The savings really add up, thanks to Wisconsin credit unions!

Wisconsin credit unions saved their 2.2 million members more than $202 million* in 2011 by providing member-favored pricing for financial services.

Savings were seen for:

Loans	Savings compared to banks
New car loans	$10,349,252
Used car loans	$44,591,519
Personal unsecured loans	$5,553,350
5-year adjustable rate 1st mortgage	$50,271,550
30-year fixed rate 1st mortgage	$355,128
Home equity/2nd mortgage loans	$17,561,758
Interest rebates in period	$110,576

$128,773,133 in total savings in lower loan rates

 

Savings Accounts	Savings compared to banks
Regular savings accounts	$4,938,460
Checking	$1,671,651
Money market accounts	$9,417,775
Certficate accounts	$16,509,146
Retirement (IRA) accounts	$4,131,814

$36,668,846 in total savings on higher savings rates

 

Fees	Savings compared to banks
Across all types of accounts	$36,550,331 in total savings on lower/fewer fees

STATEWIDE TOTAL MEMBER SAVINGS $202 million

* Preceding 12-months ending September 2011

Find more information online!

Click here for more resources from The League

View our Scorecard, which details how credit unions deliver value to their members