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Everything You Need To Know About The Equifax Breach

Proactive Steps after the Equifax Data Breach In a recently revealed breach, the scope of which the country has never before seen, 143 million Americans may have had their personal information exposed. Equifax, one the nation’s three major credit reporting … Continue reading

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Dealing With A Financial Setback

Financial setbacks come in all shapes and sizes. It can be an expensive household repair or major car trouble. It may be increases in your insurance plus a rent hike taking effect at the same time. Or, it can be … Continue reading

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Can Living Frugally Make You Happier Than When Living Lavishly?

Do you believe money is the key to happiness? Somewhere deep inside, we all know that money cannot buy happiness. Many people overspend and rack up thousands of dollars in credit card debt to live a lifestyle they believe will … Continue reading

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Creative Ways To Save On Energy Costs

Cut Energy Costs Are your summertime electricity bills astronomical? Check out our list of 10 creative ways to trim your bill in the summer and all year ’round! 1.) Plant trees If your home has lots of west-facing windows, you’re … Continue reading

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Back-To-School Savings

12 Ways to Save During Back-to-School Season! Q: Is there any way to get through the back-to-school season without spending a small fortune?   A: Back-to-school time is the second largest shopping season of the year. If all that spending … Continue reading

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6 Ways To Save On Your Summer Vacation

Vacation Time! The ocean is calling – and so is the open road. Your dream vacation awaits! But first, you need to work out the financial details. How are you going to pay for your getaway? How much can you … Continue reading

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Financial Tips For Single Parents

Single parenting brings unique budgeting challenges. The U.S. Department of Agriculture reports that it costs an estimated $241,080 for a middle-income couple to raise a child to age 18 – and many single parents shoulder that responsibility alone. Even with … Continue reading

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Newlyweds: Don’t Let Financial Stress Take the Cake

How Newlyweds Should Talk about Money There are so many things to think about when you’re just married, or about to be, and no one would rate finances as the most exciting of them. In fact, studies show that money (not … Continue reading

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Safety First: Preparing For Hurricane Season

Have a Plan this Hurricane Season? Statistics show that 97% of hurricanes in the Atlantic occur between June 1 and Oct. 15. This is according to researchers from the National Oceanic and Atmospheric Administration (NOAA). In the Pacific, that date … Continue reading

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Getting the Most Out of Your 705 Youth Accounts

705 Youth Accounts  Managing money is a foundational life skill. There are so many factors involved and so many open-ended questions at play. How much should you be saving? When is it worth spending more? How do you keep spare … Continue reading

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Credit Scores Explained in (Exactly) 250 Words

What credit scores are: Three-digit numbers expressing the likelihood you’ll repay someone who lets you use their money (like a loan or credit card). Who has a credit score: People who have been listed on an account that was reported to … Continue reading

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Feeling Stuck In Your Car Loan? Shop Around!

How much could refinancing your car loan save you? Bills are a lot like bad weather. They’re going to come anyway, so you might as well not try to fix them, right? For some bills, that’s the case. For others, … Continue reading

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Staying Healthy During Flu Season

5 Healthy Hacks! This time of year, everyone’s got a sniffle, cough, or worse-the dreaded flu bug! These viruses have evolved to be  highly resistant to our efforts to contain them. While we can’t prevent the disease completely, we can … Continue reading

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HOW MUCH 20-SOMETHINGS SHOULD SAVE

Your 20s may seem like an odd time to think of saving for retirement, but it’s actually the perfect moment to start planning for your later years. That’s because the earlier you start saving, the more time your money has … Continue reading

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7 Banking Tips for Young Millennials

Banking Best Practices Once you start receiving your first paychecks after graduation, knowing how to spend or save your money wisely can be tough. While you may be able to do your banking with just a few taps on your … Continue reading

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Don’t Bet Your Retirement On An 8% Return

Planning for Retirement Planning for retirement can seem overwhelming. Here are Section 705’s suggestions for a successful future! In investing, time in the market is crucial. If past growth rates continue, the time you leave your savings alone actually matters … Continue reading

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Help! I Overspent On Christmas!

Buyer’s Remorse after Christmas? It’s easy to go overboard for Christmas. Giving extravagant gifts to your family members seems like a great idea…until you’re facing a huge credit card bill in January.   However it happened, approach this problem rationally. … Continue reading

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7 New Year’s Resolutions For A Richer 2017

New Year, New You! The New Year is a great time of renewal. That makes it a good time to make bold, decisive changes in your life. Leave behind the baggage that was 2016 and start fresh with a blank … Continue reading

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How Not To Bust Your Holiday Budget

Holiday Budget Tips According a T. Rowe Price survey, more than 50% of parents will aim to get everything on their kids’ wish lists this year. Many of these parents will be paying for these gifts for months, or even … Continue reading

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Make The Nice List With Your Credit Card Use

Naughty or Nice? Credit Card Spending It’s that time of year again. He’s making a list, and he’s checking it twice. Of course, we’re talking about the major credit bureaus! With holiday spending season upon us, it’s time to broach … Continue reading

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Make The Nice List With Your Credit Card Use

Naughty or Nice? Credit Card Spending! It’s that time of year again. He’s making a list, and he’s checking it twice. Of course, we’re talking about the major credit bureaus! With holiday spending season upon us, it’s time to broach … Continue reading

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HOW TO STAY SAFE WHEN SHOPPING FOR HOLIDAY GIFTS ONLINE

Want to avoid long lines and large crowds this holiday season? Shopping online lets you zip through your list with just a few clicks. Before whipping out your plastic, however, you’ll want to make sure you’re shopping on a secure site. Use … Continue reading

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BEST WAYS TO SAVE AT THANKSGIVING

  Thanksgiving is a time to gather with loved ones for a satisfying meal and kick off the holiday season. If you pay current prices for your menu items, though, you could blow a chunk of your holiday budget before … Continue reading

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Five Business Owner Resolutions For A Better 2017

2017 Resolutions for Business Growth The New Year is the perfect time to reinvent your business. Decide what you want 2017 to look like, then put on your entrepreneurial shoes and get to work! Here are five resolutions you can … Continue reading

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7 Banking Tips for Young Millennials

Once you start receiving your first paychecks after graduation, knowing how to spend or save your money wisely can be tough. While you may be able to do your banking with just a few taps on your phone, managing money … Continue reading

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Job Security: Four Practical Ideas For Making Yourself Indispensable

Job security can do wonders for your morale and your peace of mind. Unfortunately, 40% of Americans fear they will lose their jobs in the next 12 months, according to a Pew study. That’s bad news both for companies and … Continue reading

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Celebrate International Credit Union Day: The Authentic Difference

ICU Day: The History behind It All! For more than 160 years, credit unions have put people before profit.    In the 1850s, hard times hit Germany, and people turned to each other for help. They removed small savings from … Continue reading

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Is Fall the Best Time to Buy a House?

Sometimes it’s smarter to buy certain items according to the season, like sweaters near the end of  winter and swimsuits in late summer. But what’s the best season for buying a house? The answer: the fall. As temperatures cool and trees shed their … Continue reading

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Bring Back the Brown Bag!

  Bring Back The Brown Bag: Saving Money On Lunch The Old-Fashioned Way Move over, breakfast! Lunch is the new king: Recent studies show that employees who take a lunch break are more likely to be productive in the afternoon … Continue reading

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E-Statements: Safer than Paper Statements? See How!

Reluctant to Go Paperless? With identity theft on everyone’s minds these days, it’s not hard to see why e-statements are something you might hesitate to sign up for. After all, cyberspace is kind of big and scary and full of … Continue reading

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5 FINANCIAL TIPS FOR FALL

705 Fall Saving Tips Fall means dreams of pumpkin spice lattes, turkey dinners and a cozy holiday season just around the corner. Here are five ways to make sure you’re financially well-equipped for the last stretch of the year. 1. … Continue reading

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Disaster Relief After the Historic Flood

The past week our community has really come together as one after the devastating results of the Historic Flood. Too many of our own are displaced, staying with family, or in shelters after the wrath of Mother Nature. We want you … Continue reading

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SMART WAYS TO CUT BACK-TO-SCHOOL COSTS

The end of summer inevitably means a mailbox overflowing with back-to-school sale advertisements. But before you fill your shopping cart, ask yourself these five questions to keep more money in your pockets as you kick off the school year. DO … Continue reading

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Going Green: Save The World While Saving Money

What Do Credit Unions and “Going Green” Have in Common? The answer is more than you think! Utilizing Section 705’s E-Products is not only convenient, it is also extremely environmentally friendly. If making a smaller carbon footprint is something that … Continue reading

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How Boomers Can Retire The Way Millennials Work

Retire Smarter, Not Harder! You may have noticed a surge in the number of ponytails and slightly exposed tattoos around the workplace water cooler. Or perhaps you find you now need to get to the office earlier if you plan … Continue reading

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The Benefits of Banking with a Local Credit Union

  Big banks spend millions of dollars on advertising to convince you that they’re the best places to keep your money. But you might be surprised to learn that your local credit union offers many of the same accounts and … Continue reading

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Don’t Forget to Save for an Emergency Fund!

To Save or Not to Save, It’s NOT a Question! “Save money on the big, boring stuff so that you have have something left over for life’s little pleasures.” – Elisabeth Leamy Quick! How much money do you have put away … Continue reading

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Independence Day Celebrations, Yesterday And Today

Do you know exactly what happened on July 4, 1776? What do our Independence Day celebrations commemorate, and why? The Reason We Celebrate July 4th July 4, 1776 is the date written on the original Declaration of Independence, even though it … Continue reading

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Share Certificate: Keep Your Money Spinning

What IS a Share Certificate? A share certificate is much like the familiar certificate of deposit (CD) offered by banks. It acts like a traditional savings account in that you deposit money to collect dividends over time. It differs from … Continue reading

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Trust Your Intuition To Shop Online (And Offline) Safely

Shopping Online (And Offline) Safety Tips In one way, shopping online is very similar to shopping at kiosks, in shops and in malls. Personal and financial safety is always of great importance, but it’s easy to forget about safety when … Continue reading

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The Two Kinds of Interest: Earning V Paying

Interest Rate 101! Albert Einstein once claimed the most powerful force in the universe was compound interest.  That’s pretty impressive praise from the person whose work helped create nuclear power and atomic bombs.  While interest can be powerful, it can … Continue reading

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The ‘Pink Tax’

What’s the ‘Pink Tax’ Anyway?  Several economic studies have confirmed the existence of a so-called “pink tax,” an inflated price attached to goods and services specifically marketed to women. While theories abound to explain the pricing discrepancy, its existence seems … Continue reading

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Boating On A Budget

Boating on a Budget: Staying Afloat Without Drowning In Debt! Boating on a budget? Is there such a thing? Louisiana is truly “Sportsman’s Paradise!” With so many bodies of water, many would LOVE to spend your spare time unwinding on a … Continue reading

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Student Savings and Discounts 101

How Students Can Get Discounts And Savings Just By Being a Student   There’s no doubting it; college is expensive. For most students, the cost is worthwhile because of the earnings potential that exists on the other side, but what … Continue reading

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When A Savings Account Isn’t A Savings Account

Savings Account 101 For many credit union members, a savings account is a formality. They know, in theory, that saving is important. Maybe they got a bonus at work and stuck $50 in a savings account. Other savings options  that … Continue reading

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40 Ways to Enjoy Summer on a Budget

Summer Fun on a Budget! “Aaah, summer – that long anticipated stretch of lazy, lingering days, free of responsibility and rife with possibility. It’s a time to hunt for insects, master handstands, practice swimming strokes, conquer trees, explore nooks and … Continue reading

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Turn Spring Cleaning Into Cash!

Spring Cleaning = Cash.  The digital age has given so many options to sell your gently used items that you no longer have use for anymore. Gone are the days of only having to go the traditional route of a Garage … Continue reading

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Sleep Deprivation and College Students

Sleep Deprivation is NOT the Only Way! With Finals Week coming up for many college students, the question is “Can you go to college AND get enough sleep?” Here’s a fun game to play at your next study session: Ask … Continue reading

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Deposit a Check with Your Smartphone!

Remote Deposit Capture is a game changer. Imagine you’re talking to someone who’s been in a coma for 20 years. They see you pull a device out of your pocket or purse that is more powerful than the biggest, fanciest … Continue reading

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Three Jars: Kids Saving Challenge

The Three Jars! When it comes to smart money management, transparency is key. For adults, that means keeping accurate records. But how can young children get a real sense of how much of their money goes to spending and how … Continue reading

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Financial Realities V. Financial Priorities

Are Your Financial Realities Keeping Up With Your Financial Priorities? Happy New Year! It isn’t three months late, it’s just a different calendar. That’s because filing your taxes effectively closes the book on the financial year gone by while opening … Continue reading

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Zika Virus – How To Keep Your Family Safe

The Zika Virus Detailed Summer is a wonderful time to enjoy the great outdoors. Whether you’re involved in recreation league sports, hiking, or barbecues, there’s something for everyone. Usually, flying pests are just a nuisance. The worst they do is … Continue reading

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Why Budget?

Why Budget?  Budget:  An itemized list of income and expenses.  It is a projection of costs and revenue for a given time period and made to help people manage expectations and make reasonable spending decisions. One of the most difficult obstacles … Continue reading

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Resume Building 101

Creating Your First Resume Filling out a simple application may have been enough to snag that part-time summer job at the ice cream store during high school. But now that you’re in college, it’s time to graduate to a more … Continue reading

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What Is The Cloud And Is It Safe?

Why do we use the cloud? There was a time we used to buy furniture to hold our media.  CD racks, DVD racks, photo albums and filing cabinets filled our living rooms, guest room closets and wherever else we could … Continue reading

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What Do I Do With My Refund?

We don’t normally like to tell you how to spend your money.  Our members tend to be very good at that, often finding creative ways to turn the hours they’ve spent at the office into new ways to enjoy their … Continue reading

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Lessons of the Powerball

Powerball Financial Self Defense! With the highest Powerball jackpot a few weeks ago, an unprecedented lottery fever swept the nation.  Around watercoolers, in person and virtually, the entire country was consumed with conversations about how to spend a hypothetical windfall.  While you … Continue reading

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Ways to Cut Your Car Costs

VICTORIA SIMONS & ELIZABETH RENTER Cut Car Costs! Here’s How to Start: Americans spend a bundle on their vehicles each year. To cut costs, some people drive less when gas prices are high and buy used when it’s time for … Continue reading

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What Should I Look For In My Credit Report?

Credit Report 101 The beginning of the year is a time of resolutions and renewal.  Even if you’re not the kind of person who hits the gym with renewed vigor come January, getting those post-holiday credit card statements can get … Continue reading

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Charitable Giving

Charitable Giving and Taxes  It’s that time of the year again: a combination of New Year’s resolutions and the start of tax time has many of us looking for a place to donate money.  It can be difficult to figure … Continue reading

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New Year’s Resolutions

New Year’s Resolutions? We Have Some Easy Suggestions! By the end of January, many of us will have forgotten all about our New Year’s resolutions. It can be difficult to change our lives, even when it’s for the better.  Knowing this, … Continue reading

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Is 2016 The Year For Cable Cord Cutting?

Just Say No to Cable. Cut the Cord! Why is the cable/satellite bill so frustrating?  Is it because the bill seems to go up every so often (and 2016 will be no exception) for reasons that are, at best, baffling? … Continue reading

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This Guy Paid Off His Mortgage In Three Years. So, Why Does He Regret It And Why Is Everyone Angry At Him?

Paying Off Your Mortgage Too Soon? There’s not much in life that is more freeing than finally paying off a large bill. Suddenly, our checking accounts are flush, the future feels more open, and even our favorite jeans seem to … Continue reading

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Was There A Credit Union At The First Thanksgiving?

Credit Unions and Thanksgiving? The short answer is no, there was not. The first Thanksgiving occurred in 1621, which was 150 years before the creation of the first credit unions. In fact, the first modern financial institutions wouldn’t reach the … Continue reading

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Dealer Auto Finance Scams

So, you’re buying a car? Don’t fall for these dealer auto finance scams. You’ve made it past the tedious comparison shopping, you’ve finished the detail-oriented research and you’ve even endured the haggling with the salesperson. Your tongue probably tastes like … Continue reading

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Used Car Loans: Southern States See Higher Rates

by Victoria Simons | posted in Auto Loans, Loans Published on November 17, 2015 How do used car loans stack up against others in your state and around the U.S.? Using data from credit agency Experian, NerdWallet looked at loan trends … Continue reading

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4 Steps to a Better Budget

Make a Better Budget! With holidays coming up (and quickly at that) here are a few tips to create a better budget. It does not matter if you are new to managing your finances or have been for twenty years. … Continue reading

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Do You Need GAP Insurance?

GAP Insurance? What’s That? Below are the reasons why you would need to have GAP Insurance on your vehicle. Car buying can such an overwhelming process, especially if you are a first time car buyer. That’s why we detailed all … Continue reading

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Why is Halloween Important to Children?

Importance of Halloween for Children! Can you feel it in the air? It’s almost Halloween! It’s time for costumes, ghosts, spooky movies, candy corn, and most importantly for the kids out there, it’s time for trick or treating. Sometimes, it’s … Continue reading

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Your Home: Buy or Rent?

To Buy or Rent? That Is the Question.  Choosing to rent or buy a house is a big decision! We want to help you in making that decision easier with this detailed infographic. Making the best decision for your financial … Continue reading

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Straight Outta Excuses: The Financial Lessons Of Dr. Dre

Dr. Dre’s Wise Financial Endeavors  With Straight Outta Compton being the box office surprise of the summer and a new studio album filling America’s iPhones for the first time since before iPods were invented, Dr. Dre is experiencing a late-career renaissance. … Continue reading

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52 Week Savings Challenge

A Savings Challenge You Can Handle! In preparation for the upcoming holidays, the credit union wants to challenge you to the 52 Week Savings Challenge. It’s never too early to save and this particular challenge eases you into it. You … Continue reading

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Love Your Kids Enough To Not Give Allowance

Did you get an allow growing up? Many of us grew up getting an allowance. You know, the few bucks we “earned” each week as a reward for keeping our bedrooms tidy and taking out the garbage. But as parents, … Continue reading

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5 Ways to Prepare Financially for Hurricane Season

Prepare Your Finances, When You Prepare for a Hurricane! When you live near certain coastal areas, you’re probably thinking about hurricane season all year. It’s important to prepare your home and family for a storm, but you’ll also want to … Continue reading

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Shop Local

Shop Local, Keep Your Money Local! Your credit union is built on the idea of people helping people. You already know we can do a better job looking after your money than a mega-chain bank that answers to shareholders, because … Continue reading

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New Credit Score Rules!

New Credit Score Rules: What You Need To Know Credit scores are a serious source of worry for most folks. You already know a credit score can affect the interest rates you are approved for on your loans, your car insurance payments, … Continue reading

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A NEW Grandparent Scam

Phone Scam For years, con artists have preyed on the elderly, claiming to be their grandchildren and in trouble with desperate need for money. This is the traditional grandparent scam and it dates back to as long as grandparents have … Continue reading

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ATM Safety: Do’s and Don’ts

ATM Safety Broken Down With so many financial dangers, it is understandable that you would feel overwhelmed! Below is a helpful visual aid that includes easy steps you can take to protect your financial well being while on the go. ATM … Continue reading

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4 Home Improvement Projects With High Long-Term Return

Home Improvements That Won’t Break the Bank! When you’re making home improvements, you’re not just making your life better in the short term. You’re also making an investment in your future. Ideally, the increase in the value of your home … Continue reading

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