FFCCU Blog
Share Certificate vs. CD? What’s the Difference?
CERTIFICATES. You’ve seen the term a lot recently in promos for FFCCU and other financial institutions. At a credit union, you may have heard about ‘share certificates.’ Elsewhere you’ve probably seen mention of ‘certificates of deposit,’ more often abbreviated as ‘CDs. Share certificate vs CD vs certificate of deposit…what’s the difference? Spoiler Alert: functionally, there… (read more)
Posted In: Saving
6 Financial Tips for Life After Graduating College
When you’re graduating college, there are a lot of financial decisions to make. Many you are quickly aware of, while some you may take some time to learn. Nichole Coyle, CERTIFIED FINANCIAL PLANNER™, is here to give you a shortcut to information that can help you be a step ahead! 1. Student Loans Most people… (read more)
Posted In: Guest Blog, Ignite, Tips For Managing Finances
Mobile Wallets & Payment Apps: is Mobile Pay Really Safe?
Still reticent to dive into the world of mobile payments? It’s easy to understand why. You’ve undoubtedly come across intimidating terms like ‘ransomware,’ heard horror stories about identity theft, or even had to scrub your own device after infestation from a virus (the days of LimeWire aren’t that far behind us). The idea of trusting… (read more)
Posted In: Checking
Financial Literacy for Teens
“Financial Literacy for Teens” … maybe sounds intimidating? We get it – you have a lot going on. Classes and homework. Extracurriculars to be on time for. You don’t want to abandon your friends, but your family needs you too. You might have to fill up a car with a tank of gas, cover bus… (read more)
Posted In: Ignite, Tips For Managing Finances
College Savings with a 529 Plan
May 29th is National 529 Day. This week Nichole Coyle, CERTIFIED FINANCIAL PLANNER™, talks about what a 529 plan is and recent changes that have made this education investment vehicle even more attractive. A 529 plan is a college savings account that allows you to save money for your child’s (or other family member’s) college… (read more)
Posted In: Guest Blog, Saving
Is a Credit Union Safe: Yes! And Here’s Why…
You may have heard dire news reports of bank failures over the last few months. Understandably this domino of bank collapses might be a cause for concern when you think about your own deposits and investments. Is there any chance your financial institution might be next? What even lead to these failures? If big-name banks… (read more)
Posted In: Membership: Info to Know, Tips For Managing Finances
How to Be Budget Friendly During Inflationary Times
If you’ve been to a store lately, you know the cost of everything has increased. This is due to inflation, which is the rate of increase in prices over a given period. Inflation occurs when the supply of money grows too large relative to the size of an economy. When this happens, the unit value… (read more)
Posted In: Tips For Managing Finances
Announcing our 2023 Scholarship Winners!
We are excited to announce our 2023 Ignite My Future Scholarship winners! As an organization, FFCCU is committed to people helping people. In that spirit, the Ignite My Future Scholarship recognizes deserving Club Ignite members who have demonstrated a commitment to their communities through volunteer activity. Scholarship winners receive $500 towards tuition for the fall… (read more)
Posted In: FFCCU News and Info, Ignite
