- Personal Loans
- Personal Loans
- Home & Auto
June 13, 2019
How to Prep Your Finances for a Weather Emergency
The steps you take to safeguard yourself, your family and your property should also extend to your finances so you have the money available to weather an emergency and recover should disaster strike. Here’s how to prepare for your financial survival:
Build an Emergency Fund.
Have at least three to six months of living expenses in a place you can easily access, like a Grow Basic Savings Account, and withdraw the cash immediately at an ATM if your area is placed under a weather alert. Remember, after a storm hits, ATMs and terminals may be down, so you can’t rely on credit/debit cards or mobile pay.
Review Your Insurance Coverage.
Check your policies, (homeowner’s/renter’s, auto), to ensure you’re sufficiently covered in case of damage or loss. Update your coverage limits, if necessary, and also be aware of any out-of-pocket expenses, such as deductibles.
Obtain Flood Insurance.
It’s coverage every homeowner in the Southeast should have, and it’s surprisingly affordable. For your free quote, call our affiliated insurance services provider, Quorum Insurance, LLC, at 800.714.1447 or visit their website.1
This will make settling any insurance claims a lot easier. Have both a written and photographic inventory of your property and personal belongings, and keep the inventory in a safe deposit box or secure data storage site.
Have a Secure Storage Container.
Into this goes all of your important documents – birth certificates, passports, insurance policies, medical and financial records. If you have to evacuate, the container goes with you. Also make a list of your important contacts, such as your employer, physician and pharmacy.
Set Payments on Autopilot.
Emergency or not, bills have to be paid and services like Grow Bill Pay ensure your monthly payments are made on time, even when you’ve got more important things on your mind.
Like you, here at Grow we’re hoping for the best and preparing for the worst. Our mobile response unit, for example, is a fully-functioning corporate office in a more portable size. So even if we lose power at headquarters, the unit will be up and running to handle any transaction and to ensure your accounts are secure.
For more information, visit ready.gov, the official website of FEMA.
1Quorum Insurance, LLC is an affiliate of Grow Financial. Insurance products purchased through Quorum Insurance, LLC are not deposits of Grow Financial and are not protected by NCUA. They are not an obligation of or guaranteed by Grow Financial and may be subject to risk. Business conducted with Quorum Insurance, LLC is separate and distinct from any business conducted with Grow Financial. Grow Financial is in no way responsible for the services provided through this program.
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