Choice Words Blog

At a time when scams and fraud tactics are becoming increasingly sophisticated, pausing and evaluating can be the critical difference in preventing you from falling victim to fraud. Recognizing the need for public awareness, the FBI launched the “Take a Beat“ campaign, encouraging individuals to be cautious and verify information before responding to potentially fraudulent […]

If you’re a last-minute shopper, the pressure to check off your gift list without spending a fortune can feel overwhelming. But fear not; we’ve got you covered with plenty of ways to save money and fill those stockings in time for the celebrations. Here are 11 practical budget-friendly tips for last-minute shoppers to keep your […]

The holidays are a season of joy, giving, and celebration. But amidst the festive cheer, scammers wait, ready to exploit unsuspecting shoppers. According to the FTC, nationwide fraud losses topped $10 billion in 2023. With online shopping at an all-time high and countless promotions vying for your attention, it’s easy to get caught up in […]

Cryptocurrency has become synonymous with financial innovation, offering new ways to invest, trade, and transact. However, the rise of this digital revolution has also brought about a new legion of scams. Crypto scams are now a leading form of fraud, preying on the uninformed and the overly optimistic. According to the FBI’s First Annual Cryptocurrency […]

For many people, managing personal finances takes a backseat to the demands of everyday life. Bills pile up, expenses creep in, and sometimes, we look the other way. But ignoring your financial situation can lead to long-term consequences that are harder to fix the longer they’re left unchecked. It’s time to stop ghosting your finances […]

In the dating world, “swipe left” has become synonymous with rejecting a match that doesn’t seem right. If you’ve ever used a dating app, you know the feeling. You look at the profile, read a few lines, and realize, “This isn’t what I’m looking for.” So, you swipe left and move on, hoping to find […]

As interest rates decrease, aspiring homeowners look at the real estate market with growing enthusiasm. Lower interest rates can improve affordability, giving buyers more purchasing power and lower monthly mortgage payments. However, this unique opportunity can increase competition as more buyers flock to the market to take advantage of lower rates. To seize the moment, […]

A Federal Reserve rate cut can send ripples through the financial world, affecting everything from your savings account interest to the cost of borrowing. Understanding what a Fed rate cut means, why it happens, and how it impacts your finances can empower you to make informed decisions. More importantly, knowing the steps to navigating a […]

Our personal information is more vulnerable than ever in an increasingly high-tech world. The recent data breach at National Public Data has once again highlighted the devastating consequences of inadequate data security. This breach, which affected an estimated 2.9 billion people according to an article published in Newsweek, exposed sensitive personal information. The stolen data […]

As the end of summer nears, the back-to-school season brings a wave of excitement for students and parents alike. It’s a time filled with anticipation, whether it’s the thrill of new classes, the purchase of fresh supplies, or the start of new activities. However, this season also has a less pleasant reality: scammers ready to […]

In 2024, scams are more sophisticated than ever, and fake debt collector scams are among the most troubling. These scammers prey on fear and confusion, using forceful tactics to coerce individuals into paying debts that don’t even exist. The results can be harmful to your financial security. Understanding the warning signs of a debt collector […]

In our fast-paced world, managing personal finances can be intimidating. However, one of the most effective ways to maintain a healthy budget is to ensure you get the best possible pricing on services to lower your monthly expenses. Negotiating with service providers can lead to considerable savings, freeing up more of your income for other […]

As we move through 2024, home remodeling trends continue to evolve, reflecting shifts in technology, sustainability, and lifestyle preferences. If you’re considering a home renovation this year, staying updated on what’s in fashion is essential to ensure your investment is both stylish and future-proof. In this blog, we’ll explore the latest trends in 2024 home […]

Inflation, a pressing economic reality, is currently impacting your purchasing power and overall financial health. The latest inflation report, released on August 14, 2024, reveals that prices are still up 2.9% from a year ago, according to CNBC. Although the rate has slowed, the cost of goods and services are still on the rise. It’s […]

Debt can be daunting, but with a strategic approach, you can manage and eventually eliminate it. The key to crafting a debt repayment plan that works is understanding your financial situation. Once you have a clear picture of your financial standing, you can choose the right repayment strategies and stay disciplined. Here’s a step-by-step guide […]

Protecting personal and financial information is a top priority. Sadly, as technology progresses, so do cybercrime techniques to deceive and defraud unsuspecting individuals. One such method is spoofing, which has increasingly targeted credit union and bank customers. Understanding spoofing and how to identify and protect against it is crucial for safeguarding your financial well-being. What […]

In a world of financial uncertainty, the need for a safety net is not just practical – it’s a necessity. This is where the emergency fund comes in. It’s a cushion that can soften the blow of unforeseen costs, job loss, or other financial emergencies. However, despite its crucial role, many individuals struggle with understanding how to build […]

As a homeowner, you’re likely aware of the value that your property holds. Beyond being a place of comfort and security, your home also represents a potential source of financial flexibility through its equity. Leveraging this equity through a home equity loan offers a multitude of opportunities for homeowners to invest in their property and […]

In a dynamic real estate market, homeowners are always seeking tactics to increase the value of their properties. One effective strategy many homeowners overlook is leveraging a home equity loan to finance renovations or additions. By wisely investing in your home, you can enhance its aesthetic appeal and boost its market value. We will identify […]

In the arena of personal finance, few adversaries are as formidable as high-interest credit card debt. With interest rates soaring to unprecedented heights, many find themselves ensnared in a web of financial uncertainty. Consumers struggle to break free from the suffocating grasp of exorbitant interest payments. As credit card debt reaches an all-time high, the […]

Welcome, fellow time travelers, to the perplexing landscape of mortgages in the 21st century! It’s essential to arm yourself with knowledge before embarking on the homeownership journey. Our guide to mortgages can do just that. As your trusty time-traveling guide from the future, I am here to impart wisdom and illuminate the intricacies of mortgages […]

Can you believe what you see? At a time when reality can be manipulated with a few clicks of a mouse, you really can’t. The rise of deepfake technology poses significant challenges to our society. Deepfake scams refer to synthetic media created using artificial intelligence techniques. They typically involve superimposing existing images, videos, or audio […]

Are you tired of constantly paying ATM fees? Those charges can add up over time. But don’t worry; there’s a simple solution – as a member of Choice One, you can take advantage of our surcharge-free ATMs through various networks. These networks allow our credit union members to access various ATMs without incurring surcharge fees. […]

Embarking on the adventure of purchasing your first home can feel overwhelming, with so many steps and unknowns along the way. At Choice One Community Credit Union, we’re here to help. Our comprehensive home buyer’s guide is designed to walk you through the entire process, ensuring you’re well-informed and confident from start to finish. Let […]

As the New Year unfolds, many individuals reflect on their financial goals, and for some, this involves taking control of their debt. The path to financial freedom requires careful planning and informed decisions, and debt consolidation emerges as a popular strategy. Among the various methods available, utilizing a 0% balance transfer credit card stands out […]

In the ever-expanding world of online transactions and doorstep deliveries, the convenience of having goods delivered to your home has given rise to a disturbing trend. There has been an alarming increase in delivery driver scams. These scams involve crafty frauds posing as legitimate drivers, exploiting text messages to deceive unsuspecting victims into divulging personal […]

Social media is a big part of everyday life, connecting us with friends, family, and even our favorite brands. However, the digital landscape becomes a hotbed for social media scams as the holiday season approaches. The enticing allure of holiday promotions and giveaways can mask malicious schemes aimed at exploiting unsuspecting users. This blog explores […]

The holiday season is synonymous with joy, togetherness, and celebration. However, hosting a holiday gathering can be daunting for many, especially when considering the potential strain on a budget. The good news is that hosting a memorable holiday gathering doesn’t have to empty your credit union account. With a bit of creativity and strategic planning, […]

As the holiday season approaches, scammers prepare to exploit the festive cheer, hoping to take advantage of increased online activity and generous spirits. There are various scams to be wary of, from traditional methods to more technologically savvy techniques. Being informed about these tricks and understanding how to protect yourself is vital in safeguarding yourself […]

AI-driven voice scams have become a silent yet potent threat to our households. These scams employ artificial intelligence to impersonate trusted individuals or organizations. They aim to exploit our emotions and trust for fraudulent purposes. This article sheds light on what AI voice scamming entails, the various forms it can take, how to spot a […]

In our interconnected society, where e-commerce and online shopping have become the norm, we often find ourselves excitedly receiving packages on our doorstep. However, not every package that arrives is a cause for celebration. A recent United States Postal Service (USPS) alert raised concerns about a relatively new and crafty scam called ‘brushing.’ This scam […]

After months of financial relief amid the pandemic, the time has come for many students to face the reality of resuming their student loan payments. The pause on federal student loan repayments was a vital lifeline for millions, providing much-needed breathing room during uncertain times. However, as the economy slowly recovers and the job market […]

Technology has woven itself into the fabric of our daily lives, and financial transactions have undergone a transformative shift. One such advancement is the rise of peer-to-peer (P2P) payment platforms like Zelle®, which offer convenient and instantaneous money transfers. However, with these advantages come potential risks, as scammers continuously adapt their techniques to exploit unsuspecting […]

Finding secure and reliable investment options is essential for individuals seeking to grow their savings without taking unnecessary risks. One option that offers stability and peace of mind is the share certificate. Share certificates are a popular choice among hesitant investors who prioritize the safety of their funds while still aiming for steady growth over […]

In today’s digital age, scammers are constantly devising new ways to defraud innocent individuals, and one of their tactics involves text scams. These fraudulent messages can trick you into sharing sensitive information or lead you to malicious websites. At Choice One Community Credit Union, we prioritize the security of our members’ financial information. In this […]

Purchasing a vehicle is a significant financial decision that requires careful consideration. When it comes to acquiring a new car, two popular options are auto loans and leases. Each option has its own set of advantages and disadvantages, and choosing the right one for you depends on various factors. Read on to explore the key […]

Purchasing a car is an exciting milestone, but as time goes by, circumstances change. For example, your financial situation may improve, interest rates may drop, or you may realize that your current auto loan doesn’t align with your long-term goals. Refinancing your auto loan can be a savvy financial move in such cases. In this […]

When it comes to investing your hard-earned money, several options are available, each with its own advantages and disadvantages. Two popular choices for conservative investors are certificates of deposit (CDs) and money market accounts. Both offer relatively low-risk options for growing your savings, but some essential differences can affect your decision. In this blog post, […]

Investing your money is one of the best ways to grow your wealth. With so many investment options available, deciding where to put your money can take time and effort. One often overlooked option is the addition of Certificates of Deposits (CDs) to your investment portfolio. CDs are a low-risk investment option that can diversify […]

Each year brings new trends in home improvements and remodels. Often the top priority with home renovations is to add value to the property. 2023 brought a move towards relaxation and enjoyment of a home, both inside and out. We see this in the top 12 home improvement trends for 2023 which we’ve outlined below. […]

Account takeover (ATO) fraud is a growing concern for consumers, financial institutions, and businesses. ATO is a type of cybercrime in which a crook gains access to an individual’s online account in an effort to commit fraud. The attacker will often change the login credentials to lock the original owner out of their own account. […]

Setting financial goals for various stages of your life can help you achieve multiple financial milestones. Your financial goals change throughout your life, and your focus needs to adjust. The benefit of meeting your financial goals for every decade is realizing a more financially healthy life and a comfortable retirement. Take control of your financial […]

A Wi-Fi hack can be extremely dangerous. A hacker can spy and gain access to any information sent out from all of the devices on your hacked network. This can include login credentials and passwords, as well as other personal and financial information. A hacker can also plant malware on your device. We’ve all heard […]

You’ve probably noticed the APRs on your credit cards and other variable-rate debt creeping up as the Federal Reserve continues to raise interest rates.  Since most credit cards have a variable rate, as the Fed raises the prime rate, your credit card rate will increase as well. The higher rate means paying even more interest […]

Have you ever been ghosted by a date? Some of you may have been at some time in your life. It’s when someone cuts off all communication without explanation. They stop answering your calls and texts. Well, there’s a scam that has been on the rise in recent years, and it’s called a ghost tax […]

Why are tax deductions and tax credits important? A tax deduction can lower your taxable income and reduce your tax liability. The lower your taxable income, the lower your tax bill. Similarly, a tax credit can also lower your tax bill. A tax credit is a reduction in your actual tax bill. Here are some […]

As interest rates continue to rise, the burden is growing for credit card holders carrying high balances from month to month. With consumer prices more than 8% higher than they were a year ago, many are charging more and also cutting back on monthly payments. This is creating an endless loop of high-interest debt.  The […]

Setting financial goals for yourself for the coming year will help you prioritize your financial well-being. They should include both short-term and long-term goals. They should be precise, measurable, and achievable. Here are seven recommended goals to help you chart your course for a great 2023. 1 Budget  You may be tired of hearing the […]

Looking to brighten your spirits this holiday season and spend some quality time with family and friends? NEPA is the place to accomplish that goal with festive holiday happenings scheduled throughout the region. Here’s just a sampling of what you can enjoy through the holidays. Dazzling Light Shows Nay Aug Park Holiday Light Spectacular 5 […]

The hectic holiday season is upon us and it’s a busy time for scammers as well. Minimize the risk of fraud from shopping scams to charity scams with our heads up for holiday fraud tips. Online Shopping Scams  When shopping online, beware of swindlers looking to gain access to your personal information. It’s of the […]

Credit cards have become an alternative to cash for many Americans. Some credit cards even offer perks, such as rewards points towards trips, gifts, or possibly cash back. If you’re making mistakes with your credit cards, it could be costing you big money. An article on cnbc.com earlier this month reported that U.S. credit card […]

It’s beginning to look a lot like Christmas in retail stores and online shops. Holiday sales have arrived earlier than ever, and deep discounts are expected on items, including toys, apparel, and electronics. A new survey by Gartner Marketing found that nearly one-third of consumers are planning to spend less this holiday season. With inflation […]

In August, President Biden announced a student loan debt forgiveness plan that would cancel $10,000 in debt for a borrower earning $125,000 or less, and $20,000 for those with Pell Grants. Nearly 8 million student loan borrowers may be eligible to receive forgiveness automatically because their income information is already available to the U.S. Department […]

Credit Card and loan interest rates have been climbing as the Federal Reserve hikes rates to battle inflation. According to Investopedia, the median credit card interest rate stands at 21.62% for October 2022, based on average advertised rates across several hundred of the most popular cards offered in the market. Balance Transfer Credit Cards If […]

There’s nothing more rewarding than enjoying a fun weekend with friends or family filled with activities that don’t burn a hole in your pocket. Here are 24 ways to enjoy your weekend on the cheap. Enjoy the fresh air with a walk or a hike. Walk around a local lake and feed the ducks while […]

While spam and robo calls have been an issue for a long time, scam texts are getting to be a big problem as well. Complaints about text scams are on the rise. The Federal Trade Commission (FTC) has reported that 2022 is on track to be the first year in which more people have reported […]

We’ve all watched in horror as our monthly bills continue to increase, and cable and internet are no exceptions. If you’re struggling with balancing your budget, negotiating your cable and internet bill can help you find the extra cash you need to pay for other necessities. Negotiating with your cable company is one of the […]

As the cost of food, housing, clothing, healthcare, and other goods and services continues to rise, the greater the rate of inflation we see. To clarify, inflation occurs when the supply of money in the economy grows faster than the supply of goods and services available for sale. In brief, there is more demand than […]

With an inflation rate of over 8%, everything is more expensive right now from groceries to gas and consumer goods and services. It’s making it increasingly difficult for Americans to stay on track financially, especially when it comes to saving money. Despite the fact that costs are increasing, it’s still important to keep your savings […]

With prices rising on everything from gas to groceries, and even homes, it’s good to know where your budget stands as compared to last year. Figuring your personal inflation rate is a good way to do this. The government tracks pricing using the Consumer Price Index or CPI. This is a measure of the average […]

Wonder how the Federal Reserve raising rates affects you? It means the cost of borrowing money is going to get more expensive. A hike in the rate by the Federal Reserve results in an increase in the prime rate. The prime rate influences the rate that credit unions and banks extend to credit-worthy borrowers. The […]

FOR IMMEDIATE RELEASE –Choice One Credit Union, with offices in Plains Township, Wilkes-Barre, and Hazleton, announced that it is waiving its $400 mortgage loan processing fee on all new home purchases. This is a tremendous saving for borrowers when applying for a new mortgage loan. With interest rates expected to rise again, this is coming […]

The most popular home improvement trends are all about functionality, comfort, and first impressions. Home improvement spending is at an all-time high and it continues to be a top priority for many homeowners. In fact, the Joint Center for Housing Studies at Harvard University says spending on home improvements and repairs is expected to expand […]

As you’re filing on your 2021 tax return, you’re probably already contemplating things you can do to save on taxes in 2022. Although it may be too late for most of these tips to help with your current return, you can plan now for better savings and more deductions when you file next year. Here […]

If you recently purchased a new vehicle or are in the market for one, car maintenance is probably the last thing on your mind. With rising inflation, everyone is looking for ways to save on expenses. Properly maintaining your vehicle can help extend its life, keep it in spotless condition, and save you money. Proper […]

With the inflation rate hitting a 40-year high, consumers are looking for ways to manage rising costs. According to the U.S. Bureau of Labor Statistics, the country’s main inflation gauge, the Consumer Price Index (CPI) rose a significant 7.5 percent in January from a year earlier. Increases in the indexes for food, energy, and shelter […]

IRS impersonation scams and other tax scams are prevalent during tax season with scammers trying to trick people into handing over their hard-earned money. Knowing what to watch for is important when trying to avoid tax scams. Scammers may try to contact unsuspecting victims via text messages, e-mails, or phone calls. As an example, a […]

If you’re battling high-interest rates and large balances on multiple credit cards, it might be time to consolidate your credit card debt. This is basically taking out another form of credit, at a lower rate, to pay off your existing high-interest credit card balances leaving you with a single, easier-to-manage monthly payment. It all begins […]

If you found yourself ringing in the new year with the burden of high-interest debt, Choice One is here with some step-by-step tips for paying off debt faster. 1 Get a grasp on your expenses  Many of us have no idea how much we spend each month, especially when we rely on credit cards. High-interest […]

  If you’re looking to make an impactful resolution for the new year, resolving to improve your financial situation is a great goal. Here are six important financial resolutions that will help put you on the path to a stronger financial future. 1 Evaluate your spending habits  Creating a budget that you can live with […]

Investing in stocks, if you have the funds to do so, has many benefits. This might include a higher return than typical savings account to help build your nest egg faster. If you’re already contributing to a retirement plan, you are already investing. If you’re ready to invest in stocks but are unsure about where […]

If you’re trying to avoid blowing your savings or getting deeper in debt this holiday season, we have some tips for saving money on holiday shopping. Our holiday shopping strategies begin with tracking your expenses. Track your spending It’s easy to lose track of how much you spend when you’re making holiday purchases. The Mint […]

If you’ve been considering cutting the cord from high-cost cable, you’re not alone. According to Leichtman Research Group, an organization specializing in research and analysis of the broadband, media, and entertainment industries in the U.S., the largest pay-TV providers in the U.S. lost about 5,120,000 subscribers in 2020. Pew Research reported that the share of […]

Many of us may have missed out on our usual travel schedules these past two years. If you’re looking to get back out there and travel on the cheap in 2022, we have some suggestions to get those wheels in your mind turning. Even on a budget, you can begin to check some of the […]

Debt consolidation can be a good strategy to help reduce your overall debt. If you can secure a lower rate than you are currently paying, you can save substantially on interest over time. Consolidating multiple debt payments into one easier-to-manage payment can also help you to pay off debt faster and more efficiently. A good […]

The Choice One Credit Union Learning Lounge provides on-demand access to information and educational resource that will help you navigate Virtual Branch Online Banking, the Choice One Mobile App, and more. In addition to product video tutorials, you will also find informative articles and financial tips on many topics. Choice One Mobile Banking Our Mobile […]

Opening an individual retirement account (IRA) is an important step in meeting your retirement saving goals.  An IRA enables you to invest your money and enjoy tax benefits. IRAs can be particularly helpful if you don’t have access to an employer-sponsored retirement plan. The hardest part of starting to save may be determining the type […]

If you’ve been dreaming about heading out in a new ride, but don’t look forward to going through a stressful car-buying process, we hope this car buying 101 blog will help. It’s easy to get overwhelmed with selecting a new car and then dealing with financing. Our handy tips are useful whether you’re buying your […]

Home equity loans allow you to borrow money using the equity in your home as collateral. A home equity loan can have similar closing costs and fees as a mortgage. Closing costs include fees and other money due on the day you sign the paperwork and close the loan. It’s important to be prepared for […]

Buying a car can be daunting for even the most experienced car buyers. The more prepared you are for the process, the less stressful it will be. Here are 10 car buying mistakes to avoid. Failing to do enough research  If you don’t do your research, you might make an expensive mistake when purchasing a […]

Whether you’re planning a full kitchen remodel or are just upgrading kitchen appliances, we have some tips to help you through the process of upgrading your appliances. With all of the advances in technology, new appliances are more energy-efficient than ever. Upgrading to newer more energy-efficient models may not only make your kitchen look great, […]

If you’re expecting a tax refund, there are smart ways to use the money to help fund a better financial future. Skip splurging on a shiny new speedboat or a tropical vacation, and focus more on contributing to your overall financial wellness. Here are seven options for using your refund that make better financial sense. […]

Completing home improvements with a home equity loan can be much more enticing when you know you are adding value to your home. Remodeling your home for enjoyment might be your top priority, but it’s always smart to keep return on investment in mind. There are many home improvement projects that can boost the value […]

When interest rates are low like they are right now, it’s the perfect time to refinance to lower your monthly car loan payment. Auto loan refinancing is simply applying for a new auto loan to pay off your current loan. Many car owners looking to lower their monthly payment take advantage of auto loan refinancing […]

A focus on saving, starting now, can help reduce financial stress and be instrumental in building wealth and greater financial stability. Saving towards goals, such as education, homeownership, an emergency fund, and retirement, can keep you on track and provide you with peace of mind in knowing you are prepared for anything. While no one […]

A leading cause of financial difficulties is simply that people may lack the tools and skills needed to manage their money.  A 2020 PricewaterhouseCoopers Employee Financial Wellness Survey found that more than a third of full-time employed Millennials, Gen Xers, and Baby Boomers have less than $1,000 saved to deal with emergency expenses. When asked […]

Refinancing your auto loan means paying off your existing loan with a new loan. One of the best reasons to refinance a car loan is to lower your interest rate and save on the total interest paid. The interest rate can also make a big difference in the amount of your monthly payment. Lowering your […]

Home equity loans and home equity lines of credit (HELOCs) both enable you to borrow against the equity in your home. Your home’s equity is the value of your home minus any outstanding mortgage or home loan balances. A home equity loan typically provides borrowers with a fixed interest rate for borrowing a lump sum […]

In many cases, if you use a home equity loan or home equity line of credit (HELOC) to substantially renovate or improve your home, the interest you pay is tax-deductible. If you use the loan for any other purposes, such as for personal expenses, the interest will not be tax-deductible. According to the IRS, and […]

Home Equity loans aren’t the only game in town when it comes to paying for home renovation and remodeling projects. If you have equity built in your home, then a cash-out mortgage refinance is another great option for covering home renovation costs. Cash-out refinancing of your mortgage loan can give you the extra money you […]

If you have a home equity loan with a higher rate than those currently being advertised, it might be time to consider refinancing. You can also use a new home equity loan to pay off a HELOC that’s coming due. It will enable you to extend the term of the loan and lock in a […]

There’s no question that the coronavirus pandemic has had a profound impact on the small business community. After facing significant disruption in business, many organizations have been forced to regroup and adjust the way they do business. With no clear time for a return to normalcy, local businesses have had to adjust to a new […]

If your credit is good, it might be the right time to consider a credit limit increase. While some credit card issuers automatically increase your credit limit when they feel you are a good risk, others will only raise it when you ask. With some, you may be able to make the request right online. […]

Mistakes on your credit report can impact your life in a big way. This can include affecting your ability to get loans or even certain jobs. Correcting credit report errors is important. According to a study conducted by the Federal Trade Commission (FTC), one in five people have an error on at least one of […]

With millions of Americans out of work, many facing financial struggles are looking for a way to earn some extra cash.  Side work doesn’t have to be something you hate. You can put some thought into what you really enjoy and try to turn that passion into some extra cash. Whether you’re faced with a […]

Months of staying at home and social distancing has left the economy in disarray. As businesses begin to reopen and jobs come back to our area, it’s time to take steps to improve your financial condition and reestablish your financial goals. The pandemic not only brought health concerns but financial worries as well. Businesses closed, […]

The financial crisis brought on by the coronavirus pandemic is leaving millions of Americans in dire financial straits. This can really impact that credit score you’ve worked so hard to build. While your health is always a top priority, let’s focus a bit on your financial well-being. Keep in mind that your payment history and […]

Most Americans are facing a cash crunch right now and looking for ways to save. Groceries might be a big expense, especially with many families eating all of their meals at home right now. If you’re looking to significantly slash costly grocery bills, here are some of our favorite ways to save.  Take an inventory […]

  Local and national law enforcement and government agencies have been warning about many scams related to stimulus checks and the coronavirus pandemic. Scammers are preying on public fears for their own gain. It’s important to be aware and be vigilant in protecting yourself from coronavirus scams. Scams related to coronavirus and stimulus checks Beware […]

Choice One Community Credit Union wants to reassure our members and the entire community that your deposits in credit unions are safe and insured. Federally chartered credit unions, including Choice One, are regulated by the National Credit Union Administration (NCUA) and insured by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by […]

At Choice One Community Credit Union, we are committed to the health, safety and financial well-being of our members, employees, and communities. As the coronavirus situation continues to evolve, we want to ensure our members and our community that we are here to serve your needs. We understand that many of you are facing challenging […]

The coronavirus not only has us distanced from others but may also have us distanced from our jobs in the form of a temporary layoff or reduction in work hours. Those of us living on a tight budget may see a need to tighten financial belts during this difficult time. It may be time to […]

With interest rates falling, there’s no better time to refinance your mortgage. With so much out of our control right now, this is one important financial move that you can control. You may have a particular goal in mind. Possibly lowering your monthly payment to make it more affordable, reducing your interest rate to save […]

Comparison shop for the best mortgage loan deals A mistake many people make when looking to apply for a mortgage loan or refinance their existing mortgage is not spending adequate time shopping around. Buying a home is a big investment. You want to be sure you’re getting the best deal possible on your mortgage loan […]

Your credit score is an important factor in your overall financial well-being. It comes into play for many important financial decisions you’ll make throughout your life. Your credit score not only helps a lender to determine your creditworthiness for an auto loan or credit card, but can also impact your home buying ability. A low […]

‘Tis the season to shop shop shop. Who’s planning on doing some Black Friday shopping? As you know from previous years, some sales even begin Thanksgiving night. So, how can you better prepare and find all of those Black Friday and Cyber Monday ads easily in one place? We’re going to help you find out. […]

Enjoy the magic of the 2019 holiday season in and around the Wilkes-Barre/Scranton area with your family. Various events happening over the region throughout the next few weeks are sure to help you get into the holiday spirit. There’s something for every age and interest, from holiday shows to festivals, shopping and more. Here’s just […]

Has the thought of personal loans been on your mind lately? If so, you’re not alone. The National Retail Federation expects holiday spending to grow this year to approximately $730 billion dollars. A recent survey by CNBC found that 45% of credit card holders are willing to take on more debt during the holidays. That […]

Home equity loans typically offer very attractive rates for borrowers in need of cash for home improvements or for just about any reason. If used responsibly with a focus on payback, a home equity loan can be a great benefit. If taken lightly, however, a home equity loan can also pose some risks. Home equity […]

If you’re in the market for a new car, there are many common car loan mistakes you should try to avoid. Most people shop for a new car first, then worry about the loan. Actually, you should look into getting a good auto loan first and then begin your search for a vehicle. Many borrowers […]

That’s a question that many consumers ask themselves when facing high-interest debt challenges. Two of the most common ways to consolidate debt are with debt consolidation loans or with a low-interest balance transfer credit card. Both options can help you to consolidate several payments into one single monthly bill. It may even help you lower […]

If you feel your monthly car payments are too high, you may want to refinance your car loan. After all, who can’t benefit from saving some extra money. As your hometown credit union, our goal is to help our members get into a better financial position. Auto loan refinance might be a good way for […]

If you’re feeling overwhelmed about paying off debt, you are not alone. Credit card debt and other debt is a major problem for many Americans. NBC News reported that the total debt of Americans hit a record high of $13.5 trillion in the third quarter of 2018. Total household debt, which includes $9.1 trillion in […]

If you’re considering the option of a personal loan to help you face an expense, you’re not alone. Millions of people take advantage of personal loans for certain cash needs. Here are some of the most frequently asked questions about personal loans. 1 How can personal loans be used? Personal loans can be used for […]

If you are buying or remodeling your home, it is a good idea to make sure the homeowners’ insurance policy you already have or are planning to buy has the coverage you need. Remember, your agent is your best source of information. Make sure you take the time to discuss your concerns and any questions […]

If you have come to a point in your finances where you are considering refinancing your home, there are some important factors to consider. Do you want to consolidate debt into one monthly payment? Do you want to take advantage of lower interest rates and refinance your current mortgage? Are you in a financial situation […]

Senior year in high school is the start of a new life cycle for most teenagers. For many, it means they will be making a career choice after their high school graduation, while for others it means planning for a college education or vocational or technical school training. And for some, it might mean joining [...]

You’re stressed out and in desperate need of a relaxing vacation. The only problem, you have no money saved to take one. Sound familiar? Don’t give up on that much-needed escape just yet. A personal loan may be just what the doctor ordered to make your vacation dreams come true. Best of all, local credit […]

Many people want to know if a mortgage refinance is right for them, especially with the low-interest rates out there. You may be questioning the timing of a mortgage refi. If we refinance today, will rates go even lower? Those who wait may be missing the boat on some big savings. Is mortgage refi right […]

Is mortgage refinance for you? That’s a question many homeowners ask themselves. Refinancing your mortgage is a big financial decision that takes some careful consideration. People refinance for different reasons. They may need to try to lower their monthly payments to better fit their budget. They may want to change from an adjustable to a […]

Best uses of a HELOC So just what is a HELOC? A home equity line of credit (HELOC) is a type of loan that enables you to open a line of credit using the equity in your home as collateral. It’s similar to a revolving line of credit. A HELOC enables you the freedom to […]

HELOC Shopping Tips & Questions When you’re in the market for a home equity line of credit (HELOC), you may find all of the choices out there a bit confusing. You want to get the best deal on your HELOC, but where and how do you get started? We’re going to give you a few […]

If you’ve been a member of your local credit union for years, but still kept your main accounts at a big bank or another financial institution, it’s time to make a smart move. Some of us have several small accounts scattered among a few different financial institutions and as a result, we’re not really getting […]

You’re coming off another high energy spending spree and reality is quickly setting in. No one enjoys the thought of facing debt. A Consumer Debt Outlook study released earlier this year reported that “Americans are on pace to amass a collective $4 trillion in consumer debt by the end of 2018.” The report was based on Federal […]

Is Debt Consolidation Right for You? Here are Five of the Most Common Questions We’re Asked About Debt Consolidation. What is debt consolidation? Debt consolidation is a strategy to combine outstanding loan, credit card, retail debt or other debt into one monthly payment. The goal would be to consolidate higher interest debt into one lower, […]

Whether you’re short on money this holiday season or have just enough put away to cover your gifts, a Choice One Holiday Bucks Loan may help you get the extra funds to take advantage of a great deal this month. Maybe you regret ignoring those Black Friday sales. Although no one on your gift list […]

The end of the year is an ideal time to take a close look at your finances. It can provide you with the opportunity to improve your tax situation and your overall finances for the coming year. Here is a financial checklist for the end of the year Review your credit report. Check for any […]

We all find ourselves in debt at one time or another. Some may find themselves in more debt than others. When debt gets out of control, it can cause added stress and wreak havoc on a budget. According to a 2019 news report by CNBC, consumer debt is at the $4 trillion mark. According to […]

Ever been enticed by a zero percent auto loan commercial? If you have, then those ads are doing their job. Automakers have those offers out there specifically to catch your eye. Someone is actually going to lend money for free you ask? Yes, with a zero percent interest loan, 100 percent of every car payment […]

Consumers often have many questions regarding auto loans, especially when applying for a first loan. Buying a car is a big investment and a big expense, yet many buyers don’t take the time to fully calculate the costs before signing on the dotted line. The auto loan lenders at Choice One Community Credit Union have […]

Candy lovers rejoice, your favorite time of the year is near! What’s better than carving pumpkins with the kiddos, dressing up in crazy costumes, binge-watching scary movies and gorging yourself on Halloween candy? Not much, right?! Halloween does bring with it some dangers for those little ghouls in your life, so we encourage you to […]

Credit cards can be a wonderful thing, but they can also be dangerous if used carelessly. Those little plastic cards make it much easier to spend more than we would have if we were simply paying in cash. While credit cards are a convenient way to make purchases, that convenience can come at the cost […]

October is Breast Cancer Awareness Month. You’ve seen the pink ribbons, pink hair, pink clothing, pink everything, worn by seemingly everyone from your favorite professional athletes to friends and family. Perhaps you were lucky enough to catch the annual Gentleman’s Dash, where scores of men competed in some rather large sizes of pink high heels, […]

Oh, yes, it is indeed that time of year! As the leaves begin to change and the store aisles fill with Christmas decor, we’re reminded that the holiday season is right around the corner. If you’re anything like us, you’re probably already getting anxious worrying about the cost of holiday shopping and entertaining. It’s crazy, […]

The air is crisp and clean and the leaves will soon begin to turn an array of reds, yellows, and oranges all across this beautiful area we call home: Northeastern Pennsylvania! Just because summer is now officially over and the kids are back in school, doesn’t mean the outdoor fun has to end. Quite the […]

Home equity loans and lines of credit (HELOCs) can enable you to tap into the equity in your home to access extra cash for any number of reasons; from home improvement projects and paying down debt, to education costs and even big-ticket purchases! Because you’re using your home as collateral for the loan, and the […]

According to Javelin’s 2018 Identity Fraud Report, the number of US identity fraud victims increased by 8% in 2017 to a frankly ridiculous 16.7 million! Right? Worse news, US consumers experienced losses totaling $16.8 billion (with a B!) due to identity fraud! And worst of all, identity theft cases are only expected to rise. Well, […]

September is here and you know what that means…football! With that comes, plenty of food, and not normally of the healthy variety. While we all love our pizza, wings, and beer, we don’t love the weight gain those treats can easily bring. After all, you want to watch the offensive linemen, not be the size […]

So, you’re in the market for a new home and want to be sure you get the best deal, eh? We understand, who doesn’t?! But home-buying can be a tricky business…Luckily, your friends at Choice One Community Credit Union are here to help! We know just how big of an investment buying a home can […]

Heading off to college for the first time, while very exciting, can also be very overwhelming! Many freshmen struggle with the lack of structure and stress of the unfamiliar surroundings that is college life. Class schedules change every day, leaving large gaps between some classes or possibly no time at all. There are new faces […]

Are you sitting on your couch wondering how the summer flew by so quickly? We know we sure are! It’s already mid-August and you know what that means. In just a few weeks, the kids will be back in school. While it may be the last thing you want to think about right now, it’s […]

Wallets have gone digital now too, huh?! Yessir! But what exactly is it and why should you be using it? Let’s find out! For starters, a mobile wallet is an app that enables you to make purchases quickly and easily with your mobile device. The app stores information, such as credit and debit cards, rewards […]

For many of us, our home is our most valuable asset. Once you start to build up equity in your house, you can tap into it when you need some cash for a home improvement project, a large purchase or even debt consolidation. Yes, you heard right; debt consolidation! In fact, consolidating high-interest debt with […]

Bobby Flay’s Crunchburger This burger is one of Bobby’s signatures at Bobby’s Burger Palace, his counter-serve burger chain restaurant. If you know Bobby, you know he’s one of the all-time best when it comes to cooking on the grill. So, when we learned he shared this recipe with foodnetwork.com we were pretty excited. We hope you enjoy […]

If you don’t have a rewards credit card that provides you with points towards travel, gift certificates and/or other items, you may really be missing out on some great value. Rewards credit cards, when used responsibly, can offer some truly great perks to members. Rewards may differ from card to card and can include everything […]

You’re on a first date. Everything couldn’t have gone better. You two have totally hit it off and the future is looking bright. What can quickly ruin this moment of bliss? How about this scary scenario: the server returns to inform you that your card has been declined. Worse yet, it’s not a simple matter […]

It’s not something anyone wants to think about, but the sad truth is, losing a family pet in a house fire is a very real possibility. We teach our children all about fire safety, so that they are as prepared as possible if ever such an emergency should occur. But, sadly, we often overlook preparing […]

When it comes to searching for a new house, especially if you’re a first time home buyer, there are many things that should be considered. Owning a home is a huge responsibility, both financially and otherwise. If you’re ready to make the move and dive into the wonderful world of homeownership, you want to make […]

Ah, the golden years. No more early morning alarms or rush hour traffic. It’s time to kick back, relax and enjoy the lifestyle you’ve been working toward all these decades. Well, maybe not exactly…see, sadly, experts believe that approximately 70% of Americans are not saving enough for retirement. Worse, it is estimated that about half […]

Bullying may seem rather funny when we see it in the movies. Biff tormenting George McFly in Back to the Future, master manipulator Regina George in Mean Girls, or Buzz McCallister picking on little brother Kevin in Home Alone. Remember Lucy from Peanuts fame? She bullied the crap out of Charlie Brown on a regular […]

So, you’re in panic mode, wondering how the first half of the year went by so quickly. Summer is already here and you haven’t saved nearly enough for a vacation. Your trip is already planned; so, you’re in desperate need of some ideas that will help you save money while you’re away! Well, with a […]

Today, we delve into a topic that for many Americans is source of anxiety: investment. Coming out of the Financial Crisis of 2008, financial advisors went from a savoy tool to help one make money to a dark, greedy villain out to take you for everything you have! But like most things, there’s facts and […]

Years of investing in the latest technology is paying off for your local credit union and other financial service providers with increased customer satisfaction. With the convenience of online and mobile banking, you can now manage all of your finances with a tap of your finger or click of a mouse. This can mean saving […]