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

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.

Home Equity Loans & Lines of Credit

The equity in your home can be a great source of funds if you're looking for a low-cost loan for major purchases or expenses. Whether it's a home improvement project, consolidating debt, college tuition, or vacation, we make it easy - in addition to a great rate, we charge you no application fees. 

Home Equity Line of Credit

  • Borrow up to 90% of your home's value
  • Min/Max Loan Amount: $10,000 - $400,000
  • Term: 10 year draw; 10 year repayment period
  • No application or annual fees
  • Manage your account online through Online or Mobile Banking
  • Apply online or by calling (800) 942-9575
Apply Now View Current Rates

Home Equity Line of Credit

Apply for a Home Equity Line
Product Intro rate fixed for 12 months After Introductory Rate Current Rate without Introductory Offer
Home Equity Line of Credit 5.240% APR* Prime - 1.00% adjusting monthly 5.750% APR

Disclosure:

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

*HELOC - An introductory Annual Percentage Rate (APR) as low as 5.24% for the first twelve billing cycles with a daily periodic rate of 0.0287123288%. Thereafter, the APR will be set on the 1st business day of each month which will be either a floor rate of 5.00% APR with a daily periodic rate of 0.0273972603%, or, Prime Rate published in the Wall Street Journal on the 1st day of each month minus 1.00%, whichever is greater. The current APR, as of 07/16/2026, is 5.75% based on a Prime Rate of 6.75%.

Maximum APR is 18%. Floor rate is 5.00%. 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. Draw period is 10 years with 10 additional years to repay. Equity determined by taking 90% 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. Rate subject to change after consummation. An Early Termination Fee will be assessed if the HELOC is closed within the first 24 months after consummation. The fee will range from $652.60 to $2,690.91 and will be determined based upon the fees incurred by Align Credit Union during the processing and consummation of the HELOC. Annual Percentage Rate (APR) is accurate as of 07/16/2026.

Offer may be withdrawn without notice. All requests subject to credit approval.  Property insurance is required. Must be a first or second lien position. All requests subject to credit approval.

Align members must maintain a $5 deposit relationship.

 


Fixed Rate Home Equity Loans

  • Borrow up to 90% of your home's value
  • Min/Max Loan Amount: $10,000 - $400,000**
  • Various terms available
  • Fixed rate for the life of the loan
  • No application fees
  • Apply online or by calling (800) 942-9575
Apply Now View Current Rates

Home Equity Loan

Apply for a Home Equity Loan
Product Rates APR Monthly Cost per $1000 (excluding tax & insurance)***
Fixed 5 Year (60 months) 6.000% 6.455% APR** $19.33
Fixed 10 Year (120 months) 6.500% 6.749% APR** $11.35
Fixed 15 Year (180 months) 6.750% 6.930% APR** $8.85
Fixed 20 Year (240 months) 7.000% 7.147% APR**

$7.75

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

**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.
***Payments do not include amounts for taxes and insurance, and the actual payment will be greater.

Align members must maintain a $5 deposit relationship.

 

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