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SEFCU honors veterans with Wreaths Across America

On December 14th, more than 30 SEFCU employees, along with their family and friends, volunteered their time with Wreaths Across America at Saratoga National Cemetery. Every year, through Wreaths Across America, millions of Americans come together to remember and honor our fallen soldiers by placing wreaths on all of the gravestones in every national cemetery across the country. The goal of this organization and the message for this day is to remember our fallen U.S. veterans, honor those who serve, and teach our children the value of freedom.

Chris McNeil, Why I Care Employee Recipient

Chris McNeil, Employee Recipient

Most members know Chris McNeil as the Member Service Leader of SEFCU’s Amsterdam branch, but you may not know he is also skilled with using power tools and he’s been putting those skills to good use helping to renovate a number of spaces a

SEFCU’s Institute for Financial Well-Being Visits Cairo-Durham School District

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.

Protecting Yourself from Elder Abuse

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.

Creating Positive Financial Habits

Habits aren’t something that form overnight. It usually takes about 60 days to change a behavior and create a habit. Last month SEFCU’s Institute for Financial Well-Being provided tips for healthy holiday spending live on Facebook, but the tips can actually be used year-round to help you develop healthy spending habits.

10 Tips for Healthy Spending

Improve Your New Computer’s Security

Did you receive a new computer this holiday season? It’s important to properly configure your home computer before connecting it to the internet to keep it, and your information, secure. Because we input and view so much personally identifiable information on computers, it’s very important to maintain computer security.

The following are important tips that can help to make your computer more secure. When used together, these practices will strengthen your computer’s security and help minimize threats:

How to Safely Dispose of Your Mobile Device

Are you thinking of replacing your phone? Maybe it’s time for an upgrade, or maybe you just like having the newest technology in the palm of your hands. No matter what, you’ll need to know what to do with your old device to safeguard your personal information. 
Since we use our phones so much, there is a lot of personal data on these devices – maybe even more than you realize – including:

SEFCU’s Institute for Financial Well-Being Earns National Recognition

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.

SEFCU’s Institute for Financial Well-Being Earns National Recognition

Institute Facilitated Sessions at Women’s Opportunity Center

SEFCU’s Institute for Financial Well-Being recently facilitated a four-part financial education series with clients at the Women’s Opportunity Center in Syracuse where they touched on a number of financial topics. 

The clients, who were 35-70 years old, were active participants in sessions focused on creating a personal spending plan, understanding credit reports and credit scores, finding the meaning of payroll deductions and payroll forms, and developing an effective pay down strategy.

What is the Best Use of Your Tax Refund?

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.