ACU News / Blog
Ascension CU provides lunch for AP Principals+
Ascension Credit Union was excited to provide lunch to Ascension Public Schools’ Principals’ Meeting attendees. The event was catered by Philay’s Catfish and More Restaurant and was held at Central Middle School. Following a presentation by CEO Lloyd Cockerham, a drawing for a $1,000.00 donation went to G. W. Carver Primary School (Rhonda Gillard, Principal). The credit union was established in 1974 for employees of the Ascension Parish School System, so it is always an honor for ACU to interact with APSB employees. There were 55 attendees that consisted of Superintendent Dave Alexander, Central office staff and school principals. Denise Graves, Asst. Superintendent, serves as an active board member of the credit union. She acknowledged the importance of the partnership between APSB and ACU.
2019 45th Anniversary Annual Meeting+
Ascension Credit Union held its 45th Anniversary Annual Meeting on April 17th, 2019 at Elegant Affairs in Gonzales with over 250 members in attendance. Chairman James Moore and CEO Lloyd Cockerham reported on the credit union’s financial stability. Members enjoyed guest speaker, Sheriff Bobby Webre, who is a long-time member of Ascension Credit Union. Dinner was served by Elegant Affairs, and multiple cash drawings occurred throughout the meeting with a grand finale of five (5) $450.00 cash giveaways. Also, Starsky made a special appearance!
2019 Extreme Color Run+
Ascension Credit Union had the pleasure of being one of the sponsors for the 2019 Extreme Color Run, signature event hosted by The Extreme Ranch Rodeo on March 9th. Hundreds of participants enjoyed the excitement of the color run and refreshments provided by ACU and other local businesses. There were other events going on during the Color Run including rides, exhibits, and more family-oriented activities. Several staff members represented the credit union at our booth and interacted with the community.
St. Elizabeth Family Fest+
On January 19th, hundreds of people from the community attended the 2019 St. Elizabeth Family Fest at Lamar Dixon. Ascension Credit Union participated as a prime sponsor for the event. The credit union provided a face painter and a balloon artist to entertain the children. Starsky, our new mascot, made an appearance and created lots of excitement among guests. Along with giveaways, the credit union had a drawing for an Apple watch.
Ascension CU Blog
(May, 2019) Financial Advice for New Graduates+
Financial Advice for New Graduates
You did it! You finally got your degree! Now it’s time to start handling all your own finances too (if you haven’t already started). Here is some financial advice to help you get a good start.
Student Loan Repayment
In about 6 to 9 months after graduation, you’ll have to start paying back your loans. Lenders give you that grace period so you can find your new job before you begin making payments. It’s important to know the total amount you owe and how much you’ll need to pay each month. There’s a repayment estimator online at: https://studentloans.gov/myDirectLoan/repaymentEstimator.action. If you have multiple loans, you may want to consider consolidating them, so you only have one monthly payment.
Another good resource that answers the most common student loan questions is: https://studentaid.ed.gov/sa/repay-loans/understand.
Create an Emergency Fund for unexpected expenses -- things like a car or laptop repair. Even if you’re paying off student loans, try to put at least $10.00 into a savings account each time you deposit a paycheck. Creating a cushion will help you avoid overusing your credit cards and getting into more debt.
Credit cards tend to have high interest rates, so try to use them sparingly. If you do use them, be sure to pay your monthly bill on time. Ideally, pay off the entire balance each month, but if that isn’t possible, then pay more than the minimum payment.
Stay on your parents’ health insurance policy until 26, if possible. If you’ve moved into your own apartment, get renters’ insurance. It’s not too expensive and it will reimburse you in case your apartment gets robbed, or your possessions are damaged by fire, severe weather, or vandalism.
Keep the electronic files of all your legal documents and contracts, but also keep a paper copy as back-ups and put them in a small filing cabinet or box. Also consider getting a fire-safe lock box to keep important documents like your passport, social security card, title for your car, and sentimental items.
(April, 2019) Spring Clean Your Finances+
Clean up your credit
Get a free annual credit report from each of the 3 major credit reporting companies through annualcreditreport.com. Review each to see if there are errors and clear them up with the credit reporting companies.
Review regular expenses & purge
Do you really need all those online subscriptions? Do you eat out more often than you need to? See where you can eliminate expenses on things you don’t really use or can do without.
Shred documents you don’t need
Keep receipts until the warranties expire or the credit card statement arrives. Keep account statements and paystubs for one year, then shred them.
If there have been changes to your family, update your retirement and insurance accounts and review your will.