#1. Right before you blow the transmission on your current car.
#2. October is a pretty good time according to Edmunds. It’s the end of the Model Year for many vehicles and many dealerships are anxious to clear out the unsold models.
#3. Black Friday – According to Consumer Reports Black Friday deals could save you thousands on a new car.
#4. Early in the Week/Day – There is a lot less foot traffic at a dealership early in the week and early in the day. Avoid the busy times, especially Saturdays, and get a salesman’s full attention.
#5. End of the Year – December is a great month to buy an “outgoing model year” vehicle. According to Edmunds, the average discount off MSRP is 6.1% (the highest of any month).
Buying a new car is a tough business. You must be prepared and ready to negotiate. And keep in mind that the best price isn’t always the best deal for you. Getting the right car may be more important. Get a car you can love. Sometimes paying a little more to get the car that’s perfect for you is the right choice.
People will spend more time this year planning their grocery list or planning their next vacation than they will planning their retirement income and what they should be properly doing in retirement.
Powerful Insights on Retirement Planning
45-60 Minutes – That’s all it will take to sit down with our Financial and Retirement Planning consultants at Hercules to show we are the right fit for you.
Our Financial and Retirement Planning consultants at Hercules Credit Union are here for you. Come join us for a NO COST Retirement Planning Dinner Event. Wednesday, October 18th or 25th from 6:00 – 7:00 PM
Space is limited so contact Cammie at Hercules 801-968-9011 to reserve your spot or schedule a no cost appointment that better fits your schedule.
Investment Advisory Services offered on a fee basis through Solitude Wealth Advisors, LLC, a Registered Investment Advisor. Not (FDIC/NCUSIF) Insured. Not a Depository. No Bank/C.U.) Guarantee. May Lose Value. Not Insured by any federal government agency.
Fill out the Skip-a-Payment Application below to skip a payment.
Hercules Credit Union offers members the option of skipping a payment (getting a loan extension) on a personal loan every 12 months.
Skipping a payment is sometimes a good option for members when their budget gets a little tight. It is a popular option around the holidays and allows you to use the funds from your usual monthly payment for holiday expenses!
If you think skipping a payment is right for you, please complete the following form.
The Equifax security data breach has been lost in the news with the reporting of all the devastation of hurricanes in Houston and Florida. We pray that all who are affected by those tragedies can heal quickly and put their lives back together. Meanwhile, the Equifax security breach should be a major concern for all of us. Financial data of 143 million Americans has been stolen, and in many cases, it means those 143 million people are at risk of becoming victims of identity theft for the remainder of their lives. With that in mind, there are a few things I think are important to share with our membership at this time.
First, we want you to know that we do not use Equifax Credit Reporting Service at Hercules Credit Union. We have always used Experian and/or TransUnion Reporting Service. Therefore it is not necessary to cancel your Hercules Credit or Debit cards or even accounts because of the Equifax breach. Hercules Credit Union information would not be part of the security breach. Let me be clear though, that doesn’t necessarily mean you are not part of the 143 million American with stolen information. If you have taken out a loan or credit card from another institution that uses Equifax Credit Reporting Service, you very well could bstill be a victim. A couple things you might consider that will help prevent your from being a victim of identity theft.
Consider signing up for Identity Fraud Protection. We are pleased to announce that the credit union is formalizing plans to provide our membership with a voluntary low-cost Identity Theft Protection service. We want to make sure all of our members feel secure and confident that their personal information is being protected. Just as important, if they do become a victim of identity theft, they have professional resources at their disposal to fix the problem. Watch for detail coming very soon!
Sign up for electronic statements. With the heighten awareness of criminals trying to steal personal information, there is no reason to risk having your statement sent in the mail. Sign up for e-statements and you will be notified when your monthly statement is ready for you to print from the security of your home or office. You can also monitor and download transaction history as often as you want. Your best protection against identity theft is monitoring your account activity often.
Great Members and Great Rates allow Hercules Credit Union Loans to grow at 29.6% – Fastest in Utah.
Our goal is to offer the best rates on loans so our members don’t have to waste time shopping rates and can easily get all their loans at Hercules Credit Union. We believe that good business is always a win-win – great rates for you and great loans for us. Win-win!
Our philosophy must be working because last year our loan portfolio grew at almost 30%. That’s faster than any other credit union in Utah and it’s faster than 95% of the credit unions in the nation.
Great loans to great members is what make us profitable and successful. Thanks for helping us grow by doing business with Hercules Credit Union. We are “Growing Stronger Together.”
How far can Hercules throw a Javelin?
50′, 100′, 150′ or further? Check it out in our Growing Stronger Together video.
Save $500 in just 6 months. (Savings if you transferred $10,000 at 11.99% to our 1.99% APR transfer rate).
It is always a good idea to review your credit card terms. Especially if you’re carrying a balance. Many credit unions, including Hercules Credit Union, will give you a special rate for transferring balances. It’s a great way to save on those high interest Credit Cards.
We are now offering a great incentive for you to transfer the balance of another credit card to a Hercules Rewards VISA Platinum Card. We are offering an introducotry rate of 1.99% APR on the transferred balance for the first 6 months.
At the end of the 6 months, the transfer balance will convert to our regular low 9.95% rate.
Don’t wait. Call our loan department 801-968-9011 and transfer your balance today.
Did You Know? You can finance your next auto loan with Hercules right at the dealership. You can’t get any more convenient than that!
You have the option and convenience of having the auto dealer do the paperwork on you new auto loan. Just request they send you loan directly to Hercules Credit Union and you’ll get our same great rate as low as 2.49% APR for 60 months and 2.99% APR for 72 months. Forget to say anything and who knows where your payment will end up.
If the dealer insists on financing it with someone else, no worries – you can still bring it to us to refinance. We will match or beat any rate and make it worth your while.
A Hercules Credit Union VISA has a nice interest rate of 9.95% APR with no annual fee and a grace period. No hidden fees. It also has Rewards. Travel Rewards accumulate fast and you’ll be a hero next time you take your loved one on a dream vacation. A walk on the beach is a nice thought.
It’s always a good idea to compare your VISA Credit Card. Unlike Hercules Credit Union many financial institutions don’t always have your best interest in mind. (Maximizing profits often dominate their thinking). So, do yourself a favor and compare. Get more information, disclosures and apply here.
Thanks to all members who attended this year’s Annual Meeting on February 21, 2017. Those attending were updated at the business meeting about the credit union’s finances and strategic direction. There were a few prizes and some refreshments.
Chairman and CEO Reports
We heard from our Board Chairman, Richard Wilcock and our CEO, Brett Blackburn. Both were happy with the credit union’s direction, the increase in loan growth last year and the financial stability of the credit union.
New Board Members
Congratulations to new board member, Marilyn Pearson and current Board Member Richard Wilcock on being elected to the board.
Thanks for almost 100 years of Service
Al Woodmancee served for many years on the credit union Supervisory Committee and MardeanWhitney served for almost 50 year on the Board of Directors. Between them almost 100 years of service. Thank you Al and Mardean for serving so faithfully and helping make Hercules Credit Union so financially strong.