Buying a home is an exciting moment, but all the terminology and the stacks of paperwork are not as fun to sift through as, say, paint swatches and tile samples. Before purchasing a new or new-to-you house, it is vital to understand the different mortgage options you have. A mortgage is a loan used to finance a property, and there are several types available for homebuyers.

At Collins Community Credit Union, we understand that many of our members have been affected by the COVID-19 pandemic in numerous ways. If you’ve always thought, “I’ll set a budget one day”, now is the best time to get started.

In today’s world, it may seem like cash is going extinct. But, according to a 2019 report from the Federal Reserve, cash is still the second most used method of payment, and consumers used cash for over one-fourth of their purchases in 2018.

Collins Community Credit Union is committed to serving its business members in these uncertain and turbulent times. We understand that you may be feeling worried about your business’ financial health, and may have already begun to be financially impacted by COVID-19. Our team has compiled a list of resources to help you navigate your next steps.

With stimulus payments and tax refunds potentially coming to most Americans, many may be dreaming of how they’re going to use the money.

We frequently hear about the importance of having an emergency savings account, yet many Americans are left with very few options when an emergency hits. When surveyed on why they don’t have emergency savings, the top response is that there’s simply no money to spare, due to living paycheck to paycheck.