Blog
We've once again been named the best credit union in Alabama according to Forbes! Forbes rated banks and credit unions based on overall recommendations and satisfaction along with five subdimensions: trust, terms and conditions, branch services, digital services, and financial advice. Over 25,000 customers were surveyed through market research firm Statista to capture their opinions on current and former banking relationships. Of the 5,068 credit unions nationwide, just 3.6% made Forbes’ list.
Shopping for a mortgage can be stressful, especially if it’s your first home. From confusing terminology to difficult-to-compare differences, the process can make your head spin. To understand the process, there are a few concepts you should be familiar with. In addition, there are some general steps to follow to get you in the right home with the right loan.
To help you through the process, we’ve developed this guide. It covers some general definitions and some guidelines, from setting a budget to shopping for a mortgage.
Meet Trennon and Tracey Putnam, proud members of Listerhill Credit Union. In search of a new project, the Putnams wanted to add a nice flair to their landscaping. Using their cash back from a previous loan campaign, they were able to fund and create a fun gazebo for their yard.
Shopping for a mortgage is exciting, but it can also seem as if you need to learn a whole new language. What is a conventional loan? What does fixed-rate and adjustable-rate mean?
We're here to answer these questions and more to help you feel confident as you begin the process of applying for a mortgage.
Whether it’s work or fun, your phone plays a vital role in your everyday activities – including banking. You want to make a deposit, pay bills, transfer funds, or make a purchase? There’s no reason to look any further than your phone. Listerhill has offered mobile banking to our members for nearly a decade making upgrades along the way to ensure you have access to the most up-to-date technology, features, and experience.
With our newest mobile banking update, we’re bringing you even more services and features. Learn more about the update in this blog.
Listerhill Credit Union’s Keystone Debit Card is the perfect accompaniment to any UNA college student’s wallet (and not just students–alumni and community members, too!).
Continue reading to learn more about this unique university debit card that gives back, whether you’re a young adult learning to spend and save responsibly or a veteran shopper and saver.
If you’re shopping for a home, you may be wondering when you should start looking for a mortgage. Some people will advise that it’s fine to wait until after you’ve made an offer on a home to look for a mortgage. This can be true in some cases, but shopping for a mortgage and getting pre-approved before you’re bidding on a home can offer great benefits.
We’ve described some of the reasons that you may want to consider getting a pre-approval letter in this blog.
With mortgage interest rates still hovering near historic lows, many homeowners are considering refinancing their mortgage to get a lower interest rate, a lower payment, or to pay their home off sooner. For many, refinancing can shave tens of thousands of dollars off the total interest paid over the life of the loan, freeing up funds for home improvement, vacations, and other splurges.
Money doesn’t grow on trees, and most people work very hard for what they have. To help save money, many people use budgets, clip coupons, only buy new when things are on sale, and shop at thrift stores and flea markets. Money saved is money earned, right?
But there’s a way to potentially save a lot of money that is often overlooked – refinancing your mortgage when interest rates go down. Depending on the amount of the mortgage and the terms, the savings could be significant. Refinancing when mortgage interest rates drop one or two points could result in thousands of dollars in savings over the life of your loan.
