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What is a Share Certificate (CD)?

A share certificate is a temporary savings account offered by a credit union that—just like a certificate of deposit (CD) at a bank—saves a sum of money with a locked-in interest rate over a fixed period of time. Even if interest rates go down, your CD’s rate stays the same, so you keep saving at a competitive rate.

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How Do I Start Building Credit?

If you want to qualify for a loan to buy a house, a car, or another expensive product or experience, you need credit. The world of credit, credit reports, and credit scores can seem intimidating—especially if you are just starting out—but you can start building credit right now and work towards funding your financial dreams with these tips.

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What is a Savings Account?

You can use a savings account to put funds away for large purchases, emergencies, life events, and more. Plus, this type of account earns interest, which will grow your savings to help you reach your goals.

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What is a High Yield Checking Account?

Most people use a checking account to manage their everyday finances—to pay bills, receive a direct deposit paycheck, make purchases, and more. But certain types of checking accounts, known as high yield checking accounts, can also help you save money.

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What is the Difference Between a HELOC and HELOAN?

Your home is an asset, and its value can help you reach other financial goals sooner. A Home Equity Line of Credit (HELOC) and a Home Equity Loan (HELOAN) are both forms of borrowing that use the equity in your home as collateral.

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What is a High Yield Savings Account?

When you are saving for your goals, every penny counts. While all savings accounts earn interest, which helps your balance grow, certain accounts pay dividends at a higher rate. These are known as high yield savings accounts.

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