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Save up to $498 with a Chemung Canal Trust Company home equity line of credit1

Chemung Canal Trust Company's rate for a $50,000 home equity line of credit beats the Ithaca, NY average by up to 18% and is eligible for a Datatrac Great Rate Award and saving you as much as $4,179 over 3 years.

Datatrac Great Rate Award
Amount
Select Type
Chemung Canal Trust Company - Home Equity - LOC 80% 7.50% APR2
Ithaca, NY Market Average - Home Equity - LOC 80% 8.10% APR2

About Datatrac

Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 325,716 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products.  www.datatrac.net

  1. $498 is the difference between the amount paid in interest between Chemung Canal Trust Company's rate at 7.50% APR compared to 8.10% APR for the Ithaca, NY market average on a $50,000 home equity line of credit over 3 years.
  2. APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each business day and is conducted independent of any financial institution.  There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Chemung Canal Trust Company directly with any questions regarding their current rates and terms.