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.

Jan 242018

Why Millennials Should Choose a Credit Union

Posted on January 24, 2018 Uncategorized

  Since the Great Recession in 2008, millennials have become more and more cautious about the security of their money and banking overall. It’s not uncommon for a millennial to be distrusting of financial institutions, but many don’t know they have other options.   Credit unions are smaller than banks, and when you join, you become a member and co-owner, which is why we believe credit unions like Polam FCU are a great choice for any millennial who’s looking for a better banking experience. Here are a few reasons why we feel this way.   You’re not just a member,

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Jan 162018

Understanding Your Credit Score

Posted on January 16, 2018 Uncategorized

  Regardless of whether you’re starting to build credit for the first time, or you’ve been building credit for decades, it’s not hard to get confused about how your credit score is calculated. There are a seemingly endless number of factors that go in the makeup of your credit score, including but not limited to payment history, credit use and utilization, and the number of accounts you have. One of the most important first goals you should have in terms of your financial goals is understanding your credit score, how it’s calculated by major financial institutions, and how you can

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