Tag Archives | Finances

Helping Students Be Their Best

Tweet In August of 2008, Allegacy Federal Credit Union began the first Student Run Credit Union (SRCU) in North Carolina by partnering with Reagan High School forming the Raider Student Credit Union. Since then, we have partnered with eight other Triad schools to create on-site branches, each operated by students with a teacher liaison. These […]

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Is Debt Consolidation Right for You?

Tweet The beginning of a new year is a great time to evaluate your financial wellbeing. If you have several monthly bills that are all due on different days of the month, a debt consolidation loan could help you simplify the monthly bill paying process by offering a single monthly payment and saving you money […]

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From the Desk of Cathy Pace

Tweet Happy New Year! We have talked a lot about growth in this space and in 2017, that will surely continue. Because in March of this year, Allegacy will celebrate its 50th anniversary. We were founded in 1967 as Reynolds Carolina Credit Union when the leaders of Reynolds Tobacco Company responded to a need for […]

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How Allegacy Can Help You Be Your Best in 2017

Tweet When the clock strikes midnight, signaling the start of a new year, many of us begin our quest to make positive changes to our lives to help us be better than we were the year before. At Allegacy Federal Credit Union, we believe in doing the right thing for the wellbeing of our members […]

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3 Ways to Break the Paycheck to Paycheck Cycle

Tweet You work hard for your money so when there’s a little leftover at the end of month, you deserve to splurge. After all, you’ve earned it. But what happens when you want something that costs more than the extra you have at the end of the month? Maybe you want to take a long […]

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The Holidays are Here. Are You Ready?

Tweet The holidays are a time to spend with family and friends, experience the joy of giving, and participate in countless other traditions you hold dear. While you’re making your lists and checking them twice, don’t forget to add self-care to the top! Many of us live to take care of others and want to […]

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Your Security is Our Priority

Tweet For most of us, the holidays are filled with joy, family and giving to others. Unfortunately, it is common for individuals to take advantage of us during this busy time. At Allegacy Federal Credit Union, we want to make sure you’re prepared to recognize some common scams so your information remains secure. Allegacy will […]

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Should You Pay off Your Mortgage or Invest?

Tweet Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the first item on your financial to-do list. But competing with the desire to own your home free and clear is your need to invest for retirement, your child’s […]

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Holiday Spending Tips

Tweet ‘Tis the season to be surrounded by beautiful store fronts and advertisements enticing you to spend, spend, spend. While this philosophy helps retail stores have a profitable year-end, your budget might be feeling the hit well into the new year. Believe it or not, it is possible to make it through the holidays and […]

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2017 Changes to Flexible Spending Accounts

Tweet A Flexible Spending Account (FSA) is an arrangement you set up through your employer to pay for many of your out-of-pocket medical expenses with tax-free dollars. These expenses include insurance copayments and deductibles, and qualified prescription drugs, insulin and medical devices. You decide how much of your pre-tax wages you want deducted from your […]

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