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What You Need to Know Before Deciding Whether or Not to Opt In

You’ve probably heard in the news recently about the new overdraft protection opt-in requirement for...

In Protest of Big Banks, The “Move Your Money” Campaign Picks Up Steam

"Move Your Money" is a budding movement that has the capacity to cause a major power shift in the financial industry. It’s main purpose is to convince people to take their money out of the “too big to fail” banks and move it into the smaller, more community-oriented banks and credit unions. A financial institution’s foundation relies on the core deposits (checking & savings accounts) of businesses and everyday people. What they want, in essence, is a run on big banks. A bank run occurs when a large number of people withdraw their deposits. When this happens the likelihood of default increases, which then encourages even more withdrawals. This can put a bank in dire circumstances and in extreme cases, bankruptcy.

IRA Accounts: A Great Retirement Option

 Are you thinking about retirement?  It is never too early to begin planning for your...

Reduce Your Monthly Auto Loan Payment

These days, any extra money can come in handy. If you’re trying to cut costs...

The New Year is a time for hats and horns—and resolutions.

Your credit union offers low-fee options for all your financial needs. One study pegs the...

Keep us posted on your financial health

Unemployed? Spend too much over the holidays?  Just having trouble making it this month?  If...

CBS Early Show, other Media Give Boost to Credit Unions

  Is it time for consumers to dump their banks? That’s a question the CBS...

Suze Orman to Larry King: CUs have great rates

WASHINGTON (12/14/09 CUNA)–Credit unions offer better rates on credit cards, personal finance guru Suze Orman...

Membership Pays

    Being a member of SIU Credit Union has paid off for Deborah Piquard....

How To Get A Business Loan

When you apply for a business loan, you’ve got to complete a lot of paperwork....