Dear Member,
I want to take this opportunity to share an article I recently came across regarding ways to protect your personal finances. I hope you find this information useful during this uncertain time. 

So, you’ve stocked your home with food and other daily essentials in preparation for being stuck at home. You even managed to fight off the hoard of desperate shoppers at your local grocery store to secure the last few rolls of toilet paper. At this point, you’re prepared to weather whatever coronavirus (COVID-19) throws your way. But is your wallet? 

With more and more restrictions going into place every day, it’s well past time you took a few precautions to protect your personal finances. Here are nine things to do over the next few days to prepare yourself and your wallet for any disruption to your paycheck, financial situation, or daily routine.
1.       Get familiar with your credit union’s e-Services
2.       Automate payments or set up bill pay
3.       Reduce your discretionary spending
4.       Avoid making large purchases with your credit card
5.       Aggressively pay down debt
6.       Put that tax refund into your emergency fund
7.       Subscribe to your credit union’s emails
8.       Develop a plan for work
9.       Avoid scams
Wishing you and your family health and happiness. 
Karen Browne
Having home office is a great solution
The U.S. Treasury Department and the Internal Revenue Service (IRS) have launched a new web tool allowing quick registration for Economic Impact Payments (EIP) for those who don’t normally file a tax return. The new tool can be foun here .  
Make Quick and Easy Payments
We know life gets hectic sometimes, and when you have a loan somewhere other than your primary financial institution, it can be challenging. LoanPay Xpress is a quick and easy way to make loan payments from the convenience of your home or on a smartphone while on the go. Set up a payment as an ACH from a checking or savings account for free or enter your debit or credit card information. * VISA debit, MasterCard debit/credit and Discover credit cards are accepted.

Benefits of LoanPay Xpress
  • Enjoy the convenience of setting up a one time or recurring payment.
  • Easily pay for multiple TBACU loans, even if they are from different TBACU accounts!
  • Payments made using a checking or savings account are free!
  • Review payment history, start/stop payments or make additional payments outside of the loan due date.
* A $10 convenience fee applies to each payment made with a credit or debit card.

For more information, click here .
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis. Major relief provisions are summarized here.

Everyone here at TBACU is committed to serving our amazing members. We love receiving feedback and encourage suggestions on how to make your banking experience as pleasant as possible. To make a suggestion, you can visit our website through the link below and fill out our simple member suggestion form. We look forward to hearing your feedback. Make a suggestion >
Board Of Director Nominations

In accordance with TBA Credit Union By-Laws, the individuals listed below were nominated by our Nominating Committee. Other nominations may be made in writing with the signatures of one percent (1%) members.
  • Adam BeVier
  • Kay Walker
If you have further questions, please reach out to our local Service Center at 231.946.7090 .
Upcoming Workshops are Moving to Zoom!
Stay tuned for updates on our 2020 financial workshops.
Coming soon:
SECURE Act - May 19, 12 pm via zoom.
CARES Act and Market Volatility - Date TBD
DRIVE THRU HOURS: M - F, 9 am to 5 pm

Mailing Address: P.O. Box 1049, Traverse City, MI 49685 

P: 231.946.7090 or 1.800.678.0987 
F: 231.932.5050 

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