Of the 62 million women between 21 and 64 in the workforce, only 45% participate in a retirement plan. Since women outlive men by at least two years, on average, an even bigger nest egg would be recommended.
What is your definition of financial independence? Is it when you no longer have to work another day in your life, because all of your financial needs are met from the income of your investments?
If you haven’t joined the mobile banking revolution, it’s time to jump on the bandwagon. You’re missing out on some great benefits. Mobile banking offers many advantages, such as good security, easy access, and true banking freedom.
The possibility of having your personal financial data stolen is enough of a burden. You shouldn’t have to worry about who is going to clean up the mess and pay the bills for the fraud. Unfortunately, that’s not how it works.
The need to protect your finances from fraud isn’t new. But with identity theft on the rise in recent years, it’s a growing concern. EMV cards, the next generation of credit and debit cards, are here and will help the fight against fraud.
Section 529 plans can be a great way to save for college–in many cases, the best way–but they’re not the only way. When you’re investing for a major goal like education, it makes sense to be familiar with all of your options.
Whether you’re seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their versatility–many types of trusts exist, each designed for a specific purpose.
At any age, health care is a priority. When you retire, however, you will probably focus more on health care than ever before. Staying healthy is your goal, and this can mean more visits to the doctor for preventive tests and routine checkups.
It can be a bit disheartening to work hard all week, only to discover how much of your pay was withheld. If you have ever looked at your paycheck and didn’t know the meaning of each part of it, it’s time to learn.
It’s easy to dismiss a missing piece of mail as just having gotten lost somewhere along the way. But if there is a pattern of lost mail or particularly sensitive correspondence has mysteriously gone missing, err on the side of caution and take protective actions.
After a long, steady ascent, it is easy to become lulled into thinking that the market only goes up. We all know differently, but even so it can be a rude awakening when the major indices rollercoaster or plunge. Be patient rather than let emotion take over.
As Consumers Credit Union celebrates credit union month this October, know that we’re thanking you for belonging to a movement that’s helping your neighbors and people around the world grow, thrive, and follow their dreams.
The recently announced merger between Consumers Credit Union and Premier Credit Union has been agreed upon and delivered to the Illinois Department of Financial and Professional Regulation (IDFPR) and National Credit Union Administration (NCUA).
CCU is proud to announce that CUNA (Credit Union National Association), recognized Alice Clements, Treasurer and ALM Committee Chair on Consumers Credit Union’s Board of Directors for her success in “living the American dream”.
Congress just changed the Social Security benefit rules. On October 30, Capitol Hill lawmakers approved a two-year federal budget deal. As part of that agreement, they authorized the most significant change to Social Security policy seen in this century, disallowing two popular strategies people have used to try and maximize retirement benefits.1 The file-and-suspend claiming […]
CCU is extremely happy to have CUNA (Credit Union National Association), recognize Frank Soyka, Chair of the Loan Review Committee and a member of the Asset Liability Management Committee on the Credit Union’s Board of Directors. Frank, revered for his extensive knowledge and background with commercial lending, in addition to his expertise in construction, has […]
Do you want to know the major reason your financial New Year’s resolutions could fail? Even with the best intentions, it could just be a bad resolutions to begin with. You would think any resolution to improve your finances would be a good thing but that’s not always the case. Vague goals without benchmarks or […]
Paying attention to the wrong things becomes all too easy. If you ever have the inkling to manage your investments on your own, that inkling is worth reconsidering.
Consumers Credit Union wants to be the one-stop-shop for members purchasing a home. From your initial search, to determining how much house you can qualify for, and all the details in between, we want to be your trusted first point of contact. CCU’s recently introduced our new HomeAdvantage Program that includes a set of remarkable […]
One bad trading day is not the year. The stock market has wavered recently. A lackluster year just ended, and this year has started inauspiciously. You may be wondering … should you really be invested in stocks right now? Yes, you should be. In moments like these, investors should not panic and overreact to the headlines. […]