Your money is safe at a credit union

I am sure you have all noticed the headlines, they all paint a very gloomy picture of what is going on with delinquent mortgage loans, depressed real estate markets, falling stock market and big banks either merging or needing bailout assistance.

 

Before you buy that Mason jar and start burying money in the backyard, check out your Credit Union. First Class American Credit Union is financially healthy, growing and eager to do business with you. Whether it is a mortgage loan, a business loan, new/used auto/boat/motorcycle or recreational vehicle, a low interest rate credit card, student loans or just about anything else to meet your borrowing needs or just a safe place to save your money, First Class American is ready to serve you!

 

You may be wondering how the Credit Union is able to make credit readily available when other institutions are tightening their borrowing standards, after all doesn’t the news, Internet, newspaper all declare we are in a recession? Here are the reasons why First Class American is ready to help our members:

 

r      First, we are truly a local institution. We were founded in October 1929. Our deposits come from our members, the vast majority of whom work and reside in Tarrant County. As a truly local institution we have enjoyed the benefits of a strong local economy. We are about serving the local community here.

r      Secondly, your Credit Union did not participate in subprime mortgage lending programs, nor did we invest in high risk securities in an attempt to bolster our profits. Additionally, because we did not participate in subprime mortgage lending, we are readily available to help those with a subprime mortgage, which qualify, with a conforming real estate loan to ease the financial burden a subprime mortgage can put on a family.

r      Finally, First Class American has kept a focus on helping members improve their personal finances through promoting thrift (savings) and reasonably priced credit (loans with low interest rates.) This was the reason the Credit Union was formed 79 years ago, to help members save and borrow at low cost interest rates and improve their personal wealth.

 

We are here to serve you. We continually look for ways to expand our products and improve our service. We are pleased to announce our newest checking and savings program, Pay it Forward. This account is a checking account, with a corresponding savings program. Each day, each check, debit card, ATM or ACH debit is rounded off to the nearest dollar and the “change” is rolled into a high yielding savings account. Your board of directors has declared an initial 10% interest rate on this savings account!

 

Additionally, our byline, “CU anywhere” can’t be more true. We have one location, with extended hours to serve you. We participate in an international network of credit unions with more than 3,000 locations where you can access your account. Recently, we added 25,000 more surcharge-free ATMs when we joined the CO-OP ATM network. We offer electronic access and automated services. Our Internet branch offers free bill pay. If you aren’t local, we can still provide you superior service, outstanding member service, and you can find us ANYWHERE!