CorePlus Credit Union

Coronavirus (COVID-19) Update:  All CPCU branch lobbies are closed. Our drive-up services are open for extended hours.  Click here for details

Coronavirus (COVID-19) Update for Credit Card Holders: FIS, our Credit Card servicer, currently has less staff available to assist with your call. Please expect longer than normal wait times when calling in.  Thank you for your patience.

Smart Banking. Community Trusted.

Our low rate HELOC
can make it happen.

Home Equity Lines of Credit

Our Home Equity Lines of Credit (HELOC) provides immediate cash for major purchases or expenses. You write checks directly from your HELOC checkbook as you need funds.

We have two Home Equity Lines of CrediT programs to meet your needs that provide for immediate accessibility of your home’s equity, when you need it. With an extended draw period, once your HELOC is opened, you can access your line whenever your need it for up to 10 years! See the Rates Page for today’s HELOC Rate.

P&I Home Equity Lines of Credit | allows for 15 year repayment calculation during your draw period

  • Variable rates as low as Prime – .50%
  • LTV’s up to 90* (680 or higher credit score required)
  • Loan amounts up to $200,000.00

Interest Only Home Equity Lines of Credit | allows for interest only payment during the draw period

  • Variable rates as low as Prime
  • LTV’s up to 80%
  • Loan amounts up to $150,000.00
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In order to process your application, you must answer the question below. Questions answered dishonestly will result in your application being denied.




Are you a current member of CorePlus Credit Union or do you live, work, or worship in New London County, Connecticut or Windham County, Connecticut?