Make a Savings Account Your Emergency Fund
A savings account can be more than just a place to park your money until you need it. It actually can be the foundation of your overall debt management plan. And if you've decided to get out of debt altogether, a savings account can even help you reach your goal. For starters, you can sign […]
Planning to Purchase a New Home
Ready to achieve your dream of purchasing a new home? Before you decide how to save, you need to decide how much to save. Think about whether you want to pay cash for your home or get a mortgage loan, and if you're going to get a mortgage, decide how much of a down payment […]
How to Help Your Kids Be Financially Literate
It's obvious that financial literacy is important for all of us as adults. But when do we need to start developing financial skills? Experts agree that parents should start teaching kids about money from an early age. Training in financial literacy is all about taking an approach that's appropriate to your child's maturity level and […]
Debt Management Basics
The goal of every debt management plan ought to be to eventually stop paying interest and start earning it instead. It may sound like an unreachable dream to some, but with some basic debt management techniques and a solid debt management plan, you can achieve it. The reason a lot of people have difficulty getting […]
The Key to Debt Management
The goal of every debt management plan ought to be to eventually stop paying interest and start earning it instead. It may sound like an unreachable dream to some, but with some basic debt management techniques and a solid debt management plan, you can achieve it. The reason a lot of people have difficulty getting […]
Compare Savings Accounts, CDs and Money Market Accounts
Most bank savings accounts earn interest and are insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum allowed by law. Still, accounts from different banks are far from the same. Here are the key things you should consider when you compare savings accounts, certificates of deposit or money market accounts from different […]
Certificate of Deposit Account or Online Savings Account?
Although funds in both savings accounts and certificates of deposit (CDs) are usually FDIC-insured and benefit from compounded interest, there may be advantages to choosing one over the other. CDs may have higher interest rates.To begin with, bank CDs tend to pay higher interest rates than regular savings accounts—depending on the CD term. Credence Global Bank Union[…]
A Money Market Account, Savings Account or CD?
When you think about what to do with your cash assets, you may be trying to decide whether to open an online savings account, money market account or certificate of deposit (CD). Start by figuring out how much cash you're depositing and for how long. A general rule of thumb is that the more you […]
Allied Trust Credit UnionCD Rates: Consistently Competitive
When you're shopping for a certificate of deposit (CD), it makes sense to look for a bank that offers consistently great CD rates. Credence Global Bank UnionCD rates are among the most competitive in the country as published by Bankrate.com. Because we are an online bank, we don’t have the overhead of traditional banks and we […]
6-Month CD Rates: Flexibility vs. Return
A certificate of deposit (CD) is a time deposit. When you open a CD, you agree that you will not withdraw the funds until the maturity date, which varies from a few months to several years after you open the account, depending on the term you choose. You can close a CD before the term […]
