Author Janet Berry-Johnson What’s one thing you wish you’d known about being a parent before you became one? For me, it’s just how expensive having a child can be. When my son was born over six years ago, I knew our expenses would go up, […]
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How Much Money Do You Really Need to Retire?
Consider this your financial planning cheat sheet. Author Marianne Hayes Are you on track for retirement? Before you try to answer that question, consider this: The average 65- to 74-year-old, it turns out, spends close to $49,000 a year. If you’re wondering if your nest […]
View more6 Common Myths About Estate Planning
Sort through the misconceptions of estate planning to create a prosperous future for your family. Author Rachel Hartman While it may be a task that’s low on your to-do list, estate planning can provide guidance for your loved ones in the future. It will also […]
View moreIntroducing our new look and refreshed website
We’re excited to introduce our new and refreshed website. At TEGFCU, relationships are everything. Our team is dedicated to giving you an excellent member experience through the personal touch of our friendly staff. We are genuinely interested in helping you achieve what matters most; to […]
View moreU.S. Trade Deficit Widens
The goods and services deficit was $53.1 billion in December 2017, up $2.7 billion from $50.4 billion in November 2017, revised, according to a new report from the government. December exports were $203.4 billion, $3.5 billion more than November exports. December imports were $256.5 billion, […]
View moreWork Stoppages Near Historic Low
There were a total of seven work stoppages 2017, according to the U.S. Bureau of Labor Statistics. Since the series began in 1947 this is the second lowest number of major work stoppages recorded in a year, the lowest annual total was five in 2009. […]
View moreYes, You Should Be Prepared to Negotiate Salary
How often do job seekers speak up to secure a better package? Staffing firm Robert Half recently asked this question of professionals, and the results were interesting. For instance, 39 percent of workers tried to negotiate a higher salary with their last job offer. Among people […]
View moreMore Americans Are Buying Groceries Online
Online grocery shopping continues to rise in popularity, according to a new survey from Unata, a provider of digital solutions for grocers. In 2018, 36% of U.S. consumers plan to shop online for groceries, which is up from 22% of those who shopped online in […]
View moreBiz Owners Need a Succession Plan
Over 70 percent of business owners polled in a recent survey for insurer Nationwide noted that they are not planning to retire, don’t know when they’ll retire or do not plan to retire for 11 years or more. This isn’t a good thing, since business […]
View moreIRS warns of potential surge in fake CEO phishing scam
* This article and image was written by Don’t Mess With Taxes and published online on January 19, 2018. With the official start of the 2018 tax filing season just more than a week away, folks have been collecting important tax statements they’ll need to file their returns. […]
View moreSubzero Heroes
TEG is proud to sponsor the 2018 Subzero Heroes Jump on February 13 at Berean Park in Highland. We have a group of brave staff members ready to jump into a frozen lake to help the Alzheimer’s Association. Click here to make a donation to Team TEG. Thank you.
View moreTEG to Award Three $1,000 Scholarships
Complete and return the 2018 scholarship application by April 2nd for your chance to win the TEG Joyce A. Betros Scholarship.
View moreEverything You Need To Know About The Equifax Breach
In a recently revealed breach, 143 million Americans may have had their personal information exposed.
View moreFinancial Tips for Single Parents
Single parenting brings unique budgeting challenges. The U.S. Department of Agriculture reports that it costs an estimated $241,080 for a middle-income couple to raise a child to age 18 – and many single parents shoulder that responsibility alone. Even with adequate child support, it’s smart […]
View moreKeeping Friends And Finances: How To Deal With Financially Challenging Friendships
Friends are the family we choose for ourselves. But some friends can be a serious drain on your savings. If you recognize these kinds of people in your life, it’s hard to know what to do. Here are several examples of financially dangerous friends and […]
View moreWomen’s History Month: Women At Work
March is Women’s History Month. At TEG Federal Credit Union, we’re proud to join in the nationwide celebration of women. To do that, we’d like to take this time to recognize five important women in the history of finance and entrepreneurship who are rarely applauded […]
View moreDon’t Panic: Filing Taxes As A College Student
Imagine skipping a day of class, then coming into the next session and seeing a test. You open the packet and see what appears to be gibberish staring back at you. Everyone else around you seems to have a perfect grasp of what’s going on, […]
View moreBeware of Mystery Shopper Check Scam
We have seen an increase of counterfeit TEG checks as part of Mystery Shopper Scam
View moreFinancial Self Defense
How To Respond To ‘Can You Hear Me?’ “Can you hear me now?” is the once-popular tagline of Verizon commercials, but it’s also the headline of a new scam. Scammers making robocalls will ask some innocuous question. Once the targeted person says “yes,” a recording […]
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