{"id":6249,"date":"2023-04-21T18:56:58","date_gmt":"2023-04-21T18:56:58","guid":{"rendered":"https:\/\/www.vfcu.net\/?p=6249"},"modified":"2023-04-26T19:01:40","modified_gmt":"2023-04-26T19:01:40","slug":"credit-union-brownsville-branch","status":"publish","type":"post","link":"https:\/\/www.vfcu.net\/es\/credit-union-brownsville-branch\/","title":{"rendered":"Financial Literacy at our Credit Union Brownsville Branch"},"content":{"rendered":"<p class=\"p1\">What is Financial Literacy? It refers to the ability to understand and effectively use various financial skills, including:<\/p>\n<p class=\"p1\">\u25cf Investing wisely<\/p>\n<p class=\"p1\">\u25cf Borrowing smartly<\/p>\n<p class=\"p1\">\u25cf Personal budget management<\/p>\n<p class=\"p3\">Being financially literate helps create balance and a foundation to manage your money correctly. VFCU aims to provide services and information to help our community borrow and manage correctly. We want to share four benefits of Financial Literacy.<\/p>\n<h2 class=\"p4\">Financial Literacy Means Freedom<\/h2>\n<p class=\"p1\">Studies have shown that people who have high levels of financial literacy are more likely to:<\/p>\n<p class=\"p1\">\u25cf Make ends meet with their finances<\/p>\n<p class=\"p1\">\u25cf Spend less of their income<\/p>\n<p class=\"p1\">\u25cf Create a three-month emergency fund<\/p>\n<p class=\"p1\">Financial literacy also means a financial future. Besides a 401K, the best investment would be to self-contribute your assets and help you reach goals such as:<\/p>\n<p class=\"p1\">\u25cf Paying off your debt.<\/p>\n<p class=\"p1\">\u25cf Having adequate retirement funds.<\/p>\n<p class=\"p3\">\u25cf Helping family members through significant life changes.<\/p>\n<h2 class=\"p4\">Borrow Confidently<\/h2>\n<p class=\"p1\">Interest is an essential factor when trying to borrow or grow your funds. For example, you&#8217;d want the best rates by putting money into an interest-yielding investment, such as the money market or an individual retirement account (IRA). You should know the difference between:<\/p>\n<ul class=\"ul1\">\n<li class=\"li1\">Simple interest is the amount you can earn on the money you initially invest. After some amount of time, your investment will grow through interest.<\/li>\n<\/ul>\n<ul class=\"ul1\">\n<li class=\"li3\">Compound interest is the amount you earn from your original investment plus the interest you have made in addition to the interest you&#8217;ve already earned.<\/li>\n<\/ul>\n<h2 class=\"p4\">Choose Between Brownsville Banks or VFCU<\/h2>\n<p class=\"p1\">Getting approved for a loan can mean unfixed loan rates if you go through a Brownsville Bank. For our credit union Brownsville branch, not only are we a non-profit, but we also:<\/p>\n<ul class=\"ul1\">\n<li class=\"li1\">Return profits to our members<\/li>\n<li class=\"li1\">Provide fixed rates on loans, such as personal loans<\/li>\n<li class=\"li3\">Provide Brownsville banking services and lending.<\/li>\n<\/ul>\n<h2 class=\"p4\">Enjoy Financial Services with Credit Union Brownsville Location<\/h2>\n<p class=\"p1\">Members who apply at VFCU will have plenty of effective banking services that benefit their financial lifestyle. Become a VFCU member and:<\/p>\n<p class=\"p1\">\u25cf Apply for loans easily online.<\/p>\n<p class=\"p1\">\u25cf Get access to VFCU Member Benefits.<\/p>\n<p class=\"p1\">\u25cf Get a FREE credit score when downloading the VFCU Mobile Banking App.<\/p>\n<p class=\"p3\">Get ahold of other potential benefits of our loans by applying\u00a0<a href=\"https:\/\/www.financial-net.com\/valleyfcu\/lending\/InternetLoans\" target=\"_blank\" rel=\"noopener\"><span class=\"s2\">online<\/span><\/a>, or for more information on our loans, call (956) 546-3108.<\/p>\n<h2 class=\"p4\">Borrow from our Credit Union Brownsville Branch!<\/h2>\n<p class=\"p1\"><span class=\"s2\"><a href=\"https:\/\/www.vfcu.net\/contact\/\">Contact us<\/a><\/span>\u00a0for more information and see if you can become a member of VFCU and gain access to plenty of membership benefits!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Financial Literacy? It refers to the ability to understand and effectively use various financial skills, including: \u25cf Investing wisely \u25cf Borrowing smartly \u25cf Personal budget management Being financially literate helps create balance and a foundation to manage your money correctly. VFCU aims to provide services and information to help our community borrow and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6250,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[80,120,108],"class_list":["post-6249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tips","tag-banks-brownsville","tag-credit-union-brownsville-branch","tag-vfcu"],"_links":{"self":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts\/6249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/comments?post=6249"}],"version-history":[{"count":0,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts\/6249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/media\/6250"}],"wp:attachment":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/media?parent=6249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/categories?post=6249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/tags?post=6249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}