Financial Literacy Blog
Exploring UCU’s Checking Account Options: Finding Your Perfect Fit
September, 2023 Choosing the Right Fit for You Selecting the best UCU checking account for you depends on your lifestyle and financial goals. Here are a few steps to help you make an informed decision: University Credit Union’s range of checking account options, including Kasasa Cash Back®, Kasasa Cash®, Custom Checking, and Free4Me, Premier Checking,…
Employee Spotlight: Cody Faloon, Business Services Manager
September 12, 2023 Cody Faloon, our Business Services Manager here at University Credit Union has worked at UCU for 16 years in various roles where he has come to meet and get to know many of our members. He’s also close with the UCU community, having grown up in the area and going to school…
Depositing Funds. Earning Interest. Reaching Goals!
July, 2023 While stuffing a piggy bank may have been the savings method of choice in your younger years, you don’t have to be a financial expert to know this strategy should be left behind in childhood. As a busy individual with complex financial needs, you deserve a better alternative to simply holding on to…
Scams & Fraud: Understanding Risks and Avoiding Traps
June 1, 2023 Scams and fraud are more common than we think. It is important to stay up to date on trending scams to help protect yourself and stay ahead of fraud before it happens. Understanding Risks Associated with Common Scams & Fraud: Medicare/Health Insurance Scams: Banking Scams: Telephone Scams: Internet Fraud: Social Media Scams:…
Home Buyer Education is for Everyone
May, 2023 When we think of home buyer education resources or classes, first-time home buyers with no previous home-buying experience likely come to mind. However, there are many reasons why everyone should take advantage of home-buying education opportunities like those available at UCU. This blog covers some of the reasons why: Buying a house is…
Prioritizing Financial Fitness for Teens
April, 2023 April isn’t just tax season, it’s also financial literacy season! April is both National Financial Literacy Month and National Credit Union Youth Month, providing a little inspiration to get your teen more financially fit. Even more inspiring is the vision of your teen learning to better navigate the financial world, acquiring the money…
Putting U First
…“U” first. We care about our community, and as a Maine credit union, we live the people helping people philosophy that is our foundation. During this moment of uncertainty as…
2022 President’s Message
February 15, 2023 Throughout 2022, we were faced with some of the most challenging economic conditions in decades, including an uncertain rate environment and rising inflation. UCU navigated all of this with dedication and focus to be here on an individual level for each of our member-owners. Despite the challenges, in 2022 UCU continued to…
Best Way to Buy a House in 2023
February 21, 2023 In 2020, the experience of buying a home in Maine seemed to evolve overnight. From bidding wars and price hikes to properties getting snapped up in minutes, the challenges were endless. Fortunately for first-time home-buyers, the 2023 home buying season will likely be very different than what buyers experienced over the last…
Preparing for the holidays, and how your UCU credit card makes it easy
December 15, 2022 The holiday season is officially in full swing, bringing with it many opportunities for gatherings, traditions – and spending. With so much to do, bake, eat, make, wrap, give and buy, we know it’s nice to have a little help, something to make all your holiday preparations convenient, rewarding, and secure. That’s…
