With all the uncertainty surrounding COVID-19 and the world’s financial markets, the Federal Reserve cut interest rates in the U.S. to nearly zero percent, making now an incredible opportunity for people considering refinancing loans of almost every kind.
Car shopping can be exciting. As you begin to focus on various car-shopping websites for the best deal, you might find yourself exposed to a wider variety of options. While everyone would like all the bells and whistles that a new or new-to-you car can provide, do you really need them? More importantly, what are the final costs for these bright and shiny new objects? Can you afford it?
COVID-19 is a term everyone is familiar with by now. It has left fear and panic in its wake, and millions unemployed in the U.S. alone. That doesn’t even include those who still have jobs but have taken significant cuts in pay or major reductions in business.
As the reality of COVID-19 sets in across the country, the unfortunate truth is some will seek to profit from people’s fear and the opportunities that present themselves along the way. While many people are out of work or sustaining significant financial challenges, some are working overtime to create elaborate scams to take advantage of those who are suffering already.
Our credit union plays a vital role in helping our community grow. Different than banks, which are formed on the idea of turning profits, our credit union is built on the “people helping people” philosophy. The better you understand how our credit union helps our community, the greater the odds are that you and your family will gain more from your membership. These are just a few ways our credit union helps our communities and our members.