True Sky Federal Credit Union Blog
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 [...]
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 [...]
5 Tips To Save Money This Fall And Winter
It’s the perfect time to start considering your end of the year money strategy. With the upcoming fall and winter holidays quickly approaching you’ll need all the money saving tips to keep all [...]
The Importance of Investing in IRAs
An IRA or Individual Retirement Account is an account that provides tax advantages for retirement savings. There are a few types of IRAs that True Sky Credit Union offers. First is a Traditional [...]
Should I Invest In A CD?
If you have found yourself at this blog, then you are almost guaranteed to be asking the question, “ Should I invest in a CD?” Well first, what is a CD, because we’re not [...]
Universal Tips for Debt Management
A person’s financial situation can say a lot about someone. It shows how a person is able to handle financial difficulties, ability to effectively manage their income, their debt management, how much they can [...]
Money & Marriage: 10 Financial Tips For Healthy Relationships
You can probably guess that money is the number one reason married couples fight, and you’d be right. That’s not how it should be, though. Here at True Sky Credit Union we don’t want [...]
Improve Personal Finances For Millennials
If you are currently struggling with personal finances right now, then you’re not alone. According to the Mind Over Money survey conducted by Capital One and the Decision Lab, over 70% of Americans are [...]
Money Communication For Couples
Having clear communication in any relationship is a must, especially about finances. It’s always smart to keep the lines of communication open and clear about finances with your partner, but unfortunately, money and [...]
How to Handle Financial Stress
You might be wondering, “what does money have to do with my stress and sanity?” The answer is simple: a lot. If you have ever experienced financial stress, then you’re a part of the [...]
Why Do Credit Unions Require Memberships?
Though many people may conflate banks and credit unions, there is one major difference between the two. Credit unions require memberships. If you have only used traditional banks, you might be confused as [...]
The History of Credit Unions – A Complete History
There’s a high likelihood that you’ve seen a credit union, even if you didn’t know it. Perhaps you’ve wondered what it is or how they started. A credit union is a member-owned financial cooperative [...]