Matanuska Valley Federal Credit Union is currently accepting nominations for the 2016 Board of Directors election. The deadline is Saturday, February 6, 2016. All MVFCU Board members serve as volunteers and are either elected by the MVFCU membership or, under special circumstances, appointed by the Board of Directors.
You must be a MVFCU primary member in good standing to serve. If you are interested in serving on the board, or know someone who is, please call MVFCU at (907) 745-4891 or (907) 694-4891 no later than February 16, 2016.
Nominations by Petition
Members who desire to serve, and have not been placed in nomination by the Nominating Committee, may be placed in nomination by petition. The petition must be signed by one percent of the members (approximately 390 members). The petition must also be accompanied by a signed certificate from the nominee that states they are willing and able to serve, if elected.
Nominees shall provide a brief statement of qualifications and biographical data with the petition. All petitions must be received by the credit union on or before March 31, 2016.
By Jean Chatzky
For many, student loans are the first item on the credit report, and as such, they can help set the tone for your borrowing life. Start on the right foot with these tips.
No matter which way you slice it, the numbers aren’t pretty: Two-thirds of college students take out some sort of loan to pay for their education. Numbers released this fall confirm that they are graduating with an average of $29,939 in student loan debt. And if they are attending a private college, they are paying around $37,000 per year.
With that said, I think that a college education is extremely important, and you shouldn’t let sticker shock scare you away. You just need to be a little more careful about how you borrow — and how you pay it back, as well.
The way I see it, there are certain things you can do before, during, and after college to ease the financial burden. I believe that if you follow these rules, you can get a great education without taking on great debt:
You can read the complete article at Rules For Taking Out and Paying Back Student Loans
The Fast and Safe Way
Having your Permanent Fund Dividend (PFD)
deposited directly into your MVFCU account is
fast, safe and easy.
Just use these guidelines when
you file for your 2015 PFD:
• Enter CS for the MVFCU “Bank Code”
• Enter your account number as instructed
in the application. Your account number
is found in the upper right corner of your
periodic MVFCU statement.
The filing deadline is: March 31, 2016.
By Al Strawn
It’s the middle of winter in Alaska and it is cold and dark outside. The wood stove is heating up and I’m spending some quiet time reading and enjoying a hot cup of coffee. As I was contemplating what to write for our member newsletter, I came upon a small chart that intrigued me with its wise advice about money.
It’s the time of year when many of us are reviewing our finances and making plans for the future. We are all guided by some sort of budget or spending plan. Some are very formal and many are not. But how we use money entrusted to us reflects our priorities and over time creates our financial future.
Below are some time-tested words of advice and “practical instruction” on the wise use of money. Not surprisingly, much of the list is used to ensure the safety and financial soundness of your credit union. This sage advice includes:
• Be generous in giving
• Put human needs ahead of profit
• Be careful of co-signing for another
• Use money honestly and with integrity
• Help the needy
• Save prudently for the future
• Be informed about borrowing
As we begin a New Year, there is uncertainty everywhere. Many parts of the world seem to be tipping towards chaos. We wonder what the future holds. Will there be a new recession? Is my job or retirement secure? Will interest rates go up or down? Will there be unexpected expenses or maybe a windfall? Will there be inflation or deflation? None of us can know for sure what kind of economy we are facing this year or next. In light of all the unknown and the stress that can result, I challenge each of us (including myself) to ponder the above list. I personally have found that the best remedy to worry is to take our eyes off of ourselves and begin looking for opportunities to help others.
By the time you read this article daylight will be steadily returning! There are still several months of winter, but as the sun begins to clear the mountain tops we know that spring will soon arrive. My hope and prayer is that this article, in some small way, may help you and your family have a better financial future and a brighter 2016!
With a Debt Roundup Signature Loan
Saving money and debt consolidation are good goals for the New Year. People work hard to get out of debt and save money. While there are many different paths to get out of debt, sometimes consolidation is the first step.