Financial Education and Counseling Service - Balance
Hello and welcome to BALANCE. With free, trustworthy assistance and resources for all of life's milestones, we're here to help you achieve a brighter financial future. It is all available for free to our members. They provide free financial guidance and services.
Their services include:
- Our experienced financial counselors can work with you one-on-one to help you with debt management and credit report reviews.
- You will get assisted in looking into debt management solutions as a method to get out of debt. We negotiate a repayment plan with your creditors on your behalf.
- Free webinars are conducted from time to time about money management and housing. From how to apply for a mortgage to the fundamentals of financial planning, you'll learn everything you need to know.
- Student Loan counseling, Homeownership counseling, Rental counseling, Credit report review, etc.
- Making of a savings and spending plan
Investment is Important
Proposed Odùduwà Federal Credit Union is here to help you take control of your financial destiny, whether you need basic financial advice, help with a specific financial objective, or a comprehensive financial plan. Sometimes you just need a helping hand, and we'd be happy to lend it. We provide our members with huge value on the following subjects:
- Retirement plans
- College planning
- Plans to fulfill long term goals
- Maintaining the value of estate against income tax and probate fees etc.
Our financial advisors are experts at making recommendations that are tailored to your risk tolerance and investment analysis. Throughout the year, there are additional free seminars.
Revocable Trust Accounts
What is a revocable trust?
A revocable trust account is a deposit account that is owned by one or more people and has one or more beneficiaries designated to receive the funds upon the owner's death.
Need for a revocable trust account
A revocable trust account makes sure that all your wishes get fulfilled on time. Benefits of having a revocable trust account:
- Distribute your assets among your family members.
- Reduces the costs of probate and estate administration
Consult your attorney to complete the necessary papers, then visit a branch, email us, or call our Member Service Center to set up a revocable trust.
Proposed Odùduwà Federal Credit Union is the stop for all your banking and financial needs. We provide you all types of financial services under one roof.
