22 Sep

At Navigator Credit Union, Technology Means Safety and Convenience

Navigator Credit Union is proud to continue the tradition of building a legacy of excellence for our members. One proof of this is our commitment to provide the best service possible by continuously updating our technology. Best of all, using our online and mobile services can also help protect you from identity theft and other financial fraud. Here’s how:

Online Banking. Periodically logging on to your account through online banking lets you keep an eye on your balances and account activity, ensuring you catch unauthorized transactions quickly, when damage may be easier to repair. All of your information is safe, thanks to our advanced security features and encryption.

e-Statements. With e-Statements, you will receive an email within the first few days of the month letting you know that your account statement is available through ’N Touch Online Banking. That means that you will receive your e-Statement faster and your paper statement will no longer sit in your mailbox where it can be stolen.

Online Bill Pay. When you pay bills online, you avoid placing checks and other personal information in your mailbox where it can be stolen. Plus, by using e-Statements and online Bill Pay, you can virtually eliminate sensitive paper mail.

Direct Deposit. Having your paycheck, benefits or investment income payments deposited electronically into your account can save you a trip to Navigator and give you quicker access to your money.

Debit Cards. They work the same way as a check — the funds are deducted directly from your checking account — but debit cards are simpler to use, easy to carry and allow for faster transactions. They also don’t contain any personal information, such as an address or phone number, like a check does.

In addition to security, we also have a number of new and upcoming technology additions that will add convenience to your life:

Ask Auto. While you’re visiting the car lot, this new app can be downloaded to your smartphone and will give you detailed information on your vehicle of interest. After you’ve made your decision, skip going to the branch by applying for your loan on the spot using your phone or tablet.

Phone System. Navigator Credit Union recently converted to a new, user-friendly phone system giving members more automated capabilities than ever before. Members will now have access to a full employee phone directory. Our new call back feature keeps you from waiting on hold when call volume is high. By requesting a call back, you can do other things until your call is returned by the next available representative.

Online Account Opening and Mobile Deposit. These two new services will make it easier to open a new account and deposit your checks without ever coming to a branch. Watch for future announcements of these new services.

To learn more about how we offer technology that provides convenience and keeps you and your hard-earned money safe, contact us at 228-475-7300 or visit www.navigatorcu.org.

Respectfully,

Robert A. Fertitta
President & CEO

22 Sep

Hey, Millennials: Whom Do You Trust for Financial Advice?

A recent survey of millennials — individuals born between 1980 and 1989 — found that 39% of respondents worry about their financial future at least once a week.

That sounds like a group in need of some counsel, but a significant number 23% trust “no one” for financial advice.*

The survey notes the top three financial issues for millennials (also called Gen Y): retirement saving, reducing credit card debt and paying off student loans. On a positive note, 47% of respondents are saving for retirement with a 401(k) at work or an individual retirement account (IRA).* However, that leaves more than half of Gen Y who haven’t started a retirement savings program.

The Importance of a Sounding Board

In its survey of millennials, TIAA-CREF found those who seek financial advice are more likely than the general population to make positive changes, such as:**

  • Monitoring and making changes to spending more frequently.
  • Establishing a plan to manage debt.
  • Starting an emergency fund.
  • Increasing monthly savings.

The value of financial advice is clear. Many millennials turn to their parents as well as friends and social media. However, a financial institution’s professionally developed online tools and resources, as well as consultations with a financial advisor, may be more appropriate. In spite of being technologically engaged, TIAA-CREF’s study reports most respondents — 55% — prefer face-to-face financial counseling.

We’re Here for You

The world of finances can be complex, but you don’t need to face it on your own. A financial professional at Navigator Credit Union can provide the help you need to create your savings and spending plan and explore options for retirement saving. Visit www.navigatorcu.org or call 800-344-3281 today.

* Source: Fidelity Investments Millennial Money Study, conducted in April 2014 by GfK Public Affairs and Corporate Communication, Fidelity.com.
** Source: TIAA-CREF Gen Y Advice Matters Survey, press release, Sept. 30, 2014, www.tiaa-cref.org.
22 Sep

Going Green: Compost for a Healthy Garden

Want to reuse, reduce and recycle? You can do all these things if you start a compost pile this fall.

According to the Natural Resources Defense Council, we throw out a quarter of the food and beverages we buy, so by starting a compost pile, you can put that waste to good use in the spring.

In addition to the benefits of going green, your garden and your wallet will benefit. Compost improves the quality of your soil, bringing more nutrients to flowers and vegetables, and is a great (and cheaper) alternative to chemical fertilizers. Ready to start your own compost pile?

Here’s how:

1. Find a spot in your yard that’s at least 3 feet by 3 feet, which is a sufficient size for yard and kitchen waste to decompose without a bin. Or you can simply buy a compost bin.

2. Begin with a thick layer of carbon-rich brown materials, such as yard waste (dead flowers, straw, leaves) and shredded newspaper.

3. Layer several more inches of nitrogen-rich green materials, such as grass and leftover food (no meat, fish or dairy waste).

4. Add a thin layer of garden soil and moisten it all.

5. That’s it! Keep adding to these layers as you generate more waste.

After a while you should see steam emanating from the pile, which is a good sign that it’s healthy, and earthworms should be visible. Once your pile is up and running remember to add to it regularly, and try to have a good mix of brown and green material. Using a shovel or pitchfork, turn your pile every week or two to mix it up, and add some water if it isn’t moist; if your pile is too dry, decomposition will be slow (but too much water will give you a slimy pile).

When your compost pile is dark and rich in color, it’s ready to use, in two to five weeks.

22 Sep

Thank You for Choosing Navigator Credit Union

During this season, many people spend time thinking about what they’re thankful for. The staff and management at Navigator Credit Union are no different. We’re thankful for you!

You and our other members are the reason we strive to provide convenient financial tools, expert advice and unbeatable service. We are grateful for the opportunity to serve you.

Thanksgiving reminds most of us once a year to think of what we’re thankful for, but it can be a worthwhile exercise year-round, too. Research shows that grateful individuals tend to enjoy better psychological and physical health.* You can increase your feelings of gratitude — and, potentially, happiness — by intentionally practicing it. Try these steps:

  1. Notice the good things in your life. Take a moment to look for the little things you may often take for granted, such as a beautiful sunset or sunrise, the way a friend makes you laugh or a warm coat on a cold day.
  2. Savor the things you’re grateful for. Absorb the feeling of genuine gratitude when it strikes you. When something makes you say, “Wow! That is amazing!” pause and soak it up.
  3. Start a gratitude journal. Every day, write down three things you’re grateful for. Or post notes that say, “I’m thankful for ______” or “I’m glad ______” where you’ll see them daily. Every time you look at the note, take a moment to fill in the blank with whatever is true at the moment.

Expressing your gratitude can help spread it around, benefiting those around you. We hope you benefit from this brief expression of our gratitude for you! Thanks for being a loyal member of Navigator Credit Union.

We are grateful for the opportunity to serve you.

* Source: Personality and Individual Differences, January 2013.