Blog

Money talks.

 

Our blog is written by experts — who also happen to be real people who have experienced the same financial concerns you have. Read on for real talk about real finances.

9 Smart Strategies for Switching Financial Institutions

Read Time
4minutes
Managing your money should be convenient and worry-free. Poor customer service, driving distances to ATMs, high interest rates on loans, and more can all create a negative banking experience. If you’re facing these obstacles, it’s time to find a better organization to handle your money. Finding a new personal banking partner and switching financial institutions can seem daunting, but it doesn�... Continue Reading »

8 Personal Loan Uses and Benefits

Read Time
5minutes
Personal loans can come in handy for a variety of purchases, but you may hesitate to apply because you do not know all of the benefits or personal loan uses. As soon as you know those, you will see all the reasons a personal loan can work for you.  Benefits of a personal loan Some of the benefits of having a personal loan are...  Helps build credit  Allows borrowers pay for purcha... Continue Reading »

Talk To Your Kids About Money

Read Time
3minutes
Teaching your kids about money isn’t a single conversation. It’s a process that goes on until they’re on their own – and beyond. But talking about money can be tough, so here are some tips for ensuring your kids receive the financial education they need.  1. Teach by example. Kids learn how you handle money long before you start to consciously teach them. When they see you buying on im... Continue Reading »

Personal Finance Tips for 2022

Read Time
4minutes
Right now, you are probably trying to keep your finances in check throughout the holidays. Once the holidays are behind us, your finances could be the thing left behind. What goals do you have to make them better? 2022 is coming up and starting the new year with a fresh view of your finances can change up your entire year. To help, we have 5 personal finance tips that you can use to rock your fina... Continue Reading »

How To Manage Debt

Read Time
3minutes
Everyone is eager to eliminate the nagging pressure of debt and its interest payments. But that’s a tough problem to escape. The average credit card balance among indebted Americans (about $7,000) has remained steady for years.  The debt challenge can be so daunting – especially if you face large or multiple debts – that some people think it’s unbeatable. The good news is if you take t... Continue Reading »

Is A Home Equity Loan Right For Me?

Read Time
5minutes
From paying down those credit cards to making a major purchase, like a new car, a home equity loan could be a reliable source of funds. But because you’re borrowing against your home, you should know what exactly you’re getting into. Here is a look at the basics of home equity loans to help you ask yourself, “Is a home equity loan right for me?”  What is a home equity loan?  With... Continue Reading »

How to Join a Credit Union

Read Time
3minutes
Who can join a credit union? Finding the right financial institution for your needs can be challenging, especially given the myriad of products, services, and incentives that are out there today. Among these endless options, many consumers are turning to credit unions as their financial institution of choice. And it makes sense, given their competitive rates and broad range of products and a... Continue Reading »

Celebrating 75 Years of Credit Union History

Read Time
2minutes
Credit union beginnings This year at Cobalt Credit Union we celebrated 75 years of serving our members! We were founded in 1946 as SAC Federal Credit Union to serve Strategic Air Command (SAC) at Andrews Air Force Base in Maryland. When SAC moved to Offutt Air Force base in 1948, we moved along with them. For many years we served the military community exclusively before expanding our membershi... Continue Reading »

Building an emergency fund: The basics

Read Time
3minutes
You can’t ever be fully prepared for the unexpected, but it’s nice to have extra cash on hand in the case of an emergency. By preparing and saving now, you can help prevent a financial headache the next time something you don’t anticipate comes your way. What is an emergency fund? An emergency fund is exactly as it sounds, money set aside to cover unanticipated expenses. While you may ... Continue Reading »

Affordable ways to show your loved ones you care this Valentine's Day

Read Time
5 minutes
Stores are filled with flowers, candy, stuffed animals and heart-filled cards as Valentine’s Day quickly approaches. People browse the aisles looking for the perfect gift. In fact, people spend roughly $9.324 billion on significant others/spouses on Valentine’s Day each year, with prices of the most common Valentine’s Day gifts increasing annually. This year, take the time to think about the... Continue Reading »