FLFCU Q2 Newsletter 2024

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IN THE LOOP

Southern Pines Branch – Opening in July! We continue to strive to deliver on our mission to provide exceptional financial services to our members and everyone in the communities we serve.

Great news! We're excited to announce the opening of our new full-service branch in Southern Pines this Summer, featuring 3 drive-thru lanes, ATM access, teller pods, and a community room for training sessions and workshops. You can find our Southern Pines Branch at 107 Brucewood Road, across the street from the Carolina Cinemas, Sandhills 10 movie theater. So, help us get the word out and tell your family, friends, and everyone you know to open an account at the Credit Union! They can benefit from the Credit Union difference too!

Military Appreciation Loan Discounts

FLFCU is honoring active-duty and retired military personnel with our Military Appreciation Loan Discounts! In May, take an additional .50% APR off your loan for a new or used car purchase, and take .25% APR off all motorcycle, watercraft, recreational vehicle, and unsecured loans. Save even more money by taking advantage of multiple offers. But hurry, applications must be received by May 31st. All loans are subject to credit approval and terms and conditions apply! We thank you for your service and sacrifice!

Is a 30-year fixed-rate mortgage best for you? The 30-year fixed-rate mortgage (FRM) is the most common mortgage selected by borrowers. However, most people keep this mortgage for less than 10 years because homeowners refinance or purchase a new home before the term is up. And, according to the National Association of REALTORS®, most buyers expect to stay in a home they purchase for only 15 years. Perhaps a better option for you to consider is our 15/15 adjustable-rate mortgage (ARM). The 15/15 adjustable-rate mortgage (ARM) provides a lower initial rate, and it is fixed for 15 years. This means you can enjoy lower monthly payments and save thousands of dollars in interest over the life of the loan. This could make a difference when choosing a neighborhood or negotiating a price. So, save money or maximize buying power with our 15/15 ARM. It may be the best option for you!