APCU recently made member and postal employee Nelsy Bacon’s day by paying off the auto loan for the Jeep she uses on her rural mail route.
“This made my day, my year and beyond,” said Bacon. “I won’t have a car payment. You don’t know what this means to me!”
Bacon was the lucky winner of APCU’s Auto Loan Payoff Sweepstakes, which ran from Jan. 1 until March 31. Any member who financed an auto loan during that time period with APCU – or Center Parc Credit Union, a division of APCU – was automatically entered to have their loan balance paid in full up to $35,000. Members who also purchased GAP Insurance or Route 66 Extended Warranty Protection through the Credit Union received additional entries into the sweepstakes.
As a rural letter carrier in Mount Vernon, WA., Bacon was required to buy her own specialized right-hand-drive vehicle to complete her mail route. She financed her specially outfitted 2011 Jeep Wrangler through APCU during the sweepstakes – and the Credit Union randomly selected her name as the winner from more than 3,300 entries.
As a result, the credit union paid off all $23,084.57 of Bacon’s auto loan.
“My husband and I are thrilled to begin saving for the next big thing now that we won’t be making monthly auto payments anymore,” Bacon said. “I just cannot thank APCU enough!”
According to data from Lending Tree, auto loan debt is the third-largest debt category behind mortgages and student loans. In fact, Americans owe $1.46 trillion in auto loan debt. For that reason, APCU is proud to run promotions such as these for our members – and plans to run more in the future! Check www.apcu.com for details.
“At APCU, we’re excited to be able to help our members thrive financially in any way we can,” said Blake Graham, executive vice president and chief lending officer at APCU. “Given our history of serving Postal workers, we are proud that we were able to pay off the vehicle Nelsy uses for her mail route each day. We have the utmost respect for the work Nelsy does as a rural letter carrier – and we’d like to thank her for being a member of APCU.”
At APCU, we welcome postal workers – but you don’t have to be one to join us! Check out our site to learn more!