This is a great deal. We are looking forward to seeing some great results from this new auto loan promotion. We cannot wait for September to roll around to see who is going to be the big winner of the $15,000 cash prize
Santa Fe, NM (PRWEB) June 22, 2011
State Employees Credit Union of New Mexico is excited and proud to announce the launch of their new auto loan promotion contest with a GRAND PRIZE of $15,000 cash money paid out to the winner. The promotion is being offered for a limited time with the final chance to enter ending on August 31, 2011. Prospective new auto loan customers with the State Employees Credit Union can enter the contest several different ways. They are as follows:
1. Refinance an Existing Auto Loan from another financial Institution with State Employees Credit Union of New Mexico - A borrower can refinance their current auto loan with the State Employees Credit Union of New Mexico and be entered to win the $15,000. The borrower will receive an auto loan from State Employees Credit Union that has an interest rate that is 2% lower than the interest rate on their current loan. The minimum interest rate of 3.24% annual percentage rate will apply. The new borrower will receive $100 for refinancing with State Employees Credit Union and another $50 for establishing a new account (must be a new member to receive the $50 cash for establishing a new account). The loan amount must be $5,000 or higher. There are no payments due for 60 days. The loan account must remain open for 6 months.
2. Finance your New Auto Purchase with State Employees Credit Union of New Mexico – A borrower using the SECU for auto financing to make a new vehicle purchase will be entered to win the $15,000 cash prize in the promotion. The loan amount minimum is $5,000, the loan must remain open for 6 months, and the minimum interest rate is 3.24% annual percentage rate. All potential borrowers can get pre-approved through State Employees Credit Union’s online application
Vice-President of Lending Emilio Atencio, “This is a great deal. We are looking forward to seeing some great results from this new auto loan promotion. We cannot wait for September to roll around to see who is going to be the big winner of the $15,000 cash prize.”
About State Employees Credit Union of New Mexico
Established in 1958, SECU is a non-profit organization headed up by President and CEO Harold Dixon. As of May 31, 2011 the organization has total assets of $288,157,096, total liabilities and member shares of $257,208,321, and total equity of $26,755,355. State Employee Credit Union branches are located in Santa Fe, Albuquerque, Belen, Las Vegas, and Los Lunas, New Mexico. There are over 33,000 total State Employees Credit Union of New Mexico members currently. The organization offers three types of checking accounts, six types of savings accounts, one type of share certificate account, three types of individual retirement accounts, six types of loans including auto loans, personal loans, secured loans, unsecured loans, home equity lines of credit, mortgage loans, online banking, online bill pay, eStatements, Telephone banking, ATM and Debit Cards, and MasterCard Credit Cards.