Your source for consumer information and credit union news.
By the Credit Union National Association and Elevations Credit Union
Credit unions as a whole are healthy, with strong balance sheets. Credit unions are well capitalized. Their overall capital-to-asset ratio stands at a very solid 11.1% (compared to 10% for banks). In dollars, that�s a capital cushion of $90 billion. ... Read more
By Ed Beckmann
Gas prices continue to rise, causing car sales to slow down. To help drive more traffic into their showrooms, the auto manufacturers are offering rebates and in some cases, even offering relief on gas prices for the next three years... Read more
By Gloria Wadzinski
Have you seen the bank commercial advertising an ATM on every corner? You might conclude that big banks offer the most ATM locations, but in fact, Elevations Credit Union has more ATMs than Wells Fargo and Chase put together...
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By Rich Jones
In banking there is one irrefutable truth: people want a bank that is convenient to their home. This fact is one of the main reasons many banks and credit unions are building new branches at a rapid pace. Elevations Credit Union is no exception... Read more
By Remar Sutton, RealityCheck
Have you seen one of the many ads for reverse mortgages on the television or received them in the mail? Many such ads paint reverse mortgages as ideal sources of income for any homeowner who’s 62 or older. In actuality, reverse mortgages are not for everyone. Your age, circumstances, and estate plans can make a big difference in whether a reverse mortgage or another type of loan may be best ... Read more
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