In today's rapidly changing economic landscape, having financial literacy has become an essential skill for individuals seeking to make informed decisions and secure their financial well-being. To address this growing need, we proudly present MIDFLORIDA Money Minute, an innovative financial literacy eLearning platform designed to empower individuals of all ages, from teens to seniors, by providing them with valuable financial education and resources.

It is no secret that insurance companies take many different factors into account when deciding how much to charge someone for their premium, including their credit score. Some people might be surprised to find out that their credit score could be one of the reasons why their insurance rates are so high, while others might not be surprised at all.

BauerFinancial ratings explained.

After a few bank collapses earlier in the year you may have starting seeing stars - not Orion’s Belt or another constellation but rather the BauerFinancial™ Star-Rating. So what should you see in the stars? 

As a Florida resident and a credit union member, it is crucial to be prepared for hurricane season. Failure to prepare for potential hurricane damage can lead to expensive and stressful property damage. However, with proper preparation, you can ensure your safety and peace of mind during a storm.

An investment strategy that is regaining popularity among savvy savers is deposit laddering. This financial strategy allows you to take advantage of higher rates while still maintaining varying intervals of accessibility to your funds. Keep reading to learn how it works.

- Vanessa Hernandez, Chief Retail Officer

Creating a personal budget can be overwhelming, especially when you're just starting. But it doesn't have to be. With the proper guidance and a little effort, you can create a budget that works for you and your financial goals. Here are seven tips to help you start your budgeting journey.

A credit union is briefly described as a financial institution controlled and owned by its members. These types of institutions offer plenty of products and services to manage your finances while providing additional products, such as personal loans. Credit unions act as smart alternatives to banks when it comes to entrusting an organization to manage your finances.

To paint a bigger picture, we've outlined below what makes up a credit union and some of the benefits that come with them.

Credit unions are financial institutions, like banks, that offer a broad range of financial solutions for their customers. But, unlike banks, credit unions are cooperative institutions, owned by their members. They're not-for-profits, providing a secure place to save and offering reasonable rates.

Over the next few weeks, many will have the opportunity to share moments with friends and family during the holiday season. In the right circumstances, the holidays can provide the perfect opportunity for relaxed conversation surrounding the legacy you and your loved ones will leave behind. While keeping the details light, you can discuss how loved ones intend to accomplish their plans for the future, and how you can help ensure their plans are fulfilled.

You’ve got questions and Kit has answers! Who’s Kit? MIDFLORIDA’s new, specially programmed chat bot that answers questions about all things MIDFLORIDA.