CFCCU Money Management Tip of the Day: Most people don’t track what they spend and may not realize when expenses add up to more than their budget can handle. To keep track of what you spend, try putting what you think you should spend for the month on transportation, food, entertainment, etc., into envelopes. This […]
CFCCU Money Management Tip of the Day: Adopt a cash-only mindset: Credit card debt is the most prevalent form of debt. To avoid the temptation to spend money this way, carry cash only. This way, you will spend only what you have.
CFCCU Money Management Tip of the Day: Use a budget: Fortunately, living on a budget can be second-nature and even enjoyable once you’re set up to track your spending. Seeing what you have and what you pay out is a reality check. Closing your eyes to your debt doesn’t make it go away: A budget […]
CFCCU Financial Tip of the Day: Purchase appropriate insurance It’s important for individuals to have life insurance. “For most people term life insurance makes the most sense.”Consider how much your spouse or love one would need to maintain their current lifestyle and whether that will need to continue long term.” If you don’t have any […]
CFCCU Financial Tip of the Day: Add up the ins and outs: Sit down once a year and map out your cash flow. List what comes in per paycheck (after all deductions), then list all your expenses, dividing them into fixed expenses (such as groceries and mortgage) or discretionary ones (such as gym memberships and […]
Hello Members, Make your loan appointment early and take advantage of our reduced cash deposits now being offered. Borrow money for Traveling or Back to School Expenses. For Example, You can borrow E.C. $15,000 with only E.C $3750.00 down. Plus you save while you borrow! Call us now for more information or to make your […]
CFCCU Financial Tip of the Day: Know Your Net Worth Your net worth is simply what you own less what you owe. It is recommended that once a year you list all your assets: bank accounts, the house and its contents, vehicles, any investments, , pensions or rental properties and so on. Then do the […]
Dear Members, Please note that in order to re-activate accounts that have become dormant (due to inactivity on the account for 1 year) the following documents are required: Job Letter or Business License Two (2) Valid Photo IDs ( Passport + One other) Proof of Address, in your name and not more than 3 months […]
Good day members, Our Summer Club for the period September to June 2014 once again set a record with savings by membership of over EC $700,000 saved during the period. The Summer Club has once again started and runs fro the period September to June. You can still join in the month of October but will need to make two […]
The Community First Co-operative Credit Union opened its doors to members of the public on Monday, March 20th 2006.We celebrated this move with a grand opening on Sunday, April 16th. The building encompasses a basement, ground, and first floors. The area comprises space for archives, the credit union’s banking hall, and the functional areas, as […]