Fraudulent Cashier’s Check Scam
It's no surprise that scams exist and are a part of the world that we live in. Did you know that scams, which are "a dishonest scheme" to take your money without you knowing it, affect millions of people each year? We make it our mission to educate people...
Bowater Credit Union donates $1000 to Junior Achievement of the Ocoee Region
CALHOUN – Bowater Credit Union member Deanna Hitch has won $1,000 from Bowater Credit Union to her favorite non-profit: Junior Achievement of the Ocoee Region. Bowater CU has asked its members to nominate their favorite non-profit helping people in the counties...
Best of the Best – Bradley & McMinn
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...
Ginger Carter Graduates from CUNA Management School
Ginger Carter, Chief Operations Officer and Vice President of Branch Operations at Bowater Credit Union, recently attained the honor of graduating from Southeast CUNA Management School. Since the school’s opening class in 1970, the school has graduated...
Lower Payments to Fuel Your Trip!
Going on a road trip is a great way to see new things at your own pace and create your own kind of journey. While a road trip may sound inexpensive like all vacations if don't plan right it can become pretty pricey. One great way you could have extra for your road...
You Should Know: Wire Scam
Sadly there are a lot scams going around these days. We want to make sure you are prepared in case someone tries one on you. A popular tactic for fraudsters is to send out bad checks to people and then ask them to wire part of it back and to keep the rest....
How Much Will Your Teen Driver Cost?
Many people buy cars in the spring, using their tax refund as a down payment. Your low-rate loan from Bowater Credit Union will help keep your teen's car payment low, but don't forget to calculate the cost of vehicle insurance. Some factors that affect...
HELOC & Drop It
With every payment you make towards your mortgage, you build equity in you home. AND you can use that equity to help finance some of your dreams! A Home Equity Line of Credit, or a H.E.L.O.C. (pronounced /hee-lock/), is a loan in which the lender agrees to...
Bowater Credit Union Donates $1,000 to the Charleston/Calhoun Hiwassee Historical Society
Bowater Credit Union member John Duggan has won $1,000 from Bowater Credit Union to his favorite non-profit: Charleston/Calhoun Hiwassee Historical Society. "The CCHHS is located in the Bradley and McMinn county area, but it is for all citizens young and...
Tax Tips for First-Time Filers in College
Unless you’re an accounting major, filing taxes may not be your idea of a good time. But if you don’t file, you may end up leaving a lot of money on the table. If you’re going to file taxes for the first time this year, here are a few tips to make this...
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…