Reaching Your Financial Goals Requires Knowledge And Skills
Without an understanding of basic financial strategies and terms, it can be challenging to make informed decisions, overcome obstacles, and reach your financial goals. We are here to help you expand your financial knowledge with courses, programs, and technology. Read on to learn all the ways that we can help you succeed.
Financial Literacy Classes
Whether it’s buying a home or vehicle, going to college or preparing for retirement, you have big plans. We’re here to help you achieve them. Join us for our complimentary seminars and webinars and get real advice from real experts.
Fin-Life – Financial Wellness App
Financial planning shouldn’t be frustrating, confusing, or exclusive. We’ll coach you through the top 10 financial wellness topics, from creating and sticking to a budget, to planning for the future. No investor-speak, monthly fees, or in-person meetings needed—just your phone and 3 minutes a week.
Youth Savings Account
Your kids can start healthy financial habits early with their very own savings account. Whether the goal is a new bike, summer camp, or even college, it’s never too early to start powerful savings habits.
Raise Your Credit Score
There’s no question that having a good credit score is more important than ever. Thankfully, you can monitor your credit, access your free credit report, and even raise your credit score with the help of Experian Boost.
Financial Education for Schools
Bite of Reality
In our interactive reality fair events, students choose a career that comes with a salary, family, loans, debt, and medical insurance payments. Students work with credit union volunteers to make simulated spending decisions, all while trying to stay within their budget.
Financial Education for Military and Veterans
Veteran Financial Wellness
At Service Credit Union, we believe everyone should have the opportunity to be financially well. That’s why we’re here with the resources you need to help you achieve your financial goals, no matter what your objective is. Check out our library of resources below, and find the right mix to get you on your path to financial wellness.
Get Helpful Finance Tips
From Service Credit Union
An Adjustable Rate Mortgage, usually referred to as an ARM, is a type of mortgage product that typically is fixed…
Frequently Asked Questions
A budget is your financial plan that estimates money coming in (income), and money going out (expenses) for a certain period of time.
Financial planning shouldn’t be frustrating or confusing. Start reaching your goals in just 3 minutes a week with the Service CU Fin-Life app.
Maintaining a budget is important to ensure you are living within your means. Budgeting helps you control your spending, while helping you stay organized and able to pay your bills on time.
Learn more in our blog post Budgeting for Everyone.
Setting goals is one way to hold yourself accountable and stick to your budget. Having short term and long term goals can help you stay on track and feel more in control. An example of a small goal could be not ordering take out for two weeks, while a longer term goal could be saving money each week to build up an emergency savings account.
Check out The Top Five Reasons You Need a Financial Plan, from our partners at Pocketnest!
A credit score is a formula that lenders use to help determine how likely a borrower is to pay back borrowed money. Lenders, such as credit unions, look at the credit score to determine the type of credit that would best fit the borrower at the time of their application.
Your credit score is determined by factors such as: bill payment history, length of credit history, current unpaid debt, how much of your available credit you’re using, new credit requests, and if you have had debt sent to collection, foreclosure, or bankruptcy.
Learn more in our blog post What Makes Up A Credit Score.
A mortgage is a home loan that you pay back over a number of years. Your mortgage payment typically includes the principle (the original amount your borrow), interest (the amount you pay to borrow the principle), taxes and insurance.