The fundamental principal of any financial cooperative is that by pooling resources, everyone benefits. At SF Fire, our mission is to operate with efficiency and return as much of our earnings as possible to members in the form of affordable loan rates, lower fees and higher returns on deposits
More than 100 years ago, in a response to avoid being charged excessive costs on loans from lenders, the first laws were passed in Massachusetts recognizing the creation of member-owned credit unions. The idea caught on and helped the growth of the credit union movement across the country.
Recently, some credit card issuers have taken measures to turn credit cards into a burden by arbitrarily increasing rates and penalties or lowering limits. Here are four basic issues to examine closely when looking for, or using, a credit card.
There are new rules and guidelines that lenders must abide by concerning fixed-rate mortgages, which are reminiscent of guidelines in place before the real estate boom of the past decade. Be informed, as it helps establish realistic expectations concerning rates, fees and the actual loan process.
California Association of Realtors offers Free Mortgage Payment Protection for First-Time Home Buyers
With so much information circulating in the media, what can be overlooked are the many rules and guidelines that lenders must abide by – including how these rules could impact your expectations of the home loan process.
It is important to understand the nature and scope of this event, and the lack of impact it has on the safety of your accounts at SF Fire Credit Union or our soundness as a financial institution.
“Making Home Affordable Plan” offers little relief to Californians