Report: Florida residents received more than $589 million in direct financial benefits druing 12 months ending in June Helping People Afford Life

Report: Florida residents received more than $589 million in direct financial benefits druing 12 months ending in June

December 5th, 2019109319 Florida credit unions continue to offer substantial financial benefits to members, according to the Credit Union National Association’s Mid-Year 2019 Florida Membership Benefits Report. According to Datatrac, the research firm behind CUNA’s report, credit unions in the state provided their 5.8 million credit union members $589,765,589 in direct financial benefits during the 12 months ending in June. That means, on average, credit union members received the equivalent of $101 each and that households received an average of $212. Credit unions are member-owned and democratic, allowing these not-for-profit financial institutions to...
Report: Georgians received more than $248 million in direct financial benefits during 12 months ending in June 2019 Helping People Afford Life

Report: Georgians received more than $248 million in direct financial benefits during 12 months ending in June 2019

December 5th, 201936315 Georgia credit unions continue to offer substantial financial benefits to members, according to the Credit Union National Association’s Mid-Year 2019 Georgia Membership Benefits Report. According to Datatrac, the research firm behind CUNA’s report, credit unions in the state provided their 2.2 million credit union members $248,222,745 in direct financial benefits during the 12 months ending in June. That means, on average, credit union members received the equivalent of $116 each and that households received an average of $243. Credit unions are member-owned and democratic, allowing these not-for-profit financial institutions to...
Here's how Georgia credit unions helped their communities afford life Helping People Afford Life

Here's how Georgia credit unions helped their communities afford life

July 20th, 201945398 The Georgia Credit Union Affiliates recently released its 2019 Helping People Afford Life Outreach Report, highlighting the many ways credit unions have helped Georgians afford life over the past year. “‘Helping People Afford Life’ doesn’t mean the same thing to everybody – but it holds a similar ring of truth among credit union members,” reads the intro to the HPAL Outreach Report. “It means funding life’s big milestone events. It means spending less on loan rates and fees…Simply put, for credit union members,‘helping people afford life’ means getting more out of life, without paying more.” Each year, GCUA,...
Report illustrates how credit unions Help People Afford Life Helping People Afford Life

Report illustrates how credit unions Help People Afford Life

April 26th, 201930111 Georgians received more than $226 million in direct financial benefits during 12 months ending in December 2018 Georgia credit union members enjoy substantial financial benefits, according to the Credit Union National Association’s 2019 Year-end Georgia Membership Benefits report. According to Datatrac, the research firm behind CUNA’s report, credit unions provided the state’s 2.2 million credit union members $226,584,828 in direct financial benefits during the twelve months ending in December 2018. That means, on average, credit union members received the equivalent of $106 each and that member households received an average...
HPAL: Southeastern Federal Credit Union gives a discouraged member a chance Helping People Afford Life

HPAL: Southeastern Federal Credit Union gives a discouraged member a chance

October 19th, 201825139 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 few years back, Southeastern Federal Credit Union welcomed a man in his 30s as a new member. He'd never had a bank account or any credit. What he did have were a lot of tattoos. He commented at the time that his appearance often made it difficult for him to find employment. After about a year, he visited the branch and asked about building his credit. He had been employed for more than a year and had maintained a healthy...
HPAL: Platinum Federal Credit Union hooks up a great auto sale Helping People Afford Life

HPAL: Platinum Federal Credit Union hooks up a great auto sale

October 12th, 201834200 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 Platinum Federal Credit Union member was in the process of obtaining a new auto loan, but was having trouble deciding whether he should trade in his existing vehicle at the dealership or sell it to a private buyer. With an existing balance on the loan, he didn't want to get stuck making two monthly car payments. Coincidentally, another member visited the branch and mentioned he wanted to purchase a used car for his work...
Helping People Afford Life

HPAL: MidSouth Community Credit Union gives an elderly member financial confidence

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.  An elderly member with impaired hearing visited her MidSouth Community Credit Union branch once a month to met with the branch manager. The manager would assist the member in calling her mortgage company to make monthly payment, and in withdrawing enough funds from her account to pay her monthly bills. Recently, the member encountered some unexpected expenses and needed to take out a small loan to cover them. The branch...
HPAL: Kinetic Credit Union saves member more than $5K Helping People Afford Life

HPAL: Kinetic Credit Union saves member more than $5K

September 28th, 201825130 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.  While conducting preliminary research for a member interested in refinancing a loan at Kinetic Credit Union, the loan originator noticed a homestead exemption had not been filed on the property. The homeowner was entitled to claim the exemption, so the credit union loan officer reached out to discuss it with the member. After looking further into the matter, the loan officer located a copy of the member's warranty deed from...
HPAL: HALLCO Community Credit Union helps couple enjoy husband's last days Helping People Afford Life

HPAL: HALLCO Community Credit Union helps couple enjoy husband's last days

September 21st, 201832161 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....
Page 1 of 212
© Southeastern CU News 2024. All rights reserved.
Produced by Growth by Design