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 0.50% off their approved rate on certain types of loans if they have the following:
- 0.25% 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 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.