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Allegiance Community Bank’s Cash Reserve is an unsecured revolving line of credit linked to your Allegiance Community Bank Checking Account. Cash Reserve provides you with a personal credit line up to $10,000 that you can access simply by writing a check in excess of the amount in your checking account. It also acts as an automatic protection against unintentionally overdrawing your account. To make it easier on your budget, loan repayment schedules are based on a five year term. You pay interest only on the amount of the credit line you use. Cash Reserve offers you added peace of mind and quick, convenient access to your credit.
- Borrow from $500 to $10,000
- Only pay interest on your outstanding balance.
- Interest payments based on 5 year payout.
- Fixed Rate
- Variable payments based on outstanding principal
- Allegiance Community Bank Checking Account required
- Offer of credit subject to credit approval
For more information or for current rates, contact us at 973-761-5553.
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