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Are Credit Unions FDIC Insured?

http://columbuscameragroup.com/who-we-are/ For anyone who works as a financial professional, it is just a matter of time until they must answer the question, “Are credit unions FDIC Insured?” And yes, I get this question quite often when I am referring folks to their local credit union. Fact is, credit unions have better insurance than the FDIC. To understand how […]

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Want to get out of debt? Dave and Selina wanted to be less than “average”

Want to get out of debt? Dave and Selina wanted to be less than “average”

Want to get out of debt? If you ever wondered, How do I get out of debt?, you’re not alone.  In fact, you are considered an average household if you have total balances of $16,000 on credit cards alone. For anyone above $16,000–just being “average” could be a big step in the right direction. According to www.creditcards.com, the national average interest rate for credit cards is just under 15%, and a “low” interest card would be 10.4%. Those with “bad […]

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How to avoid ATM fees

How to avoid ATM fees $7,000,000,000. Yup, it is likely that ATM fees alone will generate 7 billion dollars in revenue this year for the banks. My question to you is “How much of that 7 billion will come from your bank account?” I spent hours surfing the Internet looking for “good advice” on ways to keep more […]

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