Category: Personal finance
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Making the Case for PSAs: Pet Savings Accounts
Published By CUEvangelist – June 23, 2024 Pet Savings Accounts (PSAs) have not gained traction among credit unions to date. Yet, the cost of pet healthcare has skyrocketed over the years. Pet care can be overwhelming especially in emergencies, highlighting the need for financial services and planning. Aside from the…
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Credit Union Wealthy: The Power of Partnerships in Wealth Management
By CUEvangelist (Originally published in CUInsight – May 10,2024) Managing wealth wisely is key to long-term personal financial success and stability. Although credit unions are known for their member-focused services and community-oriented approach, little is known about their collaborations with wealth management companies to provide comprehensive financial services to their…
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Small Credit Union Profile: Shiloh Englewood FCU
“Financial Literacy and Tech Center” Shiloh Englewood Federal Credit Union Location: Chicago, IL Asset size: $282,000 Field of membership: Church-based Board President: Winifred French RE: Financial Education Chartered in 1963, Shiloh Englewood Federal Credit Union serves a community with a high need for financial education and is dedicated to empowering its…
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Eglin Federal Credit Union partners with Okaloosa School District to bring financial literacy to high schools
Published by Jared Williams, Get The Coast Newsletter – April 10, 2024 Eglin Federal Credit Union has teamed up with the Okaloosa County School District to provide financial literacy education to high school students. The initiative aims to empower young people with essential financial skills and knowledge. On April 9, approximately…
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Credit Union Youth Month 2024: Empowering the Next Generation!
Published by CUEvangelist – April 1, 2024 Credit unions need to be all in on their commitment to empower the next generation of young people by ensuring they receive the knowledge, tools, and good habits they need for financial success. Understanding the basics of money management at a young age…
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“TestiMONIES”: Let Your Credit Union Members Testify!
Published by CUEvangelist – March 11, 2024 Judge: Do you solemnly swear or affirm to tell the truth, the whole truth, and nothing but the truth? Witness: Yes, I do. Credit unions – members are the best witnesses to testify about money matters. “TestiMONIES” are an excellent tool to get…
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7% interest savings accounts?
By Lisa Bernardi, Adam McFadden, Ashley Barnett – CNN Underscored Money – March 8, 2024 Everything you need to know It may be hard to believe, but some banks are currently advertising rates that come close to or even exceed the 7% benchmark. However, these sky-high rates don’t come without…
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Merrimack Valley Credit Union holds annual Credit for Life Fair
Published by Merrimack Valley Credit Union – February 2024 The event prepares graduating seniors for adulthood by simulating important financial decisions. Methuen, Mass. – On Friday, Feb. 16, Merrimack Valley Credit Union (MVCU) and Methuen High School (MHS) teamed up for the fifth year to present the Credit for Life Fair…
