Callahan & Associates, Inc.的动态

Get to know Suffolk Credit Union! Generations of Long Islanders trust us to guide them toward their financial goals. Wondering what makes our credit union different? We're interested in helping people prosper. Our team members are your neighbors, so we're all invested in making life better around here. And as a credit union, we're a not-for-profit, owned by members like you, which means you benefit from lower rates on loans and higher rates on savings products. You're the focus, not a group of shareholders. And that just scratches the surface. Real Easy. We’re more ahh and less ugh. A place that’s easy to do business with and easy to love, our streamlined processes, intuitive technology, convenient access, and wide variety of customizable products save time, reduce hassle, and make banking a breeze. Real Valued. A trusted advisor, we deliver personalized advice that makes members feel valued. By actively listening to our membership &?empowering employees to solve needs quickly, we are able to?deliver?objective, thoughtful guidance that’s grounded in expertise. Not only that, we deliver great rates that grow both money and people. Real Respectful. By treating people with dignity and respect, being open and honest, and doing everything in our power to say yes (while just saying no to nickel and diming), we elevate what it means to be a friendly, ensuring?loyalty isn’t just a program, it’s a way of life.

Credit unions play a critical role in our economy. While often compared to banks, we are not the same and often do not hold the same values. It's of extreme importance to understand how not-for-profit organizations use the revenue generated via fees. For example, as credit unions have no investors, we reinvest our profits into lower rates and fees. We also work to improve our members' services, such as guidance and financial literacy, through their financial journey. Please read the article below to learn more about the negative impact the CFPB's proposal on fees could have for institutions not profiting from "junk fees." https://lnkd.in/gk2W54ia

Agreed, Rebeca Romero Rainey. It is time to start thinking about whether a #creditunion should be allowed any more to acquire all (or substantially all) of the assets and deposits of a #bank without converting to a mutual or cooperative savings bank charter—i.e., if #creditunions want to keep their huge tax exemption (subsidy) as 501(c)(14) corporations. In addition, it’s time Congress revisit and bolster the value #communitybanking serves on #mainstreet. #banking #bankingandfinance

I wanted to share an article I just published on how credit unions can differentiate their offerings. In the crowded financial services market, credit unions must differentiate to stand out. This article explores how unique branding and key attributes help credit unions attract and retain members. I share a couple of real-life examples of brands that have successfully carved out their unique identities. Discover why personalized service, community focus, trust, financial education, and unique products are crucial for differentiation. Read the article here: https://zurl.co/P8Lx I welcome any feedback or comments. #creditunion #marketresearch #CustomerEngagement

Mastering Credit Card Use for Financial Success Hi everyone, as your Lindenhurst CPA, I've witnessed many clients grapple with credit card debt. While credit cards offer convenience, they can become a financial pitfall if used carelessly. Let's delve into four crucial credit card mistakes to avoid: Timely Bill Payment: Missing payment deadlines can lead to late fees and credit score damage. Set up automatic payments or reminders to ensure on-time payments. Minimum Payment Trap: Paying only the minimum means you'll spend more on interest over time. Strive to pay above the minimum to save on interest and clear your balance faster. Cash Advances Caution: Credit cards are ill-suited for cash advances due to high fees and interest rates. Reserve them for purchases, and opt for debit cards or ATMs for cash needs. Balancing Act: Carrying a high balance on your card can result in hefty interest charges. Aim to pay off your balance in full monthly or more than the minimum to curb interest costs. By sidestepping these credit card pitfalls, you can wield your plastic responsibly and avert financial woes. Mindful credit card usage is key to achieving your financial aspirations. If you seek financial guidance or have questions, reach out to me; I'm here to assist. Share this post with friends, family, and colleagues to empower them financially! #creditcards #financialsuccess #personalfinance #avoiddebt #CPA #Lindenhurst #taxes #moneymanagement #financialplanning #wealthmanagement

Credit unions are often considered a great option if you need help improving your savings, so why not pick one for your next #SavingsAccount? Read our new #blog to see the variety of account options offered, and how each can fit your savings strategy. https://bit.ly/3TIcU7X #NAFCUNation #MembersFirst #CreditUnionDifference

*** ATTENTION MY HUMAN RESOURCES FAMILY!! *** If your organization does not currently have a relationship with a respected, 70-plus year old financial ally like, ohhh -- First Financial of Maryland Federal Credit Union, then you're missing out on offering awesome rates on loans, credit cards and certificates of deposits to your employees, along with several other added perks that "standard" banks do not offer! Take a look at this terrific article that details many of the issues consumers have today with Big Banks and consider a FREE partnership with #FFFCU!

Ribbon was given a shout out for great tech solutions to support credit unions when a member passes away. Have a read! "Their simple plug-in avoids core integration, allows inheritors to digitally submit an inheritance request, verifies all documentation (e.g. death certificate), and gives a slick view to prioritize retaining inheritors. By simplifying the estate settlement and inheritance process, they allow credit unions to support and memberize surviving loved ones." https://lnkd.in/eTznwZw8

Does bigger always mean better? In terms of credit unions, there are benefits to both scales. Bigger can mean more resources and branches, which often results in more products and digital tools available for members. Whereas smaller credit unions harness their ability to connect to members and increase financial health. Read more to discover the lessons that lie within small credit unions. #PCSU/Coop #creditunions #creditunion

Does bigger always mean better? In terms of credit unions, there are benefits to both scales. Bigger can mean more resources and branches, which often results in more products and digital tools available for members. Whereas smaller credit unions harness their ability to connect to members and increase financial health. Read more to discover the lessons that lie within small credit unions. #PCSU/Coop