Terms of Use The credit card you pick can save you money Table of Contents: Credit Card Interest Rates How Much Will You Pay? Credit Card Shopper's Checklist Deciphering the Application Glossary For More Information Smart consumers comparison shop for credit, whether they're looking for a mortgage, an auto loan, or a credit card. Comparison shopping is important because it could save you money. When you're looking for a credit card, be sure to consider the costs and terms. They c  More...

Terms of Use Table of Contents 1. Obtain information from several lenders 2. Obtain all important cost information 3. Obtain the best deal that you can 4. Remember: Shop, compare, negotiate 5. Fair lending is required by law 6. Credit problems? 7. Glossary 1. Obtain Information from Several Lenders Home loans are available from several types of lenders-- thrift institutions , commercial banks, mortgage companies, and credit unions. Different lenders may quote you different prices, so you sh  More...

Terms of Use What is a Coverdell ESA? A Coverdell Education Savings Account (ESA) is a type of IRA that allows you to make nondeductible contributions up to $2,000 annually for anyone under the age of 18 or a special needs beneficiary of any age. Assets in a Coverdell ESA must be used for qualified education expenses before your child (the designated beneficiary) turns 30 in order to be withdrawn tax-free. With a Coverdell ESA: The maximum contribution amount for a beneficiary is $2,000 per ye  More...

Terms of Use: Your Get out of Debt Step-by-Step Roadmap You've heard the old saying, live within your means. Easier said than done for some. The important thing is that you've reached a point where you realize your life would be a lot less stressful if you didn't have bills to worry about. Short of winning the lottery, what can you do? Here's help. Four rules to live by: 1. Be realistic! If you are spending $500 a month now on food, don't expect to cut your grocery bill t  More...

Debt consolidation and credit counseling have been a hot topic in today's market. Attached is an article from MSN Money that covers the basics on the good and bad side of credit counseling. For local information on a non-profit credit counseling agency, please visit Consumer Credit Counseling Service of NEPA. The consumer's guide to credit counseling Credit counselors are falling all over themselves to help you out of debt, but some do more harm than good. Here’s what you need to know,   More...

There's a Federal law that has transformed the way that checks are being processed. Check Clearing for the 21st Century Act or Check 21 as it is commonly referred to, was signed into law in October 2003 and went into effect in October 2004. The Act allows any bank, credit union, store or merchant to create a substitute check that is a paper or digital reproduction of the front and back of your original check, which is then taken out of circulation . For financial institutions, the Act make  More...

Terms of Use Credit Score A credit score (ranging from 300 to 850) is a measure of your credit worthiness or how likely you are to pay back your debts and do so on time. You want to have a high score. Your credit score is used by lenders, credit card companies, employers, landlords, insurance companies and others in evaluating whether to extend credit to you. The higher your credit score, the lower the assumed risk to lend you money. While no specific definition of “good” is un  More...

Terms of Use If you're good at planning ahead, you may have thought about it before your child was even born, perhaps while you were shopping for a bassinet and teddy bears. At any rate, you probably started thinking about it when your child was very young. After all, it's one of the major responsibilities you face as a parent: your child's college education. Personal growth and expanded horizons are reason enough to send a child to college, but there are more practical considerati  More...

Terms of Use: Below we have identified what is generally covered by a standard homeowners policy, but you need to talk to your insurance agent to understand specifically what your policy covers and up to what amount. What's generally covered: Damage to both structures and personal property caused by: fire lightning windstorm (including hurricanes and tornadoes) or hail explosions riot or civil commotion aircraft and vehicles smoke theft or vandalism falling objects weight of ice, snow or sle  More...

The maximum daily transfer amount is dependent on the type of account you have. The account must be in good standing to perform transfers. If you are a new member with an account less than 60 days old, your daily transfer limit is $1,000.00. If you are a member with an account more than 60 days old, your daily transfer limit is $5,000.00. If you are a member with a business account, your daily transfer limit is $10,000.00. A valid email address is required for ACH transfers.