Quick Access Services

Mortgages - We have money to lend

Whether you’re buying your first home— or your third—Hanesbrands Credit Union can get you the perfect home loan. We offer fixed and adjustable rates with 15- and 30-year terms. We have real estate loans to purchase a new home, purchase that vacation home or refinance your current mortgage. The mortgage program is for North Carolina members only but Home Equity Loans are available for NC, VA, GA, SC, IL, and TN.

Unlike big commercial banks, we don’t sell our mortgages to outsiders, so all of your decisions are made locally and your money is kept right here. Best of all, Vi Smith is always available at 336-776-6946 to answer any questions you might have on your mortgage. Give her a call today!

Mobile Internet Service

Beginning October 15th, 2008, you will be able to use this free service to access your secure electronic banking site from your Web-ready cell phone or PDA. In order to take advantage of this service, you must make sure that your cell phone can support WML or HDML and the Secure Sockets Layer (SSL) protocol. You’ll have to contact your cell phone company to find out this information and to activate your Internet service.

Once your cell phone or PDA is Web-ready, you can access electronic banking. Go ahead and check with your cell phone provider so you can use this new service. More information can be found on the Virtual Branch web site under the wireless link.

Your phone must support WML or HDML and the Secure Sockets Layer (SSL) protocol.

If your phone supports WML service, use this URL as the bookmark:
https://www.netit.financial-net.com/hbicu-phone/cgi-bin/ebs

If your phone supports HDML service, use this URL as the bookmark:
https://www.netit.financial-net.com/hbicu-phone/index.hdml

You can also access your secure electronic banking site on any PDA device which has Internet access.

Use this URL as the bookmark:
https://www.netit.financial-net.com/hbicu-pda

Open a Health Savings Account today.

Health Savings Accounts (HSAs) were created by the Medicare bill signed by President Bush on December 8, 2003 and are designed to help individuals save for future qualified medical and retiree health expenses on a tax-free basis.

You can cut your health care costs by opening a Health Savings Account (HSA) at Hanesbrands CU. An HSA is a Health Insurance Plan and Savings Account rolled into one. You can contribute funds as you wish and earn interest on your balances.

It’s the easy way to save for health care costs!

Our HSAs offer:

NO Fees
NO Minimum Balance Requirements
NO Transaction Charges

For More Information

There are several requirements that must be met in order to open an HSA To learn more or to open an account, simply contact a Member Service Representative today.

Courtesy Deed of Trust Loans

Courtesy Deed of Trust Loans

Courtesy Deed of Trust loans are available as secured or unsecured:

(1). Secured loans are made for a vehicle purchase

(2). Unsecured loan proceeds can be used for projects, education or other expenses

These loans are secured by a deed of trust on a primary residence. The interest paid on this type loan may be tax deductible. To determine if this type of loan will benefit you in terms of tax deductibility, consult your tax advisor. The credit union does not offer tax advice.

Secured

Rate same as vehicle loan
Term same as vehicle loan, Maximum Term of 7 years.
Closed End
Maximum Amount is $100,000.00
Lien placed on title

Unsecured

Rate same as signature loans
Maximum term of 72 months
Maximum Loan Amount of $25,000

Secured or Unsecured

Value of your residence may be determined by:

New Appraisal
Prior Appraisal (less than 12 months old)
Current Tax Appraisal

Amount of the loan cannot exceed appraised amount minus any debt owed on your

Residence. Closing costs paid by Member.

Effective July 2008 Terms and conditions subject to change without notice.

The skyrocketing cost of fuel is hitting most Americans harder and harder each month. Share this timely article with your staff and members to help them ease the pain at the pump.

25 Ways to Save at the Pump

Don't let skyrocketing fuel prices drive you crazy - you can put an immediate dent in your gas expense.

1. First, nothing will save you more money at the station than a fuel-efficient car. Large, heavy vehicles can burn up to three times as much fuel as a small car. If it's time for a trade in, seriously consider purchasing a car that was built to get good gas mileage. The following twenty-four additional tips will speed up your savings even further - print them out and keep them on your dashboard as a daily reminder!
2. Make sure your air filter is clean
3. Keep your tires filled with the right amount of air
4. Keep your clutch adjusted
5. Have enough - and clean - engine oil in your car
6. Use your air conditioner sparingly
7. Remove heavy objects from the car
8. Choose the route with the flattest terrain and fewest stops
9 . Remove unused bike and luggage racks to make your car aerodynamic
10. Keep the windows closed when traveling at high speeds
11. Avoid traffic jams and stop and go traffic
12. Bike, walk, or use public transportation whenever possible
13. Turn the car off rather than idle (when appropriate)
14. Don't warm up new cars - most don't need it
15. Avoid traveling at fast speeds in low gears
16. Drive the speed limit
17. Use cruise control on the open road, when safe
18. Use downward slopes to your advantage
19. Accelerate slowly when leaving the stop light
20. Buy regular unleaded versus the highest priced gasoline - most cars are built for it
21. Don't rev your engine
22. Arrange for car pools to share the cost of gas
23. Use your car only for necessary trips
24. Use your navigation system (if available) to avoid getting lost and wasting gas
25. Combine errands into one trip

Financial Education as an Investment in Your Members

A recent article on Callahan & Associates' www.creditunions.com site addresses the importance of the credit union role in member financial education and discusses whether credit unions view education and counseling for their members as an investment or an expense.

In Back to Basics: Credit Unions Should Take the Lead in Financial Education, the author posits that while consumer spending habits have led to financial crisis, loopholes and fees have led consumers further into debt. Further, results of Internet Consortium studies show that members would like to save, but 53% of respondents indicate they don't have two months of living expenses set aside for emergencies. Other member feedback demonstrates the need for education on money management and savings. An interesting point regarding credit union education the author makes is "...many credit unions are already offering some tools in this area, so the challenge is increasing awareness and usage."

The same holds true for your BALANCE partnership. Making counseling and education through BALANCE is a great step in ensuring your members' financial success. Be sure they know this benefit is available to them through your website, newsletters, staff referrals and content in mailings. Review our Partner Tools website to see the tools available for promoting awareness. Or, contact your Partner Relations Manager to review ideas and best practices for ensuring that your investment in your members pays off in your members overcoming their challenges and reaching their financial goals.