Finex Blog

What's a Good Use for a HELOC?

Posted by Shaughnessy Comstock on May 22, 2017 3:33:38 PM

 

When you take out a second mortgage, a name for a home equity line of credit, you're offering your house as collateral to secure another loan. The upside: You can gain access to up to 85% of your home's value, minus your current mortgage balance and adjusted based on your creditworthiness.

The downside? If you can't make your payments, you could lose where you live.

Read More

What Kind of Saver are You?

Posted by Shaughnessy Comstock on Apr 25, 2017 3:10:14 PM

Read More

First New England Federal Credit Union’s Voyage to Finex Credit Union

Posted by Michael Palladino on Apr 4, 2017 4:26:49 PM

President's Message

Read More

To Our Valued Members from Michael Palladino, President & CEO

Posted by Michael Palladino on Mar 8, 2017 12:18:50 PM

Finex is subject to the trends driving most financial organizations;  Digital convenience is a must while branches are in decline.  In credit union land those not keeping up with technology continue to be merged out of existence.   

Read More

Eliminate Debt

Posted by Shaughnessy Comstock on Jan 24, 2017 11:28:10 AM

 

How to Get out of Debt in the New Year

A brand new year often inspires positive life changes such as breaking free of debt. If collections calls have been interrupting your dinner or you're just stressed out from heavy-duty debt, here's how to eliminate the burden.

Read More

All About Credit

Posted by Shaughnessy Comstock on Jan 17, 2017 12:48:05 PM

 

Read More

Topics: Excel 24

Building a Credit Score

Posted by Shaughnessy Comstock on Jan 15, 2017 10:10:09 AM

 

Building a Credit Score From Scratch

Read More

Topics: credit enhancement

Featured Project Shoprite of Manchester:  Mentioned by Solidus

Posted by Finex CU on Apr 21, 2016 1:13:46 PM

Finex Credit Union was recently mentioned in a blog by Solidus, who managed the construction of our Vernon and Manchester branches. The Grand Opening was held this past October at the Manchester Shoprite location.  

Read More

President's April Message

Posted by Michael Palladino on Apr 18, 2016 12:04:51 PM

Now introducing

Read More

President's November Message

Posted by Michael Palladino on Nov 24, 2015 10:12:07 AM

Continuing our growth:

 With the transition to the Finex Credit Union brand, we are really beginning to see the benefits of “Wherever You Are” convenience and service efforts we put in place. First we redesigned our Vernon branch, improving the look while replacing traditional teller cash functions with a new more secure video center. Next we launched our first automated service center in ShopRite Supermarket in Manchester. Lastly we are deploying a new call center approach to provide more consistent phone response times.  

While other banks and credit unions are scaling back in the face of change, closing branches and reducing staff, we are instead investing to expand access and convenience as you have asked us to. It is great to see that it is paying immediate dividends. We have expanded hours of operation by 35% and are now opened 7 days a week and until 7 pm on weekdays! We now provide more branch hours of operation than 90% of the banks and credit unions in the state.

Read More