Category Archives: Car

Need a New Toy? Save Money Just for Being a Consumers Member!

Todd G. and his hog, joined 2011

When you choose to finance your new car, truck, RV, motorcycle, or snowmobile with Consumers, you know you’re saving money with our low rates and saving time by working with the experts you know and trust. Save even more with preferred pricing on most new GM vehicles, available to all current and eligible credit union members. These savings are in addition to the most current incentives and special offers! GM’s high-fuel efficiency vehicles can save you even more. Start saving today. Visit LoveMyCreditUnion.org to see how much you can save and request your GM Authorization Number. To learn more about vehicle loan options through Consumers, visit us online at ConsumersCU.org/Loans/Vehicle or call us at 800.991.2221. Watch the video below to hear from members who love Consumers—and their toys! And don’t forget to share your #MyCUToyStory in our Instagram contest!

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PLAY with Extra Cash This Summer!

PLAY with Extra Cash

Keep your cash for summer fun in the sun! Members with qualifying loans can skip one monthly loan payment per loan in June, July, or August. Use the cash to get caught up with bills or fund your summer vacation! To initiate your skip, log into Online Banking and select “Skip a Loan Payment” under the “Accounts” tab or give us a call at 800.991.2221. If your loan is scheduled for automatic payments, please submit your skip request at least 7 days prior to the payment date. Skips will be processed approximately two weeks prior to your payment due date. For payments of less than $500, the fee to skip a payment is $35; for payments of $500 or greater, the fee is $50. *Deferment of payment will extend the life of the loan and may cause an increase in the final payment amount. Offer only available on CONSUMER vehicle … …continue

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Me and My Car—New or Used? Lease or Buy?

Car Shopping

The information in this post is provided by our partner Accel Financial Counseling. Accel’s counseling services and educational programs are available free to all Consumers members. Buying a car can be one of the most exciting decisions you will ever make and one of the most confusing. How do you decide whether to buy a new or used car or whether you should purchase or lease it? Consider the advantages and disadvantages of each option to decide what is best for you. Should I Buy New or Used? Some people buy used cars all of their lives and others prefer to buy new. It’s an individual choice based upon many factors. Below are some of the pros and cons of buying a new or buying a used car. New Car Used Car Advantages You get the year, make, model, color and features you want   You will have less concern … …continue

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I Got My First Car Loan—I’ve Been a Member Ever Since!

Jillian G., joined 1991

Member Jillian G. says she and her kids are “a Consumers family.” “My first account was when I was 7,” she explains. “Then right out of high school, I got my first car loan ever. I’ve been a member ever since.” While Jillian was initially drawn to Consumers for our auto loans, she stayed for the relationships she built with our staff. She says, “They’re looking out for me. It’s genuine, and it’s refreshing—like having a conversation with a friend.” “With the intimate feel of an established relationship, you also get all the benefits of a bigger bank,” she adds. Jillian relies on Online Banking and text alerts to keep up with her accounts and is teaching her children how to manage their money as well. At 19 and 10, her children have completely different financial needs at the moment, but Consumers offers options for each of them. “My son … …continue

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Need a New Car? Save Money Just for Being a Consumers Member

Silver car

When you choose to finance your new car with Consumers, you know you’re saving money with our low rates and saving time by working with the experts you know and trust. Get additional savings with preferred pricing on most new GM vehicles, available to all current and eligible credit union members. These savings are in addition to the most current incentives and special offers! GM’s high-fuel efficiency vehicles can save you even more. Start saving today. Visit LoveMyCreditUnion.org to see how much you can save and request your GM Authorization Number. To learn more about auto loan options through Consumers, visit us at ConsumersCU.org/Loans/Vehicle or call us at 800.991.2221.  

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Putting More Dollars in Your Gas Tank? Avoid Unnecessary Debit Card Holds

Gas Pump

With gas prices close to—and on some days over—$4 per gallon, are you driving differently to save money? When you’re already putting more dollars in your gas tank, the last thing you want to have happen is an unexpected hold on your checking account from using your debit card at the pump. Why would this happen, you ask? Since the gas station doesn’t know how much gas you’re going to buy when you prepay at the pump, they want to make sure you can afford to fill up—so they authorize holds of $50, $75, even $100. The trouble is that these holds don’t fall off immediately. If you only purchased $15 to top off your tank, that extra $35-$85 remains unavailable until the station processes the transaction and the hold falls off, which doesn’t happen immediately. If you didn’t know about the holds at the time and were cutting it … …continue

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Great Rates and Local Flair

Angie M. & Family, joined 2011

Member Angie M. joined Consumers because of our auto loan rates and the ease of getting her new car loan approved. But that’s not the only reason she and her family have chosen to do their banking here. She says, “They have the same amenities that a larger bank might have, but it’s that personal touch and local flair that makes it an appealing option.” Angie describes her car buying experience: “We were in the market for a car, and a friend of ours who works at Consumers recommended we look at those interest rates. I think it was within a day and a half that we had a check and an approval and were ready to buy the car.” Angie, her husband, Aaron, and their two young daughters also love Consumers’ family-friendly service. There’s always a play area for the kids when they visit an office, and it’s fun … …continue

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How to Pay for Car Repairs: The Fourth Video in Consumers ConnectU’s May Auto Series

Tim - rebrand

If you’ve been following our Consumers ConnectU May auto series from the beginning, you’ve learned how to buy a car, how to decide how much you can afford, and whether leasing or buying is a better decision for you. Unfortunately, you’re not done spending your money when you buy the car. How will you pay for maintenance and repairs? “You have several options for paying for repairs,” says Tim Kosak, Consumer Lending Manager at Consumers Credit Union. To learn what they are, watch the video below.

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Should I Lease or Buy My Next Car: The Third Video in Consumers ConnectU’s May Auto Series

Tim - rebrand

When you’re looking for a new vehicle, you want to evaluate all of your options. You may wonder whether buying or leasing is better for your situation. “Both can have their benefits and pitfalls,” says Tim Kosak, Consumer Lending Manager at Consumers Credit Union. Watch the video below, the third in the Consumers ConnectU May auto series to learn how to determine which option is better for you. And if you decide to buy, don’t forget these car buying basics and review how to decide how much you can afford.

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How Much Car Can I Afford: The Second Video in Consumers ConnectU’s May Auto Series

Tim - rebrand

When you’re ready to buy a car and think you’ve found the one for you, how do you know you can afford it? “Don’t forget to include the costs of insurance, gas, and repairs in your calculations. Some cars simply cost more to own,” says Tim Kosak, Consumer Lending Manager at Consumers Credit Union. Watch the video below, the second in the Consumers ConnectU May auto series to learn how to determine how much the car you want will really cost.

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