Monday, March 26, 2012

Spring Refresh: Home Improvements that Add Value

Spring is a time for blossoming and also rebuilding.  Fixing up your home may increase its value and put you in a better position if you decide to sell.  When choosing what to renovate, keep in mind that certain improvements may offer a better return on your money.

Here are some factors to consider when improving your home this spring:

Update the Kitchen.  A kitchen is often a major selling point for a home, so appearance and upkeep are important.  Updating the kitchen may be costly, but homeowners often see a return on investment of 72 percent*.  Major kitchen updates can be enjoyed now and be helpful when you prepare to sell.

Renovate the Bathrooms. Fixing up the bathroom can give you a return on investment of around 62 percent*.  For major renovations, remember people often want simple, eco-friendly tubs over Jacuzzis.  Even small improvements can give your bathroom a fresh, new look.  Try installing new faucets and light fixtures or a new counter.  

Upgrade to be Energy Efficient.  Energy Star appliances and windows will cut down on your energy bills in the long run and appliances are good for the environment..  Insulation products can be do-it-yourself projects and further reduce your bills.

Whether you plan to stay or sell, remodeling your home can make it a more valuable asset and a more enjoyable place to live.  For information on how to fund your home improvements, learn about our Home Improvement Loans or give us a call at (877) 937-2328. 

*According to Remodeling Online
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, March 19, 2012

Presidents Day Essay Contest Winners Announced


The stack of essays received in this year's contest.
In honor of Presidents Day, Community Financial held an essay contest for local elementary and middle school students to answer the following question: Which U.S. President would you like to have lunch with and why? The responses were astounding with almost 800 essays submitted! 

Now that all of the entrees have been reviewed, we’re proud to announce the following winners: Emily Loebach, Meads Mill Middle School who wished to have lunch with President Lincoln and Julie Shen, Miller Elementary School, who chose President Jefferson.  

Both winners will receive $100 cash along with lunch for their class with President and CEO Bill Lawton.  Ten finalists were chosen and will each receive $10 gift cards to Subway restaurants.  

Here are some entertaining and inspiring quotes from the essays:  

“I’d take George to Domino’s Pizza.  George might not have taste buds but this would grow them back.”--Aidan Walsch, 5th grader, Allen Elementary School 

“I would have lunch with Abraham Lincoln.  Here are some reasons. First, he is honest and he would tell me if he didn’t like the lunch.” --Ninah Mijnsbergen, 5th grader, Allen Elementary School.

“I would pay for our food with a two dollar bill and then ask him look familiar?"--Meghan Rotole on Thomas Jefferson, 5th grader, Our Lady of Good Counsel 

Thanks to everyone who participated! Keep up to date on upcoming community events by joining 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, March 12, 2012

Thumbs Up For Charity! Community Financial is donating $25,000 to local nonprofits

Now is your chance to give a Thumbs Up to Charity! Join us as we give back to our local nonprofits. Throughout March we will be accepting nominations on who you think deserves to receive a donation.

Just visit www.cfcu.org/ThumbsUpforCharity to nominate your local charity now. Please make sure that your charity is a registered 501 (c)(3) organization or associated with an accredited educational institution serving the communities of Plymouth, Canton, Northville, Novi or the counties of Montmorency, Otsego, and Alpena.

“We wanted to provide the residents of our communities the opportunity to tell us which groups they think are making a difference and deserve recognition. Our “Thumbs Up for Charity” Program is a great way to reward these charities for their hard work,” says Sarah Cousienau of Community Financial.

In April, the voting will begin.
Five charities will be selected to participate in the voting phase. The charity receiving the most votes during April, will receive a $10,000 donation, two runner-ups will receive $5,000 donations, and the fourth and fifth runner-ups will receive $2,500 each.

Community Financial Credit Union is a not-for-profit that gives back to the community. Click here for the Thumbs Up for Charity contest rules. 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, March 5, 2012

Online Couponing: Good Deals or Costly Temptations?


Group couponing and internet coupons are on the rise, reaching you everywhere from social media to smartphone apps.  These offers can be tempting, but are they really saving you money? 

According to the Wall Street Journal, $2 billion will be spent this year at daily deal sites. Sites like Groupon are now sending instant location-specific deals to your smartphone.  However, be careful to consider whether or not the item offered is meeting your needs or just enticing you to spend money. 

Instant deals may offer savings, but they can also get you to spend money on products or services you didn’t plan to purchase in the first place.  Therefore, making frequent purchases based on instant deals will actually cost you more money.

Some deals may be more practical, helping you save money on items you actually need.  For instance, certain sites are now sending out deals for groceries rather than expensive meals. 

Keep in mind if you use daily or group coupons, is to check the expiration date.  Just because the coupon lives online doesn't mean it won't expire. Also, make sure you trust the source of the coupon.  Sites like Groupon and Living Social have become more reputable sources for discounts. 

Overall, manage your budget and watch out for temptation. Online couponing can help you save money if you are careful with your purchases.  



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.

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