SEFCU News
Read all about us! See what's current or read up some past issues of SEFCU's monthly newsletter.

Read all about us! See what's current or read up some past issues of SEFCU's monthly newsletter.
Do our coloring activity for July, 2019 - coloring page
Play our Smart Sense Game for March, 2019 - Word Search
Play our Smart Sense Game for February, 2019 - Get Together
Play our Smart Sense Game for January, 2019 - NEW YEAR, NEW WORDS
Do our coloring activity for June, 2019 - coloring page
Play our Smart Sense Game for May, 2019 - Word Search
Play our Smart Sense Game for April, 2019 - Word Scramble
Play our Smart Sense Game for December, 2018 - Winter Word Scramble
After years of investing for retirement and other goals, you may have accumulated a substantial portfolio. If you're approaching or already enjoying retirement, there are important steps that you can take to help ensure that your investment plan – and your nest egg – is on track for your golden years. Keep reading to get tips for retirement planning.
Students in kindergarten, first, and second grade at Cairo-Durham Elementary School learned about saving, budgeting, and spending through innovative programs offered by SEFCU’s Institute for Financial Well-Being. In addition to the sessions being fun and informative for the students, one teacher commented how well the content aligns with grade-level curriculum.
To con artists, down-on-their-luck relatives, or opportunistic acquaintances, older individuals are a goldmine, and here’s why. People over the age of 50 control 70% of the country’s wealth, and seniors between the ages of 65 and 74, with an average net worth of $1.06 million, have more assets than any other age group. Dementia, disability, and decline can make it even easier for criminals to con older adults out of their money, which is also known as elder abuse. There are many types of scams, unethical businesses, and unscrupulous individuals preying on seniors all the time.
During its annual Government Affairs Conference in Washington, D.C. last week, the Credit Union National Association recognized SEFCU’s ongoing effort to deliver free, dynamic financial education to young people with its Desjardins Award for Youth Financial Education in the more than $1 billion in assets category.
For many, tax season equals refund season and there is a temptation to spend the refund on something that falls into the “want” category. However, with more than $3.86 trillion in student loan, auto loan, and credit card debt combined, it’s pretty easy to see that there are more impactful ways a person can use the annual “windfall.”
Experts advise to pay down debt, begin a savings fund, or invest toward retirement as ways to use a tax refund for long-term benefit potential.