Kendall Heath Wins Annual $2,000 College Scholarship
Kendall Heath of Englewood, Tennessee has been selected as this year’s recipient of Bowater Credit Union’s Annual $2,000 College Scholarship. In order to receive this scholarship, Kendall competed against many other students who were evaluated based on grades, school...
Larae Graves Hired As Vice President, Lending
Bowater Credit Union is pleased to announce the hiring of Larae Graves as Vice President of Lending. Graves began her career in financial services with Southeast Bank in Athens, Tennessee, serving in various capacities including Senior Mortgage Processor. She gained...
Benefits of Doing a Credit Card Balance Transfer
While you’ve probably heard about credit card balance transfers, you may be unsure how they work and the associated benefits. If you carry multiple loans or credit card balances, a balance transfer credit card may be a good option for consolidating debt and...
Anatomy of a Scam Email
How to Identify a Scam E-Mail Member Service Associate Lisa Burkhart is always on the lookout for ways to protect our members from fraud. She recently shared an example of a scam email that reached her inbox, and some pointers on how to spot that the email is fake:...
Celebrate Christmas in August: Bring New Toys to Any Branch
Bring small and medium new toys to any branch to help us celebrate Christmas in August with the Bowater Goodfellows! All toys will be gathered from the branches after August 31 and distributed by Bowater Goodfellows this Christmas to deserving children. The mission...
Best of the Best 2022: Cleveland and Athens
To our members, thank you for your dedication to YOUR Credit Union! You take pride in the Credit Union that YOU own, and for that, we are extremely grateful. Without you, we would never be able to achieve the awards that we do. To our staff, thank you for your...
myBRANCH Online and Mobile App Unavailable Sunday, July 10th 2am – 2pm
Our Core Service provider, Fiserv, will conduct an extended maintenance window Sunday, July 10 from 2am to 2pm EST. During that window, members will be unable to log in to myBRANCH online and the Mobile App. We are very sorry for the long duration of inaccessibility;...
Donate $2 for Your Chance to Win a 2 Night Luxury Stay at Hiwassee Acres
Bowater Credit Union is sponsoring the 2022 Duck Race for Charities! This year's race will take place on Saturday, July 23rd at 9am a the Hiwassee Blueway as part of the Calhoun Rivertown Festival. Donate $2 for a duck. If your duck crosses the finish line first,...
5 Reasons to Refinance Your Mortgage
[Besides a Lower Rate]
With home prices rising steadily, many homeowners are asking whether or not they should refinance their mortgage. Sure, it’s a great time to lock in a lower interest rate on your loan, but let’s have a look at some other reasons why refinancing your mortgage might be...
Credit Union vs. Bank Mortgage: Which is Better?
You found the perfect house, saved up your money and you’re ready to buy. Now, your next step is to get a mortgage. A commercial bank could be the obvious choice, but they aren’t the only option for your mortgage. Credit unions also originate mortgage loans and work...
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..
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…