May 2012

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Great Road Trips Begin With Great Auto Loans

There is no better time than now to hit the open road and get away for a while. For a limited time, Progressions Credit Union is offering auto loan rates as low as 2.24% APR*. Act now because before you know it, summer will be here and these rates will be long gone! 

Contact us today to begin your ultimate road trip. Other great loan offers can also be found on our rates page. Head over today to see how Progressions Credit Union can save you money. 

 

 *Rate effective 04/25/2012 and subject to change. Rate applies to 20ll-2012 model years with terms up to 84 months. Rate above includes a .50 discount for automatic payment from an active Progressions savings or checking. Rates as low as 2.79% APR /72 months for autos 3-10 years old. Other great rates and terms available. Rates vary depending on collateral, term and creditworthiness of the borrower. Existing Progressions loans do not qualify for these rates. Other restrictions may apply. Call for more details: 509-535-0191 or 1-800-828-8691.

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2012 IS THE YEAR TO GET OUT AND EXPLORE 

  Let 2012 be the year that you get out and discover the natural beauty of the Pacific Northwest. Whether it be hitting the open road in a RV, or cruising across the lake in a brand new boat, Progressions Credit Union is offering RV and Boat loan rates as low as 4.49% OAC*. So what are you waiting for? Get out there and explore.

 Contact us today to begin your journey.

*Disclosure 

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Bring Your Lunch And Join Us 

Come join financial consultant Jonna Damiano of LPL Financial as she presents a free “Lunch and Learn” Seminar on “Social Security, Medicare, and Your Retirement.”

When:  Friday, May 18th, 11:30 am – 12:30 pm 

Where: Progressions Credit Union, 2919 East Mission Ave. Spokane, WA 99202 

 Seating is limited. For more information or to RSVP, please contact: 

Investment Products are:
Not NCUA Insured / Not Credit Union Guaranteed / May Lose Value/ Not a Deposit / Not Insured by any Federal Government Agency.

Bring Your Lunch Upcoming Events

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2nd Harvest and NALC Hold Annual Food Drive May 12th  

 

Progressions Credit Union will be helping out with the National Association of Letter Carriers (NALC) Food Drive on May 12th. This national event is held annually on the second Saturday of May, and this will be the 19th running of the food drive.

Here are some interesting facts about the event:

  • Collects roughly 120 million pounds of food in one day
  • It is the #1 food drive in the entire nation
  • The food drive will sustain Spokane’s food banks until October
  • The significance of the date, May 12th, is that it is three weeks before (on average) students in Spokane get out of school. With roughly 60% of children in public schools on subsidized or free breakfast/lunch programs, the food drive helps put food on the table for these children whose parents would normally struggle during the following summer months.

 

If you would like to donate some of your time, come join this wonderful cause with Progressions Credit Union on May 12th at any of your local USPS locations. We will gladly accept any and all volunteers. We will also be accepting any non perishable food donations through May 14th at both our north and main branch locations.  Donations can be dropped off at the designated food drive barrels. Contact us for more information.  

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Credit Union Membership And Accounts At An All Time High

Although it’s always made sound financial sense, being a credit union member hasn’t always been “what the cool kids” were doing in the past.

 Credit unions were often misunderstood, leaving consumers wondering if they had to be part of a union or could only join if they worked for a certain company. Of course the other misunderstanding, which continues today, was one that credit unions didn’t have the same robust product, service and technology offerings as the big banks.

 If the term “slow and steady wins the race” could be applied to any situation, it certainly works in credit union world 2012. As fast and furious mega banks appear to be tanking by desperately adding more fees to prop up fat salaries, an increasing number of consumers are seeking solace at a local credit union.

 Following Bank Transfer Day and the subsequent news of increasing fee structures at big banks, it’s no surprise that the National Credit Union Administration (NCUA) reported that more than 1.3 million Americans opened an account at a credit union last year, considerably higher than the 600,000 who made the move in 2010.

 The latest numbers brings credit union membership to a record 91.8 million. Credit union advocates believe that these numbers are only going to rise as big banks try to court that 1%.

 Christianne Gribben, AVP/ Marketing at Clearview Federal Credit Union, says that consumers are starting to focus on their bank statements only to find they are being charged fees for transactions that should be free. “There has been an increased amount of consumer education and awareness due to some of the new bank fees that received less than favorable media coverage,” she explains. “That has prompted some consumers to start to pay more attention to their bank statements and ask questions about how they can avoid paying fees. In many cases, consumers have realized that they can avoid unnecessary fees by switching their accounts to a credit union.”

 In fact people are so fed up the Consumer Financial Protection Bureau has created a complaint board for consumers who are overwhelmed and feel taken advantage of by big bank practices.

 ”Deposit accounts play a critical role in the lives of most Americans, but these products and the laws governing them are complicated,” said the bureau’s director, Richard Cordray. “Consumers need someone on their side to keep banks and credit unions accountable — that is our job at the consumer bureau.”

 If you know anyone who is tired of bank fees and feeling like their voice is not being heard, send them our way.  At Progressions Credit Union, we treat all members as our number one priority and no question is too small. Have them contact us today to learn more about the benefits of becoming a member and how to join.

By Gina Ragusa

Freelance Writer.

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2012 Holiday Closures

Occasion

Memorial Day  -  Monday, May 28th

Independence Day  -  Wednesday, July 4th

Labor Day  -  Monday, September 3rd

Columbus Day  -   Monday, October 8th

Veterans Day  -  Monday, November 12th

Thanksgiving Day  -  Thursday, November 22nd

Christmas Eve (Noon)  -  Monday, December 24th

Christmas Day  -  Tuesday, December 25th