You have been given a check to pay you for money owed. In the past, this meant a trip to the financial institution to deposit the check. Typically you had to sign the check in front of the teller. Those days are gone with remote deposit for checks. How to Deposit a Check Remotely through Georgia Heritage Download the app from iTunes, Google Play, or Apple Apps, depending on whether you have an Apple or Android system. You will download the app that is Georgia...
Georgia Heritage Federal Credit Union recently raised $10,000 for local children’s hospitals while treating area first responders to a well-deserved day of golf. On Oct. 11, about 60 golfers from sponsoring agencies came to Southbridge Golf Course in Savannah to participate in Georgia Heritage’s 10th annual Chip in Fore Children’s Miracle Network Golf Tournament. The day included 18 holes of golf, lunch, and an awards reception. All proceeds benefited Children’s Miracle Network, which helps its affiliated hospitals cover the cost of treatment for sick and...
By the time January rolls around, people just simply expect to get those hefty credit card bills. It’s so commonplace that it’s almost a part of the holiday season itself. But it doesn’t have to be. Avoiding excessive holiday debt is possible if you plan properly and spend carefully. The trick is to make sure you follow your own rules to ensure you’re as debt-free as possible in 2019. 8 Tips for Avoiding Excessive Holiday Debt Just to get you started on the right path...
Today’s technology is amazing, and it provides multiple benefits regarding protecting your finances. In fact, once your local credit union recognizes unusual activity on your credit card, debit card, checking account, or savings account, actions will be taken to prevent credit fraud. You probably greatly appreciate this protection on a normal day. When you’re out of town for the holidays, however, your banking institution or credit card company may detect abnormal spending patterns, resulting in a block on your card and a disruption in your...
We know the holiday season can take a real toll on the wallet. In fact, studies show that the average American spent more than $900 during the holiday season in 2016 and 2017. Despite the expense, spending the holidays with friends and loved ones is an amazing part of the year, so we want to help you enjoy the season as much as possible. Everyday bills can get in the way of that enjoyment, so a short break from the routine may be all you...
We all know that we should be saving money, but knowing where and how to save your money can be confusing. The two most common ways to save money are by using either a share certificate or a savings account. Understanding the differences between the two will help you decide which is the better option for you. What is a Share Certificate? A share certificate is a savings account with a fixed withdrawal date and interest rate. A fixed withdrawal rate means that once you...
The savings rate is an important national economic statistic. However, it is even more important on an individual level. Whether it is a business or family, putting money away is key to staying afloat economically. Of course, everyone will go through ups and downs financially. Whether that is poor investment outcomes, unexpected medical costs, fixing a car or unexpected legal costs for a law firm, there are always new things to think about. For that reason, putting savings away is always important. Businesses Companies should...
In simple terms, a checking account is used to pay for expenses, while a savings account is intended to store money for later use. Checking accounts are designed for everyday transactions — your morning cup of coffee or a tank of gas. Savings account funds, however, are meant to remain in the bank and earn interest over time. Consider the following to decide what’s best for you. Fees and Interest Savings accounts carry a higher interest rate than checking accounts, so it's wise to leave...
There’s a heavy focus on the importance of building your savings account. An increasing number of people are realizing how necessary it is to have a “rainy day fund” to fall back on. Businesses, for example, know that they need a 10% “rainy day” or contingency fund that will cover 10% of their annual income. What does that look like for an individual? While you can always add more to your savings account, there are certain minimum amounts that you should always have handy. Your...