Peach State Federal Credit Union: Here are the basics of estate planning

April 12th, 201830135 The following article appeared on the Peach State Federal Credit Union blog March 29. Delta Community Credit Union is Georgia’s largest credit union with 24 branches across metro Atlanta and three outside Georgia. Peach State serves more than 41,000 members in Barrow, Clarke, DeKalb, Gwinnett, Jackson, Oconee and Walton counties. Estate planning is one of the most important things that you can do for you and your family. Estate planning can be a complex process, but it is recommended to do it as soon as possible in order to avoid any unforeseen circumstances. Many people think that estate planning is just for wealthy individuals, but...

Reuters: China blames U.S. for trade tensions

April 9th, 20180127 China blamed the United States on Monday for tensions over trade between the two nations, according to a Reuters article. China's comments came after U.S. President Donald Trump said Sunday that China would take down trade barriers. He also expressed optimism that both sides could resolve the issue through talks. But China's Foreign Ministry spokesman Geng Shuang told reporter at a regular news briefing on Monday that wasn't the case. "Under the current circumstances, both sides even more cannot have talks on these issues," Shuang said according to Reuters. "The United States with on ehand wields the threat of sanctions, and at the...

CONSIDER THIS: Teaching children financial literacy concepts

March 29th, 20185210 Georgians believe parents should be teaching children about finances – but research suggests that’s not happening. In a Georgia Credit Union Affiliates’ 2017 End of Year survey of about 3,400 Georgians, most indicated they considered lessons from parents extremely important to a child’s financial literacy. In that same poll, 19.9 percent of respondents said they’d received most of their financial education at home. Most – 62.2 percent – said they learned about money through experience and life lessons. Schools didn’t pick up the slack, either. According to the survey, only 6.5 percent of Georgians received most their...

Reuters: U.S. consumer spending rose, again

March 29th, 20180120 U.S. Consumer spending rose for the second straight month in February, according to a Reuters article.  Data released by the Commerce Department Thursday showed consumer spending, which reportedly accounts for more than two-thirds of U.S. econonmic activity, increased 0.2 percent last month after a similar gain in January. That gain was supported by renewed spending on long-lasting goods, including cars. Financial services and insurance expenditures also saw a rise. "The increase in consumer spending in February was in line with economists' expectations," according to the Reuters article. Read the full article here. ...

Reuters: Wall Street improves as trade war tensions ease

March 27th, 20180123 As fears of a trade war between the United States and China have eased, U.S. stocks have climbed higher, according to Reuters. The main indexes finished the day up more than 2 percent after reports that the United States and china were willing to renegotiate tariffs and trade imbalances on Monday. The markets originally became skittish after President Donald Trump moved to impose tariffs on Chinese imports of up to $60 billion, adding to import restrictions already placed on solar panels, steel and aluminum, according to Reuters. For more, read the full Reuters article here. ...

Here's how to celebrate spring with free frozen treats

March 20th, 20187144 Spring has officially sprung! The vernal equinox — which transitions us into the season known for bunnies, cleaning and babies — takes place March 20 at 12:15 p.m. If you're so beyond ready to kiss winter goodbye, you're in luck! Two retailers known for sweet treats are offering freebies on March 20 only.  Dairy Queen is offering one free small vanilla ice cream cone per customer visiting their participating non-mall locations. The deal lasts all day, but is limited to one per person. On the same day, DQs will be collecting donations for the Children's Miracle Network Hospitals. Do something sweet while you eat something sweet....

Reuters: Facebook shares decline after reported data misuse

March 19th, 20180141 Facebook Inc's shares slid more than 4 percent in premarket trading after media outlets reported a political consultancy firm gained inappropriate access to data on 50 million users, according to a Reuters report.  The firm, Cambridge Analytica, reportedly had ties to President Donald Trump's political campaign. According to Reuters, one Wall Street analyst said the reports could indicate 'systemic problems' with Facebook's business model. A number of analysts speculated the news could cause more scrutiny of the social media platform. The slide knocks $23.8 billion of the social network's value of $538 billion. For more, read...

Georgia United invites Ga. schools to apply for school makeover

March 14th, 20180110 Georgia United Credit Union is inviting Georgia schools to apply for a makeover through the credit union's fifth-annual School Crashers program. Accredit public or private elementary, middle and high schools are encouraged to apply to have community "crash" their school with an improvement project funded by Georgia United. Nominations are accepted until April 13. Anybody can nominate a school by visiting gucu.org/schoolcrashers. Fill out a nomination form and write a short essay about why your school deserves a makeover. Photos that illustrate the area in need of improvement are encouraged. Project requests for structural, plumbing or...

Washington Post: Larry Kudlow in talks to replace Gary Cohn

March 13th, 20182167 President Donald Trump has been talking to media personality Larry Kudlow about replacing Gary Cohn as director of the White House's National Economic Council, according to a Washington Post article.  The Post reported that Trump spoke to the longtime CNBC commentator twice about succeeding Cohn in recent days. "Kudlow is now widely seen within the West Wing as a finalist for one of the most powerful economic posts in the administration," according to the post article. Read the full article here. ...
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