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International Credit Union Day Facebook Contest Official Rules
POSTED BY NORTHWEST FEDERAL CREDIT UNIONJUNE 19, 2015
We've got another Facebook photo contest for you, but this one is a little different -- The photo with the most likes wins!
Northwest Federal is celebrating dads! Like our Facebook page and message us your best Father's Day photo and you could win $100*.
Check out Northwest Federal's Facebook page, like us and message us your photo by Monday, June 22.
Here are the details on how to enter and how you could win:
We're looking forward to seeing photos of our members posing with their fathers (or father-figures) and our members who are fathers posing with their sons and daughters.
Be sure to send us your photo no later than Monday, June 22 for a chance to win $100!”
* NO PURCHASE NECESSARY TO ENTER OR WIN. Click here for Official Contest Rules.
POSTED BY NORTHWEST FEDERAL CREDIT UNIONMAY 26, 2015
Join the conversation! We're looking for more members like you to follow us on Twitter and get the latest info on our upcoming events and special offers. To enter this special contest, just retweet today's $50 contest tweet and follow @NWFCU. Good luck!
* NO PURCHASE NECESSARY TO ENTER OR WIN. One (1) random winner will be chosen on or about May 29, 2015. Click here for Official Contest Rules.
POSTED BY NORTHWEST FEDERAL CREDIT UNIONMAY 7, 2015
Northwest Federal is celebrating moms! Like our Facebook page and post a Mother's Day photo and you could win $100*.
Check out Northwest Federal's Facebook page, like us and post your photo between now and next Friday, May 15.
We're looking forward to seeing lots of photos of our members posing with their mothers, and our members who are mothers posing with their sons and daughters!
* NO PURCHASE NECESSARY TO ENTER OR WIN. One (1) random winner will be chosen on our about May 18, 2015. Click here for Official Contest Rules.
POSTED BY NORTHWEST FEDERAL CREDIT UNIONJANUARY 28, 2015
Now that the “holiday hangover” has finally worn off, it’s time to start thinking about tackling that credit card debt. If you look at those bills and realize you have more debt than you’re comfortable with, you’re certainly not alone.
Recent studies indicate that a typical American household has more than $8,000 in credit card debt. With that balance at an interest rate of 18%, you’ll be in debt for 25 years and will end up paying more than $24,000 without even charging another dime.
It’s easy to get caught up in the cycle of debt without even realizing what’s happening. But there are ways to break free from debt.
Follow these 4 steps to financial freedom:
And here’s a hot tip! Northwest Federal is launching a money-saving balance transfer offer on February 2nd. Visit our homepage for details on how you can transfer balances from other credit cards and start saving money right away.
POSTED BY NORTHWEST FEDERAL CREDIT UNIONSEPTEMBER 15, 2014
Herndon, Va. – Knowing that the need for food donations is critical during summer months, Northwest Federal Credit Union held its first Summertime Food Drive in July and August. The goal was to raise 12,000 pounds – or six tons – of non-perishable food items. In four short weeks, this goal was exceeded by bringing in a total of 19,388 pounds in food and donations.
“That’s a lot of spaghetti sauce, peanut butter, canned juice and cereal,” said Chris McDonald, President/CEO of Northwest Federal. “We knew 12,000 pounds was a substantial goal – much larger than any we’ve set before. But our staff, members and friends in the community really stepped up to the challenge. What a difference their efforts will make in helping to feed those in need.”
The recipient of the food and money donations is LINK, Inc., an organization providing emergency food to people living throughout many Northern Virginia communities.
A huge thank you goes out to all of the members who contributed to this amazing effort that resulted in nearly ten tons of food for our community! To find out more about how Northwest Federal Credit Union is participating in its communities, visit the NWFCU Foundation website.
POSTED BY NORTHWEST FEDERAL CREDIT UNIONJULY 1, 2014
On the skirts of a long hard winter, you might be planning for an upcoming summer getaway. Before you trade in your loafers or pumps for flip-flops, take some time to prepare your wallet so you can focus on fun, not on finances.
Most importantly, relax, enjoy and have a safe trip!
POSTED BY NORTHWEST FEDERAL CREDIT UNIONMAY 3, 2014
Northwest Federal Credit Union is out in the community once again this weekend, this time at the Virginia Gold Cup. If you’re attending this Virginia horse country tradition, stop by our booth to say hello! We’re also giving away $100 to one of our Facebook friends today. Visit our Facebook page today to see how to enter or click below for the official rules.
Virginia Gold Cup Facebook Contest Official Rules
POSTED BY NORTHWEST FEDERAL CREDIT UNIONAPRIL 26, 2014
It’s Member Appreciation Day and in addition to our big event at the Herndon Branch 9AM-1PM today, we’re also celebrating our social community with a Facebook and Twitter contest.
Visit our Facebook page today to see how to enter to win $200 and if you’re onsite at our Member Appreciation Day event, you can enter into our Twitter contest.
Here are the official contest rules: Member Appreciation Day Facebook Contest Official Rules Member Appreciation Day Twitter Contest Official Rules
POSTED BY NORTHWEST FEDERAL CREDIT UNIONAPRIL 22, 2014
POSTED BY NORTHWEST FEDERAL CREDIT UNIONAPRIL 22, 2014
Just one of the ways we celebrate our youth and encourage them to save is through our annual participation in National Credit Union Youth Week.
Northwest Federal youth members can join in on the celebration April 21-26, 2014 when they stop by a branch to make a savings deposit and get a free t-shirt in return! We also have a guess and win penny jar in each branch which will be awarded to the closest guessers.
And of course, our Youth Week celebration will be topped off at our Member Appreciation Day and Car Show on Saturday, April 26. You’ll want to bring the entire family out to this fun filled event where you’ll enjoy free food, carnival games and learn more about the benefits available to you at our Member Benefits Expo.
Take a few minutes today to talk to your kids about saving and remind them that starting regular savings habits now will give them a prosperous future! Also, if you still don’t have a Youth Club Account for your child, now is the best time to open one. Click here for more info on our award-winning Youth Club Accounts.
POSTED BY NORTHWEST FEDERAL CREDIT UNIONAPRIL 2, 2014
If you’re still working on your 2013 taxes, you’re certainly not alone. And if you’re looking at the numbers and wishing you could do something to reduce your tax burden, you just might be in luck.
If you make a contribution to a new or existing Individual Retirement Account (IRA) by April 15, that contribution will count toward the 2013 tax year. You may be able to contribute up to $5,000 if your under age 50 or $6,000 if your age 50 or older.
Your eligibility for tax deductions will depend on your filing status and your income levels, so make sure to get details on the types of IRAs available and consult your tax advisor if necessary. You can also contact our Call Center and ask to speak to an IRA Specialist to help answer your questions.IRAs are considered one of the most beneficial savings tools available for the tax advantages they provide and are federally insured up to $250,000 by the National Credit Union Share Insurance Fund. They can be a great tool to help you save for retirement and can also be used to help save for a child’s education.Be sure to consult your tax advisor regarding how various IRAs relate to your tax situation.
POSTED BY NORTHWEST FEDERAL CREDIT UNIONJANUARY 21, 2013
Financial success may seem like it’s only for those that get lucky, but nothing could be further from the truth. Sticking to a set of core financial principals can get you to the financial future you want.
One of the core principals of having a stable financial situation is a healthy emergency fund. Having a chunk of money set aside to get you through tough financial circumstances is an invaluable tool that can literally save you.
Emergency funds are often talked about as one giant fund that is there to cover a range of emergencies. Most recommendations are to have a minimum of 6 months of your living expenses saved up; 12 months is even more ideal.
But aren’t there different types of emergencies like a major medical expense or a major house appliance breaks? If there are different types of financial emergencies, maybe you have different sets of emergency funds.
It might make more sense to have separate pots of money for different potential emergencies than keeping them all in one giant pool. Having 6 months of expenses might cover you from unemployment for a period of time, but what happens if the car needs major repairs during that time as well?
There are two ways to set up an emergency fund: moving a big chunk of money you already have or building one over time. If you have the money already sitting around in a checking account, simply open up a new savings account and transfer the funds in. Then don’t touch the money until an actual emergency.
If you don’t have the money already, don’t fret. Set up the same savings account and then set up automatic payments into the account from your checking account. Even saving $20 or $50 per week is a step in the right direction. You’d rather have a partially-funded emergency fund than none at all.
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