What's new at Group Health Credit Union
 

The Power of Purple
These days, every bit of additional money saved or earned is important. Are you aware that you can reduce the interest rate on an auto or personal loan or increase your return on a share certificate, just by exercising the power of your PurplePoints?

You earn PurplePoints in a number of ways, some of which you may not be aware. You earn points when you join GHCU, when you use your debit card, when you pay interest on certain loans or receive returns on share certificates. You can also earn points through special promotions or when opening particular products like a Premium Plus money market account or an Emerald Checking account. There are lots of ways to increase your store of PurplePoints, and these are listed for you on our website. What’s even more important to know is how to use them.

Just 2,500 PurplePoints enables you to increase a new share certificate rate by 0.25%. The additional interest can really add up over time, producing a larger return when your certificate matures. You can also save money by applying your PurplePoints to an auto or personal loan: 2,500 PurplePoints reduces the interest rate by 0.25%, potentially saving you a pile of money over the life of your loan.

Go Green to Get Purple
One great way to increase your PurplePoints—while doing some good for the planet—is to apply for our new “Green” home equity line of credit (HELOC).* Just apply for a new HELOC or activate an existing one, then buy Energy Star approved products to improve the energy efficiency of your home. It’s a win-win-win: you’ll get bonus Purple Points while saving natural resources and saving yourself money!

For more information on our Green HELOC, visit our website.

*Subject to credit approval.



 
   
 
 
 




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