ACU of Texas Blog

A bank statement is a monthly or quarterly document that summarizes your activity to show what money went in and out of a bank account.

A CD early withdrawal penalty could cost you a good chunk of cash, but if you understand the terms and how this savings tool works, you can avoid getting hurt.

Money market accounts and certificates of deposit are both types of federally insured savings accounts that earn interest.

The check is a promise that the money will be there when the recipient redeems it, whether hours, days or weeks later.

As a first-time parent, you’ve probably been warned about sleepless nights, feeding struggles and the persistent fear that you have no idea what you’re doing.

When Morinda Birkl gets married in October, she won’t be carrying a bouquet. There will be no bridal party, and her wedding reception won’t feature a DJ.

Most people aren’t at a loss for ideas on how to spend a cash windfall. With bills to pay, savings accounts to fortify and even the most modest of vacations to plan, the dilemma is deciding what to drop from the list.

It’s an early lesson that applies to plenty of life’s quandaries, including this one: It’s pretty easy to tap your Roth IRA to buy a house, especially as a first-time homebuyer. But should you? Maybe not.

Most of the $1.5 trillion tax cut — a wide overhaul of the tax code under President Trump — went into effect Jan. 1.

Although the structure of both 15 year and 30 year mortgage strategies are the same, there are some considerations to keep in mind before selecting a mortgage plan.

As the name suggests, a closing is the last step in purchasing and financing a home! In the case of a home loan, a closing day concludes a home purchase and the closing of a loan on the same day. Closing day is deemed one of the most important days of the purchasing process, and can be very exciting.

FHA Loans are insured by the Federal Housing Authority (FHA), and are very popular among home buyers due to their less rigid borrowing requirements, making buying a house easier for first time home buyers.

Now that spring is here, take a moment to do a walk-around inspection of your home. See some room for improvements? Maintaining, repairing and upgrading a home can range in cost from a minor trickle to a major cash drain.

Other than a home, your vehicle is likely to be one of the biggest purchases you make in your lifetime. Taking the time to plan and prepare for buying a car, you can save money and gain peace of mind knowing you’re making an investment you can afford.

ACU of Texas wants you to know that we have your back when it comes to protecting your money. By providing 24-hour fraud monitoring and employing a number of tools and free benefits, we are here to help protect our members from fraud.

Teaching children how to spend, save and share money is a challenging task – but it isn’t impossible. Below are some basic tips to teach your children how to manage their money.

Last month, one of the world’s largest banks got rid of its only free checking account for customers who don’t or can’t maintain a daily balance of at least $1,500 or have direct deposit.

The future is digital, and we strive to always provide our members with the best digital banking programs.

Lenders, landlords, insurers, utility companies and even employers rely on your credit score to decide whether or not to extend products and services to you.

So what’s the best way to save for college? At ACU of Texas, we have a few solutions for you; Roth IRA, 529 Savings Plan, and our Star Savings Account.