Good thing summer is here, because we could all use a little more sunshine. Let’s face it, the economic news this year has been gloomy, at best.

Just like everyone else, we at iQ Credit Union have tightened our belts and looked for ways to reduce expenses and improve efficiency. As a result, we continue to be a strong and vibrant credit union, ready to take care of your financial needs through good times and bad.

In fact, with mortgage rates at historic lows, we are doing more home loans than ever before. Rest assured that as always, iQ Credit Union doesn’t make high-risk or sub-prime loans — the kind that have pushed many banks to the brink of insolvency. Instead, we follow the simple and modest credo of the credit union: People helping people. So far this year, we have helped more than 290 families either purchase a new home or refinance an existing one. Also unlike many big banks today, iQ Credit Union has money to loan. Whether you’re looking to drive home a new car, tap into your equity and remodel, or refinance any non-iQ loan for a lower rate, affordable — and available — loans can be found right here. We’re also continuing to do business loans for small to mid-sized businesses throughout our community.

With all of the depressing economic news, it’s clear that many people are hurting financially. That’s why iQ Credit Union now offer two different services for members who may need a little financial help. Our new Debt In Focus program is an easy way to help get a handle on your debts. After answering a few online questions about your income and current debts, a simple financial analysis will provide you with a wealth of information, including debt to income ratios, debt payment schedules and customized strategies for moving your finances forward. If you prefer a face-to-face consultation or find yourself in a bind, our financial educators can help you get the upper hand on your monthly expenses. Their services are customized to your specific needs and are completely free.

On behalf of everyone at iQ Credit Union, here’s to a happy and healthy summer, with many blue-sky days ahead.

Sincerely,
Roger Michaelis, CEO/President