News & Information from Your Credit Union.
Member Newsletter 2021 V1
No Contact? No Problem.
The past year has changed the way that all of us think about and carry out everyday tasks. Remembering to grab a mask on your way out the door probably isn’t something most of us envisioned as a part of our daily lives. Fortunately, getting your banking done safely with UMassFive doesn’t need to be another item you’re worrying about.
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The Importance of Savings in the New Year
With the New Year underway, now is the perfect time to evaluate where you stand with your emergency savings.
Sponsor Group Spotlight:
The Food Bank of Western Massachusetts Employees
UMassFive is proud to serve the employees of the Food Bank of Western Massachusetts, a group of people who have made a world of difference in our communities since 1982.
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Financial Wellness:
Refinancing: Is It For Me?
Due to changes in the economy during 2020, rates have been favorable for borrowers, and you may have heard about friends and family refinancing their loans.
Community Involvement:
Making a Difference in 2020
2020 was a challenging year for everyone, and UMassFive felt that it was important to continue our tradition of contributing to the positive efforts taking place in the communities we serve.
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Leaving Your Job? Your Retirement Savings Plan Options
Are you leaving your job and considering whether to take a distribution from your 401(k), 403(b), or governmental 457(b) plan? In general, you have four options when you're eligible to receive a distribution from your employer retirement savings plan.
New Auto Loan or Refinancing?
Rates as low as 2.99% for up to 66 months!*
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*APR = Annual Percentage Rate. Your annual percentage rate and maximum loan-to-value are based on your credit score and a term of 66 months or less, less than 100,000 miles, and a vehicle no older than 6 years. Terms greater than 66 months, and/or vehicle mileage above 100,000, and/or vehicle age above 6 years will result in a higher APR. Members must borrow $15,000 or more to qualify for our 84-month term. Rates are subject to change without notice. Financing for up to 125% NADA retail value of the auto is available, if qualified. Interest accrues from the date of the loan disbursement. In order to keep our rates low, this offer is not available to refinance an existing UMassFive auto loan.
Support Local Businesses
and earn Buzz Points!
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