Travel
09 - May 2017
Travel Smarter and Save Bigger this Summer Vacation
Posted by : ProMedica FCU
View : 636
Spring flowers are in full bloom, which can only indicate one thing: summer is nearly upon us. For many, that means it’s time for a well-deserved vacation with family and friends. In a year-end 2016 survey conducted by the Ohio Credit Union League, an overwhelming majority of respondents, 71 percent, are planning to get some […]
Debt
02 - May 2017
Drowning In Debt
Posted by : ProMedica FCU
View : 581
Nearly three quarters of Americans are struggling with debt and the burden is significant in terms of both size and duration, according to a new study from insurer Northwestern Mutual. The company found that, among Americans with debt, 4 in 10 (45%) spend up to half of their monthly income on debt repayment. Nearly half of […]
Mortgage
24 - April 2017
Mortgage Rates Do an About-Face
Posted by : ProMedica FCU
View : 536
Mortgage rates started the year on a tear, continuing an upward trend that push them to highs not seen in years. There was one-party rule in Washington! A new president who wanted to spend a trillion on infrastructure! An aggressive Fed eager to push interest rates higher and higher! And then, reality set it. First, […]
Financial Literacy
11 - April 2017
Why financial literacy isn’t just one person’s responsibility
Posted by : ProMedica FCU
View : 693
Since 2003, April has been designated “Financial Literacy Month” by the federal government, and for good reason. Although most would agree it’s important for people to learn (preferably early) the life skills that set them up for financial success, studies consistently indicate Americans are generally not sufficiently educated about their personal finances. Respondents in the […]
Vacation
15 - March 2017
Does Vacation Shaming Keep You from Relaxing?
Posted by : ProMedica FCU
View : 460
U.S. workers are feeling more guilt than ever before about planning and taking their vacations, according to a new survey from Alamo Rent A Car. Overall, the rental car firm’s Family Vacation Survey  around half (49 percent) of all American workers report feeling vacation shamed – being made to feel shame or guilt by co-workers […]
Technology
06 - March 2017
How is technology changing the way consumers manage their finances?
Posted by : ProMedica FCU
View : 493
Consumers rely on their financial institutions for multiple reasons and define their convenience based on their habits. As technology continues to evolve, these habits are drastically impacted. In a time when smartphones are becoming more and more integral to consumers’ daily lives, financial institutions are increasingly using mobile devices to provide services to their customers. […]