Aug 142017

Finances and Back-to-School Season: Helpful Tips

Posted on August 14, 2017 Blog, Group A

  It feels like that back-to-school day comes earlier and earlier each year – most likely because in many places, it does. One minute you’re on a family vacation across the country, and the next, you’re stocking up on new clothes and backpacks. According to the National Retail Federation’s 2017 survey, parents will spend about $670 just getting one child ready to go back to school. So how can parents send their kids into the next grade and not just avoid breaking the bank, but saving money in the process? It’s possible. When it comes to anything from new backpacks

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Aug 072017

Polam Profiles: Jan Karpowicz – Branch Manager

Posted on August 07, 2017 Blog, Group A

  Conversations over Coffee: New Britain Branch Manager Jan Karpowicz As the branch manager for the Polam Federal Credit Union branch in New Britain, Connecticut, Janek Karpowicz definitely has his hands full running the only Polam FCU branch on the East Coast. And not only has he successfully managed his branch for the last 11 years, he and Polam also work to make huge strides for the Polish-American community in New Britain. “The world of banking is full of competition,” Janek told us. “Our New Britain branch strives to be the best. This starts with the relationship we build with

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Aug 012017

Money-Saving Vacation Tips – A Few Hidden Secrets

Posted on August 01, 2017 Blog, Group A

  Whether you’re traveling solo, with children or with friends, the cost of travel can really add up and push you over budget. You don’t need to be rich to have the vacation of your dreams – you just have to have a bit of creativity when it comes to how you spend and what you buy.   Before you start making reservations, there are a few things to consider, and we have a number of incredibly useful tips regarding the best way to make your trip financially stress-free.   As you’re planning ahead for your vacation, enroll in the

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Jul 252017

Polam FCU – Online Bill Pay and Why It’s So Popular

Posted on July 25, 2017 Blog, Group A

  When you look at the number of bills you pay each month, how long do you spend paying them? Whether it’s electricity, credit cards, mobile phone, Internet, or student loans, it can be overwhelming waiting for your payment to clear, especially if you pay by check. As a valued member of Polam Federal Credit Union, it’s easy to remove the stress from paying bills each month with Polam Online Banking. Not only will you save money on stamps and envelopes, you’ll also have peace of mind when it comes to your money and security. Think of the simplicity of

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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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Jul 042017

43 Years of Service and Still Going Strong!

Posted on July 04, 2017 Blog, Group A

  The picture of Northern California was much different in the late sixties from what it is today. Sunnyvale, Walnut Creek and Milpitas were still rather small rural towns with orchards dominating the landscape and none of the technology parks and glamorous office buildings so prominent now. Similarly, the Polish community in the area was much smaller and thinly spread over a huge territory except for a few pockets in San Francisco, Oakland, Monterey and Sacramento, and with the Polish Hall in San Francisco being the main center of activity. The Polish American Congress of California was the leading organization,

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Jun 272017

Summer Energy Saving Tips

Posted on June 27, 2017 Blog, Group A

    Summer is here, and your energy bill is already skyrocketing. What can you do?  Whether you live in a house, condo, or apartment, summer presents a challenge to everyone’s finances. If you’re on a tight budget, here are a few cost-saving tips to reign in your runaway summer energy bills.   Quick Home Energy Audit. You don’t have to shell out the extra cash to hire an energy auditor–you can do your own home energy audit! First, check your home for places where air tends to leak (in or out). Doorways and windows are usually the biggest culprits.

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Jun 212017

Supplies to Save Your Summer Road Trip

Posted on June 21, 2017 Blog, Group A

  It’s that time of year again–when the sun is out, the skies are clear and it’s time to hit the road! If you’re gearing up for your next adventure, here’s a list of four essential items to ease your worries before you hit the road.   Old Fashioned Paper Maps. In an age when smartphones lurk in almost every pocket, it may seem redundant to bring a paper map on a road trip. It isn’t – it’s good planning. Many of our national parks have large sections where it’s impossible to find a cell phone signal. If you’ve ever

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Mar 032016

Security Chip Technology Helps to Reduce Fraud

Posted on March 03, 2016 Blog, Group A

  Chip-enabled debit and credit cards are becoming the standard for businesses and consumers. You may have noticed over the recent months that your credit unions or banks have begun to issue new debit or credit cards with a small metallic chip known as an EMV chip. The goal of this technology is to aid in the efforts of decreasing consumer fraud by adding an additional layer of security. According to a report published by Javelin, about 31.8 million U.S. consumers had their credit card information stolen in 2014. This is a growing problem that EMV chip technology seeks to

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