Black History Month: Inspiring Leaders

In celebration of Black History Month, we decided to highlight one of PEFCU’s inspiring African American leaders to share their perspective on what working for a diverse and inclusive credit union really means to them. This year, we’re featuring Jheniffer Alphonse, Assistant Branch Manager in Pembroke Pines! Jheniffer has been working with PEFCU members for over 15 years. She began her career as a Teller, and has been promoted to numerous positions within the branch. She is now the Assistant Branch Manager at one of our largest branches.  She is also a single mother of four with “kids” ranging from…

February 28, 2022We Are PEFCU No Comments

In celebration of Black History Month, we decided to highlight one of PEFCU’s inspiring African American leaders to share their perspective on what working for a diverse and inclusive credit union really means to them. This year, we’re featuring Jheniffer Alphonse, Assistant Branch Manager in Pembroke Pines! Jheniffer has been working with PEFCU members for over 15 years. She began her career as a Teller, and has been promoted to numerous positions within the branch. She is now the Assistant Branch Manager at one of our largest branches.  She is also a single mother of four with “kids” ranging from…

8 Ways to Fight Rising Prices on Groceries

If you’re like most Americans, you’ve probably noticed your grocery bills climb to crazy heights during the coronavirus pandemic. Over the past twelve months, all of the six major grocery store food group prices increased, according to the November 2021 Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics (BLS).  Prices for meats, poultry, fish, and eggs rose 12.8 percent in 2021, with beef prices jumping the most with a 20.9 percent increase. Dairy product prices rose 1.6 percent. Other prices rose too, ranging from a 4.0 percent increase on fruits and vegetables to 5.7 percent for other…

February 14, 2022Wallet Wins 1 Comment

If you’re like most Americans, you’ve probably noticed your grocery bills climb to crazy heights during the coronavirus pandemic. Over the past twelve months, all of the six major grocery store food group prices increased, according to the November 2021 Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics (BLS).  Prices for meats, poultry, fish, and eggs rose 12.8 percent in 2021, with beef prices jumping the most with a 20.9 percent increase. Dairy product prices rose 1.6 percent. Other prices rose too, ranging from a 4.0 percent increase on fruits and vegetables to 5.7 percent for other…

3 Inexpensive Valentine’s Day Date Ideas 

You can have a fun and romantic Valentine’s Day AND stay within your budget this Valentine’s Day. Here are three great, inexpensive date ideas that you can do with your loved ones.  Cook or bake something together. Even if you make a grand feast at home, it will still probably fit the budget more than if you were to go out. And you’ll probably have leftovers! Head out to the grocery store and pick up some delicious ingredients to make a romantic meal together. Not so great at cooking? Meal delivery boxes are making it easier than ever to make…

February 6, 2022Wallet Wins No Comments

You can have a fun and romantic Valentine’s Day AND stay within your budget this Valentine’s Day. Here are three great, inexpensive date ideas that you can do with your loved ones.  Cook or bake something together. Even if you make a grand feast at home, it will still probably fit the budget more than if you were to go out. And you’ll probably have leftovers! Head out to the grocery store and pick up some delicious ingredients to make a romantic meal together. Not so great at cooking? Meal delivery boxes are making it easier than ever to make…

9 Ways to Celebrate Random Acts of Kindness Day

9 Ways to Celebrate Random Acts of Kindness Day  American author and cartoonist, Scott Adams, says, “Remember, there is no such thing as a small act of kindness. Every act creates a ripple with no logical end.”  February 17 is National Random Acts of Kindness Day and we put together a list of 9 ways you can celebrate and spread kindness.  Leave quarters at the laundromat  Pay for the person behind you in the drive-through  Do a sibling’s chore without them asking  Leave a generous tip at a restaurant  Hold the door for someone  Donate to charity  Give someone a…

February 6, 2022We Are PEFCU No Comments

9 Ways to Celebrate Random Acts of Kindness Day  American author and cartoonist, Scott Adams, says, “Remember, there is no such thing as a small act of kindness. Every act creates a ripple with no logical end.”  February 17 is National Random Acts of Kindness Day and we put together a list of 9 ways you can celebrate and spread kindness.  Leave quarters at the laundromat  Pay for the person behind you in the drive-through  Do a sibling’s chore without them asking  Leave a generous tip at a restaurant  Hold the door for someone  Donate to charity  Give someone a…

2x Scorecard©Rewards: February – March, 2022

Looking for a fun, safe, and budget-friendly spring break trip? We have got you covered!   Here are three ideas to get you started on planning your locally inspired spring break vacation.   Be a local tourist. Stay in town and visit museums, restaurants, parks, or streets you’ve never been to before. Check out your local tourism office for ideas and see if they have any walking or bus tours that you can take. If your budget allows, it can also be fun to check into a local hotel or guesthouse for a change of scenery.  Travel regionally. Sometimes the fun may…

February 6, 2022PEFCU Perks, Wallet Wins 2 Comments

Looking for a fun, safe, and budget-friendly spring break trip? We have got you covered!   Here are three ideas to get you started on planning your locally inspired spring break vacation.   Be a local tourist. Stay in town and visit museums, restaurants, parks, or streets you’ve never been to before. Check out your local tourism office for ideas and see if they have any walking or bus tours that you can take. If your budget allows, it can also be fun to check into a local hotel or guesthouse for a change of scenery.  Travel regionally. Sometimes the fun may…

How To: Break Up With Your Bank

If you’re breaking up with your big bank this Valentine’s Day (or any other day), here is a step-by-step guide to switching banks. We’ll help you take inventory of all your finances so that you can transfer everything over to your new PEFCU account! Get ready for the start of a beautiful relationship.  1. Open your PEFCU account. As a Publix Associate, you and your immediate family members are eligible for credit union membership. When you open a PEFCU account, you’ll first open a savings account, which makes you a member of the credit union. From there, you can choose…

February 5, 2022Wallet Wins, We Are PEFCU 2 Comments

If you’re breaking up with your big bank this Valentine’s Day (or any other day), here is a step-by-step guide to switching banks. We’ll help you take inventory of all your finances so that you can transfer everything over to your new PEFCU account! Get ready for the start of a beautiful relationship.  1. Open your PEFCU account. As a Publix Associate, you and your immediate family members are eligible for credit union membership. When you open a PEFCU account, you’ll first open a savings account, which makes you a member of the credit union. From there, you can choose…

Black History Month: Innovations That Changed The World

February is Black History Month, and it’s a time that we can celebrate how Black American contributions are woven into the fabric of everyday American life. In particular, as a Publix associate, you may encounter some of these innovations in ways you may not realize as you go about your daily routine. Let’s start with when your alarm goes off. It’s a beautiful day to bleed green! Time to iron that uniform to a crisp. By the way, did you know nineteenth-century dressmaker Sarah Boone helped with the evolution of the modern ironing board? In 1892, Boone would become one of the…

February 5, 2022We Are PEFCU 2 Comments

February is Black History Month, and it’s a time that we can celebrate how Black American contributions are woven into the fabric of everyday American life. In particular, as a Publix associate, you may encounter some of these innovations in ways you may not realize as you go about your daily routine. Let’s start with when your alarm goes off. It’s a beautiful day to bleed green! Time to iron that uniform to a crisp. By the way, did you know nineteenth-century dressmaker Sarah Boone helped with the evolution of the modern ironing board? In 1892, Boone would become one of the…

Black History Month

In 2021 we discussed the rich history of the Black community’s relationship with banking. You can read that blog here: A Celebration of Black History. This year, we’re highlighting some of the major players in the history of the cooperative banking movement.   First, let’s talk about Thomas Patterson, the founder of Piedmont Credit Union. Piedmont CU was one of the first (if not THE first) African American Credit Unions in the United States. Thomas Patterson was a farmer in North Carolina. He wrote about the struggles of being a farmer, while Jim Crow laws were prevalent, in an article published…

January 28, 2022We Are PEFCU No Comments

In 2021 we discussed the rich history of the Black community’s relationship with banking. You can read that blog here: A Celebration of Black History. This year, we’re highlighting some of the major players in the history of the cooperative banking movement.   First, let’s talk about Thomas Patterson, the founder of Piedmont Credit Union. Piedmont CU was one of the first (if not THE first) African American Credit Unions in the United States. Thomas Patterson was a farmer in North Carolina. He wrote about the struggles of being a farmer, while Jim Crow laws were prevalent, in an article published…

4 Ways to Boost Your Home’s Equity 

How is home equity calculated? Basically, it’s your home’s current value, minus the amount you owe on it. The equation would look something like this:  The current value of your home: $200,000  – Remaining mortgage balance: $125,000  = Home Equity: $  75,000  But, building home equity takes time. Each month, a portion of your mortgage payment goes toward the loan principal. You build equity as your principal decreases, which usually occurs over many years. If you want to speed up the process so you can build equity faster, here are four things you can do.  Make a Larger Down Payment The…

January 18, 2022Future Planning No Comments

How is home equity calculated? Basically, it’s your home’s current value, minus the amount you owe on it. The equation would look something like this:  The current value of your home: $200,000  – Remaining mortgage balance: $125,000  = Home Equity: $  75,000  But, building home equity takes time. Each month, a portion of your mortgage payment goes toward the loan principal. You build equity as your principal decreases, which usually occurs over many years. If you want to speed up the process so you can build equity faster, here are four things you can do.  Make a Larger Down Payment The…

Why You Should Try the 50/30/20 Budget

Creating a budget can often seem so complex. The more complicated it seems, the less likely you may be to make the effort. But you need some type of budget to help keep your spending in check and to ensure progress toward your short- and long-term financial goals.   If you’re new at creating a budget — or have been putting it off for fear of messing it up because you don’t fully understand what it is you’re supposed to do — consider the simplified 50/30/20 budget instead.   Why Is the 50/30/20 Budget So Popular?  Shakespeare once said, “Brevity is the soul of wit.” It rings true today — especially when it comes to creating a budget.   The 50/30/20 budget is…

January 11, 2022Wallet Wins 1 Comment

Creating a budget can often seem so complex. The more complicated it seems, the less likely you may be to make the effort. But you need some type of budget to help keep your spending in check and to ensure progress toward your short- and long-term financial goals.   If you’re new at creating a budget — or have been putting it off for fear of messing it up because you don’t fully understand what it is you’re supposed to do — consider the simplified 50/30/20 budget instead.   Why Is the 50/30/20 Budget So Popular?  Shakespeare once said, “Brevity is the soul of wit.” It rings true today — especially when it comes to creating a budget.   The 50/30/20 budget is…