How to Protect Your Money and Watch it Grow | Ep. 10

Pocket Change Podcast

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/.