Financial Education
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My Credit Union Story
For the past couple of days, a good friend and co-worker has been continually reminding me that I have yet to turn in an article for our blog. Since I finally realized his persistence is both shameless and tireless, I decided I better get started. “This won’t be hard,” I thought to myself. After all, I oversee compliance for the credit union, so I could just choose one of the hundreds of regulatory changes currently affecting the financial sector, write a short blurb, and be done with it. However, let’s face it…there are only a few of us nerds out there who actually enjoy reading the minute details of upcoming lending mandates or interchange legislation. So I thought I would start off with telling my story about what I have learned first-hand about credit unions.
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Add Credit Life and Disability To Your Loans
Every member has needs and they are unique in every circumstance. SIUCU is now offering loan protection to all of our members to give you the peace of mind you deserve. You will be offered the product of Credit Life and Disability when applying for a loan. Both members and their families will benefit through their loans being paid off in case of death or disability.
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Fraud Alerts On The Rise
This past week saw several government warnings and alerts about financial frauds as well as several credit unions reporting other scams that could spook some accountholders. But these are no Halloween pranksters. Keesler FCU reported that at its base in RAF Mildenhall, England, about 100 members saw fraudulent charges on their accounts this month (Stars and StripesOct. 28). All affected accountholders had visited Spain sometime this year, Michelle Foster, a loss prevention manager for Keesler told Stars and Stripes.
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Why Credit Unions Aren’t Banks
When we are out and about in the community, we often hear two things. What's a credit union? and I didn't know I could join. To be clear, if you are living in Southern Illinois you are more than likely eligible to join SIU Credit Union. And no, you don't have to been connected to Southern Illinois University to join the credit union.
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Selecting a Credit Card
Having a credit card is much easier and safer than carrying large amounts of cash with you. But are the credit cards in your wallet really offering you the best deal?
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Your Credit Score
Do you know your credit score? Your credit score matters whether you need a credit card, auto loan, mortgage or some other sort of credit. In general, higher scores mean you are more likely to be approved and you will be charged a lower interest rate on any new credit.
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Should You Pay for Mortgage Points?
You’ve just bought your dream home and now your finalizing your mortgage. Your lender ask...
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Get Back in the Game After a Job Loss
A major challenge when losing a job is to move ahead and find new work,...
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Your Deposits are Insured
Credit Union leader Daniel Mica, of CUNA, outlines how credit unions are strong, safe and...
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Member Survey
[poll id=”3″] If you answered no to the question, click here to learn how credit...