Skip Navigation Skip to Online Banking Skip to Accessible Content

Knowledge Center

Find the answers to your questions related to Members 1st products, and services.

Draw Period

A Home Equity Line of Credit (HELOC) begins with a 2- or 5-year draw period, when you can access the funds in your credit line. During this time, you can make draws up to your credit limit as needed. The minimum payment during the draw period of a HELOC is interest-only, but you also have the option to pay down your HELOC at any time.

Eligible to all Butte, Glenn, Shasta, and Tehama County residents. Join Now
We use cookies to make navigation easier, analyze site use, and assist our marketing, as explained in our Online Privacy Policy.