Credit Union of America - News | Credit Union of America

Pros and Cons of Certificates of Deposit

Higher interest rates have sparked renewed interest in CDs. Let’s take a closer look at the pros and cons of a certificate of deposit and some of the types of certificate accounts now available. We’ll also consider how the advantages and disadvantages of certificates of deposit add up for different types of investors.

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.

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.

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!

Looking for Cash or to Pay Down Debt?

Whether you need to save, pay down debt, keep from getting behind with your bills, or you’re dreaming of a vacation when the Pandemic is over, small steps can give you big results. We’re now well into 2021 and the holidays seem in the far distance, but the money, the money we spent over the holidays is showing up on various statements