No one likes to think about what will happen to their loved ones finances after they pass away, but it’s best to plan in advance to avoid frustration and financial loss during an already difficult time. Here’s what you need to know about what happens to someone's financial accounts, debts and more when they die.
Taking on debt can be an inevitable step for many businesses. A loan or a line of credit can provide a struggling business with the cash it needs to expand or fund a new venture. As with every financial move, though, it’s best to consider all angles before going ahead with the decision.
The unfortunate truth is that card fraud happens every day. You may feel helpless in these situations, however there are many precautions you can take to protect yourself against it. That is why we are sharing six tips on how to reduce your risk of card fraud.
The investment in a home is still the American Dream for many people. If you’re ready to move on from renting, a first-time home loan may be the right choice for you. If you’ve never purchased a home before, it can be confusing to know what to buy and the steps to take. These loans are specifically designed to make buying a home as easy as possible for you.
As your financial cooperative, we're here to make sure you have access to your money, even when close contact with other people should be avoided. We've put together a list of ways you can still get your financial business done while lowering the risk of exposure to COVID-19.
Refinancing your mortgage can be a useful financial option. Refinancing can help you whether you need to decrease your monthly payments or the amount of interest you'll pay over the life of the loan.
But no good thing in life is truly free. How do you tell if the price you have to pay to get a better mortgage is worth it? On average, how much does it cost to refinance a mortgage?
We’re here to make the process more transparent so you can best decide if refinancing is a good option for you.
The holidays are upon us, and it is officially time to begin your shopping. However, this doesn't mean you have to overspend.
There’s no need to rack up a huge credit card bill or go into debt just to cover your holiday expenses. Enjoy a stress-free season by keeping your spending in check with our six tips.
We know this year has been challenging. Luckily, the holiday season is officially here, even if it looks a bit different this year! Black Friday, Shop Small Saturday, and Cyber Monday are right around the corner. The COVID-19 Pandemic has interfered with many traditions, but Black Friday sales live on. When you're shopping this holiday season, we want you to score great deals all while staying safe and abiding by CDC guidelines.
College students' minds are preoccupied with details concerning classes, exams, and papers, so they usually have no time to think about food. Many students resort to junk food, fast food, and even ramen noodles!
However, overdoing processed foods will leave you feeling not quite full nor nutritionally sound, either.
It is time to kick those bad habits, but how can you prepare nutritious meals that don’t cost a bundle or take hours of prep time?
When paying for various items and services everyday, many people will pull out their debit card without a second thought. Who carries cash nowadays, anyway?
Although convenient and easy to use, sometimes it is important to take a step back and think about the security risks that come with using your debit card. We've put together a list of four purchases where you might want to think twice before using your debit card.
New Fee: | Details: |
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Maintenance Fee | We are introducing a new $5/month Maintenance Fee to all members. However, this fee can be waived if you meet just one of the following criteria:
• You or someone in your household has had a current loan or mortgage within the last 12 months. • You or someone in your household has an open credit card • You or someone in your household has an aggregate average daily balance of $3,000 in your accounts • You or someone in your household has a relationship with our Listerhill Financial Services department • You have paid at least $125 in NSF, Transfer, or Courtesy Pay fees for the month • You are under the age of 25 • Your account is less than 90 days old • You have paid a Return Mail Fee or an Inactive Account Fee for the month |
Existing Fee: | Changing To: |
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Jumbo Certificates Early Withdrawal Penalty • Terms of 1 year or less: 30 days interest • Terms of over 1 year: 90 days interest | Monthly Certificate Early Withdrawal Penalty • Terms of 1 year or less: 90 days interest • Terms of 18 mos-2 yrs: 180 days interest • Terms of over 2 years: 210 days interest |
Existing Fee: | Changing To: |
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Regular Certificates Early Withdrawal Penalty
• Terms of 1 year or less: 30 days interest • Terms of over 1 year: 90 days interest | Quarterly Certificate Early Withdrawal Penalty
• Terms of 1 year or less: 90 days interest • Terms of 18 mos-2yrs: 180 days interest • Terms of over 2 years: 210 days interest |
Existing Fee: | Changing To: |
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Relationship Fee | This fee is being eliminated. If you currently pay the $10/month Relationship Fee, you will no longer be charged this fee. |
Existing Account: | Changing To: | What This Means: |
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Jumbo Certificates (60 month and 72 month) | Monthly Certificate (60 month) | Certificates will now be offered in six terms instead of ten terms and a reduced minimum opening deposit of $500 is required. However, you will continue to receive the following benefits:
• Interest Paid Monthly • Interest Paid by Deposit to Affiliate Account (Early withdrawal penalties have changed. Please see chart below.) |