October happens to be Cybersecurity Awareness month, and ironically there has been an increase in the number of incidents in which hackers have targeted smart devices and home networks. This is even more troublesome as more and more people have been using such networks as they have been working remotely due to the pandemic. If […]
March was an extremely difficult month for the auto industry. Car sales fell by an unprecedented 27% in the first quarter. Shelter-in-place and stay-at-home mandates due to the pandemic made it more challenging to sell new cars in most areas of the country. As the auto industry looks to rebound from a tumultuous start, those […]
August marks the beginning of the back-to-school season, which is a time of anticipation and excitement as students look forward to embarking on the journey of a new scholastic year. For parents, this time can be extremely stressful if they haven’t prepared financially for back-to-school shopping. 2020 will put an additional twist on this already […]
A person’s mentality has a lot to do with how successful they are or will be in many facets in life. When it comes to money this is no different. For those of us who have a negative outlook on money, you may have developed a “scarcity mindset”, and you’ll find yourself always focusing […]
August 14th is National Financial Awareness Day. Diving deep into the ins-and-outs of your personal financial situation can be intimidating for some, however it is essential to your overall wellness that you have some idea of what is going on with your financial picture. If you aren’t too knowledgeable of your current financial landscape, you’re […]
The overwhelming impact of the pandemic on the economy has put the pressure on Millennials to achieve financial security and build generational wealth. Burdens on Millennials have increased and include a growing sense of financial insecurity along with social unrest. The spending and investing trends of Millennials during the COVID-19 pandemic are much different than […]
Due to the uncertainty that the COVID-19 pandemic has caused in our lives, budgeting has become a major priority along with staying safe and healthy. While you may end up utilizing more of your credit card limits than normal, you want to avoid accumulating too much additional debt and long-term financial damage. Taking some simple […]
Buying a new car can be a time consuming ordeal. No matter what your occupation is, everyone has their own budget and deciding on the right car and the right way to purchase that car is an important decision. Whether you’re buying the vehicle of your dreams or a car to get from point A […]
As the COVID-19 pandemic surges on, unfortunately so does the number of scams aiming to thrive on people’s desperation during these times. Last week there was an email alert that went out about a phishing scam that involved scammers using Signal’s toll-free number to gather personal information from non-members. We have since learned about a […]
Let’s make your home smarter. Consider using a home equity line of credit (also known as a HELOC) to pay for smart home upgrades and repairs. A HELOC allows you to essentially use the equity in your home to improve your home. The home improvements with the best returns are often environmentally friendly, energy-saving projects. […]
Despite this tumultuous time, it may be a good time to refinance your auto loan. You may be able to lower your monthly payment by getting a lower interest rate after you refinance. Currently, Signal’s auto loan rates are as low as 1.74% APR if your car is a 2020 year model with 5,000 miles […]
When you’d rather be focused on family… More than 40 million Americans are experiencing unemployment, and Congress is working on incentives to get people back to work, according to The Washington Post. If you have experienced job loss, or reduced income due to COVID-19, asking for a payment deferral on a mortgage loan, consumer loan […]
Consumers beware: amid the current economic uncertainty, scammers are finding unique and innovative ways to take advantage of others. One of the latest examples is the rising concern over fraudsters tricking unsuspecting people into providing their login credentials through social engineering scams. Many of those impacted are members of credit unions that offer person-to-person payment […]
We know it’s a challenging time for all of us and it’s even more of an uphill battle for those who have been delaying the use of ATM technology in favor of depositing checks in person. Below is a step-by-step guide. Print it out and take it with you to the ATM. STEP 1: Enter […]
We know it’s a challenging time for all of us and it’s even more of an uphill battle for those who have been delaying the use of ATM technology in favor of depositing cash in person. Below is a step-by-step guide. Print it out and take it with you to the ATM. STEP 1: Enter […]
As you’re probably well aware by now, an historic $2 trillion stimulus package was passed to help aid the ailing economy as a result of the impact caused by the COVID-19 pandemic. The stimulus package also granted many Americans payments with the amount dependent on your adjusted gross income on your 2019 federal tax filing […]
As stimulus checks roll out, so do the scams! Some criminals are using stimulus checks to take advantage of honest, hardworking people who have experienced financial hardships due to COVID-19. More than 80 million Americans have received their stimulus payments via direct deposit, according to this CNN article. But those who are receiving the funds […]
I’ve never been a big fan of New Year resolutions, I feel like if you notice something about your life that you don’t like, you should take immediate action to eradicate whatever that issue is. However, I do understand the concept of a new beginning with the start of a new year, or a new […]
First things first: stimulus checks are on the way and the first wave of people will get their money in the mailbox tomorrow, April 15 (the former tax deadline) according to this news update from USA Today. Even though the IRS has moved the tax deadline from April 15 to July 15 for individuals and […]
In response to the unprecedented COVID-19 pandemic, the US government has announced changes and updates to provide relief to taxpayers. Most notably, the April 15 deadline for filing taxes has been moved to July 15. This applies to both individuals and businesses. With the additional time that taxpayers now have to get their taxes filed, […]
While a clear majority of the country’s residents, businesses and government agencies have banded together in an unprecedented effort to fight COVID-19, there remains some bad actors out there who are seeking to take advantage of the situation. Unfortunately, the number of scams and other financial crimes rise greatly during times of disaster and uncertainty […]
Our country, along with the entire planet is currently amidst one of the largest crisis in history. The COVID-19 pandemic already has more than 1 million confirmed cases worldwide, with hundreds of thousands confirmed in the United States. The global death toll, sadly, is rising along with unemployment and market volatility. Given the unprecedented health […]
As Congress passes a $2 trillion COVID-19 emergency bill, feelings of economic uncertainty among many Americans persist. If you are looking for ways to keep money in your pocket, then delay paying interest for 6 months with a balance transfer to your Signal Financial credit card. Signal credit card holders get a 0% APR1 balance transfer1 […]
It’s important to have your finances in order while you’re living, but it’s just as important to have things prepared for your spouse, children and/or loved ones. Having your finances in place for the unexpected includes adding beneficiaries to your accounts. A beneficiary is an individual that receives a benefit, which is typically a monetary […]
How are mortgages affected by the Federal Reserve cutting its target interest rate to next to nothing? The Sunday announcement by the Fed brings the federal funds rate to between 0% and 0.25% and was designed to stimulate the economy by making it more affordable for everyday people to borrow money for buying a first home, refinancing to […]
Using a digital wallet in this day and age is a safer way to shop in more ways than one, especially with growing global health concerns surrounding coronavirus. For starters, you don’t have to touch anything at a kiosk when checking out to pay for goods or services. All you have to […]
Knowing the “ins” and “outs” of your credit score is crucial to having financial freedom. However, new research shows that one in eight Americans are unaware of their credit score. In a study of 2,000 participants conducted by the marketing research firm OnePoll, it was found that a whopping 71 percent were also unaware of […]
Managing money as a single person can be difficult enough, but how do you create the perfect financial union when you enter a relationship? Begin with the tips below to keep the love alive and your finances flourishing!1. Start talking about your finances together on a weekly or monthly basis, and as often as needed. […]
You may have heard about the Wawa data breach where customer data was compromised during a malware attack. A reported 30 million debit and credit card records were taken. The breach started around the time of March 4, 2019 and was contained by December 12, 2019. However, a spokesperson from Wawa released a statement on […]
The holidays are over and done… or so you thought. A sobering reminder of how costly the month of December can be is when your credit card statement comes in with a total that includes all your holiday purchases and they amount to more than what you originally planned to spend. If you’re not sure where […]
The only way to truly stick to any goal is by writing it down. Whether it’s writing a strict grocery list or a to-do list for the day. Writing your goals down will help you get things accomplished. The same goes for sticking to a budget. “You are 42 percent more likely to achieve your […]
Great news for all Signal Financial Visa® credit card holders: you can now add your Signal Visa® card to your digital wallet and start using Apple Pay today! Here’s how to get set up: STEP 1: With your credit card in hand, go to the Wallet app on your iPhone and tap the + button […]
Deciding whether to rent or buy always comes down to many factors such as affordability, transportation, where you work, and your family commitments —if you're having trouble deciding, this article may help as we explore the differences.
Ready for a much-needed vacation, but not sure what it'll do to your budget? Here are five simple ways to stick to your budget, even while vacationing.
It's never too late to improve your financial knowledge and you can do so with these everyday tips! Knowledge is power, right?
Spring cleaning isn't just for your home—clean up your finances this season with these helpful tips. Happy Spring = Happy Finances!
March is National Credit Education Month. Understanding and knowing how to maintain your credit score is essential in today's world. Learn how to improve your credit score in order to get back on track towards financial success.
Are your personal finances getting the love they deserve? Rekindle the romance and fall in love with your personal finances with these essential tips.
Data Privacy Day on January 28 creates awareness about the importance of privacy and protecting personal information. See what steps you can take to protect your personal data with these quick tips.
Maybe you're thinking about investing in a share certificate but aren't sure how it works. Here's all you need to know about the share certificate, and how it can help you reach your financial goals.
The holidays are here, and so is extensive shopping for the perfect gifts. Avoid the headache and stress of losing control of your spending this season with these five helpful tips.
Before you do any online shopping, be sure to check out these tips to ensure you're shopping safely and securely.
Before you go out to purchase a new or used vehicle, take the time to plan ahead. Having a sense of what you can afford and what you're looking for will save you time and money.
We know we need to be careful online, but how many of us have seriously thought about it more than changing our passwords from time to time and not clicking on strange-looking emails? Far too many people are still using easily cracked passwords and not paying enough attention to staying safe online. Fortunately most security […]
Maybe you're thinking about purchasing a home but aren't sure if it's big enough to your liking. There are several creative ways to get your place feeling large.
A clean, clutter-free home is a happier one. Are you having trouble letting go of clutter in your place? Here are five tips that can help!
“I love moving! It’s so easy!”, said no one ever. But it doesn’t have to be such a drag. Here are our top 5 moving hacks.
Spring is all about new beginnings and fresh starts. Your home should reflect that. Here are some tips on how to get it done.
So, you're finally ready to settle down and buy a home. If it's your first time, how can you know what pitfalls to avoid? We are here to help! Luckily, past mistakes made by others have been documented. Here are six big mistakes we have compiled that you can avoid.
The first step to feeling more in control—and less anxious—about your credit score is understanding how it’s calculated. We’re here to help clear the air and let you in on how a credit score works and what it says about you.
If you’re keeping balances from month to month on several credit cards, you’re likely stuck in a loop of high-interest debt that limits your financial options and eats up valuable income. Maybe you’re trying but getting nowhere—in which case, you may need to assess your current strategy. Find out more about two of the recommended strategies for tackling your credit card balances, and decide which one might work for you.
The frigid cold gripping most of the US recently looks like it will be with us for a little longer, which means staying warm will be tougher than usual. We share some ideas we’ve found for staying well-prepared for the coldest weather this winter—and most of these tips won’t cost you much money or time!
The holiday season is full of joy. For most people, that joy comes from spending time with loved ones, getting time off work, or volunteering your for a charitable cause. But for scammers, it's a different kind of joy.
There are a few different options available to you to protect your personal data from being stolen or from being used for fraud (if already stolen) by hackers. Signal cannot give advice on what members should do, but we suggest members do some research and consider the pros and cons of each available option.
Technological improvements have led to instant service in a lot of areas of our lives in recent years, including banking. All this technological improvement and sped-up timing have obvious upsides. But convenience has a downside as well: sometimes the pace gets to be faster than we are used to keeping track of. For instance, in the past both the mail and check or payment processing took a couple of days, which some people might have found themselves relying on if they weren’t keeping good track of their account balances. That lag is about to go away.
Whether it's your clients' or your own sensitive information, keeping confidential information secure is essential. Holding on to documents you no longer need which aren’t kept in a secure area can pose a threat to your identity and can cause a data breach. Ready to do some spring cleaning?
The season is upon us when we're getting graduation announcements and invitations. That also means that a lot of these kids will be preparing to go to college. There are a lot of financial pressures for a kid who's new to the college environment that can amount to a financial burden that many college kids can't bear. As parents, there are things you can do to help your college-bound offspring to manage their money effectively.
Some tax mistakes can turn into very costly headaches. Not taking the time to double-check that you signed your tax forms is one mistake. Can you guess the others?
It’s fairly commonplace to see an electric car or hybrid car humming around the Beltway. In this new era of car-buying and energy efficiency, you might be wondering which one is right for you.
Setting up a budget is an essential part of financial planning, no matter where you are in life. Good financial discipline can open up opportunities you wouldn’t have had if you’d spent freely. We list the steps to go through in creating your budget, along with a worksheet to help you get started.
It’s hard to believe that with all the steps we’re taking to protect our information, thieves still find ways around, but they do. Here are some easy things you’re probably not doing that can help protect your accounts and valuable information.
Card fraud has jumped in recent years, and issuers, including Signal Financial, have begun migrating to EMV chip cards to help improve security for their customers. But what are chip cards?
While Signal Financial FCU takes fraud seriously and work daily to prevent it, members must also play an active role in preventing fraud. See the information and tips below to learn how to guard your accounts from skimming, one of the most common types of fraud. This type of card fraud jumped 546% from 2014 to 2015, according to FICO.
You can find, on nearly every financial website, suggestions on how to develop and maintain good financial organization and discipline.
People are always looking to save money any way they can, especially on home repairs. But is going the do-it-yourself route instead of paying a professional for home maintenance and repair projects always the best bet?
If the numbers lined up in your favor this year, and you’ll be getting a refund, be sure to put it to good use. Extra money in your checking account can magically disappear unless you have a plan!
No one enjoys filling out their tax returns. Let’s face it – if it’s not the hassle of finding all the W2s from each employer, then it’s gathering up the receipts. Tax season can be very cumbersome. Here are some tips to smooth out the process:
Ransomware is a type of malware that prevents you from using your computer until you pay a certain amount of money. It’s essentially extortion, with all the data on your computer at risk unless you pay.
DID YOU KNOW THAT HEART DISEASE CLAIMS THE LIVES OF ONE IN FOUR AMERICANS? Heart disease is the leading cause of death for both men and women. The good news is that one-fourth of all heart disease deaths are preventable and you can take proactive steps towards a healthy heart.
If you have a checking account and a debit card, at SOME point in your life, you will accidentally overdraw your account. Even the best money managers can lose track of a debit transaction (or two) or an automatic payment. And when it hits? It hurts. In the wallet. Not only are you charged a fee by YOUR financial institution, you may be charged a returned check fee by the receiver’s institution. Thus, a snowball effect begins on your account.
Snow-covered roads. Whiteouts. Black ice. All are situations that we are now all dealing with this winter. Winter came ... all at once. And it's not over yet!
Do you know anyone who has lost their home in a fire? Or how about valuables in a burglary? It’s a frightening thing to think about, but one you really need to prepare for to help ease the burden of recalling details while filing an insurance claim. You’ve probably thought about this before, but it always seems to slip the “To-do” list.
2016! Where did 2015 go? And how did 2015's resolutions work out? Setting goals is an important thing to do ... and if you were successful, you should be proud of yourself.