Q3 Brand Bucks Challenge!

Hey all,

As a credit union, our purpose is to inspire financial wellness. In order to achieve so, our members must trust that the Alive team not only has their best interest at heart, but feel that they are knowledgeable in the solutions they are offering. Member trust is one of the most important brand attributes our credit union can have to ensure we not only fulfill our purpose, but grow the business in a way it allows us to continue helping more and more people each day.

For that reason, our Brand Bucks Challenge this quarter will test your knowledge of our Home Equity products!

Challenge: Please check out the attached product comparison sheet and answer the following three questions by end of day 7/20/20 for your chance to win a $25 Brand Bucks credit and a Jeans Day of your choice!

Mr. Jackson has lived in his home for 20 years. He is on a fixed income and is looking to build a pool along with a landscape project that will transform his entire backyard. This is his dream “forever home”.

Which Home Equity option is best for Mr. Jackson?

Answer: [Email Christian]

Ms. Andrews just moved into her new apartment next to our Touchton branch, she LOVES it at 54 Magnolia! It has all of the closet space she needs for all of the clothing she charged on her high-interest credit cards. However, she just realized her monthly payments combined are a little higher than she would like and although she doesn’t mind carrying over a balance from month-to-month, she would like to have a single payment with the lowest interest rate possible.

Which Home Equity option is best for Ms. Andrews?

Answer: [Email Christian]

Johnny and Sue have been together for 5 years. They recently purchased a home for $350K and made a down payment of $150K from their savings. This was all they had saved up. When they moved in, Johnny proposed to Sue and as a surprise to her, she’s now excited to be planning a wedding! They’re thinking that they want to keep a budget of around $25K, but are open to spending a little more if they need to. Johnny just got promoted at work, so they now know that they’ll be able to make extra payments that will help them pay it off within at least the first 24 months.

Which Home Equity option is best for Johnny and Sue?

Answer: [Email Christian]