With so many financial insitutions to choose from, have you ever wondered: which financial insitution is the best for me? It's a valid question to ask and we believe the answer is simple: a credit union. With a credit union there are no account maintenance fees, lower rates and, best of all, we're community based and member focused. Need more convincing? Check out these facts that detail the differences between banks and credit unions.
If your New Year’s resolution is to get yourself on sound financial footing in 2015, don’t wait for the stroke of midnight to start. Make it easier on yourself by getting your finances in order before Dec. 31. Here are five steps to take:
If you haven’t saved enough to feel financially prepared for the holidays this year, a personal loan may cost less than swiping credit cards. And if you’re like the average American, the season will put an $800 dent in your wallet this year, unless you’ve socked away cash for the occasion.
As the autumn leaves fall from the trees, we’re reminded that the holiday season is just around the corner. Now is the time to begin preparations to start saving for the holidays and Community Choice Credit Union is offering tips to ensure this season is nothing but merry and bright.
“The holiday season is such a joyous time of year, but it can lead to many people starting the following year in a bad place, with accumulated debt from holiday spending,” said Catherine Wall, of Green Path, Inc., Community Choice Credit Union’s trusted Partner Relations Specialist. “By thinking ahead and coming up with a spending plan, a person can drastically reduce holiday stress and improve their family’s experience.”
What does a good retirement look like to you? Does it resemble the retirement that your spouse or partner has in mind? Is it at least roughly similar?
The Social Security Commission currently projects an average retirement of 19 years for a man and 21 years for a woman (assuming retirement at age 65). So sharing the same vision of retirement (or at least respecting the difference in each other’s visions) seems crucial to retirement happiness (1).
What kind of retirement does your spouse or partner imagine?
As the school year winds down and graduation nears, Community Choice Credit Union and State Representative Vicki Barnett (D – Farmington Hills) sought to help high school students prepare financially for college and beyond. They visited Mercy High School, an all-girls Catholic college prep school in Farmington Hills, on Friday, May 2, to educate students on topics including identity theft, entrepreneurship, budgeting and relationships with financial institutions.