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Electel Cooperative FCU Lucks Out With Two Day Loan Promotion

RALEIGH, NC – Electel Cooperative Federal Credit Union offered a two-day loan promotion to members centered around St. Patricks Day. For two days only, on Friday March 15th and Monday March 18th, members of Electel Cooperative were able to get a personal loan for twelve months at 1.9%APR or twenty-four months at 2.9%APR.

“The Lucky Loan Promotion was an opportunity for members to borrow unsecured money for a much lower interest rate than our other loan products” said Nancy Long, CEO of ElecTel Cooperative. Total loans exceeded last years promotion, totaling $625,000 over a two day period for this years Lucky Loan Promotion.

Electel Cooperative Federal Credit Union tapped the your marketing co. team for assistance in designing collateral for the promotion.

Electel Cooperative Federal Credit Union is a member owned financial cooperative with membership open to consumers of all 27 North Carolina electric cooperatives and well as employees and their family members of all 27 North Carolina electric cooperatives. Employees, directors, and officers of the electric and telephone cooperatives in NorthCarolina, Virginia, Maryland, Delaware, Tennessee, and West Virginia are also eligible for membership.

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