Five Steps to Take After a Financial Disaster

As we continue into 2021, many Americans are still struggling with the aftershocks of financial disaster. Whether it’s due to a layoff, a smaller workload, medical expenses or a change in family circumstances, the financial fallout of COVID-19 continues to be devastating.

Recovering from a financial disaster, due to a pandemic or any other reason, is never easy; however, with hard work and the ability to look forward, it can be done. Here’s how.

Wayne-Westland's School Partnerships with Community Financial

Community Financial’s Westland branch opened to our members in 2018. Since then, our school partnerships within the Wayne-Westland School District have grown. Student-Run Credit Unions are offered at Wildwood and Edison Elementary Schools. We have also brought financial education to the William D. Ford Career and Tech Center, as well as John Glenn High School.

Assistant Manager/Community Relations, Mary Kerwin,
braves the cold weather to provide students the opportunity
to save their money at Wildwood Elementary.

Student-Run Credit Union Comprehensive Program Offerings  

The Student-Run Credit Union program offers many different types of financial education experiences to its school partners. In addition to bringing access to saving money at schools, financial and business presentations are offered as well as “Reality Fairs” and budgeting simulations, mock interviews, and interviewing etiquette skills. Education Partnership Coordinators are hard at work each day providing these lessons and skills to students in the Wayne-Westland School District. They’ve even found imaginative ways to engage these students during an ever-challenging pandemic!

How to Make Meals at Home Easier (and Cheaper!)

With many Americans tightening their budgets and working to stay healthy with COVID-19, meals out and restaurant purchases have become one of the first things to go. While meals at home can save hundreds of dollars a month, the switch over can feel overbearing. Grocery shopping, meal planning, prep-time, and long cooking times often feel daunting.

To ease your mind, we’ve compiled some of our favorite tips and tricks to making meals at home even easier—and cheaper to boot!

All You Need to Know About Checking Accounts

The most obvious things in life are often overlooked, and your checking account is just one of them. Most people hardly give a thought to this important account and how to best manage it effectively. We’re here to change that.

Here’s all you need to know about checking accounts:

Celebrating Black History Month in 2021

Now more than ever it’s important to celebrate and educate ourselves on the amazing diversity of the world. In honor of Black History Month, Community Financial Credit Union would like to share four little-known facts about African American history, along with some great ways to commemorate black history and culture. 

5 Reasons We Overspend (and How to Overcome Them)

We’ve all been there. Maybe it’s that I-gotta-have-it urge that overtakes us when we see a pair of designer jeans. Maybe it’s that shrug as we reach for the $6 cup of overrated coffee that says “I deserve this.” Or maybe it’s that helpless feeling as the end of the month draws near and we realize we’ve outspent our budget — again.

What makes us overspend? Let’s take a look at five common reasons and how we can overcome them.