Are You Paying Too Much For Your Mortgage?

Are You Paying Too Much For Your Mortgage

If your budget feels a little snug around the waistline and you’ve been wondering how to loosen up a notch or two, consider refinancing into an adjustable rate mortgage. Because the interest rate of an ARM adjusts over time, this loan could be the perfect way to freshen up your budget and get the breathing room you need.

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Posted in: Mortgages & Home Buying

This Money Habit Makes All the Difference

This Money Habit Makes All the Difference - PenFed Your Money Blog - Nerdwallet content

Planning ahead is hard when you’re broke. But planning ahead may be the best way to stop being broke and start building a solid financial future.

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Posted in: NerdWallet, Personal Finance

Is An Anti-RFID Wallet The Perfect Father’s Day Gift?

Is An Anti-RFID Wallet The PerFect Father’s Day Gift - PenFed YourMoney Blog

If you’ve been wondering if Dad really does need a new wallet this Father’s Day — maybe an RFID-blocking wallet to protect his credit card data? — you can probably relax. Sellers of anti-RFID wallets are making a mint on wallets and credit card sleeves that protect personal information embedded on credit cards from high-tech thieves. The new technology sounds like a smart way to protect your personal data.

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Posted in: Credit Cards

PenFed Recognized by U.S. Treasury’s Financial Intelligence Unit for Award-Winning Compliance Efforts Helping Law Enforcement Prosecute Significant Criminal Case

Honoring Those Who Served, Supporting Members and Communities and Achieving Exceptional Growth Topped the Agenda at PenFed’s 82nd Annual Meeting

 

PenFed Recognized by U.S. Treasury’s Financial Intelligence Unit for Award-Winning Compliance Efforts Helping Law Enforcement Prosecute Significant Criminal Case

TYSONS, Va., June 15, 2017 – PenFed Credit Union has been recognized by the United States Treasury’s financial intelligence unit for award-winning compliance efforts that led to successful prosecution of a significant criminal case.

In a letter to PenFed President and CEO James Schenck, Financial Crimes Enforcement Network (FinCEN) Acting Director Jamal El-Hindi thanked PenFed for “making substantial contributions, through the institution’s Bank Secrecy Act (BSA) reporting, to one of six significant criminal cases to receive FinCEN’s third annual Law Enforcement Award.”

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Posted in: 2017

The Best Car Accessory Gifts For Dad This Father’s Day

The Best Car Accessory Gifts For Dad This Father's Day - PenFed Your Money Blog

It’s almost Father’s Day, which means you’re probably racking you brain for great gifts for Dad. So let’s start with something he loves: his car. Here are some must-haves for Dad’s car, just in time for Father’s day.

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Posted in: Cars