You bank with Salal Credit Union, so clearly you’re careful with your money. Chances are you have a retirement plan, home and life insurance and an emergency fund. Now that you’ve protected your home, family and future, you might want to consider some protection for your car. GAP or “Guaranteed Auto Protection” insurance isn’t exactly [...]
Set up a monthly automatic transfer from your checking to your savings or Premium Plus Money Market. Studies show those of us who transfer money immediately and automatically are likely to save more. You can do this easily with Salal’s Online Banking. Establish alerts on your accounts to help you avoid paying late fees or [...]
Well, . . . no. You’re a newly minted adult, the ink still fresh on your diploma, ready to take on the challenges and responsibilities of adulthood. At Salal, we know you’re up to the task, but we want you to have every tool you need to be a success. So here are Salal’s Top [...]
Lending rates have been low for awhile now, and you’ve heard a lot about refinancing a mortgage to save money. Did you know you can do the same with your vehicle loan? Refinancing an auto loan is quick and easy.* There’s no appraisal required, fees are low if any, and a rate reduction of even [...]
An overdraft occurs when transactions such as checks, debit card purchases or ATM withdrawals exceed your account balance. An overdraft can occur for many reasons. For example, many of us prefer to keep our money where it earns dividends—Savings and Money Market—but if we forget to transfer money to checking before that mortgage payment goes [...]
Or in the air, or on the cruise ship . . . Summer is a great time to travel, but financial problems can derail even the best plans. If you’re going to be traveling this summer, here are some tips to keep your finances safe and secure: Don’t “advertise” your trip on social media. Like [...]
Debt can seem overwhelming. We add up our several credit cards, those department store cards that maybe saved us 15% once but are now costing more in finance charges, student loans, car loans… Getting debt under control can seem like an impossible task, but it doesn’t have to be. And better yet, you don’t have [...]
If you’re considering changing to a new financial institution (FI), here are some tips to help you switch safely! Ask your new FI if they provide a “Switch Kit.” This should provide all the steps you’ll need to take, as well as useful information such as the FI’s routing number, prefilled on the forms. Open [...]
The autumn solstice has come and gone, the Halloween candy has been devoured—sure signs that winter is quickly approaching. Is your home ready? Preparing for winter is generally a whole lot cheaper than repairing your home after disaster has struck, but adding insulation, upgrading your windows or installing new gutters still costs money. A Salal Home [...]
Rates on mortgage loans continue to be at or near historic lows. As a result, homeowners and would-be homeowners are asking themselves if now is the time to buy or refinance a home. If you’re in the market for a mortgage, here are some considerations: If you have a healthy credit score, you’re planning to [...]
