Maps Blog

All You Need to Know About the COVID-19 Stimulus Plan

April 1 by Maps Credit Union

After days of negotiations and last-minute changes, the Senate and the White House have signed a historic $2 trillion stimulus plan to help mitigate the economic fallout of COVID-19. The Coronavirus Aid, Relief and Economic Security Act (CARES) will put cash directly into people’s pockets, provide desperately needed funding for hospitals and help struggling businesses remain afloat in these financially fragile times.

Read Entire Article

5 Way to Trim Your Fixed Expenses

March 2 by Jennifer Schmelling

When trimming your monthly budget, consider your fixed expenses. These recurring costs include mortgage payments, insurance premiums, and subscription payments. All of them are easy to budget and plan for since they generally remain constant during the year. While it may feel difficult to lower fixed expenses, most of these costs can be reduced with a bit of effort and research.

Read Entire Article

All You Need to Know About Savings Certificates

January 2 by Jennifer Schmelling

As an institution devoted to your financial wellness, Maps offers several secure options for your savings. One of our most popular savings products is our certificates of deposits, commonly referred as CDs. These accounts offer the best of both worlds when it comes to your savings. You'll be giving your money a great chance at growth without subjecting it to the risks of investing in the stock market.
 
Let's take a closer look at how certificates work and why they might be the perfect choice for you.

Read Entire Article

5 Misleading Advertising Ploys To Beware Of This Black Friday

November 1 by Jennifer Schmelling

The holiday deals are starting early this year - be an informed consumer and shop smartly!

Read Entire Article

How Much Money Should I Keep in My Checking Account?

September 16 by Jennifer Schmelling

What about our checking accounts? Most of us use these accounts on a daily basis. Every swipe of a debit card, every bill we pay and every personal check we write takes money out of our checking account.

How much money should we be keeping in these super-convenient accounts? Let’s find out.

Read Entire Article

5 Ways To Spring Clean Your Finances

April 1 by Jennifer Schmelling

1. Dust Off Your New Year's Resolutions
2. Sweep Out Your Monthly Budget
3. Freshen Up Your W-4
4. Pile Up Your Savings

5. Toss Your Debt

Read Entire Article