Las tasas sobre hipotecas todavía son muy buenas

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¡Las tasas hipotecarias están subiendo! ¡Y se nos cae el cielo! Ciertos titulares recientes en las noticias nos hacen creer que las tasas de interés están aumentando y la bonanza ha terminado. Mantengamos la perspectiva—las tasas de interés todavía son excelentes y deben mantenerse de esa forma por muchos meses. El Wall Street Journal es de la opinión que aunque las tasas estén al 5%, las viviendas todavía son asequibles con base a medidas históricas. A principio de los 80s los consumidores pagaban hasta el 18% de interés al comprar una casa—algo que no se puede ni imaginar hoy día. Hay tres clases de consumidores que están prestando atención a la actividad de las tasas: vendedores de casas, compradores de casas y aquellos que quieren refinanciar la hipoteca existente. Hay buenas noticias para todos ellos a pesar de las subidas en las tasas. Los vendedores temen la estampida de los … …continue

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It’s Been Smooth Sailing

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When you buy your first home, you’re likely experiencing a mixture of emotions. The excitement you feel as you picture what your life would look like in the homes you tour mixes with the concern that you choose just the right one. After all, you’re probably making the biggest purchase of your life so far! Member Kelsey E. and her husband recently purchased their first home after applying online for a mortgage pre-approval with Consumers. She says, “It was agonizing going up against three other buyers, but our offer won!” Kelsey’s convinced that having the pre-approval in hand when presenting their offer played a role in the sellers’ decision. Kelsey also appreciated the personal attention they received throughout the mortgage application process. “Brad emailed me all the time to make sure everything was good. It was reassuring and comforting.” “It’s been smooth sailing,” she adds. “We’re in our new house. … …continue

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Your Financial To-Dos

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Consumers Credit Union wants you to find financial success—without the stress. That’s why we’re bringing you our monthly list of financial to-dos. Just complete these tasks to stay on top of your finances all year long. April: File your taxes (if you haven’t already). Don’t forget that Consumers members can take advantage of a discount on TurboTax federal products! Visit ConsumersCU.org/MemberBenefits/Discounts. May: Plan your home maintenance and repairs. If you need to replace your roof, have been meaning to improve your home’s energy efficiency, or want to add a deck for summer fun, now’s the time to explore your financing options and set your budget. June: Time for a summer getaway! If you haven’t already made your vacation plans, keep an eye out for last minute deals—and make sure your car is in shape for your road trip! Follow us on Facebook and Twitter for reminders and encouragement to complete … …continue

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Cruise for a Bargain

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Cruise prices dropped during the recession, but have since been edging back up. If you didn’t jump on board with cruise line rock bottom prices, you still can find a good deal by comparison shopping. There’s great variation in pricing, so you have to do some research to get the best deal, and to find the cruise that’s right for you. You can research cruise options at sites such as Cruisemates.com or AllThingsCruise.com. Mainstream cruise lines that have very large ships that carry thousands of passengers are the least expensive. If you’re a first-time cruiser, you may want to try one of these. You also can find deals on upscale cruise lines. These usually come in the form of incentives like free airfare and shore excursions, complimentary liquor, or cabin credits to use for onboard services. Your cruise fare covers food, accommodations, entertainment, and port of call destinations. Once you’re … …continue

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Consumers Credit Union Named to “101 Best and Brightest Companies to Work For”

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Consumers Credit Union is proud to once again receive the honor of being named one of “West Michigan’s 101 Best and Brightest Companies to Work For” by the Michigan Business and Professional Association (MBPA). In 2013, the credit union was recognized with both the regional and the national “101 Best and Brightest” awards. This year’s honorees represent many industries as diverse as automotive, insurance, hospitality, communications, and nonprofit. All will be honored on Thursday, May 8 at the MBPA’s annual symposium and awards program. “The selection, recognition and awarding of this year’s Best and Brightest companies allows our organization to showcase their best practices. The honorees have clearly demonstrated why each of them would be an ideal place for employees to work,” says Jennifer Kluge, MBPA President. “The companies that we are recognizing this year are an example of exceptional human resource practices and represent high standards in today’s economic … …continue

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Slappy Breaks Leg, Will Never Skate Again; K-Wings Refuse to Play Without Mascot

Slappy, just after the attack

In a press conference early this morning, Mike Modugno, Director of Public Relations and Broadcaster for the Kalamazoo Wings in the ECHL, announced that tragedy hit the K-Wings: Slappy, Most Valuable Bird for the past five seasons, broke his leg and will be out for the remainder of the season and likely the postseason, as well. Slappy’s broken leg was the result of an attack by an opposing team. K-Wings Trainer Scott Allison recommended that Slappy quit skating altogether. Upon learning the tragic news, Head Coach Nick Bootland met with the team for about three hours, and they have decided not to continue on with the season. The K-Wings season ends immediately. “You know, I thought about it a lot. If Slappy can’t play, I’m not playing. No way,” said Jordan Binnington. Captain Elgin Reid released the following statement: “Coach, I’m not going out if Slappy’s hurt.” “I know rumors … …continue

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Welcome, New Team Members!

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We are pleased to welcome seven new employees to our Consumers family! This morning they kicked off their New Hire Celebration, an intensive week-long training with our certified trainers and experts on our team. The group began the day by meeting with our executive team to learn our mission, vision, and goals, which center around TEAM success. The group will spend time meeting the staff in their new offices and learning and role-playing their new skills. They look forward to serving you! Employees joining into management roles include: Carmen Villahermosa de Cox – Grand Rapids Office Manager Skylet Cummings – Grand Rapids Office Manager Both Carmen and Skylet come to us with several years of banking management experience. They both most recently worked with Flagstar Bank in Grand Rapids. They will get to know our members and train in our current offices until our new locations in Grand Rapids open … …continue

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In Case You Missed It: A Recap of Our Ask Tim Anything ConnectU Facebook Chat on Loans

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As part of our Consumers ConnectU financial education series, Tim Kosak, our Consumer Lending Manager, will be hosting monthly “Ask Tim Anything” chats on our Facebook page. In March, he took your questions on loans. In case you missed it, here’s the play by play. Q. How do I know I am getting the right type of loan? A. Some loans have obvious benefits over others. For instance, a home equity loan is different than a car loan—but should you use a home equity line of credit to purchase a vehicle? We partner with our members to make sure their long term plans match the products they are applying for. For example, we’ve seen folks get trapped in interest-only home equity lines of credit because they were lured by the low payment and low interest and the debt outlived the purpose of the loan. In this case, a vehicle purchase. … …continue

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Keep Your Budget in Mind When Planning a Vacation

Water Park

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. Vacations don’t have to be expensive to be memorable and fun. Here are some suggestions to plan a successful vacation. Create a vacation budget Decide how much money you can afford to spend on a summer vacation. Start by updating your monthly budget. Review your income, expenses, and debt obligations and be sure to set aside money for emergencies. Then decide how much you can direct towards a summer vacation. Add up the total estimated costs of your trip in advance, before making final plans. Then, put away money each month into a savings account. Involve your family Once you’ve determined how much money you can afford for a vacation, decide how best to spend it. Include your family members to decide on where … …continue

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Get Started with Online Bill Pay

Online Bill Pay

Consumers Credit Union makes it easy and convenient to do your banking from anywhere you have Internet access, 24 hours a day. With free online Bill Pay, you can make payments to virtually anyone, anytime (business accounts receive up to five bill payments per month for free). Imagine paying all your bills without having to write a check or buy stamps! Watch the video below to get started. Looking for more tips like these? Visit our YouTube channel for educational videos, how-to tutorials, member success stories, and more!

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