$ We’re So Happy MONEY

Spring, 2014
We’re So Happy
$
To Be Able To Save You MONEY
On Your Current
Vehicle Loan
When it comes to new vehicle
financing or current loan refinancing,
Savannah Federal Credit Union has
what it takes to make you happy.
Take a moment to review the two
examples of auto loan savings to see
how we can help you save money.
Saving money makes everyone
happy! Contact your credit union
representative today for more information.
Bringing your auto loan to the credit union and
save 1% off your current auto loan rate (subject
to approval and floor rates).
Think saving 1% off your current loan won’t
amount to much? Take a look below to see what
this 1% savings can mean:
3.5% APR* for 60 months on $20K loan,
payment $363.90, total interest $1833.44
4.5% APR*for 60 months on $20K loan,
payment $372.94, total interest $2376.07
Your Savings? $517.63 -$25.00 fee =
$492.63
We’ll Happily Buy Your Lunch!
Doesn’t the thought of a free lunch make you happy? When you participate
in our “Refer a Co-Worker” program, you can enjoy lunch on us! Refer any coworker to the credit union and when they join, you’ll earn $10. Bring them to
the credit union anytime to introduce them around, and we’ll get them set up
a s new member. Remember, we still have “Free Checking” and great personal
service--two things that you just don’t see in these days and times. You know
how great the benefits of credit union membership are! Share them with your
co-workers and have lunch on us!
On Your New Car
Purchase
We are currently offering a special 1.88% annual percentage rate for 2013 and 2014 model
autos for qualified buyers.
What does that mean for you?
1.88% APR* for 60 months on $20K loan
Your Payment? $349.54
Additional savings may be created due to reductions in value added products, or other qualifying
meaures that may create a lower interest rate.
For complete details, contact the credit union.
*Annual Percentage Rate
Car Shopping Made Easier
Before buying a new car, here are the top things you need to consider.
1. Are you getting the right
vehicle for you?
It may seem like an obvious consideration, but thinking about
what you exactly want in a new
car before you go shopping will
help you make the right decision
.
2. Should you sell or trade your current vehicle?
Your current vehicle may be an important factor in your new car budget.
Will you trade it in or sell it outright? Either way, determining the value of
your car is just the right website or local newspaper away. There will be a
sizable difference in what you get for your vehicle if you trade versus selling
it, but it may take longer to receive the proceeds.
3. Should you buy a new or new to you vehicle?
You may buy a used car with confidence because cars are built much better
now than they were in the past. These used or certified used car are available at a great deal. On the other hand, cost breaks and rebates could make
new vehicles a better choice.
CALENDAR
The credit union will be closed the
following dates during the
second quarter, 2014:
Memorial Day
Monday, May 26, 2014
Independence Day
Friday, July 4, 2014
and other designated Federal
Holidays. In case of emergency closings,
visit our website home page, www.savannahfederal.org, for details and dates and
times of reopenings or additional closings.
Our Financials
Unaudited Balance Sheet,
as of February 28, 2014
Total Assets
$19,862,501
Total Shares
$16,137,938
Total Loans
$7,581,372
Total Members
1,798
4. Can you set a target price?
The internet had become a great tool for helping car shoppers determine
what the dealer’s cost is for the vehicle and its options. That helps shoppers
go into a dealership knowing what the best price is for the vehicle they
want to buy.
5. Do you have financing lined-up for your vehicle purchase?
Check with your credit union if you plan to buy with a loan. Being pre-approved for your loan will give you added confidence when negotiating your
best price on the vehicle you’d like to buy.
6. Have you thought about using an auto buying service?
If you dislike the price haggling process, consider using an auto buying service. Check our website, www.savannahfederal.org, to find three different
auto-buying service providers.
Your credit union is ready to help you in every aspect of your car
buying decision. We are just a phone call or mouse click away. We
look forward to helping you with you new vehicle purchase.
Information from money.cnn.com/magazines/moneymag/money101/lesson17/
Savannah Federal
Credit Union
124 Barnard Street,
Room B110
Savannah, GA 31401
Mailing Address:
P.O. Box 8122
Savannah, GA 31412-8122
(912) 234-8978
(912) 234-5023 fax
www.savannahfederal.org
Credit Union Staff
Jane Evans, Manager (NMLS Id-806681)
Juanita Mustipher, Head Teller
Melissa Hodges, Senior MSR
Lakeisha Mincey, MSR
Pamela Hope,
Administrative Assistant