Finex Blog

Wherever you are in your financial journey, our library of articles can offer you the tips and advice you need to achieve your financial goals!
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    Maximizing Your Earnings: High-Rate Checking Accounts

    Discover how high-rate checking accounts can help you increase your earnings and grow your wealth.
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     Understanding financial terms will help you make smart decisions

    Financial Terms Decoded: Your Guide to Banking Jargon

    When it comes to banking and finance, there are some keywords that you should be familiar with. Knowing the common ...
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     Financial education for teens and young adults is important for their future

    Financial Education for Teens: Turning Mishaps into Lessons

    The importance of financial education for teens and young adults should not be underestimated. Lessons in financial ...
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    Annual Meeting RSVP 2024

    Finex will be holding its Annual Meeting at the River Restaurant - Cantina Room in Wethersfield, CT on May 22, 2024. ...
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     use these tips to make filing taxes a breeze

    Make Filing taxes Stress-Free with These 7 Tips

    Although Connecticut taxpayers have until April 15, 2024, to file a 2023 calendar year return, the Internal Revenue ...
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     Make sure you are getting the best checking account for you

    Bank Like a Boss: Tips on Picking the Best Checking Account

    By now, most individuals in their thirties understand the importance of having a good checking account with a financial ...
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     Avoid these common money mistakes

    Financial Wellness in 2024: Avoiding Common Money Mistakes

    If you’re looking for a solid resolution for the new year, consider your financial wellness and put it as a top ...
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     Learn the advantages of home buying during the off season

    Home Buying Uncovered: Making the Most of an Off-Season Market

    Did you know there is a certain time of the year that is better for home buying? A savvy home buyer who wants to ...
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     See how different financial choices can affect a millennials long term goals and other tips

    A Tale of Two Millennials: The Impact of Saving vs. Not Saving

    Although the times may have changed and there are many differences between the modern Millennial, Gen Xers, and ...
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     Learn all about high yield checking accounts and if they are a good fit for you

    Maximizing Your Money: Is a High Yield Checking Account Right for You?

    When it comes to checking accounts at your local bank or credit union, savvy millennials and Gen Z savers should be ...
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     Use these tips to make sure you are scoring deals all year long

    Holiday Shopping Hacks: How to Snag Deals Year-Round

    If you’re like most consumers, getting the most bang for your buck is at the top of your list when holiday shopping. If ...
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     Here is how to winterize your home

    Winter-Ready Living: 8 Areas in Your Home that Require Winterizing

    Part of being a homeowner is being prepared when the weather can impact your house. While it is a good idea to be ready ...
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     These-tips-will-help-you-budget-for-the-holiday-and-have-a-stress-free-shopping-experience.

    5 Steps to Budget for Holiday Shopping

    The holidays are a time of joy, happiness, and celebrations when families and friends gather from near and far to spend ...
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     Here-is-What-You're-Missing-in-Your-Search-for-the-Best-Car-Loan-Rates

    What You're Missing in Your Search for the Best Car Loan Rates

    Here's What Will Really Help You Find the Best Car Loan and Car Loan Rates. If you're shopping for a car, chances are ...
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     Using digital banking features is safe as well as easy and convenient.

    Digital Banking: The Online Security Arsenal at Your Fingertips

    Due to the plethora of convenient digital services and online apps, the traditional way we do banking has changed. In ...
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     Use these ways to earn extra cash so you can invest in the 52 week challenge.

    Reach Your 52-Week Money Challenge Goal with these 5 Ways to Make Extra Cash

    By now you’ve probably heard all about the popular 52-Week Money Challenge that has everyone motivated to stash their ...
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     Use these tips if you have bad credit and are looking to buy a car

    Need to Find Out How to Get a Car Loan with Bad Credit? [7 Quick Tips]

    When you have good credit, qualifying for a car loan is easy. However, if your credit is poor, the situation is more ...
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     Here are tips to help you find best used cars and car loan

    Selecting the Best Used Cars and Car Loan for You [Top 10 Tips]

    Shopping for and buying used cars is not something most people do every day, which means the task can be daunting – ...
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     Follow these steps to have a smooth first time homebuying journey.

    10 Crucial Steps for Every First-time Homebuyer

    Owning a home of your own is part of the American Dream. But a first-time homebuyer must take diligent steps to be in a ...
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    How to Find the Best Car and Car Loan to Finance Your Purchase

    Buying an automobile does not happen every day, and that adds a layer of unfamiliarity to the process. Researching the ...
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     Get the most out of your car buying experience by understanding the benefits of a credit union car loan.

    5 Major Benefits of a Credit Union Car Loan

    When it’s time to buy a new car, most of us need some type of financing to pay for the vehicle. While there are a ...
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     Learn when it is a good idea to refinance your car loan after getting financing from a dealership

    How Quickly Can I Refinance My Car Loan After Financing with a Dealership?

    Sometimes fast-paced car salespeople get potential buyers overly excited and entice them to make a purchase that ...
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     Here are some reasons you may need GAP insurance

    5 Reasons Why You May Need Gap Insurance

    When making a major purchase, people typically believe that comprehensive insurance coverage provides complete ...
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     Understanding the differences between an arm and fixed mortgage will help you make an informed decision.

    Adjustable Rate Mortgage vs. Fixed Rate Mortgage: The Key Differences

    When shopping for a home or investment property, buyers are also responsible for choosing the right loan to fit their ...
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    10 Important Travel Safety Tips Everyone Should Know

    Travel Safety is More Important Than You Think When we pack our suitcases for vacation, we look forward to time away to ...
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     Use these tips to get the most out of an auto loan calculator

    4 Tips You Should Know When Using an Auto Loan Calculator

    Here's How to Make Sure You Don't Overpay for Your Car and Car Loan Everyone wants to get the best price on their next ...
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     Find out the best time to buy your next car

    Best Time to Buy a Car [Including Top Tips for Getting a Car Loan]

    If you're contemplating a car purchase, you are likely looking for ways to save. After all, spending several thousands ...
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     Having a seasonal home maintenance checklist can ensure your home's longterm health.

    The Seasonal Home Maintenance Checklist Every Homeowner Needs

    Owning comes with a lot of responsibility. Since much of the responsibility of owning a home includes maintaining it ...
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     If you are thinking about refinancing your auto loan these tips will help

    Looking to Refinance Your Car Loan? - Here's What You Need to Know

    When a borrower wants to refinance car loan terms and payments, the process involves applying for a new car loan to pay ...
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     These online safety tips will ensure that you can enjoy your online shopping safely.

    11 Online Safety Tips For Making Purchases on the Internet

    Shopping online is convenient and affordable but also full of potential dangers. While shopping for the best price and ...
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     Understand how the msrp is not the final price so you can get a better deal

    MSRP Meaning for Cars - Why It's NOT the Final Price

    When you head to a car dealership and start looking at the window sticker for cars that catch your eye, you may be ...
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     Knowing how browser cookies work can help you have a safe and effective online experience.

    4 Ways Browser Cookies Help Your Online Banking Experience

    People who are not experts in information technology harbor concerns that browser cookies endanger their personal and ...
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     If you use theses tips, you and your family will have an enjoyable vacation.

    6 Family Travel Tips that will Save You Money and Headaches

    Whether you’re planning a great American road trip or a Paris vacation, families often save and budget for extended ...
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     These young students can set themselves up for success by making smart choices.

    Here’s Why Budgeting in Your 20s is Important and How to Get Started Today!

    While everyone is telling you in your 20s that you have your whole life ahead of you and you are young. Do not ...
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     High school students can start financial planning to set up a strong future.

    10 Smart Financial Planning Tips Every High School Student Should Follow.

    High school life is FULL of choices and change. Students trying to figure out where they want to go to college, playing ...
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     These budget friendly renovations will help your home get a facelift and add value.

    6 High Impact, Budget Friendly Home Renovation Ideas to Tackle this Spring

    Spring is the perfect time to spruce things up around your home. From upgrading your entranceways with fresh paint, ...
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     This couple is getting ready to buy their first home using our tips.

    How Much House Can I Afford? 5 Steps to Ensure You Don't Overspend

    You have been saving and planning, and now it is finally time to start shopping for your first home! We are thrilled ...
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     These-7-tips-will-help-you-save-money-and-cut-cost.

    8 Easy Tips on How to Save Money and Cut Costs For Your Family

    If you are like most families today, you are constantly searching for tips on how to save money to stay within your ...
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    Banking Safety 101

    A message to our members
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    Budgeting and Saving Made Easy with My Money Manager Tool

    Our custom My Money Manager tool is available right on your online banking platform.
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     Send money safely by keeping an eye out for these types of scams.

    Planning to Receive or Send money? Use These Tips to Avoid Getting Scammed

    We have all been there, you went out to eat with a group of friends and one person pays the bill and the rest send ...
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     Finding the best checking account will make you smile like this couple when banking.

    Everything to Consider When Looking for the Best Checking Accounts

    When you're planning to open a new checking account, it can sometimes seem like there's a credit union on every corner, ...
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     This-young-man-is-building-his-credit-with-these-easy-steps.

    How to Build Credit in 6 Simple Steps

    Whether you're new to the world of finances and need to learn how to build credit without a credit history, or you have ...
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    5 Reasons A Second Chance Bank Account Is a Good Fit For You

    Having a checking account at a reputable credit union is important for your financial success and freedom. Being a ...
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     These-life-hacks-will-free-up-your-time-so-you-can-relax.

    10 Life Hacks to Make 2023 Your Best Year Yet

    If you’re like most people, you want to improve your lifestyle whenever possible and can appreciate helpful life hacks ...
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     Finding-out-how-long-it-takes-to-build-credit-can-help-with-your-finanial-goals.

    Exactly How Long Does it Take to Build Credit?

    If you're ready to start your financial future now or want to rebuild credit, you have to understand that building ...
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     Finding-the-best-checking-account-online-can-ensure-this-family-long-term-financial-success.

    How to Find the Best Online Checking Account [10 Factors to Consider]

    Online checking accounts are fast and easy to set up. You can apply for one in the comfort of your own home, and start ...
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     Women-couple-researching-what-to-do-with-extra-money-on-their-laptop-while-resting-their-heads-on-each-others-shoulders.

    What to Do With Extra Money to Maximize Your Savings

    The average American has an inadequate amount of savings. According to the Federal Reserve’s last Survey of Consumer ...
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     These-financial-tips-will-help-you-have-a-great-new-year.

    10 Ways to be Successful with your Financial New Years Resolution

    We all love making New Year’s resolutions. Being hopeful, optimistic, and setting a goal can help boost our motivation ...
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     Here are some common quesitons that you may have about second chance banking.

    Second Chance Checking Account Most Commonly Asked Questions

    Thinking about starting fresh with a second-chance checking account? You probably have some big questions, so read on ...
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     This-young-couple-is-discussing-which-second-chance-banking-option-is-the-best-for-them.

    Finding the Right Second Chance Banking Options for You

    Second-chance banking is a group of financial rebuilding opportunities offered by certain banks and credit unions. If ...
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     This-young-man-is-thrilled-with-his-savings-after-the-52-week-challenge.

    3 Ways to Make the 52 Week Money Challenge Work for You

    In January, we typically start thinking about New Year’s resolutions. For some, this might mean making goals to eat ...
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     These-last-minute-gift-ideas-are-meaningful-and-fun.

    Forgot a Gift? Here are 8 Last-Minute Gift Ideas That Don’t Feel Rushed.

    If you find yourself racking your brain to come up with last-minute gift ideas before the holidays, it may help to know ...
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     Fall-activities-are-a-great-way-for-families-to-enjoy-outdoors.

    4 Fall Activities You Can Enjoy with Your Family Outdoors

    Although school-aged children have a summer break that simplifies family vacations, autumn ushers in moderate weather ...
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     This-first-time-car-buyer-loves-car-he that he got a great deal on because-knew-the-top-tips-that-every-first-time-car-buyer-should-know.

    9 Things Every First Time Car Buyer Should Know

    Congrats! Buying your first car is an exciting and rewarding experience. But while it may be tons of fun, there are ...
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     This-couple-used-a-personal-loan-to-have-the-wedding-of-their-dreams and improve their credit.

    3 Ways Personal Loans Can Improve Your Credit Score

    When hard-working community members suffer financial hardships or lack cash-on-hand resources, Personal Loans remain a ...
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     This-couple-is-understanding-how-debt-consolidation-works.

    How Does Debt Consolidation Work?

    Americans average about four credit cards per person with an average balance of about $8,000. Add in a car payment and ...
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    How to Increase Your Credit Score in 30 Days or Less

    The three-digit number known as a credit score greatly influences our financial lives. It ranks among the determining ...
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     This-couple-is-happy-that-their-budgeting-has-paid-off and they have more savings.

    Budgeting in Uncertain Times: 11 Ways to Save Every Day

    Although over 40% of Americans' financial resolution is to find ways to save more money, less than half of Americans ...
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     Young-woman-accessing-her-online-and-mobile-banking tools-on-her-cell-phone-at-a-restaurant.

    8 Money Management Tools to Help You Succeed On Your Terms

    Although access to debit cards, credit cards and online shopping platforms make life a little simpler, accurate money ...
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     Older-couple-sitting-on-a-couple-researching-should-i-refinance-my-mortgage-on-a-laptop.

    Wondering Should I Refinance My Mortgage? [Expert Tips Inside]

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     Hand-holding-keys-to-new-house-after-their-home-loan-was-approved.

    Home Loans: What You Need to Know to Get Approved [10 Item Checklist]

    If you want to know how to get approved for a home loan, you've come to the right place. According to the National ...
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     Young lady safely making-an-online-purchase-using-her-credit-card.

    Avoiding Online Financial Scams in the Digital Age [Top 7 Safety Tips]

    We hear the occasional news about hackers stealing millions from large corporations and warnings about securing our ...
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     Couple-is-signing-mortgage-paperwork-with-a-mortgage-lender-after-deciding-to-go-with-a-credit-union-as-a-lender-not-a-bank,.

    Credit Union vs Bank: Which Mortgage is Better

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     Couple-paying-a-waiter-for-dinner-at-a-resstuarant-using-their-digital-wallet-on-their-cellphone.

    5 Reasons to Use Digital Wallet

    Technology continues to alter the way our members go shopping, complete transactions, and share joint costs, making a ...
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     Boy helping with a home improvement project this summer as he waters his new garden.

    6 DIY Home Improvement Projects for Summer On a Budget

    Winter and spring’s unpredictable weather coupled with hectic family school schedules cause home improvement projects ...
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     Family-wondering-what-to-look-for-when-buying-a-house-as-they-look-out-a-large-window-of-a-potential-new-home.

    What to Look for When Buying a House in a Hot Market

    The surging real estate market shows no signs of slowing down and that creates opportunities and challenges for buyers. ...
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     This group of diverse college students are looking for bank accounts to help them succeed.

    College Students Must Follow These 8 Essential Financial Tips

    The financially carefree days of college students are quickly disappearing in the rearview mirror. Wide-reaching ...
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     Young-couple-unpacking-moving-boxes-after-their-FHA-Loan-helped-secure-their-first-mortgage.

    FHA Loan Pros, Cons and Must-Know Tips to Get Approved

    Federally-guaranteed mortgage programs are designed to serve ordinary people who do not necessarily possess perfect ...
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     First-time-home-buyer-couple-holding-a-wood-home-representing-their-dream-of-homeownership.

    5 Mistakes to Avoid as a First Time Home Buyer

    As you prepare to buy your first home, you likely face the process with a mixture of fear and excitement, and for good ...
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     A-pre-approved-car-loan-helps-you-leave-your-memorial-day-car-sale-happy-like-this-woman-driving-her-new-car.

    Take Advantage of Memorial Day Car Sales With These Tips

    High demand, supply chain hiccups, and a global semiconductor shortage caused the prices of automobiles to rise over ...
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     This-couple-is-on-a-laptop-working-through-strategies-to-manage-debt and regain-financial wellness.

    Strategies to Manage Debt and Regain Your Financial Wellbeing

    Proper debt management leads to financial security in the future – something we all hope to achieve. In fact, much of ...
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     A home equity loan or home equity line of credit from Finex can help your backyard look like this oasis with pool and patio.

    The 5 Best Home Improvement Projects for Spring

    Homes, like people, are a work in progress. Using the equity you’ve acquired in your home to enhance your home’s ...
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     Couple exploring home equity loan possibilities on their laptop smiling while sitting on a bench.

    What are the 10 Best Ways to Use a Home Equity Loan?

    Using a home equity loan creatively gained significant traction in recent years. After faithfully paying their monthly ...
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    You could be surprised and win a $1,000 Mastercard Prepaid® card to treat yourself to something special.

    Whether you’re paying for takeout or a movie ticket, with every purchase you make from now until 12/31/22, you could be ...
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    Annual Meeting RSVP 2022

    Finex will be holding its Annual Meeting at Hilton Garden Inn in Glastonbury, CT on May 25, 2022. Advanced registration ...
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    You’ll Pay Less When You Know the Score

    Understanding and Improving Your Credit Score Your credit score is one number with a big impact on your financial life, ...
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    Three Things You Need to Do Before Getting a Car Loan

    The ABC’s of Smart Car Financing What make? Which model? Will you go for a bright color like red, or one that hides the ...
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    President's Message | CyberSecurity

    Cybersecurity: We are “all in” on your side! Simplicity and convenience in accessing your money, loans, and investments ...
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    Using a HELOC to Pay Off High-Rate Debt

    Homeowners might wonder whether it's a good idea to tap their home equity, or the market value of the property minus ...
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    What to Know About Home Equity Loans

    If you're a homeowner, you have a powerful tool in your financial arsenal: the home equity loan.
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    President's Message | Spring 2019

    Mortgages – Online Browsing can lead to offline frustrations Shopping for a new home usually starts with Zillow or ...
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    The Tax Benefits of Owning a Home

    From building equity to giving you a chance to settle down and plant roots, homeownership comes with potential benefits ...
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    First Job? Here's How to Set Your Finances up for Life

    Landing that first job means having a regular influx of cash, but steady work alone doesn't guarantee financial health. ...
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    5 Financial Resolutions for the New Year

    A brand new year provides the perfect opportunity to make meaningful life changes, including improved financial ...
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    President's Message | Winter 2019

    As the year ends, I want to thank you for your support of Finex Credit Union. It is uplifting to have an engaged ...
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    Organize Your Finances for the New Year

    A new year brings a chance to start fresh with just about anything. If your midnight toast includes a resolution to ...
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    How to Get Out From Under Student Loans

    If you're a recent college graduate who took out student loans, you likely owe about $35,000. As eye-popping as that ...
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    Credit Union Membership: What You Need to Know

    A credit union can be a more rewarding option when you're saving for a rainy day and looking for a safe place to keep ...
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    President's Message - Interest Rates

    Interest rates on the move? Our Board of Directors and Management team meet monthly to determine where to set our ...
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    10 Terms Every Homebuyer Should Know

    Buying a house is a common undertaking for many Americans, but it's also one of the most complicated — not to mention ...
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    When to Refinance From an Adjustable-Rate to a Fixed-Rate Mortgage

    Unlike diamonds, mortgages are not forever. The ultimate goal is to pay them off and own your home free of ...
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    Ways to Cut Your Car Costs

    CAR SHARING, AUTO REFINANCING AND INSURANCE Driving is a necessity for many, but it can also be expensive, with an ...
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    Refinancing Auto Loans 101

    If you're paying too much in interest on your car or truck loan, refinancing could be a great way to save some serious ...
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    How to Improve Your Credit Score

    March is Credit Education Month! Here are some ways to Improve your Credit Score!
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    Is your credit score too impersonal to assess the risk you present?

    We use credit scores every day providing them free to you in our mobile app and home banking platforms. They are very ...
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    What Is a Certificate of Deposit (CD)?

    Certificates of deposit, or CDs, are not the most exciting investments, but they are among the safest. They make ...
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    How to Fund Your College Social Life While Maintaining Your Financial Health

    Unlike Snoop Dogg, incoming college students might not have their minds on their money and their money on their minds. ...
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    What Kind of Saver are You?

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

    President's Message
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    To Our Valued Members from Michael Palladino, President & CEO

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    Eliminate Debt

    How to Get out of Debt in the New Year A brand new year often inspires positive life changes such as breaking free of ...
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    All About Credit

    Why is Credit Important to Me? Credit is a rating based on how trustworthy you are to pay back debts. It’s important to ...
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    Building a Credit Score

    Building a Credit Score From Scratch
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    Featured Project Shoprite of Manchester:  Mentioned by Solidus

    Finex Credit Union was recently mentioned in a blog by Solidus, who managed the construction of our Vernon and ...
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    President's April Message

    Now introducing
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    President's November Message

    Continuing our growth: With the transition to the Finex Credit Union brand, we are really beginning to see the benefits ...
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    FinexCU Opens at ShopRite of Manchester

    Finex At ShopRite Is Now Open Finex Credit Union had an eXciting grand opening over the Halloween weekend at ShopRite ...
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    An Overview of our Vernon Branch

    A New Member Experience: Finex Credit Union has reinvented our Vernon location. We will soon be able to provide you ...
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    Preparing Yourself for the Monthly Expenses of Owning a Car

    Congratulations on the completion of your new car purchase! Before you drive off into the sunset be sure you are ...
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    Buying Your First Car with First New England & Enterprise Car Sales

    The car buying process can be a grueling one for many reasons. Many of us do not like the negotiation process, ...
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    Obtaining Your First Auto Loan with FNEFCU!

    Buying your first car is an exciting time, and if you are anything like me you had your vehicle of choice picked out ...
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