fbpx

Resources

Read tips and resources on our financial products and services.
Click Here
;

 

Why Credit Unions Are Better

If you owned a business, you would do everything you could to create and drive income to grow that business and make it stronger, right? Well, your Credit Union is a business and you are an Owner! So, when you actively use the Credit Union’s products and services, you are investing in your own business, making it stronger for you and all of its other Member-Owners..

Read More

Credit Score Tips

Your credit score is calculated from 5 major categories: Payment history: 35%, Amounts owed: 30%, Length of credit history: 15%, New credit: 10%, Types of credit used: 10%

Here are some ways to improve your score in all categories: Payment History
Pay your bills on time. Delinquent payments and collections can have a major negative impact on your FICO score…

Read More

Recent Posts

Financial Strategies for Dual Caregivers

Did you know that the number of family caregivers supporting older adults increased by nearly one-third between 2011 and 2022? This trend means more individuals are juggling the responsibilities of caring for both aging parents and their own children. For dual...

Debt Consolidation Special: Get your finances back on track!

Debt Consolidation Special: Rates as low as 9.99% APR Life gets busy, and having too many loan payments to keep up with is a problem you can fix by consolidating your debt with Bowater Credit Union. Debt consolidation combines your credit card and unsecured debt into...

2025 Annual Meeting: April 28

Who's excited! Our 2025 Annual Meeting will be held on Monday, April 28 at Hiwassee Meadowland Park! We will start serving food at 6:00 pm for a social hour. 2 Dudes BBQ food truck will be catering for us that evening. We will also hand out gifts as you take your seat...

Student Loans -Federal vs. Private: What’s the Difference?

Navigating student loan options can be overwhelming, especially when you're trying to figure out how to balance educational expenses with your existing obligations. What are the key differences between federal loans and private loans? Here is an easy-to-reference...

Important Social Security Updates for Retirees in 2025

  As we welcome 2025, big changes to Social Security will impact retirees and those nearing retirement. Staying informed is key to maximizing your benefits and planning for financial stability in your golden years. Whether you’re already drawing Social Security or...

Now Live! New Online and Mobile Banking Experience

We are excited to announce we are converting to a new online and mobile banking experience. This upgrade will allow you to take more control over your finances, access and move funds with ease, and have a convenient, simple banking experience. Below are a few changes...

Bowater Credit Union Donates $1,000 to the Monroe County Cancer Fund

From left to right: Christina Akins, Shannon Wheeler, Lisa Whittington, Caleb Scroback, Ashley Berry, Michelle Pye (MCHC Administrative Assistant), Heather Rhymes (MCHC Executive Director), Kristien Scott, and Brad Alexander (Athens Branch Manager)Bowater Credit Union...

Jingle Bills: How to Avoid a Holiday Debt Hangover

The holidays are here, bringing that familiar urge to spend a little extra on the people we love. It’s a good feeling...until the bills arrive. If you've ever found yourself dreading your January credit card statements, you’re not alone. With thoughtful planning, you...

The Procrastinator’s Guide to Holiday Travel Savings

Holiday travel season is near, and peak prices already tell that story: nearly 75% of Hopper customers say that as they book travel this year, they plan to spend the same or more than what they shelled out last year. If this sounds uncomfortably familiar, don't panic!...