Posts By: Rebecca Spellerberg

Tips for Choosing the Right Credit Union Online

Woman using ATM

Are you interested in doing business with a customer-owned financial institution rather than a big banking machine? If this idea appeals to you, a credit union may be the perfect fit. But how do you find a local credit union if you don’t meet the membership requirements? If you’re in this situation, consider joining an… Read more »

The History of Credit Unions

A brief historical overview of the credit union throughout the decades: 1901 – Alphonse Desjardins, a Canadian journalist, founded the first credit union in North America (today The Desjardins Group) and made the first deposit of 10 cents. 1909 – The first American credit union, St. Mary’s Cooperative Credit Association, opened in Manchester, New Hampshire…. Read more »

The Difference between Credit Unions and Banks

Money in Wallet

For many people, banks and credit unions are considered one and the same because they both fulfil similar purposes and provide the same kinds of services. However, while it’s true that both types of financial institutions are in the interest of lending and banking, there are some key differences between a bank and a credit… Read more »

The Importance of Opening a Savings Account

Growing Savings

Do you feel you always come up short on cash when you really need it? One route to financial freedom is opening a savings account. Many people associate the term “financial freedom” with the wealthy. However, what it really means is that you don’t stress about having money to cover emergencies when they pop up… Read more »

Ways to Improve Your Mobile Banking Experience

Woman on Laptop

While the modern customer demands digitzed conveniences like apps and reviewable social media interactions, they still expect to be treated as individuals and receive pleasant customer service. As artificial intelligence and computerization replace many interactive service jobs, it can be hard to meet your own customers in the middle. Fortunately, there are ways for today’s… Read more »

The Perks of Opening a Personal Savings Account

Online banking

For many people, their first interaction with banking came through the opening of a childhood personal savings account. Opening a savings account through a personal banking service is an excellent first step in developing financial habits that will pay excellent long-term dividends. The benefits of opening a personal savings account aren’t restricted to newcomers to… Read more »

Earning High Interest with Your Business Saving Account

Increasing percentage

One hallmark of the most successful businesses is the ability to invest profits to create diversified revenue streams that help offset market dynamics. For a business to maximize its potential and make use of gains, a sound investment strategy is a must. Investment is often considered the keystone of such financial strategies because gains can… Read more »