Aim Higher Blog
Credit Card Management
According to several sources, Americans have increased their use of credit cards and average balances are going up.* With rising prices and increased interest rates, unfortunately many people are using them for everyday expenses. This means they will be faced with more debt to pay down in the future.
The Dark Web
Using the internet to access web sites is so common now, that we don’t think about it. However, did you realize there are three different types of webs? They are identified as the surface web, the deep web, and the dark web. All three make up the internet.
President's Message - April 2023
Recent news about failing financial institutions has many people concerned. Some have called asking about what happened to those banks that went under recently and how safe is Skyward.
ABCs of Student Loans
A large part of planning for college involves securing the money needed to help with the cost of higher education. There are many sources you use can find the financial aid you'll need. You should first seek Federal Loans assistance, which can also include grants and scholarships. When you find gaps in your budget that Federal assistance doesn't cover, then you need to find the right private school loan for you.
Cutting Down Car Costs
Increases in gas prices, car prices and interest rates make owning your own car a financial struggle these days. But there are ways you can save money. Cutting costs for operating your car range from conserving gas, to properly maintaining your car, to reviewing your insurance policy.
Advantages to Online Banking
Today's technology makes it possible for you to access your financial accounts in a variety of ways. Gone are the days when one must visit a local branch to conduct business. Now there are options for not only visiting the branch but also online and mobile banking, giving you more access at any time of day.
Giving Back to the Community
We just came out of the holiday season, the season of giving. Here’s what your credit union has been doing when it comes to community giving this year and how you have helped.
Avoid Gift Card Scams
Gift cards are typically used for gifts, not for payments. As soon as someone tells you to pay them with a gift card, that’s a scam. Paying with gift cards is like paying with cash. Once it's gone, it's gone for good.
Beware of Holiday Scams
It’s that time of year when online shopping is ramping up for the holidays. And every year, thousands of people become victims of holiday scams when they shop. Scammers can rob you of hard-earned money, personal information, and, at the very least, a festive mood. It’s best to be aware of the possible scams and how to avoid them.
President's Message - October 2022
At a recent meeting I attended, a specialist pointed out that we have just experienced the worst bond market in 40 years. It is not due to credit issues, but strictly due to rising interest rates. A big part of this is due to the inflation we are experiencing, and the rate increases that the Federal Reserve has implemented to try and get it under control.