A personal loan is a short-term loan from a lender that you pay back in monthly installments. The length of a personal loan varies as well as the interest rates for borrowing money. Unless your credit is strong enough to qualify for a 0% introductory credit card offer, a personal loan will often be your cheapest option for borrowing money. In fact, the Federal Reserve reports that the average personal loan interest rate is significantly lower than the average credit card interest rate, which wasabout 16.6% as of February 2020.Continue reading Credit Unions & Low-Interest Personal Loans: How the 2 Go Hand-in-Hand
Dane County Credit Union Announces the Appointment of New Chair to Board of Directors
Madison, WI — After serving on Dane County Credit Union’s Board of Directors for 20 years, 9 of the those being the Chair, Joe Guastella, has retired from the board. Jeff Heil, who has served on the board for the past 8 years, most recently as Vice Chair, was appointed by the board to succeed Mr. Guastella as the new Chair.
“It has been a great honor serving on the board and representing the members of Dane County Credit Union,” said Guastella. “I am incredibly proud of what we have accomplished at this credit union over the years. I am confident in Jeff’s leadership and vision to continue making a positive
difference for our members and our community.”
Commenting on his appointment, Mr. Heil said: “I’m honored to accept the Chair of the Board appointment and look forward to continuing our credit union’s vision to provide our members with financial solutions to improve their lives.”
In addition to the newly appointed Chair, other appointed officer positions include: Theola Carter as Vice Chair, Cody Davies as Secretary, and J. McLellan as Treasurer.
About Dane County Credit Union
Dane County Credit Union, a $200 million, full-service, not-for-profit financial cooperative, serves everyone who lives or works in Dane County and the surrounding counties. Dane County Credit Union currently has 4 branches in the Madison area with 20,000 members. To learn more, visit www.dccu.us.
Everyone’s savings goals change as they progress through life. No matter how old you are or what your savings goals might be, one thing is always true – you are never too young or too old to save money.
Aiming for a specific savings target each month or each paycheck can be a great way to establish healthy financial habits.
Many people who think about opening a checking or savings account or seeking out other banking services automatically assume they need to head to their nearest local bank. This, however, is not your only option, and not always the best option. Credit unions offer many of the same services that banks do and are notorious for their exceptional customer service. We want you to know that you have an alternative. Below we offer a broad overview of the many advantages and benefits of banking online with a local credit union. But first, let’s take a look at some major differences between banks and credit unions.Continue reading Why Bank Online with a Local Credit Union
For many people, money management can be an overwhelming and uncomfortable topic of conversation. Maybe you feel like you have put off saving for retirement for too long or your emergency savings is not what it should be.
Whatever is causing your anxiety, the truth is there is no better time than the present to get a grip on personal finance. Once you get the ball rolling, you will soon wonder why you waited so long to form healthy financial habits.
Debit cards – the modern payment convenience item that makes purchasing any item or service so much easier than using cash or writing a check. Many of us have been using them for so long it’s not even a second thought. While some folks are new to this method and are still learning.
It is important for credit unions everywhere to share the many ways they add value to their communities. It helps keep alive the essence of what financial cooperatives do best – to provide thrift (the practice of using your money carefully and not wastefully) and to make a difference for you and everyone in our community. Continue reading DCCU News from CEO, Shay Santos
What exactly is “private or confidential information?” That can be a difficult question. People often use the term “confidential information” when referring to personally identifiable information (PII). But all PII doesn’t necessarily have to be kept confidential. So what are we talking about specifically? Continue reading How To Keep Your Private Information Safe
The website eFinancialNews.com was a financial news service whose target readership was the investment banking, fund management, and securities community. It was also the publisher of Private Equity, a weekly publication focused on the European private equity sector. Just before its 2008 acquisition by Dow Jones & Co, publisher of Wall Street Journal, MarketWatch, and Dow Jones Newswires, eFinancialNews.com was forecast to have annual revenue of 15.4 million British pounds (about USD $19.7 million). Over half of this revenue was projected to be generated from non-print sources (Source). However, if you visit www.eFinancialNews.com today the site no longer exists. Continue reading What Happened to eFinancialNews.com?