Streamline Your Finances—Automatically

Putting your money on auto-pilot saves time, money, and the environment. Step one is to find out if your employer offers direct deposit; most do. Signing up is usually as simple as taking a voided check to your human resources department. You’ll see your first paycheck appear automatically in your Hopewell Federal Credit Union account within a few weeks.

Step two is to set up electronic payments. There are a few ways to do this, and you can use them all:

* Authorize a biller to take money directly from your checking account. These ACH payments can take a bit of effort to stop, so use them for regular, uniform payments that will continue for a long time—mortgage payments are a no-brainer.

* Pay bills online using a credit card. Paying with your credit card is ideal for bills that only pop up twice a year—like car insurance. It’s also a good option for bills that change in amount, such as your cellphone bill. Be sure to pay off the card balance each month to minimize interest charges.

* Use Hopewell Federal’s online bill pay service to pay bills by electronic transfer to a vendor or service provider. Or, if the merchant isn’t set up to accept these, the credit union will issue a paper check debiting your account. You can set up payments 24/7, adjust payment dates to jibe with your paydays, and make optional extra payments when you can—say to your credit card.

With these three automated options, you can pay every bill you have.

Don’t overlook automating routine savings, too. Set up automated transfers from checking to your credit union savings account(s), and you’ll always be financially ready for an unexpected car repair and for infrequent but larger bills like insurance premiums.

Streamlining your finances with online tools is about more than just saving time. By helping you to avoid late fees and overdraft fees, automatic services save you money. To make sure you’re never penalized for overdrawing your checking account, for example, set up an overdraft protection savings account or line of credit at Hopewell Federal Credit Union.

Once you’ve automated your finances, use our website to track your accounts and transfer money between them. Check accounts frequently to make sure your automated system is working smoothly, and to monitor for attempted fraud or ID theft.

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Hopewell Federal Credit Union Welcomes

Deanna Mox of Zanesville Signs On as Member Services Associate

Hopewell Federal Credit Union (HFCU) announced the recent hiring of Deanna L. Mox as Member Services Associate.  Her hiring continues HFCU’s quest to offer the best support and services to help its members get ahead financially.   

Mox will round out the HFCU Sales and Services team where she will assist members with new accounts, lending as well as saving and investment assistance.  Mox brings more than twenty years of financial institution experience to this new roll and she shared her enthusiasm by saying, “I’m thrilled to join the dynamic team at Hopewell Federal and look forward to assisting its many members in the coming years.”    

An Ohio native, Mox graduated from Tri-Valley High School (1987) and Mount Vernon Nazarene University (2003).  She resides in Zanesville with her husband Wayne and daughter Paige.  She has a passion for horses and actively serves on several organizations.

CREDIT UNION REPORTS ‘WE’RE READY’ TO RECEIVE NEW MEMBERS’

Nationwide movement urges customers of big banks to switch to credit unions

With thousands of consumers pledging to move their money to a credit union by Nov. 5 as part of “Bank Transfer Day,” Hopewell Federal Credit Union of Heath/Newark, Ohio reports it is ready to accept new members now.

“Every day is a good day to join a credit union,” said James G. Johnson, President / CEO of Hopewell Federal Credit Union.   Now is the time to become one of more than 92 million Americans nationwide who are already enjoying the advantages of credit union membership.” Johnson said consumers who do make the switch will find that on just about any given day, on average, credit unions offer higher return on most savings, lower rates on most loans, and lower (or no) fees than other financial institutions charge. (See the national daily rate comparison at http://creditunion.coop/ratedex.php).

In fact, the Credit Union National Association (CUNA) estimates that, over the last year (12 months ending June ’11), the average credit union member saved $69 (and $132 per household) just by doing business at a credit union. And that’s on average; the more a consumer does with a credit union, the more the consumer saves.

For example: Financing a $25,000 new car for 60 months at a credit union would save a credit union member an average of $174 each year in interest expense compared to what that member would pay at a bank. That’s about $1,000 in savings over five years.

Johnson added that credit unions are not-for-profit financial cooperatives, organized solely to meet the needs of their members, who govern the institution by electing from within the membership officers and directors (who establish the policies under which the credit union operates). The elected officials may also employ professional management to run the credit union day-by-day. Voting is one person, one vote, meaning every member has an equal voice regardless of the amount of savings or loans they have with the credit union.

To join a credit union, a person must meet eligibility requirements (called a “field of membership.”) Typical fields of membership include employee groups, associations, religious or fraternal affiliations and residential areas. “Not everybody can join any credit union — but there is a credit union for everybody,” Johnson said.  “Make your best decision based on your needs and that of your family,” Johnson added. “If you like saving money, and conducting your financial business at a place that focuses on your needs, join a credit union.”

Your Credit Union: The More You Use It, the More You Save

Did you know that in 2011, America’s credit unions provided their members nationwide with $6.3 billion in financial benefits*? That’s an average of $132 per member household according to Credit Union National Association’s economics and statistics department.

Credit unions save members money by charging lower interest rates on loans and paying higher interest or dividends on deposit accounts and investments. They also charge fewer and lower fees. So the more you use our credit union, the more you save.

The main reason Hopewell Federal Credit Union can offer a better value is that we’re a member-owned, not-for-profit cooperative. In fact, credit unions have outshined other financial institutions in every American Banker customer satisfaction survey since 1984. We exist to meet members’ needs, not to make a profit and maximize the wealth of outside shareholders, as banks do.

When you look at credit unions vs. banks, the difference matters—it saves you money.

Come see us today or call us at 740.522.8311 for all your financial needs.
Copyright 2011 Credit Union National Association Inc. Information subject to change without notice. For use with members of a single credit union. All other rights reserved.

Why Throw Away Your Money? Save with Sprint!

Join the over 1.2 Million credit union members nationwide that are already saving over $124 million on their wireless plans!  Hopewell Federal Credit Union is pleased to bring our members these major savings through the Sprint Credit Union Member Discount Plan.

Ways you can save:

  • 10% off* most regularly priced Sprint individual service plans
  • 15% off *most regularly priced Sprint business service plans
  • Waived activation fee on new activations
  • Waived upgrade fee
  • Available to new and existing Sprint customers

Enjoy the perks, benefits and exclusive discounts that only credit union members like you can receive.

3 Ways to Get Your Discount:

–   Call 877.SAVE.4CU (877.728.3428) and let them know you’re a credit union member. Ask to be a part of the NACUC_ZZM Corporate ID to save

–   Click http://www.SprintSave4CU.com

–   Visit your nearest Sprint store

What are you waiting for? Start saving today!

*Application of discount requires 2-year contract extension on existing plans. Verification of membership is required at time of activation/upgrade.

All rights reserved. Sprint, the logo, and other trademarks are the trademarks of Sprint Nextel.