Financial Fundamentals Blog

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...

6 Advantages Credit Unions Have over Banks, and Why You Should Join One

  • Francesca Sacco
 

Impulse buying: What it is and how to stop it

  • Francesca Sacco
We’ve all fallen for the temporary excitement of an impulse buy. Something catches your eye at the store or while you’re scrolling online and the next thing you know, it’s in your cart or on its way to your house.

Unemployment fraud: How to tell if you are a victim and ways to report it

  • Francesca Sacco
Fraudulent unemployment claims have reached dramatic levels during the pandemic. Claims continue to rise across the United States, and Ohio is no exception. According to the Ohio Department of Job and Family Services, over 128,000 claims were filed in March of 2021. Of those 128,000 claims, at least 19,000 have been flagged as...

Key Differences Between Credit Unions and Banks

  • Francesca Sacco
If you’ve never been a member of a credit union before, you might have questions about how these financial institutions differ from traditional banks and whether or not they offer the same services as for-profit banks.