Credit Union of America - News | Credit Union of America

Money Market vs. Savings Account | Which One Is Better?

Money market accounts and savings accounts are two types of popular investments you can use to grow your savings. There are some important differences, however, that may make one a better choice than the other for your needs.

Types of Savings Accounts to Reach Your Goals

It’s never too early (or too late) to start saving, but putting away those first few dollars and sticking with it over time takes commitment, planning, and savings products that work for you.

Here we take a look at the full range of savings account options offered by Credit Union of America (CUA) and consider how best you can use each to reach your financial goals.

Can You Refinance Land Loans?

If you took out a land loan and are unhappy with your rates and terms, you may be wondering if you can refinance your existing loan with another lender. The short answer is, yes. Refinancing your land loan may give you the chance to lower your rate and adjust your loan term to better suit your needs.

Credit Unions are Safe. Credit Union of America is Safe.

With the recent bank failures in the news some might wonder if their funds are safe in their local credit union. A most reassuring fact is that "no one has ever lost a single penny of insured share deposits within the credit union system," Todd Harper, the National Credit Union Administration (NCUA) Chairman, announced in a recently released statement.

Where to Put Money During a Recession

With high interest rates, slowing growth, and large falls in stock values, many experts now expect the U.S. to enter a recession in the coming months. Do you know where to put money during a recession? We look at some safe places to stash your cash while still allowing it to grow.

Types of CDs to Maximize Your Earnings

A certificate of deposit (CD) is a great way to invest your money. It typically offers a higher interest rate than a savings account, and some types allow you to add more money throughout the term.

Not all CDs are alike, however. Some offer important benefits and features that may make them a better choice for your needs. The following are five types of CDs that Credit Union of America offers.

How to Build an Emergency Fund (Guide)

Many financial experts recommend building an emergency fund to stop unforeseen expenses from turning into debt or long-term financial difficulties. We break down how to build an emergency fund and take a look at some tremendous risk-free ways to turbo-charge your savings.

Holiday Fraud and Scams

As the holiday season approaches, CUA is seeing an increase in fraud against our members. Financial fraud is not specific to CUA members. Here are the most common scenarios and tips for keeping your financial information and accounts safe.

Credit Union vs. Bank Mortgages: What's the Difference?

If you’re in the market for a mortgage, you may be wondering the differences between a credit union mortgage vs. bank mortgage. Click here to learn more!

Financial Adulting 101 (a beginner’s guide)

As we start to understand the value of money and walk out into the world away from the safety of our parents, no one gives us a manual on "adulting." As a result, none of us are totally prepared for living on our own, paying the bills, saving for the future, and handling those unexpected surprises. Surprises occur over our entire lifetime, and while practice helps, preparation makes them less stressful. We’ve all heard, "prepare for the worst and hope for the best." It’s not a bad saying, but hope doesn’t directly make things happen. Hope is good for maintaining a positive attitude, but preparation takes hope even further.