Yearly Archives: 2020

9 Ways to Save Money on Your Air Conditioning Bill this Summer

Let’s face it – it’s HOT. And this summer, we are spending a lot more time at home than usual. So how can we reduce our air conditioning bills without sweating while sitting still? Check out these tips to help lower your cooling bill without lowering your comfort level. Get a Smart Thermostat or…
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6 Things to Consider When Buying a New Car

Are you thinking about heading to the dealership to pick up a new ride? Whether you find this prospect exciting or stressful, there is a lot to think about before making such a big investment. Consider these 6 things before buying your new vehicle to make sure that your new purchase is a happy one....Read…
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Avoiding Cryptocurrency Scams: What You Need to Know

In today’s landscape, scams of every kind are rampant. You have probably heard about cryptocurrency scams through the media, but in order to truly protect yourself from this scam category, you need to know what it is and what to look for to avoid it. What is Cryptocurrency? First things first: what…
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5 Ways to Use Loans to Improve Your Financial Situation

Although you may think of taking out a loan as a bad thing, there are various ways that loans can help improve your financial situation and actually help you become debt free sooner. Lower Your Mortgage Payment Mortgage Refinance If the interest rate on your current mortgage is 1%-2% higher than what…
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How to Make Your Home’s Equity Work for You

So, you’ve been paying on your home’s mortgage for a number of years now. One of the biggest benefits of owning a home versus renting is that you earn equity with each payment. But what is home equity and how is it beneficial to you? What is Home Equity? Home equity is the homeowner’s interest...Read…
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How to Keep Your Information Safe from Malicious Smartphone Apps

Lately, we’ve seen a rise in the amount of Malicious Mobile App, or MMA, attacks that continue to get more and more sophisticated. With the majority of people spending more time at home and doing most of their banking online, it is likely that cyber-attacks, such as MMA’s, will continue to increase.…
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Patriot Awards Baumunk Scholarship to Katelyn Jones

Patriot Federal Credit Union’s Richard E. Baumunk Memorial Scholarship for 2020 has been awarded to Katelyn Jones, from Fayetteville, Pennsylvania.  She will be attending University of Pennsylvania, beginning in the Fall semester. Graduating seniors in the areas served by Patriot Federal Credit…
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Is Zero-Percent Financing as Great as it Sounds?

A zero-percent financing loan probably sounds like the best deal you can get when buying a car, but is it too good to be true? How does zero-percent financing work? Before we get into whether or not zero-percent financing is the best choice when buying a car, let’s talk about how it works. Zero-percent…
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How to Avoid Vishing Scams

First things first, in order to avoid vishing scams, we need to know what they are. “Vishing” means “voice phishing.” Phishing, if you are not familiar, is a form of scam played out over email. So, all in all, “vishing” is a voice scam. These scams are played out over the phone, so vishing…
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Low Interest Rates = Opportunities for You!

One of the consequences of the COVID-19 pandemic is that interest rates are at an all-time historic low.  The low interest rate environment impacts savings and loans.  Here are some ways you and your family can benefit from the current low interest rate environment. Savings Opportunities With…
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