Having short-term, long-term and daily spending accounts are needed for full financial and money health. Multiple savings accounts and checking accounts and more are covered.
Savings, Loans and Borrowing
Questions and answers about loans, borrowing, lines of credit and more.
What’s the difference between short-term and long-term savings?
Savings accounts come in a few forms: specifically, short-term savings and long-term savings. Each savings account is used for a different goal.
I’ve budgeted and cut down on my spending, but it’s still not enough – now what?
Have you budgeted, cut down on expenses and focused on your money, but are you still not getting ahead? This article is for you!
Why is an emergency fund important for your overall money health?
Your money health is important. Having an emergency fund means having solid planning and awareness of “what can happen, will”.
What are good reasons to have an emergency fund?
An emergency fund is a simple savings account devoted to a specific emergency – medical expenses, car repair, home repair, etc.
How much should I have in my emergency fund?
An emergency fund is a simple savings account devoted to a specific emergency – car repair, medical emergency, home repair, etc. Do you have one?
When is the one time focusing on saving and retirement shouldn’t be a first concern?
Focusing on savings and retirement is a smart move. However, there is a time where this might not be in your best interest.
What is earnest money, when it comes to mortgages?
When you buy a home or sell your home, there is a lot to consider. One thing involving home loans and mortgages is earnest money. What is it?
What types of loans do you offer?
First Choice FCU of New Castle PA has created an evolving list of loans and loan services to better serve our membership.
What are the current rates for a car loan?
Car loans boil down to three required amounts – time, amount and interest rate. First Choice FCU has some of the lowest rates around New Castle PA.