The roof is leaking. You have medical bills not covered by insurance. Your child needs money for college. These are just a few of the reasons that homeowners choose an equity line of credit. Your home is one of your most valuable assets and you can leverage that asset when you need it most. We offer access up to 89% of the value less the amount of the 1st mortgage with a variable payment plan by check or debit card.

Ready to apply? You’ll need:

  • Social Security Number
  • Contact information
  • Employment information
  • Best estimates of income, assets and liabilities.


ELOC Features:

  • Variable payment plan
  • Access your ELOC via credit card or check
  • May be used for first and second mortgages
  • Monitor your account anytime

Help reduce fraud and monitor your spending anytime, anywhere with Visa Purchase Alerts.

With near real-time alerts from Visa Purchase Alerts, you can receive updates on your Visa® card activity. And this unique service is available free for CDC Federal Credit Union Visa cardholders.

After your Visa card has been used, you’ll receive an alert through text message or email. If there is fraudulent activity, you can find out within minutes and act quickly to resolve the situation.

How you use the service is up to you. You can choose to receive alerts when your Visa card is used for purchases over a specified amount, online transactions, purchases outside the United States, and more. You can even customize the purchase amount threshold—for example, setting it to only receive alerts for purchases above $50.

Select the delivery options that best meet your needs, with text messages, emails, or both for extra security and convenience. Each alert contains important information, including the purchase amount, merchant name and location (if available), and the last [four] digits of the Visa card used to keep you best informed.

All this for free for CDC Federal Credit Union Visa cardholders. Sign up for alerts at today.

Disclosure: Actual time to receive Alerts powered by Visa dependent on wireless service and coverage within area. Alerts service may not be available in all areas. Gasoline alerts may not include purchase amount. Account activity qualifying for Alert service may vary by issuer. Additional restrictions apply.

Home Equity Loans

  • Variable payment plan
  • May be used for first and second mortgages
Credit Union Equity Line of Credit Disclosures
Interest Rates and Interest Charges
ANNUAL PERCENTAGE RATE (APR) for Purchases 7.25%
Your APR will vary with the market based on the prime rate*
APR for Balance Transfers 7.25%
This APR will vary with the market based on the prime rate*
APR for Cash Advances 7.25%
This APR will vary with the market based on the prime rate*
Paying Interest Your due date is at least 25-days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date.
Federal Reserve Board Credit Card Tips To learn more about factors to consider when applying for or using a credit card, visit
*Variable Rate Information: Your APR may vary. Variable Rate Feature: The Visa Credit Cards have a variable rate feature meaning that the Annual Percentage Rate (corresponding to the periodic rate) and the term of your Visa loan may change due to interest rate fluctuations. The Annual Percentage Rate (APR) includes only interest and no other costs. Maximum APR is 18.00%.
Transaction Fees
Balance Transfer Fee None
Cash Advance Fee None
Penalty Fees
Late Payment Fee 4% of minimum payment not to exceed $25
Over-the-Credit Limit Fee None
Returned Payment Fee $26
Miscellaneous Fees
Lost or Stolen Card Replacement None
Statement Copy Fee $5

How we will calculate Your Balance: We will use a method called “average daily balance (including new purchases”). See your account agreement for more details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.

The information about the costs of the card described in this application is accurate as of 06/14/2017. This information may have changed after that date. To find out what may have changed, call 404-325-3270 or 800-245-9655, visit, or write CDC Federal Credit Union, P. O. Box 49169, Atlanta, GA 30359-1169.

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