Official Credit Union of UMass Athletics

Official Credit Union of UMass Athletics

Blog

Blog

Archive for March 2016

Market Month February 2016

By Craig Boivin.

Following steep declines in January and a rocky start to February, equities rebounded by the end of the month to finish close to their ending values from the prior month. The Dow actually finished up, gaining a little over 50 points by February's market close. Each of the indexes listed here remained in negative territory for 2016, with the Russell 2000 and Nasdaq each down almost 9.0%. Investors may be feeling a little more confident in the U.S. economy despite global economic instability, as several domestic economic indicators have been favorable, including manufacturing, inflation, consumer spending, and the GDP.

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. 

Read more

Consider a Farm Share!

By Cait Murray.

Every summer, I listen to my co-workers and friends talking about the delicious meals they’re making from the items they received through their farm shares. A farm share, also known as CSA (Community Sustained Agriculture), is an agreement between individuals or families and farmers. People buy into the farm as members at the start of the growing season (usually fall or winter), and in exchange receive a weekly share of the farm's harvest. In addition to veggies, some farm shares offer meat, eggs, milk, or even flowers. Farm fresh food all season? Sounds good to me!

Read more | Comments