With so many financial products available, choosing which type of account to open can be just as stressful as deciding where to open one. For consumers looking for earnings on their savings, one of the options that credit unions offer is share certificates. Here’s a brief overview of how they work and some of their advantages and disadvantages.
There are all sorts of ways to guard your home from the winter elements. Some are cheap and may even fall in the do-it-yourself category, like adding weather stripping and caulking.
Other endeavors, such as swapping out single-pane windows for energy-efficient double panes, or replacing a furnace, are beyond the skill set of most homeowners — and often beyond the balances in many savings accounts as well.
A new year brings a chance to start fresh with just about anything. If your midnight toast includes a resolution to improve your financial health and organize your finances, here’s how to make it happen.
Get on a budget
To get ahead, it’s important to know where you stand and to create a plan with realistic goals such as a comfortable retirement, education and home ownership. Budgeting may sound old-school, but it’s still one of the best ways to accomplish this. Start by totaling your income and subtracting your monthly expenses for a quick financial snapshot. Then set goals, reduce unnecessary spending and, if the situation calls for it, explore ways to increase your income.
Advantage Federal Credit Union Thanksgiving & Holiday Hours 2016
Thursday, November 24th-CLOSED
Friday, November 25th-CLOSED at 3pm
Saturday, December 24th – REGULAR Hours
Saturday, December 31st – REGULAR Hours
RIT Location-Please note RIT Location will be CLOSED:
November 24th -November 26th- CLOSED
December 23rd-CLOSED at 2pm
December 26th-January 2nd – CLOSED
Posted by NerdWallet on September 12, 2016 by Bev O’Shea
When you apply for a loan or a credit card, the lender checks your credit score. That can knock off a few points. But the same is not true when you check your own credit.
When you — or a creditor looking to preapprove you for a loan or credit card — check your score, it’s considered a soft inquiry.
Posted by Nerdwallet.com on September 14, 2016 by Juan Castillo
The road to a college degree isn’t just about learning in the classroom. It’s about learning life skills, too, like managing your money.
If you’re off to college and just opened your first checking account, you’ll enjoy the convenience it offers. Checking accounts can be handy for paying the monthly rent and for everyday expenses like groceries and all the ramen noodles you can eat. But with easy access to your money comes responsibility, like avoiding expensive bank fees when your account balance dips below zero.
Advantage Federal Credit Union has recently received calls reporting that people have received text messages or pages on cell phones in a fraudulent attempt to gain personal information in regards to their debit card.
Advantage is confident that no member information has been compromised. Many of those who have called us to report this incident have never been members of the credit union, therefore the data could not have been obtained from any credit union files. This appears to be a scam involving random phone numbers which were somehow obtained by fraudsters.
Advantage Federal Credit Union has teamed up with Radio 95.1, Kiss 106.7 and 100.5 The Drive for the 2nd Annual Rochester City School Supply Drive.
Please join us to help prepare Rochester City students for another successful school year and donate supplies today at any of our eight branches!
Posted on July 21, 2016 by Jennifer Clark by SavingAdvice.com
They say it takes about 21 days to create a habit, whether good or bad. Once you start feeding into bad money habits, it can be harder to be financially responsible and become increasingly easier to continue splurging. If you feel your bad money habits are getting you down, don’t worry; there is hope for you.
Summer is a time to cut loose and have fun. But, if you’re not careful, that fun can lead to overspending, failing to keep tabs on your finances and making money mistakes due to distractions.
You certainly don’t want to be paying for those mistakes the rest of the year. So, to maintain your financial well-being while enjoying all that summer has to offer, avoid making these money mistakes in the coming months.