Bank Money Market Rates vs. Short-Term CD Rates
Whether you open a money market account or a certificate of deposit (CD), at an FDIC-member bank like Regional Credit Union, your money is insured up to the maximum allowed by law. The differences between the two are what make each account a good fit for your goals. Beyond Rates: Important Features of CDs and Money […]
My Investment Firm and My Bank Offer a Money Market Account. Are They the Same and Which Is Right For Me?
Banks and investment firms both offer a product known as a “money market,” but these two similar-sounding financial options are not the same. If you're trying to decide where to put your savings, you need to be aware of the differences. A bank money market account is just what it sounds like, a type of […]
Are Money Market Accounts FDIC Insured?
When it comes to finding a low-risk way to grow your savings, a money market account can be a valuable part of your financial portfolio. It can provide a solid, secure investment that helps you steadily work toward your saving goals. One important question you may have is: “Are deposits in money market accounts FDIC-insured?” […]
An Introduction to Money Market Accounts
If you are looking to save money each month, but want to branch out from your regular savings account, a money market account may be just what you need. A money market account is a type of savings account that typically gives you more convenient access to your money than you get with a traditional […]
Longevity Annuities As An Income Stream for Retirement?
The biggest worry about retirement boils down to this – will I outlive my savings? As lifespans increase, building and managing a nest egg that can sustain a long life can be an overwhelming task. A recent TIAA-CREF survey found that running out of money was the principal concern (45%) for individuals nearing retirement. To […]
Best Practices for Driving in the Rain
As much as we’d like it to be the case, driving isn’t always synonymous with great weather. That’s why it’s important to be prepared for whatever Mother Nature throws our way. The following are a few useful tips for driving in the rain and tips for when it’s time to simply pull over. Plan Ahead […]
Teaching Your Kids How to Build Good Credit
Your credit score can open doors — if it’s strong. If it’s not, it can slam those doors shut. But no one is born with great credit. Like most things worthwhile, it’s built and maintained over time. If your child is heading off to college, send them into the world with the knowledge they need […]
How to Beat Loneliness and the Importance of Social Interaction
Exercising, eating healthy and avoiding stress are some of the key prescriptions to living a long, healthy life. Researchers at Brigham Young University also recommend plenty of social interaction to stay physically and mentally fit. According to the recent study published in the journal of Perspective on Psychological Science, loneliness can be just as dangerous […]
Henry Ford’s Influence on the U.S. Commercial Airline Industry
Henry Ford is well known for profoundly revolutionizing the automobile industry during the early 20th century, but few are aware of the significant role he played in promoting the U.S. commercial airline industry. Just as Ford transformed the automobile from a luxury to a necessity with his Model T, he also helped to introduce almost […]
Caring for Older Drivers: Senior Driving Safety
Driving is one of the first ways we’re seen as adults. Before going inside a voting booth or taking that first legal drink, most of us have already driven. A fact that probably kept our parents up all night. And as concerned as they were about us, we owe them the same level of care and […]
