Official Credit Union of UMass Athletics

Official Credit Union of UMass Athletics

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Posts tagged “News”

Buzz Points Program Updates in Effect

By Andrea Onyski.

As we start the New Year, it’s a good opportunity to reflect on our purpose and renew our focus on what drives us every day. For UMassFive and the Buzz Points Team, our goal is to continue to provide a best-in-class local rewards program by making...

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Annual Market Review 2017

By Andrea Onyski.

The year 2017 was eventful, to say the least. President Trump and Congress tried, without success, to repeal the Affordable Care Act, known as Obamacare. However, the new year-end tax law included the elimination of the individual health insurance mandate. The U.S. economy started slowly but picked up steam as the year progressed. Ten years after its onset, the financial crisis officially came to an end in 2017. The gross domestic product expanded at an annual rate of 3.2% in the third quarter.

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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