What are Mutual Funds and How Do They Work For You?

When talking about personal finances there are few phrases that cause peoples’ eyes to glaze over faster than “mutual funds.” When it comes to saving your money and growing your money, you don’t want to enter into the unknown. And although the amount … [Read more...]

Debit Card or Checkbook? The Benefits of Both.

Ah, the lost art of balancing a checkbook.  Writing a check while standing in line at the grocery store and immediately noting the transaction in your tiny-lined ledger. A tight space swarming with notes and numbers. Receiving your financial … [Read more...]

10 Benefits of Being a Credit Union Member

Local credit unions have been gaining notoriety and popularity in recent years, and for good reason. While they are owned and governed by their members, memberships are easily attainable. Local credit unions are not the exclusive financial … [Read more...]

What You Should Know About Auto Financing – INFOGRAPHIC

Do you remember when you turned 16, and the freedom that came with getting your driver’s license?  Even now, when turning 16 is a bit of a memory, the feelings of excitement and adventure still rush back when buying a new car. But there is a lot … [Read more...]

How To Safely Make Online Purchases

With a busy lifestyle, shopping online and even buying from TV have become the quick and easy ways to buy the things we need. But do you ever give pause and worry about the possibility of debit card or credit card fraud that can come with the ease of … [Read more...]

10 Online Banking Best Practices – Part 2

In Part 1 of this blog series, I laid out the first 5 tips for better online banking best practices, which included installing anti-virus and anti-malware software, installing anti-exploit software, not saving your login information, avoiding public … [Read more...]

10 Online Banking Best Practices – Part 1

When it comes to online banking best practices, there are plenty of ways to protect yourself, and your money, from possible fraud or compromise. Here at Lancaster Red Rose Credit Union, we want all our members to understand the threats out there and … [Read more...]

How Credit Union Mortgage Lending Differs From Bank Loans

In 2014 credit unions across the country celebrated a huge milestone- we broke the 100 million member mark nation-wide. While some people may still view credit unions as offering very basic savings and checking options, in reality, our members are … [Read more...]

Creating a Family Budget is Necessary in Today’s Economy

There are several milestones in your life when it may be necessary to evaluate your personal finances and create a family budget. Expecting a new baby, making a big career change, or taking that big step to reduce debt are just a few life events that … [Read more...]

The Quick and Dirty Guide to Finance Planning and Investment

Finance planning is crucial. Whether you have little money or tons of money to your name, it’s all the same. Everyone has financial goals therefore everyone needs a financial plan. For some, financial goals may be to donate to a charity every year, … [Read more...]