P2P Pros & Cons
In today’s fast-paced digital world, peer-to-peer (P2P) money sharing apps have become increasingly popular. These apps allow users to send and receive money quickly and easily, without the need for cash or checks. While P2P apps offer many advantages, there are also some potential risks to consider. Pros of P2P Money Sharing Apps Cons of […]
Scam Slayer: Become The Ultimate Scammer Warrior
Imagine this: you’re cruising online, eyes peeled for the perfect deal on that must-have mobile device. Suddenly, BAM! An email with your name on it, promising an unbelievable price. Your heart races, fingers twitching towards “buy now.” But wait! Before you fall for the oldest trick in the scammer’s book, let’s chat. These sly scoundrels, […]
Understanding Lease Buyouts: A Comprehensive Guide for Consumers
At its simplest form, a lease buyout is when a consumer purchases a leased asset at the end of the lease term. This is an option that many people consider if they enjoy the vehicle, or the machinery, or the technology they’re leasing, and want to keep it long term. Here are some things to […]
Unleashing Your Home’s Potential: Home Equity Loans vs. HELOCs
Owning a home is a significant milestone, and your home is likely your most valuable asset. As your equity in your home grows, you can tap into it to fund your financial goals. Two popular options for leveraging your home equity are home equity loans and Home Equity Lines Of Credit (HELOCs). Home Equity Loans: […]
Refinancing 101
Refinancing involves replacing an existing loan with a new one, typically to secure better terms, lower interest rates, or access cash. This process involves taking out a new loan to pay off the old one. You can refinance any major loans that you have – school debt, personal loans, auto and boat loans, and of […]
SHFCU’s Favorite Brunch Spots
We’re located in one of the brunch hotspots in all of Western New York, and luckily for us brunch is one of our favorite meals. Here are some restaurants we recommend checking out: Kaylena Marie’s Artisan Bakery & Cafe We’re lucky to have one of Western New York’s up-and-coming bakeries in our own backyard. We […]
Make Saving a Priority in 2024
It’s never too late (or too early) to start saving for your future. With the new year upon us, what better time to reassess your finances and take steps towards investing your money wisely. You’re probably thinking “I’ve tried to simply ‘save more more,’ and it’s gone poorly in the past.” Well yes, saving money […]