Here for U: Financial Literacy Blog

By Abbey Ramsay, Consumer Lending Manager at UCU It’s inevitable that at some point we will need to navigate the winding road of purchasing a new vehicle. Not to fear! Hop on into the passenger seat while we take a quick ride through the process. Budget Of the many questions you will face while finding…

Have you added your UCU cards to your digital wallet? As we begin to get out and about, frequenting stores such as grocery stores or gas stations, they likely accept contactless payments. This includes Apple Pay, Samsung Pay and Google Pay. These payment methods work by storing your card information within your phone’s ‘wallet’ and…

June 12, 2019 If your big picture goal is to save towards that dream vacation to Hawaii or that sports car you want to drive with the top down, you should first take a look at your daily expenditures. When you add up your daily grind expenses you may be surprised at the amount of…

June 11, 2019 Senior financial exploitation and fraud is the illegal or improper use of a senior’s resources for another’s profit or advantage. Exploitation usually involves someone the senior knows, such as a family member or caregiver. Fraud is usually perpetrated by a stranger, such as a telemarketer or investment promoter. Experts in elder fraud…

February 13, 2019 By April Gleason, VP of Lending In the middle of a cold Maine winter, it’s easy to find yourself longing for the refreshing warmth and feeling of opportunity that arrives with spring. If you’re thinking about buying a home this spring, you may be feeling extra antsy for the snow to melt…

February 10, 2019 It’s February, and chances are, your New Year’s resolutions to save more, pay down debt, and spend less have already fallen to the wayside despite the best of intentions. You may be asking yourself, “How does this always happen?” You start the year enthusiastic and ready to make a change, but daily…

September 18, 2018 By April Gleason – Vice President of Lending Here in Maine, we enjoy one of the highest rates of homeownership in the country at over 71 percent as of 2017, according to the U.S. Census Bureau. This isn’t surprising considering Maine’s rental market is among the least affordable in the nation, according…