6 Tips for Safer Online Shopping

As the world has adapted to “doing more from home,” the volume of purchases being made entirely online has skyrocketed. Unfortunately, so have online shopping scams. Whether you’re shopping for holiday gifts or making a big purchase, like a pet or a car, there are always people looking to take advantage of you—and your wallet. “Scammers go where they feel … Continue reading
Senior woman using a digital tablet and credit card on the sofa at home

Promoting Financial Health + Wellbeing

At Allegacy, we live out our brand promise of doing the right thing for the wellbeing of our employees, members, and the broader community by promoting financial health. We are committed to offering personalized financial wellbeing offerings to our members, Select Employee Groups, and community partners. During the pandemic, we shifted all of our financial workshops, interactive challenges, educational tools, … Continue reading
Smiling young African woman working online with her laptop

Promoting Economic Development

As an extension of our community outreach, we support local chambers of commerce and other organizations that promote economic development in the communities within our footprint. Some highlights of our recent partnerships include: Supported the programs and projects of various chambers of commerce throughout Allegacy’s footprint including: Davie Chamber, Mt. Airy Chamber, Kernersville Chamber, High Point Chamber, Lewisville-Clemmons Chamber, King … Continue reading
Female Leader Casual Candid Portrait

Supporting Educators + Helping Students Be Their Best

Throughout its history, Allegacy has had a steadfast commitment to helping people be their best through education. Since 2008, when we opened the state’s first Student-Run Credit Union, Allegacy has been the leader in promoting financial wellbeing within our school communities. Today, we have nine SRCU locations throughout Forsyth County where student volunteers gain practical work experience running the credit … Continue reading
Male Student Smiling in Hallway

Message from Your CEO in Response to Covid-19

Dear Allegacy Member, “Doing right” is at the core of everything we do here at Allegacy. It’s what centers us in how we serve you, our member-owners, how we take care of our employees, and how we care for the communities we serve. Doing the right thing for your wellbeing has never been more important than it is today in … Continue reading
Special Message from Cathy J. Pace, President + CEO

6 Tips to Prevent Identity Fraud

In addition to the financial toll of identity fraud, victims are left with the difficult task of repairing the damage. While you may never be able to completely prevent your identity from being stolen, there are some proactive steps you can take to help minimize the risk. Here are 6 tips to prevent identity fraud: Enable two-factor authentication Two-factor authentication … Continue reading
6 Tips to Prevent Identity Fraud

Why We Overspend

Often, our spending decisions are ruled by feelings. When our willpower is low and suggestive advertising is prevalent, we may fall victim to certain triggers and spending traps. Understanding how and why we overspend is an important first step to greater financial health. Instant happiness Have you ever experienced a “high” from buying something you wanted? There is a certain … Continue reading
Why We Overspend

Find a Budget that Fits

For many, a budget feels like a diet for your wallet, restrictive and difficult to maintain. The good news is, it doesn’t have to be that way. In fact, having a budget puts you in the driver’s seat to make choices that can lead to financial freedom. The game plan The first step is to determine your baseline. That means … Continue reading
Make a Personal Budget in 5 Steps

How to Manage Financial Stress

The American Psychology Association estimates that 7 out of 10 American workers suffer from financial stress.1 According to a MetLife study of employee benefit trends, 59 percent of employers strongly agreed that employees are less productive while at work when they are worried about personal financial problems.2 Financial stress can be a burden on our professional lives and have a … Continue reading
How to Manage Financial Stress

Credit Score 101

Most people assume that a credit score only matters when it’s time to purchase a house or car. Nothing could be further from the truth. Your credit score impacts all areas of your life from the interest rates and credit limits on your credit cards to whether you’re extended a job offer or an apartment rental. Your spending and payment … Continue reading
Credit Score 101