What S. 2155 Means for Your Credit Union posted by Nora Revie on Tue, 05/29/2018 - 12:35pm It's official! President Donald Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law on May 22. This is a HUGE win for credit unions on the regulatory relief front! Check out the timeline of the efforts behind the Common-Sense Regulation campaign and S. 2155 You might be asking yourself how S. 2155 will help you and your credit union. Our…
Data breaches, the rise of the perfect identity and what it all means for credit unions
With the rise of card-not-present (CNP) and mobile commerce and as more and more consumers turn to their smartphones and other online applications to conduct financial matters, credit unions have, in turn, realized many benefits to acquiring more new customers. However, with every opportunity there are potential obstacles. Recently, data breaches have been widespread making …
Coopera Blog — What Financial Optimism Among Hispanics Means for Credit Unions
Hispanics are more optimistic about their financial futures than other consumers segments. As multicultural marketing expert Isaac Mizrahi shares in Forbes , in the next 12 months… • 9 percent of Hispanics are planning to buy a house, compared to 6 percent of non-Hispanics. This means Hispanics, who represent about 18 percent of the U.S. population, may represent 22 percent of all new home buyers in the next year • 14 percent of Hispanics are planning to buy a new car, compared to…
What the Credit Cycle means to you
SAC Federal Credit Union is the largest locally-owned financial institution in Sarpy County. We provide services and financial education to our members in the Omaha metro.
Credit freezes will soon be free: What it means and why it matters for you
Beginning Sept. 21, users will be able to freeze and unfreeze their credit at their leisure. This will allow people to keep their credit frozen and only request a “thaw” when they plan to apply for a new loan, mortgage or credit card.
Why You Should Bank With a Credit Union
This video is part of our 2015 #MoneyMinute contest. Click the "thumbs up" below to vote for this video as one of your favorites and check out all the video entries here. Remember, voting occurs daily! Name: Camino Federal Credit Union Blog: CaminoFCU.org Entry Category: Credit and Financing youtu.be/bJgbuUWMQUY #MoneyMinute Voting is closed Speaker 1: Credit Unions and banks offer many of the same products, however…
10 Reasons Millennials Choose Credit Unions
by Jeremiah Tucker / February 5th, 2016 I can't remember the first time I joined a bank Banks have come and gone numerous times in my life, each one about as memorable as switching wallets, but I remember joining my credit union. I've found most people do. Often because joining a credit union was a game changerthe exact point their financial lives took a big turn for the better. This is particularly true of millennials. Millennialsgenerally defined as anyone born between 1980 and…
How to Fund an Emergency — City Credit Union
!assets.trabiancdn.com/api/file/VTxVykJpTVC9ifp51Ggs+June-Emergency-SM-Post.jpg(June-emergency-sm-post) *Q: I’ve had a financial emergency and I don’t know how to pay for it! What are my options A: Ideally, you’ll want to have an emergency fund in place. If you don’t, consider these options…* *1) Credit cards* Credit cards are super-convenient. You don’t have to wait for approval, take on another source of debt, or even think about paying it back until later.…
What the New Credit Score Formula Means for Your Wallet
FICO—the company that supplies information to each of the three major credit bureaus—has announced changes to their formula that could affect the credit scores of millions of Americans.
How To Speak Credit Union
The credit union industry is full of acronyms. Use this guide to learn the lingo.
What Financial Health Means To Me
Credit unions are providing programs, products, and services to help households in need.
What is a Credit Union
What is a Credit Union! Get your locations, hours, online banking, phone number, rates and routing number. Search for other Credit Unions at
Why ‘Refund’ is a Four-Letter Word — City Credit Union
Nobody likes filing taxes, but everyone likes a refund. It’s free money, right? Whoa...before you celebrate with a new big-screen TV, think about how your refund gets there. It might not really be the free money you think *How the refund process works* When you start a new job, you completed a W-4 to select your federal tax withholding level. Every paycheck, your employer withholds a percentage of your gross pay and sends to the IRS. If you’re withholding the right amount, the…
Why are Credit Unions better?
A short, fun animation promoting Credit Unions as a better place to keep your money. Re-invest in our local communities through the transfer of funds from ba...
Forbes names Educators Credit Union a top Wisconsin credit union
Educators Credit Union has been named a top credit union in the state of Wisconsin by Forbes! Forbes released its list of America’s Best Credit Unions in Each State on Tuesday, June 25. Educators Credit Union came in at number two in Wisconsin and is the best credit union in southeastern Wisconsin. Each year, Forbes releases these rankings based on … Read more »
What Is Debt-To-Income Ratio?
Your debt-to-income ratio is the sum of all your monthly debt payments divided by your gross monthly income. This number gives lenders a way to measure your ability to repay your loan, based on your income Basically, imagine that your monthly mortgage is $1,000 per month. If you also have a car payment of $300, a student loan payment of $350, and a credit card payment of $150, your total monthly payments are ($1,000 + $300 + $350 + $150) = $1,800. If…
Key Tax-Preparation Tips to Cut Stress
Although it comes around every spring, tax season tends to inflict the same headaches year after year. To reduce your stress — and maximize your refund — it’ll help to stay organized and be aware of recent changes to the tax code For additional motivation to get on track, keep in mind that the average refund has been about $3,000 in recent years. Even if you don’t expect to get that much back, there are plenty of ways to put a refund to…
The credit union guide to making impactful donations this holiday season
The holidays are upon us and you know what that means – charitable organizations will start asking you and your credit union for money. It’s no coincidence. According to a 2012 GuideStar Survey, over 50% of the organizations surveyed said they received the majority of their contributions between October and December. Credit unions give millions to charitable organizations …
What is a Credit Union?
Part 1 of 3 What the heck is a Credit Union? Come meet our cast of fat cats, meerkats and battlecats to find out. Visit us at www.BeRemarkable.com brought to...
How Are Credit Unions Lining Members' Pockets?
Consumers that conduct their financial business with credit unions rather than banks enjoy an annual benefit of $69 per member, or $131 per household, CUNA estimates.