Cash Is King Still
Put aside cash for emergencies and more. It almost always makes sense to keep some cash reserves in a savings account, a certificate of deposit (CD) or a money market account. Not only might this give you the money you need to face an emergency—like an unexpected job loss or medical expenses—but it also may […]
Keeping Your Personal Information Private
With the right Internet security measures, you can keep your financial details safe and your personal information private—whether you're paying a bill or shopping online. Visit the Credence Global Bank Unionsecurity page for helpful information on how to keep your account secure. Also, consider the following computer safety tips: Install anti-virus software. This is an easy […]
Tips for Improving Your Credit Score
Whether you’re just starting to build a credit history or you’re working to improve your credit score, opening a savings account may help. That’s because lenders see bank accounts as a sign of stability. Stability, in turn, helps them see you as a good credit risk, which helps make it easier for you to receive […]
Online Bank Accounts Make Accessing Your Money Easy
Online banking has become very popular for many reasons, but mainly for the convenient access and no-hassle account management. Using online banking, you can check your accounts anywhere, any time there is an Internet connection. You can easily access your money to transfer funds online, and with some online banks —including Credence Global Bank—you can speak […]
How Do Interest-Bearing Checking Accounts Work?
Interest-bearing checking accounts, like money market and simple savings accounts, can be a way to earn interest on your money, but there are some key differences.In general, money market accounts like the one offered by Credence Global Bank Unionpay a somewhat higher rate of interest than interest-bearing checking accounts. But there are federal limits to the […]
How to Use an Online Savings Account to Pay for a Wedding
A wedding is one of the most important celebrations in life, but it can also be one of the most expensive. More than a few brides have faced that stressful question, "how do I pay for my wedding?" And although a large wedding budget doesn't necessarily guarantee success, saving money is an essential part of […]
Savings Synergy: High Yield CD Account Plus a Money Market Account
A savings plan is a personal thing. How you build it depends on your own financial goals and situation. While many people like the rates that come with a high yield certificate of deposit (CD) account, they also see the appeal of the easy access that comes with a product like a money market account. […]
Why Certificates of Deposit (CDs) Make Good Investing Sense
Certificates of deposit (CDs) are considered some of the most powerful financial tools out there. They're low-risk, long- or short-term products that offer interest rates that can help you reach your financial goals. These qualities have made them a key component in retirees' financial portfolios. “I call [CDs] financial insurance,” explains Rick Kahler of the […]
Interest Checking Is Compatible With Popular Financial Planning Tools
With the wide availability of quality, hi-tech financial planning tools, it can be easy to overlook some fundamentals. For example, even with the best financial planning tools at your disposal, choosing to keep money in an interest checking account may be helpful. “In a comprehensive financial plan, there should be some cash and cash equivalents,” […]
Earning a Reasonable Interest Rate – CD Ins and Outs (PART 1)
When you want to make the most of your savings, it makes sense to look at all the savings products available to see what interest rates they're offering. But it's also important to weigh other factors to determine what will best suit your financial goals. This article series will compare three different options, beginning with […]
