140821-Online-Mobile-Banking

Read Part 1 Here
Read Part 2 Here

Parts 1 and 2 of this series covered a variety of online and mobile features. In Part 3, we will focus on some mobile features you may not be aware of.

Did you know you can apply for a loan or credit card directly from your mobile phone?

EECU has a loan application form that is formatted perfectly for a mobile phone screen. Simply click the “More” button inside the mobile app or on the home page of the mobile website, and then select the vehicle loan, personal loan, or credit card loan application link. Once your app is submitted, it will be handled promptly by a member of our team. Continue reading

140811-Student-Loans

Education is more important than ever, and so is making smart financial decisions when it comes to paying for it. In order to help our young members reach their educational goals, EECU has partnered with Higher Education Servicing Corp to offer the Texas Extra Credit Education Loan. Texas Extra Credit is a private student loan developed specifically to help Texas residents pay for college when scholarships, grants and federal aid just aren’t enough to cover the full cost of attendance.

The program comes with affordable features: Continue reading

mobile-banking

If you are online reading this right now, chances are you already use EECU’s online banking services. However, if you are like me, you have a routine set of pages you visit when you go online and may have missed some of the great services we offer to our online and mobile users.

Did you know you can see your accounts at other financial institutions on your EECU online banking home page?

Our FinanceWorks™ tool allows you to connect to your external accounts by selecting a financial institution and providing login credentials (The credentials are encrypted and stored securely so your passwords are safe.). Once per day, FinanceWorks™ logs into your external accounts and downloads balances and transactions. The transactions are available in FinanceWorks™ and your balances appear both in FinanceWorks™ and on the online banking home page. This allows you to have one convenient place to see any deposits, loans or investments you have elsewhere. Continue reading

140506-Teens-Credit-Cards

Americans owe $854.2 billion in credit card debt, with the average household carrying a balance of $15,191 on their credit cards. As a parent, you don’t want your teen to contribute to that statistic. That’s why offering savvy credit management advice early on is especially important. Informed teens understand the risks associated with abusing their credit card, so be sure to cover the following five topics before you sign up for that card.

1. Communicate who will foot the bill

It’s tough to watch your child struggle to pay off debt, especially when you can cover their expenses. However, bailing them out will prevent them from learning how to spend wisely. The National Foundation for Credit Counseling advises you not to bail them out, but to take them to a credit counselor to encourage them to ask for help when they need it. By setting boundaries and pointing them to experts who can help, you enable them to independently find solutions that will get them out of debt. Continue reading

140320-Home-Equity-Loans

We’ve always heard that owning a home is a great investment. The problem is, barring a plumbing catastrophe, that investment is not liquid. Your home’s value is locked up and hidden deep inside those four walls. Before 1997, due to stringent homestead protections, Texans weren’t able to tap the equity in their home, but since then the laws have changed and you can gain some liquidity from your most precious investment, with some limitations.

Texas protects homeowners

In an effort to protect homeowners, the Texas Constitution lays out some stringent rules for lenders in regards to home equity loans and lines of credit. Continue reading

Tax-Scam

Last month, the Internal Revenue Service (IRS) published its yearly list of the most prolific tax-related scams. The 2014 list contains a number of scams including some that taxpayers attempt to use to evade taxes. But the list also includes several that criminals use to try and scam taxpayers out of money. Here, you’ll find summaries of those scams. You can also view the full list on the IRS website.

Identity Theft

Identity theft, where thieves use stolen personal information to commit crime, is a year-round problem. During tax season, thieves use this information to file fraudulent tax returns and claim refunds. This will create problems when you go to file your legitimate tax return. See the identity theft section of the IRS website for tips and assistance related to identity theft issues. Continue reading

googolplex-header

Googolplex, an organization of the Credit Union National Association, is seeking responsible young people with diverse backgrounds for 12 paid positions on its youth editorial board. No travel is necessary, and applicants are welcome from all over the country.

Board membership requires a one-year commitment, beginning in June 2014. Payment is based on age level. Openings are available in three age brackets for the 2014-2015 school year:

5-Spot Clubhouse Crew, elementary school (grades 3-5)
AJ’s Super Youth Team, middle school (grades 6-8)
C-Note Teenage Panel, high school (grades 9-12)

Googolplex editorial board members gain benefits including payment, writing experience and evaluating consumer-related articles, and opportunities to play online games to learn about money while having fun.

If young people are interested in the position, or want more information, have them contact Laurel Purves, Googolplex youth editorial board liaison before March 7, 2014:

email: lpurves@cuna.coop
Subject: Googolplex Youth Board Application

At EECU, we’re committed to your financial success. That’s why we offer affordable products and services along with financial tools to help you reach your goals. To make things even easier, we’ve included several useful tools in Online Banking to help you keep track of your money.

Track your spending with FinanceWorks™

EECU’s Online Banking comes with money management software built in. With the FinanceWorks™ dashboard, you can monitor all your checking, savings, credit card and loan accounts, whether they’re with EECU or another institution. You can also track your spending and set up a budget to make sure you know where your money is going each month.

Find It: Manage Money > Account Overview Continue reading