NLCU

Saving and investing are key to reaching your financial goals. Whether you’re planning for a dream home, your child’s education, or a comfortable retirement, the right strategy can help you succeed. Start by identifying and prioritizing your goals, setting a dollar amount, and establishing a timeframe to achieve them. For short-term goals, focus on options like savings accounts or short-term GICs. For long-term goals, explore options like RRSPs or mutual funds. It’s important to understand your comfort with risk and adjust your strategy as your financial goals evolve. Not sure where to start? Talk to one of our many knowledgeable financial advisors. Saving and investing today can make a world of difference tomorrow! Learn more about managing savings and investment goals: https://ow.ly/uC7E50Ui2jY

We're delighted to share the results of the #GiveBackGiveaway Contest! Congratulations to Kayla P., who won $1,500 and chose Ronald McDonald House Newfoundland as her charity, which will also receive $1,500! Our runner-up winners, Karen R. and Lisa K., each won $500, with an additional $500 going to the remaining charities: Kids Eat Smart Foundation and SportNL's KidSport Program. Here is Kayla P. accepting her prize at our Clarenville branch, from Branch Manager, Fallon Stringer. Thank you to everyone who participated and helped us celebrate International Credit Union Day! #GiveBack #ICUDay #Winner

Congratulations to Ashley B., the winner of our #Loyal2Local Giveaway Contest! Ashley will be heading on an unforgettable Cape Race Newfoundland Weekend Getaway, complete with customized itinerary, an authentic kitchen party, and breathtaking views in Heart's Delight. Thank you to everyone who participated and supported local businesses, your enthusiasm and commitment made this contest a huge success. Stay tuned for more exciting opportunities to celebrate local with us. #NLCU #Giveaway

Our Torbay Road team knocked it out of the park with their #Loyal2Local funds by supporting Paradise Bowl, followed by a meal at Tiny's in Paradise. They spent the evening enjoying some friendly competition, great company, delicious food, and plenty of strikes (and maybe a few gutter balls, too). At NLCU, we're thrilled to see our teams come together to support local businesses, while making memories that will last a lifetime. #SupportLocal #TeamBonding

We are thrilled to share that we have been honoured with the 2024 Community Champion Award by the St. John's Board of Trade! This recognition reflects our commitment to making a meaningful impact in the communities we serve, and we absolutely could not have achieved this without the incredible dedication of our employees and the trust of our members. A heartfelt thank you to the St. John's Board of Trade for this recognition and to our community for inspiring us every single day. #CommunityChampion #SJBOT #Newfoundland

Managing your debt doesn’t have to feel overwhelming. Start by making a detailed list of what you owe and reviewing your budget to free up extra money for repayments. Small changes, like cutting unnecessary expenses, can make a big difference. Choose a repayment strategy that works for you, whether it’s tackling high-interest debts first or celebrating quick wins by paying off smaller balances. Consider consolidating debts for lower monthly payments and avoid taking on new debt to stay on track. Need extra support? Make an appointment with one of our knowledgeable financial advisors. Take the first step today toward a debt-free future! Learn more about managing your debt and rebuilding your credit at: https://ow.ly/ZgJn50UcWEx

For the Loyal 2 Local campaign, Member Service Advisor, Aubrey, chose to support Tobin's Convenience in Labrador City by picking up snacks and desserts to share with her housemates. What started as a simple act of supporting a small business turned into a memorable evening of laughter, storytelling, and good company. At NLCU, we love seeing how our employees use the #Loyal2Local initiative to create meaningful connections in their lives and in the community. #ShopLocal

Thank you to everyone who joined our webinar with Doug Carroll from Aviso Wealth Inc. on year-end tax planning! If you couldn’t join us live, don’t worry – you can still download our summary resource to review the essential takeaways: https://ow.ly/yiqt50U99in #TaxTips2024 #YourMoneyYourFuture Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. Aviso Wealth Inc. ('Aviso') is a wholly owned subsidiary of Aviso Wealth LP, which in turn is owned 50% by Desjardins Financial Holding Inc. and 50% by a limited partnership owned by the five Provincial Credit Union Centrals and The CUMIS Group Limited. The following entities are subsidiaries of Aviso: Aviso Financial Inc. (including divisions Aviso Wealth, Qtrade Direct Investing, Qtrade Guided Portfolios, Aviso Correspondent Partners), and Northwest & Ethical Investments L.P.

As part of our #Loyal2Local campaign, Gale, Supervisor of Member Solutions Centre, supported Le Boudoir in St John's by treating herself to a cozy new pair of pajama's. Thank you, Gale, for showing how small purchases can make the biggest difference in our communities. #ShopLocal

Budgeting in tough times can make a huge difference. A budget helps you track your income, expenses, and savings so you can set spending limits and reduce financial stress. Whether you want to manage debt, plan for a big purchase, or simply make the most of your money, a budget can help you reach your goals. Before you start, think about your short-term and long-term goals; such as paying down debt, building an emergency fund, or saving for a major purchase. Knowing the difference between your “needs” and “wants” will also help you make smarter spending choices and avoid financial surprises. To make budgeting easier, consider using a tool like a Budget Planner Budget Planner. It can track your spending, give you helpful tips, and show you where your money is going. With regular check-ins, you’ll stay on track and closer to financial security, one step at a time. Get more information about budgeting here: https://ow.ly/gmtn50U7oA4