Bounce Proof Checking - Overdraft Privilege
Free Bill Payment - Online
Phone Penny® - 24 Hour Bank-by-Phone Teller
ATM/Check Card
Direct Deposit
Automatic Withdrawal
Exchange Your Old Checks

Bounce Proof Checking saves you the inconvenience of bounced checks by giving you overdraft privilege protection. Avoid the embarrassment and bother of dealing with returned checks or rejected ATM transactions or store purchases. You also avoid returned check fees from retail merchants!

There is no application or form to sign. You automatically get Bounce Proof Checking with any HFB checking account. If you inadvertently spend more money than is available in your account, Bounce Proof Checking will cover the check or withdrawal - up to your overdraft privilege limit: Up to $500 for checking accounts open 6 months or more. Up to $250 for checking accounts open less than 6 months or any student checking account

A standard bank charge will apply, but the item will not be returned or denied. So you enjoy immediate convenience and potential cost savings. If you never overdraw your account, there's never an overdraft privilege charge to you. But you always have Bounce Proof Checking, just in case you need it!

Pay all your bills online with the click of a mouse, from the comfort and privacy of your home or office. Save time by using Online Bill Payment and let us worry about paying your utility bills, mortgage, car loan, or any other payment. Online Bill Payment saves you time by allowing you to schedule recurring payments and saving your payee information. Once you have entered your payees, paying bills will take minutes.

With Direct Deposit or Automatic Mortgage Withdrawal from your checking, you can enjoy all the benefits of this terrific service... free of charge! No more stamps to buy or checks to write. Save money as well as time every month. Get all this convenience, FREE.

If you don't have Direct Deposit or Automatic Mortgage Withdrawal, we can help you get set up quickly and easily. Otherwise, the fee for the Bill Pay service is $3.00 per month, which covers the service and the first ten payments made each month. Additional payments in the same month cost 30 cents each. That's still a great deal... less than the cost of a stamp for all the convenience and security of Online Bill Payment. The first 90 days are without charge then fees will be deducted from your designated checking account.

Sign up for Bill Payment -Online at our portal.

This convenient automated service will change the way you do your banking. Penny can give you fast answers to your account questions, 24 hours a day, 7 days a week. From the comfort of your home or across the country, you can phone Penny anytime from anywhere. With a touch-tone phone, you can:

• Obtain balances on your deposit accounts
• Verify that checks have cleared.
• Confirm deposits and withdrawals.
• Transfer funds between accounts (you must see a Personal Banker to activate this feature).
• Get current savings and loan interest rates.
• Make loan payments.
• And much, much more!

There is no application fee, no monthly or annual fee. You can pick up the phone right now and get fast, accurate information on your accounts. Have your account numbers ready (they're listed on your account statements), then follow the simple instructions. If you do need assistance, call a Personal Banker at the office nearest you for immediate help.at,or.

Use your Hemlock Federal ATM/Check card instead of checks anywhere you see the MasterCard® logo. There's no need to write a check or hassle with identification. Your card is welcomed at millions of places where personal checks are not. Your purchase will be deducted directly from your checking account and will be listed on your monthly statement free of charge. And when you do need cash, you can always use your card to get it 24 hours a day, at thousands of ATMs throughout Chicagoland and around the world.

• Faster and more convenient than writing a check
• Safer than carrying a lot of cash
• Free of charge

Why make a special trip to the bank when the funds can be deposited automatically to your account. Whether it's your payroll, Social Security or other regularly received check, Direct Deposit provides you a safe and more convenient way to deposit that payment. And it's free of charge!

Take the hassle out of writing checks each month for regular payments of your mortgage, utility bills and more. Sign up for free automatic withdrawal of these scheduled monthly payments. Save time and money.

When you open any new Hemlock Federal checking account, exchange the checks from your previous bank and get 200 Fine Line checks...Free!

If you would like further information about any of these services, please see a Personal Banker at the office nearest you or Contact Us . Let us know how we can help you.

Whether it's for a new home, a car, a home improvement, education or vacation, you'll discover affordable rates, convenient terms and quick turn-around at Hemlock Federal.

Mortgage Loans
Free Home Loan Preapproval
Home Equity Loans (fixed rate)
Home Equity Line of Credit
Auto Loans
Personal Loans
Phone Penny® for current rates, 24 hours a day.
Loan Officers

We give you total flexibility when buying or refinancing your home. Each Hemlock Federal loan is designed and customized to meet your individual needs. We offer a variety of fixed and adjustable rate mortgages, also available with no points. Our bi-weekly mortgage will save you tens of thousands of dollars over the life of your home loan. FHA and VA loans have low down payments for qualified applicants. Our streamlined application and approval process means you'll get a commitment and close your deal quickly. For complete details on our wide assortment of mortgage loan terms and options, call the office nearest you and ask to speak with a Loan Officer.

• Affordable, competitive rates
• Variety of convenient terms
• Servicing of loans retained by us
• Below market rate financing is available to eligible first time home buyers through our partnership with the Illinois Housing Development Authority.
• Closing cost assistance is available to income eligible borrowers via our participation in the Federal Home Loan Bank's Affordable Housing Program.

Whether you're a first time homebuyer or looking to make your next home your dream home, it makes good sense to have your loan preapproved. You know the price range you can afford. You know your maximum approved loan amount. You get so much help, at no cost to you. A free Home Loan Preapproval from Hemlock Federal is the smartest way to begin your mortgage process.

• Know your price range
• Become a preferred buyer
• Streamline the approval process

We can help you use your home's equity as a ready source of cash for a variety of your financial needs. Borrow for home improvements, vacations, education expenses, medical bills and more. Consolidate your high cost credit card bills into one easy monthly payment. Save time and pay less. Plus all or some of the interest on your loan may be tax-deductible. All this is possible by using the hidden equity in your home. We have a variety of fixed rate terms from which to choose. We even offer equity loans with no points.

• Variety of terms, some with no points
• Rates lower than most consumer loans and credit cards
• Use to meet expenses of all kinds

Tap into your home's equity to meet expenses of all kinds. Simply write a check from your personal credit line. Make low monthly payments on the amounts borrowed at a rate that's lower than most consumer loans or credit cards. Your interest may also be tax-deductible. Borrow only the amount you need, whenever you need it. It's the most convenient way to get cash in a hurry.

• Easy access to credit line - simply write a check
• No points
• No annual fee for first year
  
  
  

A Hemlock Federal auto loan can be the key to the new or previously owned vehicle you want now. We offer a variety of terms, competitive rates and fast service.

Borrow up to 90% of your passbook or certificate of deposit balance. Our convenient Personal Loans make it easy to keep your savings investment intact, continuing to earn interest, while you use the money.

For current rates, call our 24-hour bank-by-phone teller.