Believe it or not, you’ll need more than just a pile of cash to make your first (or second, or third) home purchase. There are other non-monetary assets that you’ll need in order to qualify for a home loan with the lowest interest rate. Add these five assets to your list of things to have

October 18, 2018 marks the 70th anniversary of International Credit Union (ICU) Day. Since 1948, credit unions around the world have come together annually on the third Thursday in October to commemorate the credit union movement’s history and achievements. About ICU Day For over 150 years, credit unions worldwide have proudly collaborated to put people before

There are many questions you’ll be asking yourself, the dealership sales associate, and probably car review websites before you decide to buy a new vehicle—but here are six questions you should ask before signing any purchase papers. These questions should be your “deal testers,” a way for you to verify the purchase terms, understand all

Never one to shirk from a challenge, the Wayne Westland Federal Credit Union (WWFCU) team decided to take part in the Michigan Credit Union League’s #KekeChallenge. Set to Drake’s “In My Feelings,” and including dance moves made popular by Instagram comedian theshiggyshow, the WWFCU staff definitely rose to the #KekeChallenge! By participating in the challenge, we’re

If you’re considering replacing your vehicle, have you considered purchasing a used one? The perception of used cars can be somewhat negative. That’s why the market-friendly term “pre-owned” is now more widely used (forgive the pun). However, shopping for a used car can be tricky because every car has a unique, and often hidden, history.

Credit unions are not-for-profit, community-based, member-owned financial institutions that are uniquely positioned to help America’s more than 27 million small businesses. They return yearly profits to their members in the form of lower interest rates on loans, lower fees on accounts, and better interest on savings accounts—including business accounts and loans. They also offer smaller

Bugs, viruses and ransomware have all forced us to be diligent when it comes to our email. But what about social media? Scammers are tackling Facebook, Twitter and other channels as well. The Better Business Bureau warns that you need to have your guard up wherever, and whenever, you click these days. One Facebook scam

In recent years, personal loans have become one of the fastest growing loan products. They’re appealing for many reasons: they can offer low interest rates for people with good to great credit, they can be for smaller loan amounts, and they can be used to pay for a range of life’s expenses, including consolidating debt,

Although Wayne Westland Federal Credit Union’s mobile app doesn’t include mobile deposits yet (we’re working on it, we promise!), a new rule by the Federal Reserve Board may still affect our members. Called Regulation CC, it’s changing how financial institutions are processing mobile deposits. If you’re unfamiliar with the term, mobile deposits let you use

Although the terms sound interchangeable, they represent two different stages in the home loan application process. If you begin looking at houses when you are pre-approved but not pre-qualified, you could fall for a house you can’t truly afford, or you’ll lose out to another buyer who is further along in the mortgage and buying