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American Airlines Federal Credit Union Raises $50,000 to Benefit the Tarrant County United Way

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Press Release
Source: American Airlines Federal Credit Union
Tuesday July 11, 10:59 am ET

FORT WORTH, Texas, July 11 /PRNewswire-FirstCall/ -- American Airlines Federal Credit Union (AA Credit Union) is proud to announce the 10th Annual AA Credit Union Golf Tournament netted approximately $50,000 in donations to the Tarrant County United Way. The tournament took place on Friday, June 9, at Texas Star Golf Club in Euless, Texas.

"This was a great event for the United Way and American Airlines Federal Credit Union," said Carol Brown, Senior Vice President of Finance and Technology at AA Credit Union. "We were able to raise a lot of money for the United Way and spend a great day building relationships with our partners and leaders within our field of membership."

The tournament was sponsored by various Credit Union partners, including: Global Vision Systems, Inc., Summit Information Systems, Clarke American, CUNA Mutual Group, DFW Auto Auction, Digital Insight, IDS, Inc., Prime Alliance, Remarketing Solutions, Inc., Van Kampen, Boeing ECU, CSC Credit Services, Enterprise Car Sales, The Closing Table, United Guaranty and many others.

The check for the final amount will be presented at the Annual DFW Airport United Way campaign kick-off breakfast in the fall. To learn more about AA Credit Union, and to become a member, visit http://www.AACreditUnion.org .

American Airlines Federal Credit Union was founded in 1936, and today serves the present and retired employees of American Airlines, their family members and others who work in the air transportation industry. AA Credit Union has more than 204,000 members and assets of $4 billion. As a cooperative financial services institution, the Credit Union's goal is to provide the best possible benefits and services for its member-owners.

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

Most people think of a mortgage as a means to an end. After all, you buy a house, not a home loan. But a mortgage is much more than the path to homeownership. It is a financial instrument that must be managed, just like any other financial investment.