How will you use your credit line?

You built up your credit. Now comes the fun part.

Think about what you could do if you took advantage of your credit line. Use your credit line for important expenses or unique opportunities. And the best part? It's quick and easy. You can transfer money from your existing Home Equity Line of Credit today.

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Blue and red house

Home Renovations

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Reduce debt

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New car

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New Boat

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Get Cash

Access your funds in 4 simple steps

1. Log into Online Banking and click on Transfer in the navigation bar

2. Select your Home Equity Line of Credit and the account to transfer into

3. Enter a dollar amount

4. Verify and Submit

Set a transfer in
Online Banking today

People's United Home Equity SelectLock®

Your People's United Home Equity Line of Credit features SelectLock, a loan option that allows you to lock any or all of your balance at a fixed interest rate with a fixed payment. So now you can have even more peace of mind.*

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Lock in your interest at a fixed rate on up to three portions of your Home Equity Line of Credit at the same time.

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Enjoy access to your remaining credit at a variable interest rate.

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Replenish available credit for additional uses if your principal balance is paid down.

If you have any questions, or would like to learn more. Please call us at 833-217-0742

*The SelectLock Loan is a feature of the Home Equity Line of Credit that may allow you to convert any or all of your variable rate principal balance to a fixed rate and fixed payment. The minimum balance can be converted is $10,000. The APR for each SelectLock Loan is fixed and determined based on comparable fixed interest rate home equity loans for the principal amount and term you request. Each SelectLock Loan advance is considered a separate loan with a separate payment and t erm of repayment and remains in effect until paid in full. A $50 fee is charged whenever you exercise a SelectLock Loan option. You may not have more than three (3) outstanding SelectLock Loan balances at any one time. You may not exercise the SelectLock Loan option after the draw period ends.

© 2020 People's United Bank, N.A. | Member FDIC | Equal Housing Lender icon Equal Housing Lender