Thank you for helping us raise $11,289 on behalf of CU4Kids and Doernbecher Children's Hospital!
Credit unions are an integral part of communities, by giving back to help nurture their growth and resilience. One of the ways we give back to our community each year is with our CU4Kids Fundraiser. CU4Kids is a cooperative network of credit unions that support nonprofit children's hospitals across the country. In Portland, this money benefits OHSU Doernbecher Children's Hospital - the first full-service children's hospital in the Pacific Northwest!
Our goal was to raise $10,000, and thanks to the help of our members and employees we were able to exceed our goal and raise $11,289!
You can continue to make a difference for CU4Kids throughout the year by purchasing any CCCU apparel or "swag" items. 100% of the proceeds are donated to CU4Kids!
Using a HELOC for debt consolidation.
Access the equity in your home to consolidate debts, get a better interest rate, and lower your monthly payments.
Looking to save money and make significant progress towards paying off your bills and debts? Accessing the equity in your home could be the key to achieving your goal of becoming debt-free.
A Home Equity Line of Credit, also known as a HELOC, is a convenient and approved revolving credit line offered through your credit union. With a HELOC, you have the freedom to borrow or draw money as you need it, and pay it back over time through manageable monthly installments. A HELOC is similar to a line of credit or credit card, but offers a substantially lower interest rate, along with a credit limit that is determined by the equity in your home. By harnessing the power of a HELOC, you can consolidate and eliminate other debts, ultimately reducing your interest rate and getting closer to your goal of financial freedom.
In addition to debt consolidation, HELOCs can be used as emergency funds, to pay for home improvements, and for other large expenses such as boats and other recreational vehicles!
Pros of a HELOC:
Simplified finances – with just one payment a month
Predetermined payoff date - versus open-ended interest-driven balance
Lower monthly payment - by consolidating debt to a single payment
Lower interest rates – Homeowners get better loan rates when they borrow against the equity in their homes. Since the debt is secured with your property, HELOCs offer significantly lower interest rates than most credit cards.
Easy access to funds – Securing a HELOC now ensures access to funds should you need them later. The HELOC will be easily accessible via a check or debit card for your use for major purchases, home improvement, or in the event of an emergency.
No penalties – A HELOC lets you access your money when you need it without paying early withdrawal fees or penalties on accounts like your retirement or 401k accounts.
If consolidating your debt and lowering your monthly payment sound good to you, contact our consumer loans team at consumerloans@consolidatedccu.com, or call 503.797.7561.
Now offering 'tap' feature for debit cards
Simply call member services to request a new tap card!
Our goal is to continue to offer the latest banking technology to our members, to ensure you have the simplest and most secure experience possible. Discover the convenience of our new contactless chip card - with just a tap of your card against a reader, you can make payments effortlessly. Say goodbye to swiping or inserting your card and embrace the simplicity of tapping where you see the Contactless Symbol. It's the easiest way to pay!
To get a new contactless debit card, simply contact our member services team and your card will be on its way shortly. Call 800.444.8115 or 503.232.8070 (local), or e-mail mail@consolidatedccu.com.
It’s an excellent time to schedule a meeting with CCCU Wealth Management to map out your retirement plan. Get in-depth, personalized retirement projections and investment recommendations based on your goals.
Insurance products are offered through LPL or its licensed affiliates. Investment advice offered through CCCU Wealth Management Inc, a registered investment advisor and separate entity from LPL Financial. Consolidated Community Credit Union and CCCU Wealth Management are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using CCCU Wealth Management, and may also be employees of Consolidated Community Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Consolidated Community Credit Union or CCCU Wealth Management. Securities and insurance offered through LPL or its affiliates are: Not Insured by NCUA or Any Other Government Agency, Not Credit Union Guaranteed, Not Credit Union Deposits or Obligations, May Lose Value.
Upcoming holiday closures:
Indigenous Peoples' Day (Monday, October 9)
Veterans Day (Friday, November 10)
Thanksgiving Day (Thursday, November 23)
Thanksgiving Friday (Friday, November 24)
Christmas (Monday, December 25)
WE'RE SOCIAL, ARE YOU?
Don't miss out! Stay up to date on financial tips, life hacks, contests, branch events, and so much more!
Consolidated Community Credit Union | www.consolidatedccu.com | 800.444.8115
