REDDING, Calif. — Members 1st Credit Union is offering discounted loan rates and other support to victims of the Park Fire, which has burned more than 425,000 acres.
“Our hearts go out to everyone impacted by the Park Fire and dealing with the anxiety and uncertainty of what lies ahead,” the credit union said. “We thank our first responders for working tirelessly to extinguish the Park Fire, and keep in mind their safety in order to return home to their families.”
The credit union said it is offering:
- Matching Auto Rates. Members who lost their vehicle in the Park Fire and have their loan with Members 1st can replace their vehicle with a new vehicle at the same interest rate or current promotional rate, whichever is lower.
- Promotional Auto Rate. If a member lost a vehicle in the Park Fire, but did not have it financed with Members 1st, the member can take advantage of a special promotional auto rate from Members 1st.
- Mortgage Rate Assistance. Members 1st said it is offering its Rate Advantage Program to anyone whose home was destroyed from the Park Fire. Upon applying for a mortgage with Members 1st, homebuyers will receive the lowest daily mortgage rate within 180 days of their mortgage application date or the date of their loan closing, whichever occurs first.
- No Lender Origination Fee. Members 1st is waiving its lender origination fee on construction loans to anyone whose home was destroyed in the Park Fire. The lot where the home is to be built must reside within Butte, Glenn, Shasta, or Tehama County.
- Red Cross Donations. Members 1st said it will make a $25 donation to the Red Cross to support Park Fire survivors with every new checking account opened at either of its Chico branch locations at 550 Salem Street or 969 East Avenue through October 31, 2024. New checking accounts must be their first checking account with Members 1st Credit Union to qualify.