Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU's One-day Discount Brings In $1.3M In Loans
MILWAUKIE, Ore. (7/19/13)--A one-day, 1% discount promotion helped Clackamas FCU, Milwaukie, Ore., attract $1.3 million in consumer loans June 21.
 
A typical Friday would bring in about $90,000 in originated, secured consumer loans balances, the $250 million asset credit union said.
 
"To see this success for our members is extremely rewarding," said Andrew Vahrenkamp, Clackamas FCU chief financial officer. "This promotion is mutually beneficial to our members and the local communities--enabling us to give back a significant amount of money to the areas we serve."
 
The discount was available for any vehicle or secured consumer loan of $10,000 or more.
 
The summer traditionally brings families added expenses such as vacation costs and recreational fees, Vahrenkamp said. Clackamas created the special one-day offer to help members save money, he added.
RSS print
News Now LiveWire
The Hill reports House Republicans plan to delay Aug. recess to stay in D.C. until they have enough votes to pass bill on border crisis.
19 hours ago
The FHLBs of Des Moines and Seattle announce they have entered into an exclusivity arrangement regarding potential merger of the 2 entities.
19 hours ago
SunCorp and @AlloyaCorp have announced their intent to merge.
22 hours ago
.@TheNCUA bars former employee of Southwest Communities FCU,Melissa Rosing,from work at any federally insured FI. http://t.co/owtVnPxVZT
22 hours ago
Fryzel added @TheNCUA is fed. governmt, thereby will B criticized, but always tried 2 do what is right. McWatters still 2 B sworn in.2of2
1 Day ago