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Trust, Will and Estate Planning Review

You are cordially invited to learn about Trusts, Wills, and Estate Planning with Power Investment Services, available through LPL Financial.* We have three events featuring the expertise of two different trusted financial professionals. Join us at The Sheridan Branch on Thursday, May 16 between the hours of 9:00 AM – 4:30 PM for your Trust, Will and Estate Planning Review. You’ll be able to schedule time with Trey E. Miller, from the Law Office of Miller and Miller, P.A.** Reserve your time slot by May 9th. Join us at The Sheridan Branch on Thursday, May 16 at 6:00 PM for a Trust, Will & Estate Planning Q&A Session featuring Trey E. Miller, from the Law Office of Miller and Miller, P.A.** RSVP by May 9th.  Join us at Total Wine in Kendall on Monday, June 3 at 6:00 PM for a Trust, Will & Estate Planning Seminar featuring Attorney Sheryl K. Manning P.L.** RSVP by May 27th. Please reserve your time slot for the Review or RSVP for our Q&A Session or Seminar by calling 954.538.6244 or emailing investments@powerfi.org. All attendees for Total Wine in Kendall must be 21 or older.    *Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Power Financial Credit Union and Power Investment Services are not registered broker/dealers and are not affiliated with LPL Financial. The investment products sold through LPL Financial are not insured Power Financial Credit Union deposits and are not NCUA insured. These products are not obligations of Power Financial Credit Union and are not endorsed, recommended or guaranteed by Power Financial Credit Union or any government agency. The value of...
Mind the GAP: Understanding the Value of GAP Coverage

Mind the GAP: Understanding the Value of GAP Coverage

Picture the following scenario: After months of research and planning, you take the plunge and buy a new car. Once the financing is secured and your auto insurance is in place, you’re ready to hit the road. You’re so excited about your sparkling ride that you’re not even worried about the fact that most new cars depreciate by as much as 10% the moment you drive them off the lot—and up to 20% in the first year. That’s a financial fact, but you’re too busy enjoying that new car scent to get bogged down with details like that. Now, imagine that after just a few weeks, you’re involved in an accident that badly damages, or worse yet, totals your car. (Don’t worry—unlike your car, you emerge from this imaginary situation without a scratch.) Fortunately, you did the responsible thing and secured good auto insurance. Once all the proper claims have been filed, you find out that insurance will only cover your car’s market value—which, due to the depreciation, is several thousand dollars less than the amount you owe on your auto loan. If only there were a type of loan protection that would help you make up that difference. Fortunately, there is. It’s called Guaranteed Asset Protection—GAP, for short. What is GAP? GAP coverage is an optional protection plan offered with auto loans or leases, and depending on the plan coverage limits, it effectively waives most of, if not all, the remaining balance on your loan. While your auto insurance plan’s comprehensive and collision policies cover your vehicle’s value in the event that it is totaled or stolen, GAP...
Bauer Financial Rated

Bauer Financial Rated

We are so honored to have been rated as a BauerFinancial five-star financial institution. We’re thrilled to provide exceptional service to our community and to continue serving our Power Financial Credit Union family well! We look forward to many more years of helping our incredible members through all their financial triumphs and struggles. Click here to learn more about this...
Valentine’s Day on a Budget: How to Find Love & Laughs for Less

Valentine’s Day on a Budget: How to Find Love & Laughs for Less

When it comes to the topic of Valentine’s Day, public opinion seems to be split. Some people love everything about it. Hearts, roses, candy, flowers, Cupid—you name it, they’re here for it! On the other end of the spectrum, you’ll find Valentine Scrooges who consider February 14th a day like any other. They’re convinced the celebration and fanfare are nothing more than Hallmark-sponsored money grabs. To be fair, these positions are extreme. If you’re like most people, you probably enjoy spending the romantic holiday with your special someone, but you prefer to celebrate without spending a ton of money. Good for you. There’s nothing more attractive than someone who plans a financially responsible Valentine’s date. OK, maybe a few things—but you get the point. If you’re looking to create an inexpensive, fun-loving Valentine’s experience you’ll remember for years to come, we have a few suggestions you might enjoy. Dress up and dine in. At first, this suggestion may seem like complete nonsense. Why would you go through the trouble of getting dressed up if you’re not going out in public? Because there’s a strange, yet undeniable appeal to doing something that doesn’t make sense to anyone else, that’s why. So, go ahead—go big. Glam it up. Suit and tie. Gown and heels. The more overdressed, the better. Whether you cook for yourself or order your favorite takeout, the food choice isn’t nearly as important as the fact that you’re both ridiculously overdressed for the occasion. And that’s the point. Dress down and hit the town. Like the previous idea, this one involves an unexpected combination of date attire and...