1) What is your loan balance?
The loan balance for your Orem 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 Orem 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?
Spanish Fork and American Fork 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 Provo Beehive Credit Union can help you determine if a refi would save you money. We can be reached at 801-484-8811 and http://www.beehivecredit.com. Beehive wants the chance to offer you a lower interest rate on your Springville mortgage loan. You can apply at http://www.beehivecredit.com/contact_locations.shtml.

In addition to lowering your monthly payment, refinancing your Orem 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 Provo 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 Provo 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 Provo 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. Spanish Fork TurboTax users know why it is the best-selling tax software in the country.

If you usually hire a Orem 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 Provo 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 Provo employer offers a retirement plan, hopefully you are taking advantage of it. Many Orem employers make matching contributions – tax-free money that will earn interest until you retire!

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

A Beehive Individual Retirement Account (IRA) is the cornerstone of many Provo 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 American Fork 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, Provo Beehive Credit Union manager Seth Holdaway would be happy to help you calculate retirement financial needs and choose the best type of account.

Call 801-484-8811 or visit http://www.beehivecredit.com.

New Car Sales Tax Deduction
Even if you missed Cash for Clunkers, there are good reasons to buy a new car now. You can deduct state, local and excise taxes for new cars, light trucks, motorcycles and motorhomes purchased before December 31, 2009. Provo Beehive Credit Union can get you a great rate on an auto loan now, so don’t delay. 2010 is just around the corner!

Green Tax Credits
If you have made green improvements to your home in 2009, you can claim a tax credit. If you haven’t, don’t worry; it’s not too late. This credit will continue for the 2010 tax year. If you need financing to pay for energy upgrades, Provo Beehive Credit Union can help with a home equity loan or signature loan. Call 801-484-8811 to talk to a trustworthy loan specialist about which type of loan would work best for you.

I’m Seth Holdaway, Provo Beehive Credit Union manager.

My knowledgeable team here at the Provo branch enjoy serving our Provo customers with their banking needs. Call 801-484-8811 or visit us at 109 W. 920 S. in Provo Utah to learn more about how Beehive Credit Union can help you. You can also log onto our Provo banking website for information about all our products and services.

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

Provo Beehive Credit Union is the perfect partner for Orem 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 Spanish Fork banks and American Fork 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.

Provo Beehive Credit Union is located at 109 W. 920 S. in Provo. Our phone number is 801-484-8811. If you have questions about business banking, you may call manager Seth Holdaway or a trustworthy 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.”

Provo 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 Orem 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 Provo 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.

Spanish Fork 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.

If you have never used Provo Beehive Credit Union Provo 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, Orem gas and electric bills, credit card payments, American Fork cable TV, and Utah internet service providers, just to name a few.

Provo 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 801-484-8811 for help getting started or stop by the Provo branch at 109 W. 920 S. in Provo to talk to an account specialist.

Provo Direct Deposit is another Beehive service that makes your life easier. With Provo 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 Provo 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 Provo 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.

Provo Beehive Credit Union
109 W. 920 S.
Provo, Utah 84601
801-484-8811

http://www.beehivecredit.com

Every American Fork and Springville 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 Provo Beehive Credit Union, you don’t have to worry about tricks used by predatory lenders to take advantage of unsuspecting Provo borrowers.

Provo Beehive Credit Union has been part of your community for over sixty years. We have financed home loans for many of your Spanish Fork friends and neighbors and look forward to serving Springville families for many more years to come. Our trustworthy home loan specialists walk first-time Orem 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. Provo Beehive Credit Union simplifies a major part of the transaction, the mortgage application process.

Contact one of our loan officers at 801-484-8811 for more information about Orem mortgage financing.

Basic savings interest accounts at Beehive have a low minimum balance requirement of $25. Interest is paid quarterly on balances over $100.

With a Provo Beehive Credit Union money market account you can earn high interest and still have access to your money. Beehive offers three different types of high money market accounts for Utah credit union members.

Provo Beehive Credit Union’s traditional high money market account pays interest on balances over $5000. The interest rates increase as your balance grows. Orem credit union account holders can make six withdrawals per month without incurring any fees. See http://www.beehivecredit.com for money market account rates.

If you already do your banking online, an online money market account is probably the best type of money market account for you. The Provo Beehive Credit Union online high interest account is similar to the traditional money market account, however, it must be applied for and opened on Beehive’s Deposits website. (Most online bankers wouldn’t want to do it any other way.)

Provo Beehive Credit Union’s high yield money market savings account is for Utah credit union members who have a balance of $30,000 or more. These accounts pay monthly rates interest using a day-in-to-day-out computation method.

Provo Beehive Credit Union also offers interest earning checking accounts. Beehive’s Free Bee Checking pays interest monthly on average daily balances over $500.

If you need more information about these accounts, call 801-484-8811 to talk to a trustworthy account specialist.

There is no reason not to earn interest on your money at Provo Beehive Credit Union.

At Provo 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 Provo 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 Orem 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 Provo 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.