Purchasing a used car is an excellent strategy for avoiding the substantial depreciation associated with buying a new vehicle. As the economy continues to recover and sales of new cars accelerate, dealers are eager to liquidate their growing inventory of trade-in models. This presents anyone in the market for a pre-owned vehicle with an opportunity

Credit Unions are financial institutions that offer a wide variety of banking products and services. Unlike traditional banks, Credit Unions are founded by groups of people that share common interests. Usually based around communities, associations, or employees of large corporations, Credit Unions are owned and operated by their members. This provides a level of service

For anyone struggling with substantial debt from credit cards and other unsecured loans, a consolidation loan from a local Credit Union can provide immediate financial relief. The debt consolidation process involves combining separate high interest loans into one single balance and monthly payment. Debt consolidation typically provides a lower interest rate than the combined rate

While the current economic environment remains challenging, Michigan Credit Unions continue to attract new members with personalized service and innovative banking products. Since Credit Union account holders are also members, employees recognize that every member is also an owner. As traditional banks raise fees, eliminate incentives, and tighten lending standards, Credit Unions are introducing innovative

Automatic Teller Machines (ATM) serve an important role in the complete banking experience. ATM’s provide outstanding convenience and a variety of banking services available at many locations. Small, wallet sized cards allow access to ATM machines and often serve as debit cards that are accepted at most retail stores and supermarkets. The use of the

Anyone who owns a home recognizes its importance and substantial value. Homeowners insurance provides security and peace of mind in the event of an unexpected catastrophe. When evaluating and comparing insurance companies, it is important to understand the numerous coverage and policy options that are available for homeowners. Qualified insurance agents can be helpful in

For every driver, auto insurance is a vital necessity. Since there are so many confusing coverage choices, it can be challenging to find the right car insurance policy. Before purchasing auto insurance, it is important to identify your specific needs and to understand the factors that affect insurance rates. Important Coverage Considerations Becoming informed about

Regardless of age, planning for retirement is an important component of any long-term financial strategy. Through the benefits of modern medicine, people are commonly living well into their 80s and beyond. Coupled with the continuing uncertainty surrounding social security benefits, careful planning is vital to ensure adequate financial resources are available throughout retirement. At its

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

With the long-term solvency of social security still in question, it is becoming increasingly important to plan for self-sufficiency in retirement. Regardless of age, IRA’s are a valuable tool provided to enhance retirement savings.  IRA and 401k Rollover services are available through Wayne Westland Federal Credit Union. IRA’s present substantial tax benefits compared to regular