Quick Pay and Skip-A-Pay

Make a loan payment or skip your upcoming loan payment without logging in to Online Banking!

Upgrade your credit card this holiday season.

Earn a $50 bonus when you open a Visa Platinum Credit Card and make a qualifying balance transfer within 30 days. Balance transfer rates are as low as 4.99% APR!*

Connect to Cash with Xfinity.

Get up-to-the minute special deals, plus get an exclusive credit union member cash reward of up to $150 from Love My Credit Union Rewards when you purchase and connect select Xfinity services.

Looking for the Perfect Set of Wheels?

Try our iTHINK Financial Auto Buying Service. Begin your search for your next car today!

Teen Checking Starts Here

Our new myWallet Youth Checking Account is a great option for kids ages 13-17 to get started on their financial journey with no hidden fees.

Save more with a promotional Certificate!

Start saving for your future with our limited-time {{RatePlaceholder}} APY* {{RatePlaceholder}} Certificate!

Appointments at your convenience.

Set up in-branch or phone appointments using our new online scheduling tool.

Featured Products

You can turn to iTHINK Financial for the right solutions to all of your financial needs!

Visa® Platinum Credit Cards

Variable rates as low as {{RatePlaceholder}} with no annual, cash advance, or balance transfer fees.

Auto Loan

Vehicle Loans

Get great rates as low as {{RatePlaceholder}}% APR, fast approvals and personalized service.

Mortgages

Mortgages

When you are ready to make a move, we'll make it easy with a variety of home loan options.

Checking

Checking Accounts

We offer the perfect checking account to match your lifestyle.

creditcard-icon

Savings Accounts

Start saving for your future today! We offer many savings options to fit the way you live.

Digital Banking

Digital Banking

Our 24/7 online services will simplify your banking. Check balances, deposit checks, transfer funds, pay bills and more, all from your desktop, tablet, or mobile phone.

To Buy or To Lease Your Car?

By: iTHINK Financial | Jan 10, 2016

It’s the question everyone is asking, and it seems like everyone has an opinion on the subject. Neither option, however, is right for everyone. The best plan is to study the facts, know your options, and make the choice that best fits your individual needs. 

Read on to learn the advantages and disadvantages of buying or leasing your next vehicle.

Buying

Buying a vehicle has many advantages. You have full control over the vehicle the minute you drive it off the lot. It’s your decision if you want to paint it or get the windows tinted. There are no mileage or wear and tear restrictions, either. At the end of the payment period, you will have full ownership of the vehicle and can claim it as an asset. The downside of buying is that the vehicle will devalue over time and only be worth a portion of what you paid when you turn it in. Also, if you decide to trade it in before you pay it off, you may end up being upside down on your trade-in. In other words, the trade-in value of the vehicle would be less than what you owe on your loan.

Benefits

  • Immediate ownership interest
  • No mileage or wear and tear limitations
     

Drawbacks

  • Higher down and monthly payments
  • Maintenance and repair costs after warranty expiration

 

Leasing

Leasing is a great way to upgrade your current vehicle without upgrading your monthly payment. In most cases, you can lease a vehicle for less per month than if you had purchased it. At the end of your lease term, you can just return the vehicle to the dealership and not have to worry about being upside down on your trade-in. Make sure that you are planning on staying within the parameters of the lease before you sign on the dotted line. For instance, you need to know the wear and tear and mileage restrictions. It’s very important that your mileage allowance is higher than the amount you plan to use. Going over the allotted amount will result in additional fees.

Benefits

  • Drive a new car more often
  • Pay a lower monthly payment than with financing
     

Drawbacks

  • Mileage restrictions
  • Continuous payments

So is it better to lease or buy? That’s really up to you. The most important thing is to be educated on both choices. If you are someone who wants a new car every few years, drives short distances and takes impeccable care of your car; than leasing may be the option for you. If you prefer to customize your car, drive it long distances and keep it for several years; than buying is the route for you.

Learn about Auto Loan options at iTHINK Financial.

Upcoming Events

Check out the upcoming events happening at iTHINK Financial.

dec 01

Donations for Jacob

DECEMBER 1ST, 2021 @ 12:00AM - JANUARY 1ST, 2022 @ 12:00AM

dec 24

Christmas Eve Closure

DECEMBER 24TH, 2021 @ 3:00PM - 6:00PM

dec 31

New Year's Eve Closure

DECEMBER 31ST, 2021 @ 3:00PM - 6:00PM

jan 17

Martin Luther King, Jr. Day Closure

JANUARY 17TH, 2022 @ 12:00AM - JANUARY 18TH, 2022 @ 12:00AM

feb 21

Presidents' Day Closure

FEBRUARY 21ST, 2022 @ 12:00AM - FEBRUARY 22ND, 2022 @ 12:00AM

Not a Member? Join us today!

It's easy to join! Apply for your lifetime Membership with iTHINK Financial in about 10 minutes.