How Mortgage Insurance Works

It's hard to imagine here in Lancaster, PA, where we are facing a new Winter Weather Advisory, but we're less than 2 months away from spring, ushering us into home-buying season.  The snow melts away, the lawns are a little greener and house hunting … [Read more...]

Online Banking For Your Small Business: How To Protect Yourself

If you're a small business owner, you want to make sure you're protecting your company’s assets and funds. Whether you're the one doing the book work or have someone else doing your finances, you need to be using best practices when performing online … [Read more...]

Tax Preparation: What Tax Forms Do I Need?

We’re getting closer to nobody’s favorite season of the year…tax season.  And even if you’re fortunate to earn yourself a refund this year, there’s a lot of work that goes into it.  Maybe this is the first year you’re filing taxes, or maybe this year … [Read more...]

Signature Loans: What They Are and What They Aren’t

Offered by almost all credit unions, signature loans are available for a wide variety of uses. Pretty much whatever the borrower needs the funds for. The term “signature” loans comes from the fact that all the borrower needs to supply in return for … [Read more...]

Should I Purchase The Extended Warranty For a Big Ticket Item?

Are you eyeing up a new big screen TV for this weekend's big game? Aside from the day after Thanksgiving, the week leading up to the Super Bowl is one of the most popular times of the year to purchase a new TV. And although you're likely to find a … [Read more...]

How Balance Transfers Work: The Good, Bad & Ugly

In a previous post I discussed the downside of store credit cards that are offered during peak shopping seasons (and really, all year long).  If you have succumbed to one of these high interest rate cards, you may be starting to feel the effects.  … [Read more...]

What Is Overdraft and How Can It Be Prevented?

The first question is easy to answer. What is overdraft? An overdraft transaction is an item that gets paid out of your account even though there are not enough funds in that account at the time the item was trying to clear. As far as how you can … [Read more...]

Insurance Definitions You Won’t Need An Agent to Understand

Imagine being dropped in a foreign land and not having a real grasp on the language they speak. And now imagine having to conduct a business transaction or plan for your financial future without a firm grasp of the language. I often wonder if … [Read more...]

Credit Union News: What to Expect in 2015

I've been giving a lot of thought lately to what 2015 will have in store for the credit union industry and our member-owners.  Here are a few items that I believe will be the focus of credit union news in this new year: #1 - Continued rise in … [Read more...]

4 Financial Resolutions To Start Any Day of the Year [Downloadable Family Budget Worksheet]

Who says resolutions have to start on New Year's Day?  Get yourself started whatever day you feel inspired.  I've outlined a few financial goals that you can begin whether it's January 1, August 1 or a random Tuesday in November. #1: Look at the … [Read more...]