RADCLIFF, Ky. – At the midway point of its “Take a Summer Break” loan offer, Fort Knox FCU is reporting that members throughout Central Kentucky have been given the option to skip more than $1 million in loan payments after moving their auto or RV loans to the credit union. That’s 80,000 payment-free days for the families who have taken advantage of the offer so far, the credit union noted.
“We really wanted to create something that would be meaningful for families,” says Ray Springsteen, president and CEO of Fort Knox Federal. “The Take a Summer Break offer can help members lower their loan payments and take a 120 day break from making those payments, just in time to use the extra funds to take a family vacation or pay for back-to-school expenses.”
In addition, the credit union has added a sweepstakes component to the popular Take a Summer Break loan offer. Through Sept. 28, members who move their loans also have the chance to win one of three prizes:
- The Ultimate Tailgating Package
- Weekend on Lake Cumberland
- Escape! To Nashville