PremierOne Credit Union Expands with New Home Equity Loan and Savings Account Products
News provided byPremierOne Credit Union · 2 min read
SAN JOSE, Calif., Sept. 3, 2026 /CourierPR/ -- PremierOne Credit Union has expanded its financial offerings with the introduction of two new home equity loan products and a new savings account, aimed at providing members more flexibility and opportunities to achieve their financial goals.
The credit union, which is committed to meeting the evolving needs of its members, has rolled out the HELOC 100 (Home Equity Line of Credit) and HELN 100 (Home Equity Loan 100) products. These offerings are designed to give homeowners more borrowing flexibility, with the HELOC 100 offering a 10-year draw period followed by a 15-year repayment period, while the HELN 100 provides a 30-year fixed-rate second mortgage.
"Homeowners now have a range of options to finance their goals, whether it’s for renovations, consolidating debt, or other significant purchases," said Chris Caputo, Vice President of Lending Operations at PremierOne Credit Union. "We believe these new solutions will help our members better manage their financial needs and build long-term financial confidence."
The HELOC 100 is available for qualified borrowers with a combined loan-to-value ratio of up to 100%, with loan amounts up to $250,000 for California primary residences. The HELN 100, on the other hand, is a fixed-rate second mortgage with a 100% combined loan-to-value ratio, also offering up to $250,000 in financing.
In addition to these home equity products, PremierOne Credit Union has also introduced the Premier Money Market Plus Account, a savings product intended to reward members who bring qualifying new funds to the credit union. This account features tiered dividend rates, allowing members to earn higher yields on their savings.
"By offering this new savings account, we're providing another avenue for members to grow their wealth and support our growth," said Rick Tresler, Vice President of Member Experience. "We're excited to offer this competitive savings option that not only benefits our members but also contributes to the financial health of our credit union."
More information on the Home Equity Loan Products and the Premier Money Market Plus Account can be found at www.premieronecu.org/home-equity-loans and www.premieronecu.org/accounts/savings-accounts#money-market-plus, respectively.
PremierOne Credit Union, with assets exceeding $650 million, serves members in Santa Clara, Santa Cruz, Monterey, San Benito, Alameda, San Mateo, Merced, San Joaquin, and Stanislaus counties. The credit union operates six branch locations and offers access to nearly 5,000 shared branches and over 30,000 surcharge-free ATMs nationwide through the CO-OP Network.
PremierOne Credit Union continues to prioritize its mission of helping members achieve better financial lives, and these new products are part of its ongoing commitment to offering competitive financial solutions.