Align Credit Union Membership Expansion:

THE COMMONWEALTH OF MASSACHUSETTS
Division of Banks
ALIGN CREDIT UNION, Lowell, Massachusetts has petitioned the Commissioner of Banks for permission to amend its by-laws pursuant to Massachusetts General Laws chapter 171, section 10 to expand the associations which qualify persons for membership. The amendment proposes to expand membership eligibility to include those who live, work, or attend school within the following Massachusetts municipalities: Ashburnham, Auburn, Fitchburg, Gardner, Holden, Hubbardston, Leicester, Leominster, Lunenburg, Millbury, Oxford, Paxton, Princeton, Sterling, Sutton, Templeton, West Boylston, Westminster, Winchendon, and Worcester. Any objections or comments relative to this proposal must be communicated in writing to the Commissioner of Banks, One Federal Street, Suite 710, Boston, Massachusetts 02110 or via electronic mail to dob.comments@mass.gov no later than July 24, 2026. A public hearing may be held if the response is considered significant or circumstances warrant such a hearing, as determined by the Commissioner. The petitioner's application and all communications relative to this application are available from the Division by request at dob.rao@mass.gov.
MARY L. GALLAGHER
Commissioner of Banks

Independence Day Closure:

All Align branches will be CLOSED on Friday, July 3rd, 2026, and Saturday, July 4, 2026, in observance of Independence Day.

Transactions can be made during this time by accessing your account through online, mobile* and telephone banking.  We appreciate your understanding and apologize for any inconvenience this may cause. * Message and data charges may apply.

Electronic Statement Access Alert:

Some members may experience limited access to their electronic statements. This is a temporary issue, and our team is actively working to resolve it. At this time: Only accounts associated with your surviving member number may appear on your statement. If your member number was previously changed, you may only see statements generated after that change. We apologize for any inconvenience and appreciate your patience as we work to resolve this issue.

Bridge Equity Products

Unlike a traditional bridge loan, the decision to sell or rent your home can be made after you purchase your dream home*. With a Bridge Equity Product from Align Credit Union you will have quick access to funds, flexibility, no early termination fee and ability to manage account online through online or mobile banking. 

Disclosure:
*Approval for this loan is subject to creditworthiness, sufficient equity in your current home, and the ability to carry both mortgage payments, as determined by underwriting guidelines.  Additional documentation and financial reserves may be required. 

Bridge Home Equity Line of Credit**

  • Borrow up to 80% of your home's value
  • Min/Max Loan Amount: $10,000 - $400,000
  • Term: 10 year draw; 10 year repayment period
  • Member pays all closing and appraisal costs
  • Manage your account online through Online or Mobile Banking
  • Apply online or by calling (800) 942-9575
Apply Now

Disclosure:

APR – Annual Percentage Rate. APR and rates may be subject to change without notice.

**The rate will be set on the 1st business day of each month which will be either a floor rate of 6.00% APR with a daily periodic rate of 0.01643836, or Prime Rate (as published in the Wall Street Journal on the first day of each month, whichever is greater.  Current Prime rate is 7.00% . APR is 7.50% with a daily periodic rate of 0.02054795. Maximum APR is 18%. Floor rate is 6.00%. Draw period is 10 years with 10 additional years to repay. Loan must be first or second lien position. Actual rate and margin offered may be adjusted based on credit history and other factors - this may result in a higher rate than our published rate. Equity determined by taking 80% of property value and deducting the balance of any mortgages. If appraisal is required, the charge will range from $475 to $700. The minimum loan amount is $10,000 and the maximum is $400,000. Property insurance required. Rate subject to change after consummation. All closing costs are paid by the borrower.  The fee will range from $1279.49 to $2882.29, which includes $700.00 Origination Fee to Align Credit Union. All others will be determined based upon the fees incurred by Align Credit Union during the processing and consummation of the HELOC. Align members must maintain a $5 deposit relationship. Offer applies to owners occupied primary residences and second home residences only. Offer may be withdrawn without notice. All requests subject to credit approval.


 

Bridge Home Equity Loans***

  • Borrow up to 80% of your home's value
  • Min/Max Loan Amount: $10,000 - $400,000
  • Various terms available
  • Fixed rate for the life of the loan
  • Member pays all closing and appraisal costs
  • Manage your account online through Online or Mobile Banking
  • Apply online or by calling (800) 942-9575
Apply Now

Disclosure:
APR – Annual Percentage Rate. Rates may be subject to change without notice.

***Bridge Home Equity Loans - The minimum loan amount is $10,000 and the maximum is $400,000. Property insurance is required. Must be a first or second lien position. All requests are subject to credit approval. Actual rate and margin offered may be adjusted based on credit history and other factors – this may result in a higher rate than our published rate. Member pays all closing costs at closing and appraisal costs (if needed). Align members must maintain a $5 deposit relationship. Approval for this loan is subject to creditworthiness, sufficient equity in your current home, and the ability to carry both mortgage payments, as determined by underwriting guidelines. Additional documentation and financial reserves may be required. Offer applies to owner occupied primary residences and second home residences only. Offer may be withdrawn without notice. All requests subject to credit approval.

 

 

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