Financial Awareness Day 2020

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 not alone. A recent survey done by the National Federation for Credit Counseling shows that the percentage of Americans who admit they’re not very or at all confident in their financial awareness is growing. This sentiment is more widespread among younger adults aged 18-34, who have come of age during greater financial and economic uncertainty than the generations prior. Add in the COVID-19 pandemic effecting everyone’s lives drastically and there is more of a reason for this group to feel nervous about their financial awareness.

 Below are some tips that can help those in similar positions in their life get a better grasp on their finances on this Financial Awareness Day.

  • Write Down Your Financial Goals– If you think about your finances and don’t have a specific goal in mind, that’s a good sign that you should sit down and figure out what those are. By setting a goal, you will be able to come up with a more specific course of action.
  • Track Your Budget and Spending– If you don’t have a grasp on your budget and spending, there are countless apps that can consolidate your financial accounts and track spending habits, as well as alerting you of upcoming bill payments and even help to increase your credit score.
  • Start Tackling Debt– The average American credit card debt exceeds $5,300. If you’re only paying the minimum on your credit cards, you need to start thinking of ways to pay off those cards sooner than later as the interest accrued over time is detrimental to your overall financial picture.
  • Fund your Savings Account– The basis of a solid financial plan is building and maintaining an emergency fund. Unexpected expenses will come your way at some point. By being prepared for the unexpected, you are putting yourself in a much better and less stressful situation. It’s recommended that your savings account has enough to cover up to six months of living expenses or an unexpected bill, such as a car repair or medical emergency
  • Look into Investment Opportunities- If you’re new to investing, one of the most important things you need to keep in mind is that a diversified portfolio is key. A good place to start is with an S&P 500 index fund, which offers stakes in America’s top 500 companies

    For more useful tips, information and advice on financial empowerment, follow us on Facebook at: facebook.com/SignalFinancialFCU.   We’re also on Twitter and Instagram at: @signalfcu

-Written by James Fleet

Digital Member Support will be temporarily unavailable today between 11:00 AM -12:00 PM.

Due to vendor delays in the embossing of debit and credit cards, you may experience a delay in receiving your new or reissued cards. We apologize for the inconvenience.

Martin Luther King Jr. Day

All branches and the digital member support team will be closed on Monday, January 16, 2023 in observance of Martin Luther King Jr. Day.

For expedited assistance please dial 240-512-8240 to connect directly to our Digital Member Support.

All branches and Digital Member Support will close on Saturday, December 31st and Monday, January 2nd in observance of the New Year.

Signal Financial branches will close at 12:30pm on Friday, December 23rd. Digital Member Support will operate from 9:00am - 1:00pm.

All branches and Digital Member Support will close on Saturday, December 24th, Monday, December 26th, Saturday, December 31st and Monday January 2nd in observance of the Christmas and New Year holiday.

On Wednesday, December 7th the One Loudoun branch will close at 2:00 PM and all other Signal Financial branches will close at 3:00 PM

Due to system upgrades, online and mobile banking will be unavailable from 10:00pm Tuesday, Jan. 17 to 3:00am Wednesday, Jan 18.

The Capitol Hill branch and ATM are temporarily closed.

President's Day

All branches and the call center will be closed on Monday, February 21, 2022 in observance of Presidents’ Day.

Closure Notice

Due to inclement weather all Signal Financial branches are closed today. ATMs, mobile and online banking services are fully operational 24 hours a day and 7 days a week.

Digital Member support will close at 12 PM on Saturday, October 1st. Online banking and ATMs are available 24/7. Our apologies for any inconvenience.

Labor Day Closure

All branches and the call center will be closed on Monday, September 5, 2022 in observance of Labor Day.

Independence Day Closure

All branches and the call center will be closed on Monday, July 4, 2022 in observance of Independence Day.

Juneteenth Closure

All branches and the call center will be closed on Monday, June 20 in observance of Juneteenth.

Memorial Day Closure

All branches and the call center will be closed on Monday, May 30, 2022 in observance of Memorial Day.

Presidents’ Day Closure

All branches and the call center will be closed on Monday, February 21, 2022 in observance of Presidents’ Day.

New Years Day Closure

All branches and the call center will be closed on Friday, December 31 and Saturday, January 1 in observance of New Year's Day.

The Capitol Hill, City Center and Leisure World branches will be closed on Thursday, December 30th, 2021. We apologize for any inconvenience. Have a safe Holiday!

Christmas Holiday Closures

All branches and the call center will be closed on Wednesday, February 1, 2023 and Monday, December 25, 2023 in observance of the Christmas holiday.

Thanksgiving Holiday Closures

All branches and the call center will be closed on Thursday, November 23, 2023 and Friday, November 24, 2023 in observance of the Thanksgiving holiday.

Veterans Day Holiday Closure

All branches and the call center will be closed on Friday, November 10, 2023 in observance of the Veterans Day holiday.