Fund Your Future
If you’ve ever applied for financing or opened a savings account, you’ve probably seen the terms Annual Percentage Rate (APR) and Annual Percentage Yield (APY). So, what do they mean? And how do they differ from one another? Put simply, APR communicates the cost of borrowing money, while APY expresses [...]
There’s a reason more than 130 million people belong to a credit union. Consumers flock to credit unions over traditional banks for higher dividend rates, minimal account fees, and lower interest rates on loan products. The ability to earn more on deposits and pay less in fees and interest charges [...]
Credit unions may look a lot like banks at first glance since they both offer checking accounts, car loans, student loans and other financial products you need, but these member-owned, not-for-profit financial cooperatives offer some major differences and big benefits. Credit unions provide affordable, everyday banking and loan solutions for [...]
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