BayPort Wins Three CUNA Diamond Awards for Marketing Campaigns, Financial Education
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NEWPORT NEWS, Va., April 21, 2021 /PRNewswire/ BayPort Credit Union is pleased to announce it was honored with three Diamond Awards by the Credit Union National Association (CUNA) Marketing and Business Development Council. BayPort won two Diamond Awards in the Complete Campaign category for its Credit Score and Home Equity promotions and one Diamond Award in the Financial Education category for its Credit Checkup Challenge campaign.
In early 2020, BayPort launched Credit Score, powered by award-winning fintech company SavvyMoney, the newest service within its online banking and mobile app. Utilizing a comprehensive digital promotion, BayPort achieved a 30 percent adoption goal within the first eight months of launch, ranking BayPort No. 1 among SavvyMoney partners with more than 25,000 online banking users and No. 3 among partners launched
BayPort Wins Three CUNA Diamond Awards for Marketing Campaigns, Financial Education
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LOS ANGELES, Calif. /Massachusetts Newswire – National News/ South Bay Credit Union – Member-owned not-for-profit financial cooperative, today announced the launch of a limited time offer on their Home Equity Line of Credit (HELOC) program to homeowners in the South Bay Los Angeles Area.
Homeowners can borrow up to $500,000! (or 80% of appraised value, less 1st Trust Deed, owner-occupied). Borrow what you need when you need it, and as you repay your principle that money becomes available to borrow over and over again. The interest on a HELOC may even be tax deductible (check with your tax advisor for details).
“The goal with our HELOC program is to help our members access funds through equity available in their property,” says David Ellings, CLO. “With mortgage rates steadily increasing, and it is becoming more difficult for homeowners to refinance due to outcomes from the Pandemic and other life circumstances, a HELOC could really help our members pay off high-rate i