If you’re a first-time car buyer, you may know it can be daunting to navigate the car buying process. In this blog we’ll give you the information you need to make an informed decision. Determine Your Vehicle Needs When deciding you should consider the following factors: Daily commute—Your daily mileage may be an important factor when evaluating the Miles Per Gallon (MPG) of a vehicle. Or, with electric vehicles you’ll need to know how you can go before charging. Storage needs—Different manufacturers of the same body style may have different trunks or back-end storage. Evaluate how much room y ..read more

Investing in multifamily properties can be a great investment. Unlike single dwelling units, multifamily could boost your income while reducing vacancy rates. Before deciding to expand your portfolio, it is important to do your research. What is a Multifamily Property? A residential property that has more than one unit – duplexes, triplexes, and apartment are some of the most common examples. Some investors choose to live in one of the units and rent out the remaining units. Tips for Investing in Multifamily Properties. Incorporating multifamily real estate is a unique experience when compared ..read more

Over the past few months, we have been diligently enhancing our technology offerings to provide you with a more seamless and enhanced experience. We successfully transitioned to a new core operating system and digital banking platform that is some of the industry’s best and most innovative technological solutions. Like any complex system, there have been some minor issues that have come to our attention, and we want to be transparent and assure you that we are actively working to address them—most of which will be resolved prior to this blog’s publication. We also know you experienced longer t ..read more

With Voice Banking, members can access their accounts from their phones to make payments, check balances, and more! Enrollment All members will need to enroll in Voice Banking using the updated Username and PIN parameters below. Login (Member) ID Format: last 6 of SSN + Date of Birth (MMYY). Example: SSN = 123456789 + DOB = 03/13/63 would be 4567890363 During registration, all callers will be asked to set or reset a 4-digit PIN after verifying their identity by entering their full SSN and Account Number. You will then need to select your preferences, such as language. If you enter an incor ..read more

When was your last Home Loan checkup? Much like scheduling a doctor’s appointment or a dental visit, reviewing your Home Loan health is equally important. Yet, many of us often put it off. But just like your physical health, your financial health deserves attention too. What is a Home Loan Checkup? At Yolo Federal, we offer a complimentary Home Loan Checkup, facilitated by our dedicated Home Loan Representatives. During this session, we thoroughly assess your current mortgage to ensure your loan is optimized for your financial well-being. It’s an opportunity to potentially lower your interest ..read more

Yolo Federal Credit Union continued its commitment to serving our members and fostering financial stability. Despite the challenges posed by the ever-evolving financial landscape, we achieved significant milestones and implemented important initiatives that align with our mission of helping our members achieve financial success. We experienced a steady increase in membership throughout 2023. We welcomed 767 net new members, reflecting a 3.6% growth compared to the previous year. Our commitment to providing affordable and accessible loans to our members remained unwavering. The total loan portf ..read more

In this guide, you’ll learn how to use Card Controls to secure your Yolo FCU Debit and Credit Cards through Online and Mobile Banking. To access Card Controls, go to Accounts and select Card Controls. From a browser you’ll see all of your cards displayed. From the Mobile App swipe the image to display each Debit or Credit Card. You can place a temporary block on your card by clicking on the toggle button. This feature will allow you to turn on/off access to your card at any time. To access additional features from a browser, hover over your Debit or Credit Card image and click Manage Card. Ale ..read more

What to Consider When Buying a Multifamily Property It can be fun to “window shop” for investment properties, but if you’re seriously considering committing to adding multifamily properties into your portfolio, you’ll need to do your due diligence. To ensure you’re getting a quality real estate deal, it will involve a combination of factors. In this blog we’ll cover 4 factors that should be considered before finalizing the deal: Property Location Building Details Income Potential The “Cost” of the Property Property Location Location often tops the list of “must haves” for potential renters ..read more

As we approach the end of another remarkable year, I reflect on our success with gratitude for our incredible team of employees and for our members who continue to evolve with us and support us. This year has been filled with achievements that we, as a credit union family, can be proud of. Our commitment to helping our members achieve financial success has resulted in numerous success stories. Whether it’s helping members secure their dream homes, financing a new vehicle, or achieving personal financial milestones, your success is our success. We now serve all of Yolo, Sacramento, Placer and E ..read more

A new year means new financial resolutions. Now is the perfect time to evaluate your personal financial goals and think about what you’d like to achieve in the coming year. As your financial partner, we’re here to provide you with the tools, resources, and information to help you achieve your goals. Here are our top 2 financial goals that could help you improve your financial future: Debt: Paying off or paying down credit cards and other debt. Saving: Reducing monthly spending or establishing or growing an emergency fund. Debt Payoff Strategies Debt can feel overwhelming and could affect mor ..read more