Money Matters Winter 2020

6 MONEY MATTERS | Winter 2020 410-534-4500 800-JHFCU-70 jhfcu.org Members: 43,106 Assets: $477,356,285 Branch Locations Homewood Branch 4 E. 33rd Street Baltimore, MD 21218 Bayview Branch 5201 Alpha Commons Drive Baltimore, MD 21224 East Baltimore Branch 2027 E. Monument Street Baltimore, MD 21205 Branch Hours: Mo, Tu, Fr 8:30 a.m.–4:00 p.m. Wednesday 10:00 a.m.–4:00 p.m. Thursday 8:30 a.m.–5:00 p.m. Call Center 410-534-4500 • 1-800-JHFCU-70 Mo, Tu, Fr 8:30 a.m.–4:00 p.m. Wednesday 10:00 a.m.–4:00 p.m. Thursday 8:30 a.m.–5:00 p.m. Lost or Stolen ATM, Debit or Credit Card 410-534-4500 • 800-543-2870 Press 2 to speak with a representative After Hours: For ATM/Debit Card, press 5 For Credit Card, press 6 MoneyMatters is published by the JHFCU office staff. The views expressed do not necessarily reflect those of The Johns Hopkins Hospital or University administration. Address all correspondence to: Johns Hopkins Federal Credit Union c/o Editor, MoneyMatters 2027 E. Monument Street Baltimore, MD 21205 Federally insured by NCUA A Smarter Credit Score Solution: SavvyMoney ® We are excited to soon offer our members a new tool that provides a comprehensive credit score analysis, full credit report, monitoring, and personalized offers all available with our online banking and mobile banking app. SavvyMoney can help you better understand the factors that make up your score, provide you tips on how to improve or maintain your score, and access to your full credit report and credit monitoring to help prevent identity theft. There are also a myriad of financial education articles available to you anytime, with topics ranging from creating a budget to best practices on paying off debt—all with the goal of helping you meet your financial goals. Stay tuned as we begin our roll-out of this great benefit. College Scholarship Opportunity Are you headed off to college or trade school in 2020? Johns Hopkins Federal Credit Union is pleased to announce a college scholarship opportunity to make it easier for you to meet tuition costs. The $12,000 Credit Union College Scholarship Program for 2020, offered through the Credit Union Foundation, is underway now! Our college-bound members are eligible to apply for one of ten $1,000 essay-based scholarships, one $1,000 video-based scholarship, and one $1,000 photo-based scholarship. And yes, you may apply in all three categories. ESSAY-BASED SCHOLARSHIP – This year’s essay topic: It’s ten years in the future—the year 2030. Describe your vision of how you will manage your personal finances then. Include how you will pay for things, save, and borrow. Imagine how your credit union will help make that vision a reality. (750 word maximum) VIDEO-BASED SCHOLARSHIP – Create a 60-second video showing how you will manage your personal finances with JHFCU as your financial services partner in the year 2030. PHOTO-BASED SCHOLARSHIP – Capture an original photograph with the theme “Innovation.” Any credit union member entering their freshman through senior year of college or trade school may apply. Look for the link and information on jhfcu.org , or visit cufound.org . The deadline for applications is March 31, 2020. Awards will be made in May 2020. Johns Hopkins Federal Credit Union, The Credit Union Foundation MD|DC, and their generous supporters make this scholarship program possible.