Happy New Year! Every year is a fresh start and a chance for you to set in motion plans to accomplish goals, change your habits, and improve your well-being. LBS Financial is here to assist you in maximizing your financial situation. Just reach out to us, whether by phone, a visit to a branch, or scheduling an appointment through our website. We are here for you.
It’s been a unique time in the economy these past few years, especially with the current interest rate environment. To attempt to bring down inflation, the Federal Reserve Bank increased rates at an unprecedented pace. This has positively impacted our savers who are receiving excellent rates on their deposits, but the cost of borrowing is a real challenge for anyone trying to achieve their goals. If you are planning to buy a home in the future, don’t let this economic cycle discourage you. Take the opportunity to learn as much as you can and begin the habit of saving monthly now. Every spring the Credit Union offers home buyers webinars and I encourage you to attend, especially if you are a first-time home buyer.
Consider us your resource for all things financial. In addition to our friendly staff, we also have content on our website and social media to provide you with additional resources, tips, and ideas to educate you along the way. Visit our website at lbsfcu.org/educate for short educational modules and playlists including Investor Education, Owning a Home, and Preparing for Retirement. I also encourage you to check out our monthly blog located on the same page, a quick read with a variety of financial topics prepared by our team.
We hope your experience with LBS Financial has been extraordinary. If we can do better, please let us know and take the time to complete a survey or comment card at the branch. If you are more than pleased, share the love of LBS Financial with your friends and family. They are most likely eligible to join, whether they are a school or college employee or live or work locally.
All of us at your Credit Union thank you for your support and loyalty. Best wishes for a fantastic year ahead for you and your family.
Together ahead,
Sean Hardeman
President & CEO
