Other posts in the Savings Category


December 28th, 2011

(Westland, Michigan) Wayne Westland Federal Credit Union is pleased to announce the largest reduction in loan rates in their 57-year history.  The Management team at WWFCU approved a reduction of nearly 50% of their current secured rates.   This major reduction was a move directed at the current economic conditions, so the local community can take

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Back-to-School Savings for Your Household Budget

September 1st, 2011

The start of a new school year means new teachers, new friends, and new challenges for kids and teenagers. It can also mean new and expensive supplies for parents to buy! This year, parents and students will spend 68 billion dollars getting ready for the new year of school. Savvy parents can take steps to

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Money Market Accounts – Safety and Flexibility

February 17th, 2011

Credit Union accounts are similar to regular savings accounts, with added features designed to increase yields. Wayne Westland Federal Credit Union money market accounts offer exceptional flexibility and may prove to be the right choice for those who will not need to access their savings on a regular basis Money Market Features When considering money

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Financial Counseling – Understanding Money Management Basics

February 13th, 2011

Understanding how to properly manage money can be complex and often intimidating.  Financial counseling provides insight into many strategies that will help to reduce debt, raise credit scores, and increase savings. Usually offered through local Credit Unions, financial counseling introduces members to qualified, friendly people that are trained in a variety of financial disciplines. In

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Certificate of Deposit – The Financial Safe Haven

February 10th, 2011

A certificate of deposit is an extremely safe financial instrument designed to provide a higher yield than traditional savings accounts. CD’s can be an attractive savings alternative if the account holder does not need immediate access to the funds. Understanding CD’s Unlike stocks, bonds, and mutual funds, CD’s are not subject to daily market fluctuations. 

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