Consumer Federation of America’s Post

Check out our latest blog post at corebank.com! Learn about the benefits of a trust in our new article, "Trusts: Five Things to Know for Managing Assets - Core Bank." #finance #trusts #assets #wealthmanagement

A quick solution when your member's need it most.

Ever wondered what a credit union is? Unlike traditional banks, credit unions are Member-owned and not-for-profit, which means our focus is always on you. Say goodbye to high fees and hello to better rates and personalized services that put Members’ financial well-being first! Curious to learn more? What questions do you have about credit unions? Drop them in the comments below, and we’ll be happy to answer! Join us at Orange County's Credit Union and start your financial journey: https://bit.ly/4ghlxzs #OrangeCountysCreditUnion #FinancialWellbeing #NotForProfit #MemberOwned #CreditUnion

What exactly is a Credit Union? This question is commonly asked. Let me share some insights. 😊 ✒️ Credit unions are financial cooperatives owned by their members, operating on a non-profit basis, which sets them apart from banks. Profits are reinvested back into members through educational programs, affordable fees, competitive loan rates, and attractive savings opportunities. ❣ ✒️ Credit unions also benefit business owners by offering a diverse range of financial products and services. By managing their finances locally, business owners support community growth and sustainability. 💫 ✒️ Credit unions provide tools such as budgeting aids and business plans to help their members effectively manage finances. Compared to larger banks, credit unions often have more flexible lending criteria. ✒️ Additionally, credit unions are deeply ingrained in local communities, actively supporting initiatives and focusing on member financial wellness. At St. Cloud Financial Credit Union our team collaborates closely with small businesses, nonprofits, and local chambers of commerce to promote community projects and enhance member prosperity. Your success is our success.🤩 If you are looking to become a member, apply for a loan, inquire about a mortgage, need financing for your business, want to build your credit through a credit card, or just learn how to better budget your monthly expenses… 🧐 swing into any of our five branches or give us a call 320-252-2634 📞 #creditunion #community #memberfocused #financingpartner #financialwellness #mortgages #loans #budgetingtools #business #smallbusiness #credituniondifference #whatisacreditunion

A simple follow up can save you a lot! Recently, our team member noticed that a tenant’s rent had not arrived. She gave them a call as per our policy of following up immediately on missed rent. Turns out, they had not realized that the bank didn’t yet release the funds. A short time later, it was sent through successfully. It could have been months before anyone realized. #madisonproperties #commercialrealestate

Meritrust Credit Union is leading the way in employee financial wellness, giving each staff member a $400 bonus for emergency funds. This step is a testament to the power of financial institutions in making a real difference. Their commitment to financial wellness and security is inspiring. Initiatives like these drive positive change in the fintech world! #Fintech #FinancialWellness #EmployeeAppreciation #CreditUnions

🎁📚 Don't splurge it all this season! 🌟 Start saving for your child's future tuition now and unlock reduced loan interests! Secure their education while enjoying financial benefits. ✨ Contact us to get started NOW!!! #fortcredit #myfortcredit #fortvest #myfortvest #SmartSavings #FestiveFinance #InvestInTheirFuture

There are plenty of reasons why banking locally makes good economic sense. When you deposit money at HOMEBANK, those funds are used to support local businesses, home buyers, and everyday consumers right here in our local communities. And, the proceeds from those businesses employ local residents, fund municipalities, and continue the cycle of locally based economic growth. As we celebrate Community Banking Month in April, we want to thank our existing customers for their patronage and urge future customers to consider how banking locally impacts our local economy today, tomorrow and for generations to come. Community banks are only successful if our customers and communities are, too. That’s why the community bank and its relationship business model have thrived for more than 150 years. We know what it takes to create successful local economies—join us in helping to build a more sustainable, vibrant economy here at home! HOMEBANK, MEMBER FDIC

Almost 1 in 3 borrowers are gifting the proceeds of equity release, and with school fees increasing by 50% in the past 10 years, this is just one of the ways the 'Bank of Mum and Dad' can support their wider family. Have your clients considered the role their property could play in supporting with school fees? #inheritancetax #schoolfees #propertywealth

FAQ: What is the difference between banks and credit unions? A: Banks are for-profit enterprises and Credit Unions are for non-for profit, financial cooperatives. When you become a member with HomeTown Credit Union, you’re our owners.. meaning I work for you. Check out my story and why I choose to be a part of something bigger. Together, we can build your blueprint of how to achieve your goal for homeownership. ❤️ https://lnkd.in/gC-XX4Zx