For All Your Home Loan Needs - Apply Online Today! - April 2021 Volume 67 | No. 2 - Barksdale Federal Credit ...
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Volume 67 | No. 2
April 2021
For All Your Home Loan Needs –
Apply Online Today!
www.bfcu.org | 800-647-2328
P3 | Fraud Alert
P4 | Buying a Home in a Competitive Market
P5 | Tax Preparation Services at BFCU
P6 | SEG Spotlight
P8 | Be a Credit Union Saver
2 | www.bfcu.org
INSIDE THIS ISSUE Congratulations
Fraud Alert...................................................... 3 to Our Scholarship
Winners!
Buying a Home in a Competitive Market......... 4
Tax Preparation Services at BFCU.................. 5
5 Ways to Build a Healthy Credit History......... 5
Business Services.......................................... 6
SEG Spotlight................................................. 6 Nathaniel Bonts
Caddo Parish Magnet
Community News........................................... 7
High School
Be a Credit Union Saver................................. 8 Shreveport, LA
Rates and Dates............................................. 8
Taylor James
Rosepine High School
DeRidder, LA
Barksdale Federal Credit Union Financials
January 2020 January 2021
_______________________________________________________________
Loans $875,890,793 $968,433,053
Assets $1,484,478,519 $1,841,914,400
Deposits $1,306,451,930 $1,646,448,079 Robert Rollins III
Oakdale High School
Reserves $162,965,479 $174,122,600 Oakdale, LA
Members 134,467 146,241
All financials are rounded to the nearest dollar.
For more information, center locations and hours,
visit www.bfcu.org, or call 318-549-8240 or
800-647-BFCU (2328). CO-OP shared branches can
be found at www.co-opsharedbranching.org.
Dominic Ross
Louisiana School for
Math, Science, and the
Arts (LSMSA)Bossier
This publication does not constitute legal, accounting or other professional
advice. Although it is intended to be accurate, neither the publisher nor
DeRidder, LA
any other party assumes liability for loss or damage due to reliance on
this material. Websites not belonging to this organization are provided for
information only. No endorsement is implied. Images may be from ©Getty.
©2021 Bluespire | bluespiremarketing.com
Your Financial Partner for Life | 3
Fraud Alert Contact us if you
suspect you’ve been
scammed. You can also
Y ou’ve likely
heard of
phishing scams
can be set up with local area codes and
designed with voice prompts that sound
perfectly legitimate. Since consumers
file a complaint on the Federal
Trade Commission’s Web
that use fraudulent are already accustomed to entering
emails as bait. account numbers before speaking with site, www.ftc.gov or call
Now there’s a new a representative, it’s easy to enter the 1-877-FTC-HELP.
twist on the same numbers before thinking twice.
Patrick Gullatt
CEO
scam – vishing,
also called voice Safety Tips
phishing. • Protect yourself from these scams by not
responding to requests for your personal • Watch out for spoofed phone calls – the
Vishing scammers set up phone numbers information or your online/mobile call looks like it is coming from BFCU,
through internet-telephone services, banking username or password. but the representative on the phone says
then lure victims to disclose account • Don’t call or click on phone numbers they need your online banking username
numbers and other personal information listed in “phishy” emails or text and password. We will never ask you
over the phone with automated voice messages. These numbers may look for this information. The Federal Trade
prompts. The operation moves so legitimate, but you could be calling Commission recommends never turning
quickly that con artists can steal sensitive back a fraudster. Instead, dial BFCU’s over private information based on an
information and shut down phony number directly. email or text request.
telephone numbers in a matter of days.
The Voice Behind the Curtain
Vishing is initiated by an email or text
message that may appear to be from
your financial institution or an
online merchant. The message
may claim that your account has
been disabled due to unauthorized
access, or that your information
needs to be verified to
continue using the
account or to prevent
fraudulent activity.
Rather than linking to
a look-alike website
made for gathering
information, as
phishing scams do,
vishing scams provide
a phone number to call.
These phone numbers
4 | www.bfcu.org
Buying a Home in a
Competitive Market
Buying a home is a big decision. You don’t
BUY HOME
want to rush it, but there’s a heightened
sense of urgency to act quickly when homes
are selling fast. Here are some tips for
navigating a tight housing market:
Work with an Keep it simple.
experienced real Get preapproved Make a strong offer. Sellers may be more
estate agent. Save time for a mortgage. A lowball offer isn’t likely to accept a “clean”
and stress by working Having an approval likely to win the offer that doesn’t have
with an agent who knows letter puts you in a home you want in a contingency clauses
how to compete in a strong position to make competitive market. or demands to make
fast-paced market. an offer on a home. changes to the home.
Is a New Home
in Your Future?
Barksdale Federal is here to help.
Start the mortgage preapproval
process online at bfcu.org.
Prepare for a bidding Put up more earnest Be flexible.
war. Decide on your money. Increasing Flexibility with move-in
maximum bid ahead the amount of earnest dates and other details
of time so you don’t money shows you’re could make a seller
get carried away in serious about the deal more willing to accept
a bidding war. (and you get it back if your offer.
your offer is not accepted).
Your Financial Partner for Life | 5
L to R - Arno Easterly, Al Oar, Dr. Ryan Jacobsen,
Director’s Corner Charleene Ringler, Bernie Hawk, Roy Walling, Steve Stakes
Tax Preparation
Services at BFCU
A pril 15th is almost here, and BFCU
offers a year-round tax service to
its members.
all state returns to better serve our
military members, and speedy electronic
filing ensures you will receive your
refund quickly.
For over 30 years, C. Taylor and his team
have been providing tax preparation and With prices below most other tax Monday-Friday, 9am-5pm, for an
advice to BFCU members. These services services, and BFCU members receiving appointment to see C. Taylor and his
include individual, partnership and a special discount, this is your best buy in staff at Northgate Center, 720 Northgate
corporation returns. They also complete income tax service. Call 318-549-4017 Road, Bossier City, LA.
5 Ways to Build a
Healthy Credit History
If you’ve ever watched TV’s “The Biggest
Loser,” you know that it’s easier to
maintain a healthy weight now than try to
1 Pay your bills on time. Learn
more about our bill pay and
automatic payment transfer options
lose weight and overcome possible health at bfcu.org > Personal Banking > achieve your goal. This card has a low
conditions later. (Or as some people say, “A Online Banking > Pay Bills. interest rate and no annual fee to help
moment on the lips, forever on the hips.”) when you need it most.
The same is true of your credit history,
which affects everything from your
2 Pay down your debt. Consider
our low-rate loans to consolidate your
debt. A financial counselor can also help 5 Fix errors. Review your official
records from all three major credit
purchasing power to your ability to get you create a debt management plan. reporting agencies (Equifax, Experian
a reasonable loan rate or land a job. and TransUnion) and be sure any
Building a healthy credit history from
the start – rather than trying to overcome 3 Reconsider closing accounts.
You may be tempted to close an
old credit card account because you no
incorrect information is corrected.
You can order a free credit report
from each agency once a year at
mistakes later – can save you time, energy
and money. longer use the card. But the longer your www.annualcreditreport.com.*
responsible borrowing history, the better
To get an idea of your credit history, your score. With healthy rates on savings and low-
potential lenders will examine your credit rate loans and credit cards, Barksdale
score. A high credit score can make it easier
to get a credit card or loan and may result 4 Only use a Secured Credit
Card. Our Visa Platinum Secured
credit card is perfect for individuals with
Federal can help you achieve fiscal fitness
and a healthy credit history. Contact us
at 318-549-8240 or visit your closest
in the lender setting a lower interest rate.
To boost your credit score, remember little or no credit. Whether you’re just BFCU location to learn more.
these tips: starting to build credit or trying to repair *W
ebsite provided for information only. No
bad credit, this card is a great way to endorsement is implied.
6 | www.bfcu.org
Set Up Your Small
Business for Success Are you ready to move
forward with your small-
Small businesses play an important part Merchant services. We offer business plans? We’re ready
in our nation’s economy. Whether you’re merchant services with credit to help you find the financial
considering setting up a small business card processing and payment products you need. Email one of our
or you’re a seasoned owner who wants solutions so you can concentrate on business services representatives at
to expand, Barksdale Federal has the running your business. Rates and fees are BusinessServices@bfcu.org, stop
financial products and tools you need. based on sales volume, average transaction by your favorite location or visit
rates, types of credit and debit cards you bfcu.org to learn more.
Business checking. We offer accept, as well as the point of sale systems,
several types of business checking payment gateways and e-commerce
accounts designed to meet the platforms you use.
needs of your business. It’s easy to make
payments and monitor your account with Line of credit. A business
online banking, electronic transfers and line of credit lets you manage location. Barksdale Federal offers fixed-
online statements. cash flow with easy access to and variable-rate loans with flexible
working capital. Pay only on the amount repayment terms.
Business credit card. Use you borrow – funds are made available as
a business credit card to track your outstanding balance is repaid. We Commercial real estate
everyday expenses and separate offer competitive interest rates and flexible loan. Use these loans to acquire
your business and personal expenditures. repayment terms. property or refinance commercial
Barksdale Federal has Visa® credit cards properties you already own. Funds can
with the features you need to run your Small-business loans. A also be used to make improvements on
small business such as competitive rates, small-business loan can help apartments, hotels, offices, warehouses and
no annual fee or balance transfer fees, and your business grow. Use manufacturing facilities. We offer a variety
no fees for cash advances. BFCU Business it to purchase equipment, fleet vehicles of commercial real estate loan options
Visa cards even come with Reward points! or to upgrade your brick-and-mortar with affordable rates and terms.
SEG Spotlight
Southernly Stitched Designs
Southernly Stitched Designs (SSD) offers a local and personalized touch
for all your embroidery needs. Located on E. 70th St. since 2019, SSD
specializes in applique and embroidery for children and adults. The
storefront includes a place to shop for children, baby showers, gifts and
any holiday celebration. Along with items they have for purchase, you
can also bring in items to be personalized with embroidery.
Visit the Facebook page Southernly Stitched Designs *VIP,* shop the
website southernlystitcheddesigns.com, call 318-670-7560 or
stop in to see what they have to offer!
Shop Small, Shop Local, Shop SSD
Your Financial Partner for Life | 7
BFCU Community News Welcome SEGs
• 8 oz Burger Bar of Bossier City, LA
We wish we had room to list all of the community events – thank you for • Calcasieu Soil and Water Conservation
letting us be your community partner! District of Leesville, LA
• Certified Auto Repair Specialists of
December 22 BFCU was honored to sponsor the
Leesville, LA
1 Police Officers are able to bond with Annual SrA Bryan Bell Memorial 5K,
• Front Porch Designs of Oakdale, LA
children in need while shopping for honoring a Barksdale Air Force hero.
• Glamour and Grace Photography of
school clothes and a game or toy through Shreveport, LA
23 People helping Pets was the goal at the
donations to the Shop with a Law Officer • Haymon Ashworth Construction of
Run Like An Animal 5K, benefitting local
Christmas Program. Pitkin, LA
animal rescue groups.
4 Soldiers and their families received • Interstate Skater Transportation of
holiday cheer to kick off the season at February Jonesboro, LA
the Fort Polk Snow Flake Festival. 3 Students of the Week at Leesville High • JKW Oilfield Consultants of Hallsville, TX
School were provided with prizes and a • Leed Construction of Anacoco, LA
5 BFCU helped children with Cerebral pizza party to reward them for their hard • ME Designs of Leesville, LA
Palsy obtain costly medical equipment work and determination. • Nothing Bundt Cakes of Shreveport, LA
by participating with the No Limits Just • PB&J Land Effects of Hornbeck, LA
Faith 5K. 4 Help was given once more to Scooter
• Pinnacle AC and Heating of Leesville, LA
Baby Ministries, and organization that
12 Children of all ages enjoyed Sarepta’s • Professional Mental Health Services
helps our older neighbors’ quality of life
Rock Around the Christmas Tree with the of Monroe, LA
through the use of lifelike dolls.
help of our Cotton Valley location. • Quality Electrical & Controls Services
8 BFCU’s support of the Longview of Jonesboro, LA
15 Children in foster care in Northwest High School’s LOBO Invitational Golf • Salad Station of Alexandria, LA
Louisiana were shown the magic of Tournament helped coaches provide • Saladwerx of Leesville, LA
Christmas through a partnership with their teams with sporting equipment • Sanders and Comstock of Leesville, LA
Santas in Blue. for a successful year. • Taylor Fam Farms of Jonesboro, LA
• The Garage of Leesville, LA
18 Employees and community members 22 The credit union partnered with the
• TMTJ Enterprises of DeRidder, LA
drew together with gifts to ensure the Shreveport-Bossier African American
• Toups Kajun Kitchen of Leesville, LA
children of Providence House felt the Awards Scholarships to reward local
• Yellow Pine Lodge No. 282 F&AM of
love and support of their neighbors. youth with financial aid and ease their
Oakdale, LA
path toward a college degree.
January • ZiZi Treats of DeRidder, LA
1 Homebound elderly in Caddo Parish 26 Third and Fifth graders at Ware East
were provided meals with credit union Texas Montessori Academy learned about
support. positions within the credit union industry
at a Virtual Career Expo. 25 The 67th Annual Meeting was held at
9 Employees cheered on participants of
the NorthGate location. Members who
The Arc of Caddo-Bossier’s Go For the March were unable to attend can find a recording
Gold 5K, an annual event raising funds 6 Employees partnered with Keep Bossier
of the meeting on our website.
for the Goldman School that serves Beautiful to perform a Community Litter
students with disabilities. Assessment as we work toward protecting 26 Care was shown for children of the
Bossier’s image. Boys & Girls Club of the Big Pines at the
13 The credit union held a blood drive
15th Annual Odis Hills Memorial Golf
at our Leesville Center to help restore 12 The credit union sponsored the
Tournament in Longview.
the critical supply of donations needed St. Jude’s Radiothon and presented a
for our community. donation to help support the children 27 Staff were on hand to support local
served by this critical organization. sportsmen and youth at the Shreveport
16 Staff dug deep to plant 5 trees donated
Chamber’s Shoot Happens Sporting Clay
by the credit union to help Keep Bossier 18 Employees learned about making
Shoot.
Beautiful and enhance the beauty of healthy decisions and heard stories of
our city. those affected by heart disease at the 27 Employees helped beautify and clean
American Heart Association’s Go Red up the city during the Leesville Mayor’s
for Women Virtual Dinner. Women’s Commission Trash Bash.
Rates and Dates
Account Rate APY*
________________________________________________
2701 Village Lane
Prime Savings 0.25% 0.25%
Bossier City, LA 71112
Sp. Purpose Savings 0.25% 0.25%
________________________________________________ 318-549-8240
Children’s Savings 0.25% 0.25% www.bfcu.org
Christmas Club 1.50% 1.50%
________________________________________________
IRA Prime Savings 1.50% 1.51%
Regular Checking 0.10% 0.10%
________________________________________________
Plus Checking 0.20% 0.20%
High Five Checking 0.10% 0.10%
* Annual Percentage Yield.
Rates effective Nov. 9, 2020.
Rates subject to change without notice.
Federally Insured by NCUA
Holiday Closings
Barksdale Federal Credit Union will be closed
for the following holidays: Report lost or stolen Credit Cards: 800-647-2328, option 6
MAY JUL Independence After Hours: 800-543-5073 | International: 727-570-4881
31 Memorial Day 5 Debit cards: 866-724-2761
Day
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