Money Minutes | General Electric Credit Union Blog | Financial Resources


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...


November Market Update

Dec 6, 2019 | 12 minute read

Stocks grew for the third straight month as each of the benchmark indexes listed here posted solid returns in November. Despite unrest in Washington as the impeachment process drones on,...


October Market Update

Nov 5, 2019 | 12 minute read

Investors continued to buy stocks, pushing values higher in October. Each of the benchmark indexes listed here posted solid monthly gains despite signs that the economy is slowing, both...


Q3 2019: Quarterly Market Update

Oct 11, 2019 | 12 minute read

The third quarter was full of ups and downs for stocks, much like the second quarter. Stock values moved in response to the rhetoric from the participants in the trade war between the United...


Debunking Credit Union Myths

Apr 4, 2019 | 4 minute read

A credit union is a not-for-profit financial organization that exists to serve its members. In fact, years ago the common credit union tagline was "not for profit, not for charity, but for...


Elder Financial Abuse and Exploitation

Mar 16, 2018 | 3 minute read

Elder abuse is the intentional or neglectful act by a trusted individual or caregiver that can lead to the harm of a vulnerable elder.1 Financial exploitation of elders occurs when a trusted...


UPDATE: Equifax Extends Free Credit Freezes

Feb 5, 2018 | 2 minute read

Announced January 29th: Equifax is extending free credit freezes through June 30th.


Free Credit Freezes from Equifax

Sep 20, 2017 | 1 minute read

Due to the recent Equifax incident, Equifax is offering free credit freezes until January 31, 2018. Additionally, the company will also refund fees to anyone who has already paid for freezes since...


Prime Rate Increase: What You Need to Know

Dec 22, 2016 | 2 minute read

In late December, and for the first time in nearly a decade, the Federal Reserve (FED) increased the prime interest rate. This increase directly affects the interest you’ll pay when you carry a...