Financial Literacy Blog

World Elder Abuse Awareness Day

Identify and Avoid Scams This World Elder Abuse Awareness Day

June 13, 2024

June, 2024 – by Jake Holmes, Maine Credit Union League Blog provided by the Maine Credit Union League Fraudsters and scammers are ever-evolving, deceptively clever, and relentless in their attempts to obtain peoples’ money and personal information––making it essential to stay educated and up-to-date on the latest scam trends. Sadly, a growing trend of those…

Crypto ATMs: What to Know

June 6, 2024

June 6, 2024 Blog provided by the AARP Fraud Watch Network If you’re like most Americans, you walk right past a tool used to steal a reported $35 million from US consumers last year each time you go out for groceries. Cryptocurrency ATMs are often colorful kiosks that are popping up in supermarkets, convenience stores,…

Cool Tip: Freeze Your Credit!

April 25, 2024

April 2024 Temperatures might be on the rise but it’s smart to keep your credit report on ice. By Abbey Ramsay, Consumer Lending Manager, AVP You may have heard about freezing your credit but might not know what that means. Well, we are here to help defrost any confusion. A credit freeze is a voluntary…

UCU Has Earned the AARP BankSafe Seal

April 25, 2024

April 2024 We’re thrilled to share that we have earned AARP’s BankSafe Trained Seal in recognition of our unwavering dedication to protecting our elder members from financial exploitation. The BankSafe designation is earned after over 80% of an organization’s frontline staff completes AARP’s comprehensive BankSafe training. Jilenne Gunther, National Director of AARP’s BankSafe Initiative, is…

Tips for Getting Financially Fit for Financial Literacy Month

March 22, 2024

March 2024 At UCU, we know that reaching your financial goals is essential – and when you know more about money management, you are more likely to navigate financial challenges successfully and achieve those goals. With April being Financial Literacy Month and Credit Union Youth Month, there has never been a more appropriate time to…

What’s Next in Fraud

February 23, 2024

February 2024 As technology advances, you can expect fraud techniques to get more sophisticated. Today, fraud is a booming business, valued in the billions of dollars nationwide each year. What can you expect and, even more important, what can you do about it? Educating yourself is the best step, so read on for our insights…

Make Your Money Work for You

January 24, 2024

January 24, 2024 In tight financial times, every dollar counts more than ever. You work hard for your dollars, so it’s important to make your dollars work hard for you too! Follow these tips to help maximize the impact you can make with your money. Go for High Yields One fundamental way to make your…

Q&A with Amanda Allen and Maddy Gray, Certified Credit Union Financial Counselors

December 16, 2023

January 2024 While many look forward to a new year and a fresh start, this time of year can understandably bring heightened financial stress and challenges, especially after a period of increased spending during the holiday season. The good news is UCU has Certified Credit Union Financial Counselors who can help ease your stress with…

Holiday shopping season with UCU credit cards.

Wise Ways To Use Credit This Holiday Season

December 7, 2023

December 7, 2023 Credit cards make it easy to navigate the additional spending you are likely to encounter this holiday season. For some people, that additional spending may come too quickly. Because credit card purchases can cause financial strain if left unchecked, creating a spending plan for your season and following a few simple tips…

UCU’s Consumer Lending Team Adds Extra Value to Your Loan

November 20, 2023

By Abbey Ramsay, Consumer Lending Manager, AVP. November 20, 2023 In Consumer Lending here at UCU, we work with you through some of your biggest purchases, whether that be an auto, boat, camper loan, you name it. From an everyday Chevy to a Porsche 911, or a Mercedes to a motor home, we probably have…