Holiday Closures

HOLIDAY CLOSURES

Please make note of the following Holiday Closures.

  • 12/24, Christmas Eve = Closing at 2pm
  • 12/25, Christmas Day = Closed All Day
  • 12/31, New Year’s Eve = Closing at 2pm
  • 01/01, New Year’s Day = Closed All Day
  • 01/21, MLK Jr Day = Closed All Day

Remember that you can still manage your account and access your funds even when we’re closed. Our ATMs, MemberLine, Mobile Banking and Online Banking services are available 24 hours a day, 7 days a week.

Not enrolled in our free Online and Mobile Banking services?
Contact us or visit one of our branches so we can help you get set up.

Stone Creek is Relocating

MOVING OUR STONE CREEK LOCATION IN 2019

In late January 2019, the credit union plans to relocate our 529 location a mile down the road to 7060 Highway 6, Houston, TX 77095, near Copperfield Place. Aside from the cost savings benefit we discovered, we also chose this new location due to its proximity to shopping, dining, groceries and other retail options at the intersection of HWY 6 and 529, making it more convenient for members to drop in while running errands. The new location has been designed to produce a more efficient and innovative facility with better utilization of space, Interactive Teller Machines (ITMs), a quick and convenient drive-thru, and consultation rooms that are equipped for improved financial collaboration.

 

 

 

Resolve to Budget, Save and Invest

Resolve to Budget, Save, and Invest in the New Year

January is a good time to take stock of your personal finances. You can make positive changes to your spending and saving habits, whether it's making a New Year's resolution to get spending under control, figuring out how to save for a down payment on a house, or analyzing your investment portfolio. Many people, however, don't know where to start.

Where are you now?

Start with a personal assessment. Ask yourself:

  • Do you track where your money goes?
  • Have you identified your spending leaks?
  • Do you have a written spending plan?
  • Do you have an emergency or rainy-day fund?
  • Do you live within your means?
  • Do you have written financial goals?

Know the difference

Many people think that if they don't overdraw their financial accounts, they're doing just fine. But that's not the whole story.

Having a plan for different aspects of your life is essential. Consider a plan where you:
* Budget … for short-term goals.
* Save … for medium-term goals.
* Invest … for long-term goals.

Ask for help

Budgeting, saving, and investing are essential components of financial well-being, and they require different strategies. Cy-Fair FCU, along with our wealth management partners at SilverStar Financial can help you get started.

Teaching Teens Financial Responsibility

Teaching Teens Financial Responsibility

Teenager pleadings often involve asking for money—your money. How can you tame their cash demands and avoid the money wrangles, while also instilling a sense of financial responsibility? Here are a few ideas:

  • Make the most of “teachable moments”—Look for opportunities in your day-to-day interactions with your teen when you can slip in a money “lesson.” For instance, if you’re out shopping together, you can talk about your own shopping choices or why you’re delaying a purchase.
     
  • Provide hands-on experience—These types of experiences have more impact for teens than just listening to you talk. For instance, have your teenager make the grocery list for the week. At the market, he’ll see for himself how big a chunk of the family budget goes toward groceries.
     
  • Model money monitoring—Sit down with your teen to go over her list of expenditures for the week. Discuss the following: Were these wants (things that just made you feel good) or needs (things like a new jacket to replace the one that no longer fits)? How could you have spent your money differently?
     
  • Introduce plastic, perhaps—You’ll need to decide if your teen is mature enough to manage a debit card. You could give your teen a prepaid debit card with a spending limit. Again, go over transactions together.
     
  • Talk about the future—What will come after high school? If it’s college, what portion of expenses will the teen have to cover? Older teens also begin to think about career choices. This is a good time to talk with them about saving for retirement. It’s never too early to have that conversation.

Let us help. We can set your teenager up with his first debit card and checking account. Getting teens established with these tools can help them learn to manage money now—while the stakes are small—so they don't get into financial trouble later.