Weekly Feature



2012-12-12 / Business

Sweet Home Federal Credit Union expands services for clients

by KEATON T. DEPRIEST Associate Editor


Joyce Schmidt, left, Korrie Rydzynski, Tracey Reeves and Kathryn Getz, work to ensure the financial success of their clients at Sweet Home Federal Credit Union, 656 North French Road, Suite 5. 
Photo by Lauren NobilePurchase photos at www.BeeNews.com Joyce Schmidt, left, Korrie Rydzynski, Tracey Reeves and Kathryn Getz, work to ensure the financial success of their clients at Sweet Home Federal Credit Union, 656 North French Road, Suite 5. Photo by Lauren NobilePurchase photos at www.BeeNews.com Since 1957, Sweet Home Federal Credit Union has been serving its clients to the best of its ability.

By the middle of 2013, the credit union will be expanding its services at a new location that will include two drive-through teller lanes and a drive-up ATM.

Initiating the credit union’s expansion in January was a vote by its board of directors to alter its charter and become a community based credit union.

“We can now service anyone who lives, works, worships or volunteers in the Town of Amherst,” said office manager Kathryn Getz.

She said the credit union is a not-for-profit financial institution owned by its members and managed by its board of directors.

Getz said SHFCU was created in the basement of a former manager’s home and then was moved to Sweet Home Middle School. It is currently located at 656 North French Road, Suite 5.

Getz and Senior Loan Officer Tracey Reeves both said they are excited at the prospect of opening the new office next year at 1960 Sweet Home Road across from Sweet Home High School.

“It’ll be so nice to be so visible for everyone,” Reeves said. “We’re really excited. We can better serve the community and it will really make it easier for our clients.”

A groundbreaking ceremony was held Nov. 8 to commemorate the start of work on the new building.

Reeves said SHFCU offers many services to clients, including: a youth savings program, a higher-rate savings account, no fee checking accounts, low rates on loans, first mortgages and home equities and discount entertainment tickets.

“We are also involved in a lot of charity work,” she said. “We participate in the Share and Care program with the Sweet Home School District. We also offer scholarships to high school seniors who are members.”

Reeves said that the credit union differs from a bank because its founded on the principle that its owned by a group of people who are helping other people.

“It’s not about profit,” added Getz. “It’s about what’s best for each member.”

Reeves said SHFCU also has many specials for members throughout the year, including a consolidation program that will be offered in January. The program will help members restructure and refinance a loan.

Getz said the credit union has a $100 transfer award for clients who have moved their checking accounts to SHFCU.

“It’s a big ‘thank you’ for moving your account because we know it’s a lot of work,” she said.

Reeves said the credit union also holds financial literacy classes at area schools so that students can learn about credit reports, establishing checking accounts and shopping for interest rates.

“The goal is to offer the benefits of a credit union to as many people as possible,” she said.

For more information about Sweet Home Federal Credit Union, visit www.sweethome fcu.org or call 691-9187.

email: kdepriest@beenews.com

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