Make this your year to PAY DOWN DEBT
The start of a New Year is a great time to think about debt consolidation. Minimizing your bills into one solid monthly payment will help you better manage your finances. In addition to saving on interest, the money previously paid toward debt could be channeled into savings that can grow significantly over time.
Here are a few other good ways to tackle that debt:
- Prioritize those with high-interest, like credit card balances.
- Work on paying off your smallest debt first to keep your motivation going.
- Trim your spending and use the extra funds to maximize payments.
- Once one debt is paid, move on to the next one on your list.
Give us a call and see how we can help, whether by transferring high-rate balances, consolidating with a home equity loan or simply by helping you review the options.
Welcome New Board Members
We are pleased to announce that the following individuals were elected via acclamation to the Board of Directors at the 2024 Annual Meeting:
Ms. Utibe Basse, Dominion Energy, VP of Customer Experience
Ms. Iris Griffin, Dominion Energy, South Carolina VP of Power Generation and
Mr. Thomas Arruda, Dominion Energy, VP & Chief Information Officer.
The following individuals were appointed by the Board of the Directors to the Supervisory Committee:
Ms. Tanya Ross, VP & General Auditor
Ms. Kelly Conway, General Manager, Financial & Business Services.
“Their diverse backgrounds and extensive experience will be instrumental in directing our credit union’s future and furthering our commitment to enhancing the financial well-being of our members,” stated Afua Essandoh, President & CEO for the Credit Union.
Mr. Ken Barker was also recently named Chairman Emeritus after serving 22 years on the board. During his tenure he added tremendous value, having devoted a significant amount of time to the Credit Union and its various committees.
We are grateful for the dedication and many years of contributions of our retiring Board and Supervisory Committee members, Ms. Charlene Whitfield, Mr. Michael Frederick, and Mr. Don Dame.
