by Marketing NJFCU | Nov 16, 2021 | Blog
A credit union is a break from stringent bank formalities. The best one offers low rates on loans with flexible qualification standards. It has a powerful community presence and is often defined as a ‘cooperative financial institution’. No wonder then that the total...
by Marketing NJFCU | Oct 7, 2021 | Blog
As of 2021, as many as 6,293 credit unions are operational in the US. The annualized business growth of these financial institutions has been at a CAGR of 2.7% from 2016 to 2021. This was possible because more and more people joined these establishments. In fact, the...
by Marketing NJFCU | Sep 16, 2021 | Blog
Without flexibility, a bank springs to mind when you think of savings accounts. But you can also consider a credit union for this purpose. Both institutions have similar offerings, although with distinct sets of features. Yet unique advantages make a credit union more...
by Marketing NJFCU | Sep 8, 2021 | Blog
Even before the pandemic prompted people to buy a wide variety of products online, the car-buying experience was undergoing an evolution. Studies have found the number of dealerships buyers went to before making a purchase has dropped for several consecutive years,...
by Marketing NJFCU | Aug 31, 2021 | Blog
The fat, bulky wallets that your mom and dad crammed into their purse and pocket are more and more, being replaced by digital wallets. The roster of digital wallet apps continues to grow, and includes (but is not limited to) Venmo, Apple Pay, Google Pay,...
by Marketing NJFCU | Aug 10, 2021 | Blog
Credit unions are not-for-profit financial cooperatives. The best ones offer loans, checking accounts and credit cards, much like traditional banks. But they charge lower fees and interest. This is because these institutions work to promote the well-being of their...
