Loan Debt Protection

loan-debtLife is like a box of chocolates. You never know what you’re going to get. Don’t let life get you down after an event leaves you scrambling to pay your bills. Let us get your back with debt protection.

What is it?

Debt protection can assist in relieving financial pressure in the event of death, disability, or involuntary unemployment. There are eight plans to choose from that range from $0.73 a month for a single account and up to $10.90 a month for a joint account.

What does it cover?

  • Short-term loans: closed-end loans of 120 months or less, unsecured lines of credit and credit cards
  • Long-term loans: closed-end loans of 120 months or more, and home equity line of credit plans

Rest easy as your loan balance or monthly payments will be cancelled without any penalty. Your credit rating also stays secure during this time.

How can I get it?

Contact us today or visit one of our branches.