Terms of Use It's important to check your savings bonds periodically to determine if they're still earning interest, and if they're not, they should be redeemed. Savings bonds earn interest for different lengths of time depending on the series and when the bond was issued. Perhaps you have savings bonds stashed in a safe deposit box or drawer somewhere. Check the maturity dates, and see the table below for those no longer earning interest: Series Issue Date EE January 1980 through  More...

Terms of Use Investment Products: Your Choices This knowledge article is part of a series of knowledge articles aimed to help you define your roadmap to savings and investing. To review the previous knowledge article in this series, click here . To review the table of contents for the article, click here You're at that stage in your financial journey when you need to make decisions about the investment products that are right for you. Here are some of your major choices: Stocks and B  More...

Terms of Use The U.S. Treasury Department offers two types of savings bonds: Series EE and Series I Savings Bonds. Series EE U.S. Savings Bonds are sold at face value and are worth their full value upon redemption. These bonds offer a fixed rate of interest, which is paid at maturity or redemption. Series I U.S. Savings Bonds are also sold at face value. These bonds offer a variable rate of interest that is adjusted for inflation. If inflation increases, the interest rate on the savings bond  More...

No. Your deposits here at your credit union are as safe and secure today as they have always been and we are making loans to members as usual. Progressions Credit Union, like most US credit unions, has not been experiencing the issues that are causing problems for some of the nations other financial industries and here's why: Credit unions are member owned and not for profit. We don't take big risks to make more money to pay to a handful of stockholders. We take conservative risks and re  More...

Terms of Use Mutual funds can be a good way for people to invest in stocks, bonds, and other securities. Why? Mutual funds are managed by professional money managers. By owning shares in a mutual fund instead of buying individual stocks or bonds directly, your investment risk is spread out. Because your mutual fund buys and sells large amounts of securities at a time, its costs are often lower than what you would pay on your own.

Terms of Use Investors should always take the critical step of reading the financial statements of the companies they've invested in, or intend to invest in, because financial statements contain important corporate financial information that may not be readily apparent from news releases. Recently, some companies have put out press releases using so-called pro forma financial information to highlight what they claim are important portions of their actual financial reports. Investors should  More...

Terms of Use Determine Your Risk Tolerance This knowledge article is part of a series of knowledge articles aimed to help you define your roadmap to savings and investing. To review the previous knowledge article in this series, click here . To review the table of contents for the articles, click here . You are approaching the half-way point in your journey to saving and investing. This is a good point to make sure that you understand some key concepts: Savings Your savings are usually put i  More...

Terms of Use Need some help finding the right path for your financial future? You've come to the right place. We've put together an itinerary that takes in all the basics for your journey to learn more about saving and investing. Traveling down the right road to achieving financial well-being is one of the most important trips that you'll ever make in life. Y ou don't have to be a genius to do it … and you don't have to be rich … you just need to hit the road   More...

Terms of Use Define Your Goals This knowledge article is part of a series of knowledge articles aimed to help you define your roadmap to savings and investing. To review the table of contents for the articles, click here . What are the things you want to save and invest for … A home? A new car? Your education or that of a child? A comfortable retirement? The needs of your parents? All of these goals will cost money. To make sure that you will have enough money when you need it, follo  More...

Terms of Use Bonds are financial instruments where a bond issuer , such as the US federal government or a company, is borrowing money. Essentially bonds are just loans. Bonds purchasers, called bondholders , can be individuals, companies and governments. When you buy a bond you are loaning the bond issuer money. Interest payments are made to bondholders based on the rate, payment frequency (monthly, quarterly, annually, etc.) and for the term (6 months, 1 year, 10 years, 30 years, etc.)   More...