OKLAHOMA CITY, Okla.—Focus FCU is donating $10,000 to three local communities as part of a loan refinancing campaign called REFITRI.
The goal of REFITRI is to save the Tri-City area $100,000 in loan interest and to donate $10,000 back to the community once Tri-City members reach the goal. The Tri-Cities include Blanchard, Newcastle and Tuttle communities, and each will receive a portion of the $10,000.
“By refinancing existing loans or obtaining new loans at the low rates Focus FCU offers, people are saving money they can use for bills, debt reduction or back-to-school expenses. The average savings most members have seen is around $500,” said Della Davis, Focus FCU’s Tri-City Branch Manager.
Chandra Goodson, director of community development added, “We are working closely with the local chambers of commerce and each has identified projects they would like to fund with their portion of the donation. Playground equipment, establishing an historical society and a community park enhancement are planned for 2016.