Congrats – you’re buying a new home! Your home search may have taken you from vibrant main streets to quiet cul-de-sacs and leafy country lanes. You may have looked at dozens of handsome ranches and stately Colonials, vintage Victorians and trendy townhouses. And finally, you’ve found that perfect place to call home. But don’t celebrate just yet because the search isn’t over: now it’s time to figure out how to select a mortgage lender. Specifically, you need to know how to pick a mortgage lender that offers more than just an attractive interest rate so that buying a home is as easy and stress-free as possible.
COVID-19 Update #3 from our President/CEO Dion Williams
In a follow-up to yesterday’s communication, I want to share additional information with you about your credit union: For the most up-to-date information on how we are protecting our members and staff, please explore our website with dedicated COVID-19 information at www.pacu.com/covid-19. Please utilize this resource and feel free to share it with other members. Our goal i ...
How to Lower Your Monthly Mortgage Payment
A thousand bucks is a lot of money. Put that in your wallet and it can buy plenty of groceries, gasoline, electronic gizmos and other items that you either need or enjoy. But the fact is, most U.S. homeowners spend more than $1,000 a month on just one thing: their monthly mortgage payment. Although experts warn families to not spend more than 30% of their income on housing, sometimes we find ourselves stretched a bit thin.
Outside of moving into a less expensive place, what can you do? The good news is there are various steps you can take to reduce your mortgage payment. In many cases, your local financial institution, like Piedmont Advantage Credit Union, can assist you in your efforts to wrestle with this big budget item.
COVID-19 Update #2 from our President/CEO Dion Williams
Piedmont Advantage Credit Union (PACU) continues to focus on the health and wellness of our members and employees amid the growing concerns of the coronavirus (COVID-19). We certainly hope this message finds you and your family well as our world has changed since our communication from last week. All of our communications on COVID-19 can be found online at www.pacu.com/covid-19 ...
A message from our President and CEO, Dion Williams, on COVID-19 concerns.
North Carolina continues to be impacted by the global spread of COVID-19 (coronavirus). I want to assure you that Piedmont Advantage Credit Union will continue operations and is here to serve your financial needs. During this rapidly evolving situation, our main priority is the health, safety, and well-being of our staff and member-owners. Currently, our branches, member relati ...
Financial Tips for Newlyweds
Your wedding and honeymoon were perfect, you’re starting to get used to being Mr. and Mrs., and you’re settling into married life. Much like wedding planning, proper financial planning is essential to a happy, healthy marriage. If you haven’t already made decisions about key financial topics as a couple, let Piedmont Advantage Credit Union first offer you our congratulations, and this belated wedding gift.
Creating a Family Budget for Babies, Kids, and Teens
Adding a baby to your family is an amazing time in your life. You get to browse adorable baby clothes, prepare a theme for your nursery, plan for the future, and much more. But with these anticipations come cost, and with cost comes the need for a newly refined family budget.
How to Create a Simple Household Budget
If you’re like most people, you work hard for your money. While much of that income goes toward meeting your obligations—housing, food, cars, insurance—it’s nice to have a little extra for the finer things in life.
The key to having enough for both your wants and needs is to spend your money wisely, which means creating a budget. A household budget is like a written blueprint for spending that helps document how much you take in, how much you pay out, and how you might stretch your dollars a little further.
10 Steps in the Home Buying Process
Buying your first home can be overwhelming. But if you break it down into simple steps, you can feel much more confident and focus on the excitement of the process rather than the stress of it. Here’s what you can expect when buying a home in North Carolina.
Generation Z Banking Needs [infographic]
If you are born between 1994 and 2010, you are part of Generation Z.
Your generation has different attitudes and different banking needs than millennials and generations before you, and it’s important you make some smart banking decisions now to start off right.