True Sky Federal Credit Union Blog
True Sky Foundation
Empowering Our Community Through Compassion: The True Sky Foundation The True Sky Foundation was created in order to serve, empower, and enrich the lives of the greater Oklahoma City area’s residents who [...]
Tornado Shelter Loans
If you’ve lived in Tornado Alley long enough to experience tornado season you know how destructive tornadoes can be. One of the most effective ways to protect your family against tornadoes is by [...]
If You’re Not Participating In True Sky’s Save To Win Program You’re Missing Out
Do you have a savings account? Is that savings account automatically enrolled in a draw to win money equal to the amount you have saved up to $500? If not you should [...]
How many savings accounts should I have?
Ideally you should have at least one savings account to get the benefit of interest that comes with a savings account, how many additional savings accounts you should have though is unique [...]
Can you direct deposit into a savings account?
Yes, you can set up a direct deposit into a savings account. Having your paycheck directly deposited into a savings account can be a great way to save money, and you can [...]
How much money should I keep in my checking account?
The amount of money that you should keep in your checking account varies greatly from person to person and is based on your unique financial situation. Not having enough money in your [...]
Does opening a checking account affect my credit score?
No, opening a new checking account does not have a direct effect on your credit score. For information about what does affect your credit score, check out our post here (coming soon). [...]
Checking vs Savings Account: What Is The Difference?
Navigating the world of banking can sometimes feel overwhelming, especially when it comes to understanding different types of accounts. Two of the most fundamental and widely used account types are checking and [...]
5 Benefits of a Credit Union
In today’s financial landscape, your choice of financial institution is more important than ever. While banks are a common option, many savvy consumers are becoming more interested in the unique advantages that credit unions [...]
Credit Unions vs Banks
At a glance, credit unions and banks might not seem all that different. Both financial institution types offer various loans and accounts, how different could they be? The truth is there is actually [...]
Pros and Cons of CD Accounts
A certificate of deposit (CD) account can be a great tool to invest money with low risk. A CD is an agreement between a financial institution and an individual who offers to invest their [...]
What Does ATF on a Bank Account Mean?
ATF, TOD, ITF, or POD are all referring to the named beneficiary of a bank account. Having a trust account is beneficial for carrying out specific instructions of what to do with your [...]
To Buy or Not to Buy Your Leased Car
If your auto lease has ended or is about to end, there are a couple of options for what you can do. 1. You can turn the car back over to the leasing company; [...]
10 Ways To Improve Your Finances in 2023
We have all made new year’s resolutions at least once in our lives. It’s the perfect opportunity to start fresh, a vow to create a better self in the coming year. There are many [...]
How to Pay Off Your Auto Loans Faster
Lenders have made car loans easier for borrowers to obtain. However, the loan terms can be extremely lengthy, sometimes as long as 96 months. A loan this long can accrue an immense amount of [...]
5 Ways To Improve Your Credit
Looking for ways to improve credit scores? You’re not alone. Studies have shown that nearly 1 in 4 adults in the U.S. have what’s considered to be a poor credit score. Poor credit [...]