Feast on Savings With Thrifty Thanksgiving Tips
Breathe it all in… pumpkin spice lattes, crisp apples, brown sugar, fresh bread…am I drooling? Thanksgiving is in the air, along with plans for get-togethers galore. However, these filling festivities can leave bank accounts looking starved. To help you avoid that fate, we’ve cooked up some ways to keep you AND your wallet stuffed this […]
Read More....Bankruptcy: To Fear or Not to Fear
“I declare…BANKRUPTCY!” – Michael Scott, The Office While I often feel like sarcastically quoting this after paying $7 for a Starbucks coffee, bankruptcy is not an ordinary, everyday occurrence. Nor should it be, as it’s not something to take lightly in business or personal finances. However, this debt-relieving legal process can give individuals a “fresh […]
Read More....1166 Federal Credit Union Seeks Food Drive Donations for CU Kind Day
1166 Federal Credit Union (1166 FCU) is proud to participate in CU Kind Day 2024, observed Monday, October 14. CU Kind Day is a collaborative effort designed for credit union employees, members, partners, and volunteers to spread kindness through various community projects. To address the growing hunger crisis in its communities, 1166 FCU will participate […]
Read More....1166 FCU Makes Strides To Combat Language Barriers in Banking
The Federal Deposit Insurance Corporation’s National Survey of Unbanked and Underbanked Households finds that 15 percent of U.S. Hispanic households are unbanked. With 49 percent of this population citing a lack of English proficiency as the main reason for not having a bank account, financial institutions like 1166 Federal Credit Union are taking steps to […]
Read More....What is a HELOC and When Should I Use One?
*Cue the trumpets* It’s time we introduced you to the royally awesome, incredibly useful financial solution known as a home equity line of credit, often referred to as a HELOC. If you felt a little disappointed by the end of that sentence, trust me, HELOCs are worth the hype! There’s more to these powerful loans […]
Read More....Celebrate International Youth Day With Financial Literacy Resources
August 12th, International Youth Day, illuminates pressing issues for rising generations, celebrating the positive contributions of young people while empowering them through community resources and opportunities for growth. Our members are the heart and soul of our credit union. To invest in their well-being and the prosperity of their loved ones, we’re honoring the day […]
Read More....What Are Home Equity Loans?
Home is where the “equity” is. And the more you have of it, the better. But what is home equity, what is a home equity loan, and how do you make the most of these helpful resources? What is Home Equity? Simply put, home equity is your home’s current market value, minus the amount you […]
Read More....National Financial Freedom Day
Most people site Independence Day when asked about the July holidays, but what about July 1st, also known as National Financial Freedom Day? This overshadowed and less-known designated day focuses on evaluating, motivating, and continuing positive financial habits, a need for most income-generating individuals. As you prepare to celebrate the freedoms we enjoy in our […]
Read More....Inflation Unveiled: Understanding, Coping, and Thriving
“Inflation” has lingered heavily on the minds of Americans for the past three or four years, inducing fear in up-and-coming generations grappling to hold onto the hope of financial stability. As prices continue to rise, more and more Americans, especially Millennials and members of Gen Z, are vocalizing the “death of the American Dream.” In […]
Read More....National Women Veterans Recognition Day: Helpful Resources
Wednesday, June 12, marks National Women’s Veterans Day, a day set apart to recognize women veterans who have and continue to serve and protect our country. With many female veterans struggling financially, 1166 Federal Credit Union’s CEO Annemarie Shinn — a veteran herself — shares insights and resources to address the financial struggles they face. […]
Read More....
