Spokane Media FCU lives out people helping people philosophy for member

The staff at Spokane Media FCU in Washington state recently helped out a member that had lost his job and was piled up on medial and other overdue bills. While banks might have shunned this individual away, Spokane Media welcomed the member and lived out the “people helping people” philosophy to help get this member back on his two feet.

The member, Gary, aged 66, had recently lost his job as a dishwasher and had medical bills from a past injury. Gary was about to run out of his small unemployment benefits and social security checks that were coming in.

Staff at the Spokane Media FCU connected Gary to an assistance living center for those with disabilities and low-income. Gary now resides at this residence and even received a complimentary cell phone.

Since Gary is a Vietnam vet, Spokane staff contacted the Veterans Administration to get him a pension for his service. Three months later, Gary is receiving an extra $350 a month that goes towards his expenses.

What’s impressive is the staff at Spokane got Gary’s dentist to forgo most of his past due dental appointment bill, and chipped in for the rest! Wow! This is a great example of how credit unions put their members first. Great job to the staff at Spokane!

In addition, Gary was placed on the Food Stamps program and Meals on Wheels, which serves free lunch at his new residence.

Way to go Spokane Media FCU! What you did for Gary is amazing! You should be proud of yourselves. Keep living out the people helping people meaning of life!

To view the full article, please click below
Spokane Media FCU employees go ‘above and beyond’ aiding member

Army Aviation Center FCU donates funds in memory of soldiers & marines

army aviation

Source: CU Social Good

Santa Rosa Beach, Fla. — Army Aviation Center Federal Credit Union (AACFCU) donated $8,000 to the Special Operations Warrior Foundation in memory of the soldiers and marines who died in a helicopter crash in the Santa Rosa Sound earlier this year. The Special Operations Warrior Foundation benefits the surviving family members of fallen Special Operations Forces through college scholarships, family and educational counseling as well as financial grants.  “We’re proud to honor the memory of the men who were lost, and our thoughts and prayers continue to be with their families,” said AACFCU President/CEO Bobby Michael.  Pictured left to right: Col. (ret.) Kim Wintner, Alliance Association Management Company owner; Chief Master Sgt. (Ret) Wayne Norrad, Special Operations Warrior Foundation board of directors member; Karen McCarthy, AACFCU assistant vice president of Walton County operations; Col. (ret.) George Ferkes, Special Operations Warrior Foundation board of directors member; Charlie Mingus, AACFCU board of directors chairman; Bobby Michael, AACFCU CEO/president.


Army Aviation Center Federal Credit Union was founded 49 years ago by seven soldiers at Fort Rucker, Ala. on the principles of the “Credit Union Movement.”  Today, AACFCU serves more than 110,000 members worldwide with 20 locations throughout Southeast Alabama, Florida’s Emerald Coast and the Mobile Bay Area. For more information, visit www.aacfcu.com.

San Diego County Credit Union distributes thousands of school supplies to students across the county

San Diego County Credit Union distributes thousands of school supplies to students across the county

SDCCU Stuff the Bus 

SDCCU Stuff the Bus supply drive held in partnership with Channel 933 and the San Diego County Office of Education

SAN DIEGO, Calif., (September 25, 2015) – SDCCU Stuff the Bus, held in partnership with Channel 933 and the San Diego County Office of Education, yielded thousands of school supplies for students as they headed back to school this year. The SDCCU School Bus was on tour with Channel 933 throughout August, making various stops to collect supplies. The community was encouraged to drop off supplies at any one of SDCCU’s 38 convenient locations and a total of 3,470 school supplies were collected in the inaugural drive!

“We thank the entire community for coming together to support our local schools, teachers and students. Through SDCCU Classroom Heroes, our organization is proud to support many programs that enhance the lives of teachers and students. SDCCU Stuff the Bus furthered our support of local schools by providing students with basic supplies to help better prepare them to succeed in the classroom,” said Teresa Halleck, president and CEO at San Diego County Credit Union (SDCCU), San Diego’s largest locally-owned financial institution.

The San Diego County Office of Education identified several district/schools throughout the county where there is additional need for supplies, such as new pencils, pens, notebooks, calculators and paperclips. The supplies that were donated to SDCCU Stuff the Bus will be given directly to districts to divide among schools.

San Diego County Credit Union is San Diego’s largest locally-owned financial institution serving San Diego, Riverside and Orange counties. SDCCU has assets of $7.0 billion, over 298,000 customers, 38 convenient branch locations and 30,000 surcharge-FREE ATMs. SDCCU provides breakthrough banking products that meet the demands of today’s lifestyle and delivers banking services that save customers money. SDCCU is leading the way, offering FREE Checking with eStatements, SDCCU Mobile Deposit, mortgage loans, auto loans, Visa® credit cards and business banking services. Federally insured by NCUA. Equal Housing Opportunity. Equal Opportunity Employer. For more information, visit www.sdccu.com.

VyStar Credit Union opens branch in local highschool

Congratulations to VyStar Credit Union! They opened their newest branch at West Nassau High School on Friday, September 25.

“We have students as young as ninth grade learning how to manage their money. They’re opening checking and savings accounts,” said West Nassau principal Chris Gaus.

The credit union branch will be available to all students, teachers, and staff members. Students will work in the credit union and offer limited banking services (e.g., savings and checking accounts).

One of the high school students, Ryan Kornegay, a junior, expressed his desire to work in the credit union branch in order to learn how to be financially responsible.  “Vystar has helped me out to show what I should do with my money and how much I should save up and how much I need to spend on myself, which is less than I was,” explained Kornegay.

“We’re investing in the future of our country,” said VyStar CEO Terry West. West said they’re planning to open two additional branches in Clay and Duval Counties next year.

To learn more about this, check out the full article below:
Student-operated credit union opens at West Nassau High School

TFCU to Host Fifth TFCUniversity Business Clinic Series Event

TFCUni Panelists

Hauppauge, NY (September 24, 2015) – Teachers Federal Credit Union (TFCU) one of the country’s largest credit unions, will host the fifth installation of its TFCUniversity Business Clinic series on Thursday, October 22, 2015, at its headquarters located at 102 Motor Parkway in Hauppauge from 7:45 a.m. to 9:45 a.m. The fifth series event entitled, “How to Get Your Business Funded” will focus on the ins and outs of taking collected investment and seed funding, and successfully launching your business.

“Raising capital and then knowing how to wisely invest those resources into your business successfully is critical for small businesses today,” said Robert G. Allen, president and CEO of TFCU, who will also deliver the welcoming remarks at the conference. “As a locally grown credit union here on Long Island, we understand the importance of learning as much as possible from local industry experts. That’s why we’ve continuously hosted these free events, as a way to help Long Island small businesses launch and grow with the best information and tools available.”

The event will include a keynote address by John M. Kennedy Jr., who currently serves as the Comptroller of Suffolk County. Comptroller Kennedy will speak about his experience handling the finances of Suffolk County, trends he is seeing regarding allocation of government resources, and insight regarding the commercial landscape of the region.

Participants will leave with a useful list of action items that they can deploy immediately after the event. Breakfast will be served.

Seating is limited. For more information or to register for the FREE event, visit http://www.tfcu4u.org/ or call (631) 698-7000.

TFCUniversity Crowd

About TFCU:
Teachers Federal Credit Union (TFCU), one of the country’s largest credit unions, is a full-service, not-for-profit financial institution.  TFCU was founded on Long Island in 1952 and now has over $5 billion in total assets, serves more than 250,000 members and has 25 full-service branches throughout Long Island including: Amityville, Bay Shore, Brookhaven National Laboratory, Central Islip, Commack, East Northport, Farmingville, Hauppauge, Holbrook, Huntington, Manorville, Merrick, Nesconset, North Babylon, North Massapequa, Oakdale, Patchogue, Port Jefferson Station, Riverhead, Rocky Point, Selden, Shirley, Smithtown, South Setauket, and Wading River. Members also have access to services at more than 5,000 shared service centers located across the country. TFCU offers financial services to all people and businesses located in Nassau and Suffolk counties More information is available about TFCU by visiting www.teachersfcu.org or by calling (631) 698-7000.

Voyage FCU donates $200 to SFAHS

voyage check

SIOUX FALLS-SD, Voyage Federal Credit Union joined forces with Sioux Falls Area Humane Society for a second year in a row to raise money and awareness for the resident critters. Over the past couple years, Voyage FCU brought their hashtag wall delightfully named, “Let’s Find A Way” out to events and onsite visits. The retractable banner was used as a backdrop to take pictures in front of with dogs, cats, kiddos or whatever. For every picture taken, shared and commented on through Facebook, Voyage FCU donated $1 to the local shelter. This year the event raised $200. To check out the adorable pictures go to Voyage’s Facebook page at https://www.facebook.com/voyagefcu.

Voyage FCU is a Federal Credit Union that serves anyone that lives, works, worships or attends school in Minnehaha or Lincoln Counties and has been around for over 75 years.

BECU Reprice Program helps lowers rates for members


Wow! Talk about putting your members needs and goals first!

BECU, the not-for-profit credit union that works for you is giving their members (more than 30,000) $3 million in savings through in the form of new, lower interest rates, thanks to their annual Reprice Program.

In its fifth year, the Reprice Program, aims to evaluate members credit scores and payment history (credit cards or line of credit or auto loans) annually. If the review is positive, the program automatically lowers the members interest rate.

BECU senior vice president of member channels and service delivery, Doug Marshall said that their members will save about $2.8 million from this year’s current rates.

“What we do is unique,” said Marshall. “Most financial institutions are in the business of making money and reporting to shareholders–higher interest rates factor into that. We’re not-for-profit, so our focus is on what’s best for the members.” He noted that having a lower interest rate means members pay less and can do more financially.

To learn more, check out the full article here:
BECU lowers rates for more than 30,000 members 


Credit unions provide the lowest rates on loans

Woman shopping for a new car at a dealership lot.
Woman shopping for a new car at a dealership lot.

Since Americans aren’t bashful when they borrow money, especially when it comes to buying a car (about 85% of buyers take out a loan for a new ride). Nerdwallet decided to conduct a consumer study that examined where’s the best place to get a auto loan.

Survey says, CREDIT UNIONS!

Nerdwallet got to this conclusion by estimating how much money a consumer could save by financing her new car purchase with a low interest rate auto loan while being able to invest in the stock market.

Nerdwallet went off the assumption that the consumer had $25K saved away and could put down $5K for a down payment on a new car. In addition, the consumer was interested in a 2% APR auto loan for the remainder and then invested $20K cash in an index fund.

The conclusion: when looking for a loan be sure to secure the lowest/best APR percentage you can. The lower the APR, the more money you’ll save in the long run. However, these percentages are dependent upon the stock market’s performance which is know to be very unpredictable.

And where do you go for the lowest auto loan APR – you’re nearest credit union!  Credit unions will often provide the lowest rates, saving you money!

nerdwallet car loan

Am I Saving Enough?

Cropped image of senior man and woman calculating expenses at home

To help you answer your question, if you’re saving enough, first answer these 3 questions:

  1. What are you saving for?
  2. What’s important to your quality of life?
  3. How much can you reasonably spend to attain that quality of life?

Nerdwallet explains that the only way to truly know if you have been saving enough is to plan accordingly. One way you can do this is by setting up automatic reminders for yourself to transfer money from checking to savings. This is great as long as your are mindful of your debt and making payments on time. Another way you can plan accordingly is by getting a qualified financial advisor that can provide you with great financial advice throughout the process.

Want to dig deeper into this conversation? Check out the full NerdWallet article below!
‘Am I Saving Enough?’ Here’s How to Tell

Easy side hustles that make you money


No matter how well your regular job pays, most people don’t object to earning some extra money on the side. Those extra funds could help cover spending or could go to your savings account. Basically, a little extra money never hurt nobody!

With the holiday season almost among us, it might be a good idea to start looking into side jobs that can give you instant and quick funds. In the process, you can learn some new skills or strengthen the ones you have now.

Here are 4 side hustles anyone can get started with!

  1. Learn basic website coding! HTML/web design is in high demand, plus, it’s a great job skill set to have! Check out Skillcrush to sign up for some courses!
  2. Become an Uber or Lyft driver! It seems like almost everyone has or is using Uber or Lyft for their transportation needs. Best of all you can easily become a driver by visiting their website. You make your hours and can chose your requests as they come in. Driving during peak hours on a weekend or near an airport can be very profitable.
  3. Become a secret shopper! Get paid to shop! This is great to go into especially around the holiday season. Simply Google ‘secret shopping jobs’ to find out which companies are interested.
  4. Become a blogger! Blogs are in high demand right now. Search for either blogs your follow or popular industry blogs to see how you can contribute and earn money for it!

For more information, check out the full MoneyMix article:
Four Side Hustles Anyone Can Start