WOW Story: A Team Effort to Save a Home and a Family’s Peace of Mind

Happy credit union members

When Cheryl welcomed Mr. Fox into our Poulsbo branch, she expected a routine conversation about debt consolidation. But what unfolded was a deeper, more personal story. Mr. Fox and his wife had accumulated a substantial amount of debt and were seeking help to regain control of their finances.

As Cheryl spoke with them and pulled in Ylma for support, they discovered something more urgent: the couple had fallen behind on their property taxes, putting their home at risk. Rather than proceed with a personal loan as originally intended, Ylma quickly suggested an alternative—a Home Value Loan (HVL). It was a smart pivot that enabled us to consolidate their debts while also paying off the overdue taxes.

With their property taxes brought current and their debt restructured, the Foxes walked out with a huge weight lifted. Their monthly expenses were lower, and their most important asset—their home—was safe. It wasn’t just a loan; it was peace of mind.

Next Steps

There are many resources available from Peninsula Credit Union to help you take steps to securing your financial future. Here are just a few:

WOW Story: Staying with PCU for a Better Financial Future

Sherry, a member in Poulsbo, was considering closing her accounts to move to another financial institution offering high certificate rates. … Read More

WOW Story: Lending Language, Trust, and Support in Belfair

When a member of the community needs help, sometimes it’s not a transaction—it’s a matter of dignity, safety, and trust. … Read More

WOW Story: Keeping It Local—And Saving Big in Poulsbo

When the Pattersons walked into the Poulsbo branch, they thought they were on their way out. They had stopped in … Read More