Serving members since 1940 and still strong today
Changes to Surcharge Free ATM locations
There has been a recent change to the location of several surcharge free ATMs in the Advantage Network, including those located in HyVee. Please click on the link below to find an updated listing of surcharge free ATMs in the area.
http://advantage-network.com/atm-finder/
IT’S TIME FOR SOME FUN IN THE SUN!
Midwest Partners wants to help you enjoy summer even more, with hot rates on recreational vehicles. For a limited time, you can get 5.00% APR* for five years on motorcycles, boats, campers, jet skis, and ATVs 2005 or newer. Stop in to Midwest Partners today and talk with one of our loan professionals… don’t forget the sunscreen!
*On approved credit (OAC) for 60 months at 5.00% APR, payments approximately $18.87 per $1000 borrowed. Vehicle model must be 2005 or newer. No down payment required, other restrictions may apply.
It may take lots of research and test drives to find the right vehicle for you, but finding the right loan is easy. Midwest Partners Federal Credit Union is offering an incredible 5.00% APR for 5 years on new or refinanced vehicle loans. Simply fill out an application and with approved credit you can be driving away in that new car! Not bad for 20 minutes of your time!
*WAC for 60 months at 5.00% APR. Estimated payments $18.87 per $1000 borrowed. No down payment required. Other restrictions may apply.
>> Contact one of our loan professional for more information today
Midwest Partners Federal Credit Union joins “Invest in America” Partnership with GM and Chrysler.
In response to tightening credit nationwide and the severe economic impact on the U.S. auto industry, Midwest Partners Federal Credit Union has joined nearly 8,000 credit unions nationwide in the "Invest in America" campaign.
The "Invest in America" credit union loan partnership recently expanded from 12 pilot states to all 50. This gives 90 million credit union members across the country access to GM’s “Credit Union Member Discount Program” and Chrysler’s “Credit Union Member Cash” discounts as well as access to affordable financing on new vehicle purchases. The national program is making more than $80 billion available in credit union low-cost auto loans for new vehicle purchases. Credit unions have always been embedded in their communities. “Invest in America” is an example of how the cooperative nature of credit unions benefits the local, state and national economies. The “Invest in America” programs, runs through June 30, 2009, offers GM supplier price discounts or Chrysler rebates of $500 or $1,000 on eligible vehicles.
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Credit unions have steered clear of the subprime mess. We’re still lending responsibly.
>> Click to hear about federal insurance for your savings at credit unions
In the first four months of 2008, mortgages at credit unions grew faster than all other loans. This at a time when mortgage losses have forced other lenders to scale back or close their doors entirely.
Why? For one thing, credit unions operate more conservatively and tend to hold more of their mortgage loans (about 70% in fact) in portfolio rather than sell them to Fannie and Freddie on the secondary market.
Secondly, credit unions are member-owned and not-for-profit cooperatives. We exist to serve our members, not profit from them. Unlike the banks and brokers, we’re not out to force loans on our members just to make a quick buck.
Today 56% of credit unions offer first mortgages, and 90% of the nation’s 90 million credit union members belong to one of the credit unions that offer first mortgage loans.
To the extent credit unions have been impacted by the subprime debacle, it’s primarily as “collateral damage”—members having trouble making payments on other loans because of subprime mortgage they’ve gotten elsewhere, or because some members are losing their jobs in today’s down economy.
But credit unions went into this with very strong balance sheets, and will still be in very strong shape when it’s over.
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Re-elected
Tom Wolff and Gerry Heuer were re-elected to the Midwest Partners Federal Credit Union Board of Directors. Board elections took place during Midwest Partners 68th Annual Meeting on April 15, 2009.
Both will be serving a three year term.
Congratulations Gerry and Tom.
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