EECU’s Weatherford Branch donated a new bicycle to Wright Elementary first grader for achieving perfect attendance. Dollar Dog and Weatherford EECU Branch Director Linda Harris recently presented a new bicycle to Wright Elementary first grader Veronica Cruz for achieving perfect attendance during the first six weeks of the 2011-12 school year.

(top, left to right) EECU’s Dollar Dog, Weatherford Branch Director Linda Harris, Ikard First Grader Veronica Cruz and Teacher Jenny Mauney

Weatherford EECU selects one name during each six weeks period from all Wright students with perfect attendance, and the winner either receives a new bicycle or a gift card.

EECU has a rich history of community support and when employees first heard about the Texas Wildfires they decided to lend help where they could to the wildfire relief efforts. EECU employees collected roughly $1,000 in individual donations. Employees of all 12 branches participated by donating money to help firefighters, the Red Cross and people that live in the communities devastated by the destruction of the fires.

EECU then matched the funds contributed by employees to bring the total donation to $2,000. The donations were presented to The American Red Cross – North Texas Chapter, $1,000 and the First National Bank of Santo Wildfire Relief Account $1,000. “EECU proudly serves Palo Pinto County and surrounding Counties, I am proud to see the commitment of our employees to our fellow neighbors in need. I hope these funds can help firefighters and families who lost everything with some basic needs,” says EECU President and CEO, Lonnie Nicholson.

Lonnie Nicholson, EECU President/CEO; Shannon Worthington, Red Cross North Texas Chapter; Connie Talmadge, EECU Chief Retail Officer Continue reading

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In trying times when income is less than it used to be, it’s natural to use more credit. Your credit score can change monthly as payments are made or not, new amounts are added to account balances, accounts are opened or closed, etcetera. The key is to use available credit wisely and not to overuse it. To improve your score, you should try to:

  • pay all bills on time. If you miss a payment, try to get current and stay current a.s.a.p.
  • pay down your balances, reduce our total debt load and use less of the total amount available
  • It’s wise not to apply for and use new credit if you’re already experiencing a financial hardship.
  • monitor your credit report to be sure the data reflected there is correct

While a few payments will likely not improve our score immediately, it starts to create a pattern which could improve your score over time, as credit is managed responsibly. New payments, with a good track record, will eventually replace the older items on your report. Continue reading