Personal Finance

From the outside, credit unions and banks can seem nearly identical. Both offer checking and savings accounts, loans, credit cards, and digital banking tools. But once you look a little deeper, the differences between them become more than just noticeable—they become meaningful. Whether you're opening your first savings account or...

At Patriot Federal Credit Union, keeping you informed about changes that affect your banking experience is our priority. Some members rely on external peer-to-peer (P2P) payment services like Zelle. If you use Zelle with your Patriot account, here’s what you need to know about the upcoming changes.

Saving money may seem overwhelming at first, with all the options available—savings accounts, certificate accounts, or retirement plans. But the most important factor in saving is forming the habit. The key is to start small, whether it’s cutting back on a daily coffee or setting aside part of your paycheck....

As a member of Patriot Federal Credit Union, you know the value of being part of a member-owned financial institution. But did you know that there is a growing push to impose taxes on credit unions? This would affect not only the financial institutions themselves but also you—the member. It’s...

At Patriot Federal Credit Union, we're always looking for ways to provide better banking experiences for our members. As part of this commitment, we’re saying goodbye to the Allpoint ATM network. But don't worry – we’re here to help you avoid unnecessary ATM surcharges and continue accessing your funds without...

Many factors come into play when building wealth and improving your financial position. The amount of income you generate, saving regularly, and, most importantly, your ability to live within your means all play a crucial role. One of the best ways to reduce expenses and alleviate financial stress is with...

When most people think about an “emergency fund,” they equate it to money put aside for financial emergencies or unexpected expenses. While this might be the primary purpose, these funds hold much greater value in your overall financial health. Being unprepared for financial hiccups, such as a sudden job loss,...

The holiday season is filled with bright lights, festive music, and fun events with family and friends. However, there’s another reason that many employees’ spirits are high this time of the year – they are anxiously awaiting their year-end bonus. If you’re fortunate to receive a year-end bonus or raise...

Every New Year’s Eve, people around the globe create resolutions to better themselves in the coming year. Financial matters consistently rank among these top self-improvements. Maybe it’s saving more money, reducing debt, obtaining a higher-paying job, or buying their first home. The desire to improve oneself is admirable because it...