Man & Woman of the Year is a philanthropic competition to support blood cancer research among a group of motivated and dedicated individuals in communities across the United States. Candidates form powerful fundraising teams to compete in honor of two local children who are blood cancer survivors. The man and woman who have raised the most funds during the ten-week campaign are awarded the prestigious title of Man or Woman of the Year in their community. Locally here in Savannah, Georgia Heritage FCU was enlisted...
Saving your money isn’t always easy, especially when you don’t have a lot to spare. After paying all your usual expenses, there may be very little “fun” money at the end of the month. When we do find ourselves with some extra cash, like a tax refund, many of us rush out to buy those shoes or that electronic gadget we’ve been eying for months instead of putting it into our savings. Why do we do that? Why do we spend the money we planned...
Buying a home can be an overwhelming process. There are many steps involved, and if you have never purchased a home before, just the idea of financing can seem downright intimidating. But it doesn't have to be! Before obtaining a home loan in Georgia, consider these essential steps. Is it the right fit? Before starting any paperwork, think about what kind of property you’re looking for. Do you plan to start a family in the future, or do you have a large family now? This...
Got your hands full? In the Internet age, it's easy to forget that cellphones aren’t just for checking Facebook and getting traffic alerts about your route home from work. While instant weather updates and a digital calendar are useful tools in life, it's nice to know that your phone can also be used as just a phone. At Georgia Heritage Federal Credit Union, we're literally a phone call away. While we pride ourselves in offering our customers in-person as well as online banking options, sometimes...
Have some savings that you don't foresee needing in the near future? Put your savings to work with share certificates. A share certificate is an account that a member opens for a specific amount of time and that has a guaranteed fixed rate for that period. Upon opening this account, a document will be issued certifying ownership, or “shares” in the credit union. Why Are Share Certificates Vital to Your Savings Plan? Share certificates are an integral part of a well-rounded financial plan. These stable...
Sure, a credit card is influential in boosting your credit score, but how do you know which one to get? After all, hundreds of credit cards are available, so how do you choose the best credit card for you? Below are a few factors that you should always keep in mind. Secured or Unsecured Secured and unsecured credit cards have distinct differences. Secured credit cards are issued with a credit line that you provide in the form of deposit. They're often used to help improve...
Buying a home is almost always a better long-term option than renting. One of the main advantages of buying a property is that you will build equity over time as your home appreciates in value and you continue to pay down your mortgage. There are several benefits that come when you continue to build home equity. Lower Rates One reason why it is good to build home equity is that you can receive lower interest rates and monthly payments. When you have equity in...
It's easy to let long-time habits determine how your budget is allocated, but the new year is a great time to start and maintain a new kind of budget. One of the best ways to evaluate your budget goals for the new year is by analyzing each item based on whether there are reasonable ways to reduce it, and if so, how you will stick with the plan. Budget Goals for the New Year: Evaluating Fixed Costs Most of us have fixed costs like...
Online banking is one of the best technological innovations in the world today. In the past, we had to wait until the banks opened to deposit or withdraw money. Today, we can withdraw or deposit at any ATM. Our paychecks can be automatically deposited. Our rent and bills can be automatically withdrawn. Online banking has revolutionized the world. If you travel, you'll have access to your Georgia credit union anywhere there is an ATM. You'll be able to check your account online anywhere you go,...