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KTFCU News

  • Remote Deposit-New Features

    Posted in KTFCU News on Oct 01, 2024

    Your money right where you need it

    No need to transfer later. Deposit your money wherever you currently have account access.

    Automatic Enrollment If you currently use our home banking app, you're now automatically enrolled for Remote Deposit with all its convenient options. If you need to sign up, see link below. Have a question, just call us. We'll get you started.

    Click here for more info and to sign up: https://kenteachfcu.com/remotedepositcap

  • End-of-Life-Financial Consideratons Series (Part 2 of 3)

    Posted in Board Brief, KTFCU News on Sep 18, 2024

    Have Your Financial House in Order
    Most of us intend to pass our assets and wealth on to the people we love. The problem is many of us have not taken the steps necessary to legally express those wishes. If you are one that hasn’t or know a family member that hasn’t, now is a good time for you to do so.

    Here are a few things to consider.

    What is your estate?
    It is what remains of your financial wealth after all your obligations (debts & taxes) are paid. In financial terms it is your net worth (all assets minus all liabilities). Your estate is usually governed by the State where you resided.

    Who...

  • End of Life Financial Considerations Series (Part 1 of 3)

    Posted in Board Brief, KTFCU News on Aug 21, 2024

    IT'S A VERY TOUGH SUBJECT; END-OF-LIFE

    WHY BRING IT UP? End-of-Life is a topic most people want to avoid.

    92% percent of people surveyed say it's an important top.
    32% have had at least one conversation with loved ones.
    34% have an Advance Directive (outlining their medical desires & who, if not them, makes those decisions).
    32% have an Estate Plan with a Will (down from 45% in 1990), which legally documents their financial affairs.

    From the statistics, we all know the importance of planning for our future. As a nation,we are less prepared and we do a poor job of communicating it to loved ones...