December 26th, 2018098
LGE Community Outreach Foundation recently presented $200,000 to local nonprofit organizations at LGE Community Credit Union's annual Christmas breakfast.
During the breakfast, the Foundation recognized nonprofits from the four counties it serves — Cobb, Cherokee, Fulton and Paulding. Each nonprofit was invted to speak and share donor impact stories with the LGE team of more than 250 employees.
Nonprofits that received donations included Children's Healthcare of Atlanta, SafePath Children's Advocacy Center, Next Step Ministries, CASA of Paulding County, Mostly Mutts, The Zone/Davis Direction Foundation, the Epilepsy Foundation...
December 17th, 201811123
Robins Financial Credit Union partnered with the Georgia State Patrol to collect 250 toys for Toys for Tots.
The toys, including 20 bicycles were collected at Robins Financial Credit Union locations across central Georgia during the months of November and December. They were given to needy children who would not otherwise have received Christmas gifts.
Robins Financial Credit Union staff present the toys collected to Toys for Tots.
...
December 3rd, 20181140Georgians are paying attention to their credit scores.
In a Georgia Credit Union Affiliates survey featuring 8,069 responses, 61 percent of respondents reported checking their credit scores within a three-month period. That’s compared to 10 percent who had checked within the last year and 5.5 percent who’d last sought their scores more than a year ago.
The average American isn’t quite as conscientious. According to a survey from WalletHub, 59 percent of Americans don’t check their credit reports more than once a year.
But frequently checking scores and reports can be crucially important to financial health. Consumers who...
November 23rd, 201840130
This article originally appeared in the GettingAhead 3rd Quarter 2018 Newsletter and was written courtesy of Nationwide.com.
The holidays were never meant to be marked by stress and anxiety. But all too often, the most wonderful time of the year becomes less about spending time with loved ones and more about overscheduling and overspending.
Help keep your holidays merry and your finances bright. Follow these holiday shopping and spending tips to save time and money.
10 easy ways to save for the holidays
Start saving early. There's no better time than the present to start saving money for the holidays. No matter when you...
November 1st, 20185122Georgians worry about retirement.
In a Georgia Credit Union Affiliates survey administered in June featuring 8,069 respondents, about 73 percent said they had at least one major financial concern about retirement. More than half of the survey’s respondents – about 56 percent – have already retired from full-time employment or plan to retire in the next five years.
Georgians’ financial fears surrounding retirement vary. Most – 20.6 percent – are afraid they’ll lose what they’ve invested in retirement accounts due to stock market fluctuations. Another 18 percent worry they just won’t know what they need for retirement...
October 19th, 201825153The story below is just one example of how Georgia credit unions help people afford life each day. This account was featured in Georgia Credit Union Affiliates' 2017 Helping People Afford Life Stories booklet.
A few years back, Southeastern Federal Credit Union welcomed a man in his 30s as a new member. He'd never had a bank account or any credit.
What he did have were a lot of tattoos.
He commented at the time that his appearance often made it difficult for him to find employment. After about a year, he visited the branch and asked about building his credit. He had been employed for more than a year and had maintained a healthy...
October 12th, 201834206The story below is just one example of how Georgia credit unions help people afford life each day. This account was featured in Georgia Credit Union Affiliates' 2017 Helping People Afford Life Stories booklet.
A Platinum Federal Credit Union member was in the process of obtaining a new auto loan, but was having trouble deciding whether he should trade in his existing vehicle at the dealership or sell it to a private buyer.
With an existing balance on the loan, he didn't want to get stuck making two monthly car payments.
Coincidentally, another member visited the branch and mentioned he wanted to purchase a used car for his work...
October 5th, 20183162The credit cards consumers choose can have a considerable impact on their overall financial health – so Georgians like to choose wisely.
In a Georgia Credit Union Affiliates survey featuring 8,069 respondents, 68 percent used at least one or two credit cards every month. The survey also showed that 47 percent of respondents held up to $1,000 worth of credit card debt. Another 23 percent owed between $1,000 and $5,000.
Georgians are in line with national trends. About 71 percent of Americans have at least one credit card, according to The Motley Fool. About 18 percent of Americans have three or four cards in their wallet – and those...
The story below is just one example of how Georgia credit unions help people afford life each day. This account was featured in Georgia Credit Union Affiliates' 2017 Helping People Afford Life Stories booklet.
An elderly member with impaired hearing visited her MidSouth Community Credit Union branch once a month to met with the branch manager.
The manager would assist the member in calling her mortgage company to make monthly payment, and in withdrawing enough funds from her account to pay her monthly bills.
Recently, the member encountered some unexpected expenses and needed to take out a small loan to cover them. The branch...