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Credit union informs: Live DEMO this Friday!

 

1955 UnityWebLayoutV2 Page 3Live demonstrations at the Stockyards Branch

Changes to how you bank with Unity One CU online, by telephone and by mobile device are arriving March 24. We would like to demonstrate these upgrades up close and in-person before they go live. You're going to like what you see.

Will you join us?

Friday, February 27
11 a.m. - 1 p.m.
Stockyards branch


If you are unable to attend, there are other live demonstrations planned. Click here for more information about the online, mobile and telephone banking upgrades

Unity One Credit Union is committed to making your member experience hassle-free and pleasant. Thanks for your patience, as we continue to make improvements you can feel good about. 

View a live demo!

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org


Credit union informs: Investing for retirement

 

F.E. Class - FebHow much money do I need to begin investing? Where should I put my retirement money? Stocks? Bonds? What's the right mix?

If you find yourself asking these questions, Unity One can help! We have partnered with WWK Wealth Advisors to help make sense of investing. We know that success in retirement requires careful planning and investing. Together, we want to help our members reach their retirement goals.

Here are a few important tips, whether you're new to investing or just like a quick refresher, to follow when investing for retirement:

  • Consider the lifestyle you hope to lead. You may need between 60% and 80% of your final working year’s salary each year during retirement to achieve your goals. 
  • Consider the inflation factor. Assume that inflation will average about 4% in the future. Develop and refine your plan through the years, keeping in mind that inflation can potentially spike or dip substantially in the short term. 
  • Develop your retirement plan to include stocks, bonds and money market accounts. Each asset class has different risks and return characteristics, so determine your risk tolerance and plan accordingly. An aggressive mix may include 10% money market instruments, 10% bonds and 80% stocks while a conservative mix may include 20% money market instruments, 50% bonds and 30% stocks. 
For more financial tips, join us at our next FREE financial education class. 
RSVP to the next FREE seminar

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org

Credit union informs: Jewelry sale at the BNSF Campus branch

 

Join Unity One and the Lonestar Employee Club this Friday, February 20, at our BNSF Campus branch for a jewelry sale! Sam's Club and Costco will also be at the branch with goodies for our members. 

LSEC Jewelry Sale

Find a Unity One Branch

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org

Credit union informs: New Bill Pay, Home, Mobile and Voice Banking

 

describe the imageUnity One Credit Union is happy to upgrade and convert our home, mobile and telephone banking platforms on March 24. We feel that this change will be beneficial to you, our members.

New Features:

  • New mobile app (available March 24)
  • Person-to-person (P2P) payments (Ex. Pay a coworker back for lunch, even if he/she banks elsewhere.)
  • Check images
  • Search functions
  • Personal financial management tool
  • Secure e-mail messaging
  • Customized views
  • Calendar
  • Three vs. five security questions
  • Loan payments
  • Show/Hide accounts
  • New look and views
  • Available for Windows devices, including tablets

Existing Features:

  • Account to account transfers
  • Account balances and history
  • Scheduled transfers
  • Multi-layer authentication
  • Account alerts
  • SMS text alerts
  • Online enrollment
  • Integrated Bill Pay
  • Mobile deposit
  • Available for Apple and Android devices, including tablets
View a live demo!

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org

Credit union informs: Filing taxes for #FirstTimers

 

filing taxesMany college students have grown up hearing their parents and the media complain about the headache of tax season. Now that many of these students are on the brink of adulthood, the time to start thinking about filing is sooner than they think.

Here are a few tips from NerdWallet, that can help #FirstTimers file their taxes:

1. Always file if you have had taxes withheld from your paycheck. The law states that a dependent student who earned an income less than $6,100 in a tax year is not required to file taxes. However, by not filing you are essentially giving the IRS a donation.  

2. You cannot claim tax exemptions if you are a dependent. Knowing your status as a dependent on your parents' tax returns is crucial to filing your taxes properly. Dependents cannot claim any exemptions when filing their own taxes, so check with your parents before filing your taxes. 

3. Take advantage of free tax assistance at your college. Many colleges offer tax assistance for their students. Call your counselor's office to find out if it is available at your school. 

4. Start preparing early. The deadline to file is April 15, but it is important to begin well before that date. Starting early allows you to seek guidance and acquire the required documents. 

5. Don't pay to file taxes. College students are eligible to use the IRS tax filing software at no cost. 

6. Do not overlook deductions for your education. Be sure to look into education tax credits and earned income tax credits. 

Follow Unity One on Twitter @UnityOneCU for more updates to our #FirstTimers series. 

Follow Unity One on Twitter

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org


Credit union informs: Renovations at the North Tarrant Branch

 

We are proud to announce renovations at Unity One’s North Tarrant branch location are nearly complete! We invite our members to visit the branch to view the changes. In addition to an updated look, we have added some new features including:

New seating area and coffee bar: We invite you to grab a cup of coffee and relax. Our new bistro tables and couches have been carefully selected for you to sit and stay a while. Wifi will be available in our lobby for members in the near future.

New community room: The community room has been remodeled to accommodate a variety of events. In addition to housing desks designed for training, the community room now has a large flat screen television with A/V connections. This room is available to members to use during business hours by special request. To request use of this room, please contact Kathy Jones, North Tarrant branch manager, at 817-306-3431.

New safe deposit room: We have enlarged and improved our safe deposit room. Members have complete privacy as they take care of personal matters thanks to the addition of frosted glass. 

North Tarrant Remodel

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org

Credit union informs: FREE Investment Fundamentals class

 

Financial Ed - Feb 2015Join Unity One Credit Union and WWK Wealth Advisors at an informative workshop on how to pursue your retirement goals. It's never too soon - or too late - to start!

No matter what your age, this workshop will provide you with insights and techniques that can help you manage your retirement investment plan. 

When: Tuesday, February 17, 2015
            6:30 - 8:00 p.m.

Where: Unity One Credit Union
             6701 Burlington Blvd.
            Fort Worth, TX 76131

RSVP to the next FREE seminar

*The views and opinions expressed at this event are those of WWK Wealth Advisors and not necessarily of Unity One Credit Union. 

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org

Credit union informs: Higher rates!

 

CD HYSA rate increasesWe've increased the deposit rates on two popular savings options - Certificates of Deposits and High Yield Savings accounts! 

  • 1.25% APY* on a 3 year Certificate of Deposit
  • 0.40% APY* on a High Yield Savings Account

Choosing the right type of account for saving is just as important as saving money. With many variations, how do you know which type of account is right for you?

Certificate of Deposit (CDs):
When you save with a CD, you'll put a certain amount of money into an account for a fixed amount of time. When your CD matures, you'll receive your initial deposit as well as the earned interest, assuming you haven't made an early withdrawal (which can come with an early penalty.) CDs can be opened with as little as a $500 deposit. 

High Yield Savings Account:
A high yield savings account allows you to earn interest on the money deposited into the account. Unlike a CD, these funds remain liquid allowing you to make a withdrawal if needed. A high yield savings account can be opened with a $10,000 minimum deposit.  

Find a Unity One Branch  

*APY = Annual Percentage Yield. Rate subject to change without notice. Federally insured by the NCUA.

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org

Credit union informs: Destroying the myths of leasing

 

shutterstock 194800994 smallYou probably have a good idea of the vehicle that you want to drive. Sometimes the hardest decision you have to make is which type of financing is right for you. Purchase or lease?

Our friends at Fairlease have provided the information below to help detroy the myths about leasing. 

Myth 1 - High mileage drivers should not lease. False! High mileage drivers can make great auto-leasing candidates! The number one way to depreciate the value of a vehicle is to drive high miles. That vehicle then becomes the most difficult vehicle to resell. Fairlease allows you to customize your lease agreement for over 15,000 miles a year so you won't have to worry about trading or reselling a high-mileage vehicle. 

Myth 2 - Wear, tear and mileage are penalties. False! Wear, tear and mileage expenses are an equalizer. When you agree to "lease" a vehicle from the the registered owner, the owner guarantees the residual value of the vehicle. If you drive more miles than agreed, you use more of the vehicle's worth, and therefore you will pay for those miles at lease end. If you own the car, you resell it for less and you still absorb the expense of the mileage and excess wear and tear. Whether you lease or own the vehicle, driving high miles or incurring excess wear and tear will affect the vehicle's value. 

Myth 3 - You don't own the car. True...but does that matter? In the lease relationship, the lessor owns the vehicle and you lease (or rent) the use of it. Therefore, at the end of your automobile lease term, the car is returned to the lessor who resells the vehicle. If you want to own the vehicle at the end of your finance term, you can continue to drive a used, depreciated vehicle or you can sell it yourself. You then own the depreciating asset and its value is worth far less than when you purchased the vehicle. 

Myth 4 - Automobile leasing is only for the wealthy. False! Automobile leasing is for anyone who has qualifying credit. You don't have to be wealthy to understand the value of leasing. Everyone has the same opportunity to minimize monthly expenses and maximize savings and investments. 

Myth 5 - Leasing requires more expensive insurance coverage. False! Many leasing companies may require higher limits of liability coverage causing your monthly insurance costs to rise. Not at Fairlease! We require the state minimums of liability, exactly like a conventional auto loan.

Ready to lease a new or used car?
Get a Quote!  

Credit union informs: Paying for college while saving for retirement

 

shutterstock 70550551 blogIt can be done. All across America, families are meeting a mighty financial challenge – the challenge of paying college costs with retirement potentially on the horizon. How do they do it? They go about it consistently; they also get creative.

First, make sure the priorities are in the right order. Strange as it may sound, your retirement may need to take precedence over your child’s college education.

Think about it. Your son or daughter might qualify for student loans or financial aid. By the time they are 30 or 35, they will have the earnings potential to pay those loans back. Do you see any ads out there for “retirement loans” or “retirement aid”? For most, it is much harder to earn money at age 65 than at age 35. Because of this, many choose to allow the younger generation to assume the debt.

The following are some short-term and long-term ideas you may want to consider if you have college costs on your mind:

Save for college the DCA way. While dollar-cost averaging is a useful way to build retirement savings, its merit often goes unrecognized when it comes to saving for higher education. If you could put $40 a month even in a basic savings account with a tiny interest rate, over 10 years that is approaching $5,000. That’s nothing to sneeze at, and will certainly help out. Move the money from a checking account each month into a savings account, or …

Consider a tax-advantaged college savings plan. Contribute to a 529 plan, which features tax-advantaged growth and tax-free withdrawals when the withdrawn funds are used to pay qualified education costs. Not all 529 plans are the same – in fact, some of them will even provide a small cash “match” or “sign-up” bonus when you start your plan. Some 529 plans are even “prepaid” – that means you may be able to secure future tuition rates at current prices, usually at in-state public colleges. Another advantage of the prepaid plans – they are often guaranteed by the state.

Exploit your credit card. No, don’t pay for college with it … well, at least not directly. Some credit cards give you a cash-back rewards option. You may as well put the rewards toward college. Some of the major banks let you do this and so do online shopping websites such as Upromise.

Keep your income as low as possible in the base income year. That is the calendar year that starts as your child is in the middle of his or her junior year in high school. That is the year when college financial aid departments start to look at a family’s earned and received income. If you can avoid taking capital gains or a distribution from a 401(k) or 403(b) in that year, that will keep your taxable income low. Will Roth IRA conversions raise eyebrows? Yes, they will.

However, don’t stop contributing to your own retirement savings accounts, and feel free to pay off consumer debts with the money from your savings and checking accounts – the assets in these accounts aren’t used in financial aid formulas.

Let the college know if your financial situation has changed. Has the value of your home fallen? Is your business netting you far less than it once did? Financial aid departments should be willing to review these developments and may be able to adjust aid for your student accordingly.

Make it a family affair. In some cultures, it is common for all members of a family to pitch in on the down payment or mortgage payments for a home. Consider this strategy as your family saves for college. Close friends and family members may be willing (or even excited) to make ongoing contributions to a college savings plan for your child, and/or an annual “birthday” contribution. They may find giving such a gift to be much more meaningful and fulfilling than a mere toy or item of clothing.

In short, hunting for every scholarship or alumni connection you can and finding a great school at a reasonable price – that’s important. But it may be just as useful (if not more) to be both creative and consistent as you save for college. While it has always been a challenge, by putting some thought into it, most families and students can find ways to respond.

Bill Fairley

Sean Weaver

This article was presented by Bill Fairley and Sean P. Weaver of WWK Wealth Advisors. Bill Fairley & Sean P. Weaver, CFP® are Investment Advisors with WWK Wealth Advisors, a Registered Investment Advisor and may be reached at 817-336-6300 or www.wwkllc.com

RSVP to the next FREE seminar

*The views and opinions expressed at this event are those of WWK Wealth Advisors and not necessarily of Unity One Credit Union. 

 

ABOUT UNITY ONE CREDIT UNION

Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.

Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org

 

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