Have you ever thought about refinancing your auto loan? 36% of Americans never bothered to negotiate their rate. But Cornerstone Financial Credit Union has you covered in this edition of the Financial Fitness Zone!
William Frye, Vice President of Marketing for Cornerstone Financial Credit Union explains that at a credit union, you’re actually a member/owner, not just a customer. That means that you have input over the leadership and direction of the credit union. Plus, you can get lower rates on loans and higher rates on deposits because when the credit union makes a profit, it’s funneled back into the system for its member/owners. That’s why you can save up to 2% on your auto loans!
One of the myths about credit unions is that they aren’t convenient – but with today’s technology, anything you want to accomplish can be done on a mobile phone, tablet, or computer!
For more information on Cornerstone Financial Credit Union, visit BankCFCU.org or one of their 6 Middle Tennessee locations!
