Riverfork Federal Credit Union S

Congratulations Class of 2012! Take advantage of Riverfork FCU’s student Visa credit card. With a low interest rate of 9.90% APR, it is easy to take it with you to college. Also, the deadline to apply for the $500 high school senior scholarship is April 30, 2012.

Establishing and Keeping Good Credit There are few things as important in the world of personal finance as keeping and maintaining a good credit rating. You never know when you may need it -- whether it’s borrowing money for an emergency, or for that “golden opportunity” that presents itself, or to obtain a job or even rent an apartment. In all these instances, and others, your credit history is your ticket to success or your downfall. If you have credit outstanding, it’s important to keep it in good shape. Make your payments on time. Don’t use credit to excess, and don’t “pyramid” your debt -- that is take on a new credit card to pay off the balance on an old one, only to rebuild the balance on the old one again. Periodically review your credit report for any errors, and report those errors to the agency that holds your report. Credit reports can be obtained for free or at low cost from any of the three major reporting companies: Equifax, Trans Union and Experian. If you are trying to build credit, your credit union is an excellent place to start. You might begin with a secured credit card, a credit card that is “backed” by money set aside in a savings account. You might also ask a friend or family member with established credit to co-sign a small loan for you. In both these instances, favorable information is placed on your credit report provided payments are made on time.

New Online System Check out Riverfork FCU’s new credit union connect and electronic bill payment system at www.riverforkfcu.com. The new site has enhanced security and more functions than the old site. The accounts can be nicknamed and sorted for easy navigation. In June, sign up for electronic bill payment and the $5.00 per month fee will be waived forever. Planning a Trip? Riverfork FCU is making travel a little less stressful. Come in and pick up your Visa travel money card in the month of May and we will waive the fees.

You owe it to yourself At Riverfork Federal Credit Union, you’re not just a member, you’re an owner. And you owe it to yourself to take full advantage of all the services we have to offer. Credit unions work for your best interests, not the interests of a few stockholders. Riverfork Federal Credit Union offers loans, share drafts/checking accounts, debit/ATM cards, credit cards, share certificates, online banking, and more. The more services you use, the more you benefit. Take advantage of the lower fees and loan rates, and friendly personal service at the credit union.

Special Thanks! Riverfork Federal Credit Union staff and volunteers would like to extend a thank you for attending our annual meeting on January 31st. You made it a success.

Holiday Closing Monday, May 28, 2012 Memorial Day