1) What is your loan balance?
The loan balance for your Salt Lake City home loan can be found on your monthly statement. If you do not receive a paper statement, contact your Utah mortgage lender to find out your rate and all the additional details about your mortgage loan.

2) What is your interest rate and loan terms?
In order to compare interest rates for Salt Lake City mortgage loans, it is essential to know what you are currently paying. You also need to know if your loan is an ARM (Adjustable Rate Mortgage) or fixed. A fixed loan retains the same interest rate throughout the life of the loan. The interest rate for an adjustable rate loan fluctuates. Other loan terms can affect your refinance decision, such as prepayment penalties. These must be factored in to determine if a refinance would be cost effective.

3) How much equity do you have?
Cottonwood Heights and Midvale home values are not what they once were. The amount of equity you have affects the interest rate you can obtain. Generally, greater equity means a lower interest rate.

The mortgage specialists at Murray Beehive Credit Union can help you determine if a refi would save you money. We can be reached at 804-484-8811 and http://www.beehivecredit.com. Beehive wants the chance to offer you a lower interest rate on your Holladay mortgage loan. You can apply at http://www.beehivecredit.com/contact_locations.shtml.

In addition to lowering your monthly payment, refinancing your Salt Lake City home mortgage loan at a lower interest rate can save you thousands of dollars over the life of your loan. Replacing an ARM with a fixed rate loan can provide peace of mind now and in the future. Let Murray Beehive Credit Union simplify the refi process. Contact us today!

If you are new to TurboTax, you won’t believe how user-friendly it is. TurboTax guides you through your return like a personal GPS. There is even special help for first-time Murray Beehive Credit Union member TurboTax users.

You will save time entering information because it imports data directly from your BeeOnline account. TurboTax shows your refund (or tax owed) on every screen and recalculates as you enter or correct information. TurboTax also helps Murray Beehive Credit Union taxpayers find every single deduction – from job expenses to Utah charitable contributions. And TurboTax guarantees you the maximum possible refund for details).

Millions of Americans trust TurboTax for their tax preparation. Cottonwood Heights TurboTax users know why it is the best-selling tax software in the country.

If you usually hire a Salt Lake City tax service such as H&R Block or Liberty Tax Service to prepare your taxes, you may want to try Beehive’s TurboTax first before you shell out a hefty tax preparation fee. (Just another way Beehive helps you save money!)

With Murray Beehive Credit Union and TurboTax, filing your taxes has never been easier!

If you have not yet devised a retirement strategy, now is the time. If your Murray employer offers a retirement plan, hopefully you are taking advantage of it. Many Salt Lake City employers make matching contributions – tax-free money that will earn interest until you retire!

Self-employed Murray residents have to go it alone when planning and saving for their golden years. Murray Beehive Credit Union can help. We offer a variety of retirement savings accounts for Cottonwood Heights and Midvale investors.

A Beehive Individual Retirement Account (IRA) is the cornerstone of many Murray credit union members’ retirement savings plan. We offer a variety of IRAs to meet your needs, including the Traditional IRA, ROTH IRA and a Coverdell Education Savings Account.

Certificate IRAs are also available.

Tiered interest rates offer even higher savings for Midvale and <~NearCityThree banking checking account holders. Whichever IRA you choose, it will undoubtedly help you save for your future with great tax advantages, too. Each individual IRA is insured up to $250,000 by the NCUA.

If you have questions about how to save for retirement, Murray Beehive Credit Union manager Renae Larson would be happy to help you calculate retirement financial needs and choose the best type of account.

Call 804-484-8811 or visit http://www.beehivecredit.com.

Our FreeBee checking is aptly named. With FreeBee you get Free Bill Pay, Free Bee-Online access, a Free Visa Debit Card and Free Phone-24 access. You also get free money orders and free checks. Many other Utah credit unions and banks charge over fifteen dollars for a box of basic paper checks! Of course, if you use Online Bill Pay, you won’t need many checks – you can pay your bills quick and easy online!

Murray Beehive Credit Union’s Free Bee account is sometimes called a savings checkings account because it pays interest on balances over $500. The FreeBee Plus checking account pays a higher interest rate on higher balances.

If you are opening your first Midvale checking account and have not yet used a debit card, you are going to love the convenience. It is even easier than using cash or a checkbook. Swipe your Visa Debit Card at Cottonwood Heights supermarkets, gas stations, theaters, restaurants (most every store or place of business) and the funds will be taken directly from your Beehive FreeBee checking account. With your PIN, which you can select at your Murray Beehive branch, you have free access to your money at any CO-OP Network ATM. Our Visa Debit Cards are accepted at places of business around the world.

A Beehive Credit Union checking account is the best choice for smart Utahns!

Every Midvale and Holladay home is unique, and so are the lending needs to go with each home and home owner. Beehive has multiple mortgage products to fit your individual needs.

If you have never obtained a mortgage loan before, you may be nervous about the stories of ’surprise’ interest rate jumps and hidden fees not disclosed up front. At Murray Beehive Credit Union, you don’t have to worry about tricks used by predatory lenders to take advantage of unsuspecting Murray borrowers.

Murray Beehive Credit Union has been part of your community for over sixty years. We have financed home loans for many of your Cottonwood Heights friends and neighbors and look forward to serving Holladay families for many more years to come. Our neighborly home loan specialists walk first-time Salt Lake City homes buyers through the mortgage application process and help them understand all the details of the loan terms.

Buying a home involves a fair amount of paperwork. Murray Beehive Credit Union simplifies a major part of the transaction, the mortgage application process.

Contact one of our loan officers at 804-484-8811 for more information about Salt Lake City mortgage financing.

If you have never used Murray Beehive Credit Union Murray Online Bill Pay, you are spending way too much time writing checks, buying stamps and stuffing envelopes. Most of us pay the same bills every month: insurance premiums, mortgage payments, Salt Lake City gas and electric bills, credit card payments, Midvale cable TV, and Utah internet service providers, just to name a few.

Murray Beehive Credit Union Online Bill Pay is easy to set up and even easier to use. The Bill Pay guide at http://www.beehivecredit.com shows you how. Of course, you can always call 804-484-8811 for help getting started or stop by the Van Winkle branch at 5580 Van Winkle Expy in Murray to talk to an account specialist.

Murray Direct Deposit is another Beehive service that makes your life easier. With Murray Beehive Credit Union Direct Deposit, you will never have to stand in line on payday again! You can have all or part of your paycheck deposited directly to the personal or business account of your choice. (This works for any type of check, including Social Security checks.)

The Murray Beehive Credit Union website contains all the sign-up forms you need for these and other services. Don’t forget; you can apply for loans, change your address, order checks and apply for new accounts online.

It’s not that we don’t like to see you come into the Van Winkle office, we simply acknowledge that it is not always convenient in the course of your busy day, and so we have made it easy for you to bank online with Beehive.

Murray Beehive Credit Union
5580 Van Winkle Expy
Murray, Utah 84117
804-484-8811

http://www.beehivecredit.com

If you are a Murray Beehive Credit Union member but have business accounts at another Utah bank, you might want to consider transferring your business accounts to Murray Beehive Credit Union.

Murray Beehive Credit Union is the perfect partner for Salt Lake City business owners. Beehive offers Free Business Checking, an account similar to our personal checking account. We charge no setup costs, monthly maintenance fees, or per check charges. If you travel frequently on business, you will appreciate the free use of CO-OP Network ATMs and a Free Visa Credit Card to use as an overdraft source (see http://www.beehivecredit.com/contact_locations.shtml for details.)

While some Cottonwood Heights banks and Midvale credit unions have started charging fees for Direct Deposit and account phone access, these are both free with a Beehive Business checking account. Our free business checking is only one of the services that makes managing business finances easier. We will talk about additional business services in future articles.

Murray Beehive Credit Union is located at 5580 Van Winkle Expy in Murray. Our phone number is 804-484-8811. If you have questions about business banking, you may call manager Renae Larson or a neighborly member of our team.

One Utah business owner endorsed Beehive business banking by saying: “I have had my personal as well as business accounts with Beehive for close to 15 years. Enough said.”

Murray Beehive Credit Union offers a variety of business loans including SBA loans, business real estate financing and express lines of credit.

Many people in other parts of the country have had a difficult time finding financing in the past few years as the credit market has tightened. Business owners in Salt Lake City are fortunate to have a local institution with plenty of money to lend. Beehive banking always offers competitive rates on all our different loan products.

We know that Murray entrepreneurs are busy managing their companies. The loan application process at Beehive is hassle-free. Our business loan specialists do most of the work for you. Check http://beehivecredit.com/business.shtml for current interest rates.

Cottonwood Heights business owners can also benefit from Beehive Cash Management. Cash Management is an electronic banking system designed for business banking. It’s secure with password protection and has a variety of business banking features to help you manage your business finances with ease. You can learn more about this powerful tool at our online business loans website.

At Murray Beehive Credit Union, we provide credit union services designed to protect your information. E-Statements are a secure record of your account activity and cannot be stolen from your mailbox. When contacting us online, be sure to use our online secure form which can be accessed from http://www.beehivecredit.com.

Though online fraud is a continual threat for Murray credit union bankers, identity theft is more often committed offline.

A recent Javelin Identity Fraud Survey Report contains some surprising facts about identity theft:

The most frequently reported source of information used to commit fraud is a lost/stolen wallet or checkbook.

Among cases where the perpetrator’s identity is known, half of all identity fraud is committed by a friend, family member, relative, neighbor or in-home employee.

The majority of identity fraud crimes are self-detected.

It is important to review your Salt Lake City bank or credit union account activity on a regular basis. Obtaining and reading your credit report can also alert you to problems. Ironically, there are a multitude of credit report scams, so be sure to see http://www.beehivecredit.com for instructions on safely ordering a free credit report from an agency approved by the Federal Trade Commission.

If you haven’t read the Murray Beehive Credit Union fraud alerts on our website, we urge you to do it soon. We hope our members use the valuable information to help protect themselves from identity theft and banking scams.

Use our Murray loan calculator to help you determine the loan financing amount and payment options that are best for you. This can be used as a calculator for mortgages or any type of loan.

The values are currently set for a 30-year mortgage (360 months) at 6.0% interest with a borrowed amount of $100,000, but you can change the values to reflect the loan you are looking for. To help you calculate a total payment, you can add monthly taxes and insurance (this also works for car loans if you want to know the total cost per month of the car).