STRATFORD, Conn. (3/3/14)--Employees of Sikorsky Aircraft had the opportunity to learn about credit scores straight from their credit union--Sikorsky Financial CU--during a recent lunch-and-learn session.
The Stratford, Conn.-based credit union advised 20 people in attendance and another 50 who dialed in from around the country about how FICO scores affect loan rates and what members can do to improve their scores.
In addition to branches located in Connecticut, the $677 million-asset credit union has branches in its three factories--Stratford and Bridgeport, Conn., and West Palm Beach, Fla. Sikorsky Aircraft is best known for its helicopters used for military operations.
Building and maintaining a credit score can help members save money with lower rates for auto loans or mortgages, said lending manager Bryan Flores.
"I had so many questions on my FICO score answered today," said Temi Akingboye, an employee at the Stratford plant.