Financial Education

Hey Baby Boomers! We're Here for You

At Chaco Credit Union, we make it our mission to serve your financial needs at every age and stage of life. If you belong to the baby boom generation (those born from 1946 to 1964), then you're in good company. While every credit union's membership is different, research suggests that more than 40% of credit union members are baby boomers.*

It's fitting that many baby boomers have made credit unions their financial home, because this generation has a history of seeking alternatives to traditional ideas and institutions (such as big banking). Being a member-owner of a credit union is appealing and empowering, because credit unions work for people – not for profits – and members have a say in how the credit union is run.

Financial Solutions Off the Beaten Path

Baby boomers' financial plans may include borrowing, saving and investing – but not necessarily in that order. They may manage multiple goals with creative and unconventional financial planning, from saving for retirement and paying for college tuition to refinancing a mortgage or taking a new career path.

Chaco is tuned in to your unique goals, and we're ready with a lineup of products and services that are flexible to fit your needs.

Loans for your lifestyle. We offer competitive rates on home mortgages. Low rates on auto loans, home equity loans and personal loans to help you get where you need to be. Our refinancing options can help you pay off a first or second home or vehicle faster, and/or lower your monthly payments so you can focus on other financial goals.

Saving for the unexpected. Our savings accounts, share certificates and money market accounts help keep your emergency funds afloat. Building up emergency savings is particularly important if you juggle multiple responsibilities – perhaps caring for aging parents or providing financial support to adult children.

Investing with an attitude. Our financial advisors can help you plan your portfolio for a brighter future, whether that means supporting a comfortable retirement or continuing to work. And even though retirement is a top goal for many baby boomers, we understand that this generation won't be retiring to the proverbial rocking chair anytime soon!

Banking online or at a branch. You don't have to be 20-something to keep up with online banking and bill pay. In fact, online banking is becoming uniformly popular across all age groups, according to a survey of Internet users.** When you want the convenience of fast, friendly in-branch service or access to free ATMs, Chaco has you covered.

Call 513-785-3500 to learn more about what we have to offer, or visit www.chacocu.org.

* Source: Credit Union Times, Dec. 1, 2010.

** Source: Pew Internet & American Life Project, Generations Online in 2010.

Our Difference is Simple

When it comes to your financial plan, we understand what you need now and more importantly, what you need tomorrow. We are here to help you get the most out of both. Whether just starting out or preparing to retire, we help you become financially prepared and fully informed. At Chaco, we bring you the same expertise and competitive services as other institutions, but with the compassion and genuine care that can only come from being member-owned and operated. From CDs and savings to mortgages and more, we work to keep things simple when it comes to your finances – so you can focus on your life. And that makes a difference.