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How will you put the value in your home to work?

Low Rate 150th Anniversary HELOC Special

Limited Time
Rate Offer

Fixed up to 12 Months

1.5

%

APR2

Then Prime,
currently

5.5

%

APR2


What projects will you tackle?

Home Renovations   I    Home Additions & Upgrades

Make Large Purchases    I   Pay Education Expenses   I    Vacation Planning

Emergency Fund   I    Consolidate Debt

 

Key Features

  • Competitive Rates
  • Quick Decisions
  • Local Processing
  • Anytime Funds

Home Equity Line of Credit Special

1.5% fixed APR up to 12 months2 then Prime. Currently, Prime is 5.5% APR.

  • Competitive rates for several ongoing or seasonal needs:
    • Education expenses
    • Major life events
    • Home improvements
    • Debt consolidation
    • Emergency reserve
    • And much more
  • The existing equity in your home is used as collateral backing
  • Funds available anytime without reapplying; apply once, then use repeatedly thereafter
  • Revolving credit — as principal is repaid, more becomes available for use
  • Interest is only charged on what you use
  • The interest paid might be tax deductible1
  • Flexible repayment terms that fit your budget
  • Quick, local decision-making and processing
  • Attentive, friendly service from start to finish

Learn More

Visit our Mortgage Web Center for financial calculators, current rates, and other helpful resources.

Calculator
Meet Our Lenders

Our experienced, knowledgeable and friendly lenders are ready to help you with your HELOC loan.

  • Carolyn Balicki

    Wilbraham Branch Manager
    Assistant Vice President
    Retail Banking Officer

    NMLS ID 1231324

    (413) 267-1281

    Email Carolyn Balicki
  • Wil Morales

    Monson Branch Manager
    Retail Banking & Security Officer

    NMLS ID 1220692

    (413) 267-1215

    Email Wil Morales
  • Adriano dos Santos

    Hampden Branch Manager

    NMLS ID 959426

    (413) 267-1290

    Email Adriano dos Santos
  • Vicki Baldyga

    Ware Branch Manager

    NMLS ID 864006

    (413) 725-4545

    Email Vicki Baldyga
  • William J. Toth

    East Longmeadow Branch Manager

    NMLS ID 1404960

    (413) 893-0195

    Email William J. Toth

1Consult a tax advisor.

2Rates are accurate as of Today's Date (Do Not Delete). The special rate is automatically applicable for the first 6-month period. After the first 6 months, the rate will be variable based on the Prime Rate published in the Wall Street Journal. The special rate will be extended for an additional 6 months if the borrower signs up for and maintains automatic payments for this Home Equity Line of Credit from a Monson Savings Bank checking account prior to closing on the loan. In this case, after the first 12 months, the rate will be variable based on the Prime Rate published in the Wall Street Journal. The maximum APR is 18%. An early termination fee of $500 will apply if loan is paid and discharged within 36 months from date of origination. Property insurance is required. Minimum line amount is $7,500. The interest paid on a home equity loan or credit line may be tax deductible depending on your particular tax status. Consult your tax advisor regarding tax deductibility. Not available to existing Home Equity customers. Offer can end at any time without notice. There are no points, no closing costs, and there are no appraisal fees unless you request us to use a value different than your town's assessed value, and that appraisal cost would be your responsibility. Fees to open the plan total between $0 and $1,500. Credit offer is subject to credit approval.

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF).