VNB® Cash Value Line Of Credit


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The perfect fit to access the cash value of your whole life Insurance Policy

The VNB® Cash Value Line of Credit is the simple way to access the value of your whole life insurance policy to help manage your cash liquidity needs.

  • No pre-payment penalty or application fee
  • Funds are available to be used for personal or business needs
  • Interest may be tax deductible (consult with your tax advisor)
  • Online access to account activity with VBankWorks®, Valley's online banking system
  • Multiple policies can be used as collateral for one line of credit
  • Customers maintain the full dividend schedule of the policy and the benefits remain intact
  • Simple application process with quick turnaround time on decisions

To get started, download the application and fax it to 1-973-694-2943, visit a convenient branch or speak with a local customer service representative by calling 1-800-522-4100.

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As of 11/21/2017, the variable Annual Percentage Rate (APR) is 4.25% and will vary with the Wall Street Journal Prime Rate, but will not exceed 15.90%. Minimum loan amount is $65,000. Subject to credit approval. Additional terms and conditions apply.