Archive
How to Protect the Elderly From Fraud & Financial Exploitation
Watching a loved one fall victim to a scam is heartbreaking. Con artists deliberately target the elderly by exploiting vulnerabilities, loneliness, and trust. Their fraudulent schemes can cause devastating financial and emotional consequences. The good news is that you have the power to protect your elderly loved ones from falling prey to fraud. A little...
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President’s Message 90th Anniversary
To Our Members, It is my honor and privilege to announce that your Credit Union is celebrating its 90th anniversary! As we reflect on this remarkable milestone, we are reminded of the enduring legacy and commitment that have shaped our Credit Union since its inception. Ninety years ago, a group of visionary...
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2024 Tax Season is Here
Tax season is here and along with it comes opportunity for fraudsters to attempt to take advantage of individuals. IRS scams come in a variety of forms. Scammers use mail, phone, email, texting, and more to defraud individuals and businesses and it is important to be alert and be aware when you find yourself on...
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How to Get Help (Quickly) If You’ve Been Scammed
There has been a significant rise in the number of scams targeting people over the past few years. Increased digital connectivity and technological advancements have made it easier for scammers to reach a larger audience than ever before. It’s important to take quick action after you’ve been scammed. Doing so can potentially reduce the damage...
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Cash-Out Refinance vs. Home Equity Loan: Which Is Better?
Cash-out refinancing and home equity loans offer two different ways to get money out of your home. While similar in some ways, each route comes with features that will make them more suitable to particular kinds of borrowers. We take a closer look at the pros and cons of a cash-out refinance vs. a home...
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The Best Way to Consolidate Debt Without Hurting Your Credit
If you are considering a personal loan for debt consolidation, you may be worrying that this will damage the very thing you are trying to protect: your credit. Let’s look at the best way to consolidate debt without hurting your credit. Will Consolidating My Debt Hurt My Credit Score? While juggling card balances and incurring...
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What Is a Home Equity Line of Credit or HELOC?
When you have equity in your home (the amount it’s worth minus how much you owe), you can leverage it to pay for high-cost expenses in life. These can range from tuition bills to home renovations, to the consolidation of high-interest debts. One way to get cash from the equity in your home is with...
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In Memoriam, Crystal Barnett
It is with a heavy heart that we announce the passing of one of our long time Board Members, Crystal Barnett. Crystal was a member of Freedom Credit Union since 1980. Crystal served as a volunteer for the Supervisory Committee for over 25 years and in 2019, she was appointed to our Board of Directors where...
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Introducing Our 2023 Scholarship Winners
With a long history of serving and supporting educational organizations, Freedom is committed to the value of education and to helping make post-secondary schooling possible for Members of the Credit Union. Each year, the Credit Union awards $2000 scholarships to three local students to support their educational endeavors. In April and May, we accepted...
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Simplifying Auto Lending
Interested in Purchasing a New Car? Buying a vehicle is an extensive process, from searching for your ideal car, to securing financing that meets your needs, and all the price and financing haggling that may come in between. Your Credit Union is here to make the entire process quicker and easier for you, so you...
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