Open-End and Term Credits
An open-end credit agreement at EasCorp provides credit unions convenient and timely access to an additional source of liquidity.
Loans can be requested through end of day, making the program more flexible than other similar sources of funds.
Credits can be collateralized with EasCorp share certificates or marketable securities.
Term loans are also available in maturities as short as seven days to as long as five years.
Structured loans are quoted as requested and can be fixed or floating, with a bullet, callable, or amortizing structure.