savings account

Checking and savings accounts: A wise choice

How can you keep your money safe and manage your money wisely? Easy! Just open a checking and/or savings account in a federally insured bank or credit union. NCPW partner Consumer Action offers a brochure to help people understand that banks and credit unions generally offer their account holders free or low-cost services, such as free check cashing or low-cost money wiring. This can save you money because a checking account can be a less costly alternative to using check cashers or prepaid cards. Continue Reading >

NCUA’s adventure game “Hit the Road” helps young people learn money skills

National Financial Literacy Month is upon us, and there are a lot of resources available to help consumers, particularly young people, become more educated about money. Promoting financial literacy is a year-round commitment for the National Credit Union Administration. Continue Reading >

Now’s the time to start a savings plan

April is financial literacy month, and what a better way to celebrate than starting a savings plan.

No matter your stage of life, it’s important to have savings: Whether it’s for a special purchase, a college education, your first home, retirement, or an emergency fund. But just how do you get started and stay on course? Here are a few tips to help you reach your savings goal. Continue Reading >