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How to Protect Your Money and Watch it Grow | Ep. 10
Manage episode 407761201 series 3560072
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Is your money protected? With all the recent bank failures, that’s an important question to ask. In this episode of the Pocket Change Podcast, Shea and Mary Helen sit down with Seth Rudd, CFO at Leaders Credit Union, to discuss "How to protect your money and watch it grow." Not only do they discuss FDIC and NCUA insurance, they also examine the best accounts to help you grow their hard earned money. Put your trust in a financial institution that has safeguards in place to protect your money, minimize your risk, and maximize your rewards.
Highlights:
2:27-2:47 – No one has lost a dime of federally insured money
3:55-4:47 – Are Credit Unions federally insured?
6:49-7:33 - Is Leaders Credit Union safe?
7:46-8:29 - Favorite Savings account
8:56-9:32 - CDs are a great savings option
9:45-10:31 – Difference between Certificates and Money Market Accounts
10:57-12:10 - What is CD laddering?
Products featured on this podcast
Fast Forward Savings: https://www.leaderscu.com/savings-accounts/fast-forward
Champion High-Yield Savings: https://www.leaderscu.com/savings-accounts/champion-high-yield
Certifcates: https://www.leaderscu.com/savings-accounts/term-share-certificates
Money Market Certificates: https://www.leaderscu.com/savings-accounts/money-market-certificate
The Pocket Change Podcast is presented by Leaders Credit Union. Learn more at https://www.leaderscu.com/.
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