SCE FCU - News and Alerts

Managing Cash Flow in Retirement

Jan 01, 2016 | News & Press

wealth management

Detailed budgeting, frequent monitoring of income and expenses, and prompt action to address potential cash flow problems are essential elements of financial planning for retirees. Despite careful planning and reasonable assumptions about investment returns, inflation, living costs, and other variables, retirees are likely to face many developments affecting their cash flow over the years.

Expenses vary depending on individual lifestyles and health. Income may be affected by changes in investment performance and interest rates. Other factors bearing on cash flow include changes in tax rates and alterations to Medicare, Social Security, and employer-provided retiree benefits...

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Are You Ready for the Big One?

Jan 01, 2016 | News & Press

earthquake insurance

There’s nothing like a summer “blockbuster” to capture the terror of an extreme natural disaster, as in the 2015 movie San Andreas featuring action-star Dwayne “The Rock” Johnson. Though the film may draw some attention to the risk of earthquakes – in this case “the big one” in California – news footage of the recent devastation caused by two deadly earthquakes in Nepal is more realistic.

According to a recent study by the U.S. Geological Survey (USGS), the likelihood a magnitude 8.0 or larger earthquake will strike California in the next 30 years has increased from 4.7% to about 7.0%. Despite these odds, only about 10% of California homeowners currently have earthquake coverage...

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Changing the Future

Jan 01, 2016 | News & Press

center for financial empowerment

No one likes to think about people living in poverty, but it’s a growing problem that deserves our attention. 34% of children in the greater Los Angeles area, and 27% in Las Vegas, live at or below the poverty level. This is a trend likely to continue for generations to come without intentional intervention. According to the National Center for Children in Poverty, children who experience poverty are substantially more likely to live in poverty as adults.

Although this is a dismal forecast, it doesn’t need to be our reality. Education is the great liberator. The nonprofit founded by the Credit Union, the Center for Financial Empowerment, helps break the cycle of generational poverty for high school youth and young adults in our local underserved communities, and it happens through the power of financial education...

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Holiday Cheer Comes to Thousands of East LA Kids at Weingart East Los Angeles YMCA on December 17th

Dec 16, 2015 | News & Press

LOS ANGELES, Calif. (December 16, 2015) – Weingart East Los Angeles YMCA has partnered with Senator Kevin De Leon, the California Highway Patrol, Panda Express and SCE Federal Credit Union to ensure thousands of children in East Los Angeles receive gifts and stuffed stockings this holiday season. More than 3,000 kids from ages six-months to 13 will open gifts, enjoy hot chocolate, Panda Express restaurant treats, a personal visit from Santa and listen to a choir singing holiday favorites...

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Daniel Rader Named New President of SCE FCU

Dec 02, 2015 | News & Press

IRWINDALE, Calif. (December 1, 2015) - The Board of Directors of SCE FCU announced today that they have selected Daniel Rader to succeed Dennis Huber as CEO, effective June 30, 2016.  Rader currently serves as Chief Financial Officer for SCE FCU.  In his role, Rader has been instrumental in helping lead and manage the $634 million financial institution with over 52,000 members and 9 financial centers in two states...

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Life's Rewarding... your Credit Card should be, too!

Nov 01, 2015 | Special Offers

visa promo

0% introductory APR until March 2017 & points never expire!

Get 0% APR until March 2017 on balance transfers, purchases and even cash advances - on ALL activity through February 28, 2016 - when you get an SCE FCU Platinum Rewards Visa Credit Card!

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Refer Your Friends & You'll Each Get $50

Nov 01, 2015 | Special Offers

referral promo

We're giving out referral rewards!

Simply refer the Credit Union to your friends & family. You'll each qualify for the bonus when they get...

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Let Us Find You the Perfect Car & We'll Make Your Payment, too!

Oct 01, 2015 | Special Offers

cu at the wheel promo

Receive a $100 Amazon gift card when you use SCE FCU's concierge auto buying service - CU at the Wheel - to purchase & finance your next car.1

Plus, you'll be entered into a drawing where 5 lucky buyers will get their 1st payment of 2016 paid by the Credit Union!2

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