Two Florida credit unions named “best of lending” in 2019 by Creditunions.com

Two Florida credit unions named “best of lending” in 2019 by Creditunions.com

Creditunions.com recently named two Florida credit unions in its article about the best lending programs of the year.

The article recognized Manatee Community Federal Credit Union for offering innovative employer-sponsored small-dollar loans. Employers enroll in the program and then offer the loans as a benefit of employment, sometimes with loan reserves bolstered by company contributions, according to the Creditunions.com article.The idea behind these loans is relatively simple — but they act as a rescue for many who would have turned to predatory payday loans.

Pen Air Federal Credit Union also received recognition for its auto finance program offering to knock 2 percent from loans brought in from another lender. According to Creditunions.com, the credit union’s proram has saved members more than $4.4 million in the past three years.

Read the full credit unions.com article for more information. 


Also featured in: Creditunions.com.

Related Posts

Leave a Reply