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AllCom Credit Union Offers Assistance to Homebuyers through FHLB Boston Program

AllCom Credit Union has been selected to participate in the Federal Home Loan Bank of Boston’s Equity Builder Program, which assists local homebuyers with down-payment and closing costs as well as homebuyer counseling and rehabilitation assistance.

The $3.1 million program provides grants to financial institutions to assist households at or below 80 percent of the area median income. Borrowers are eligible to receive up to $11,000 in assistance on a first come first serve basis. Buyers must also complete a homebuyer counseling program.

“We are pleased to be able to offer this assistance to help ease some of the challenges associated with a home purchase. Homeownership is key to building wealth and creating financial stability, and programs that assist homebuyers are a critical component in ensuring that our communities continue to thrive,” said Debbie Guiney, President/CEO, AllCom Credit Union.

AllCom Credit Union is eligible to receive up to $110,000 in 2018 through the Equity Builder Program, depending on availability of funds.

Since 2003, the Equity Builder Program has awarded more than $35 million in EBP funds assisting 3,150 income-eligible households to purchase a home.

To learn more about applying for assistance, please call 508-754-9980 or email loans@allcomcu.org.

Mobile Banking App Now Live!

Banking Made Mobile, Is Banking Made Better

With the AllCom Credit Union mobile banking app, you can manage all of your accounts, including loan payments, all from one simple and convenient app that’s with you wherever you go.allcom mobile app on phone

Features Include:

    • Quick View Balance
    • Transfers between AllCom Accounts
    • Loan Payments
    • Mobile Check Deposits with a maximum of 3 deposits per day and a daily limit of $2,500
    • Bill Pay
    • Fingerprint Sign-In available for more secure sign on

When using the app, your login information will be the same as your Online Banking User Name and Password.

Be sure to download the app today to get the most out of your banking experience with AllCom Credit Union.

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