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Financial Insights

Powerline of Credit

Enjoy the power that comes from having easy access to extra money.
Tap into a credit line as often as you wish
Use funds for almost any purpose
Access cash through digital banking tools
Get a great rate
The current Powerline of Credit rate is 9.99% APR.* However, that rate may go up or down over the life of the loan.

Tackle a project. Make a purchase. Or simply do something fun.

What can you do with a Powerline of Credit? Remodel your home, repair your car, cover medical bills or take a family vacation. And that just scratches the surface.

Just fill out one straightforward loan application. After that, you have the power to access funds whenever you want for years on end. It's easier than applying for a new loan every time and less costly than maxing out a high-interest credit card. Best of all, it gives you the flexibility to financially handle anything life throws your way.

  • Credit limits range from $5,000 to $50,000
  • No collateral required for Powerline
  • Make interest-only monthly payments
  • Quickly access funds through Online and Mobile Banking
  • Ideal for education expenses, debt consolidation and more
  • Apply online, by phone or at a Berkshire Bank branch


Berkshire Bank is a full-service financial institution with branches in MA, CT, VT, NY, and RI.

Financial flexibility that fits your lifestyle.

Meet your new credit card
Learn More

Disclosures: 

Banking products are provided by Berkshire Bank: Member FDIC. Equal Housing Lender. Berkshire Bank is a Massachusetts chartered bank. Power Line is available for qualifying customers for lines $5,000 to $50,000. To apply, you must be 18 years of age or older and agree to provide additional personal information, if requested, such as tax returns and financial statements and have a FICO score of 680 or higher with a maximum total debt ratio of 40%. Subject to credit approval. Line of credit requires a Berkshire Bank checking account. credit line not to exceed $50,000. All accounts are subject to annual review.

*Annual Percentage Rate (APR) is a variable rate and based on the Index plus a margin of 1.99% and requires a FICO Score of 740 or higher. The Index is the Prime Rate as found in the Money Rates section of The Wall Street Journal and is floating during the life of the loan. APR is variable and may increase after consummation. The APR will never go below 4.00% and will never exceed 18.00%. Power Line has a term of 20 years; 10-year draw period with interest only monthly payments followed by a 10-year principal and interest repayment period.

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