Debt Consolidation

Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. Common loans people want to consolidate are high...

Deductible

Deductibles are commonly used with insurance policies where the deductible is the amount of expenses that must be paid out of pocket before an insurer will...

Deed

The document by which title to real property is transferred or conveyed from one party to another.

Direct Deposit

A direct deposit is the electronic transfer of a payment directly from the account of the payer to the recipient's account. Typically, this refers to...

Dividend Rate

Dividend Rate is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding...

Dividends

A dividend is a sum of money paid regularly (typically monthly) by the credit union to its members based on the interest rate associated with your earnings

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...

Equity

Equity is the difference between what you owe on your mortgage and what your home is worth.

eStatements

An eStatement is an electronic notification sent to your e-mail address the day your statement is available to view your statement electronically in Online...

Federal Home Loan Bank WISH Program

Learn more about the FHLB's WISH Program offering downpayment and closing cost assistance for home buyers.