Written by Chris O’Shea Use your budget as a tool to pay off debt. If you’re struggling with debt, you can use a simple budget to dig yourself out. Yes, a simple budget is a great way to deal with debt. It provides a framework that will guide you to eventually being debt-free. Here’s what...Read More

In celebration of National Financial Literacy Month, we’re excited to offer you a free Estate Planning 101 Webinar from Trust & Will! This isn’t just about protecting your assets; it’s about building a legacy for future generations, ensuring your family benefits from your hard work and values.Join the FREE Estate Planning 101 Webinar on April...Read More

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 Learn more about credit boosting services. A credit score is important, which is why so many people are looking for alternative ways to improve credit like boosting services. After all, these products claim to gather unconventional items — like on-time payments for streaming services — and use them to improve your...Read More

Saving for a comfortable retirement is important! Learning about how Individual Retirement Accounts (IRAs) can help boost your retirement savings can help set you up for a bright future. Join our own CEO, Theresa Trimble, for a Personal Finance: Boost Your Savings with an IRA Webinar on Tuesday, March 4, 2025, from 12:00 – 1:00 PM...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 Chris O’Shea How to reach short-term financial goals. It’s helpful to have financial goals. For those goals that you want to achieve within a year or two, the time is now to get things in motion. Here are some ways you can set yourself up for short-term goal success. 1. Create or Revise...Read More

FRB Federal Credit Union® will follow the following holiday closure schedule: November 27, 2024 – Thanksgiving Eve: Closing Early at 1:00 PM ET/12:00 PM CTNovember 28, 2024 – Thanksgiving: ClosedNovember 29, 2024 – Day After Thanksgiving: Closing Early at 1:00 PM ET/12:00 PM CTDecember 5, 2024 – Staff Holiday Party: DC Office Closing Early at...Read More

Written by Chris O’Shea How to lend money to loved ones. They say money and friends don’t mix, and there’s certainly some truth to that. One day you might find yourself in a situation where you are pondering lending money to a loved one. If that happens, consider the following before going through with the...Read More