Recently, the Credit Union sent out a Survey to all of the schools in Districts 124, 231 and Aero to find out what is on our members’ minds.  Here’s some of the information members had questions about:

• Boutique-Style Credit Union – We are a small credit union designed to handle a mix of basic savings accounts and consumer loan products such as vehicle and personal loans at competitive rates.  Other products such as checking accounts and debit/credit cards come with a high overhead which is not a good fit for our Credit Union at this time.  While this may be viewed as a negative, we believe that knowing our members personally and being able to help because of that relationship we have built, is a bigger advantage.
• Website – Our website is a great tool.  You will not only find our low loan rate sheet but also Membership Applications and Loan Applications for you to download.  While visiting our website, please check out the articles under both the Articles Tab and Money Matters Tab for helpful financial information.
• Financial Planning – Did you know that we have two Certified Credit Union Financial Counselors on staff to answer your financial questions?  Stop by or give us a call.  We are happy to help!
• Cleaning Up Credit Your Credit– First and foremost, be sure you are making payments on time, every time.  One late payment can set your score back quite a bit.  Another good bit of advice is to pull your credit (it’s free annually) to be sure that there is nothing on your credit report that does not belong to you.  If you find something questionable, you will need to contact the credit bureaus to dispute it.  A word of caution:  beware of the risk of debt-relief companies.  See our article on the Money Matters page for more details.
• Transfer Funds from Your Personal Bank to the Credit Union – Yes!  It is absolutely possible.  You will set up this transfer through your Bank using the Credit Union’s Routing Number which is 271984133 and your Member Number.  It’s that simple!
• Set Up Several Share Accounts (a/k/a Savings Accounts) – Did you know that members are able to set up several share accounts and have deposits go to each of them to save for things such as Vacation, Holidays, New Car or even that “Secret Savings” account just for you?  You may fund them through your payroll deposits or from your personal bank.  If you are interested in doing so, just give us a call and we will walk you through the details.
• Visa Gift Cards – We offer Visa Gift Cards.  No matter the amount you place on the gift card, the fee is a flat $3.00.  Can’t beat that!

Lastly, please reach out to the Credit Union for any other questions you may have.  We are open Monday through Friday from 8:00 a.m. until 4:00 p.m.  And remember, ONCE A MEMBER, ALWAYS A MEMBER…even if you leave the district.  We hope to hear from you soon.

STOP into the Credit Union BEFORE you visit the dealer!

A PREAPPROVED LOAN at the Credit Union will help you purchase a car that fits your lifestyle with payments that fit your pocketbook.  To improve your negotiation power and speed up the loan process, don’t forget to get preapproved before visiting the dealer.  And because of our LOW LOAN RATES on new and used vehicles, you will get more car for your money.

Applying for a vehicle loan is quick and easy at the Credit Union!  We aim to turn the loan around within a day so you can begin shopping immediately.

We only pull your credit report once!  Dealers tend to “shop you around” to lenders that they have a relationship with.  BUT…each lender they use will pull your credit which, in turn, could lower your credit score quite a bit!  If you decide to go to a dealer first, be sure that you tell them NOT to pull your credit; that you plan to go through your Credit Union for financing.

The Loan Application can be downloaded from our website along with a checklist of everything we need to begin processing your loan.

While you are at the Credit Union, our loan officers can steer you to car-buying information to help YOU – not the dealer – drive your best deal! With that kind of knowledge and our GREAT VEHICLE RATES, nothing can STOP you from driving the best deal around town!  You will have personalized, friendly service from start to finish.  Call us today!

REFINANCE Your Vehicle Loan With Us and SAVE!

•  COMPARE our loan rates with your current rate from other financial institutions
• Credit Union Interest Rates start at only 5.00% apy.
• Go to the Loan Rates Page on the website for details.
• No cost to you! We pay the $50.00 title transfer fee!
• Additional 0.25% off your qualifying Interest Rate with Payroll Deduction or ACH Debit

By refinancing an existing loan from another financial institution, you may be able to:

• Lower your monthly payment
• Shorten the terms of your loan; and
• Pay it off sooner!

PLEASE NOTE: Does not apply to current EPSFCU vehicle loans.

STUDENT LOANS:

Credit Union Partnered with Sallie Mae

Evergreen Park Schools Federal Credit Union has partnered with Sallie Mae to offer our members student loan products.  It’s an easy and flexible way to pay for college. 

Get the money you need to help make higher education happen with student loans from Evergreen Park Schools Federal Credit Union in partnership with Sallie Mae.

For those attending a degree-granting institution as an undergraduate or graduate student, these flexible loans are designed to meet your needs.

• Competitive variable and fixed interest rates
• Multiple repayment options
• No origination fees or no prepayment penalty.

Learn which loan is right for you. Go to the Loan Rates Page.

We also have guides to help you plan and navigate applying and paying for college responsibly.

The Stress-Free Guide on the Loan Rates Page will help to begin a plan for a student in their junior year of high school.

Visit the Credit Union’s site today at Sallie Mae Loans!

The Credit Corner…the Place for News You Can Use

This Month’s Featured Article Can Be Found Under the “ARTICLES” Tab Along the Top Toolbar

“FOUR RESOLUTION TIPS FOR 2024” 

Check out this article to keep the ball rolling with your New Year’s Resolutions regarding your money.

 After reading this article, you may want to check out our Monthly Budget Spreadsheet found in the Forms section on our Home Page to download. The spreadsheet will provide a good snapshot into where your money is spent and how to begin saving.

To continue reading about this topic along with other interesting Articles, visit BOTH the Articles Tab and Money Matters Tab along the top toolbar.

Additional Benefits

• Visa Gift Cards (Only $3 fee for members or $4 fee for non-members)
• Visa Gift Cards must be paid for with cash or from your Credit Union Account.