CFCCU Money Management Tip of the day: Remove your credit card numbers from your online accounts. It’s easy to spend online when you have your card information stored in an account – just click and buy. The best way to break this habit is to simply delete your card from the account. That way, when […]
CFCCU Money Management Tip of the day: Don’t ignore retirement: Saving for retirement at an early age is a win/win situation. You will have to save less if you start early, and your savings will have longer to grow. Start early and save at least 5-to-10% of your income, if you plan on accumulating the […]
CFCCU Money Management Tip of the day: Try generic brands of items you buy regularly. Instead of just picking up the popular brand of an item you buy, try out the store brand or generic version of the item. You will save a few dollars, plus you’ll discover that the store brand is just as […]
CFCCU Money Management Tip of the day: Make a list of your debt: Create a Microsoft Excel spreadsheet in which you list your individual debt payments and prioritize each by the amount owed. Seeing in black and white what you owe brings a new level of reality to your debt situation and should motivate to get […]
Credit Union Fact: Community First Co-operative Credit Union previously known as the Teachers Credit Union was started on April 7th 1959 by a small group of teachers under the leadership of Mr.Charles Sampson, with the objective of ensuring that teachers and their families could operate their own financial co-operative. The picture attached is a photo […]
Did you Know? Our first Annual General Meeting was held at the Foundation Mixed School on January 18th 1982. The credit union also received its certificate of Registration by the then registrar, George Jonas. The Annual General Meeting occurs annually and it is a meeting which enables members to hear reports from the President,Credit Committee,Supervisory […]
Money Management Tip of the Day: Go through your clothes – all of them. If you have a regular urge to buy clothes, go through everything that you have and see what you might find. Take the clothes at the back of the closet and bring them to the front and suddenly your wardrobe will […]
Credit Union Fact: By 2001 as a result of the open bond, teachers constituted only 30% of the credit union membership. A decision to change the credit union’s name to reflect the general membership was adopted in 2004 and the Antigua and Barbuda Teacher’s Credit Union name was changed to the Community First Co-operative Credit […]
Money Management Tip of the day: Do some basic home and auto maintenance on a regular schedule. Instead of just waiting until something breaks to deal with it, develop a monthly maintenance schedule where you go around your home (and your car) and perform a bit of maintenance where it’s needed. This little activity, taking […]
Money Management Tip of the day: Establish a “freedom fund.” Having money set aside for emergencies is key to avoiding financial disaster. It will cover you if you’re in between jobs, and give you the freedom to leave a bad relationship or a job you hate. It allows you to sleep easier at night, knowing […]