What are the different types of saving accounts?
If you’re looking to get started on your journey of personal finance, a Savings Account is the first and most fundamental financial product needed. A Savings Account can be opened with Commercial Banks, Co-operative Banks, Credit Unions, and Post Offices. For most...
What are the advantages of online banking?
Mobile banking has taken our world by storm. Though many are weary of its benefits, online banking provides many advantages that can’t be ignored! It is a safe and convenient way to track, transfer, and deposit money individually with less clutter. When choosing a...
Questions to ask in order to better understand your mortgage
When deciding to take out a loan for a home it is important to feel completely secure in your provider. Feel comfortable asking lots of questions to better understand the process, program, and provider! Here are five questions to ask to better understand your...
The Top 5 Challenges Facing Credit Unions
Credit unions have been around for over 100 years, and they continue to be an important part of the financial landscape. However, they are currently facing a number of challenges that need to be addressed. In this blog post, we will discuss the top 5 challenges facing...
Everything you need to know about floating interest
It is difficult to decide what is the best form of interest when seeking a loan or mortgage. The options can oftentimes be overwhelming and strenuous to navigate. Fixed, APR, compound, simple, and floating interest are just a few options to choose from. Floating...
What to ask yourself when selecting a Checking Account
Choosing a checking account can be stressful! When deciding, it is important to explore the variety of amenities that different banks or credit unions offer. In order to weigh the pros and cons of different checking accounts it is essential to know what to look for in...
What are the roles needed for your debt management success?
What are the roles needed for your debt management success? Debt can be scary and overwhelming, so reaching out to an agency is a great way to minimize your worry. Debt management services work to educate, analyze, and assist the consumer to create a personalized...
What You Need To Know About Credit Unions
What You Need To Know About Credit Unions If you're not a credit union member, why not? There are numerous reasons that credit unions are well-loved that may sway your opinion. After reading this article, you'll discover some of the top reasons for such an untapped...
What Is a Credit Union – more detail.
What Is a Credit Union – more detail. Credit unions are financial institutions that provide services and products to customers like traditional banks. For example, they offer consumer loans, savings accounts, checking accounts, and certificates of deposit (CDs)....
Bank or Credit Union? What is the difference?
From the outside, banks and credit unions seem very similar. They both offer checking and savings accounts, financial products like CDs and specialized accounts, and the rest of the services we've come to expect. You drive through teller windows or stop in at a...