Centra Blog

Increasing your Financial IQ

Your financial checklist for the new year

Your financial checklist

As we enter into the new year, you’re probably thinking of some new year’s resolutions you want to accomplish. Or maybe you’re creating a bucket list of new things to try in 2024! Might we suggest a few things to add to your list?

Set your financial goals

Improving financial wellness is a goal of many, but knowing where to start can be overwhelming. Centra’s digital banking makes it easy to set and track financial goals. Whether it’s building an emergency savings or spending less, you can set your savings goals and track your spending in a few simple steps!

  1. Expand the ‘Financial Wellness’ menu. Note: If you’re using Centra Mobile, click ‘More’ to open the menu.
  2. To set a savings goal, tap ‘Savings Goals.’
  3. To track your spending, tap ‘Spending.’

Update your contact info

Keeping your contact information up-to-date ensures you never miss any important account notices or updates. You should regularly review your personal information such as your phone number, email, and home address to check that everything is accurate.

Get a Loan Check-Up

Start your year off right with a Loan Check-Up from Centra! This might be something you don’t really think about doing, but it can really help you out, especially if you’re dealing with high interest rates or struggling to make payments.

At any time during the year, you can request a free credit review where we’ll take a look at your loans to see how we could help you. This free program lets you know that you’re getting the best deal, whether your loans are with Centra or not!

Designate a beneficiary

What’s a beneficiary, and why do I need one?

Simply put, a beneficiary is the person who receives money, property, or benefits from someone who has died. Identifying beneficiaries for all your financial accounts is an important step in making sure your loved ones are taken care of, should the unthinkable happen. Having beneficiaries identified can also simplify the process of account settlement for your grieving loved ones when you’re no longer here.

Give us a call at 800-232-3642 or visit your nearest Centra location to update your account beneficiaries.