Member Education Workshops

To meet our corporate goal of promoting financial literacy within our membership and the community, Magnolia Federal Credit Union offers 60 to 90 minute complimentary workshops on several financial topics.

Upcoming Workshops

Home Buying

Evening Session: Tuesday, August 24, 2010

5:30 p.m. - 7:00 p.m.

OR

Lunch & Learn: Wednesday, August 25, 2010

11:30 a.m. - 1:00 p.m.

(a complimentary light lunch will be provided; limited to 15 participants and registration is required)

With the recent news about the difficulties consumers are having finding and securing any type of consumer loan, you may think it's impossible to secure a mortgage loan for your next home purchase.

At the seminar, you'll learn more about:

• The types of loans available

• The lending process and how to get started

• How much house you can afford and down payment options

• Tax advantages

• Managing your credit score

• And so much more!

Stress Management

Date: TBA

Stress is an unavoidable consequence of living. How we handle stress determines whether or not it is a positive or negative consequence. You'll learn ways to uncover the sources of stress, what stress does to your body and health, and ways to cope with and reduce stress. You'll also take part in a stress relieving activity that will leave you feeling renewed and refreshed!

Take Charge: Wise Use of Credit Cards

Date: Rescheduled/TBA

You'll learn valuable tips about how to use credit cards to your advantage. You'll learn the benefits—and costs—of credit cards, how to build a good credit history, the warning signs of having too much debt, how to avoid credit card fraud, and how to get and read your credit report and credit score.

Time and Location

All workshops are held at 5:30 p.m. unless otherwise noted.

All workshops are held in the Board Room at the Credit Union's main office located at 240 Briarwood Drive, Jackson

To Register

Simply email us at education@magfedcu.org.

Previously Held Workshops

CreditAbility: Build a Strong Credit History

When it comes to your credit, do you know the score? This workshop is geared toward individuals and families who are just beginning their financial life, as well as those who may have gotten side-tracked along the way and need to start fresh for whatever reason, or those who want to make sure they're on the right track.

Find out who needs to build good credit and why, the significance of your credit report and credit score, how to establish credit if you don't have any, how to rebuild a good credit history, tips for using credit wisely, pitfalls that could cost you plenty, and your rights and responsibilities.

Identity Theft: Deter, Detect, Defend

Identity theft is the No. 1 consumer complaint, according to the Federal Trade Commission. Learn how to protect yourself from becoming a victim. Learn the steps you can take to reduce the risk of thieves getting hold of your personal information, quickly detect a problem, and restore your good name if you have been victimized.

Home Buying

Walk Before You Run: The Home Buyer Race

If you are thinking of purchasing a house in the near future, even in the next year or two, this seminar is for you. You'll learn about myths and common misconceptions of the home buying process, tips to shore up your spending plan and pare debt, upfront costs of purchasing a house, how to get and review your credit report and score, how to determine your own buying power, and whether you're financially ready to start the process.

Build a Basic Budget: The Five-Step Spending Plan

This workshop spells out in step-by-step detail how to draw your own financial blueprint for action. You'll come away with a personal action plan, plenty of ideas for how to save money, and a better understanding of how to track where your money goes.

Investing Basics: 10 Steps for Beginners

If you're just starting to invest, or you've already started but want to learn more, join us for an information session.

Take the Wheel: Get the Best Car Deal

Thinking of buying a car? It doesn't matter if it's your first car or your 10th--the car-buying process isn't something most of us do every day. Find out how to save money and remain in control of your car deal. With careful preparation, you can steer your way through the search process and drive away with the car deal that's best for you.

If you would like us to email you information about upcoming workshops, see a topic repeated that has been previously presented, or would like to suggest a topic, please email education@magfedcu.org to let us know.

Classroom Presentations

In addition to providing member financial education, we have also made a commitment to youth financial literacy. Programs such as Check Writing Fundamentals and Understanding Credit Scores are provided to local schools upon request.