Blog

At Polam FCU, not only do we strive to provide you with the best financial services possible, we also want to share some guidance and expertise. Peruse our blog for the latest industry news and information relevant to you.

Jul 172017

Retirement Planning for Millennials

Posted on July 17, 2017 Blog, Group A

  While the Millennial generation gets a bad rap for quite a few things, a perceived lack of interest in retirement planning seems to hover near the top of the list. According to Investopedia.com, “Millennials have been plagued by poor economic conditions that have made it difficult to get and keep a job, especially one that matches their skills and expertise. Many Millennials also face crushing student-loan debt that makes it difficult not only to save for retirement, but also to buy a house or think about starting a family.”   With such daunting challenges, it’s no wonder some Millennials

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Jul 112017

Super Easy Ways to Automate Your Savings

Posted on July 11, 2017 Blog, Group A

  In a recent study, the Federal Reserve Board discovered that 46 percent of Americans wouldn’t be able to come up with $400 when faced with an emergency or unexpected expense. Are you part of that group? Across the globe, banks and other financial institutions are seeking new, easier and more creative ways to help account holders save more of their hard-earned paychecks. Let’s take a look at a few options.   Connect Everything. According to Ramit Sethi, author of the bestselling book “I Will Teach You To Be Rich,” you can cut down on the time and effort it

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