Tuesday, December 5, 2017

Warming Hearts & Homes is Back. You Click and We Donate!

Community Financial Credit Union is excited to kick off the holiday season with the return of our 6th annual Warming Hearts & Homes charitable campaign! Throughout the month of December, Community Financial will donate up to $40,000 to local nonprofit organizations that provide heat, food, shelter and clothing to low-income families.*

The winter months can put an extra strain on families and force some to choose between paying utilities and putting food on the table. That’s why the Warming Hearts & Home program was created and Community Financial remains dedicated to supporting the fight against cold and hunger in Michigan this winter.

As a member of our community, you’re invited to participate in this year’s campaign by getting social with us!

  • Like or share our Facebook Posts – @Community Financial 
  • Like or retweet our posts on Twitter – @cfcreditunion #CFCUwarms 
  • Like our pictures on Instagram – @communityfinancial 

Giving back to your community has never been easier! Each week in December we will make social media posts about the different organizations below. Each Facebook, Twitter, and Instagram interaction equals a $25 donation to help the following:

Community Relations Manager Natalie McLaughlin said this is one of her favorite annual giving campaigns that Community Financial runs.

“Warming Hearts & Homes is an easy way for people to get involved and help others in their local communities. Each winter, local families are faced with challenges. Through this campaign, Community Financial is honored to help the community face the cold with heat for their homes, coats for their children, safe shelter and food.”

To learn more about the Warming Hearts & Homes Campaign visit www.cfcu.org/warms. Together we can make a difference in our communities this holiday season.

*Each charity will receive up to $10,000 during the month of December.

Tuesday, November 28, 2017

Growing to Serve You Better

If you are a credit union member, you already know the benefits that credit unions bring to their local communities. One of the greatest benefits is that the members of the credit union are also its owners.

By definition, credit unions are not-for-profit cooperatives. In fact, years ago a common credit union tagline was, “not for profit, not for charity, but for service.” This still holds true today.

The more members a credit union has, the more value it can provide to its membership as a whole. As a credit union grows, it can offer better services at more competitive rates and with fewer or lower fees. That’s the power of community support.

With over $850 million in assets and over 65,000 members, Community Financial Credit Union continues to grow. We are committed to serving our members and making their communities better places to live. Last year, Community Financial donated over 4,400 hours and $450,000 to our local communities, and all of this was possible because of our members! We are able to grow and give back thanks to them!

This is why we are excited to announce that we will be expanding and opening a branch in the Westland community! 

The new credit union branch is being constructed on part of the former Quo Vadis Theater site across from Westland Mall. When complete, it will be a one-story 3,772-square-foot building on a 1.5-acre parcel and will be Community Financial’s 12th branch location.

The branch will be located on the east side of Wayne Road, just north of Warren Road, and is expected to be one of several changes in Westland's Shop and Dine District.

“Community Financial is very excited to become part of the Westland community,” said Community Financial SVP/Chief Sales & Marketing Officer Randy Penner.

“We already have many members who live in Westland, and our new branch will allow many more members of the community a more convenient opportunity to enjoy the benefits of membership.”

Our Westland branch is anticipating a January 2018 opening. Stay tuned for details on the grand opening! We can’t wait to show off the new location and meet with new and current members. Excited about the new location? Let us know in the comments section below.

Tuesday, November 21, 2017

Tips to Control Your Holiday Spending

The holidays are upon us, so it’s a great time to get a handle on how much you plan on spending. Between gift giving, holiday treats, and parties it’s easy to lose track of how much you are actually spending. Here are some tips to keep your finances in control.

Set a Budget 
Start by creating a budget that works with your plan and your wallet. Write a list of all the people you want to buy for and set a dollar amount for each person. Don’t forget smaller items such as stocking stuffers. If you think you will overspend with credit cards alone, consider using cash to stay within your budget.

Be Selective 
Once you have purchased a gift for someone, cross them off your list. You don’t have to buy for everyone you know! If your shopping list includes more than five people outside of your immediate family, cut down on the number of people on your present list. You can bake some cookies or make a small craft to give to others not on your original list.

Factor in Extras 
Beware of hidden holiday costs. Gift wrap and tags, holiday cards, wrapping supplies, taxes, and shipping costs all add to the price of your gifts.

Don’t Forget the Coupons 
Sales aren't the only way to get great deals on the gifts you want for your friends or family. Before you shop online, perform a quick web search for coupon codes for your favorite online stores. Before you shop in local stores, comb through the coupons you received in your mailbox before hitting the mall. While you search through the flyers, make sure to comparison shop for the item you're interested in.

Plan Ahead for Next Year 
Once this holiday season winds down, plan ahead for next year! Putting money aside each month will result in you having everything you need in time for next year’s festivities. A great way to do this is with a Holiday Savings Account from Community Financial. It’s only $5 to open, has no fees, and is a great way to establish your holiday spending goals for next year.

Want to start budgeting but unsure where to start? Why not try out our Money Matter$ eLearning Center? These free and self-paced modules cover key financial concepts like budgeting, saving, investing, and raising your credit score. Using these resources and helpful tips can help reduce stress for this season and beyond. Happy Shopping!

Friday, November 17, 2017

School Spotlight: Winchester Elementary Students Practice Leadership Skills

Student-Run Credit Union Volunteers are Leaders!

Education Partnership Coordinator, Julie Blaylock,
supervises the Student-Run Credit Union at Winchester. 
Here she is posing with a student volunteer. 
Community Financial’s Student-Run Credit Union program added Winchester Elementary School in Northville as a school partnership in 2007. Winchester’s fourth grade student credit union volunteers have been leading and assisting their schoolmates with saving their money ever since!

Here are some pictures of our Student-Run Credit Union volunteers from Winchester:

Winchester: A Leader in Me Lighthouse School 

Student Credit Union members
visit our tellers to make deposits.
Winchester Elementary students participate in a school-wide program called The Leader in Me. This program, created by FranklinCovey, engages students in projects involving leadership and life skills, and creates a school culture that embraces leadership. Our Student-Run Credit Union program aligns well to many of the key components in The Leader in Me program.

Being “proactive” is one of the skills taught through the program. Students who would like to volunteer at the Student-Run Credit Union at Winchester must be proactive in filling out a job application in the fall. Students who apply must also take part in an interview with Community Financial team members, where they are encouraged to highlight their leadership skills and abilities.

A Student Credit Union member receives
his prize for making a deposit.
Student members who are saving their money at the Student-Run Credit Union also align with The Leader in Me program. Students at Winchester are taught to “begin with the end in mind,” and saving money for their future does just that!

Leadership Practices at Winchester and Beyond… 

The Leader in Me program’s basic principles come from the book “The 7 Habits of Highly Effective People” by Stephen R. Covey. Through lots of research, Covey maintains that people who possess or acquire seven key habits are successful in their everyday endeavors. These seven habits include:
  1. Be Proactive 
  2. Begin with the End in Mind
  3. Put First Things First
  4. Think Win-Win
  5. Seek First to Understand, Then to Be Understood
  6. Synergize
  7. Sharpen the Saw 
Winchester Elementary students practice these seven habits regularly during the school year. Businesses throughout the country as well are training staff members to be versed in the “7 Habits.” If you would like more information about the “7 Habits”, check out these websites listed below:
Your Turn: How are you using the “7 Habits” effectively at school or at home? Tell us the ways that you are showing leadership!

Tuesday, November 14, 2017

Thankful Thursdays are Back! What are You Thankful for?

Did you know that November is “National Gratitude Month?” With Thanksgiving almost here, it’s the perfect time of year to practice being grateful and appreciative for what we have.

At Community Financial we are so grateful for our members and the communities we serve. To help spread our gratitude this November, we are bringing back our #ThankfulThursdays program. Every Thursday through November 30 we will make a donation to local food initiatives in Michigan. In total, we will donate $50,000 to help feed our communities! Here’s a list of the organizations we will be donating to this November:

November 2 

November 9

November 16

November 23

November 30 

Be sure to check out our social media accounts (Facebook, Twitter, Instagram) every Thursday, for updates on the program and photos/videos from the selected organizations. #ThankfulThursdays is just one way we can show our appreciation. What are you doing this November to show gratitude?

Community Financial Credit Union, P.O. Box 8050, Plymouth, Michigan 48170-8050;
© Community Financial 2013
Federally insured by NCUA.
Equal Housing Lender
Additional coverage provided by ESI.
Federally insured by NCUA.