Money Minutes | General Electric Credit Union Blog | Financial Resources

CARES Act Provides Relief to Individuals and Businesses

Apr 8, 2020 | 4 minute read

On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and...


Coronavirus Scams: What to Know and How to Protect Yourself

Mar 19, 2020 | 4 minute read

There’s no doubt the country, and world, are experiencing unprecedented times. While many are staying home and practicing social distancing, unfortunately, scammers and cyber-criminals are taking...


11 Ways to Help Yourself Stay Sane in a Crazy Market

Mar 17, 2020 | 6 minute read

Keeping your cool can be hard when the market goes on one of its periodic roller-coaster rides. It's useful to have strategies in place to prepare you both financially and psychologically to...


February Market Update

Mar 11, 2020 | 11 minute read

With a growing number of countries reporting new cases of the coronavirus, the spread of this virus has prompted a massive panic sell-off, the likes of which haven't been seen since 2008....


The SECURE Act Passed. Now What?

Feb 25, 2020 | 3 minute read

In late December of 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law to give Americans greater security and comfort for life after work....


Retirement Plan Considerations at Different Stages of Life

Feb 18, 2020 | 6 minute read

Throughout your career, retirement planning will likely be one of the most important components of your overall financial plan. Whether you just graduated and accepted your first job, are starting...


10 Must-Have Account Alerts for Better Money Management

Feb 13, 2020 | 5 minute read

If you’re an online banking or mobile app user, you probably feel pretty comfortable when it comes to: checking your balances, transferring money, making payments, and monitoring everyday...


January Market Update

Feb 6, 2020 | 11 minute read

January was full of ups and downs as investors rode a wave of uncertainty. The month began with many of the benchmark indexes listed here losing value (except for the Nasdaq) only to surge ahead...


Worried About the New FICO® Score? Here's What to Know - and Do

Feb 5, 2020 | 5 minute read

FICO® announced a new “suite” of credit scores this week, leading to alarming headlines warning that 40 million people could see their scores drop by at least 20 points. That’s scary if you think...


2019 Annual Market Review

Jan 15, 2020 | 15 minute read

The year began with the government stymied by a shutdown, and ended with articles of impeachment levied against the president. In between, both domestic and global economies showed signs of...