Jones Road Transformation

Jones Road Transformation

Remodeling of our Jones Road location is underway! The redesigned branch model will provide a more personalized, efficient and convenient member experience.

During this construction, member services remain available. To accomplish this, Jones Road branch operations and member services have been temporarily moved to a portable structure until construction is complete. The portable is located in the parking lot on the north side of our Jones Road administrative building.

We appreciate your patience during this transformation. For more details on the renovations, please read the article linked below.

Save on Back-To-School Shopping

10 Ways to Save on Back-to-School Shopping

According to the National Retail Federation, the average American household spends $688 on back-to-school shopping -- 64% of it is spent on clothing and electronics. Here are 10 ways to save this fall and throughout the year.

1. Create a checklist of items and stick to it.
Before you begin shopping, empty your kids’ backpacks to see what was left over from the previous year. Mark them off your checklist and then buy only the items still remaining.

2. Check to see if your state has a tax-free shopping holiday.
Some states hold tax-free holidays multiple times of the year for particular products. Check out www.taxadmin.org/sales-tax-holidays to see if your state is one of them.

3. Consider shopping without the kids.
They’re more likely to fall for the strategically placed items stores want you to buy. Backpacks and notepads with your kids’ favorite superhero or Disney character can be 30% or more expensive than generic kinds. If your children insist, they need Dory backpacks, buy stickers and have them decorate their less expensive gear themselves.

4. Comparison shop online before going into stores.
You’ll save on time and gas money.

5. Give your kids a clothing budget and a list of necessities.
You decide what items they must have, then with the remainder of the budgeted money, let them choose what they want.

6. Set up e-mail alerts for sales.
Websites like Dealnews.com, Bensbargains.com, and thekrazycouponlady.com will let you know when coupons or great deals are available for specific items.

7. Buy school supplies in bulk.
Although you’ll have a large initial expense, in the long run the supplies will be cheaper, and you’ll have them on hand for several months.

8. Follow your favorite stores and brands on social media.
You’ll be one of the first to find out when they’re offering deals and special promotions.

9. Go to Garage and Yard sales for clothing.
Websites like Garagesalestracker.com, yardsalesearch.com, and Craigslist.org are great online resources for finding bargains in your area.

10. Wait until August or September to buy your school supplies.
That’s when the prices drop significantly. You can even buy for the following year.

 

 

 

Preapprove Your Way to a Better Car Deal

Preapprove Your Way to a Better Car Deal

Before you set foot on the car lot, get preapproved for an auto loan at Cy-Fair Federal Credit Union. Getting preapproved for a car loan means you'll know what kind of rate you'll pay, and what size loan you're qualified for.

Once you're preapproved, you'll receive a preapproval letter that you can take car shopping showing the amount you're approved for.

Getting preapproved is a big advantage, as it shows car sales staff that you're a serious buyer. It also removes the pressure of negotiating financing contracts at the dealership and allows you to focus your attention on finding the right vehicle. And, if you need another incentive, our low auto loan rates can get you on a faster track toward making your dream car a reality.

Call or stop in today. We're here to help with your vehicle loan needs.

Ways to Make Saving for Retirement Easier

Ways to Make Saving for Retirement Easier

It’s never too early to plan for your retirement. In fact, the earlier you start, the better off you’ll be. Use these helpful tips to make retirement as easy as possible.

  • Max out your 401(k) match. If your employer matches your contributions to your 401(k), see if you can contribute the maximum amount. Experts recommend contributing 15% of your pre-tax income to your retirement savings, so take advantage of an employer match to help you get there.
  • Reduce your debt. By reducing your debt now, it’ll be easier to save money for retirement and live comfortably. Start with the smallest balance, reducing that to zero, then focus on the next lowest. It’ll make you feel good, help create some momentum, and build your confidence to tackle larger debts.
  • Diversify your retirement income. Try to have your money come in from multiple sources and which don’t have the same tax on them. For instance, have some money come in from stocks (capital gains tax), some from traditional retirement accounts (regular income tax), and Roth accounts (tax-free withdrawals).
  • Build an emergency fund. This will prevent you from tapping into your retirement funds should a crisis occur. You can start with a small amount but try to be consistent about deposits. You’ll soon build a safety net to fall back on when unexpected expenses show up.
  • Reduce your cost of living. Look at all your expenses and see if there are ways to reduce or eliminate them. Start with small things, like packing your lunch instead of eating out every day. Then work up to bigger changes, like selling your home and buying smaller one.

Know your full retirement age for Social Security. You can begin receiving Social Security benefits when you reach 62, but you’ll get up to 30% more by waiting until your full retirement age. Check www.ssa.gov for more information.