DOCO Credit Union Plans to Help Members Save $1M by Year End

Staff Report From Albany CEO

Wednesday, April 19th, 2017

DOCO Credit Union kicked off a massive loan savings initiative called “Sit-to-Save” on April 1st to help members collectively save $1 Million by the end of the year.  To achieve the ambitious savings goal, DOCO is inviting members and qualifying potential members to sit down with a credit union representative to review all existing non-DOCO personal loan interest rates and monthly payments.  DOCO is so confident it can save members money by refinancing non-credit union loans that if it cannot, the credit union will pay a $25 cash incentive to its members.  In addition, all members, who participate in the Sit-to-Save opportunity, will be entered into quarterly drawings such as a HDTV, Yeti Cooler and Amazon Echo.

“We are so committed to educating our members regarding financial responsibility and savings that we sometimes have to change things up to get their attention.  Sit to Save is the perfect program to get people in the door to review their current loan status.” states Barry Heape, president and CEO.