Credit Line The

WQuarterly NewsletterJanuary 2018

HOLIDAY CLOSINGS

Happy 2018!

MONDAY, JANUARY 15Martin Luther King, Jr. Day

SATURDAY FEB 11 MID CITY BRANCH CLOSED

TUESDAY, FEBRUARY 13

MONDAY, FEBRUARY 19

Mardi Gras

Ten Rules for Successful Money ManagementAlways remember that the most important factor in using money wisely is not how much money you make, but how you manage your spending! Here are ten rules that can help you achieve financial success. 1. Arrange a family system for handling money and make certain that everyone in the family is involved and understands it. 2. Make a spending plan suited to your own income and needs. Don’t try to follow others – a spending plan is a personal system to help you and your family. 3. Decide on your family’s most important goals. Spend your money on things that will care for your family’s welfare and happiness. Take a minute to decide how important it really is to you and your family, before you make the final purchase. 4. Plan ahead for the entire year. A financial picture of your entire year will be a great guide and can help to meet your family’s financial goals. 5. Include all of your income and expenses. It’s usually easy for families to determine their income, but getting a grasp on expenses can be more challenging. Keeping receipts will help you track what you spend more accurately. 6. Use credit wisely. Don’t spend more on credit than you can afford to pay on a monthly basis. Responsible use of credit cards will help you establish a solid credit rating and avoid financial problems. 7. Pay yourself first by trying to save 10% of your income. If you can’t afford 10%, start with a smaller amount. Treat savings as a monthly bill. 8. Stick to your plan, but don’t be afraid to alter your program if you think it needs improvement. Never give up! Be determined and succeed. 9. Review your plan once a month. 10. Hold family meetings to review the progress together.

Need help getting started? As a member of GNOFCU, you can take advantage of the GreenPath Financial Wellness program, a free financial education and counseling program. GreenPath counselors are available Monday through Thursday 8 a.m. to 10 p.m. (EST), Friday 8 a.m. to 7 p.m. and Saturday from 9 a.m. to 6 p.m. To use this new service, simply call 1-877-337-3399 or visit them on the web at www.greenpathref.com.

Tax Tips for First-Time Filers in CollegeUnless you’re an accounting major, filing taxes may not be your idea of a good time. But if you don’t file, you may end up leaving a lot of money on the table. If you’re going to file taxes for the first time this year, here are a few tips to make this task easier and less stressful:

• If taxes were withheld from your paycheck, even if you only earned a little money, file your taxes so you can get some of that money returned to you.• If you earned more than $10,400 in 2017, you must file a tax return.• You’re eligible for at least 3 tax breaks in the years you pay tuition: The American Opportunity Tax Credit, the Lifetime Learning

Credit, and the tuition and fees deductions.• If your parent still claims you as a dependent, you must mark off “I can be claimed on someone else’s return” on your form.• File early. Waiting until the last moment will only make the process more stressful. • You can file your Federal taxes for free and online by going to www.irs.gov. There are other free filing websites, found easily through an online search.• You’ll have to pay state taxes to each state you are a resident of during the tax year. If you attend college in one state but live in another, check the residency requirements to see if you qualify as a resident or nonresident of the state in which you attend school.

Here are the forms you’ll need to file your taxes and get your returns:• W-2: Your employer will give this to you. It’ll show any taxes that were withheld from your paycheck.• Form 1098-T: Your college will send you this tuition statement. It includes information you’ll need to claim education credits. • Form 8863: This is another form that will tell you if you qualify credits like the American Opportunity Credit and the Lifetime Learning Credit. • Form 1098-E: Use this to deduct the interest you paid on a qualified student loan during the tax year. Your lender will send this form to you if you paid more than $600 in interest.

Filing taxes may seem like a boring chore, but if you don’t, you’ll miss out on a nice tax return. And who wouldn’t like a little extra cash in their account? Hm?

Copyright 2018 Credit Union National Association Inc. Information subject to change without notice. For use with members of a single credit union. All other rights reserved.

#1 best-selling tax software based on aggregated sales data for all tax year 2016 TurboTax products.See TurboTax product guarantees: https://turbotax.intuit.com/lp/yoy/guarantees.jsp

© 2018 Intuit Inc. All rights reserved. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries.

Other parties’ trademarks or service marks are the property of their respective owners.

Credit union members can save on the #1 best-selling tax software.

With TurboTax, get your taxes done right and your biggest

possible refund.

GET STARTED:Visit your credit union’s

website to save on TurboTax today!

140382_TurboTax_Statement_Insert_F2.indd 2 12/7/17 3:19 PM

#1 best-selling tax software based on aggregated sales data for all tax year 2016 TurboTax products.See TurboTax product guarantees: https://turbotax.intuit.com/lp/yoy/guarantees.jsp

© 2018 Intuit Inc. All rights reserved. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries.

Other parties’ trademarks or service marks are the property of their respective owners.

Credit union members can save on the #1 best-selling tax software.

With TurboTax, get your taxes done right and your biggest

possible refund.

GET STARTED:Visit your credit union’s

website to save on TurboTax today!

140382_TurboTax_Statement_Insert_F2.indd 2 12/7/17 3:19 PM

#1 best-selling tax software based on aggregated sales data for all tax year 2016 TurboTax products.See TurboTax product guarantees: https://turbotax.intuit.com/lp/yoy/guarantees.jsp © 2018 Intuit Inc. All rights reserved. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties’ trademarks or service marks are the property of their respective owners.

Save up to $15 on TurboTax®

Credit union members can save up to $15 on the #1 best-selling tax software. With TurboTax, get

your taxes done right and your biggest possible refund.

GET STARTED:Visit your credit union’s website to

save on TurboTax today!

140382_TurboTax_Promoter_Poster_F2.indd 1 12/8/17 1:10 PM

#1 best-selling tax software based on aggregated sales data for all tax year 2016 TurboTax products.See TurboTax product guarantees: https://turbotax.intuit.com/lp/yoy/guarantees.jsp © 2018 Intuit Inc. All rights reserved. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties’ trademarks or service marks are the property of their respective owners.

Save up to $15 on TurboTax®

Credit union members can save up to $15 on the #1 best-selling tax software. With TurboTax, get

your taxes done right and your biggest possible refund.

GET STARTED:Visit your credit union’s website to

save on TurboTax today!

140382_TurboTax_Promoter_Poster_F2.indd 1 12/8/17 1:10 PM

How to Make Goals That Stick

Set specific goals that motivate you and are high priorities in your life.For example: Saving $1,000 this year for your child’s college education.

Write down the goals and post them where you’ll see them often.Use positive words like “will” instead of “would like to” or “might.” For example, “I will save $1,000 a year for my child’s college education.”

Make an Action Plan and write out each step.

Place a check mark next to each step as you complete them.

o Open a savings account

o Figure out how much to put away each month to meet my goal.

o Saved $250

o Saved $500

o Saved $750

o Saved $1,000!

know an

OwlsomeSenior?

Tell them about our Enola M. Fee

$1,000 ScholarshipYou can download our Scholarship Application

and Requirements Checklist at: www.gnofcu.com

under Member Benefits; Scholarship.

Basic Steps to Financial FitnessYour finances and the decisions you make about them change over time and are different from your friends’ or your parents’. Still, some broad guidelines may help you get a handle on your financial plans.

* For mortgages, lenders expect your payments to be no more than 28% of your monthly gross income (income before taxes, Social Security, and other deductions). Another method says that your PITI (principal, interest, property taxes and insurance) plus your total long-term debt (car payments, college loans, installment payments) should not exceed 45% of your gross income.

* How much should you be saving? Financial experts suggest three to six months’ take-home pay in a savings account. That can take time to build up, and you may need to raid your account even while you’re adding to it. Still, if you consistently put aside 5% of your take-home pay, using payroll deduction, you’ll reach your goal.

* For long-term retirement savings, at minimum put a percentage into your 401(k) that equals what your employer will match. Anything less and you’re actually giving up free money. Ideally, contribute the maximum your employer allows into your 401(k). Can’t swing that much while you’re saving for your child’s future education expenses? Keep this in mind: You can borrow to meet higher education expenses, but you can’t borrow for retirement expenses.

Talk to the professionals at GNO FCU to learn about all the services available to help you meet your goals.

Copyright 2014 Credit Union National Association Inc. Information subject to change without notice. For use with members of a single credit union. All other rights reserved.

To see if you qualify, see the criteria below:

• Primary Residence • Max amount of grant is $7,000 to assist with down payment and closing cost• 620 minimum credit score• 2 yrs of work history in same profession, or college transcripts• Income restrictions- designed for low to moderate income families

Grant funds are limited based on a first come first serve basis. Call our Mortgage Department today to start the grant process. 504.459.8158

Looking to start the New Year Off In A New Home?Let our Mortgage Team HELP you today! If you are a first time home buyer, you could qualify for a GRANT through the HELP Program.

We know members are spending more time online researching and shopping for vehicles before purchasing, so Enterprise Car Sales has been working diligently to ensure our digital storefront stays up-to-date and provides the information members want. We are thrilled that these updates are complete and allow for better navigation of the site. As you experience the site we are sure you will see how buying a vehicle from Enterprise Car Sales is different than buying anywhere else – whether that’s through our selection of quality used vehicles, easy and transparent buying, selling, or trading process, or our overall commitment to providing exceptional member service. A few of the updates include:

• New Video Content• Clearer explanation of our sell and trade-in process• A new section for Businesses seeking to purchase commercial vehicles• A new section for Total Loss • Easy to find promotions and special offers

Please test-drive our site to experience the updates first hand.

www.enterprisecarsales.com/GNO

 We know so Enterprprovides tbetter navEnterpriseused vehicproviding  

N C A  A  Ea

 Please tes 

members are rise Car Sales he informatiovigation of thee Car Sales is dcles, easy and exceptional m

ew Video Conlearer explananew section fnew section fasy to find pro

t‐drive our sit

spending mohas been woron members we site.  As you different than transparent b

member servic

ntent ation of our sefor Businessesfor Total Loss omotions and 

te to experien

re time onlineking diligentlywant.  We are experience thbuying anywhbuying, sellingce.  A few of th

ell and trade‐is seeking to pu special offers

ce the update

e researching y to ensure outhrilled that thhe site we are here else – whg, or trading prhe updates inc

n process urchase comm

s 

es first hand.  w

and shoppingur digital storehese updates sure you will hether that’s trocess, or ourclude: 

mercial vehicle

www.enterpr

g for vehicles befront stays upare completesee how buyithrough our ser overall comm

es 

isecarsales.co

before purchap‐to‐date and e and allow forng a vehicle frelection of qumitment to 

om/GNO    

 

 

sing, 

r rom ality 

 We know so Enterprprovides tbetter navEnterpriseused vehicproviding  

N C A  A  Ea

 Please tes 

members are rise Car Sales he informatiovigation of thee Car Sales is dcles, easy and exceptional m

ew Video Conlearer explananew section fnew section fasy to find pro

t‐drive our sit

spending mohas been woron members we site.  As you different than transparent b

member servic

ntent ation of our sefor Businessesfor Total Loss omotions and 

te to experien

re time onlineking diligentlywant.  We are experience thbuying anywhbuying, sellingce.  A few of th

ell and trade‐is seeking to pu special offers

ce the update

e researching y to ensure outhrilled that thhe site we are here else – whg, or trading prhe updates inc

n process urchase comm

s 

es first hand.  w

and shoppingur digital storehese updates sure you will hether that’s trocess, or ourclude: 

mercial vehicle

www.enterpr

g for vehicles befront stays upare completesee how buyithrough our ser overall comm

es 

isecarsales.co

before purchap‐to‐date and e and allow forng a vehicle frelection of qumitment to 

om/GNO    

 

 

sing, 

r rom ality 

Important Member Notification

504.454.8224Toll-free in LA: 888.468.5041Toll-fee outside of LA: 800.468.504124/7 Call Center/Loan Line 866.363.0207

COMMUNIQUE’ 24-HOUR ACCOUNT ACCESS LINE504.459.8170

NATIONWIDE CO-OP SHARED BRANCH NETWORKhttps://co-opcreditunions.org/locator/

METAIRIE3105 Lime St. 70006

MID-CITY NOLA2812 Canal St. 70119

WESTBANK HARVEY2731Manhattan Blvd. Ste. A-25 70058

WWW.GNOFCU.COM

Federally insured by the NCUA

Contact Information

2 18

subject to change

SATURDAY JANUARY 6 FRENCH QUARTERJoan of Arc Walking Parade 6pmSociété Du Champs Elysée Streetcar Ride 7:30pmUPTOWN Phunny Phorty Phellows Streetcar Ride 7pm

SATURDAY JANUARY 27 FRENCH QUARTER Krewe du Vieux 6:30pmKrewe Delusion Walking Parade FollowsSLIDELL Bilge Boat Parade 11amPoseidon 6pm

SUNDAY JANUARY 28METAIRIELittle Rascals NoonSLIDELL Slidellians 1pm Perseus Follows

FRIDAY, FEBRUARY 2

FRENCH QUARTER Krewe of Cork Walking Parade 3pm UPTOWNOshun 6pm Cleopatra 6:30pmMANDEVILLE Eve 7pmMETAIRIE Excalibur Eliminating Bonnabel Loop 7pm

SATURDAY, FEBRUARY 3WESTBANKAdonis 11:45amST. BERNARD Nemesis 1pmUPTOWN Pontchartrain 1pm Choctaw Follows Freret Follows Sparta 6pm Pygmallion Follows METAIRIECaesar 6pmMARIGNY‘tit Rex Walking Parade 5pmChewbacchus Walking Parade 7pmCOVINGTONOlympia 6pm

SLIDELL Krewe of Paws Dog Walking Parade 10amTitans 6:30pm

SUNDAY, FEBRUARY 4UPTOWN Femme Fatale 11am Carrollton Follows King Arthur Follows Alla FollowsSLIDELL Claude 1pmDionysus Follows FRENCH QUARTER Barkus Dog Walking Parade 2pm MADISONVILLE Tchefuncte 2pm

WEDNESDAY, FEBRUARY 7UPTOWN Druids 6:30pm Nyx 7pm

THURSDAY, FEBRUARY 8UPTOWN Knights of Babylon 5:30pm Chaos 6:15pm Muses 6:30pm

FRIDAY, FEBRUARY 9UPTOWN Hermes 6pm Le Krewe D’etat 6:30pm Morpheus 7pm FRENCH QUARTER Krewe of Bosom Buddies Walking Parade 11:30amSLIDELL Selene 6:30pm METAIRIE Centurions 7pm

SATURDAY, FEBRUARY 10WESTBANK NOMTOC 10:45am UPTOWN Iris 11am Tucks Noon Endymion Mid-City Route 4:15pm METAIRIE Isis 6:30pm

SUNDAY, FEBRUARY 11UPTOWN Okeanos 11am Mid-City 11:45am Thoth Noon Bacchus 5:15pm METAIRIE Napoleon 4:30pm Athena 5:30pm Pandora 6:30pm

MONDAY, FEBRUARY 12UPTOWN Proteus 5:15pm Orpheus 6pm

TUESDAY, FEBRUARY 13UPTOWN Zulu 8am Rex 10amElks Orleanians Truck Parade FollowsCrescent City Truck Parade FollowsMETAIRIEArgus 10am Krewe of Elks Jefferson Truck Parade Follows Krewe of Jefferson Truck Parade Follows COVINGTONLyra 10am

Parade Schedule

Congratulations to our very own Business Development Specialist

REBECCA BOYER REMETICH Queen ALLA LXXXVI