Estate Planning
08 - August 2017
How can a little planning protect your assets and your family?
Posted by : ProMedica FCU
View : 763
We make five-year life plans, savings plans, and even dinner plans, but what about the plan for when the unthinkable happens and we are no longer here to care for our families? Nationally, only 42 percent of adults in this country have estate planning documents such as a will or living trust, according to a Caring.com survey. The numbers in Ohio are slightly more encouraging; with 57 percent saying they have a will in place stipulating who will care for their children in the event of the parents’ death, according to results from the Ohio Credit Union League’s 2017 Consumer Survey.
Back -To-School
27 - July 2017
Shop Smart and Save this Back-To-School Season
Posted by : ProMedica FCU
View : 806
Even though summer has just begun, pretty soon it’ll be time to focus on the school year ahead, and if your family is like most, you’re already thinking about purchasing school supplies for the upcoming year.
Emergency Savings
10 - July 2017
Nearly a Quarter of Americans Have No Emergency Savings
Posted by : ProMedica FCU
View : 702
Nearly a quarter of Americans have no emergency savings, according to a new report from Bankrate.com. However, the percentage of those without an emergency fund currently sits at a six year low, down to 24% this year from 28% last year. Additionally, Americans with an adequate savings cushion – enough to cover six months’ expenses […]
Mortgage Rates
21 - June 2017
Mortgage Rates Remain Near 7-Month Lows
Posted by : ProMedica FCU
View : 693
Mortgage rates touched seven-month lows early this month, and stayed there last week. According to Bankrate.com’s weekly national survey, the benchmark 30-year fixed mortgage rate inched lower last week, moving from 4.04 percent down to 4.02 percent. The larger jumbo 30-year fixed nosed up to 4.00 percent, and the average 15-year fixed mortgage rate settled […]
Car Prices
14 - June 2017
Car Prices: Something Funny Is Going On
Posted by : ProMedica FCU
View : 695
People are paying way too much for new vehicles these days, with average transaction way out of whack with average household incomes. According to Kelley Blue Book, the estimated average transaction price (ATP) for light vehicles in the United States was $33,261 in May 2017. According to the government, the median household income in the U.S. was $56,000 in […]
Identity Theft
02 - June 2017
Consumers, be wary: Identity theft is on the rise
Posted by : ProMedica FCU
View : 641
If you’ve been a victim of identity theft, you’re not alone. Thirty-three percent of Ohioans reported that they’d been victimized by fraud and/or identity theft in a year-end 2016 survey conducted by the Ohio Credit Union League. More could have suffered at the hands of fraudsters without knowing it yet. In 2015, Ohio had the […]