At FRB Federal Credit Union®, we are excited to announce our participation in America Saves Week 2025, taking place from April 7-11! This annual celebration is all about taking action toward better financial habits and planning for a stronger, more secure future. This year’s theme, “Saving for Your Past, Present, and Future”, encourages us all...Read More
Written by Jean Chatzky Consider these strategies for handling life’s financial surprises. Do one thing: If you don’t have an emergency fund, start now by setting aside a small amount every week in a separate account from the one you use to pay your monthly bills. If you tuck away just $10 a week, you can...Read More
Written by Chris O’Shea How much to budget for some common surprise expenses. According to a recent report, 56 percent of American adults have dealt with a “surprise expense” within the last year. The average cost of that expense was a whopping $5,500. What does that mean? It means a healthy emergency fund is necessary. Here’s a...Read More
Written by Jean Chatzky Is There a ‘Right’ Amount of Emergency Funds to Have Saved? Do one thing: If you don’t have a separate emergency fund set up outside of your main checking account, open one and set up an electronic funds transfer to move a specific amount – say $20 to start – from...Read More
Your financial health is important! You want to be able to have the flexibility to do what you want, when you want, without worries. And we can help you get there by creating a realistic budget. Join our own CEO, Theresa Trimble, for a Budgeting & Personal Finance Webinar on Tuesday, January 23rd from 12:00 – 1:00...Read More
Everyone knows that having a realistic budget in place is a good idea, but have you created your own budget? Budgeting is the important first step to taking control of your finances! An easy budgeting rule to follow is the 50/30/20 rule. This budgeting method splits your income into three “buckets” and is a great...Read More
How will you pay for an unexpected expense? You don’t know what it will be, or when it will happen, or how much it will be. I promise you, though, it will happen. It might be a car repair, a vet bill, a new water heater, a new phone, a new computer, the list goes on and...Read More
