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...
Winona K. Pless Winner of Pay it Forward Program
CALHOUN – Bowater Employees Credit Union member Winona K. Pless, has won $1,000 from Bowater Credit Union to her favorite non-profit, McMinn County Education and Community Foundation (MCEF), where she also serves on the Board of Directors....
Mobile Deposit Now Available!
Thanks to the hard work of our employees, Bowater Credit Union is now happy to offer you Mobile Deposit! Mobile Deposit is a quick and easy way to deposit your checks without even having to go into your local branch. Simply open up the Bowater Credit Union App, tap on...
Joyce Johnson wins $1000 Donation to Foundation House Ministries
CALHOUN – Bowater Credit Union account owner Joyce Johnson, has won $1,000 from Bowater Credit Union to her favorite non-profit: Foundation House Ministries. Bowater Credit Union has asked its members to nominate their favorite non-profit helping people in the...
Vote for Your Favorite Member-Designed TShirt!
It's time once again to vote for your favorite T-shirt design! Each design was created by a Member-Owner of Bowater Credit Union. The winning design will be on the T-shirts handed out at every branch on Thursday, October 19 - A.K.A. Member Appreciation Day! Here's...
Junior Achievement: Bowling for Financial Literacy
Junior Achievement hosted an event this year to raise money for their organization, which seeks to help educate our younger generation in the subject of finances. This year, Bowater Credit Union raised $3,618.78 at the Junior Achievement Bowl for Education as well as...
The Smart Option Student Loan® for Bowater Credit Union by Sallie Mae®
For borrowers attending degree-granting institutions. Now you can pay for college the smart way with three great repayment options and competitive interest rates! This loan is an ideal solution to help you pay for college expenses not covered by scholarships and...
Bowater Credit Union wins Top Financial Institution at JA’s Bowl for Education
Bowater Credit Union has once again won the title of Top Financial Institution in Junior Achievement's Bowl for Education! To earn the honorific of "Top Financial Institution" your bank or credit union must raise the most money as a company. Through the power of...
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…