SCE FCU News

The Center for Financial Empowerment is hosting a special Mad City Money event for teens from the Southern California community.

That’s right... You asked, and we’ve answered! This is a chance for your teen to participate in the popular interactive learning activity we provide for local high schools!

Plus, an extra special offer...

We're providing down payment and closing cost assistance for California and Nevada homebuyers through several new programs to help you get into a new home with little or no down payment.

Inside this issue...

• A Note from the CEO
• Safe, Sporty & Steep; 2019's Best Vehicles
• Bidding a Fond Farewell to The Source
• Make April 15th Less Taxing
• Brighter Tomorrows.

Dear Members,

Happy New Year! This is the time of year many of us will make resolutions to improve our health and happiness. You may resolve to set and stick to a budget. According to Business Insider, 80% of us who resolve to budget will break that pledge by February. But there is good news: a simple formula that can help you make a budget and keep it year-round. It’s called the 50-20-30 rule. A Forbes Magazine article published in 2016 explained the rule as follows:

For a limited time we're offering a 17-Month Certificate at 2.75% APY

$10,000 minimum. New funds only.

It's easy to request your certificate online, by using one of the buttons below.

• Current SCE FCU Members

  Request to open your 17-Month Certificate here.

  Start Here

Up For A Challenge?

Save the date! Giving Tuesday, November 27th, is a global day of giving. It comes soon after Thanksgiving, the day many of us celebrate the things we’re thankful for. Is there a better way to show your appreciation than by giving back during this charitable season?

It’s time to prepare for the upcoming holiday shopping season, but you may not be the only one getting ready to take action. The flurry of activity that goes on gives thieves additional opportunities to take advantage of unsuspecting shoppers.

Here are a few tips to help keep you protected this season:

Slightly more than half of U.S. businesses are home based, and people who run businesses from their own homes often assume their homeowners insurance provides sufficient coverage.¹ This misconception may expose them to a considerable amount of risk.

With standard homeowners insurance, the coverage for business equipment such as computers is often limited to $2,500, and business liability is typically excluded altogether, so it’s easy to see how the owner of a home-based business could end up underinsured.

Dear Members,

The holiday season is right around the corner and I thought this would be a good time to offer an important piece of advice: create a budget. No, I’m not Scrooge or the Grinch. I want everyone to enjoy the holidays. What I don’t want is for anyone to suffer post-holiday blues about their spending.

Banks call them Certificates of Deposit; we call them Certificates or Share Certificates. Historically, they’ve been a sound, reliable investment, providing a nice balance to the roller coaster ride the stock market can sometimes take you on. Now that interest rates are on the rise again, certificates are becoming even more attractive. And we’ve got something we hope will catch your eye…