Health Advantage is a time-tested credit union with old-fashioned values that haven’t changed since 1973. They are committed to being a community bank, supporting the regional economy, and providing low rates for their members. They specialize in business lending and offer quality financial products from checking to home mortgages. And they have been recognized by the U.S. Small Business Administration as having one of the best financial products on the market. You can join Health Advantage Credit Union in one of two ways. You can join through the Neighborhood Program, which allows you to become a member at your neighborhood branch and get a special membership card that gives you access to their awesome financial products, such as their checking, which is only $10 a month. Or you can join through the Business Savings Program where you only pay $25 for each business and no longer have to worry about your money being trapped in another company’s account. I went with Health Advantage because they had a promotion going on that would let me take advantage of their great service for free.
What is Health Advantage’s business savings program?
Health Advantage business accounts give you the option to save money and have your wages automatically deposited into your savings for as little as $25 a month. If you are interested in investing in your company this is a great option for you. The minimum investment is only $50 so you can put every penny of your hard earned money that you save in this account, and it never goes anywhere. You will also get an interest rate on this account so the more money that you save the more interest that you earn.
What is Health Advantage’s MassMutual Money Management Program?
Health Advantage can help you grow your business. They can offer a variety of products, such as business checking, business savings, and Visa Business Debit Cards for as little as $10 a month with a $0 Monthly Service Charge. With MassMutual Money Management you will gain access to their powerful online tools where you can control your accounts online, pull up transactional history, pay bills online, and more.
What fees do I have to pay at Health Advantage?
When you open an account at Health Advantage they don’t require any maintenance fees or monthly service charges on their accounts. You can open checking accounts for free for life, which is a great deal considering the low monthly payments of $10 a month and the ability to have your wages deposited into your checking account. They will refund an ATM fee charged by another bank if you withdraw money from an ATM owned by another bank. You have unlimited withdrawals at any Health Advantage branch, nationwide. And they also offer optional overdraft protection that you can pay for with a one-time fee of $10 if you go over your checking account balance.
Does Health Advantage have personal loans?
If you are looking to get a personal loan they will hook you up with federal student loans and even offer home mortgages. They can access over $1 billion from their partners and work directly with the Department of Education, so your student loan is guaranteed. They offer home mortgages and give you the opportunity to refinance at any time for just a one-time fee of $125. They also offer personal loans for very low interest rates as low as 7.99% APR, but the minimum amount is not stated in the brochure that I received. You can get a credit card from them too, but there will be an annual fee along with a variable rate.
Conclusion
This offer is definitely worth the $25 for their great service and low monthly fee. There are no balance limits on checking or savings, which is something I love about this company. The only thing that I would require before joining is a local branch to see if that branch has an ATM located nearby. Otherwise, Health Advantage will always be my first choice for a credit union when it comes down to branch locations.
0 Comments