Westmark Credit Union
We are a full-service financial institution, owned by our members & committed to the development of their financial future. We have 12 convenient locations.

Questions to Ask Yourself Before Buying a Car

Buying a car is one of the largest purchases most people ever make, which can make the process intimidating. The best way to make sure you get the right car with the right car loan is to do your research before you visit the dealership. Your credit union can be helpful in assisting you as you explore car loans and decide how much you can afford to pay. Asking yourself these questions before you go car shopping can also help you make a smart decision with your car purchase.

How much can I afford to spend?

The monthly payment is what most people focus on when they buy a car, but while that is certainly a significant factor, it is only part of the true cost of car ownership. Don’t forget to calculate the upfront costs, such as a down payment and titling fees, as well as the costs of insurance and car maintenance. Cars have drastically different ownership costs, so rather than basing your calculations on your current car, look for model-specific information.

Where can I find the best loan?

Car loans depend on a number of factors, from the type of car you are buying to your credit score. It’s important to find the lowest rate possible, as it could save you thousands over the life of your loan. Generally, your credit union can offer the most competitive rate, as all income generated from financial products gets reinvested back into member services.

Should I buy new or used?

There is no answer that fits every car buyer, so consider things like your budget and your preferences. Buying a used car can be a sound financial decision, depending on the price, mileage, and reliability of the care, while new cars often come with cost-saving incentives. Some people simply prefer to drive new or used. Explore all of your options before making a decision.

At Westmark Credit Union, we’re dedicated to helping our members make the best financial decisions possible when considering loans, mortgages, savings accounts, and more. Get answers to your questions about car loans in Idaho by calling (208) 523-1071.

Choose Westmark Credit Union for Your Mortgage

When it comes to mortgages, not all lenders are created equal. At Westmark Credit Union, you’ll find low rates and the kind of customer service you expect from a member-owned credit union that puts you first. Watch this video to learn more.

At Westmark Credit Union, we’re able to offer you lower rates than many other mortgage lenders, because we’re owned by our members. Our profits get reinvested into affordable loans and other financial products to help you build your personal wealth and security.

If you are looking for mortgages in Idaho, contact Westmark Credit Union to learn more about how we can help you reach your personal finance goals. Dial (208) 523-1071 to speak to a representative today.

What Parents Need to Know About Saving for College

Raising a child is expensive in many different ways, but one of the most daunting prospects most parents face is saving for college. The good news is that it is possible for even parents with tight budgets to put money aside for their children’s educations, and your credit union is likely to have tools to make it easier. As you build a strategy for funding your children’s college educations, keep these facts in mind.

Starting Early Matters

Parents put off saving for college for a number of different reasons. Some families think that their budgets are too tight to build up any meaningful savings, and others believe that it is a waste of time to save without knowing for sure if their kids will even want to attend college. However, starting early can make a significant difference in your savings. Even small contributions will grow, and putting aside the money now will get you in the habit of budgeting for this kind of saving. If your children decide not to attend college, the money can be used to help them begin their lives in other ways, or you can use it for other family expenses.

Using the Right Saving Account Helps

529 college savings plans are specially designed savings accounts that feature tax-free growth and withdrawals. As long as the money in the account is used at an accredited college or university in the U.S., it can be used without taxation at any point. Your credit union can help you register for a 529 account and understand how to make contributions.

Pre-Paying Is Possible

Many states offer tuition pre-payment plans that let you pay tuition, or a portion of it, at today’s prices that your child can then use when he or she goes to college. These plans are typically for in-state, public schools only, but if your child goes out of state, these plans will usually pay the in-state rate, and you only have to make up the difference.

Let a personal finance expert at Westmark Credit Union help you make the right decisions about saving for all of life’s major moments, from tuition to mortgages. Call our credit union in Idaho today at (208) 523-1071 to get started.

Convenient Ways to Manage Your Westmark Loan

Here at Westmark Credit Union, we try to make it as easy and convenient as possible for our members to access our bank services. Not only does our credit union offer incredibly competitive rates on car loans, mortgages, and other loans; we also make it easy for you to manage your Westmark loans. There are two ways to pay your Westmark loan: from a Westmark account or from a non-Westmark account.

To pay your loan from a Westmark checking or savings account, simply log into our online banking system with your username and password. Our secure online system will direct you to your loan payment options. Or, log into our Loan Payment Center to pay your loan from a non-Westmark account. Payments from a non-Westmark account are subject to a payment service fee.

If you have any questions about our financial services available in Idaho, call Westmark Credit Union at (208) 523-1071 or stop by a branch today. Our other bank services include competitive offers on credit cards and savings accounts.

What to Expect After Losing Your Credit Card

Debit and credit cards are convenient ways of paying for purchases, but they also come with a serious risk. If you lose your credit card, a dishonest individual can use it to accrue significant debt in your name. Additionally, your personal information could be compromised. Although losing a credit card is never an ideal situation, your credit union can help you recover from the loss.

Report the Loss Immediately

As soon as you discover that your card is missing, you’ll need to contact your credit union or other card issuer immediately. Since the contact number is located on the back of your card, it’s a good idea to enter these numbers into your cellphone—just in case. The sooner you notify your credit union of the loss, the sooner they can cancel your card to prevent unauthorized purchases. In addition, making a timely notification is essential for limiting your liability on any unauthorized purchases.

Keep Updated Records

In most cases, reporting a lost credit card and receiving a replacement is a fairly simple process. However, just in case your lost card leads to additional problems, it’s a good idea to keep records. Make a note of when you reported the loss and when you first noticed your card was missing. Keep records of any unauthorized charges on your account.

Know What to Do If You Find the Lost Card

In some cases, people find lost cards before they report the loss. It isn’t always a good idea to keep the card, since the information on it could have been compromised without you realizing it. For example, if you lost the card in a public place, anyone could have copied down your information and left the card there. It’s a good idea to report the card anyway and get a replacement.

Monitor Your Account

After you lose a credit card, you should carefully scrutinize your e-statements. If you find any charges that you do not recognize, contact your credit union and ask for more information about the charges.

Members of Westmark Credit Union should contact us immediately to report a lost or stolen credit card. A representative at our credit union in Idaho will assist you and explain the next steps in the process. You can reach us at (208) 523-1071.

Page 1 of 44 1 2 3 4 5 6 7  . . . 40 41 42 43 44   Next
2520 Channing Way
Idaho Falls, ID 83404

Hours of Operation:

  • Closed Sunday
  • 9:30 AM to 5:00 PM Monday
  • 9:30 AM to 5:00 PM Tuesday
  • 9:30 AM to 5:00 PM Wednesday
  • 9:30 AM to 5:00 PM Thursday
  • 9:30 AM to 6:00 PM Friday
  • 9:00 AM to 1:00 PM Saturday