In addition to my day job here at Truliant, I’ve been working on my Masters in Business Administration (MBA).

An MBA teaches people a great deal about sales, leadership, finance, negotiation, process design, all of which are useful skills in the business world. However, they finish as distant runners up to the ability to understand who you are doing business for, which is not something most leaders learn in business school.

Truliant takes great pride in hiring from within the communities we serve and giving back to those communities through sponsorships, grants and scholarships. Doing so helps [click to continue reading.]

Last week Donnie Peaks wrote a post highlighting various acronyms in an effort to help you understand what they mean. In his post he said,

“At Truliant, we’ve put forth great effort to not use financial jargon or acronyms that may be confusing.”

Shortly after his blog was posted we received an email in our Success Story Inbox that highlights the above statement and we wanted to share it with you. Try not to let your jaw drop when you read how high this new member’s loan interest rate was at another financial institution.

Here’s the story as reported from Teresa, a Member Service Specialist at our Wytheville Member Financial Center.

“Last week, a young man came into the Wytheville Member Financial Center and asked about the credit union. We talked for almost an hour and I discovered a lot about him during the conversation – including the fact that his current financial institution had caused him some problems and that he was tired of all the fees they charge. It’s also worth pointing out that he’d been to five other financial institutions prior to coming to Truliant.

After we talked he left the office to think about what I had told him and returned later that day. I asked him what it was that made him choose Truliant over all the other places he had been that day; to my delight he told me [click to continue reading.]

Suzy Orman Highlights Credit Union Credit Cards

by Truliant March 5, 2010

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Financial advisor Suzy Orman appeared on CBS Sunday morning last week to offer tips to help you with your personal finances. She specifically mentioned why credit unions credit card programs are something you should consider. Take a moment and watch the video below.

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What do Those Letters Mean?

by Donnie March 4, 2010

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Have you ever felt like there’s a secret school that teaches acronyms?  Maybe you think that you must have been absent that day in school when they covered what APR, APY, NCUA, EFT, SSN, ME, YTD and a hundred other acronyms stand for?  Well today is your lucky day!
Acronyms certainly make life easier and conversations shorter… [...]

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Planting the Seed through Community Service

by Marjorie March 3, 2010

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In the summer of 2007, a group of 10, 14 to 15-year olds from the Beans and Rice, Inc. Summer Program, toured one of Truliant’s Member Financial Centers located in New River, V.A. Melissa, who works at the center, recalls the groups initial reaction, “they looked as excited as a brick. We looked at them and they [...]

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Fraud: Reduce Your Risk by Using Online Bill Pay

by Chad March 2, 2010

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Worried about online fraud? Sure, who isn’t, but keeping your information safe on your computer actually isn’t that hard. Just keep your virus scan software up to date, use an anti-spyware program and use a firewall.  And you may want to avoid any shady websites.
But what about offline? I personally don’t think enough people worry [...]

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Don’t Let Emotions Drive Your Investment Decisions

by Truliant March 1, 2010

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Emotions play an important role in some of the most important decisions we make in our life. But when it comes to investing, emotions can do more damage than good. Here are some ways that emotions play a detrimental role in our investment decisions and what we can do about it.
Don’t Follow the Herd
When stock [...]

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Email Tips to help You Avoid Email Scams

by Chad February 26, 2010

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Have you received an email lately that has informed you of a long lost, previously unknown relative who left you millions? How about one letting you know you won the UK lottery or a notification that your account has been suspended from a financial institution? These all are all elements of popular email scams.
Why do [...]

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Truliant CEO Discusses Importance of Talking with Legislators

by Truliant February 26, 2010

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One of the many things Truliant does behind the scenes is talk with legislators to ensure they understand the importance of credit unions and the value provided. Our CEO, Marcus Schaefer was in Washington, DC this week to do just that.
In the video below he talks about the importance of credit unions having these conversations [...]

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Investing in the Community & Empowering People

by Marjorie February 25, 2010

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I was attending a birthday party last week, when a man walked up to me and asked if I remembered him. He said that he had attended a credit class sponsored by Truliant three years ago and that he’d applied the information from the class to his life. I was delighted to learn that he’s cleaned [...]

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