TULSA FEDERAL CREDIT UNION SAVES MEMBERS
$4 MILLION IN INTEREST SAVINGS
TULSA, Okla. (December 16, 2013) – Tulsa Federal Credit Union saved its members more than $4 million in interest savings in 2013 through its “Saving Our Members Money” campaign.
The campaign that began in 2013 challenged Tulsa Federal CU employees to save members money by refinancing their high interest rate loans and credit cards ultimately reducing their monthly payments.
“Our members continue to be encouraged by the savings potential of switching to Tulsa Federal CU,” Tulsa Federal CU Chief Lending Officer Glen Ogden said. “Giving members’ peace of mind and getting them closer to financial security is the primary reason for this campaign.”
Tulsa Federal CU has thrived on a lifelong partnership with its members. The interest saved through this campaign encompasses mortgages, loans, insurance, credit cards and other products. The campaign has had a direct benefit to lending across the board. Profits are returned back to its members in the form of higher dividends, lower loan rates and reduced costs on many services.
“To be able to save $4 million in interest savings for our members is monumental and aligns with Tulsa Federal CU’s mission to making a difference in the lives of our members,” Tulsa Federal CU President/CEO Greg Gallant said.
”For example, Jason S. came in to refinance his vehicle and was also looking to purchase another used vehicle,” Gallant said. “We were able to drop his monthly payment by $240 on his current vehicle, allowing him to purchase a used vehicle without affecting his budget. That’s what Tulsa Federal is all about.”For more information contact Tulsa Federal CU at 918.610.0200 or visit TulsaFederalCU.org