Trade Association Recognizes
Carolina Foothills for
First Time Auto Buyers Program
Charlotte, N.C. — The Carolinas Credit Union League (CCUL) recently awarded Carolina Foothills Federal Credit Union the Louise Herring Philosophy-In-Action Member Service Award at the Connect Conference on February 1, 2018. This award is given to a credit union for its practical application of credit union philosophy within the actual operation of the credit union. It is awarded for internal programs and services that benefit membership.
In 2017, Carolina Foothills Federal Credit Union began offering an education-based financial loan product, called Right Path. This program is specifically for members ages 18-25 who have never had a vehicle loan. It teaches the member the wise use of credit and how to manage a checking account; what is involved in owning a vehicle, like maintenance, taxes, insurance; and why you should protect your good credit rating by making your payments on time. After all educational steps are complete, the credit union makes a vehicle loan to the member without a co-signer and tracks their success.
Carolina Foothills President/CEO Scott Weaver said, “Carolina Foothills has always been sensitive to the needs of its members. We are pleased to be recognized for our efforts. Going forward, we will continue to start our young adult members out on ‘the Right Path’ to auto ownership.”
Carolina Foothills Federal Credit Union, chartered in 1960, has over 14,000 members,
approximately $106 million in assets and branches in Spartanburg, Greenville and Gaffney, SC.