April 10th, 201954155
U.S. consumers saw an increase in prices in March, according to an article in the Wall Street Journal.
"The consumer-price index, which measures what Americans pay for household items such as bluejeans and services such as eye care, increased 0.41% in March from the prior month, the Labor Department said Wednesday," according to the WSJ article. "Excluding the volatile food and energy categories, the so-called core prices rose just 0.15% from February."
For more information, read the full Wall Street Journal article here.
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April 8th, 201970185
Not all Georgians feel the strain of poor financial understanding, but as a whole, the state’s financial literacy could use improvement.
According to the National Center for Education Statistics, the United States does not excel in financial literacy. The latest available data from the center’s Program for International Student Assessment shows that the average 15-year-old in the United States tends to score lower on a financial literacy assessment than the average teen in China, Belgium, Canada, Russia, the Netherlands and Australia.
Georgia isn’t the worst of the states when it comes to financial literacy – but it’s not...
April 3rd, 20192695
This post was written by Tina Ramos-Ingold from the California Credit Union League.
One of the best ways to ensure your children grow up financially fit is to give them practice at managing money. And one of the tools parents use is an allowance. But how should you handle an allowance? Here are three suggestions:
Decide the amount. Figure out how much you will pay your children and when (every week, biweekly, monthly). And then let your child know what he or she will pay for with the allowance. You might decide to pay for needs such as school supplies or sports equipment, while they can use the allowance for “fun”...
March 4th, 201931146
On average, Georgians consider themselves adept at protecting their personal information – but research suggests that may not be enough to keep identity thieves at bay.
According to a Georgia Credit Union Affiliates survey featuring about 3,400 respondents, about 85 percent consider themselves to be well-informed consumers when it comes to protecting themselves from identity theft.
That fits with the national trend. Across the U.S.,consumers have become increasingly aware that their personal information needs protecting. Since stories about data breaches have become a regular part of the news cycle after the Equifax breach, the...
February 5th, 201960666
This article was written by Sara Watkins for GCUA
About 20 years ago, a small group calling itself the African-American Credit Union Coalition held its first official annual meeting in St. Louis, Mo.
The AACUC wasn’t entirely new. The group began informally meeting at the CUNA Governmental Affairs Conference throughout the 1990s, discussing ways to spread diversity in the credit union industry.
This past year, that group held its 20th annual conference. From the outside,the AACUC appears different from that small group that met in St. Louis. It now has a membership made up of 253 individuals, 63 credit unions, five leagues,five...
February 1st, 201928185
Georgians, like most Americans, entered 2019 hoping to better their finances – but many have likely already fallen off track.
In a Georgia Credit Union Affiliates survey of more than 3,000 Georgians, 52 percent said their new year’s resolution was to get on a budget.
That statistic isn’t surprising; many Americans looked critically at their financial situations as they headed into 2019. Statista, a platform providing statistical data on a variety of topics, polled 2,000 people about their New Year’s resolutions in early January. The survey found financial goals were the fourth most popular New Year’s resolutions, falling...
January 9th, 201928230
Georgians have a clearer concept of taxes than the average American, but there’s still confusion in the Peach State as the country moves forward with its new tax laws.
A survey of 3,398 Georgians conducted by Georgia Credit Union Affiliates, the state trade association, found that the majority of respondents, 69 percent, know how much they pay in income taxes each year. But 30 percent of respondents admitted they haven’t been paying attention to how much they pay.
Those respondents more closely resemble the average American. A recent Nerd Wallet study found that almost half – 48 percent – of Americans don’t know in which...
December 26th, 201828372
Robins Financial Credit Union recently paid out a $13 million member rebate.
Since 2017, Robins Financial has given back $25 million to members in the form of a member rebate. This reward is a way to give back to members and to thank them for their contribution to the continued success of the credit union.
"Since Robins Financial Credit Union is a not-for-profit cooperative, we give our earnings back to our members in the form of higher rates on savings, lower rates on loans, little to no fees and the most convenient products and services possible," said John Rhea, president and CEO for Robins Financial Credit Union. "Giving back...
December 26th, 20180201
Peach State Federal Credit Union recently made a donation to the University of Georgia's on-campus food pantry as part of its commitment to donate to local food banks throughout the year.
The credit union collects food donations from members and employees in all branch locations as well as their corporate headquarters.
Nigel's Nest is the on-campus food pantry available for all UNG students, faculty and staff from 11 a.m. until 2 p.m. on Tuesdays and Wednesdays. The pantry has non-perishable food items, but also provides hygiene products, household items and school supplies. A valid UNG identification is required to utilize the...
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