Credit Unions are champions of low-income and working class people

Before the arrival of the credit union, people who were from the poor background or a working class background couldn't borrow from banks. Quote by John Hume, Irish Politician

Credit Unions are champions of low-income and working class people Nobel Peace Prize winner, Irish politician John Hume stated, “Before the arrival of the Credit Union, people who were from the poor background or the working class background couldn’t borrow from banks.” It’s true.  Banks have long been only interested…

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Millennials are killing Banks…

Hammer breaking open a pink piggy bank with money inside.

Millennials are killing Banks… Business Insider has article online about Millennials killing all kinds of retail type businesses – here’s what they say about banks: Millennials distrust financial establishments and rarely visit physical banks. “There’s a massive shift in consumer behavior and consumer trust,” Rick Yang, a partner at the…

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Credit Union Memberships Are on the Rise – But Why?

Tom Middlestead with mud on his face

Rise of the Credit Union “In the year to April 2017, credit union memberships rose 4.8% faster than the 3.8% pace set in the year to April 2016, and the fastest pace in in the modern credit union era,” says CUNA Mutual Group, in a new study entitled “2017 Credit Union…

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Millennium Park movies July to September 2017

Millenium park in Chicago Illinois

Millennium Park Summer Film Series Did you know that there are free movies all the rest of the summer at Millennium Park? Here’s the info from the City of Chicago website: The popular Millennium Park Summer Film Series returns, Tuesdays, June 13 through September 5, at 6:30pm. This year’s line-up kicks…

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Is Online Banking Safe?

Poke the bear

Is Online Banking Safe? How do you really know?  Here’s how: Make sure the Bank or Credit Union really exists.  Is there a physical address?  Check Google to verify.  Feel free to call the number listed. Is the institution insured federally?  Banks should be insured by FDIC, and Credit Unions…

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