Get Linked Up With Turbo Tax
Bowater Credit Union has partnered with Turbo Tax to help our members when filing their 2018 tax returns. Turbo Tax is a fast and easy way to prepare and file tax returns. It has all the tax knowledge for you and will walk you step-by-step through your return. If you...
Too Many Payments To Keep Up With?
If you find yourself with far too many loan payments to keep up with you may want to look into consolidating that debt. Debt consolidation is just simply combining multiple balances into one loan so you just have one payment! Credit Cards are a great example: If you...
Bowater Credit Union Donates $1000 Each to American Legion Auxiliary Unit 81, Kairos Prison Ministry
Bowater Credit Union member Melba Baumuller, and Bowater CU account owner Cheryl Bressler have each won $1000 from Bowater Credit Union to their favorite non-profit: American Auxiliary Unit 81 and Kairos Prison Ministry, respectively. Bowater CU has asked...
8 Tips To Prevent Holiday Scammers
Credit Union Members – It’s the holiday season! All things may be merry and bright, but online and in-person scams are not. We want to equip you so that scammers don’t take away your Christmas spirit! CUNA Mutual Group is here to help prepare for the holiday scams.
Bowater Credit Union Donates $1,000 to Manna Kitchen
Bowater Credit Union member Lori Freeman has won $1,000 from Bowater Credit Union for her favorite non-profit, The Manna Kitchen. This prize was awarded through the Pay It Forward program. Each year, Bowater Credit Union asks its members to nominate their...
Tennessee Credit Unions Surprise Shoppers with Grocery Buy
The Tennessee Credit Union League (TCUL) has embraced the holiday season. On Friday, November 17, credit unions across Tennessee teamed up to gift shoppers with free groceries in preparation for Thanksgiving. Locally, this act of kindness was expressed at...
Skimmers found on pump at Ocoee Circle K from 10/9 to 10/23
Did you pay at the pump at the Circle K in Ocoee any time from October 9th to October 23rd? If so, you'll want to watch your account carefully for fraud. The Polk County Sheriff's Department has found skimmers on the pumps at the Circle K located...
Charles Lachlan Baker Wins Bowater CU’s Annual $2,000 College Scholarship
Charles Lachlan Baker of Riceville, 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, Charles competed against many other students who were evaluated...
Equifax Data Breach 2017 Information
What happened? Equifax, one of the three major credit bureaus, has acknowledged a breach of their data. As a credit bureau they stored information that, in the wrong hands, can be used for identity theft: Names, addresses, social security numbers, account...
Payments Coming Out of Accounts Faster
Payments will come out faster Soon, there will be a change to the way electronic payments, also known as ACH debits, are processed by the Federal Reserve. Starting September 15, 2017, the Federal Reserve will begin processing most ACH debits the same day...
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…