Welcome!
Log in to your account.
Welcome!
Log in to your account.
Resource One Credit Union Blog
Prepare Your Finances Before Buying Your First Home
Thinking about buying your first house? Even if you’re just curious, some real estate agents require proof of pre-approval before they can show you certain homes. To make the preapproval process seamless, your loan officer might request you provide the following...
read moreSaving for Summer Fun
Are you looking forward to the summer? Maybe planning a vacation, but not sure how you’ll afford it? Here are a few ways to help you save so you can enjoy some summer fun. Direct Deposit - One way is to automate saving by diverting a portion of your salary into a...
read moreDigital Garage Sale Scam
With social media and many websites evolving and integrating, it’s easy for scammers to take advantage of you. By selling things online, scammers will try to use this information to confuse or trick you into giving them the item or service you’re selling online. The...
read moreCreate A Plan For Your Stimulus Check
The Common Cents Lab has created a free COVID-19 Stimulus Check Planning Tool to help you get the most of your stimulus check. For many of the communities we serve are struggling to make ends meet as a result of financial hardship related to the COVID-19 pandemic. An...
read moreDebit Card Fraud
Tis the season… for fraud. While you’re busy making holiday preparations here, there, and everywhere, fraudsters are working to take your money. This time of the year is what we in the business refer to as “Fraud Season” because scammers have an easier time taking...
read moreManaging Debt
Don’t wait until your debt grows to an overwhelming amount before you decide to consult a credit counselor. Talking to a counselor early can help you avoid getting to that stage. Credit counselors can help you make a plan for repaying debt while meeting ongoing needs....
read moreHow to Open a Checking Account
Opening a checking account is often the first step toward establishing a new banking presence. Whether you are getting your kids started with banking to teach them about money management and financial responsibility or setting up a new bank account following a cross...
read moreWhat You Need to Open a Business Bank Account
If you are starting a new business, one of the first steps you’ll need to take is to open a business bank account. While you may be seeding your startup with your own cash, that doesn’t make it a good idea to use your personal bank account for all business expenses...
read moreWhat Credit Score Do I Need for an RV Loan?
A recreational vehicle or RV can open up a considerable number of possibilities for the domestic traveler. From exploring campgrounds in national parks to road-tripping across the nation to see friends or family, the right RV gives you a mobile home base where you can...
read moreDo You Qualify For a R1CU Credit Card?
A credit card, when responsibly managed and used, provides an important financial tool that you can use in many situations. By keeping your balances low and staying on top of regular payments, you'll build your credit history, improve your score, and develop a track...
read moreCelebrity Facebook Live Scam
A popular way many celebrities interact with fans or promote their projects is by using Facebook Live. It’s great to see your favorite stars online especially when social distancing would otherwise prevent them from working. While you are enjoying this free...
read moreHow Does a Money Market Account Work?
Money market accounts are often pitched as the go-to banking account solution if you want your money to work for you. These accounts pair many of the most desirable features of a checking account with the perks of a savings account. As a result, they are a perfect...
read moreCan I Refinance My Car with the Same Lender?
There are many different reasons why you might choose to refinance your auto loan. Refinancing can help you get a lower interest rate on your car loan, give you more manageable monthly payments, and even change the timeline on your loan. At Resource One Credit Union,...
read moreHow to Open a Bank Account Online with No Deposit
Access to a bank account is an important part of making one's daily life and interactions simpler, but a shocking number of people remain a part of the so-called "unbanked." These individuals typically deal only in cash and must rely on expensive check-cashing...
read moreSmall Business Economic Relief Program – Houston, TX
Has your small business been impacted economically due to COVID-19? If you are located in the Houston area, the City has created a grant program to help businesses survive during this time. Funded by the CARES ACT, the City of Houston is giving out Small Business...
read moreHow to Choose the Best Mortgage
When you decide it's time to purchase a new home, whether to stake your first claim as a homeowner or to acquire a space that suits your needs, the process often seems very exciting. That is, at least, until you reach the stage where you must choose a mortgage....
read more4 Reasons to Get A Business Credit Card
Whether you’re self-employed, running a small startup venture with a few employees, or operating a thriving business that is charting rapid growth, it’s never a bad idea to have a business credit card in your back pocket. Having a business credit card makes it easier...
read moreWhy You Need Overdraft Protection
One of the most significant advantages to modern banking solutions, such as credit and debit cards, is the way they provide you with instant purchasing power. Instead of carrying cash everywhere, which is both unwieldy and unsafe, a quick swipe is all it takes....
read moreBuying Property During a Recession
For good reason, many people have been holding off on making major purchases or financial commitments since COVID-19 struck. The coronavirus pandemic has created massive unemployment, a crushing recession, and lots of uncertainty in almost every aspect of our lives....
read more8 Ways to Avoid Identity Theft
When the phrase "identity theft" first rose to the prominence many years ago, some found it to be an almost comical idea — how could someone steal your identity? One would have to be very unobservant, the jokes went, to allow someone to make off with your sense of...
read moreWhat You Need to Open a Bank Account
Whether it’s a new checking account or savings account for yourself, your first joint account with your partner or spouse, or a youth account for your son or daughter, our team at Resource One Credit Union is here to help. We offer a full range of accounts, from...
read moreWhy You Need a Credit Card in 2020
Are you hesitant to use a credit card? You certainly aren’t alone. While the credit card has become a more commonplace part of life over the past few decades, they still aren’t universal. The most recent data on the matter from the U.S. Census Bureau indicates that...
read more419 Scam or Advance Fee Scam
The 419 Scam or Advance Fee Scam is a constant risk for our members and community. In short, this fraud requires you to advance money in anticipation of getting a more substantial sum in return. The most common way for the 419 fraudsters to contact you is via email,...
read moreHow Digital Banking Can Make Your Life Easier
Are you tired of having to find time in your schedule every week or two to run to the bank and make a deposit? Are you tired of standing in line waiting for a free teller? Are you tired of sending checks to pay your bills? Particularly during the COVID-19 pandemic,...
read moreUnderstanding Merchant Services for Your Business
Many challenges come with running your own business, but some of the trickiest problems are those you may not consider at first. For example, while you focused on developing a business plan that could make money, how much consideration did you give to actually...
read moreWhich Resource One Auto Loan is Right For You?
The opportunity to buy a car is an exciting experience, no matter when it appears. Searching for a set of wheels is your chance to find a vehicle that lets you feel safe and comfortable while you get where you need to go. Unfortunately, there is still the "budget"...
read moreUnderstanding Home Equity Loans
Whether you're already a homeowner or you're soon to become one, the word "equity" is one that you're likely to hear over and over again. "Building equity," "tapping into equity," and so forth — it is a word that is almost synonymous with home ownership. You'll even...
read moreTeenage Driver’s Dilemma
Learning how to drive a car is one of the significant milestones in a teenager's life. Learning how to pay for its upkeep isn't as exciting, but just as necessary. Here are a few simple tricks to help you keep your wallet happy. New or used? Buying used is usually a...
read moreSeven Ways College Students Waste Money
Going to college is expensive, no doubt about it. Between textbooks, tuition, housing, utilities, and maintaining a social life, managing your money can be challenging. So, here are a few habits to avoid if you want to save more of your money. 1. Buy new textbooks...
read moreRefinance Your House
You might be one of many Americans who could benefit from refinancing your home. About 3 million borrowers could save at least $200 a month by refinancing. By refinancing and locking in a better rate on your loan, you could reduce your monthly payment and save...
read moreHow You Can Do Better Than 0%
When it comes to auto loans, a 0% interest rate is a head turner. But it's not always the best deal. Car dealerships generally advertise 0% offers in the summer when they're looking to make room in the showroom for newer models. The offers come from the financing arms...
read moreWhen is Debt Consolidation the Answer? What You Should Know
The average American carries thousands or even tens of thousands of dollars in debt. Across the nation, according to Bankrate.com, consumer debt totals more than $14 trillion. From student loans to credit card debt, the financial burden many carry into adulthood can...
read moreWhen Times Are Tough, We Can Help
In tough times, it's more important than ever to develop and maintain good financial habits. Having a household budget and shedding high-rate credit card debt are two obvious things that could benefit most consumers. But figuring out where to start can be a daunting...
read more3 Reasons Why You Need a Credit Card
Are you hesitant to use a credit card? You certainly aren’t alone. While the credit card has become a more commonplace part of life over the past few decades, they still aren’t universal. The most recent data on the matter from the U.S. Census Bureau indicates that...
read moreCOVID-19 Mortgage Forbearance: What To Know
The COVID-19 pandemic disrupted almost everything in our world. It created massive unemployment, hurt countless businesses, and left many people wondering how they were going to make ends meet. Unsurprisingly, the pandemic also had an impact on mortgages. For new...
read moreCelebrating the 4th of July
As cities cancel 4th of July celebrations, many Americans have found themselves looking for ways to have fun while also social distancing. With help from modern technology and a bit of compromise, you can get your family's 4th of July experience this year. Virtual...
read moreUnemployment Scam: Are you at risk?
Have you received a letter for an accepted unemployment claim you haven’t filed? Have you received letters from other states accepting your unemployment claim? Or maybe, you noticed a large deposit in your account you did not expect? If you can say yes to any of these...
read moreFather’s Day Ideas 2020
Whether the pandemic, distance, or work stand in the way of celebrating Father’s Day, there are a few ways to help celebrate this day with your loved ones. From outdoor activities to virtual parties, you can find the perfect solution to spending time with your dad...
read moreHow Credit Card Return Protection Works and Benefits
How Return Protection Works Buyer's remorse is a feeling no shopper wants to experience, especially after deliberating on a big purchase for some time. Thankfully, many stores today are quite accepting in their return policies and receiving your money back usually...
read moreTop 7 Benefits of a Checking Account
Should you open a new spending account? Whether you currently have a checking account at a big bank or you primarily rely on cash, now is an ideal time to consider the benefits of an account with the flexibility to support your financial requirements. At Resource One...
read moreWhat You Need To Know Before You Refinance Your Mortgage
Refinancing Your Home: What You Need to Know While most people think of the mortgage application process as something you go through when you consider buying a house, a significant percentage of mortgage applications are lodged by current homeowners seeking to...
read more5 Good Reasons To Get A Personal Loan
Should you borrow money? Does your financial situation justify a personal loan, or should you try to avoid any debt at all costs? These types of questions often go through the minds of folks who are contemplating applying for personal loans irrespective of the...
read more5 Tips On How To Maintain A Good Credit Score
Maintaining A Good Credit Score A good credit score is a key that can open many doors. It can affect your ability to obtain a mortgage loan or to be approved for a lease when you rent an apartment or townhouse. It can affect your chances of getting an auto loan and...
read moreWhat’s The Difference Between Credit Union and Bank Services
What Services Do Credit Unions Offer If you are thinking about joining a credit union, you’re probably wondering what you can expect from deciding to do your banking with credit unions. While some people assume that credit unions are distinctly different from more...
read moreCredit Union vs Bank Loans: Which Offers The Best Loans?
Should I Take Out a Loan with a Bank or a Credit Union? Whether you want to consolidate debt, work on your home, or pay for a substantial and unexpected expense, you'll need to find the right financial institution for opening a loan account. For both personal loans as...
read more9 Steps To Buying a House in 2020 – Step by Step Guide
Buying a house is a big step no matter when you decide to take it — but the market frequently changes, especially in areas with a high demand for homes. If purchasing your first home or moving into a new space is on your "to-do" list for this year, how should you go...
read more8 Tips To Manage Your Credit Card Debt
Helpful Tips for Managing Your Credit Card Debt Did you know that the average American household carries nearly $10,000 in credit card debt? Many people open their first card with the idea that they will use it to "build good credit" — and that's certainly possible...
read moreBusiness Checking and Savings Accounts – Resource One Credit Union
Finding the Banking Solution That Works for Your Business Without a bank, doing business effectively is almost impossible — but finding the services a small business or medium enterprise needs with the big banks is often a serious challenge. Nonetheless, the proper...
read more4 Small Business Loan Options During Coronavirus
Business Loan Options During COVID-19 The COVID-19 (novel coronavirus) pandemic has posed unprecedented challenges for the American small business economy. As states around the country have issued stay-at-home mandates and other strict requirements, many businesses...
read more6 Types of Mortgage Loans – How to choose the best one
Are you thinking about buying a home? Whether this is your starter house, the home where you’ll raise your family or the dream home you’ve been working toward your whole life, buying a house is an exciting, momentous milestone in your life. Of course, buying a home is...
read moreHow a Money Market Account Works and Why You Need One
It’s an unfortunate truism that most people aren’t making their money work for them, and we believe that’s largely since most aren’t familiar with how a money market account works. We encourage our members to consider the benefits of money market accounts by first...
read moreCredit Union Personal Loans
Are you looking to take out a personal loan? Whether you are seeking a personal credit loan, a credit builder loan, or a way to consolidate loans and debt that you already have, you can go to either a bank or a credit union for virtually any type of personal loans. In...
read moreWhy You Should Open an IRA
It's never too early to start thinking about retirement, but there's more to saving for later in life than pinching pennies and skipping coffee. Making smart investments matters, too. That doesn't mean getting lucky in the stock market or picking the next big company,...
read moreHow to Get a Credit Card with No Credit
Can you get a credit card with no credit? This question is common among individuals who are applying for their first-ever credit cards. Especially for young adults who are trying to build up their credit and financial independence, getting approved for a credit card...
read moreWhat Is a Credit Union and How Does It Serve Its Members?
Many people who visit Resource One Credit Union have questions about what a credit union is and how it compares to private banks. Although the differences are substantial, they’re easy to understand, and it’s just as easy to bank with a credit union as it is to work...
read moreBasic Concepts in Finance
Somewhere in between learning multiplication tables, history, or chemical formulas, you might think it would make sense for a grade school education to include information to help equip students for the financial realities of their future independence. Unfortunately,...
read moreHow to Build Your Credit | Easy Step by Step
Good credit is the key to many things. Your credit score will impact your ability to get a credit card. It will affect your ability to get a loan. It will be a factor when you apply for housing. For all these reasons and many more, it is important to build credit and...
read moreHow To Apply For A Student Loan
Simply put, college is expensive. According to data compiled by U.S. News & World Report, the average “sticker price” for college for the 2019-2020 school year is $10,116 for public in-state tuition and fees, $22,577 for public out-of-state, and $36,801 for...
read more10 Reasons to Open a Checking Account
Did you know that tens of millions of Americans don’t have a bank account at all? Some people feel as if they don’t have enough money to justify using a bank. Others prefer to deal with cash rather than worrying about checks or debit cards. Some—especially among the...
read moreHow to Join a Credit Union and Open an Account
If you are Googling “credit unions near me” or researching the benefits of being a credit union member, then you are probably ready to trade the experience of a traditional bank for a different kind of banking. Certainly, there are substantial benefits to joining a...
read moreThe 2019 Guide for First-Time Home Buyers
It’s often said that buying a house is one of the most complicated financial transactions that the average American is likely to undertake in their life, and that’s not an exaggeration. The process is complicated from beginning to end, but it’s something that is...
read moreHow To Get A Car Loan With Bad Credit
Don’t Let Bad Credit Keep You from Buying the Car You Deserve If you have bad credit or no credit, the idea of getting a new car may seem out of reach. Even if you believe that you can get one, often you may compromise your hopes before you start looking, telling...
read moreHow to Refinance your Mortgage | Step by Step
The process of seeking your first mortgage can be a stressful one, and the day you close is often a time of great relief — both because the effort is over and because you're soon to be the proud owner of a new home. For many home buyers, though, mortgages are all...
read moreA Graduate’s Guide to Buying a Car
Crossing the stage to receive a handshake and your college diploma is an incredible moment, the culmination of years of hard work and intensive study. As you begin to think about the next stage in your life, many things require your attention — not the least of which...
read moreFull Guide to Building Credit
At many critical points in one's life, "good credit" is perhaps the most important asset you can possess. Whether you need to purchase a new car, want to buy a home, or even start a business, good credit opens doors and allows you to access sources of funding that...
read moreMembership Perks
Have you been thinking of joining a credit union for your banking purposes? At Resource One Credit Union, we hope you will consider us. We are a not-for-profit credit union in Dallas, with offices throughout the Dallas and Houston areas. As with other credit unions,...
read moreYouth Savings Account | Child Savings Account | R1CU
Have you been thinking about setting up a first bank account for your child? If so, Resource One Credit Union has the ideal account for you. Our youth accounts are easy to manage and can be tailored to suit kids of different ages and responsibility levels. Opening a...
read moreCredit Union vs Bank | What’s Better for You?
Deciding where to do your banking is a crucial decision to make for your financial future. It will influence the convenience with which you can access your money, what types of perks and benefits are available to you, how quickly your savings can grow and accumulate...
read moreBest Small Business Loans for 2019
Best SBA Loans for 2019 | Resource One Credit Union Running your own business can be incredibly rewarding, but it comes with many challenges that you must successfully address as well. Of those challenges, the financial aspect of your operations can be the one...
read moreThe Best Merchant Services Are Served at Resource One Credit Union
The Best Merchant Services Are Served at Resource One Credit Union For businesses of any size, the ability to accept and process payments in a variety of ways is essential for success and ultimately, growth. In a world where carrying cash is rarer, and most...
read moreOpen the Best Credit Union Savings Account Today
Open the Best Credit Union Savings Account Today! If you’re like most people, your go-to bank account is your checking account. For both personal and business purposes, a checking account is a versatile option. It provides an easy way to store and save money...
read moreBusiness Savings Account
Credit Union Savings Accounts for Business If you’re looking at one of our business savings options at Resource One Credit Union, then congratulations are in order. Getting your business to a point where you’re not just making money but making enough to put...
read moreWhat’s the Difference Between a Home Improvement Loan and a Personal Loan?
What's the Difference Between a Home Improvement Loan and a Personal Loan? If you are looking for home improvement loan advice, one of the first questions you might ask is “What is the difference between a home improvement loan and a personal loan?” ...
read moreHow to Improve your Credit
Improving your Credit Can Be Easy! You Just Need to Know Where You Stand Bad credit can be a big obstacle to a lot of things. It can make it harder for you to rent an apartment or buy a house. It can result in higher insurance premiums. It can affect your...
read moreThinking of Refinancing? Resource One Offers Refinancing Options for Home, Auto, and Boat
Thinking of Refinancing? Resource One Offers Refinancing Options for Home, Auto, and Boat Have you thought about refinancing your loans? If you have a mortgage or an auto or boat loan that you are making payments on each month, you might be able to save money by...
read moreTrack Your Spending Habits with a Smartphone App
Track Your Spending Habits with a Smartphone App Mobile apps are changing the way people monitor, plan, and control their spending habits. There are many, many different financial apps out there, all of them free or available for a small price. These tools can help...
read moreHow to Build Financial Security for You and Your Family
Building financial security for your family is about insulating yourself against risks and potential emergencies. If an emergency were to strike tomorrow—be it a medical emergency, a major house or car repair, or even losing your job—would you be ready? Having...
read moreFirst Auto Loan? Take Care of Your Investment with Regular Maintenance and Inspection
One of the big benefits of buying property, rather than renting, is that you build equity. Over time, as you make your mortgage payments, you build ownership in the property—be it a house, an apartment, or a condo. The value of that equity will vary a bit, depending...
read moreSummer Savings Tips
Summer is here, and there’s just something about warm weather that makes you want to have fun in the sun. Usually, that means taking vacations, eating out more and celebrating summer holidays. However, those activities aren’t cheap, and even worse, they’re usually not...
read moreMoney-Saving Habits
5 money-saving habits to help you reach your savings goals Saving money can help you reach specific goals or make big purchases — but what’s the best way to do it? Do you simply sock some money away with each paycheck, or will you have success with a more...
read moreFinancial Literacy Quiz
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...
read moreThink Twice Before You Post
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...
read morePreparing a Disaster Kit
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...
read moreHow to Save When You’re Invited to Everyone’s Wedding
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...
read more10 Easy Halloween Safety Tips
Halloween should be an exciting time of year for children and their parents, but too often the celebration devolves into tragedy. This season, make safety the top priority for your family. Best Practices for Parents The U.S. Centers for Disease Control and Prevention...
read moreCheck Your Free Credit Reports Throughout the Year
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...
read moreHow to Get a Great Price on Your Next Car
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...
read moreFreezer Tips for Smart Savers
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...
read moreSpending Accounts
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,...
read moreWhat you need to know before getting a credit card
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...
read moreGet eAlerts with Resource One Credit Union!
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....
read moreEmergency Fund – Start Small, Think Big
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...
read morePaying for Your Child’s Higher Education
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...
read moreAuto Smart Car Buying – Resource One Credit Union
So, you’ve decided to get behind the wheel of a brand new (or new to you) car. Now what? With so many options to choose from, even the most discerning car buyer can find it difficult to know where to start. Resource One can help. With Resource One AutoSmart, you can...
read moreCompetitive Home Improvement Loans are available at Resource One!
When you think of taking out a home loan with Resource One, mortgages are probably the first thing to come to your mind. But did you know that we offer many different types of loan products to help you improve your home’s equity, raise the value of your home and...
read moreUnplug Your Kids from Technology with Summer Camp
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...
read moreResource One Credit Union – Spending Accounts
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,...
read moreFill out a Membership Application today
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...
read moreFinancial Tips For Single Parents
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...
read moreBecome a member today! Build for your future at Resource One Credit Union in Dallas Texas
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...
read moreReady to Get Started?
Apply Online
Use our easy online application process to get started right away.Apply in Person
Visit any of our locations to start the process of your new loan.Apply by Phone
Questions? Call us anytime to speak with a specialist.1-800-375-3674