America First Credit Union Holds Free “Shred-Your-Stuff Saturday” this weekend Shred Day held at multiple branches in Nevada, Utah Saturday, March 10

FOR IMMEDIATE RELEASE:

America First Credit Union Holds Free “Shred-Your-Stuff Saturday”  this weekend Shred Day held at multiple branches in Nevada, Utah Saturday, March 10

America First Credit Union – (Thursday, March 8, 2018) Dedicated to providing services that enhance security and support financial well-being for its members, America First Credit Union will hold a free shred day this Saturday, March 10, from 9 a.m. to noon, or until the truck is full. Patrons may bring financial documents and personal information for shredding at no cost to any one of the following branch locations:

Las Vegas Craig Road Branch
1225 West Craig Road
Las Vegas, NV 89032

Layton Heritage Branch
425 West Heritage Park Blvd
Layton, UT 84041

North Salt Lake City Winegars Branch
3371 South Orchard Drive
North Salt Lake City, UT 84054

Ogden Main Branch
3650 Wall Avenue
Ogden, UT 84405

Provo Branch
1476 North Freedom Blvd
Provo, UT 84604

Each individual is allowed up to five (5) boxes of materials at a time for shredding. Those with more than five will have the first set shredded and must then get back in line for further service.

For more information, visit americafirst.com, or follow America First Credit Union on Facebook, Twitter, Instagram and Pinterest.

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About America First Credit Union:

As the largest credit union in the state of Utah, America First boasts a long-standing history and 78 years servicing members and has become one of the largest, most stable and most progressive credit unions in the country while remaining a member-owned, not-for-profit cooperative financial institution. Today, America First has 130 locations and is the 10th largest credit union in assets in the United States with more than $9.5 billion and the sixth largest credit union in membership in America with more than 931,000 members.

Media Contact: 

America First Credit Union
Nicole Cypers
ncypers@americafirst.com

Quillin Advertising, Public Relations & Social Media
Tara Trovato
702-800-7803
tara@quillinlv.com

Security Update: It’s Time to Do Some Digital Spring Cleaning

To keep your electronic life secure, use the following tips to remove clutter, upgrade technology—basically, do a digital spring cleaning. Here are 10 simple chores.

  1. Get rid of excess files and items.
  2. Organize your media in labeled files.
  3. Remove unnecessary icons from the desktop.
  4. Uninstall programs that aren’t ever utilized.
  5. Install antivirus, antispyware, antiphishing and firewall software.
  6. Create strong & unique passwords (having different characters/numbers, lowercase/uppercase letters).
  7. Back up important data.
  8. Perform operating system updates.
  9. Defragment your hard drive.
  10. Double-check your smartphone and remove unneeded apps.

And be sure to visit us here to learn how your credit union is safeguarding your resources.

 

Helping You Develop Financial Independence for Retirement

We’re committed to helping ensure your funds are working as hard as they can for you, especially as you save for retirement.

Your membership provides access to a full range of America First accounts, as well as complete investment and insurance services, through CUSO Financial Services, L.P. (CFS*) at America First Credit Union Financial Solutions, including:

  • Broad investment choices
  • Portfolio management with accounting & performance reporting
  • Integration with online banking, giving you a single log-in
  • And more

We’re pleased to have a CFS Financial Advisor serving families and businesses in your community to help you achieve your goals, whether you are considering retiring or your IRA might not be generating the returns it could.

Please call 1-800-999-3961 for a no-cost, no-obligation appointment or send your request to affsolutions@cusonet.com.

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (CFS), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk, including possible loss of principal. Investment representatives are registered through CFS. The credit union has contracted with CFS to make non-deposit investment products and services available to members.

movies

Cinematic Savings: How to Spend Less at the Movies

Whether you’re looking for a fun popcorn flick or you’re anticipating the next Academy Award-winning film, going to the movies is always a good time. Sometimes, however, the scariest thing at the theater isn’t on the screen—it’s on the receipt. The National Association of Theatre Owners reports that the average ticket price in 2017 was $8.97. That means a family of four will spend over $45 just for the show. If you add popcorn, drinks and candy, the total is closer to $75. But it doesn’t have to cost that much. Here are some ways to save.

Go early

Matinee pricing is usually cheaper than regular, so plan on a showing earlier in the day. Some theaters offer additional discounts for the first showing of the day, or if you on certain weekdays. And when you use your Visa® from America First, you can get matinee pricing every Monday night!

Go late

Despite what trailers tell you, it’s not necessary to see a movie on opening weekend. In fact, if you have the patience to wait—and the wisdom to avoid online spoilers—you can cut expenses by choosing a late-run showing or going to the dollar theaters. These establishments offer cheaper tickets for nearly the same moviegoing experience.

Avoid unnecessary fees

Do you really need to see that animated feature in 3D? Will IMAX enhance a romantic comedy? You’ll pay a premium for upgrades, but few are truly worth it. Stick to regular showings for the most part and buy your tickets box office to avoid online convenience fees.

Skip the concessions

The popcorn industry has done a great job of making you feel like their crunchy, buttery, salty treat is a must-have during any film. However, if you eat a good meal before going to the movies, you’ll be less tempted to get snacks and drinks, which is where most theater profits are made. If you can’t resist, split the cost with a group.

Discover discounts

Check to see if a nearby theater offers price breaks for students, seniors, AAA members, or those serving in the military. Warehouse outlets like Sam’s Club or Costco also sell tickets to local theaters at reduced prices. And if you download their apps, many national theater chains have ways you can earn discounts on movies and concessions.

Find freebies

Look for free screenings in your area. During the summer, for example, many communities will show films at local schools or libraries. You can also find out about advance events—when studios invite you to see a movie before the public to generate buzz. These are usually free, but they’re often overbooked and seating is not guaranteed. However, if you don’t get in, you can always go home and stream a favorite from the comfort of your couch.

Service Excellence Delivers Long-Term Benefits to America First Members

John LundBy John B. Lund, President and Chief Executive Officer

Dear valued members,

I feel fortunate and humbled to be a part of such an outstanding organization and I am pleased to report that 2017 was a period of significant accomplishment. Our credit union is strong, stable, and well-positioned for a bright future. We will work diligently to continue earning your trust and support.

Additionally, I am honored to report that Money Magazine recognized America First as Utah’s best financial institution; the following principles illustrate just four of the reasons why:

Value: We endeavor to provide relevant products and services in a convenient and professional manner, simplify busy lives, and help members keep more of their hard-earned money.

To that end, we offer free checking, free 24/7 online & mobile banking, free nationwide ATM withdrawals, free educational seminars, free financial counseling, free credit scores, free document shredding events, free financial calculators and budgeting tools, as well as numerous benefits that recognize the value we provide.

Our Visa® cards allow worldwide transactions, deliver industry-leading cash back & rewards programs, and provide merchant-funded offers that generate additional cash. Using Visa from America First further brings free identity theft recovery services, account and fraud monitoring, real-time security, and free mobile device management, including the ability to turn cards on and off. Discounts for transactions made with our Visas are available at retailers, events, and recreational opportunities.

The credit union’s loan and deposit products consistently lead the competition in rate, flexibility and choice. We are the market’s number-one auto lender and rank among the best in RV and mortgage financing.

America First business members have a wealth of resources at their disposal, including SBA loans, lines of credit, Visa credit accounts, complete in-house merchant services, free checking, and many other significant advantages.

Encompassing a financial solution for every need, we also offer fully managed insurance, investments, health savings, retirement planning, wealth management, and trust services.

Service: It is our goal to establish meaningful lifelong relationships, serving our members how, where & when they choose.

In addition to a significant, multi-state network of 125 branches, America First creates an anytime, anywhere environment with award-winning online and mobile services, mobile deposits, telephone banking, live chat, and robust social and digital media platforms.

Loyalty, retention, and product utilization numbers remain among the best in the nation. Our Net Promoter score–a benchmark for evaluating service quality—is at a level attained by only the best of the best companies.

Throughout my associations and travels, it is not uncommon for individuals to share stories of how America First has served, supported, and benefitted them when they learn of my position with the credit union. It is extremely satisfying knowing we are improving the lives of those around us.

Strength: America First demonstrates fiscal strength, stability, soundness and is independently rated among the best credit unions in the country.

Last year, we received positive results from a National Credit Union Administration examination and from an external auditing firm. When completed, we expect a similar outcome for 2017.

During turbulent economic times, such as the deep recession of 2008 to 2010, a lack of capital strength was often the root cause leading to the weakening or failure of a financial institution. This is not the case with our credit union, as America First closed the year with $912.3 million in capital, up 8.07% from 2016. Our net worth ratio is 11.11%, well above the federal regulatory requirement.

Net income totaled $93.4 million. Assets grew by 12.07%, ending the year above $9.2 billion—America First is now the 10th largest credit union in the nation in terms of this measurement.  Return on assets was a healthy 1.06%. Our membership continued growing at a healthy pace, closing 2017 at over 905,000. Deposits increased $893.4 million (12.39%) and loans grew by more than $1 billion, or 17.16%. Delinquencies rose slightly to .93%; however, the allowance for loan loss is more than adequate to absorb any portfolio deficiencies.

Our top priority is protecting members’ personal data, financial information, resources, and accounts. America First’s highly regarded information technology systems and networks are continually upgraded, enhanced, monitored, and secured.

Heart: We remain committed to improving our communities & schools, making a meaningful difference in the lives of others.

Examples of these efforts include supporting food drives, contributing thousands of personal volunteer service hours, and making meaningful financial contributions to worthwhile charitable organizations. We support schools, communities, children’s hospitals, financial literacy, educational scholarships, and dozens of projects that promote the greater good.

My deepest gratitude is extended to our volunteers and staff, all of whom are passionate about serving you and who remain sincere in their dedication to seek continual improvement. Most importantly, I express my utmost appreciation to you, our members, and reiterate our commitment to developing and maintaining a lifelong relationship with you and your family.John Lund

 

social media

Fraud Prevention: Staying Safe on Social Media

Modern email accounts will filter out most phishing attempts and spam messages, but social networking sites like Instagram, Facebook, Twitter, Pinterest and Snapchat offer scammers a new path to your personal information, financial accounts, and identity. Here are some tips on how to stay safe while using social media.

Safe setup

No matter which service you’re using, check your privacy settings. Facebook, for example, allows you to customize who can see your posts, who can send you friend requests and if you want your profile to show up in search engines. Leaving your profile completely public is like keeping all the blinds open on your house. Use strong, unique passwords for each profile and keep them updated. Only fill out the required fields when registering. The less personal details you share online, the better.

Stay on guard

Don’t accept every friend request that comes your way on social media. Some fraudsters will create fake profiles or use the names and pictures of people you know to fool you. Examine each profile and if something looks fishy, delete the invitation. Avoid clicking on suspicious links, even if it’s from a friend or family member.

Be skeptical of third-party apps that request too much personal information or require unnecessary permissions, specifically when it comes to games and online quizzes. If you’re using a public computer, verify the “save password” box is unchecked when you log in to your profile and make sure to log out when you’re done—don’t just close the window.

Avoid oversharing

As exciting as it is to prepare for a vacation, resist the urge to post your upcoming travel plans online. This could alert the wrong people about when you’ll be gone and your home will be empty. Think twice before tagging your location while you’re out and about for the same reason.

Review each photo before uploading it to social media. Make sure you’re not accidentally revealing any information you don’t want to share, such as the name of your apartment complex or a friend’s phone number. And, it should go without saying, but never post pictures of your credit card, social security card or driver’s license online.

Be proactive

Talk to others in your household about internet safety. After all, one person clicking on the wrong link could put everyone else who uses that computer at risk. Make sure your smartphone is password protected if it is linked to your social networks. Report fraudulent social media profiles to customer support so they can delete the account.

If you suspect that your identity has been stolen, you should contact your financial institution immediately. We offer free identity theft recovery services to all of our America First Visa® cardholders, and will work with you until the issue is resolved. Stay safe out there!

pensions

Retirement Planning: Pensions & 401(k)s

The landscape of retirement financing is changing. While pensions became popular during World War II and were commonplace through the 1980s, 401(k)s are the new normal. But what are the differences? And why would employers choose one over the other?

Pension

Employment-based pensions, otherwise known as defined benefit plans, are investment portfolios managed by the company. After retiring, eligible employees receive income for the rest of their lives. The annuity amount, or monthly payout, depends on age, salary, and years of employment. These plans reward those who work at one company for an extended time.

One reason traditional pensions are less abundant is because most of the investment risk is placed on the employer. Some plans don’t even require employee contributions to disburse pension benefits. Also, if the company has financial issues or mismanages the portfolio, these funds can be reduced or lost completely.

401(k)

Because of the risks mentioned above & other factors, defined contribution plans, also known as 401(k)s, were introduced to supplement retirement income. However, these accounts replaced pensions at many companies. A 401(k) puts more responsibility in employees’ hands, who then choose what percentage of their income they will contribute, as well as the stocks, bonds and mutual funds that will comprise their investments.

There are no guarantees with 401(k)s. Employees assume all investment risks, but they also control their portfolios. Additionally, the money you contribute is yours to keep, no matter how long you stay with one company. Some businesses will match a percentage of what you put in, but that amount is significantly smaller than pension payouts. Additionally, since defined contribution plans cost less, smaller enterprises can participate in providing retirement benefits for their employees.

Of course, when it comes to choosing a plan, you are largely dependent on what your employer offers. Some businesses provide both a pension and a 401(k), but if you only have one option, discuss the potential benefits and risk factors with your human resources representative.

hotel

How to Save on Your Hotel Stay

Whether you’re planning a romantic getaway or you’re taking the whole family on a vacation, lodging can consume a large chunk of your budget if you’re not careful. Here are some tips for saving on your next hotel stay.

Timing is everything

The best way to spend less per night is to go during the off-season. Peak times will vary depending on location. A room at a ski resort will cost a lot less in the summer, for example, but you’re going to have a hard time finding inexpensive accommodations on Valentine’s Day. This also applies to days of the week. Most hotels charge more on the weekends, so a Tuesday-through-Thursday trip could be a lot cheaper. Finally, make your reservation in advance to take advantage of early booking discounts.

Do your research

Shop around to see how much rooms are in certain areas. If you want to reduce expenses & don’t mind traveling, consider staying outside downtown areas. Lots of hotels offer free guest shuttle services. Speaking of which, keep an eye out for complimentary perks such as breakfast, a pool, fitness center, and laundry service. Little bonuses like these can add up. On the flip side, watch out for hidden fees for things like parking or internet access.

Visit a few online aggregators to compare costs and read reviews, but don’t rely solely on them. Sometimes there are limited time offers that aren’t on third-party sites. Once you have a price in mind, contact the hotel directly—they might beat the pricing—and others may match any listing. Ask about the lowest non-refundable rate and if there are deals & discounts not listed elsewhere.

Find the discounts

Look for coupon codes for both the hotel and travel service sites. If you’re a member of AAA, AARP or the military, there’s a good chance you’ll score a cheaper room. Some businesses have loyalty programs that deliver discounts just for signing up. And ask about free upgrades when you arrive, especially if it’s your birthday, anniversary or honeymoon.

Additionally, America First can give you a break just for using your Visa® card—activate ABC Deals® and get 10% off at select hotels. Plus, with our Visa rewards program, you’ll earn points for every dollar you spend, then redeem them at hotels.

Try something different

Seek unconventional options, such as bed & breakfasts or hostels, to save big bucks. If you’re traveling with a large group, rent a vacation home near your destination and split the cost. If you have an in-room kitchen, cooking instead of eating out will lower your budget significantly. And, finally, if you want the cheapest break available, send the kids to their grandparents’ and spend the evening alone together in your own, now quieter & calmer home.

accident

What to do Right After a Car Accident

No matter how safe you’re driving, you can’t control anyone else on the road, which means you may still get into an accident. When that time comes, knowing what to do can save you time, money, even additional injuries. Here’s how to proceed immediately after a collision:

Step 1: Secure the scene

First, don’t leave. Fleeing the scene is a crime and will only get you in more trouble. Move your vehicle to a safe area, such as on the shoulder of the road or a parking lot. If your car is immovable, turn on the hazard lights and stay out of traffic as much as possible. Check everyone involved. If people are seriously injured but not in immediate danger, don’t move them until paramedics arrive—you don’t want to cause further damage.

Step 2: Carefully communicate

If there are injuries, call 911 immediately. Even if no one is hurt, you should still contact the police, making sure proper protocol is followed. Plus, their report is helpful if you decide to file an insurance claim. If the incident is minor enough that officers aren’t dispatched, you can still file your own accident report with the police department or DMV. As you wait for the authorities to arrive, exchange information, including:

  • Names
  • Insurance companies & policy numbers
  • Vehicle makes & models
  • License plate numbers
  • Eyewitness contact information

You should also take note of the responding officer’s name and badge number. You can even take pictures that capture this information instead of writing it down. Also, as you’re talking about the accident, don’t admit fault. This may feel strange—especially if you think you are the one who caused it—but there is a process for determining who’s responsible & the professionals should make that call. For example, you may have been looking at your phone when you hit the other vehicle, but after the cops speak with a witness, they could discover that the other driver ran a red light. Don’t rush to judgment, just state the facts.

Step 3: Consider a claim

Most insurance cards have numbers to call in case of an accident. Report it as soon as possible to ensure quick benefit delivery. However, just because you were in a crash doesn’t mean you must claim it with your insurance company. If it’s a minor fender-bender and no one is injured, filing claims can cause premium increases.

Caution and common sense go a long way after an auto accident. Following the three steps above will help save you some pain, both physically and financially.