Member Referral Campaign
The referral program couldn’t be simpler. You send your family or friends to the credit union for their auto loan over $10,000 (new purchase or refinance). The program runs from now until December 31, 2018. The $100 will be deposited into each member’s account at the time of funding. The referring member is not required to have a loan. You cannot refer yourself. New or existing members referred must meet lending requirements for approval.
The strength and stability of a credit union comes from its members. The more members a credit union has, the more value it can provide to the membership as a whole – especially when the members do all or most of their banking with the cooperative that they collectively own. As a credit union grows, it can offer better services at more competitive rates and with fewer or lower fees. That’s the power of community support. To keep up in a crowded marketplace, credit unions need to grow. Corporate financial institutions do this by selling stock in their company. But they are less accountable to their customers and more accountable to investors and paid boards of directors who probably live far away from the institution’s community. The constant drive to appease shareholders often propels the bank’s leadership to make decisions that may be immediately advantageous, but highly detrimental for the long term.
Contrast this with credit unions, which are wholly owned by their members, who receive their shares of the revenue that is generated through better rates, lower fees, investments in technology and more. But a credit union needs to attract new members to continue the growth that makes all that possible. When the credit union grows, the whole community benefits from that growth as well. We’re always looking to offer more and better services to our members. We want to continue to be the financial institution of choice for the community. As a member, you know the benefits of doing business with ALLIANCE Credit Union.
Start spreading the word today.