Skip to main content
  • Sitemap
    ( Press S )
  • Accessibility Statement
    ( Press A )

Need help?

877.964.3262 »

Contact Us »

Midcoast Federal Credit Union

Digital Banking Login

  • Open An
    Account
  • Apply For
    A Loan
  • View
    Rates
  • PERSONAL
  • BUSINESS
  • eSERVICES
  • EDUCATION CENTER
  • RESOURCES
  • ABOUT US
Sign InApplyJoin
  • Hours & Locations
  • Contact Us
  • Products & Services
    • Products & Services
    • Personal Accounts
      • Personal Accounts
      • Checking Accounts
      • Savings & Money Market Accounts
      • Certificates & IRAs
      • Youth Accounts
      • Credit Cards
      • Consumer & Home Loans
      • Insurance Protection
      • Additional Services
    • Business Accounts
      • Business Accounts
      • Impact Business Checking
      • Impact Business Savings
      • Local Business Lending
      • Additional Services
    • eServices
      • eServices
      • Mobile Banking
      • Mobile Check Deposit
      • Midcoast Connection
      • Bill Pay
      • eAlerts
      • eStatements
      • Secure eMail
      • Online VISA® Access
      • iTalk
  • View Rates
  • Education Center
  • Resource Center
  • About Us

Breadcrumb page navigation

HomePersonal AccountsConsumer & Home LoansConsumer LoansPersonal Line of Credit

Personal Line of Credit

A Personal Line of Credit provides you access to money when you need it! Use it for over draft protection, emergencies, vacation, or in place of a personal loan. This revolving line of credit provides you access to your available balance and additional funds for re-use as the balance is paid down, all without reapplying for a new loan. 

Features:

  • Competitive rates
  • Continual access to funds as you pay down your balance.
  • Draw as little as $100.00¹ (can be linked to an overdraft protection account!) 
  • Get approved for up to $25,000 or as little as $500.00. We have solutions to fit your budget.
  • Minimum Payment of 2.5% of the balance or $50.00, whichever is greater.
  • Loan Due Date is on the 25th of each month.
  • Paper Billing statement will be mailed to members on the 1st of each month, if a balance is due.²
  • No Annual Fee
Apply NowView Rates »

All applications are subject to approval. Your actual rate will be determined by credit qualifications and disclosed when the credit line is opened. Terms and conditions subject to change.

Finance Charges
• Variable Interest Rate 
• Interest accrues beginning on the date funds are transferred and added to the daily balance. Interest continues to accrue until the balance is paid in full.

Access to the Line of Credit
• In Person Line of Credit Advances
• Transfers to any Midcoast FCU Account via Digital Banking
• Overdraft Protection Opt-In ³
• Check, Debit Card, and ATM transactions (can be accessed through the ODP, transfer fee of $5 would apply)

Fees
• Overdraft Transfer Fee: $5.00 per transaction
• Returned Payment Fee: $28.00 per transaction
• Late Payment: $25.00 will be charged if you are 15 or more days late

¹ If the System transfers to cover an overdraft it will only transfer in increments of $100. A member can transfer any amount over $100 through home banking, it does not have to be in increments of $100.
² Members will not receive a statement if their balance is $0.00
³ Members have the option to set up this Line of Credit as an Overdraft Protection for a Midcoast FCU checking account. The ODP is set up at closing and members can opt in or out and set up the transfer priority.

Related Products:

  • Online Access
  • Credit Cards
  • Auto Loans
  • Mortgages
  • Checking Accounts
  • Savings & Money Market Accounts
  • Certificates & IRAs
  • Youth Accounts
  • Credit Cards
  • Consumer & Home Loans
    • Consumer Loans
      • Auto Purchase Loans
      • Auto Refinance Loans
      • Boat & Recreational Loans
      • Personal Line of Credit
      • Personal Loans
      • Credit Builder Loans
    • Home Equity Lines of Credit
    • Mortgages
    • Private Education Loans
  • Insurance, Payment & Identity Protection
  • Additional Services

Helpful Information

  • Contact Us
  • Locations & Hours
  • Calculators

Find a branch near you.

LOCATIONS

PHONE: 877.964.3262 (Toll Free)

ROUTING: 211287476

NMLS #: 415389

©2023 Midcoast Federal Credit Union.
All Rights Reserved.

Federally Insured by NCUA
Equal Housting Lender
  • Home
  • Contact Us
  • Locations
  • Privacy Policy
  • Sitemap
  • Accessibility
  • Truth in Savings Rate and Fee Disclosure
  • Funds Availability Policy

Facebook

LinkedIn

SURF

Co-Op