Reserve Line of Credit
Reserve Lines of Credit are available to clients who have one of the following deposit
accounts:1
We offer these reserve lines with a maximum credit line of $50,000.
The purpose of this type of credit product is to offer an option to protect the client’s checking or transactions account from overdrafts. Also the client can use the reserve line by using a special check that is available in the checkbook.
A monthly minimum payment will be calculated and withdrawn from the account that is tied to the reserve line. In addition, electronic payments to the line can be made using TelePago Popular® or Internet Banking.
1 Subject to credit approval.
and CDs
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