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The Math You Should Consider Before Signing on an Auto Loan

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Buying a car is a big deal. You know you should shop around when you’re looking for a new car, but when you’ve found the right one, do you stop to consider if the deal you’re getting on your auto loan is also right for you? At UMassFive, we’re happy
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Q1 Security Spotlight

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How we protect your information — UMassFive uses a special encryption for Internet activity that involves the exchange of sensitive information. Encrypted services include Online Banking, Mobile Banking, Bill Pay,and applications for lending and
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Taking Advantage of Your Meal Plan

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As college students, we’re lucky to have access to the dining halls. After college, when will you ever have access to all you can eat buffets every day until midnight? If you think your meal plan is too big, start using it more. You can swipe into
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Reduce Credit Card Debt: Pay Bi-weekly

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The sooner you make a payment to a credit card company, the less interest you'll pay. And you'll save more in interest charges by making a payment days or weeks early. Federal law requires credit card companies to process payments the day they arrive
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Home-Repair and Remodeling Blunders to Avoid

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You can get taken when you try to get your house fixed. The good news is that you can screen out many problems by heeding some common-sense precautions. Don't blindly take the lowest bid. Low bidders may be offering a great deal. Or, they might be
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Why EMV Contactless Card Payments are Secure

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There have been many articles written, and much debate, about the security of EMV contactless card payments, and here at UMassFive we're looking to set the record straight. For starters, let's breakdown what an EMV card is. EMV stands for Europay,
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Get These Things Out Of Your Purse Or Wallet Now!

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Your wallet can become a lot like a junk drawer you carry around. It’s cluttered with loyalty cards, coupons, cash, checks, store credit cards, credit cards for gas, credit cards for everyday purchases and a host of identification cards. That much
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All the Ways to Pay!

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We wanted to take a moment to go over all the ways that you can conveniently pay your loans at UMassFive! The easiest way to pay your UMassFive loan is to pay with funds in your UMassFive savings or checking account. If the funds for your payment are
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What's Your Home Worth?

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Knowing your home's value can help if you decide to sell, and it can be useful if you're thinking of borrowing against the equity in your home. Here are some methods to help get an accurate idea of what your home is worth: Basic data. If you're
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What Qualifies as a Qualifying event for IRA Withdrawals?

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According to the IRS , you can take a distribution from an IRA at any time. Unfortunately, unless it is qualified, you will be subject to a 10% additional tax and will be includible in taxable income. While there is a long list of qualified
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