Happy Father’s Day


FathersDay

Get to Snapping!


TIME IS RUNNING OUT!

Now is a good time to be snapping those photos or digging through your digital files so that YOU can submit your entry for consideration for publication in our 2019 Calendar. We don’t want you to be among the “I wish I woulda” group when your chance to enter passes you by. We are accepting entries now through June 29, 2018.

If your photo is selected you could win a $150 Visa® Gift Card! That’s not too shabby!

Guidelines: Photos must not contain people and should be horizontal orientation; JPEG or PNG; the higher the resolution, the better the photo quality!

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For a more details, click here.

 

Submit your entryclick here.

Make The Most of Your Vacation Budget


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Vacationing within a budget is becoming easier every day. Even impromptu planning can lead to big money savings.

With websites like Groupon, Priceline and Airbnb you can have a lot of control over where, when and how much your vacation will cost. Each avenue of vacationing comes with its own set of pros and cons:

Airbnb This is a great place to look if you want to vacation like a local. You can rent out a bed, a room, or even a whole house! You get the comforts of a home and don’t have to worry about room service waking you up too early. Just be sure to read the house rules and check out the cancelation policies before booking. Some Airbnbs even allow you to bring your pet along and you can chat with the host before hand so you feel more like a local.

Travel Deal Sites There are many websites out there trying to help you find the best deal for your money. Some even let you name your own price! If you enjoy the unknown, you can potentially stay at a 5-star hotel for a more affordable price by utilizing offers like Priceline’s Express Deals. You book a hotel without knowing which hotel it is until after you’ve booked. Be on the look out for non-refundable pre-payments and other details in the fine print.

Groupon Getaways If you are unsure of what you want for vacation this is a good place to start because you can look at options based on location or interests. Some of the Groupon Getaways are all-inclusive with airfare and even vehicle rental! Make sure to read the fine print because there are often strict booking timelines and limited airport locations.

These are just a few tips on how to make the most of your vacation budget. Regardless of how you vacation don’t forget to let us know so that you can enjoy your vacation without the headache of interrupted card experience. For more information on how to put a Travel Notification on your Members 1st Visa Credit Card or Debit Card click here!

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How to Help Aging Parents Without Going Broke


elderly coupleThe stress involved in being a care provider for your parents is twofold: You want to make sure they’re not in pain, while making sure that you don’t hurt yourself financially. The balance is a delicate one.

Almost a third of adults ages 40 to 59 have provided financial support to a parent in the previous year, according to a recent Pew Research report. If you’re in that situation, see what you can do to help without burning through your savings or going into debt.

Understand your parents’ finances 

If you’re not used to asking your parents about their money situation, this can be a hard topic to broach. But it’s necessary. You want to know upfront about how far their funds will take them, including retirement savings, pensions and Social Security payments. A more important question is: Can they afford assisted living or a nursing home, should that become necessary, and for how long? Also check their insurance coverage should they need expensive drugs or extended hospital care.

Evaluate health coverage

Make sure your parents will have a way to handle future health costs. Although Medicare can cover hospital, medical and prescription drug costs, there are limits, and some expenses may need to be paid out of pocket. Look into options like the Medicare Savings Program for your state, and also use the National Council on Aging’s free service, BenefitsCheckUp.org, to see what other help may be available to your parents.

Get professional advice

Once it’s clear that your parents will need more help soon, get a geriatric care manager to assess the situation. These professionals work with families to determine the best course of action for quality of life in terms of housing, legal services, home care and other assistance. Who is best fit to hold a power of attorney for your parents, for instance, is an issue they can help you sort out.

Get family involved

If you’re not an only child or if you have family members who can help, don’t try to do it all on your own. It can burn you out, and sharing the financial costs with other relatives can help ensure that it’s a family effort.

Consider hospice care

Sending your parents to a nursing home might not be the best option. If a parent has a terminal illness, hospice can be a good alternative, and Medicare or Medicaid may cover all the costs, including care, medicine and other supplies. You’ll have to make sure the arrangement is approved through your parent’s health coverage. Also note that any conditions unrelated to a covered illness may not come under hospice benefits.

By checking on programs and services that can help your parents, you can make supporting them financially a last resort instead of your first.

© Copyright 2016 NerdWallet, Inc. All Rights Reserved


Members 1st Insurance Services can assist you with Long Term Care Insurance, Medicare options, and Final Expense Insurance.

To learn more, contact a licensed representative at (800) 283-2328, ext. 5245.

Insurance Services available to PA and MD residents only. Insurance products are not federally insured and are not obligations of or guaranteed by Members 1st FCU, Members 1st Insurance Services, or any other affiliated entity.

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Movies On a Budget


It’s summertime, you know what that means! It’s time to hit up some blockbuster movies. Unfortunately, going to the movies has become so expensive. Want to know how to save money on movies? Here are seven ways to save.

  1. If you haven’t done so yet, join a loyalty program.
    Movie theater loyalty programs offer their customers great benefits and even better rewards. For instance, many theaters have a $5 movie night, whether it be Monday or Tuesday nights, with free popcorn and drink upgrades. Every time you use your loyalty card, you gain reward points that can be later redeemed for candy, popcorn, drinks or even tickets.The best part about loyalty programs is that most of them are free. So the next time you go to the theater, ask to become a member or sign-up online and download the app. It’ll save you money in the long-run.
  2. Go to your local warehouse club, such as Costco or Sam’s Club.
    Did you know Costco offers movie ticket bundle deals for an affordable cost? Not only do they offer movie theater specific tickets, but they also offer gift cards for movie tickets. Same with Sam’s Club. Both warehouse clubs offer a variety of theater tickets for a discounted price. So the next time you want to take the family to the movies, be sure to make a pit stop and pick up your tickets.

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  3. Bundle your dinner and movie.
    Sometimes, buying your movie ticket while buying your meal can save you money. Restaurant.com offers gift card deals, such as, 2 AMC movie tickets, two drinks, 2 popcorns and a $50 Restaurant.com eGift Card for only $53. Amazon and Fandango are also other great places to look for combo deals. Keep your eyes open because you might be able to catch dinner and a movie at your favorite places.
  4. Have you thought about purchasing a movie ticket subscription?
    Are you a frequent moviegoer? Maybe joining a monthly movie ticket subscription is your best option when it comes to saving money. Some subscriptions, such as Cinemark Movie Club, gives you a free ticket every month and a discount on concessions, as well as, other tickets. Other subscriptions, such as MoviePass, lets you see a free movie every day of the month. If you find yourself at the theater once a week, a movie ticket subscription can save you lots of money.
  5. The right day and right time of day matter. MovieTickets
    Did you know that during the summer, on certain days of the week, theaters offer $1 movies? You have the option between two kid movies, however, it’s the perfect way to spend some fun time with the kids, and costs the same regardless of your age. When you go online, participating theaters will have a schedule with all of the movies being offered during the summer with the day and times. Be sure to keep an eye out at your theater for promotions about Movie Express. Another option is going during matinee. Earlier in the day, movie tickets cost less. You can save money simply by going in the morning or early afternoon. Be sure to check your theater times, before showing up.
  6. Do you qualify for a discount?
    Are you a senior citizen?
    Are you in the military?
    Are you a student?If you can answer yes to any of the above questions, you may be eligible for a discount. The next time you go to the movies, bring your valid ID and buy your tickets for a discounted price.
  7. Look for coupons.
    Coupons are not only for grocery stores and retail stores. Coupon books, websites and apps offer great savings. Some coupons offer dollar amounts off, while others offer free concessions or an overall percentage. Simply go online, type in “movie coupons” and look for valid promo codes.
  8. Where are you already earning money back?
    Do you have a card that pays you when you shop?  Using a debit card like ours or a cash back credit card like this one can earn you money.

 

 

4 Tips for Managing Finances after College Graduation


College graduation marks the end of one chapter and the beginning of another. Gone are dorm rooms, awful part-time jobs and asking your parents for money — hopefully. Now it’s time for your first full-time job and paycheck.

Managing that money on your own can be a tricky task, but these four tips can help recent grads master some of the basics.

1. EVALUATE YOUR CHECKING AND SAVINGS ACCOUNTS

Student checking accounts offer great benefits, such as waived ATM and monthly service fees. Those perks may disappear after graduation, though, making it an ideal time to review your checking and savings account options.

Most financial institutions offer a variety of accounts, so try to find one that will maximize the return on your money, and look for ways to minimize fees. A lot of checking accounts will waive monthly service fees if you set up direct deposit, for example.

2. STAY ON TOP OF STUDENT LOANS

Nearly 70 percent of college graduates have student loan debt, and those who take out loans owe an average of $28,950, according to an annual report by the Institute for College Access and Success.

Understanding what you owe, whom you owe it to and what your repayment options are can help make paying off your loans seem a little less daunting.

The National Student Loan Data System is an easy way to view all of your federal student loans. These loans have multiple repayment options, many of which are income-based. Private lenders set their own repayment terms, so it’s best to contact each lender to review your balance and repayment choices.

Setting up automatic payments through your bank or the loan servicer can help ensure you never miss a due date.

3. START SAVING FOR RETIREMENT

Full-time employment can come with a lot of benefits. One many employers offer is a 401(k).

Some companies will match a portion of what you put in, giving you free money toward your retirement. And since it’s a pretax plan, putting money in reduces the amount you’re taxed on each paycheck.

401(k) isn’t your only option, though, Traditional and Roth IRAs also come with tax benefits. Start saving now, even just a small percentage, and the money you set aside can build upon itself over time.

4. USE CREDIT WISELY

good credit score can save you thousands of dollars in interest on mortgages and auto loans. One way to build your score is to open a credit card.

Look for cards with low fees and interest rates. Rewards such as airline miles or cash back are also a nice bonus. Avoid applying for multiple cards at once, though, as this can harm your credit rather than help it.

If you open a card, try to use it only for essentials, and pay your balance in full each month to avoid interest charges. Failing to do so can also hurt your credit.

Following these tips can prepare you for the big financial challenges ahead and help set you up for success in your 30s, 40s and beyond.

© Copyright 2018 NerdWallet, Inc. All Rights Reserved


 

Need advice?

Check out the following helpful pages on our website:

Deposit Accounts: Learn about our savings and checking accounts

Student Services: Information about refinancing your student loans

Members 1st Investment Services: Information about retirement planning

Card Services: Learn about our debit and credit cards

 

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Come join the fun!


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We hope you will join our Columbia Avenue branch on Friday, May 18, 2018 from 3 p.m. – 6 p.m.!

While you’re visiting us, open a free checking account, and you will receive a free cooler, perfect for your summer travels! You can also take advantage of a number of additional special offers that we have available.

FM97 WLAN will be broadcasting live from 4 p.m. – 6 p.m.

Bring the family to enjoy free prizes, food and beverages (while supplies last) and enter to win Hersheypark Ticket Giveaway.

The staff at our Columbia Avenue branch hopes to see you on Friday, May 18th!

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