Fall 2001 Newsletter
Look at Our Best Car Loan Rates and Terms
Plus pay off your car, truck or recreational vehicle at
another institution with a 6.4% APR North Penn FCU loan.
When you purchased your last auto, why didn't you finance
it with your Credit Union? We want
to buy back the car loan that you make with another financial institution!
To do this, we are prepared
to make you an exceptional offer at unbelievably low interest rates.
However, you must act now
because this offer may end before November 15th.
If you purchased a 2002, 2001, or 2,000 model year car, we will refinance
your loan for the
number of months remaining at rates beginning as low as 6.4% APR*.
We want you to use North Penn FCU for all of your loan needs. We derive
our highest income
from loans to members so that we can continue to pay higher dividend
rates on savings than other
financial institutions can. Don't forget, you are an owner of the Credit
If you are presently looking to purchase a new or used vehicle, be sure
to call the Credit Union
office to get the lowest rate available. Invest the interest money you
save in a North Penn FCU
share account where your money still earns some of the highest dividends
*Annual percentage Rates. Other terms and rates apply.
Catch Our Spirit
on International Credit Union Day
For 53 years, credit unions have set aside the third Thursday in
October to celebrate International
Credit Union Day. Each year, it gives us an opportunity to remember
our proud history as we
promote understanding and support for the credit union difference.
Member service is the foundation of the credit union movement. Whether
a credit union is
providing a loan to help a member cover unexpected medical bills,
giving financial counseling to
a member whose company closed its doors or simply offering a better
deal on a used car loan, the
credit union is making a difference for its members and the community
as a whole.
In the 2000 American Banker/Gallup Consumer Survey, credit unions
ranked #1 again in
consumer satisfaction for 16 straight years. The survey gave credit
unions higher ratings than banks
and other financial institutions on trustworthiness. This poll found
more people who use credit
unions as their primary financial institution say the quality of their
service is improving compared
to those who use banks.
This International Credit Union Day, let us take the opportunity to
thank you for joining us.
Please don't hesitate to tell us how we're doing, and how we can provide
even better service in the
Help us celebrate International Credit Union Day, October 18th.
We look forward to seeing you!
Time to Open Your Christmas Clubs
new Christmas Clubs for 2002 will begin October 22, 2001. If you had
a Christmas Club last year, you will automatically be enrolled for the
same amount in 2002 unless you notify us to make a change.
Anyone who wishes to start a Christmas Club should send a slip indicating
the amount you want deducted weekly from payroll. If you do not have
payroll deduction, simply deposit what you want, when you want, to your
account and it will be there for Christmas shopping in 2002.
Credit Union Supervisory Committee is conducting its annual audit and account
verification. Please compare the enclosed statement with your own records
as of September 30, 2001. If you note any discrepancy, please write to our
P.O. Box 1313
Blue Bell, PA 19422
Please include a description of the discrepancy along with your account
number, and refer to North Penn Federal Credit Union in your reply.
If you DO NOT note any discrepancy, no response is necessary.
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