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June 26, 2009
VANCOUVER, Wash. -- Three lucky borrowers will win loan payments for a year from Columbia Credit Union in Southwest Washington. The three grand prizes cover 12 months of mortgage payments, home equity payments or auto loan payments.
The Payment Free Promotion comes at a perfect time for consumers. Wednesday, June 24, the Federal Reserve announced it is keeping a near-zero interest rate, which should keep loan rates affordably low. Borrowers who haven’t yet refinanced or those who plan to make a big purchase can take advantage of these low loan rates while also benefiting from Columbia’s low-fees.
To enter to win, borrowers must take out a mortgage, home equity or auto loan from Columbia Credit Union between now and Nov. 30 and set up payments from a Columbia checking.
“Our prizes could change the winners’ lives. Imagine … sending children to college or funding retirement investments.” said Colleen Boccia, SVP of Marketing. “We’re looking forward to the increase in loan applications. Columbia has money to lend, and at today’s low rates, really, everyone’s a winner!”
It’s easy to borrow from the credit union. Anyone who lives or works in Washington is eligible for membership. And individuals can apply for loans online, as well as at any of Columbia’s 12 Clark County branches.
Columbia Credit Union is a top lender in Clark County, and it was voted as the 2009 Best Financial Institution by The Columbian newspaper readers.
“We’re local, but we’re also diverse” said Jim Brekke, Chief Credit Officer. “When borrowers refinance or take out a new loan with Columbia, they’ll not only experience the top-rate service that makes us a Clark County favorite, but they’ll be able to choose from a wide variety of loan options that fit their personal needs.”
For more information and official rules, visit Columbia’s promotional microsite at WinLoanPayments.com.
About Columbia Credit Union: Established in 1952, Columbia Credit Union has more than $770 million in assets and 12 Clark County, WA locations. Columbia serves nearly 64,000 members and garnered an industry benchmark member satisfaction rating of 96 percent. Columbia ranks as a top local Clark County auto, mortgage and home equity lender. Committed to sustainability, Columbia is home to Washington State’s first financial institution branches built to LEED 2.2 Gold certification levels set by the U.S. Green Building Council. Individuals and businesses in Washington State are eligible for membership. For more information, visit www.columbiacu.org.
CONTACT:
Michelle Thor-Columbia Credit Union
Phone: (360) 619-3052
Fax: (360) 619-3203
Email: michellet@columbiacu.org
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