7 Ways to Leverage Your Home’s Equity for a Brighter Future

Recently, home values have been trending upward. As your home’s value increases, so does your available equity. This current trend provides homeowners with the opportunity to leverage their home’s equity to achieve financial goals and build a brighter future.   The two most common ways to access your home’s equity are through a Home Equity Loan or a Home Equity Line of Credit, also referred to as a HELOC. Since both are secured loans, using your house as collateral, they typically offer more favorable rates and terms than unsecured loans, such as credit cards or personal loans.    Understanding how to put…

October 30, 2025Uncategorized No Comments

Recently, home values have been trending upward. As your home’s value increases, so does your available equity. This current trend provides homeowners with the opportunity to leverage their home’s equity to achieve financial goals and build a brighter future.   The two most common ways to access your home’s equity are through a Home Equity Loan or a Home Equity Line of Credit, also referred to as a HELOC. Since both are secured loans, using your house as collateral, they typically offer more favorable rates and terms than unsecured loans, such as credit cards or personal loans.    Understanding how to put…

Overcoming Debt with a Low Credit Score

If you’re struggling with debt and have a lower credit score, it can feel like an endless cycle – high interest rates, declined loan applications, and monthly payments that barely make a dent. But here’s the good news: You are not stuck. No matter what your credit score, there are real, actionable steps to take control of your finances, break free from debt, and rebuild your credit over time.  Whether you need quick fixes to free up cash or long-term strategies to turn things around, there are solutions available. In this article, we’ll loosen the reins debt has on your…

April 22, 2025Uncategorized No Comments
Overcoming Debt with a Low Credit Score

If you’re struggling with debt and have a lower credit score, it can feel like an endless cycle – high interest rates, declined loan applications, and monthly payments that barely make a dent. But here’s the good news: You are not stuck. No matter what your credit score, there are real, actionable steps to take control of your finances, break free from debt, and rebuild your credit over time.  Whether you need quick fixes to free up cash or long-term strategies to turn things around, there are solutions available. In this article, we’ll loosen the reins debt has on your…

Your Guide to Savvy Car Shopping

When you set your sights on buying a new car, a whirlwind of emotions can arise. On the one hand, you’re excited to find and cruise away in your new ride. But on the other hand, you know it’s a big decision that could significantly impact your finances for several years.   That’s why it’s crucial to do a bit of homework before you ever step foot onto a dealer lot. A little prep can help to reduce the price of the vehicle, secure better financing options, and put you into a better financial position overall.   In this article, we’ll highlight…

August 19, 2024Uncategorized No Comments
Your Guide to Savvy Car Shopping

When you set your sights on buying a new car, a whirlwind of emotions can arise. On the one hand, you’re excited to find and cruise away in your new ride. But on the other hand, you know it’s a big decision that could significantly impact your finances for several years.   That’s why it’s crucial to do a bit of homework before you ever step foot onto a dealer lot. A little prep can help to reduce the price of the vehicle, secure better financing options, and put you into a better financial position overall.   In this article, we’ll highlight…

Are Credit Unions FDIC Insured? – One Minute Reads

If you’ve ever wondered whether credit unions are FDIC insured, the short answer is no. However, credit unions have their own equivalent protection through the National Credit Union Administration (NCUA).  The FDIC (Federal Deposit Insurance Corporation) insures deposits at banks, ensuring that your money is safe up to $250,000 per depositor, per insured bank. Credit unions, on the other hand, are insured by the NCUA (National Credit Union Administration) through the National Credit Union Share Insurance Fund (NCUSIF). This coverage also protects deposits up to $250,000 per individual depositor.  So, while credit unions aren’t FDIC insured, the NCUA provides a…

August 1, 2024One Minute Reads, Uncategorized No Comments
Are Credit Unions FDIC Insured? – One Minute Reads

If you’ve ever wondered whether credit unions are FDIC insured, the short answer is no. However, credit unions have their own equivalent protection through the National Credit Union Administration (NCUA).  The FDIC (Federal Deposit Insurance Corporation) insures deposits at banks, ensuring that your money is safe up to $250,000 per depositor, per insured bank. Credit unions, on the other hand, are insured by the NCUA (National Credit Union Administration) through the National Credit Union Share Insurance Fund (NCUSIF). This coverage also protects deposits up to $250,000 per individual depositor.  So, while credit unions aren’t FDIC insured, the NCUA provides a…

Fighting Parkinson’s Disease One Punch at a Time

Hey, PEFCU fam!   Alyssa here to share a new PEFCU partnership! One of PEFCU’s main community pillars is Health, so when the opportunity to partner with PunchWorX was presented, I knew we had to support their efforts. PunchWorX is a local to Lakeland non-contact boxing and fitness program that is dedicated to helping those battling Parkinson’s Disease slow down the symptoms. PunchWorX is an affiliate of Rock Steady Boxing, a first-of-its-kind nonprofit gym founded in 2006 to offer an effective form of physical exercise to people who are living with Parkinson’s. This non-contact boxing-inspired fitness routine dramatically improves the ability…

December 29, 2023Community Engagement, Uncategorized 2 Comments
Fighting Parkinson’s Disease One Punch at a Time

Hey, PEFCU fam!   Alyssa here to share a new PEFCU partnership! One of PEFCU’s main community pillars is Health, so when the opportunity to partner with PunchWorX was presented, I knew we had to support their efforts. PunchWorX is a local to Lakeland non-contact boxing and fitness program that is dedicated to helping those battling Parkinson’s Disease slow down the symptoms. PunchWorX is an affiliate of Rock Steady Boxing, a first-of-its-kind nonprofit gym founded in 2006 to offer an effective form of physical exercise to people who are living with Parkinson’s. This non-contact boxing-inspired fitness routine dramatically improves the ability…