Category: Other
How to Tell If Someone Is Using Your Identity
Identity theft does not always announce itself with one obvious warning. Sometimes the first sign is a small unfamiliar charge. Other times, you may discover an account you never opened, receive a debt collection notice for money you do not owe, or find out that someone filed a tax return using your information. Knowing the signs of identity theft can ...
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What to do if your identity is stolen
Discovering that someone may be using your identity can be unsettling. Maybe you notice a purchase you did not make, an unfamiliar account on your credit report, a bill from a company you have never used, or an alert about a new account opened in your name. Whatever brought the problem to your attention, acting quickly can help limit additional ...
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Government impersonation scams: How to spot a fake law enforcement call
A phone call appears to come from a government agency. The caller knows your name. They may even provide a badge number, case number, or other information that sounds official. Then comes the threat. You owe a fine. You missed jury duty. There is a warrant for your arrest. Your license is about to be suspended. Your identity has been ...
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Member exclusive: Save 30% on Trust & Will estate plans in October
Estate planning can help you make your wishes clear, protect the people you care about, and decide how your assets should be handled in the future. This October, People Driven Credit Union members can make getting started a little more affordable with an exclusive 30% Trust & Will discount. Save 30% on Trust & Will during October Through Love My ...
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Bank vs. Credit Union: What Is the Difference?
When comparing a bank vs. credit union, the biggest difference is ownership. Banks serve customers and may be owned by private investors or shareholders. Credit unions are not-for-profit financial cooperatives owned by their members. Both can offer checking accounts, savings accounts, loans, credit cards, digital banking, and other financial services. The right choice depends on the products, rates, service, access, ...
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The Rule of 72
How long will it take your money to double? You do not need a financial calculator to get a quick estimate. The Rule of 72 is a simple formula that shows how time and compound growth can work together. How Long Will It Take Your Money to Double? The calculation takes only a few seconds. Divide 72 by the annual ...
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What Is a Community Credit Union?
A community credit union is a member-owned financial cooperative that serves people connected by an approved field of membership. That field may include a geographic area, employers, organizations, family relationships, or a combination of eligible groups. People Driven Credit Union serves eligible members across Michigan. Members can use local branches and support, while also managing accounts through digital banking and ...
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What Is Shared Branching and How Does It Work?
Credit union shared branching gives you access to in-person services when you are far from your credit union’s locations. Through a participating network, eligible members may visit another credit union and complete certain transactions as if they were at their home branch. For People Driven Credit Union members, shared branching adds another way to manage money while traveling, attending school, working ...
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Why Local Loan Decisions Matter
Local loan decisions can give borrowers access to a team that understands the financial institution’s products, lending policies, and the communities it serves. That does not remove underwriting requirements. It can make the process easier to understand and give you a clear place to ask questions. What is a local loan decision? A local loan decision means the financial institution ...
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3 Smart Moves for Meeting a Financial Challenge
Financial challenges for families can include rising everyday costs, growing debt payments, and difficulty finding affordable housing. Start With the Numbers You Can Control When several financial pressures hit at once, it can be difficult to know where to begin. Start by looking at three parts of your finances: What comes in each month What must go out What can ...
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