Wednesday, December 28, 2011

New Year, New You: A look at your next year’s finances

The start of a new year is a great time to rejuvenate your financial health. It is a good idea to reevaluate your financial goals and budget.  This annual exercise will help you stay focused and manage your finances successfully.  A great way to get started  is to consider these questions.

What are your goals? A great first step is to outline your financial goals for the year. Remember to include any major events coming up, such as a vacation as well as any big ticket purchases you might need to make. Remember to include retirement savings too.  While you can’t plan for everything, setting goals will help you save and prepare for the year.

What is your budget? With goals for the year in place, setting up a realistic budget is the next step. If you haven’t drawn up a spending plan, get started now.  If your household already has a budget in place it’s always good to review it and adjust accordingly. Please visit our previous post for more on budgeting

What loans can you refinance? Refinancing outstanding loans with a lower rate will help you start saving money immediately.  A good place to start is by shopping around at your local credit union.  Community Financial Credit Union can help you review your credit.  

One more important step to consider is saving money for emergencies.  It’s a good idea to always have a rainy day fund just in case the unexpected happens. Payroll deduction is one of the most painless ways to set money aside. 

Start your new year off right by planning for your financial health and avoiding trouble later.  Learn more about how Community Financial can help you with payroll deduction and more. Have a happy and healthy new year! 


Posted by: Community Financial
Community Financial Members Federal Credit Union is a not-for-profit, full-service financial institution owned and governed by its membership.

Monday, December 19, 2011

eServices - All you need to stay on top of your finances

Today’s technology has revolutionized the way we bank.  It has leveled the playing field between mega banks and your community credit union.  Thanks to free ATM networks, smart phones and the internet – you can bank from anywhere.

Community Financial’s new eServices gives you 24/7 access to your credit union accounts safely & securely using today’s latest technology.  Here is a brief overview of what our eServices can do for you. 

eBanking, our free online banking access at www.cfcu.org, allows you to view account balances, transaction history, even pending transactions on your accounts. Transferring money between your credit union accounts or to other financial institutions is also right at your fingertips.  You can even customize “My Homepage” so the information you use most is front & center when you login. 

ePay, our bill paying service within eBanking, lets you pay anyone from your credit union checking account including businesses, individuals and charities.  It is simple to enroll and customize your payee list.  Then all it takes is a few clicks to pay bills - no need to write a check or find stamps.

eAlerts are customized emails or text messages that you send from eBanking when certain events occur.  For example, you can set an alert when your checking balance falls below $50 or your car loan payment is due.  eAlerts help you stay connected to your money and avoid mishaps.

eStatements, eNotices & eReceipts are paperless ways to receive important information on your accounts.  Just tell us you want to go green and we will email you when your statements are available to view in eBanking.

Community Financial’s new eServices have everything you need to make banking easy, fast and convenient.  Take a few minutes to set up your account, get comfortable with the options, and enjoy the freedom of eBanking!


Posted by: Community Financial
Community Financial Members Federal Credit Union is a not-for-profit, full-service financial institution owned and governed by its membership.

Monday, December 12, 2011

Tis the Season of Giving! Community Financial is donating over $50,000 to local schools and non-profits.

Our Season of Giving campaign has just kicked off! On behalf of our members, Community Financial Credit Union is donating over $50,000 to local non-profits and schools throughout the month of December.

In the spirit of the holidays, each organization will be surprised with a donation from Community Financial. The gifts will be kept under Community Financial's giving tree. Join us on Facebook where the winners will be announced every weekday!

“The schools and non-profits in our communities do so much good work throughout the year, and we wanted to show our appreciation,” said Bill Lawton, Community Financial President and CEO. “As a community credit union, it is part of our mission to support our communities and we are proud to be able to do that this holiday season.”

Gift recipients so far include The Ostego County Community Foundation, Gaylord area schools, Hillman and Atlanta area schools, JoBerg/Lewiston area schools and the Community Foundation of Northeast Michigan.

Community Financial Credit Union is a not-for-profit institution that gives back to the community. To learn more about upcoming programs and community events connect with us on Facebook and Twitter.


Posted by: Community Financial
Community Financial Members Federal Credit Union is a not-for-profit, full-service financial institution owned and governed by its membership.

Monday, December 5, 2011

Campaign for Your Community: Helping the Plymouth Community United Way

At Community Financial Credit Union, we believe engaging in our communities is one of the best ways to keep them vibrant and successful. That’s why we give back to our local non-profits and schools throughout the year. Part of that effort includes our work to raise money in support of the Plymouth Community United Way’s Campaign Drive.

During this annual campaign, our employees enroll to have donations deducted from their paychecks; all donations are then matched by Community Financial. Community Financial has been a Silver Campaign Sponsor for the past 13 years.

Even a little amount can go a long way for our community. If you see the payroll deduction application come across your desk, consider signing up! Not every company offers payroll deduction contributions.

The Plymouth Community United Way serves all of Western Wayne County. The foundation helps support the community by providing emergency shelters, food pantries, and other services for struggling families. Contributions are made for basic needs and stability resources such as crisis intervention, educational and youth development services, family services, and job training. Learn more about the Plymouth Community United Way and how you can help.


Posted by: Community Financial
Community Financial Members Federal Credit Union is a not-for-profit, full-service financial institution owned and governed by its membership.
Community Financial Credit Union, P.O. Box 8050, Plymouth, Michigan 48170-8050;
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