Recent research from the Filene Research Institute, a thought leader in the Credit Union Movement, has revealed that “more than half of Americans revolve on their credit balances, deflating their credit scores and depleting their savings, especially when they prolong their indebtedness by making smaller monthly payments than they could.”
Debt Consolidation With a Personal Loan
Laddering 101: Maximize Returns With Certificate Accounts
Laddering your certificates is an attractive investment strategy for new and seasoned investors looking to diversify their portfolios. With laddering, you will be able to decide how you want to split up your investments and whether to reinvest each time a certificate matures. By opening multiple certificates with staggered maturity dates, you have the potential to earn better returns while keeping your money safe.
A Letter From Our CEO: New Year. New Habits.
I look forward to the beginning of each new year as an opportunity to set self-improvement goals. For many of us, New Year's resolutions are focused on health but it’s just as important to evaluate your financial wellness and resolve to set some long- and short-term goals. Fortunately, January is Financial Wellness month, which was created to remind us to pay closer attention to our financial well-being after the hustle, bustle, and high spending that comes with the holiday season.
The Best of the Best – Why Logix is (Objectively) Smarter Banking
Fact: Credit unions charge fewer fees and have better loan and deposit rates, on average, than banks.
Protecting Yourself From Holiday Identity Theft
The holiday season is a time when people are more vulnerable to identity theft scams. Not only are people making more purchases than any other time of year, but they are often distracted when doing so. During the holiday season, stores and shopping malls are bustling with people – especially at peak shopping times during evenings and weekends. When shoppers are focused on their gift lists, looking for bargains, or tending to the kids, attention might not be on security.