SJP Federal Credit Union

REFINANCE YOUR AUTO LOAN AND WE WILL LOWER YOUR RATE. GUARANTEED. - https://mailchi.mp/sjpfcu/rate-match-guarantee

Be on the lookout for plain white envelopes with a return address of 'Money Network Cardholder Services'. Over 4 million Americans are receiving their economic stimulus funds via debit cards that come in the plain white envelopes. Many Americans are mistaking them for junk mail. If you receive one of these envelopes DO NOT THROW IT OUT! https://www.marketwatch.com//check-your-junk-mail-4-millio

"US consumer prices declined for the second-straight month in April, the Bureau of Labor Statistics reported on Tuesday. Prices fell by 0.8% on a seasonally adjusted basis in April, marking the largest drop since December 2008. That's an alarming drop, dragged down primarily by falling gasoline and energy prices. But excluding volatile food and energy, prices still fell by 0.4%. That's the largest monthly decline in the so-called core consumer price index since the BLS began tracking the data in 1957." https://www.cnn.com/20//12/economy/consumer-prices-april/

Nobody’s bailing out Connecticut landlord Maribeth Shields. More than half of the tenants in the 27 low-income apartments she owns in the city of West Haven and its vicinity aren’t paying and there’s nothing she can do about it. The state banned evictions until July and allowed tenants hurt by the pandemic to defer with no penalty. But Shields can’t pay, either. Her profit last year came to only $24,000, and now she’s behind on $1.2 million in mortgages. Like millions of othe...r U.S. landlords, who owe lenders more than $1 trillion combined, her fate is tied to renters now urgently focused on their own self-preservation. My tenants think I’m rich, Shields says. They have better cars than me, better nails, and better tax refunds. https://www.bloomberg.com//if-landlords-get-wiped-out-wall

"The dramatic shifts in consumer behavior reflect the unprecedented turmoil in the US economy caused by the pandemic. Although caution is a logical response to that uncertainty, hunkering down also poses a risk to the recovery in an economy dominated by consumer spending. A so-called V-shaped recovery can't happen if consumers are sitting on the sidelines." https://www.cnn.com//jobs-coronavirus-consumer/index.html

Apply Now For Paycheck Protection Program Loans Through SJP Federal Credit Union!! - https://mailchi.mp/sjpfcu/ppp

IMPORTANT CORONAVIRUS ALERT: Please use the drive thru for all over the counter transactions until further notice. - https://mailchi.mp/sjpfcu/corona-virus

Let SJP Help You Ring in the New Year!!! Are you making the most of your membership in SJP Federal Credit Union? In case you were not paying attention over the past year or so, here are a few financial moves you can make in 2020 to bolster your financial position and enhance your relationship with the credit union:... 1. Make sure your primary checking account is with SJP. This one is a no brainer. With access to over 50,000 ATMs nationwide, Online Bill Pay, quarterly dividends of 3.03% APY on the first $3,000 in your checking account, no monthly maintenance fees, free bank checks and money orders, and no strings attached.* Why would you bother with the big corporate banks at this point? 2. Pay off your credit card debt. We have plenty of options to get rid of your credit card debt. With everything from home loans to consolidation loans, as long as you have decent credit we should be able to help you work your way out of credit card debt. All of the options we offer will likely drop the rate on your debt and lower your monthly payments. If you do not have decent credit we can help you with that too! 3. Open up a Home Equity Line of Credit. Our HELOCs are famous for their low fees, great rates, and fast turnaround times. Tie a free checking account with a debit card to it and plan your dream vacation or home renovations of your choice. 4. Start saving! With some of the best savings rates in the nation, we have you covered whether you want to save for your child’s education, your retirement, or just a rainy day fund. Our Money Market Accounts are still paying the highest rate in the area and you can open an account right online from the comfort of your home. These are just a few of the many ways we can save you money and help improve your financial wellbeing. Call the office to speak with one of our friendly Member Service Representatives to discuss the many different ways we can help you.

Online Bill Pay is here! Click the link below to apply! https://www.sjpfcu.org/bill-pay-application/

Good advice for all those SJP members out there in their 20's! Take note youngsters! https://www.inc.com//19-things-future-multimillionaires-do 1. They develop multiple income sources....Continue reading

It's an upside-down world right now!! Longer-term rates (like the 30-year mortgage) are now equal to or lower than one-year rates (like the indexes used with most ARMs), explained Guy Cecala, publisher and CEO of Inside Mortgage Finance. Bad time to get an ARM. https://www.cnbc.com//the-inverted-yield-curve-is-doing-so

Beware of the fraudsters! Cashier's check scans are on the rise. If your instincts are telling you something does not seem right, something is probably not right! https://www.vox.com//19/20808/cashiers-checks-online-scams

JOIN US THIS THURSDAY FROM 12-4 PM FOR MEMBER APPRECIATION DAY!! - https://mailchi.mp/sjpfcu/map16-3519961

Wow! Rochester making the list of the Top-10 housing markets in the nation! https://www.usatoday.com//homes-sale-heres-whe/1870556001/