When you are saving for your goals, every penny counts. While all savings accounts earn interest, which helps your balance grow, certain accounts pay dividends at a higher rate. These are known as high yield savings accounts.
Read More
A budget is a plan you make to decide how much you should spend and save based on your income. Making a budget—and sticking to it—can set you up for financial stability by helping you spend less and save more.
Read More
Each month, Credit Union 1 embraces its mission of making a difference through a variety of events. From fostering financial literacy to participating in charitable contributions and volunteer activities, Credit Union 1 is dedicated to supporting its communities.
Read More
Sooner is always better when it comes to saving for retirement. Making contributions to a retirement savings account early in your career will allow your money to grow and compound over the years and provide excellent tax benefits, which will help in the long-term. An individual retirement account (IRA) is a common type of retirement savings account that you may want to consider, and the most popular types of IRAs are Traditional IRAs and Roth IRAs. These accounts have some similarities, but the primary difference is when and how you get a tax break. Here’s how to decide which might be right for you.
Read More