One of the most common dilemmas in personal finance is determining when to save and when to invest. While both are essential for financial security and growth, understanding the differences… Read More
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Stay educated and up-to-date! Weekly posts with insights and links to resources, tips, and guides on financial matters which individuals, students, families, and businesses encounter as well as the latest announcements and press releases from Diamond.
Safeguarding your business against fraud is important, particularly if your business accepts credit cards either at the counter or online. While credit card fraud may always be a concern, i… Read More
Photo: Diamond Credit Union and Adalyn Rose Foundation volunteers at the starting line of the Duck Derby on Sunday, August 25 in the Schuylkill River by Jim Dietrich Park in Muhlenberg Town… Read More
When considering investment options, share certificates from credit unions often come up as a safe and reliable choice. Share certificates are the credit union equivalent of bank certificat… Read More
When you’re ready to pay off debt, it might seem daunting. It’s entirely possible with the right strategies and mindset. Whether you’re dealing with student loans, credit… Read More
When you begin hiring staff for the first time, it’s important to start off properly. This sets you up for success as an employer now and in the future. In addition to hiring the righ… Read More
Paying your mortgage off faster can save you a significant amount of money in interest and free up your finances for other goals. Here are some strategies to help you do just that.
1. Make… Read More
Contactless payment options attract customers because of their efficiency and convenience, saving you time and helping drive up productivity. Each contactless transaction makes it easier fo… Read More
The Diamond Credit Union Team volunteered their time to support several community organizations within the last few months. Some of those include Relay For Life, KidsPeace Foster Care of Rea… Read More
Your 40s mark a pivotal decade in your financial journey. With an average retirement age being between 62-64, it’s a time to accelerate your wealth accumulation with an eye toward fin… Read More
The average monthly payment for a new car in 2024 is $735 and the average payment for a used car is $523. This doesn’t reflect the true cost of owning a car. In fact, for most people… Read More
Navigating the world of auto financing can be daunting, especially for first-time buyers. This guide aims to simplify the process, covering topics like leasing versus buying, financing auto… Read More
Working capital is the cash you have each month to cover any expenses. If your overheads are $100,000 a month, and you want three months in advance at all times, then your working capital r… Read More
Certificates of Deposit (CDs) and share certificates are popular investment options for individuals seeking a low-risk way to grow their savings. Credit Unions offer share certificates, whi… Read More
Build an emergency fund so that you can have peace of mind when it comes to your finances. An emergency fund is cash that can be easily accessed, that you only use in case of emergencies. T… Read More
There are quite a few different types of mortgage loans for you to choose from and knowing which one is best for your situation can be overwhelming.
This guide will provide insight in… Read More
When your business is under financial pressure, raising cash quickly may be your option to keep your business running.
As a cash flow crisis can be stressful when it happens, you may need t… Read More
Thinking about your finances can be overwhelming. Then to take the next step and set up a budget might send you into a spiral. Diamond Credit Union’s team of certified HERO Financial… Read More
Part of owning a business may be managing your business debt, and keeping track of what is owed to you. One of the most important rules for a successful business is to swiftly collect… Read More
Photo (Above): Diamond Credit Union’s Muhlenberg Branch Manager, Jillian Laureano, presented the Muhlenberg High School Scholarship recipient, Nathan Ramkissoon, with his scholarship… Read More
How to Protect Your Vacation Money for the Best Trip
The days are longer and the temperatures are rising. It can only mean one thing… it’s time for summer vacation. In 2023, 85… Read More
Teaching kids how to save money is difficult, especially when there are so many temptations to buy everything they lay eyes on. If you can find a way to encourage your children to save and h… Read More
Photo: Diamond CU President/CEO, Rick Patel, Diamond CU Chairman of the Board, Pat Austin being presented the Top 50 Businesses award by Greater Reading Camber Alliance President/CEO, Lucin… Read More
Photo (Above): Diamond Credit Union employees and volunteers handing the $56,000 donation to Relay For Life at the John M. Faust Charity Golf Invitational on Friday, May 17, at Golden Oaks… Read More
Photo: Diamond Credit Union, along with Habitat for Humanity, delivered the handmade mini-playhouse to the grand prize raffle winner, Desiree Myers on May 4, 2024. L-R on the ground: Doug L… Read More
Research suggests that a significant number of businesses each year are victims of payment fraud, and that they have suffered cash losses as a direct result.
As well as the monetary impact… Read More
Insurance can be something that’s put at the bottom of your to-do list. When you first think about getting insurance, you may be thinking about loads of paperwork and high payments. W… Read More
Photo (Left to Right): Diamond Credit Union’s Retail Delivery Manager, Andrea Sawchuk Moyer; Senior Vice President and Chief Member Experience Officer, Todd Rothenberger: and Vice Pre… Read More
Have you heard of “buy now, pay later” (BNPL) financing? Forty percent of Americans have used BNPL services at one point, and BNPL accounted for $24 billion in U.S. spending in… Read More
Diamond Credit Union’s Cumru Township branch, located at 1030 Cedar Top Road in Reading, Pa 19607, will be officially open for members and those interested in joining on Monda… Read More
Whether you need to purchase a vehicle, machinery, or larger premises to expand your business and operate more effectively, there is at times a question to answer. Lease or buy?
In a nutshe… Read More
If you want to purchase a motorcycle and are looking for financing options, Diamond Credit Union can prepare you to apply for a motorcycle loan. The first thing to know is the process is no… Read More
The Diamond Credit Union Team had many opportunities to impact local community organizations in the beginning of 2024. Employees served meals to the homeless, held collection drives, and vol… Read More
Our team is excited to share our top ten money-saving tips for you and your home. Whether you’re looking to make a big purchase, save for vacation, or set your future self up for succ… Read More
Asset financing may be necessary if you need expensive tools and machinery for your business. Asset finance allows you to acquire or use assets without having to pay in full upfront. It giv… Read More
Photo: Diamond Credit Union’s Cumru Branch Manager, Cori Coleman.
Diamond Credit Union has named Cori Coleman as the Branch Manager of the new Cumru location that is set to open in A… Read More
You probably lock your front door and your car, but what about your mobile phone? Well, if you aren’t doing it now, you should start taking your mobile device security seriously. Your… Read More
As the excitement of purchasing a new car starts to wear off, you may be wondering, how should I protect myself and my car from future accidents or damages?
This guide will outline th… Read More
You might find yourself needing to justify your business pricing to your customers, and then being pressured to think, “I’ll give a discount or match the competition to get the… Read More
You may need to raise funds at some point to grow your business.
The first task is figuring out how much you need, and what it’s for. For example, you could be aiming to increase cap… Read More
When it comes to mobile device security, taking the proper safety precautions while online or using social media is typically the first line of defense. This has become more important than… Read More
If you have a Diamond Visa Platinum Rewards credit card, the rewards points that you earn can be used towards your next vacation.
Diamond Credit Union partners with CURewards, a credit card… Read More
Most business owners seek to increase their business profit year to year. Here are five cumulative ways you can look to increase your bottom line.
1. Increase Your Leads
First, build… Read More
You can use your home equity for more than home improvement projects. Home equity is the difference between what you owe on your mortgage and what your home is currently worth. You can use… Read More
Valentine’s Day is when many people’s thoughts naturally turn to love. They want to feel they are special to someone. Unfortunately, that desire is one romance scammers count on… Read More
A business can survive for a short time without sales or profits. But your business needs cash to pay bills and to continue operating. Since cash flow issues can cripple a business, the mor… Read More
When you think of a financial institution, many things might come to mind. Do you view it as where you deposit your paychecks? Maybe you see it as where you make your loan payments. When you… Read More
Diamond Credit Union’s Business Services Team presented to attendees of the YW3CA’s Women’s Empowerment 360 Program on December 11 to teach them about obtaining a small bus… Read More
Collaborating and partnering with other businesses to pursue common goals is growing in popularity as a smart way to increase capability, share resources, costs and risks. The internet, sub… Read More
It’s a common misconception that credit unions and banks can be used interchangeably. However, some key differences mean these two terms should not be synonymous.
After reading… Read More
