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| what's new at bakers federal credit union? |
| Contest Winners For Instant Cash & Check Free Purchase! | |||
Want to join the list of winners? Use your Instant Cash & Check card for purchases and you are automatically entered in the contest! |
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| Risk Based Lending Guidelines Revised now as low as 5.5%! |
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At the February Board of Directors meeting members voted to adjust the guidelines for our Risk Based Lending (RBL) parameters. The four areas reviewed in the RBL format are the following:
The loan officer reviewing the loan starts at a base of 10.5% and subtracts or adds interest rate points based on your scoring in each of the preceding categories. Now members may qualify for rates as low as 5.5% for colaterized loans. To learn if you qualify for a low rate on a new or used car, a home equity loan, or second mortgage, call one of our loan officers at 339-6755 to have an application forwarded to you. |
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| Tired of Car Dealers? Members Only Easy Leasing is the Answer! | |||
| MOEZL = Members Only Easy Lease. MOEZL is a leasing program developed ONLY for credit union members. Leasing a new vehicle through the credit union is an easy, painless way of acquiring a new car. It eliminates haggling with car dealers and you get the car with the options you want delivered directly to you. Click here for more information! | |||
| 6.9% Rate for VISA Credit Cards Continues | |||
| By using your Baker's FCU VISA credit card between now and January 3, 2000 you will receive the promotional rate of 6.9% APR on all new transactions. You will have until March 1, 2000 to pay off the promotional balance. At that time any remaining unpaid balance will roll to the regular interest rate of 14.9%. Use your VISA credit card for vacation, back to school expenses, Christmas shopping, balance transfers and celebrating the new millennium. | |||
| Other Hot Topics . . . | |||
We've added two new web resources! Take a look . . . |
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