Feb 212018

Getting Started With Retirement Savings

Posted on February 21, 2018 Uncategorized

  It can be easy to have an idealistic and positive view on your retirement. Whether you envision yourself laying on the beach on a permanent vacation, or you just want to enjoy your golden years with your loved ones, the notion of retiring and not having to work again is idyllic and exciting. However, retirement preparation is essential for everyone, and it allows you to plan for a number of variables.   With that in mind, here are a few of our tips on starting your plan for retirement, and why each one is important:   Figure out what

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Feb 132018

How to Start Saving

Posted on February 13, 2018 Uncategorized

  Saving money can seem like a huge feat, but in actuality, it’s really easy to get started. Whether you want to save for something big like a new car, or something small like concert tickets, it’s never been easier to get the ball rolling with a new savings account.   With banking technology improving every day, we’ve come up with a number of tips on how to start saving money in a stress-free way. Here are a few of our favorites:   Open a savings account. This is a sort of “thank you, Captain Obvious” answer, but it’s the

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Feb 072018

Valentine’s Day – Saving Money on Your Date Night

Posted on February 07, 2018 Uncategorized

  Valentine’s Day is quickly approaching, and for those who enjoy celebrating the most romantic day of the year, they know that there’s no dearth of ways to show love for your partner, your family or your friends. However, this holiday has been known to be costly, as flowers, chocolates, a nice bottle of wine and a night out can really add up. According to Bankrate’s 2017 Be My Valentine Index, Valentine’s Day in the United States amounted to $580.98 per couple.   However, you can shower your loved ones with affection without breaking the bank. While it can be

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Jan 312018

The Power of Buying American

Posted on January 31, 2018 Uncategorized

  In this day and age, it can be difficult to buy products that are made in the United States. We live in an era of outsourcing, as it cuts overhead costs for big businesses and materials are cheaper to buy overseas. If a company can save a chunk of money by moving operations to another country, they have less incentive to keep their productions here in America.   However, you’ll be relieved to know that despite this, it’s still easy to buy American, and what’s more, you can do your part as a consumer to make your purchases count.

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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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Jan 102018

Owning a Dog – What Costs to Expect

Posted on January 10, 2018 Uncategorized

  Dogs are commonly known as “man’s best friend” – and few would dispute that notion. Adopting a four-legged friend into your family is one of the best things you can do for the critter you welcome into your home, and having a dog can also be incredibly therapeutic. Winter is often a popular time to adopt, because the chilly weather can leave people wanting to bring home a warm, cuddly puppy.   However, as we all know, adopting a dog can add a number of expenses to your budget. Some of these costs are pretty obvious, whereas some are

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Jan 032018

New Year’s Resolutions and Your Finances

Posted on January 03, 2018 Uncategorized

  It’s the first week of 2018, and people everywhere are outlining their New Year’s resolutions. So many people around the world make resolutions related to their finances and fiscal responsibility, as there is no dearth of ways one can make improvements to how they manage their finances. Whether it’s something as simple as cutting out one frivolous luxury a week, or as complicated as a complete overhaul of their recording systems, the resolution possibilities are seemingly endless.   As part of our mission to give our members a better banking relationship, we have a few ideas for good New

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Dec 272017

Banking with CO-OP ATM Network

Posted on December 27, 2017 Uncategorized

  Polam FCU is always striving to provide a better banking experience for our members, and part of doing that is making sure you have the best access to your finances when you’re on the go. We are proud to announce that we’ve moved from our partnership with Bank of the West to CO-OP Network for ATM service. This new relationship increases your access from roughly 700 surcharge-free ATMs to more than 30,000 around the United States and in 10 countries abroad.   Here are a few reasons why this new partnership is great for continuing our goal of giving

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Dec 202017

Online Banking – A Quick Guide to Simplifying Your Finances

Posted on December 20, 2017 Uncategorized

  For some people, online banking is second nature when it comes to their finances; with just about every financial institution having their own app, it’s incredibly easy to take care of your bills and bank accounts with a few finger taps. But for those who are used to a more “old school” way of managing their money, online banking can come off as unsecured and difficult to understand.   However, many people would be surprised to know that that’s not the case. Financial technology has been booming over the last several years, and it’s getting more secure, more simple,

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