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We do everything we can to avoid foreclosing on a home or repossessing a vehicle or mobile home. But sometimes it’s unavoidable.
And when that happens, we need to do something to recoup the loss that would otherwise be passed on to you – our shareholder. So we sell it at auction, frequently at a significant savings to you.
We’re not looking to make a profit. We’re looking to avoid a loss.
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Federally insured by NCUA.