As we mentioned in a previous blog post, many consumers who have a pre-approval from their preferred lender complain that they are being forced into financing their new vehicle purchase at the dealership. We know that the nationwide shortage of vehicles is causing dealerships to do everything they can to get your business and while this is not … [Read more...]
Dealer Forcing Financing
State of the Credit Union
Hello and welcome to 2022. As we begin a new year, I like to look back to see what we as a credit union have accomplished over the last year. Of course, we measure our success financially, but we also focus on how well we’ve served our members. After all, that is the reason that we exist. While 2021 was a difficult year for many, financially, … [Read more...]
Avoid the Pitfalls of Switching Banks
Sometimes it’s necessary to switch banks because of a life change. For example, you may need to find a new bank if you move to a different city. In other cases, switching may just be a matter of finding one that offers lower fees or better interest rates on savings. Although it’s never an easy decision, there are several situations where it makes … [Read more...]