An Individual Retirement Account (IRA) is a form of retirement plan that provides many tax advantages for retirement savings. There are 2 main types of IRAs: Traditional IRA – You make contributions with money you may be able to deduct on your tax return, and any earnings can potentially grow tax deferred until you withdraw…

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Westport Federal Credit Union has partnered with Sallie Mae to help you get the education you deserve. Whether you’re an undergraduate, graduate, or parent – we have options to meet your specific needs. Take advantage of our student loans that offer competitive interest rates, no origination fee or prepayment penalties, and offers multiple repayment options.…

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With businesses opening back up again, now is the time to start thinking about buying that new car. For the past few months, car dealerships have struggled to sell their inventory which has led to a high supply. Negotiating a lower price may be in your favor as car salesman are looking to sell off…

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COVID-19 has hit the world hard. With over 1,300,000 cases in the US and counting, the public has been in quarantine for approximately two months and is now being urged to take caution while states are beginning to open back up again. In the meantime, it is important to make sure you and your finances are…

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Small business owners, Westport Federal Credit Union wants to spotlight you! You’ll have the opportunity to be featured on our Facebook, Linkedin, Twitter, and Instagram accounts along with a blog post on our website. This is a free service to new and current members to help you spotlight your small business during these difficult times.…

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