- Personal Loans
- Personal Loans
- Home & Auto
June 11, 2020
Start Here: Financial Literacy Education & Resources
The need for financial literacy is more important than ever. Topics like managing debt, prioritizing saving, making a household budget, paying for education, buying a home, saving for retirement, creating a rainy-day fund, and on, and on, increase in relevance and significance, especially in turbulent economic times. Yet in the U.S., only 34% of individuals can answer at least four questions on a basic five-question financial literacy quiz correctly.1 With so much information out there and so much to learn, it can feel like an overwhelming set of topics.
Here at Grow, we’re doing our best to provide timely and ongoing financial literacy education for our members and will keep sharing relevant, helpful resources. Below you can find various topical content currently available on our website:
- Budgeting During a Crisis: Budgeting in a tight financial spot can be tough. Check out these ideas for navigating expenses during difficult times and resources that can help.
- Buying a Car: Shop smart with these car buying tips.
- Buying a Home: Probably the most significant purchase most people will make, buying a home can be stressful. Consider these five steps to prep for buying a home.
- Saving for Retirement: 401(k)s, IRAs and common retirement planning questions answered.
- Seeking Professional Financial Advice: Are you in a moment of life transition, such as graduation, marriage or divorce, the sale of a business or a career change? Learn why and when you should meet with a Financial Advisor to create your personalized financial plan.2
- Navigating Market Volatility: Market ups and downs can make us nervous. Learn six ways to keep a level head with your investment strategy, even in a turbulent market.
We look forward to continuing to share advice and information to encourage financial literacy. Have a topic you’d like to see covered? Let us know by messaging us on Facebook or Instagram! We’d love to hear your input.
1Financial Industry Regulatory Authority. “U.S. Survey Data at a Glance.”
2Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. For specific tax advice, please consult a qualified tax professional.
How to Find Your Routing & Account Numbers
When you make a payment online, by phone or on a mobile device, you may be asked for our routing number and your checking account number. Credit unions and banks use these numbers to identify accounts and make sure money gets where it’s supposed to be. You’ll also need to provide your routing and checking account numbers for:
- Direct deposits
- Electronic checks
- Military allotments
- Wire transfers
Where to Find Your Routing & Checking Account Numbers
Your personal checks include both our routing number and your account number, as shown on the Grow check example below.
Don’t have a Grow check? No worries.
Visit any Grow store and ask for a Direct Deposit Form. It lists both your routing number and checking account number.
Making a Loan Payment
When it comes to making payments, we try to make it as painless as possible to pay your loan every month. We have several different ways to pay, including convenient online options.
You have two ways to pay online by transferring funds from another bank or credit union.
- Grow Online Banking (Preferred payment method for any loan)
This is the simplest way to pay your loan. You can make one-time payments or set up automatic recurring payments in Grow Online Banking. Once you log in, select “Transfer/Payments” from the menu. If you’re not enrolled in Grow Online Banking yet, you can set up your account in just a few minutes.
- Debit Card or ACH (Available for auto, personal loans and HELOCs)
Note: ACH and debit card payments are not available for credit cards or most mortgages, except HELOCs.
We accept ACH payments with no additional fees or Mastercard® and Visa® debit cards with a convenience fee of $4.95. To get started with an online ACH or debit card payment, select Pay Now below.
Pay by Mail
You can also pay any Grow loan by check through the mail. Please remember to include your account number and Grow loan number on the check. (For credit card payments, please do not write your 16-digit credit card number on the check, which can cause a delay in processing the payment.)
Address for auto, credit card, personal loan and HELOC payments:
Grow Financial Federal Credit Union
P.O. Box 75466
Chicago, IL 60675-5466
Address for personal first or second mortgages and home equity payments:
Grow Financial Federal Credit Union
P.O. Box 11733
Newark, NJ 07101-4733