The story below is just one example of how Georgia credit unions help people afford life each day. This account was featured in Georgia Credit Union Affiliates’ 2017 Helping People Afford Life Stories booklet.
A 25-year, loyal member of HALLCO Community Credit Union visited the credit union seeking an increase in her outstanding personal loan.
Her husband had been diagnosed with a progressive form of dementia and she wanted to make the mos of the time she had left with him. They had always wanted to visit Key West, and if they didn’t do it soon, she knew it wasn’t going to happen.
Their credit wasn’t great. It wasn’t even good. They’d dealt with health issues. He had lost his job. They had filed for bankruptcy. On paper, they didn’t look like good candidates for a loan increase, but the credit union looked at the bigger picture.
This member had worked for the same employer for almost 30 years. During their entire tenure as members, she and her husband had always met their payment obligations to the credit union. Considering this, HALLCO approved the loan, and the couple was able to take the trip they wanted so long to enjoy.