Blog

The financial industry has always been at the forefront of technological innovation, with the ever-increasing need for efficiency, accuracy, and security. In recent years, AI (Artificial Intelligence) and other emerging technologies have been revolutionizing the way…

In today's economic landscape, many individuals are grappling with the challenges of rising interest rates and increasing inflation. These factors can make it seem like an uphill battle to build and maintain savings…

In an increasingly digital world, staying vigilant against scams and fraudulent activities has become more important than ever before. Scammers are constantly evolving their tactics to trick individuals, including our members, out of their hard-earned money…

It is common knowledge that identity theft has the potential to wreak havoc in our lives. Today, we will discuss what happens when someone attempts to steal your identity, what you can do to…

Since credit unions aren’t looking to turn a profit, they are able to return earnings to their members in the form of higher dividend rates on savings accounts and lower interest rates on loans and credit cards. According to the National Credit Union Administration…

In this blog we are exploring three common money myths! Our responses to these myths are not always true across the board, and some people’s situations may require a more in-depth and personal look…

It is never too early to start planning for your retirement. An Individual Retirement Account, or IRA, allows individuals to do just that by saving money for retirement in a tax-advantaged way…

Though they may be hard to part with, we think that by cutting these expenses from your budget, or at least trimming them down, you will be able to save more right now and therefore invest more into your future…

Have you been dreaming about a new home or improving the home you are in? What is a Home Equity Line of Credit?…

Today we are discussing the importance of direct deposit for filing your tax returns. We will be covering the various benefits of having direct deposit, from how easy it is to use to how it protects users from fraud…

Hello! Coloramo FCU is excited to be starting our new blog on our new website, where hopefully members will gain some helpful advice and financial tips. For our first blog post, we will be going over the stigma of credit cards and how to manage them…