Author Archives: wendy

Mortgage Tips

Who is required to have mortgage insurance? Typically on a conventional loan, if your down payment is less than 20 percent of the value of the home, lenders will require you to carry mortgage insurance. Usually, you pay those mortgage insurance premiums until your loan-to-value ratio (LTV) — this is simply the amount of money […]

Holiday Closures

September 7               Labor Day October 12                  Columbus Day November 11              Veterans Day November 26              Thanksgiving Day November 27              Closing at 1:00 pm December 24              Closing at 1:00 pm December 25              Christmas Day

What is the difference between origination and discount points when applying for a mortgage?

Moneyeconomics.com has a great answer: Mortgage Points are a type of fee paid at closing by the borrower to the mortgage lender. There are two types of points: Origination Points and Discount Points. Each point equals to 1% of the loan amount. Origination points are charged to recover some costs of the loan origination process. […]

We Have Summer Fun Covered!

Welcome to Your Credit Union

Welcome to Amicus FCU! If you joined the credit union for FREE checking or a great auto loan rate and you still have accounts at a bank we hope you will give us the opportunity to become your primary financial service provider. What is the difference of having your accounts with Amicus than a major […]

Amicus’ 51st Annual Meeting

Credit Unions are owned and operated by their members. The annual meeting is the time when credit union members elect, from their membership, individuals to set the policies for the credit union. Adult members will have the opportunity to vote on two board positions. Children and adults have a chance to win CASH prizes. The […]

Dave Ramsey Course Coming Soon

Ask and you shall receive! Financial education, that is. Amicus is gearing up for another round of Dave Ramsey’s Financial Peace University and we want YOU to join us! Where: Amicus Federal Credit Union Classes begin: January 27, 2015 from 6:00pm to 7:30pm Cost: FREE! That’s right, there is no cost to take this class. There is […]

A Gift Just For You

Membership Announcement

Spring Into Summer With A New Toy

Setting your sights on a new toy for your summer vacation? Whether you are in the market for a vehicle, RV, boat, or ATV, stop by Amicus. With pre-approved financing from Amicus, you will be in the best position to buy the toy that is right for you. With a loan from Amicus, you have […]