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ECU Credit Union

Did that Check Really Clear?

check sample
 

How long should I wait to spend those funds?

These days moving or transferring money has become increasingly more electronic through ACH ​or Wires and the use of checks is becoming extinct. Occasionally you may still receive a check in hand. Now what?

Tips to help you avoid post-disaster scams

Whether you’re getting ready to deal with the aftermath of Gulf Coast storms, Laura and Marco, dealing with the ravages of wildfires out West, reeling from the derecho that struck the Midwest, or facing another natural disaster, handling the aftermath is never easy. But when scammers target people just trying to recover, it can be even worse. Here are some tips to help you avoid common post-disaster scams.

New Year’s Resolutions – Making And Keeping Them...

It’s that time of year again……New Year’s Resolution time!

Wishing all of our members and their families a happy new yearPerhaps it’s the over-indulgence from holiday parties and family meals, or the idea of a fresh start that makes us want to change our habits. However, the dream of change and new beginnings can slip away almost as soon as the resolutions are made. In fact, according to businessinsider.com less than 10% of people actually achieve their goals and 25% quit within their first week! Those are tough statistics but there are proven ways to help you stick to your New Year’s Resolutions!

Making the Most of the Holiday Shopping Season

Tips for Black Friday and Cyber Monday Shopping
Are you ready for the hustle and bustle? Are you looking forward to the Black Friday / Cyber Monday sales? The holiday season is approaching and with that comes the biggest shopping days of the year, Black Friday and Cyber Monday. These high holy days for shoppers follow Thanksgiving each year. To make the most of these days, we offer you the following advice:

It’s Time to Winterize Your Home

Fall has arrived, are you ready for the cooler weather? Have you taken the time to prep your home for the cold weather? Residential electricity rates have risen on average about 15% nationwide over the last 10 years, an increase of about $0.02 per year. Consumers who use oil heat are expected to pay about 20% more this year than last year.

Are You Prepared For Unexpected Expenses?

Life has a way of throwing out a curve ball every now and then! One way to be prepared for the unexpected is to maintain a savings account. There are many different reasons to use your savings account; vacation, wedding expenses, or car repair. As for me, I have a savings account established for my Furry Family Members! I came across a situation with one of my pets recently, and it made me realize how grateful I was to have that savings account.

Make your life easier with Mobile Deposit Capture

Mobile Deposit Capture also know as Mobile Deposit is an easy and convenient way to deposit checks directly from your phone. At ECU Credit Union, if you are unable to come to us – we want YOU to be able to have the resources to make your life as convenient as possible.

The Importance of Beneficiary Designations

Are you a recent college or high school graduate? Or are you newly employed with that big ‘adult’ job? Have you thought about how much you will save, what will you splurge on buying, or what will you do with that first paycheck? As a young adult, and starting a new career, there are some financial decisions you make without thought. Sometimes you say “I’ll look into it later”, so it becomes out of sight, out of mind. You don’t really think about end of life decisions, because you are just starting to live… right! You may think “That kind of stuff is for older people to do”. In reality, you should be thinking about it!

Vacation Loans... Good Idea or Not?

When I started out to write a blog about Vacation Loans I thought it was going to be easy.  But, as I got further into my research, I realized it wasn’t going to be the cakewalk I had originally envisioned.    There is some disagreement out there on whether or not “Vacation Loans” are a good thing or not.  One web site even went so far as to say “Any financial advisor worth their credentials would give an emphatic ‘no’ to using loans, or in other words, go into debt, to go on vacation.”   What??  I was shocked.  I’ve worked here almost 30 years and I’ve always thought they were a valuable option for our members.  But, let’s face it… it does make a little sense. 

What’s more important than a good credit score?

Credit affects more aspects of your financial life than you may realize! The ability to buy a home, a car, get a credit card, rent an apartment, or even get a job can be affected by your Credit Score. Your Credit Score is a number that lenders use to determine whether you qualify for credit - and if so, how much interest they’ll charge you. Credit Scores are widely used in lending decisions, and knowing your score should be a vital part of your credit health. Let me share some reasons as to why you should keep up with your Credit Score.