Put Your Debt on a Diet
With Our Low-Rate Loans!

Now that the holidays are done and another year is behind you, it’s time to look ahead and take steps to make sure the New Year is even better than the last. What are you going to do to make this year an extra special one? Ready to buy that new car? Or, finally ready to get going on those long awaited home improvement projects? Maybe you’re planning a wedding or another big event this year, and you want to make sure that you can make memories that will last a lifetime.

Whatever 2012 has in store for you, here at Community Powered Federal Credit Union, we have what it takes to help you start the New Year off right! Don’t rely on those high-rate credit cards – keep your resolution to save money this year, and get a low-rate loan from CPFCU!

We’re now offering rates as low as 3.45% APR* for a new car loan, or 3.75% APR* for a preowned vehicle loan. With our home equity loans at only 4.49% APR*, it’s easier than ever for you to keep your budget slim and trim.

So whether you’re looking to buy a new or used auto, or tap into the value of your home with a home equity loan, Community Powered can help you start the year off right!

Stop by or call a Community Powered Federal Credit Union office today for more information, and see just how much you stand to gain!

HOW SAFE IS YOUR CREDIT UNION

The short answer to this question is: Very Safe. The safety of credit unions is based on three specific factors, its structure, business practices and the insured status of members’ savings.

• Structure
  • The declines in the stock market have no direct effect on Community Powered Federal Credit Union. By law, credit unions are not allowed to invest in the stock market or other speculative type investments.  Members’ savings are mainly reinvested in loans to fellow members and debt obligations backed by the U.S. government.
• Business Practices
  • Community Powered FCU is known for prudent loan underwriting.  From 2005 to the present we have issued $89.5 million in loans.  During the same period we have charged $1.55 million (1.73%) in uncollectible loans against reserves.  Community Powered FCU currently has $13.7 million in capital/reserves and is rated “well capitalized” by the National Credit Union Administration. With capital at this level (12.9%) Community Powered FCU is uniquely poised to withstand the pressures of the current economic downturn.
• Your Insured Funds
  • Accounts at Community Powered Federal Credit Union, like all federal credit unions, are insured by the National Credit Union Share Insurance Fund.  Regular accounts are insured up to $250,000.00 and IRA accounts up to $250,000.00.  Not one penny of insured savings has ever been lost by a member of a federally insured credit union.

In this current environment of economic uncertainty, there is one thing you can be sure of.  Community Powered Federal Credit Union continues to be one of the safest places to place your life savings.  We are also poised to help you, doing business as usual in these turbulent times.