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January 2023

Having input into the policies of your chosen financial institution is a wonderful thing. Since a credit union is actually a not-for-profit cooperative, owned by its members, it aims to provide members with the best terms possible for a range of financial products, such as car loans, business loans, mortgages and much more.

Flexible Solutions for Members

Credit union representatives will partner with you as allies and are typically willing to work with you. If you’re not sure whether you’ll qualify for a loan or you find yourself in a tough situation, they will usually try to find alternatives or loan terms that will best fit your situation. Credit unions aren’t restricted to adopting the same loan requirements as other financial institutions.

Lower Fees

The fees associated with credit unions, such as late fees, tend to be lower than those charged by banks.

Better Interest Rates

Credit unions offer lower interest rates on loans and higher interest rates on savings or shares than other financial institutions. This is the main way in which members benefit when a credit union has sound earnings. Remember, the focus is on covering operating costs rather than increasing profits.

Small Business Support

It’s not easy to start or run a business and credit unions can make the journey smoother for small business owners. Credit union representatives take the time to understand the financial needs of members who want to build their businesses and need a helping hand.

You’re Better With Us

Credit unions put their members’ interest first. Have you explored everything AffinityPlus Credit Union can do for you? We’ll be happy to answer your questions, you can contact our helpful relationship officers using one of the following options:

· 832-1232/1235 - Head Office (Bridgetown)

· 230-1613 – Oistins

· 233-4588 – Speightstown

· Email: loans@affinityplusbb.com

You can also click on the following links to learn more about our wide range of savings and loan options to help you accomplish your financial goals.

Consider a Credit Union