Horizon Federal Credit Union Saves Members Over $ 1 Million | Business


Williamsport, Pennsylvania – With branches in Williamsport, Lock Haven and Muncy, a local financial institution said it has taken a significant step forward in terms of savings for its customers.

Horizon Federal Credit Union said it has a vision: “to help people achieve a brighter financial future.” This year, the credit union said it achieved that goal by helping its members save over $ 1 million in interest by refinancing loans they had from other financial institutions at a better rate and at a better rate. duration at Horizon.

“It’s really amazing how much money our members have been able to save,” said Horizon CEO Justin Howard. “A million is a huge number; I can only imagine the positive impact this has on our members’ monthly budget.

The lender has been able to cut many loan rates in half, Howard said, saving some members hundreds of dollars each month on their payments.

Jeffrey and Marissa Y of Williamsport, Pa., Were the members whose loan “broke the $ 1 million threshold,” Horizon said. The couple had refinanced their car loan and transferred their main checking account to Horizon.

In addition to the savings on the loan, they also recognized that Horizon’s new location on Lycoming Creek Road was much better in terms of convenience and service compared to their experiences at their old financial institution, according to Horizon.

Related Reading: Horizon Federal Credit Union Opens New Locations in Lycoming County

These new locations – one on Lycoming Creek Road and one on Lycoming Mall Drive in Muncy – double the footprint of the $ 135 million credit union branch, which employs 50 people and serves 14,000 members.

Horizon Federal Credit Union is owned by its members. Their services are available to anyone who lives, works, worships or attends school in Bradford, Central, Clinton, Columbia, Lycoming, Montour, Northumberland, Potter, Sullivan, Tioga and Union counties.

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