One of my top priorities is to always make sure we are keeping you informed of changes and improvements we are making for you. I’m pleased to announce that next year will bring one of our most significant technological transformations in the credit union’s history! Next summer, we will convert our core processing systems to a new platform that will allow us to deliver a superior member experience with us while doing your banking.
As technology continues to evolve, our goal is to ensure you are able to transact and interact with us at your convenience. We understand the need for instant banking access and that’s why we are investing significantly in the latest technologies. Statistics show that over 61% of Internet users and 35% of cell phone users utilize their personal devices for banking. This is why we continue to add more electronic services that are available to all members 24/7, through our web site and mobile app.
Choosing a financial institution for your small business involves more than just opening a new account at your local bank and then picking the branch closest to your office. You need to understand what services you require and how much they cost. You need to walk through all of your options, but interestingly, most business owners spend more time shopping for a $300 laser printer than they would shopping for a bank.
As my frequent readers know, we periodically evaluate our products and services, hours of operation, security and technology, staff and branch locations so as to ensure that we are always doing what is best for the membership and the credit union! As the lease for our East Windsor branch was coming up for renewal, we were unable to settle on fair and appropriate lease terms with our landlord. For this reason, this branch located at 137 Prospect Hill Road will no longer be in service after the close of business on Saturday, August 29, 2015.
The most valuable thing you own is your home, so making sure you have the best options available to you is important to us. Whether you want to borrow for home improvements, educational expenses, debt consolidation, or major purchases, a home equity loan or line of credit from Nutmeg is the right choice. Because home equity lines of credit and loans are secured by the equity in your home, the rates are typically lower than on most other loans.