Official Credit Union of UMass Athletics

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Archive for July 2015

UMassFive Hires Manager of Member Outreach

By Craig Boivin.

UMassFive is pleased to announce Cait Moore as the new Manager of Member Outreach. Cait will be responsible for member development and maintaining positive relationships with the Credit Union’s sponsor groups, who make up UMassFive’s field of me...

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Quarterly Market Review: April-June 2015

By Craig Boivin.

As winter weather finally lost its chokehold on the U.S. economy, investors grew increasingly comfortable with the Federal Reserve's slow-and-steady approach to determine when to raise short-term interest rates. Historic closes were reached by the large-cap Dow (18351) and S&P 500 (2134), while the small-cap Nasdaq (5164) and Russell 2000 (1296) also reached all-time highs during the second quarter. Unfortunately, those gains were all but wiped out as the financial crisis in Greece affected markets domestically and around the world. Both the Dow and S&P 500 lost 0.88 points and 0.23 points respectively compared to the end of the first quarter. The Nasdaq and Russell 2000 still finished ahead of last quarter, but not by much.

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. UMassFive College Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. 

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5 Money-Saving tips for Vacation

By Sean Capaloff-Jones.

Some people are natural planners and will always hunt for the best deal. If you are going on vacation with one of these people (or if you are one of these people), then your job is probably going to be a lot easier. Still, there are some things th...

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