Thursday, June 17, 2010

Junior Achievement Feedback

Eaton Family Credit Union supports Junior Achievement.

The thank you notes from Mrs. Hogan's class at St. William's in Euclid were very touching...here are some highlights:

Noelle: I want to be a pharmacist. Now I know that it takes a lot of schooling, but it will pay off with all the money I will make.
Celina: I really liked Junior Achievement. It was so much fun! You have inspired me to be smart and get a good job.
Dena: I want to be a vet when I grow up and now I know how to make a resume and have all the resources for it.
Maria: Thank you so much for teaching me about business. I learned a lot of new skills and I think I will be very successful because of Junior Achievement.
Charlie: I especially loved making our own business.
Morgan: Junior Achievement is a very good way for kids to learn about careers and how to be an entrepreneur.
Elizabeth: I know how to run my business. When I have my bakery I'll bring you donuts.
Katelyn: When I grow up I want to be a doctor. It will be a good job and I know I will succeed in life. I know I will use what I learned in JA.

Monday, June 14, 2010

New Credit Card Laws: Then, Now and Us

Thank you to The Huffington Post for the structure of this post.

Click here for their February 22, 2010 article.

Click here for updates from the Federal Reserve regarding changes in August.

Interest Rates
Eaton Family Credit Union has not raised interest rates on our fixed rate Classic Visa for 5+ years. Our variable rate Platinum Visa may change quarterly based on Prime plus 3.9% APR.

Disclosures
Eaton Family Credit Union's monthly statement will follow the updated format based on average daily balance.

Service Fees
Eaton Family Credit Union: NO Annual Fee, NO Cash Advance Fee, NO Minimum Charge Fee.

Grace Periods
Eaton Family Credit Union cardholders have 25-day Grace Period; time to pay without interest.

Over The Limit Fees
Eaton Family Credit Union credit cards have no Over The Limit Fees.

Universal Default
Eaton Family Credit Union never had a Universal Default rate and never will.

Students
Eaton Family Credit Union student members are eligible for our Visa credit card but they must have an income or co-signer.

Late Payment Fee
Eaton Family Credit Union credit card late payment fee is $19.00.

Rate Changes
Though we cannot guarantee specific future interest rates, Eaton Family Credit Union's fixed rate classic Visa card has varied 1% APR over the last 10 years.

Click here for more information on our NO ANNUAL FEE Visa credit card.

Check out this humorous look at credit cards from The Daily Show with Jon Stewart.

Tuesday, June 08, 2010

Member Education

Click here for financial education for the whole family.

Find Games including the newly updated Practical Money Skills Calculator for iPhone and Tools such as specialized calculators.

Also listen to Home and Family Finance Radio and our 60-minute Hidden Money Secrets presentation.