Factors That Affect Credit Union Loans’ Monthly Payments

Credit union loans, like many loans, have regular monthly payments that must be made. The amount of a loan's payment can vary significantly, however, depending on several factors. Here are the main details that will affect how much you must pay monthly when taking out a credit union loan. Principal The principal is the amount borrowed, and the full amount must eventually be paid back. If all other factors are equal, higher amounts borrowed result in higher monthly payments because there's more to pay back. Read More 

Things Community Banks Should Look For In Banker’s Banks

Community banks may not be as large as national banks, but that doesn't mean they can't compete. Banker's banks are available to support these smaller banks, providing them with meaningful solutions for growth. If you look for these things in a banker's bank, their solutions will remain valuable for a long time. Included Training Seminars You may end up working with a banker's bank to help your community bank roll out new services that weren't financially possible prior to this relationship. Read More