LOGINWhich home equity loan should you choose? You’ve worked hard to pay your first mortgage balance down, and in turn that creates equity in your home. Simply put, the equity is the difference between your home’s value and the outstanding first mortgage balance. If you are considering a large home remodeling project, a second home, debt consolidation, or paying for … Continue reading
Join us at Heritage Credit Union’s 2021 Annual Meeting
2021 Heritage Credit Union Annual Meeting September 27, 2021 | 4:00 pm The 87th Annual Meeting of Heritage Credit Union will be held on Monday, September 27, 2021, beginning at 4:00 pm at the Heritage Credit Union Home Office located at 4617 Liuna Way, DeForest, WI. At the meeting, several reports will be given regarding the state of affairs of … Continue reading
Posted in Heritage Updates
Heritage CU Teams Up With Local Photographers to Highlight Rockford Community Landmarks
Heritage Credit Union teams up with local photographers to highlight community landmarks in branch transformation M & M Photography captures unique scenes of Rockford. ROCKFORD, IL—September 6, 2019–Heritage Credit Union tapped local photographer M & M Photography to capture unique, yet recognizable scenes, in Rockford to highlight the credit union’s ties to the community. “When we began researching how we … Continue reading
Posted in Heritage Updates
10 Terms Every Homebuyer Should Know
Buying a house is a common undertaking for many Americans, but it’s also one of the most complicated — not to mention costly — purchases adults will ever make. It’s important to understand these 10 essential terms so you understand how much house you can afford and make smart decisions when you buy a home. Adjustable-rate mortgage (ARM): A mortgage … Continue reading
Posted in Mortgages
When to Refinance From an Adjustable-Rate to a Fixed-Rate Mortgage
Unlike diamonds, mortgages are not forever. The ultimate goal is to pay them off and own your home free of encumbrances. But there are many good reasons to trade in your original mortgage for a new one along the way. One of the most common reasons to refinance is to move from an adjustable-rate mortgage, or ARM, to a fixed-rate loan. With an ARM, … Continue reading
Posted in Mortgages
Heritage Credit Union Breaks Ground at New Machesney Park Location
Heritage Credit Union Breaks Ground at New Machesney Park Location (Machesney Park, IL – October 27, 2017) Heritage Credit Union has officially broken ground for its new location in Machesney Park, Ill. A ceremony was held on October 25, 2017, with several community members and village officials in attendance. When the new full-service location at 7144 North Perryville Road opens … Continue reading
Posted in Heritage Updates
Should I Buy a New or Older Home?
A question that often comes up, especially for first time home buyers, is whether to purchase a newly constructed or older home. As you’ll find out in this article, there are pros and cons to each side of the decision. Read on to get a better understanding of which home is right for you. Older home advantages Larger yards and … Continue reading
Posted in Mortgages
Best Ways to Save on Summer Vacation
Best Ways to Save on Summer Vacation With school letting out and sultry summer days ahead, it’s time to start thinking vacation. Because it’s a supply-and-demand world, you’ll likely be up against higher airfare, hotel costs and car rental rates. But here are some tips to help keep things affordable. If by air … If you plan to fly domestically, … Continue reading
Posted in Education, Money Tips for Parents
Consolidating Debt: When Does It Make Sense?
Consolidating Debt: When Does It Make Sense? Debt can be hard to crawl out of, especially when payments on credit cards, consumer loans and student loans continue to pile up on top of your living expenses. Overwhelmed with a blizzard of monthly bills, many people look at consolidation as an alternative. Streamlining debts can be a useful way of managing … Continue reading
7 Money ‘Tips’ to Ignore
It’s easy to ignore the misguided dating advice of elders at family gatherings, so why do we let the financial tidbits sink in? Money advice often gets woven into humdrum conversations between family and friends, and it can be hard to know what to take seriously. Here are seven financial “tips” to let in one ear and out the other. … Continue reading
Posted in Education