#1. Credit Unions are Not-For-Profit One of the key differences between banks and credit unions is that credit unions are not-for-profit financial institutions. When you deposit your money at 1st Financial Federal Credit Union, you're actually buying shares of the cooperative. Rather than being a customer, you are a member owner of the credit union. … Continue reading Top 5 Reasons that Credit Unions are Better than Big Banks
Ah, retirement. There are a lot of bad retirement plans out there... winning the lottery, waiting for a large inheritance, or banking on your Social Security. But if you plan it right, you might just get the cozy lake house that you've been dreaming of.
Ah, retirement. The freedom to travel the globe and take advantage of the freedom of not going to work every day. Don’t get me wrong, I love my job, but retirement is the ideal time of your life for travel, since work-related constraints go out the window. Affording those trips though is often easier said … Continue reading How to Budget Enough to Travel in Retirement
Why do you bank where you bank? Why does it matter? Tracy and Laura break it down for us.
Credit unions were born with a philosophy of “people helping people” and in large part, credit unions are well known for not only providing better banking products, but also for their involvement with their local communities. At 1st Financial, we’ve taken it one step farther and have teamed up with local organizations who are helping … Continue reading Why Credit Unions are the Better Way to Bank
What does it look like when life happens to you? Laura and Tracy talk about what to do when you get hit upside the head by life.
When you get engaged it’s no longer just about you, everything suddenly turns into “us.” After Eric and I got engaged, we moved in together and got a real-world reality check. It quickly became obvious that we needed to figure out how we were going to handle our expenses and financials as a couple. We … Continue reading Marriage & Money
I’m not a parent yet, but I have enough friends and family with babies to know that a new baby brings a lot of excitement and family togetherness. It also means rethinking your family’s finances. Now is the perfect time to start thinking about education savings, life insurance policies and the new expenses that will … Continue reading Welcoming a New Child into Your Financial Life
Tracy and Laura share their real-world tips on repairing bad credit. Featuring: Laura Woods & Tracy Verner with 1st Financial Federal Credit Union in St. Louis, MO. To learn more about 1st Financial, visit us at http://www.TheBetterWayToBank.org.
Tis' the season for shopping! Laura and Tracy with 1st Financial Federal Credit Union share their holiday shopping tips including ways to save more money throughout the year