Why a New Bedford Credit Union is Better Than a Bank

With so much negativity in the news today about banks and the banking system in general, many Americans are looking at alternative ways to conduct their personal money matters. Most people just need a simple checking and savings account in order to pay bills, cash paychecks and hopefully have a little leftover to put aside […] Read more »

When Is the Best Time of Year to Buy a Car in Massachusetts?

There are a lot of theories out there regarding the best time of year to purchase a brand new car. Some will tell you that Tuesdays are better than weekends, while others swear that the holidays bring out the best bargains. The truth is, the best time of year to buy a car in Massachusetts […] Read more »

Is a Money Market Account the Best Investment for You?

One of the benefits of becoming a member at your local New Bedford credit union is all of the savings and investment opportunities that are available to choose from. Beyond the basic checking and savings accounts, credit union members can invest in money market accounts, certificate of deposit (CD) accounts and IRA Share retirement accounts. […] Read more »

How to Be Smart, Save for the Holidays and Not Go Broke!

For many Americans, the time period between Thanksgiving and the end of the year means a lot of shopping, standing in line and spending. Unfortunately, the average household tends to overspend at the holidays, putting themselves in debt with credit cards and bank loans just to make ends meet during this crazy time of year. […] Read more »

How to Save for a Down Payment

Whenever you want to make a large purchase, like a car or a house, it’s a good idea to plan ahead and start saving for a down payment. The more you are able to put down on the thing you are buying, the lower your monthly payments will be and the smaller the amount you’ll […] Read more »

What You Need to Know Before Joining a Credit Union

There are a lot of misunderstandings and misconceptions about what a credit union is – and what it isn’t. Before you join a credit union in New Bedford or anywhere else, there are a few things you need to know. Credit unions and banks have some things in common, but in many ways they are […] Read more »

The Road to Home Ownership: Renting vs. Owning

There comes a time in everybody’s life when they start to wonder if they would be better off buying a house or a condo instead of renting an apartment or a house. While there are definite advantages to each option, there are certain questions that we all must ask that will help us determine whether […] Read more »

How to Reduce Debt and Build Savings

One of the hottest topics in America today is learning how to reduce debt. It seems as though everyone these days is a victim of high debt. In addition to reducing debt, it is also important to build up a savings account to use as a reserve in the future to avoid going back into […] Read more »

How to Apply for a Credit Union Home Loan

If you are shopping for new homes in the Greater New Bedford area, it is important to understand ahead of time what to expect when you apply for a home loan at your local credit union. This article is being written to serve as a basic guide to help first time home buyers or credit […] Read more »