The second quarter provided a bumpy ride for investors. Following the upheaval caused by the Brexit vote in June, July kicked off the third quarter by ending the month in favorable fashion, as each of the indexes listed here posted month-to-month gains, led by the Russell 2000 (5.90%) and the Nasdaq (6.60%). Stocks held their own for July, despite falling energy shares, as crude oil prices (WTI) sank from around $49 per barrel to under $42 by the close of July. As money moved into equities, bond yields remained on the low side as the yield on 10-year Treasuries remained below 1.60%, closing July at just about where it started at 1.45%.
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.
Our Northampton Branch has moved to our new location at 225 King Street.
Remember, our new stand alone building is right next door to our previous Potpourri Plaza branch location! While the new branch itself is up and running, there are some imp...
October 17 through October 21 is Member Appreciation Week at the Credit Union, including International Credit Union (ICU Day) on Thursday, October 20. During this week, we take time to celebrate the authentic difference of credit unions, whi...
UMassFive College Federal Credit Union staff have raised over $12,500 in 2016 through their participation in the 18th Annual UMass Medicine Cancer Walk and Run. All funds are donated directly to the UMass Medicine Cancer Center, which supports cancer research trials and patient care in Central Massachusetts.
Studies show that eating out for lunch can cost between $1,500 and $2,500 per year. However, with some planning, you can spend as little as $5 per brown-bag lunch. Five meals a week, times $5 per meal, times 48 working weeks equals only $1,200, adding $1,300 to your year. Interested? Here are three tips to jump-start your new lunch habit!