New Year’s resolutions are a mixed bag for many of us. On the one hand: personal betterment! On the other hand: methodical auditing of our refrigerator, checking account, and various vices. On the cusp of a fresh calendar year, we feel compelled to immediately transform our lives, but—as is the case with most good things—change takes time. This is especially true when it comes to financial goals. And in the aftermath of steep holiday spending, our goalposts can feel…far away.   If you want a few financial resolutions that you can achieve early into the new year (because who doesn’t l ..read more

The New Year offers a great opportunity to make resolutions, whether it’s improving your physical or financial wellbeing. It’s a good time to take stock and make plans to save more cash. Here are some helpful tips ..read more

Our origami blogs have been really popular with our members! Here’s a new, easy origami project that you can enjoy. It’s easy enough to involve the entire family ..read more

At The Summit Federal Credit Union, we consistently focus on the fundamentals of financial wellness with young people. When we are out in the community talking with students, we always concentrate on the three “S’s”: Save, Spend, and Share.  While we’ve spent a lot of time this year on Saving and Spending, it is “Sharing” that comes to mind especially at this time of year ..read more

After over 80 years, The Summit is now serving the second, third, and fourth generation of members. Many of our members started their accounts when the credit union was still known as the Rochester Telephone Company Credit Union. Through subsequent mergers with other credit unions, The Summit grew. Like other family traditions, membership to The Summit can be something that just happens…naturally ..read more

Festive gatherings—intended to bring people together—can quickly become the backdrop for Grinchy behavior when money enters the conversation. But with some creative questions (and mindful boundary-setting), finance doesn’t have to be a polarizing subject. Here are six conversation starters you can safely steer towards if you don’t want your great uncle or next-door neighbor giving you the side-eye during dinner ..read more

Secured credit cards are credit cards for which those with poor or limited credit history can qualify and begin building their credit. They are a wonderful option for people who have never had a credit card before, or who may not qualify for traditional credit cards because they don’t have a long credit history ..read more

Not to be confused with banking on a website, which relies on an internet connection, mobile banking is conducted through an app on your smartphone or tablet.  Mobile banking doesn’t always require the internet – it can also be accessed through the device’s data connection ..read more

The Homebuyer Dream Program (HDP) can make first time homebuying a reality with a $10,000 grant through the Federal Home Loan Bank of NY that includes $9,500 towards a down payment and closing costs and $500 towards homeownership counseling. The best part? The money doesn’t have to be repaid because it is a grant ..read more

It’s September. The scent of autumn is in the air and the kids are back at school. It’s also National College Savings Month – a time to recognize the importance of saving early and often when planning for your child’s education ..read more