- One of the common questions people have regarding mortgages is whether a 15-year or 30-year mortgage is better? Like many financial decisions, the right answer depends on your personal financial circumstances, objectives, and concerns. What stage of life are you in right now? All of these are factors in deciding on a 15- or 30-year mortgage. A 15-year mortgage can save you a lot of money. Using a…, Can you afford the higher payment of a 15-year mortgage?, It's a pretty simple question. Can you make the monthly payment with a 15-year mortgage? Will you have enough money left over to pay for all of your living expenses, contribute to your retirement, and save a little for rainy days? If not, you may want to opt for a 30-year mortgage. , Do you have money saved up for a rainy day?, Are you able to financially handle emergencies and tough times? What if unforeseen circumstances, like job loss, affected your life? Would you have enough savings left to help you with the higher payment of a 15-year mortgage?, Do you have money saved for a down payment?, Having a good sized down payment for a home can help you achieve a lower payment. This might allow you to opt for a 15-year mortgage, own your home sooner, and save lots of money over time. However, your current financial situation may be more suitable for a 30-year mortgage even with a down payment. The lower payment may allow you to focus on other financial priorities., Is a lower payment your goal?, Perhaps you desire a lower payment for specific reasons. Maybe you'd like the extra money each month to pay down debt or contribute to investments. Maybe you are saving for a particular purpose. It all depends on your specific needs and wants., Useful Mortgage Resources:, Mortgage rates – Browse mortgage rates for various mortgage products. Loan and Savings Calculators – Crunch the numbers. How much home can you afford? What should your down payment be? Use our calculators to explore your options. Mortgage Products - Browse mortgage products. Mortgage Application - Are you ready for the next step? Apply for a mortgage.
- Endicott, NY – Three directors were elected to the board of Visions Federal Credit Union at its 56th Annual Meeting. Officers were elected and appointments were made at a special reorganization meeting held following the Annual Meeting. Kenneth H. Kidder III was elected, and Christopher H. Marion and Kelly A. Roche were reelected to three-year terms on the board which includes George S. Bobinski…
- Endwell, NY – Three Directors were elected to the board of Visions Federal Credit Union at its 57th annual meeting held at its headquarters located in Endwell, NY. Officers were elected and appointments were made at a special reorganization meeting held following the annual meeting. Jill Bennedum was elected and James Lewis and Laurie Schorno were reelected to three-year terms on the board which…
- Introduction, As, Visions Federal Credit Union, completes its system conversion, you will need to modify your Quicken settings to ensure the smooth transition of your data. Please reference the dates next to each task as this information is time sensitive. To complete these instructions, you will need your User ID and Password for each Financial Institution. Note:, Express Web Connect, uses the same User ID and Password as your financial institution’s website. You should perform the following instructions exactly as described and in the order presented. If you do not, your online banking connectivity may stop functioning properly. This conversion should take 15–30 minutes. Thank you for making these important changes!, Documentation and Procedures, Step 1: Conversion Preparation Backup your data file. For instructions to back up your data file, choose, Help, menu >, Quicken Help, . Search for, Backup Data File, and follow the instructions. Download the latest Quicken Update. For instructions to download an update, choose, Help, menu >, Quicken Help, . Search for, Update Software, and follow the instructions. Step 2: Connect to Visions Federal Credit Union for a final download before 11/4/2018 Choose, Tools, menu >, One Step Update, . Depending on how you manage financial institution passwords, you may be prompted to enter your Vault password at this time or to enter individual passwords in the One Step Update dialog. In the, One Step Update Settings, dialog, make sure all items are checked and click, Update Now, . If new transactions were received from your connection, accept all new transactions into the appropriate registers. Note: If you need assistance matching transactions, choose, Help menu > Quicken Help, . Search for, Matching Transactions, and follow the instructions. Step 3: Disconnect Accounts at Visions Federal Credit Union on or after 11/6/2018 Choose, Tools, menu >, Account List, . Click the, Edit, button of the account you want to deactivate. In the, Account Details, dialog, click on the, Online Services, tab. Click, Deactivate., Follow the prompts to confirm the deactivation. Click on the, General, tab. Remove the financial institution name and account number. Click, OK, to close the window. Repeat steps for each account to be disconnected. Step 4: Reconnect Accounts to Visions Federal Credit Union on or after 11/13/18 Choose, Tools, menu >, Account List, . Click the, Edit, button of the account you want to activate. In the, Account Details, dialog, click the, Online Services, tab. Click, Set up Now, . Use, Advanced Setup, to activate your account. Enter, Visions Federal Credit Union, in the search field, select the name in the list and click, Next, . If presented with the Select Connection Method screen, select, Express Web Connect, . Enter your, User ID, and, Password, . Click, Connect, . Note: You may be presented with a security question from your Financial Institutions prior to receiving your accounts. Ensure you associate the account to the appropriate account already listed in Quicken. You will want to select, Link to an existing account, and select the matching accounts in the drop-down menu. Note: Do, NOT, select, Add to Quicken unless you intend to add a new account to Quicken, . If you are presented with accounts you do not want to track in this data file, select, Ignore – Don’t Download into Quicken, . After all accounts have been matched, click, Next, . You will receive confirmation that your accounts have been added. Click, Done, or, Finish, .
- Introduction, As, Visions Federal Credit Union, completes its system conversion, you will need to modify your Quicken settings to ensure the smooth transition of your data. Please reference the dates next to each task as this information is time sensitive To complete these instructions, you will need your User ID and Password for each Financial Institution. You should perform the following instructions exactly as described and in the order…, Documentation and Procedures, Step 1: Conversion Preparation Backup your data file. For instructions to back up your data file, choose, Help, menu >, Search, . Search for, Backing Up, , select, Backing up data files, , and follow the instructions. Download the latest Quicken Update. For instructions to download an update, choose, Help, menu >, Search, . Search for, Updates, , select “Check for Updates,” and follow the instructions. Step 2: Connect to Visions Federal Credit Union for a final download before 11/4/2018 Select your account under the, Accounts, list on the left side. Choose, Accounts, menu >, Update Selected Online Account, . Sign in to online banking and download transactions for an account. Import the transactions. Repeat steps for each account (such as checking, savings, credit cards, and brokerage) that you use for online banking or investing. Step 3: Connect Accounts at Visions Federal Credit Union on or after 11/6/2018 Select your account under the, Accounts, list on the left side. Choose, Accounts, menu >, Settings, . Select Set up transaction download. Enter, Visions Federal Credit Union, in the, Search, field, select the name in the, Results, list and click, Continue, . Log in to https://digital.visionsfcu.org/visionsfcu/uux.aspx#/login ., Download, a file of your transactions to your computer. Note: Take note of the date you last had a successful connection. If you have overlapping dates in the web-connect process, you may end up with duplicate transactions. Drag and drop the downloaded file into the box, Drop download file, . Note: Select “Web Connect” for the “Connection Type” if prompted. In the “, Accounts Found, ” screen, ensure you associate each new account to the appropriate account already listed in Quicken. Under the, Action, column, select “, Link”, to pick your existing account. Note: Do, NOT, select “, ADD, ” under the action column unless you intend to add a new account to Quicken. Click, Finish, . Repeat steps for each account to be connected.
