Strata Credit Union’s Post

Credit unions provide financial products and services; chequing, savings, investments, and loans...the full meal deal. But Unlike banks, we are a financial co-operative; autonomous, self-help organizations controlled by our membership. Real people like you, versus stakeholders. Education is the heart of how we do business, providing education and training for our membership, elected board members, and our employees. Going above and beyond by utilizing credit unions "Each One Teach One" program training in-house facilitators to work on building financial literacy within our communities. Just two more of the 7 Co-operative Principles that make banking at a Credit Union special. Grow With Us. . . #CooperativePrinciples #Cooperatives #FinancialLiteracy #CreditUnionDifference #GrowWithUs #VermilionCreditUnion #VermilionAlberta

Discovering the Future of Financial Support with Our Credit Union Family! 🌟 As we continue to navigate through a rapidly evolving financial landscape, we're thrilled to observe some remarkable trends at our credit union that reflect our commitment to serving you better. Here's a glimpse of how we're helping our community: 💸 **Financial Freedom**: Members seeking responsible finance management to gain financial freedom. 💷 **Loans**: Those in need of affordable loans for personal or emergency reasons. 📑 **Low Credit Scores**: Individuals with poor credit history, striving for financial stability. 💻 **Assessments**: Applicants requiring a careful assessment of loan affordability. We're more than just a credit union; we're a movement toward a more inclusive, supportive, and sustainable future for all our members. But we know the conversation doesn't stop here! ✍️ We'd love to hear from you! What trends do you think will shape the future of financial support within credit unions? How can we better serve your needs? Share your thoughts and let's cultivate a dialogue that propels us forward, together! #CreditUnion #FinancialInclusion #CommunityBanking #SustainableFinance #FinancialTrends #MemberFocused #YourVoiceMatters 🔄 Feel free to share this post and get the conversation started within your networks! 🔗 https://lnkd.in/e9-8Tekc

We understand that finances are intensely personal and hugely emotional. Declining a member or a prospective member is a vulnerable time for them. It is at this moment when credit unions have an opportunity to show up as a partner and an ally in this experience. While it may not be possible to help them today, building relationships often means saying YES! tomorrow. Learn more at creditmountain.co #DigitalCreditCounselor #CreditUnion #WarmDecline #CreditMountain

Financial Planning is the art of doing basic things FIRST! When it comes to choosing between a credit union and a traditional bank, there are key differences to consider. Banks are owned by investors, while credit unions are owned and controlled by their members. Credit unions, as nonprofit organizations, prioritize returning surplus earnings to members through various benefits like lower interest rates on loans and higher interest rates on deposits. On the other hand, banks, especially larger ones, may focus more on profits and shareholders. Ultimately, the choice between the two depends on your financial goals and values. #savings #financialplanning #banks #creditunions

📢 Hey folks! Time for a crash course in financial lingo! 🤓 Let's talk about how a credit union is different from a bank, shall we? 👀 🏦 Banks, like the fancy pants they are, operate for profit. 💸💼 But credit unions are like the friendly neighborhood superhero 🦸♂️, more focused on serving their members rather than making it rain dollars. 💪#CommunityMatters 🙌 Credit unions are not-for-profit organizations, which means they often offer lower loan rates, higher interest on savings, and lower fees! 💰💸 Can I get a #GoodbyeFees please? 🙋♀️💃 So, if you're looking for a financial sidekick that's all about you, your community, and those extra dollars in your pocket, give a credit union a whirl! 🌍🤝 #ChooseWisely #invoicetemple

🌟 Reflections on Financial Well-Being and Happiness 🌟 Lately, I’ve been reflecting on how intertwined financial well-being and overall happiness really are. It’s fascinating to see how much our financial health impacts not just our bank accounts but our entire lives. In my experience, credit unions play a significant role in this relationship. Here’s what I’ve discovered: 💡 Peace of Mind Through Financial Security: We help our members develop a solid financial plan, which helps reduce stress levels. U of I Community Credit Union offers personalized advice and solutions that help our members feel more secure and less anxious about money. 💪 Investing in a Healthier Lifestyle: I’ve noticed that financial stability allows our members to invest in things that improve overall health and wellness. Credit unions support this by helping members budget effectively for what matters most to them. 🤝 Strengthening Community Connections: Being part of a credit union also fosters a sense of community. The support and shared values create a strong network that enhances emotional well-being and brings a deeper sense of happiness. Seeing the positive impact of financial well-being on UICCU members lives has been eye-opening. It’s clear that when we have our finances in order, it not only helps us live healthier lives but also deepens our happiness and connections with others. I’m grateful for the role U of I Community Credit Union plays in this journey and excited to see how we can continue to support each other in achieving both financial and personal well-being. 🌈 #FinancialWellBeing #CreditUnion #Happiness #MentalHealth #PhysicalHealth #CommunitySupport #PersonalGrowth#DoMoreGood

#RedefiningCollections: Empowering Members Towards Financial Freedom In today’s economic landscape, household budgets are increasingly strained, leading to a rise in collection activities. But what if these calls could be transformed into opportunities for support and empowerment? Empathy and understanding are fundamental to successful Credit Union collections, as they recognize the personal stories behind the numbers. Through customized solutions and creative thinking, Credit Unions can revitalize the financial trajectories of their members and spark renewed hope for a prosperous future. Each interaction offers a chance to reshape a member’s financial story, uncovering dreams previously overshadowed by debt and fueling a resolve to break free. Let’s redefine collection efforts as opportunities for empowerment, propelling our members towards a horizon where financial freedom is within reach. Credit Unions possess the necessary tools to thoroughly assess a member's financial situation. It’s time to explore ways to maximize our members' cash flow and alleviate the burden of financial stress, guiding them towards a more secure financial future. Together, we can transform the narrative of financial wellness. What are some innovative ways your Credit Union approaches the collections process? Let’s share and learn from each other! What is your Credit Union doing to redefine the Collection Process? #FinancialWellness #MemberEmpowerment #DebtSolutions #EconomicRecovery #CreditUnionDifference #FinancialInclusion #EmpathyInFinance #BreakingTheDebtCycle #CommunityBanking #FinancialLiteracy #CUSO #CreditUnions #Collections #CU #Member #DebtRelief

Another Exclusive BTS Look at Last Week’s Event: Dive into the heart of financial empowerment with this behind-the-scenes glimpse. Cristian Campos & Gloria Aguirre last week led the charge, shedding light on the pivotal role of credit in our lives. They explored how credit unions not only offer a sense of belonging but also provide the functional benefits of credit cards. From building a solid credit history to enjoying consumer protections and rewards, credit union membership merges community with the practical perks of modern finance. Did you know that credit unions play a pivotal role in local development? Beyond offering financial services, they actively contribute to the community’s growth. For instance, credit unions often measure their success by the positive changes they bring about, such as supporting small businesses, improving access to affordable housing, and funding educational initiatives. This community-first approach is what sets them apart and underscores their commitment to not just financial success, but societal progress as well. . . . . #Strata #CreditUnion #CommunityEngagement #FinancialWellness #MembersFirst #STRATAsphere

Shared my Infomercial at the recent Illinois & Ohio Bankers Annual Conference. If you wonder what Evolv is all about and how I help banks & credit unions increase their non-interest income, take a listen. #poweredbyevolv #merchantservices #digitalsolutions

Banking connections.... Watch this quick video about how we bring value to your commercial line of business through our partnership with Evolv. Open to a conversation? Shoot me a message and let's see how we can make your merchant platform more profitable to the bank while bringing a white glove service to your commercial clients. Sheila Wyatt Shay Horseman Julie Peck Future Payments Gary Flannery