Schenectady Federal Savings

Bank credit: is it growing, and where’s it going?

Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit

Here's What You Need to Look For to Make Sure You're Not Being Scammed at the ATM

Mortgage Loans: Stick With A Bank Or Go With A Broker?

It matters where you go for a mortgage. Who offers a better deal — a banker or broker?

Is a personal loan for you?

Personal loans have surged in popularity, due in part to increasing consumer confidence and a growing array of online lenders to provide them.

Tips for a successful Youth Month Savings Challenge

There’s less than two months to go until National Credit Union Youth Month™, when credit unions from coast to coast will urge kids to “Give a Hoot About Savings” and discover the life-changing power of credit union membership. As your celebration planning gets underway, don’t forget about one of the most powerful business development opportunities …

Easy ways to improve your financial future right now

While we Fools are passionate believers in investing in the stock market for the long term, we realize there's far more to improving your financial future than simply picking the right stocks.

How to spot ATM skimming devices

What to look out for when using an ATM, and what you can do to protect your account.

Will Credit Unions Replace Banks?

Credit unions are gaining more popularity among consumers as alternatives to banks for their higher rates and lower fees.

Non-bank loans: quick, easy...and addictive?

Alternative lenders are gaining traction and handing out billions of dollars in loans to small business owners. But it could come at a cost.

Is a credit union better than a bank?

Have you ever wondered if a credit union is better than a bank? The choice between the two will ultimately boil down to the different... more >

“Hey, Don’t you bank at a Credit Union?”

Do you belong to a credit union? If so, has anyone ever asked you about that? Maybe someone walked up and said “Hey Joe, don’t you bank at a credit union?” What was your reply?…

8 Steps In Securing A Bank Loan To Fund Your Startup

A common question I get is "How do I get a bank loan to fund my startup?" The default answer is that it probably won't happen, because most banks just...

What Is the Difference Between a Bank and a Credit Union?

Labeled as profit mongers who invent outrageous fees and give mediocre customer service, banks have not made a good impression on consumers. As a result, many of us end up looking for alternatives.…

Without passion, is your credit union just a bank?

Are you passionate about your Credit Union? “Yes” you say? Would the people you work with agree with you? Can you think of 3-4 ways that your passion comes through? If you are uniquely wired and passionate about the credit union movement as a whole, this should be easy! But in the end, does “passion” …

Consider these four factors when comparing banks and credit unions

What distinguishes credit unions from banks, and how does a customer make the switch? We take a look at the most important factors in comparing the two.

5 Simple Social Media Fixes for Bank and Credit Union Marketers

A recent review of the social media efforts by 600 financial institutions revealed a surprising number of social mistakes that were hard to ignore, but easy to fix. Unfortunately, too many banks and credit unions don’t bother to continually assess their social media elements, so they end up sacrificing followers and hurting their social images....

Who Funds Mortgage Loans? Banks, Credit Unions, Mortgage Banks, and Brokers

Mortgage Banks channels can typically move much faster than commercial banks b/c they are less regulated, smaller and more nimble.

Big Banks Start Campaign to Destroy Credit Unions

Banks control 93 percent of all US financial assets, but want to eliminate a federal tax break for credit unions because they feel it gives them an unfair advantage.

Should Your Small Business Choose a Credit Union Instead of a Bank?

You’re looking for new options for depository services for your small business and, of course, you want the best combination of products, services and rates. Typically, you’d go to a bank for those services. And while you’re familiar with credit unions and may even use one for your personal accounts, you’ve never considered one for your small business. But are there benefits to using a credit…