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An individual signing an auto loan application.

How To Set Yourself Up For Auto Loan Success

If you’re in the market for a new set of wheels, you’ll likely need to get an auto loan. This loan will significantly impact your monthly budget for at least a few years, so it’s important to make an informed decision when it comes to choosing your auto loan. Here’s how to select an auto loan that best suits your needs.

Make an auto loan budget

Your first step when shopping for an auto loan will be to determine how much you can afford to pay toward the loan each month. Review your current budget and calculate how much you …

Why the Holidays are a Good Time to Consolidate Your Debts

During the holiday season, you’re likely making a list and checking it twice. But between gifts, travel, and festive celebrations, it’s easy to lose sight of holiday spending and your financial goals. This year, why not add “consolidate my debts” to your wish list?

The holidays may seem strange to focus on debt but hear us out. There are several reasons why this is a perfect opportunity to tackle your financial burdens and head into the new year feeling empowered.

Things that cause us to have financial stress during the holidays.

  • Increased gift expectations: Social pressure and marketing campaigns often
…
Beware of Online Quiz Scams

Beware of Online Quiz Scams

Online quizzes are a fun way to pass the time and test your knowledge, but they can also be a way for scammers to steal your personal information. In recent years, online quiz scams have become more prevalent, posing a risk to anyone who takes the bait. Here are some things to look for to protect yourself from online quiz scams.

How online quiz scams work

Online quiz scams typically work by asking you to answer a series of questions about yourself, such as your name, address, phone number, and date of birth. These questions may seem harmless, but they …

Zelle Safety

How to Use Zelle to Safely Send Money

Zelle® is a fast, safe, and easy way to send and receive money with people you trust, like your babysitter, coworkers, fellow PTA mom, or your son’s soccer coach. Whether you just enrolled with Zelle® or have been an active user for a while, there are a few tips you should always keep in mind to ensure you are being safe when sending money.

Only send money to those you trust

At TEGFCU, Zelle® should only be used with friends, family, and others you trust. Why? Because you can’t cancel a payment once it’s been sent if the recipient is …

Switch to TEGFCU eStatements and enter to win $100

TEGFCU eStatements

Fast. Secure. Convenient. Always Available.

Your bank statement is a vital tool for keeping track of your withdrawals and deposits, but more importantly, it also helps you become aware of suspicious activity and possible fraud.

Get TEG eStatements and enter to win $100. Fast – Avoid USPS postal shortcomings, delays, and lost or stolen mail. If you have a problem with your account, waiting for a statement that might never arrive can be bad. Get the same exact information as your paper statements.
Get TEG eStatements and enter to win $100. Secure – Go paperless and protect yourself from identity theft by eliminating the risk of losing or stealing your mailed statement.
Get TEG eStatements and enter to win $100. Convenient – Access your …

How to Read Your Paystub

How to Read a Paystub

Having your paycheck directly deposited into your checking account can be super-convenient, but it can also lead to being unfamiliar with your paystub. It’s important to review your paystub occasionally to check for possible errors and review the deductions, as your accountant suggests. No worries, though, we’re here to help! We’ll walk you through a typical paystub and break down all the numbers and information so, going forward, you can do it on your own.

Navigating your paystub

Before reviewing the actual numbers, let’s take a moment to explore how a paystub is structured.

A typical paystub will have your …

5 Ways to pay off a loan early

5 Ways to Pay off a Loan Early

If you’re like most Americans, you probably owe money toward a large loan. Whether that means carrying thousands of dollars in credit card debt, having a hefty mortgage in your name or making car loan payments each month, loan debt is part of your life. This means you’re looking at hundreds of dollars in interest payments over the life of the loan(s). There’s also the mental load of knowing you owe perhaps tens of thousands of dollars and that you’ll be paying back the loan for years to come.

It can all get kind of depressing—but it doesn’t have to …

How to Create a Budget

How to Create a Budget in 6 Easy Steps

If you’re always wondering how you’re going to pay the next bill, feel guilty when you indulge in overpriced treats and you can’t seem to find money to put into savings, then you probably need a budget.

A budget is not a magic potion that will automatically solve all of your money problems, but it will help you gain financial awareness. That, in turn, will help facilitate more responsible decisions.

Lots of people think budgeting is overly tedious, and that living within a budget means never indulging in a $6 latte or a pair of designer jeans again. The reality, …

Why is my credit score important?

Why Does my Credit Score Matter?

Your credit score is made up of three numbers, serving as an indicator of your financial history, wellness and responsibility. These three little numbers can spell the difference between approval and rejection for a mortgage, a job, a rental unit and so much more.

We have outlined how your credit score is calculated, why it matters and steps you can take to improve your score.

How is my credit score calculated?

There are three major credit bureaus in the U.S.: Experian, TransUnion and Equifax. Each one collects and shares information about your credit usage with potential lenders and financial institutions. …

How to manage high medical bills

How to Pay for Large Medical Bills

If you’re looking at astronomical medical bills thanks to the coronavirus pandemic or another health emergency, you might think there’s no choice but to pay thousands of dollars for your treatment. Lucky for you, though, there is hope.

Here’s some advice on how to bring down the numbers on your medical bills and tips on how to cover the remaining costs in five easy steps.

Step 1: Review your bills.

Typically, you’ll receive an Explanation of Benefits (EOB) from your insurance company along with the actual bill, which tells you how much you’re responsible for paying. It’s important to hold …


APY = Annual Percentage Yield ▪️ APR = Annual Percentage Rate ▪️ All rates and offers are subject to change without notice. ▪️ All financing is subject to approval and is based on an evaluation of credit history, so your rate may differ. ▪️ Please consult with qualified professionals to discuss your situation. ▪️ The calculators on the TEGFCU website are provided for educational purposes and results may differ based on the terms and conditions of specific products and may not apply to you.
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