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i3 Concept |

HELP

  • Shelly Berryman VP Board & Committee Relations at SchoolsFirst Federal Credit Union
  • Robert Chavez President/CEO at Sandia Laboratory FCU
  • Josette Gauthier Senior Vice-President Human Resources at Alterna Savings
  • Paul Kirkbride Chief Operating Officer at WSECU

Problem:

Unexpected home ownership costs deplete savings or increase credit risk.

Solution:

A short term line of credit that suspends after 90 days and the balance is amortized over a five-year term.

Test Results:

Pilot was planned at Unitus Community CU for October 2011 but no test results were documented.

Getting Started: Contact us to learn more about this idea from Filene i3.