Banking/Personal Finance

If you are considering opening a credit line, you should aim for one that fits your needs. Mission Fed’s platinum credit card offers the best in terms of interest rates and with no annual fee!
With little to no fees and low interest rates, credit unions provide a new way to think about credit cards. With credit unions, there is no profit incentive, so there are no tricks or traps to keep people in debt. This is just one of the many benefits to credit union credit cards.
Having a checking account is a crucial step toward financial independence that can help you solve a multitude of money-related issues both on and off campus. Read on for everything you need to know about the importance of having a checking account, and what to look for when choosing the best option for you.
As a teen, opening a checking account does not sound like the most eventful moment of your life. However, putting your money in an account that is yours and yours alone, will bring a new sense of independence.
If you haven’t previously opened up a checking account, you’re likely curious about what’s required of you. The good news is that starting a new account is simple. There are only a few things you’ll have to bring in and do in order to get the ball rolling. But what exactly? Don’t worry, we’ve got you covered. Read on to discover the list of requirements you should be aware of, so you show up ready to set up shop.
With more young people choosing to live in the city where rent is high, dining is expensive, and commuting has become an annual expense; it is easy to see why they are not optimistic about their finances. The question then becomes “what can be done about it?”
Whereas more tantalizing avenues like stocks and other high-risk investments can pose serious pitfalls, savings accounts represent a less flashy but more secure option. That said, although the dependability and benefits of savings accounts have never been in question, the emergence of online banking has made it difficult to select the optimal account.

One of the jobs of a parent is to teach their children how to save money; quite often, this involves household chores and a piggy bank. While this is a good primer on instilling financially wise habits, for some reason, many parents neglect to continue this financial tutelage as their child grows into a teenager and then adulthood. As a result, far too many people enter their adult years without a savings account or a significant amount of money in the account they do have.

Mission Federal Credit Union has been serving the financial needs of San Diegans since 1961, and now with more than 245,000 members—we’re also the largest locally based financial institution exclusively serving San Diego County. Learn why so many San Diegans trust us with their financial needs.
Financial education comes in many forms. Join us for an in-person event to learn more about buying or selling a home or how you can plan for Long-Term Care. Find out more at these educational workshops throughout San Diego County.

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