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Talk to us about using the equity in your home to make some of those home improvements you’ve been meaning to do. Our home equity products also offer you the flexibility to use them towards college tuition, or even debt consolidation. We can help you find the best rates and flexible terms.

Home Equity Lines of Credit

Access money when you need it and only pay interest on the amount you borrow. It is a flexible way to pay ongoing expenses or have a little safety net for those unexpected costs. You can even reuse your funds as you pay them down.

The finer points:

  • $50 annual fee1
  • Line amounts from $25,000 - $500,000
  • Draw on the line for up to 10 years with up to 20 years to repay the funds used
  • Get the flexibility to choose the payment option that works for you—interest only or principal and interest2
  • Know that you can fix a portion of your line—making your monthly payments consistent and predictable.
  • Enjoy no application or closing costs

Apply Now

To learn more, please visit a branch. 

Rates effective as of: June 18, 2018

Primary Residences and second homes Maximum term Current rate  APR3 FLOOR RATE
New Customers 30 Years 2.99%4 

Prime
2.99% Intro APR for 12 months4 

5.000% Current APR
3.250%
Existing Customers 30 Years Prime 5.000% Current APR 3.250%

All rates subject to change without notice.

A New Customer is a customer without a CSB HELOC or CSB Home Equity Loan. An Existing Customer is a customer with a CSB HELOC or CSB Home Equity Loan. Subject to credit approval. Minimum loan amount is $25,000. Maximum loan amounts are: $500,000 for a 1 unit, primary residence with an 75% max combined loan-to-value ratio (CLTV); $250,000 for a 1 or 2 unit, primary residence with an 80% max CLTV; $250,000 for a 3 or 4 unit, primary residence with a 75% max CLTV; and $250,000 for a 1 unit, second home with an 80% max CLTV. Call us for current rate & terms for properties listed for sale.

APRs for HELOCs are variable and are subject to change monthly based on the Wall Street Journal Prime Rate, which is currently 5.000%. The maximum rate is 18.00% APR. Minimum or “Floor” rate is 3.250%. The term is based on a 10 year draw period and a 20 year repayment period.

1An annual maintenance fee of $50 is charged on all HELOCs, unless you are a Performance Plus customer or CSB @ Work customer. If the property is in a trust a fee of $325 will apply. Property insurance required and Flood insurance may be required. An early termination fee of lessor of $500 or 2.0% of the initial credit limit may apply if line is terminated within 36 months. A drive-by appraisal will be paid for at the bank’s expense. A full appraisal may be requested at the borrower’s expense at a fee of $425-$575. The option to convert a portion of your line to a fixed rate is available.

2Payment options are only available during the 10 year draw period.

3Annual Percentage Rate (APR)

4The introductory rate and APR are fixed for the first twelve months. After twelve months, the rate and APR are variable for the remaining life of the loan based on the Prime Rate.

Home Equity Loans

If you need to borrow a specific amount of money at one time, this loan may be a good choice. It comes with a fixed rate, so you know what your payment will be each month. Our low interest rates and short terms make it easier for you to consolidate your debt.

The finer points:

  • No annual fee
  • Fixed rate terms from 5 to 30 years
  • Competitive rates

Apply Now

To learn more, please visit a branch. 

Rates effective as of: June 18, 2018

TERM Description RATE APR # of Monthly Payments MONTHLY PAYMENT PER $1,000 BORROWED
60 Months 80% CLTV – 2nd Lien 4.500% 4.500% 60 $18.64
120 Months 80% CLTV – 2nd Lien 5.250% 5.250% 120 $10.73
180 Months 80% CLTV – 2nd Lien 5.500% 5.500% 180 $8.17
240 Months 80% CLTV – 2nd Lien 5.500% 5.500% 240 $6.88
360 Months 80% CLTV – 2nd Lien 6.000% 6.000% 360 $6.00
60 Months 85% CLTV – 2nd Lien 4.875% 4.875% 60 $18.81
120 Months 85% CLTV – 2nd Lien 5.625% 5.625% 120 $10.91
180 Months 85% CLTV – 2nd Lien 5.875% 5.875% 180 $8.37
240 Months 85% CLTV – 2nd Lien 5.875% 5.875% 240 $7.09
360 Months 85% CLTV – 2nd Lien 6.375% 6.375% 360 $6.24
60 Months 80% CLTV – 1st Lien 3.500% 3.500% 60 $18.19
120 Months 80% CLTV – 1st Lien 4.250% 4.250% 120 $10.24
180 Months 80% CLTV – 1st Lien 4.500% 4.500% 180 $7.65
240 Months 80% CLTV – 1st Lien 4.500% 4.500% 240 $6.33
360 Months 80% CLTV – 1st Lien 5.000% 5.000% 360 $5.37

All rates subject to change without notice.

Payment amounts do not include taxes and insurance. Your payments may be greater.


Subject to credit approval. Rates and terms based on owner-occupied 1-4 family homes & condominiums. Home Equity Loan minimum is $25,000. Maximum loan amounts are: $500,000 for 1-unit primary residence properties with an 85% max combined loan-to-value ratio (CLTV); $250,000 for 1 unit second homes and 2-unit primary residence with an 80% max CLTV; $250,000 for 3-4 unit primary residence with a 75% max CLTV. Property insurance required. Flood insurance and other fees may be required. If the property is held in a trust a fee of $325 will apply. Maximum CLTV based on a drive-by appraisal at the bank’s expense. A full appraisal may be requested at the borrower’s expense at a fee of $425-$575.

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