Tag: not for profit

The Credit Union Difference (Part 2): Robins Financial Credit Union

So what’s the big difference between credit unions and big banks? At Robins Financial it’s one of our favorite questions to answer. Because as a not-for-profit who serves our community, we think the difference is pretty important. In addition to our profits going to lower the costs of financial services and products for our members, […]

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Credit Union Partnerships

Credit unions were founded to help their members improve their financial lives and they have a long history of working hard for the benefit of their membership. The credit counseling profession shares that philosophy; we’ve been helping consumers for more than 60 years. Each year our independently certified counselors helping millions of Americans develop appropriate […]

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Save Money with Credit Union Membership

Hello, and welcome to Your Money 2.0. I’m Thomas Fox, Community Outreach Director at Cambridge Credit Counseling. In 2010, new regulations were introduced to rein in overdraft fees and fees assessed on debit card transactions. Consumers and merchants embraced the new rules and the relief they seemed to provide. The new regulations were supposed to […]

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Government Was Just Kidding About Repaying Student Loans

THE DEPARTMENT OF EDUCATION HAD CREATED A PROGRAM FOR STUDENTS STRUGGLING WITH STUDENT LOAN DEBT TEN YEARS AGO. THE PROGRAM ALLOWED PEOPLE WHO WERE IN STUDENT LOAN DEBT TO ENTER PUBLIC SERVICE JOBS THAT WERE APPROVED BY THE DEPARTMENT, AND AFTER 10 YEARS, THE REMAINING STUDENT LOAN DEBT THAT THEY HAD WOULD BE FORGIVEN. FAST-FORWARD […]

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Credit Union Benefits

Hello, and welcome to Your Money 2.0. I’m Thomas Fox, Community Outreach Director at Cambridge Credit Counseling. In our last episode we discussed the overall benefits of using a credit union versus a bank. If you recall, credit unions are founded on the Seven Cooperative Principles philosophy. These principles, which include open membership, democratic control, […]

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Credit Unions are Different from Banks

Credit unions offer the same consumer financial services that you can find at a bank. Checking accounts savings accounts CDs, auto loans, home loans, debit cards, credit cards and more. So you can find the same kind of accounts and loans at a credit union as you can in a bank. But credit unions are […]

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