Relationship Benefits

What are Relationship Benefits?

POPA Relationship Benefits1 is a loan discount program and savings program that members can utilize on their approved loan rate. Members can access a rate reduction of up to 0.75% off their approved rate on certain types of loans if they have the following:

  • 0.50% discount when you have
    direct deposit2 or automatic payment.
  • 0.25% discount when you have
    eStatements , and a POPA credit card.

Also, if members have full relationship benefits (i.e. direct deposit of $250 minimum or automatic payment; eStatements and a POPA credit card), they can earn a 0.10% APY3 increase on a new share certificate as well!

1 Relationship Benefits are available on all closed-end consumer loans except Drive4Less, PAL, Shield Loans, and Credit Cards. Relationship Benefits do not apply to Real Estate Loans (First mortgage, Home Equity Line of Credit, and Home Equity Express)

2 The minimum amount for direct deposit is $250 per month.

3 APY=Annual Percentage Yield.