Evergreen credit


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Evergreen credit

Revolving credit without maturity.

Evergreen Credit

A revolving line-of-credit without a maturity date. As with other revolving lines-of-credit, the borrower may take and repay funds as needed up to a certain limit. See also: Evergreen loan.
References in periodicals archive ?
We saw Open Solutions' product demonstration, and were immediately impressed," said Tucker Cole, president and CEO of Evergreen Credit Union.
Open Solutions chairman and CEO, said, "Having Evergreen Credit Union remain a part of the Open Solutions' client family and selecting The Complete Credit Union Solution is a credit to our system architecture.
Editor's Note: For more information on Evergreen Credit Union, contact Tucker Cole, president, at (207) 854-5822 or tcole@evergreencreditunion.
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