As of October 3rd
As of October 3rd
CD rates are back on the rise which means great news for you. Anytime rates start to change competing financial institutions will all strive to give the best rates they possibly can to and attract new memebers and to retain their current valued members. With that in mind KeyPoint FCU has decided to create some great rates of our own. We have a 6 month CD at a great 3.50% APY, but as great as that rate is, it gets even better. Currently we have two CD specials with amazing rates. There is a 9 month CD at 3.60% APY and our best rate is a 13 month CD at an astounding 3.80% APY! Certain restrictions do apply and we are only offering them for a limited time, so please hurry and take advantage of these specials, you don’t want to let them pass you by. Call or come in to get more details and open one while you’re there becuase you won’t find any better rates or better service anywhere; It’s all about YOU!
KeyPoint FCU is proud to once again team up with Enterprise Rent-A-Car to give you great rates during the Enterprise Green Tag Special plus Trade In Promotion. We are offering incredibly low rates when you get a loan through us for purchasing a great new car from Enterprise. Here is the website with specifics www.tradeswelcomed.com and if you have any questions don’t hesitate to call KeyPoint and ask for a loan specialist.
Here is a quick video that easily and thoroughly explains the difference between a credit union and a bank. This has been posted before, but its done very. There are two other parts as well that I will post the next time. Please enjoy.
College is a tuff time for most students. A lot of college students are moving out on their own and paying for their own schooling for the first time. Needless to say, funds are limited and should be very well managed. Sometimes mistakes happen though, and that $20 spent on that meal the previous day is a little more than the $17 in the checking account, and now things get “interesting”. All financial institutions will charge a fee for any account that goes negative, but the severity of the fee is what distinguishes most banks and credit unions. (I can personally say that Chase Bank charges at least $12 more in fees than KeyPoint FCU, and that is before they charge fees for accounts negative for more than a week.) According to a report by The Center for Responsible Lending, a nonprofit group, every time a student overdraws an account, the report says, they are on average shelling out more than $3 in bank overdraft fees for every $1 they are overdrawn. This can cause a major setback in most students’ plans and causes a lot of un-needed stress, and some institutions will charge more fees if the account isn’t brought back to a positive balance within a certain amount of time. Then on top of that, any other purchase that clears the account after it has gone negative will make the account incur another negative balance fee. This can pile up very quickly and just makes the money hole deeper and deeper. With this in mind, there are a few ways to help keep this from becoming a reality.
One of the easiest ways is to just keep some money in the savings account. Most, if not all, financial institutions have overdraft protection nowadays and keeping even $50 to $100 in the savings can get most people out of a slight miscalculation. Now when that $20 food purchase hits the $17 checking account, instead of overdraft fees the savings account will donate just enough money to keep the checking account positive. Be careful though, there is a limit to the number of times this overdraft protection can occur in a single month. Another great way to secure the checking account is to get an open line of credit. At KeyPoint FCU we offer a KeyLine, which is an open line of credit that can be tied into the checking account to keep the checking account positive in the case of large purchase. The funds are sent to the checking account, just like with the savings account, but with the KeyLine the funds are lent to the account owner and can be paid back in time, like a credit card. A KeyLine’s funds can also be taken out at anytime in the form of a cash advance if funds are needed immediately, and again are paid back in time. If you are looking for a way to protect your funds and from incurring unnecessary fees, come to your closest branch or call us to apply today for a KeyLine and keep your money for yourself.
Hello everyone. As some of you may know, Amanda, the old marketing administrator (and the one formerly responsible for this blog), decided to leave KeyPoint and move on to greater ventures in her young career, and because of such this blog hasn’t been updated for a few weeks. I am now the new marketing administrator and as such, I plan on updating this blog at least once a week if time permits, and I will try to target a certain group each week, rather than blanket blogs for everyone and no one. If anyone has any comments, questions, or suggestions please don’t hesitate to shoot me an e-mail at firstname.lastname@example.org
|Who Can Join?
KeyPoint FCU has opened its field of membership to anyone who lives, works, worships, attends school, or does business in East Baton Rouge, West Baton Rouge, Livingston, and Ascension Parishes.
|Remember: “Once a member, always a member.” That is, once you have become a member, a change in employment, family relation, or other circumstance cannot deny you the ongoing benefits of membership, including voting rights.|
One account equals one vote. Joint accounts, custodial accounts, tenant-in-common accounts and any others having more than one registered owner or agent are allocated one vote. Therefore, if you each desire to have a voting share, you must have two individual share accounts.
Your Credit Union. Your Control.
|Help yourself to lower rates and higher rebates
Spreading the word about your credit union to your co-workers and family members ensures a growing membership and fortifies the strength and capability of KeyPoint Federal Credit Union.
Security, Stability, Satisfaction
Following these Preventative Measures (DO’S AND DON’TS) from the United States Postal Inspection Service will assist you from becoming the victim of Identity Theft.
When it’s time to buy a new or used car, the countless decisions can be overwhelming. Whether it’s new vs. used, brands, models, mileage, etc., each choice must be made with a realistic budget in mind. Most people will finance their new or used car, even if they have been saving for one. Here are some good things Trent at The Simple Dollar recommends you do when purchasing your next car:
For more information about this topic, read Trent’s more extensive entry at The Simple Dollar.