CHARLOTTE, N.C. — Carolina Postal Credit Union is enticing members to make the credit union switch and ditch their high interest rate.
The "Switch and Ditch" campaign targets members who have a car loan at another financial institution, in particular banks and finance companies. As part of the promotion, Carolina Postal is lowering the member's current car loan interest rate by 2% and gives them $50 cash at the time of the loan closing.
"We strongly believe credit unions are about the member," said Carolina Postal CEO Joy Watts. "And we constantly look for ways to help out our members, save them money, and reward them for being a Carolina Postal member. This campaign accomplishes all three of those elements."
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