Ever leave your bank thinking, “someone just made some money and it wasn’t me?” Maybe a trip to your local credit union will be the cure. Credit unions are member-owned and offer low fees, high rates on savings and low rates for loans. Today we’ll dive into the world of credit unions with some help during a special Wednesday “Fintech” segment from Navy Federal Credit Union’s retired Marine Colonel Clay Stackhouse. We’ll discuss how they work, the basic benefits, and the perks that people often overlook.
Of course, that’s not all. We’ll still throw out the Haven Life line to help a lucky listener AND Doug will share his union-oriented trivia…although he might be on the wrong track today (what’s new). Enjoy!
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Talking Real Money
Co-hosts Don McDonald and Tom Cock deliver straight forward, honest, advice on building the wealth you need for a more secure future. You can listen in wherever you listen to podcasts, or at TalkingRealMoney.com.
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A big thanks to Discover for supporting Stacking Benjamins! Discover matches all the cash back you earn on your credit card at the end of your first year automatically with no limit on how much you can earn. Learn more at Discover.com/yes.
Our Headlines – What’s the Deal with Credit U’s?
First, we cover a piece on all the innovative ways credit unions are stepping in to help your neighborhood get back on its feet this summer: Helping credit union members enjoy summer of 2021 (CUInsight)
So, what exactly is a credit union? Why should you care, and who can join? We have you covered with our second headline of the day: What the heck is a Credit Union? (MyCreditUnion)
- Want to find one near you? Check it out the Credit Union Locator!
Retired Marine Colonel Clay Stackhouse – Navy Federal
A big thanks to Ret. Col. Stackhouse for sharing the benefits of membership with us! Learn more about what’s waiting on the table at NavyFederal.org.
Did you know it Military Appreciation Month? Navy Federal is celebrating by giving you an opportunity to win $1000! Here’s what you have to do:
- Take a picture with a loved and holding a sign showing how many years they served in the military.
- Upload and tag Navy Federal on Facebook, Twitter, or Instagram
- Make sure to include #MissionMilitaryThanks
Plus, even if you don’t win, Navy Federal is partnering with Operation Homefront to donate $5 for each year of service completed by your loved one. Win-win!
- As of 2020 what percentage of U.S workers are a part of a credit union?
Need life insurance? You could be insured in 20 minutes or less and build your family’s safety net for the future. Use StackingBenjamins.com/HavenLife to calculate how much you need and apply.
- Tyler and his wife are looking to do a contingency sell to buy a new home. Only problem? The market is too hot right now? What should they do?
Written by: Richie Rutter-Reese
Did you miss our special behind-the-scenes show yesterday? Anyone aspiring business (or even podcast enthusiants) will enjoy this one: Behind The Scenes: Stacking Benjamins (plus the tech and pulse of small biz)