The journey to financial wellness is one filled with all sorts of new discoveries. Once you commit to turning your financial life around, you’ll discover more about yourself, such as your true needs and wants.
Happy Earth Day! At the Credit Union, we’re committed to being stewards of the environment. Last week, members of our staff celebrated Earth Day by volunteering their time to clean Harvard Square. A clean-up event organized by the Harvard Square Business Association (HSBA), brought together volunteers from different businesses and groups around the Square to pick up trash, power-wash garbage bins and more. The Square is ready for spring and looking great as a result!
We make it easy for you to be green (with your banking), too!
Nearly three in four students across the United States graduate from college with student loan debt, and around 60 percent of them don’t expect to fully pay off these loans until they’re in their 40s. So, if you’re currently managing the challenges of student loans repayment, you’re certainly not alone. Paying off student loans isn’t fun, but it can be easier – and more affordable – with the right repayment plan. To learn more about what kinds of repayment plans are available and which could be a good choice for you, read on.
In a recent study conducted by Wakefield Research for Thrivent Financial, respondents agreed that opening the lines of communication is key to reducing stress and ensuring students really are prepared for the realities of college costs. 70% of students wish their families spoke with them about college costs more often.
Experts are predicting that 2018 will be another sellers’ market, meaning there are more people who want to buy a house than there are houses for sale. At the same time, mortgage rates are slowly but surely on the rise. All of this means that if 2018 is that year that you find a home you love at a price that fits your budget, it’s a good idea to think carefully about what kind of home loan is right for you. To get your house-owning dreams off the ground, here’s a quick guide to home loans explained.
We asked a recent college graduate how she’s living with her student loans. Check out what she had to say:
HUECU is proud to have donated to the Harvard College Marathon Challenge team (HCMC) as they run the 2018 Boston Marathon to raise funds for the Phillips Brooks House Association (PBHA) Summer Urban Program (SUP).
This year, the Harvard University Employees Credit Union once again awarded five high school seniors a $1,000 scholarship as part of our annual essay competition.
On Wednesday, March 28, 2018 the Credit Union held its 78th Annual Meeting. To begin the meeting, Chairman of the Board George White, and President & CEO Gene Foley addressed the membership. They both expressed great appreciation for our loyal members and hardworking staff that helped the Credit Union achieve yet another successful year. In addition, Executive Vice President & CFO Craig Leonard reported on the strength of the Credit Union’s financial position, as well as the robust growth the Credit Union experienced in 2017. Mr. Foley spoke to members about his optimism regarding the Credit Union’s ability to adapt to the increasingly rapid pace of change in the world of finance. “Fifty years ago, credit unions were the disruptor in the financial services market place,” stated Mr. Foley, emphasizing that “We did this one transaction at a time- member by member.” He concluded his speech with “I have every confidence that in the life of our Credit Union, the best is yet to come.”
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