A New Year and a Fresh Start! A New Year means a new chance to set and reach your goals and resolutions, right? Make 2018 a success with a few of our top financial tips. Start a Rainy Day Fund Did you know that the majority of Americans don’t have enough money in their savings…
We’re just a few days away from Black Friday, a day where eager shoppers line up, sometimes even camp out, hours ahead of time in an attempt to save money on their Christmas purchases. Many retailers open shop on Thursday evening and feature many of the hottest electronics, DVDs, video games and more on sale.…
In 2014, 7 out of every 10 college students graduated with student loan debt. What’s worse is they had accrued on average more than $33,000 in debt. As this rises, so do delinquent payments. According to a newly released report by the New York Federal Reserve, more than 11% of student loans are 90 days…
You’ve heard about the danger of identity theft and the importance of protecting your social security number, banking information and other personal information. But you may not be aware of how easy it is for thieves to obtain this information. According to the Federal Trade Commission (FTC), identity theft was the top consumer complaint in…
With the holiday season just around the corner, putting money back is key to avoiding the stress. While budgeting for the holidays is a year around chore, creating a budget and saving today will prepare you for the holiday season. Here are five simple steps you can take to save money for the holidays. 1.…
It’s a New Year, a clean slate. It’s the time of year when we evaluate where we’ve been in life and the direction we want to take for a successful future. It’s the time to make lists and compile resolutions. We resolve to improve our minds and our bodies, but sometimes forget about our financial…
According to the Identity Theft Resource Center, the number of data breaches reported in 2014 reached a record high. In the last few years, we’ve seen data breaches hit major retailers including Target, Home Depot and ebay, causing not only headaches for consumers, but cost on average $3.5 million. The new EMV chip cards, which…
April is Youth Savings Account month and Communication Federal Credit Union is here to help you teach your children financial responsibility. But why is having a savings account at a young age important? A 2011 study from the Center for Social Development at Washington University in Saint Louis suggests that children with a savings account for…
There are many benefits of joining a credit union. From free checking accounts to excellent customer service to lower interest rates on loans, credit unions offer a variety of benefits that help out its members. This perhaps is the main reason credit union membership increased to more than 98 million in 2012. Still there are…
Summer is just around the corner and if you’re like many Americans, you are planning a vacation. Getaways give you a chance to step away from your job and spend some much needed time with your family. However, according to a survey conducted by Alamo Rent a Car, over 45% of Americans taking a vacation…
