Pros of Having a Small-Business Debit Card Convenience: It’s simple to use. Whether you need to buy supplies for your business from a local store or make a purchase for a service online, debit cards give you access to your cash flow right away. There’s no more cutting checks or going to the bank to… Read more »
For those who don’t have much experiencing with building a personal savings account, the prospect of starting from scratch can be somewhat daunting. Saving money is hard enough, as maintaining the discipline to save rather than spend takes great dedication and willpower. Not to mention, there’s the basic math with which you must contend. In… Read more »
Are you considering applying for a personal loan from a local credit union in Kingsley, MI, to consolidate high-interest credit cards or pay for a large purchase? While this unsecured loan can help you meet your current financial needs, you might be curious about how it will impact your credit score. Keep reading to learn… Read more »
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 »
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 »
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 »
