Resource One Credit Union Blog

How financially literate are you? Do you have the skills and knowledge to spend money wisely, save for emergencies, use credit cards sensibly, and protect your identity from being stolen? This short quiz will help you test your financial literacy to see where you need...

Earlier this year, a Facebook challenge went around called “10 Bands I’ve Seen, and One Is a Lie.” Posters then listed the names of nine bands they’d seen and one that they hadn’t, and their friends had to guess which was the lie. The person sharing the list often...

The number of natural disasters, particularly weather-related disasters, appears to be rising each year. If you live in a hurricane-, earthquake-, or flood-prone area, you know you may only have seconds to get to safety. Since help may not arrive immediately, it’s...

Wedding season is just around the corner and soon you may see a few wedding invitations in your mailbox. What do you do when it looks like ALL your friends are getting married next year? Can you afford to get gifts for everyone, as well as pay for clothing and...

It's important to check your credit report at least once annually to monitor for signs of identity theft or fraud, as well as check for any errors. Have an R1CU Prime Spending Account? If so, be sure to sign up R1 Cha-Ching. With R1 Cha-Ching your credit reports from...

Are you thinking of buying a car, but want to make sure you get the best price? Here are a few tips to help you find the right car at the best price. Buy “off-season.” Peak demand for cars is in the spring and fall, but if you want to find a bargain, shop for a car in...

Freezer Tips for Smart Savers No one likes throwing away food, especially if you’re trying to save money. But what do you do with those fresh string beans you got on sale that may not get eaten before they go bad? Freeze them. Follow these handy tips and you’ll be...

For so many, the decision to get a Resource One credit card is an easy one. With perks like credit card rewards, points, miles and cash back bonuses — plus the ability to build credit — credit cards can bring a lot of value to your financial life. But once you decide...

There are so many benefits to being a member of Resource One Credit Union. At the top of that list are eAlerts, which allow you to be in full control of all your accounts. eAlerts allow you to monitor your account 24/7 by creating customized text and/or email alerts....

Many people wonder how they can build an emergency fund when they’re trying to pay off my debts. It isn't as hard as you might think. The strategy is to start small, change a few habits, and change your mindset. If you're starting from scratch with your emergency...

Most parents assume their children will complete high school and attend a 2- or 4-year college. As higher education costs continue rising, it becomes even more important to plan ahead and determine how your family will pay for it. Ideally, you should start saving as...

Children are increasingly becoming dependent on TV, game consoles, or other electronic devices for entertainment. Summer breaks often means they’ll spend more time in front of a screen. To get your kids outside in a healthy, natural environment, consider sending them...

Resource One CU: Spending Accounts It may have been years since you wrote a physical check to pay for goods and services, but the fact remains that the checking account is still many Americans’ primary spending account. When you open a Resource One Checking Account,...

  Are you ready to take control of your finances? If so, Resource One Credit Union is here to help. When you join a credit union, you can expect to enjoy the benefits that come with being a Member and not just another customer. But when you open an account with...

Smart money management is always important, but it can take on more urgency for those who are without a partner. Whether you’re divorced, widowed, or single by choice, single parenting brings unique budgeting challenges. Marilyn Timbers, a Connecticut-based financial...

There are many reasons to choose a federal credit union over a traditional, for-profit bank. But probably the most important reason is to build for your future, no matter how large or small your financial dreams may be. Resource One Credit Union is here to help North...

For many, it's a nightmare. You find the perfect gift for a loved one on your holiday shopping list. You wait in a long line at the register and then your card is declined. You know you have money, so it doesn't make much sense. You give your bank a phone call and...

 Starting out in the financial world without a deep credit history can be frustrating. After all, with little to no credit, it can be difficult to convince a company to take a chance on you. This can hinder your ability to rent an apartment, open a phone line, or...

Life is expensive. You probably have a car payment, phone bill, insurance, and a number of other necessary expenses each month. When you add all those expenses and divide them by your gross monthly income, the result is your debt-to-income ratio. As an example, if...

Buy a new or preowned car without all of the hassle, contact us to find out how! Auto Finance: Made Easy - Buy a new or preowned car without all of the hassle, contact us to find out how!  If you’re anything like millions of Americans, you can’t just go down to a car...

Congratulations! You’ve signed up for Resource One Credit Union’s Mobile Online Banking. Now you’ve got total access to your accounts right in the palm of your hand. Check your balances and transactions both in real-time and around-the-clock, or send money to friends,...

It’s never been easier, quicker or safer to deposit checks on the go with Resource One Credit Union’s free Mobile Deposit feature. Mobile Deposit lets you deposit checks from anywhere using your camera-enabled smartphone, tablet or computer and scanner. Plus, you can...

Here at Resource One Credit Union, we want to help you make the most of your money. That’s why we offer Certificates of Deposit (CDs). When you invest your money in a Resource One CD, you can rest assured that you’re getting a good return on investment and that your...

Congratulations on your decision to start living a money-smart lifestyle and improve your financial security. Just don’t forget that one of the best ways to save smart is to spend smart. When you sign up for a Resource One Credit Union Membership, you easily be able...

If you’re feeding an army or just a hungry family, you’ve probably been considering the benefits of membership in a shopping club like Sam’s Club, Costco or BJ’s Wholesale. On the surface, the membership decision seems like a very simple calculus. You take your...

Are your summertime electricity bills astronomical? Check out our list of 10 creative ways to trim your bill in the summer and all year ’round! Plant trees If your home has lots of west-facing windows, you’re likely getting loads of sunlight each afternoon, and that’s...

The most annoying part of credit card debt is the monthly statement. It’s a dense plate of word salad served with a heaping dose of guilt dressing. The only part of it that’s easy to understand is the “payment due” – and that’s just the way credit card companies like...

We all love our pets. Cats, dogs, ferrets and furry babies of all sorts are members of the family. They eat and sleep under the same roof. They give affection when you’ve had a rough day. Your fridge, mantle and social media are full of pictures of your animals...

Your credit union is built on the idea of people helping people. You already know we can do a better job looking after your money than a mega-chain bank that answers to shareholders, because we know you and our community. So why give that up when you find a bargain...

Friends are the family we choose for ourselves. But some friends can be a serious drain on your savings. If you recognize these kinds of people in your life, it’s hard to know what to do. Here are several examples of financially dangerous friends and how to handle...

Q: Summer always puts a big strain on my budget. There are so many extra expenses! I’ve been looking for a way to get through these months without racking up a huge credit card bill, and one option I’m considering is skip-a-payment. What do I need to know about this...

Winging your way across the ocean, whimsical browsing in quaint shops and dining on exotic fare in an outdoor Paris cafe are the things that make up dream vacations. But when you’re wondering whether the money changer has taken you for a ride or you’ve busted your...

IMPORTANT: PLEASE READ With our new processing system, there are some changes that will affect the products and services we provide to you. We want you to be aware of these changes and ask that you read this email carefully to help ensure the transition to our new...

"Can you hear me now?" is the once-popular tagline of Verizon commercials, but it's also the headline of a new scam. Scammers making robocalls will ask some innocuous question. Once the targeted person says "yes," a recording is made of the response and it is used to...

Q: Tax forms have started rolling in and my mailbox looks like a can of alphabet soup exploded in it! What do I need and where do I start? A: This is a tough time of year for people who don't like paper. Starting at the end of January and continuing through March,...

Buying your first home is a major milestone. There's nothing quite like the giddy rush that comes from knowing you could paint a wall fluorescent pink or cover the cabinets in peanut butter and no one could legally stop you. You've also got a new and quite big...

An alarming Glassdoor survey found that more than half of Americans don't negotiate their salaries. That means most people will continue working for the same pay, even as their value to the workplace and their experience increases. How can you teach your kids to not...