Tag: Banking

6 Things You Need To Know About Interest Rates

Interest rates are an important factor to consider when buying expensive items with a line of credit, applying for a loan, or just using any credit card. In general, those with higher credit scores tend to qualify for a better interest rate than those with lower credit scores. The following are six things consumers should […]

Continue Reading

Tomorrow is International Credit Union (ICU) Day

The credit union idea arose centuries ago as people worked under a common effort without thought of profit – they put out fires, harvested crops, and avoided high-priced loans by lending to one another. In the 1850’s, hard times hit Germany, and people turned to each other for help. They removed small savings from under […]

Continue Reading

What to look for when selecting a Credit Union?

Credit unions are a great way to save money and to increase the savings rate that you might be receiving on your interest-bearing account. Unlike their commercial counterparts, credit unions typically offer free accounts with no minimum balance requirements. The benefits of a credit union go far beyond just maintaining an interest-bearing checking account. Customers […]

Continue Reading