Freedom Line of Credit
Fast, Flexible, Straightforward. Experience our Freedom Line of Credit!
Our Freedom Line of Credit allows you to easily borrow what you need when you need it for personal expenses. Funds are accessible 24/7! Draw upon the credit line as often as needed, with no fees and no minimum withdrawals. In addition, you will not pay interest until after funds are borrowed!
Call us at (207) 897-0900 to apply today!
Interest rates are fixed and vary depending on credit score.
Benefits of a Freedom Line of Credit
- No fees
- No minimum withdrawals
- No interest or payments due until funds are borrowed
- Extremely convenient – funds may be accessed by share draft, home banking, or in person
- Functions as a safety net against life’s unexpected expenses
More Details About the Freedom Line of Credit
- Monthly payments will be 2% of the unpaid balance or $100.00, whichever is greater.
- Minimum loan amount is $1,000.00. Maximum loan amount is $15,000.00.
- Interest rates are fixed and are based on your credit score. Rates as low as 8.50% APR.
How can OTIS work for you?
If you live, work, worship, or attend school in Franklin County, Canton, Fayette, Hartford, Leeds, Livermore, Livermore Falls, Mount Vernon, Readfield, Turner, Vienna, or Wayne, you’re eligible to be part of OTIS FCU – and we’d love to have you join our community.