With the holiday season upon us and the new year right around the corner, finances are top of mind for many. Resolutions begin to form as people ponder the goals they hope to achieve in the coming year. It may come as no surprise that the improvement of one’s finances tops the charts in popularity when it comes to New Year’s resolutions. Statistically speaking, in 2022 alone, 84% of Americans made a New Year’s resolution to improve their financial situation. Orlando Credit Union offers savings and financing options that make those goals attainable. Whether you hope to meet your savings goals in the coming year, pay down existing debt, or finance the home of your dreams, we offer products and services to make it possible.
There are many different reasons to save money throughout one’s lifetime. A few of the incentives that may begin your venture to saving could include your child’s college fund, a down payment for your future home, or simply a reliable emergency fund. Luckily, Orlando Credit Union provides options for all of these and more.
If you are looking to grow your savings without the volatility of a fluctuating marketplace, a Share Certificate Account, also known as a Certificate of Deposit, is a great option. Earn a high rate of return on your savings by locking in your money for a set term. To find out about the unique offers Orlando Credit Union has, visit us online at OrlandoCreditUnion.org. If one of your goals for the upcoming year is to travel to a destination you’ve always dreamt of, consider a Vacation Club Account. Make saving for a trip easier than ever by utilizing this account; plus, no opening balance requirement and no monthly service fee. If you have a young child and the expenses of their educational future are on your mind, consider the Coverdell Education Savings Account (ESA). Withdrawals from an ESA are tax-free (consult a tax expert), when spent on qualified educational expenses such as school tuition, books, supplies, room and board, computer equipment or internet service.
If your goal for the new year is to find and purchase the home of your dreams, Orlando Credit Union is here for you with financing options to make that goal a reality. Our team of seasoned mortgage professionals are ready to guide you through the home buying process. At Orlando Credit Union, we consider each individual’s financial situation and suggest products and services that would best fit into your specific lifestyle. We offer programs for first-time home buyers, first responders, government-backed loans, conventional mortgages, and more. To find out which option would be the best fit for you, visit the mortgage section of the Orlando Credit Union website or schedule a meeting with one of our mortgage professionals either over the phone or in person.
Additionally, if taking control of your finances is on your wish list for the new year, consider one of Orlando Credit Union’s personal loan options. A debt consolidation loan is great for paying down high-rate, unsecured debt or credit cards with fixed rates and terms. No matter what your financial goals may be in 2023, let Orlando Credit Union along for the ride to help fund your dreams. To find out more about the many products and services mentioned, visit us online at OrlandoCreditUnion.org, by phone at 407.835.3500, or stop by one of our branches today.
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