Financial Fundamentals Blog

7 Tips for Building Net Worth Over Time

  • Francesca Sacco
  If you’re serious about building financial stability and long-term security, then you’re probably looking for ways to grow your net worth.   While a steady income is the root of all financial security, your net worth also reflects your ability to achieve long-term financial goals and overcome unforeseen financial obstacles....

7 Financial Lessons to Teach Your Kids

  • Francesca Sacco
  Parents have a lot of aspirations when choosing what lessons and skills they plan to teach their children. But if money management and other financial lessons aren’t near the top of that list, they should be.   Although children are too young to earn an income and pay their bills, childhood is a time when many financial...

Tips to separate your personal and business finances

  • Francesca Sacco
As a business owner, it’s important to establish a distinct separation between your personal finances and your business finances.

Tips to make your passwords more secure

  • Francesca Sacco
7 17 Credit Union is committed to providing our members with the safest online and mobile banking experience that we can by implementing the most sophisticated security technology. But we can’t do it alone. We want you, our members, to be aware of the measures you can take to safeguard your information. While we’ve compiled a...

Mortgage Options: What to Consider Before Applying

  • Francesca Sacco
Ready to hit the housing market and find your new home? The formal process starts with applying for a mortgage, getting prequalified, locking in a rate and hitting the market in search of a home that fits within your budget.   Before you fill out that application, though, you’ll want to take care of some important housekeeping...

7 17 Credit Union Scholarship Applications Now Available!

  • Francesca Sacco
As a community-minded financial institution, 7 17 Credit Union provides services and products that make a difference for our members and the communities we serve. Our products and services cover a broad range of needs, including checking, loans and for a lucky few, scholarships to offset the cost of higher education or trade...

Learn more about account takeover fraud and how to protect yourself

  • Francesca Sacco
Fraudsters will stop at nothing to gain personal information, and when they succeed, the end result can be disastrous. One type of fraud that is gaining traction is account takeover fraud, or ATO. Account takeover fraud, also known as account compromise, occurs when a cyber-attacker gains control of a legitimate account.

Important information about the Advance Child Tax Credit Payments

  • Francesca Sacco
As a part of the American Rescue Plan Act, enacted in March, eligible families began to receive Advance Child Tax Credit payments on July 15.

The difference between a personal and a business checking account

  • Francesca Sacco
If you’re a business owner, it’s important to understand the difference between a business checking account and a personal checking account, and to utilize the right checking account for the right purpose.

Financial benefits of working from home

  • Francesca Sacco
While the country returns to normal following the height of the pandemic, many people are still finding themselves working from home. It’s not surprising to learn that working from home can be very different from working in the office. There are new complications.

How Debt Consolidation Affects Your Credit

  • Francesca Sacco
  When you find yourself swamped with debt and facing large monthly payments across multiple accounts, debt consolidation can become an attractive option to create short-term financial relief while also making a long-term plan for debt repayment.   Depending on how you approach debt consolidation, though, this financial relief...

Should I Get My Car Loan Through a Credit Union or a Bank?

  • Francesca Sacco
  Unless you have the available funds to afford a vehicle outright, you’ll need to get approved for an auto loan to cover at least part of the cost of a new vehicle purchase. To do that, you’ll need to line up financing to cover whatever you can’t pay out of pocket.   While the financing part of buying a car might seem less...