Signature Federal Credit Union recently identified and corrected an issue affecting the monthly payment calculation for certain Home Equity Line of Credit (HELOC) accounts.

The correction, effective June 26, 2026, ensures that monthly payments are calculated according to the terms of each member’s loan agreement. As a result, some members may see an increase or decrease in their required payment beginning with the July 2026 payment due date. This update does not change your interest rate, outstanding balance, or any other terms of your HELOC.

Affected members will be receiving a letter in the mail with additional details. Please review the attached letter here. Members are also encouraged to review their upcoming billing statement for updated payment information.

HELOC Letter