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...
Why you should open a holiday savings account
While the hustle and bustle of the holiday shopping season normally begins around Black Friday and Cyber Monday, things are getting started a little early this year. But don’t worry, there’s still time to plan. If you haven’t already, take a look at your budget in the...
What is a share secured loan and how does it work?
A share secured loan is a personal loan that is secured using the balance in your savings as collateral. This type of loan generally has lower interest rates than other personal loans because it is secured. Share secured loans are a good option for those with poor or...
Coping with Debt
Coping with debt? Have trouble paying your bills? Getting dunning notices from creditors? Are your accounts being turned over to debt collectors? Are you worried about losing your home or your car? You’re not alone. Many people face a financial crisis at some point...
Pros And Cons Of Using A Certificate Of Deposit (CD) For Your Savings
When saving money toward different financial goals, it’s important to consider where to keep it. For example, high-yield savings accounts and money market accounts can offer above-average interest rates while keeping funds relatively liquid. Those may be appropriate...
What is a credit union?
What is a credit union? It is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to members. Member-owned and controlled by a board of directors elected by the membership. The board serves on a volunteer basis and may...
