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.

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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.

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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.

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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.

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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!

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Save while you spend with Change Jar!

Have you heard about Credit Union of America's new Change Jar? Just like throwing pennies in a piggy bank, Change Jar makes saving easy. Sign up in digital banking, today! 

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Membership Share Account Minimum Balance

Effective January 3, 2022, CUA’s share balance requirement changed.  Previously a $25 deposit was required in the share/savings account for membership benefits.  Now it’s just $1. 

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Teaching Your Child to Save – Teach a Habit

When it comes to financial literacy and teaching our children how to save, it is a task we should exercise frequently. We’re actually teaching a habit that can help them throughout their lives. And as we teach and help them practice these skills, even in the smallest of ways, we can learn or reinforce our own skills.

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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

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