Featured Articles
Knowledge is power.
That's true with any topic, but it's especially the case when it comes to understanding and managing your loans. At KEMBA, we make it our mission to provide you with all the information you need to know about your loans, if you should apply for one, and more.
To get the most out of student loans, home loans and other credit union services and products, review these helpful articles.
What You Need to Know About Student Loans
February is Financial Aid Awareness Month If you or a loved one are getting ready for the upcoming college year, now is a great time to educate yourself on financial aid for higher education and how it works. Colleges are preparing to send award letters, and families are anxiously awaiting the arrival to see the…
5 Things Central Ohioans Can Do with Lower Interest Rates
With recent rate cuts by the Fed, there are a number of opportunities Central Ohioans can take advantage of to improve their personal finances.
HELOCS vs. Other Loan Options
Student Loans 101
The process of obtaining student loans can be incredibly confusing and intimidating, for both parents and students. After the loans are funded, the interest rates you pay, and repayment plans add to the complexity of student loans. In this article, we cover what you need to know about student loans before and after graduation.
What are Payday Loans?
According to a report by the Federal Reserve Board, roughly 44% of Americans don't have cash on hand to manage an unexpected $400 emergency. When an unexpected significant expense pops up, people may look to payday loans to foot the bill...
Options for Homeowners Behind on Mortgage Payments
Many people experience financial difficulty at some point in their life, which may result in a missed mortgage payment or two. Unfortunately, when homeowners fall on tough times, remaining delinquent on their mortgage payment can result in losing your home, also known as a foreclosure…
Home Mortgages 101
A home is the largest purchase that most people will make in their lifetime. It’s important to understand how mortgages work to find the right type of mortgage to purchase or refinance a home. Here are some important facts to know about mortgages as you prepare to purchase or refinance a home….
How Businesses Use a Line of Credit
Businesses, just like consumers, have the ability to apply for and use credit. In fact, most businesses have some form of a business line of credit, whether that be a long-term loan or a business credit card.
Improving Your Home's Value
Your home is one of the biggest investments you’ll make in your lifetime. Learn how to improve the value of your home without burning through your cash reserves.
Four Things to Know About Student Loans
If you are a senior graduating from high school or a parent of a soon-to-be grad, you are likely in decision mode reviewing higher education options and financial aid award letters. You have options available to help you fund higher education dreams.
Tips for Reducing Consumer Debt
Whether you are living within your means or have overextended yourself financially, a debt reduction plan is one way to put your income to work, pay less interest and see your balances start to shrink.
Knowing When to Refinance Your Mortgage
A mortgage refinance is a great tool to help you grow and preserve the equity in your home. Knowing when to start the process is an important step. Review these scenarios where a mortgage refinance may be the right move.