LEGACY BLOG
The Debt Reduction Diet
In a report by the Federal Reserve and U.S. Census, the average debt in the U.S. is $144,283 per adult over age of 18. Also according the Federal Reserve U.S. debt grew by 3.3% in 2015, while income grew by only 1.7%. In short…we are all need a Debt Reduction Diet. While it is easy to […]
Health & Wealth: What is the Key?
How many times have you tried to go to sleep as your mind keeps racing about your finances? It has been reported that within the U.S, 72% of respondents to an American Psychological Association survey reported feeling stressed about money. Half of this number reported depression stemming from the initial financial stress, with no means […]
What Makes Up Your Credit Score?
The Four C’s of Credit When determining Creditworthiness, Banks and Credit Unions take into account Credit Reports and Credit Scores. However an integral part of the process is the determination of the Four C’s of Credit. The Four C’s of Credit will greatly impact an individual’s ability to obtain auto loans, credit cards and mortgages. Capacity Indicates how much debt […]
Mechanical Repair Coverage
Are you prepared to pay for costly vehicle repairs? According to Edmunds.com, car repair costs rose an average of 6.7% in 2013.1 How many times have you heard stories about cars that never broke down or had any mechanical difficulty, after the warranty ran out? According to a study by IHS Automotive, the average age […]
7 Money Resolutions to Make in 2016
Now is a great time to get your finances in order for 2016. Kate Ashford of Forbes Magazine has 7 Money Resolutions to make your 2016 brighter. No matter what your financial goals, now is the time to tackle them. You’re starting fresh (tax-wise, anyway), you’re probably a little cash-shocked from the holidays, and you’re […]
Keep Cards Secure this Holiday Season
Legacy wants you and your family to have a happy holiday season, but with holiday shopping there can be an increased potential for fraud, especially when you use a debit or credit card. While we take every precaution to make sure that your card transactions are secure, there has been an increase around the country […]
Legacy Launches Remote Deposit Capture
Remote Deposit Capture: FAQs
EMV Chip Cards
Recently you may have heard media reports about the October 1 implementation of new EMV Chip Card technology. Chip Cards are payment cards with embedded chips, offering advanced security when used to pay in store, or to access funds at an ATM. Chip cards are based on a global payment standard called EMV, used in […]
Legacy Donates Money to Children’s of AL
Legacy Donates $10,000 to Children’s of Alabama The Legacy for Good Foundation partnered with Legacy Community Federal Credit Union for the 2nd Annual Legacy for Children’s initiative, donating over $10,000 to Children’s of Alabama, the state’s only freestanding pediatric medical facility. The Legacy for Good Foundation and Legacy Community Federal Credit Union partnered to sell […]