This Thanksgiving, Give Thanks for your Credit Union
We often take life’s many gifts for granted by failing to appreciate them deeply enough. Thanksgiving offers the perfect opportunity to reflect upon everything that is wonderful in our lives and to show our gratitude for each and every gift we’ve been given.
Let’s review 10 reasons to be grateful you belong to Freedom First.
1. Superior member service
At Freedom First, you’re always greeted with happy faces and representatives who are ready and willing to help you. There’s no cold, sterile atmosphere here! Instead, at Freedom First, every member is part of the family. We’re truly invested in your financial wellness and we’re here to help you achieve and maintain it, every step of the way.
2. You have access to better savings rates
We’re not paying dividends to stockholders, and that means we have more savings to pass back to you. At Freedom First, we’re proud to offer you great share certificate, money market, and savings rates and specials.
3. We work with you to help qualify for credit
The absence of a national bank corporate office enables us to be more flexible about offering lines of credit. We don’t have to abide by overly strict credit qualifications—and neither do you! That makes it easier for you to open a new line of credit, even if your existing credit isn’t perfect. We also provide financial coaching and products designed to repair credit, and many of these Impact Banking products and services use alternative credit to help credit-challenged members qualify for loans at lower interest rates.
4. We offer lower interest rates
Need a stash of cash? Stop by Freedom First and take your pick of personal loans, home loans, auto loans and more, all with reasonable interest rates that are often lower than the regional or national average. We’ll help you get the funds you need with a payback plan you can actually afford!
5. Your money is safe here
Federally insured credit unions and banks both offer insurance on accounts of up $250,000. But credit unions are also subject to strict regulations on their investments and loans. This means you can keep your money here without worrying about its security.
6. Checking accounts that pay you
Our checking accounts exist to provide you with a safe, convenient place to store your money—not to milk you for it. Checking accounts at Freedom First are designed to earn you money without a minimum balance requirement.
Conversely, according to a MoneyRates survey, the average monthly maintenance fee for a checking account at a bank is $12. That’s nearly $150 coming out of consumers’ pockets each year!
At Freedom First, you’ll have a safe place to keep your money — and if you meet the account requirements, you don't have to worry about monthly maintenance fees at all!
7. You own a piece of your credit union
Credit unions are member-owned and member-operated. You get to weigh in on our major decisions instead of being forced to follow along with whatever the higher-ups decide. Your money = your choices.
8. We support small businesses
Credit unions are invested in the success of local small businesses. Here at Freedom First, we’re happy to offer small business loans to qualifying members at reasonable rates. We also offer business checking and business savings so you can run the financial side of your business with local support.
9. Fewer fees
Banks are notorious for slapping consumers with fees at any given opportunity. From steep overdraft fees to costly ATM fees, there’s another bill to pay at every turn!
Here at Freedom First, we want to help you keep as much of your money as possible. Any fees we do have are nominal and generally lower than what banks demand.
We also want you to have access to your money without worrying about expensive ATM fees. To that end, we provide our members with a large network of surcharge-free ATMs, and our Freedom CashTM and Freedom StashTM checking accounts allow for nationwide ATM fee refunds each month if you meet the account requirements.
10. You have access to a variety of financial services
At Freedom First, we’re a lot more than just a gigantic piggy bank. We provide members with an array of financial services to meet every money-related need at every life stage. These include: Credit Cards with low or no annual fees and low interest rates, Direct Deposit, Financial Education and Coaching Services, Investment Services, Youth Accounts, Holiday/Vacation Clubs, Personal Loans, Vehicle Loans, Home Loans and Lines of Credit, Online Banking, Impact Banking, and more!
As a member of a credit union, your money is always in good hands. Aren’t you thankful you belong to Freedom First?