Member Success Stories
Here at Wanigas Credit Union, we are in the business of helping our members save money! We are excited to share with you the below Success Stories on how we have been able to make a difference in our members lives.
A Wanigas representative had been working with a member since the beginning of 2018 on rebuilding his credit. The member had a goal to purchase his home, that he had on a land contract, within the next year. The Wanigas representative had reviewed the members credit history and was able to refinance 2 vehicle loans and a motorcycle loan, using some of the collateral to pay off outstanding bills. By doing this, our employee was able to help her member clean up his credit report, raise his credit score and put him in a better financial position. In January 2019, the member applied for and was approved for a mortgage. This member and his wife were very happy to close on their mortgage together for $82,700.
This Wanigas loan officer made a huge Wanigas difference in this members life by helping him improve his financial position and reach his goal.
In Septembers of 2012, a Wanigas loan officer assisted a long time member of over 40 years and his wife with a $70,315.45 loan for a motor home. The members chose to protect the loan with Loan Shield, Wanigas’ debt protection, including joint life. In March of 2018, Wanigas received notification that the husband had passed away. Wanigas filed a claim and within 6 days, received a $39,716.75 check from CUNA for the remaining loan balance.
Because the Wanigas representative discussed the ‘debt protection’ options with her members during the application process, the member’s wife (who was joint on the account and loan) was provided some financial relief during a very difficult time.
A Wanigas representative was speaking with a member who had a $10,091.15 auto loan with another financial institution at 6.25% APR. The Wanigas representative shared our current rates and told the member that Wanigas could refinance his vehicle at 3.75% APR. The Wanigas representative was able to shave 21 months off the loan term and saved the member $857.68 in interest!
Our member was extremely happy with the great service and how easy the process was!
A father and son came in for a personal loan for their mother/wife’s funeral expenses. They told the Wanigas representative that they had gone to another financial institution that they had been with for over 30 years and were told that they could not help them. The son mentioned Wanigas to his father because he is joint on a loan with his wife. After speaking with the father and son, the Wanigas representative had a clear understanding of what they were looking for and began by opening an account and then moved on to the loan application. While reviewing the father’s credit report, she saw there was the potential to help him out even further. The representative was able to refinance loans the father had and lower his Debt-To-Income Ratio from 69% to 38%. The son was so pleased with the help his family received that he sent a letter.
“When we came to Wanigas, your employee took the time to look at our information and seek out opportunity. She was able to help my dad (more than expected) and also provided me a much better rate on my car. Because of her willingness to take time, help and give us a sense that she cared and to find all the opportunity she did, we now have moved all our banking to Wanigas. I’ve never felt more comfortable with my banking than I do today!”
This Wanigas representative made a huge Wanigas difference in these members' lives during a difficult time for their family and was able to put them both in a better financial position.
During an on-site business development visit, a Wanigas representative was talking with a member who had his vehicle financed through another financial institution. During the conversation, the representative mentioned the current 1% Cash Back Auto Promotion Wanigas was offering and he was interested in learning more. The representative was able to refinance the members 2018 GMC Sierra for $62,191.69 at 5.00% APR, lowering his monthly payment by $150!
Not only was the Wanigas representative able to help this member lower his monthly payment on his auto loan but our member also received $500.00 CA$H BACK in his pocket because he received the ‘Instant Winner’ offer.
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