News from Group Health Credit Union
What's new at Group Health Credit Union
 

Youth Savers
Thank you to our young members who participated in the National Youth Savings Challenge during National Credit Union Youth Week, April 20-26.

We asked these youngsters what they are saving for and here is what a few of them told us:

  • Future
  • School/College
  • Volleyball shoes
  • Wii
  • Life

View Challenge winners announced by CUNA.

Our Mortgages Are Safe
The news is full of stories about the subprime mortgage crisis. We want to assure you that GHCU and our mortgage loans are sound. We only make conventional, conforming prime mortgages and do not have any investments backed by subprime mortgages. GHCU invests its excess funds in high quality U.S. Government and U.S. Agency securities and investments offered through the credit union network. We know the money we invest is our members' money and we treat it with the greatest care.

If you, or someone you know has been affected by prices, values, rates, or a combination of all three GHCU could be the answer. We offer several options to help you get a mortgage you can afford.

If your adjustable rate mortgage (ARM) is a little more adjustable than you'd like consider refinancing to a fixed rate 10-, 20-, 30- or 40-year mortgage.

Or we can help you refinance to a longer-term ARM until you're able to make your next move.

Whether you're looking to refinance or purchase a house all GHCU mortgages are safe and are offered with no processing fees, no prepayment penalties, and the fast, professional service you expect from us. Check out our rates and apply today.


Credit University teaches kids about money
To help educate high school students about money management Group Health Credit Union is partnering with six other credit unions to sponsor Credit University, a financial literacy program for high school students. The program teaches kids the importance of saving their money through pop culture. The results have been great! Pre- and post-testing of 6,500 Credit University students in 2006 showed an 11 percent increase in teen savings. GHCU is pleased to partner with Qualstar, Sound, Watermark, America's, Seattle Metropolitan and Verity credit unions to bring Credit University to Washington state students. Listen to a NPR story on the program here.


Annual Reports

Want to know more about your credit union? Read on!
2007 Annual Report

Group Health Credit Union in the community
 

A little help goes a long way
The spirit of giving was alive at GHCU this past holiday season. Together, GHCU members and employees
contributed to United Way of King County, Northwest Harvest, Heifer International and Pennies for Peace.

Holiday cards that benefit charity
Holiday cards created by kids were sold in our branches and the card sales proceeds were donated to charities selected by the card artwork 1st place winners – Elyse (15) and Molly (11). We're pleased to report a total of $2,000 was raised for Heifer International and Pennies for Peace.

1st Place Winner Elyse with Capitol Hill Branch Manager Meghin

 

1st Place Winner Molly with Capitol Hill Branch Manager Meghin

United Way of King County
Each year GHCU employees support United Way of King County. Employee contributions totaled over $4,330. The company matched employee's donations by 50% bringing the total amount to $6,495!

Northwest Harvest
Food collection boxes were set up in our branches and corporate office for Northwest Harvest. From the contributions of our loyal members and staff we collected over 571 lbs of food for Northwest families in need.

Group Health Credit Union making the news

Download the latest GHCU news as it's being made.
(Downloads are in PDF format and require Adobe Reader, available here.)

GHCU_announces_VP_and_CLO (31 KB)
Group Health Credit Union Opens New Lake Union Branch (120 KB)
Group Health Credit Union Announces New CEO. (41 KB)
Holiday Cards created by kids benefit charities (47.1 KB)
Race for the Cure 2007 (241 KB)
Race for the Cure 2006 (83 KB)
Washington State Quarters (116 KB)
Random Acts of Kindness Week (44.5KB)
Credit University (28.7KB)
Operation Crayon (92.8 KB)

Download Gear Up

Download the latest issues of our member newsletter Gear Up.
(Downloads are in PDF format and require Adobe Reader, available here.)

Spring 2008 (932 KB)
Fall 2007 (748 KB)
Summer 2007 (1,286 KB)
Spring 2007 (1,224 KB)
Fall 2006 (340 KB)
Summer 2006 (459 KB)
Spring 2006
(481 KB)





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