"The ONE to Ask: Lending" presented by Credit Union ONE

Ferndale, Michigan – When individuals have questions on financial topics they need someone to ask. This is where Credit Union ONE comes in.

In response to what their members were asking for, last year Credit Union ONE launched The ONE to Ask, a Facebook online chat for members to post questions and get them answered by subject experts during a one-hour live session. As the series has continued to grow and Credit Union ONE is seeing a larger fan base, they have expanded their “live sessions” to two hours in order to accommodate the number of questions received.

In 2012, they are continuing with this program, as indicators are showing the event to be gaining popularity with the next session tentatively planned for sometime in the spring.

Just this week, the third event of The ONE to Ask was hosted by Darlene Stuart, Vice President of Lending Operations for Credit Union ONE, and Laura Hoag, Director of Real Estate Lending for Credit Union ONE. Stuart and Hoag shared notes on a variety of lending and mortgage topics with fans of the page, from how to improve your credit score, to some of the best options for debt consolidation and mortgage refinancing.

According to Stuart and Hoag, both appreciated the opportunity to speak with the members online and to give them assistance with some of the things they might be experiencing. Whether members have a situation that they need help with, or are just looking for general information Credit Union ONE is happy to share some tips and direction for their particular need.

Credit Union ONE, headquartered in Ferndale Michigan for over seventy years, offers a wide array of financial services and access to over 28,000 ATM’s nationwide, serving 106,000 members, with eighteen offices in three major metropolitan areas, including Metro Detroit, Grand Rapids and Traverse City. For more information go to http://www.cuone.org/ or "like us" on Facebook

Contact Judi Desilets, Director of Public Relations for Credit Union ONE, 248-584-5224, Judi_Desilets@cuone.org

Getting a Mortgage Loan is a SNAPP

Ferndale, Michigan – Credit Union ONE, in partnership with Member First Mortgage is now offering credit union members a guaranteed mortgage loan approval within nineteen business days!! 

SNAPP (Secure Nineteen-Day Accelerated Purchase Program) gives members who apply for a mortgage to purchase their home, the ability to have all their documents ready when they apply. Once they provide the necessary documentation, they are guaranteed that their loan will be approved to close within nineteen business days or they will receive $150 off their closing costs.

This streamlined process provides efficient and effective service to the credit union member by dramatically cutting down the waiting time for approval to close their loan.

For more information on this great new product, please visit the Credit Union ONE Home Center.

Credit Union ONE, headquartered in Ferndale Michigan for over seventy years, offers a wide array of financial services and access to over 28,000 ATM’s nationwide, serving 106,000 members, with nineteen offices in three major metropolitan areas, including Metro Detroit, Grand Rapids and Traverse City. For more information go to cuone.org

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Credit Union ONE participates in Help for Hardest Hit program

Ferndale, Michigan – Credit Union ONE announced that it has received approval to participate in the Michigan State Housing Development Authority (MSHDA) Help for Hardest Hit program. 

As a participant in this program, Credit Union ONE will partner with other financial institutions to help more than 17,000 Michigan households.

“We are pleased to be a part of this program, and are looking forward to working with the many members who are experiencing unemployment or other hardships to help them explore their best options,” said Gary Moody, Credit Union ONE President/CEO.

Michigan’s Help for Hardest Hit program is designed to help homeowners who are currently receiving unemployment compensation, homeowners who have fallen behind in their mortgage payments or taxes due to a temporary layoff or medical emergency, and those homeowners who can no longer afford their mortgage payments due to lower income.  It was developed in partnership with representatives from the Michigan Bankers Association, the Michigan Credit Union League, the Michigan Association of Community Bankers, the Michigan Association of Realtors, the Michigan Foreclosure Task Force and MSHDA’s statewide homeownership counseling network.

Credit Union ONE, headquartered in Ferndale Michigan for over seventy years, offers a wide array of financial services and access to over 25,000 ATM’s nationwide, serving 107,000 members, with nineteen offices in three major metropolitan areas, including Metropolitan Detroit, Grand Rapids and Traverse City.