ATLANTA—Delta Community Credit Union has published a list of “seven sensible stocking stuffers” for consumers this holiday season, all available with “one-stop shopping” at the credit union.
The seven recommendations for consumers are:
- A Savings Account. Establish a Youth Savings Account for a child in your life. “In addition to the always-cool gift of money, a savings account also provides an opportunity for financial education – a gift that keeps on giving.”
- CD. A certificate of deposit earns interest at a higher rate than checking or savings accounts and can be a thoughtful long-term gift.
- Cash. “Stop the guesswork and give the gift of cash this holiday season. During the holidays, many financial institutions provide free seasonally decorated currency envelopes.”
- Credit Union Membership. With low (or no) fees and generally better rates on deposits and lower rates on loans, credit union membership is a great gift for friends and family. Many financial institutions have “refer-a-friend” programs that provide cash incentives to new members and the people who refer them.
- Reward Points. Reward points offered on many credit cards may be used to buy a wide variety of merchandise and gift cards. Some programs allow points to be donated to select charities—an easy way to celebrate the spirit of the season.
- Merchandise: Items such as piggy banks, water bottles and clothing sold in bank and credit union lobbies are convenient, affordable gifts. Proceeds from the sale of such merchandise frequently benefit local non-profit organizations.
- Peace of Mind: Most credit unions and banks offer investment and insurance products which may provide the most thoughtful gift of all: financial security.
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