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Building a stronger financial future [1]

['Special To El Paso Matters', 'Learn More About Raiz Federal Credit Union', 'El Paso Matters', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width']

Date: 2024-10-31

Your financial journey is unique, shaped by the goals and priorities you’ve worked hard to establish. With that foundation, it’s natural to start thinking about how to protect and grow what you’ve built. Finding the right balance between growth and security is key, and it can be simpler than you think.

Wondering how to stay flexible in today’s market? Regularly reassessing your portfolio is key to making the most of new opportunities, even when interest rates fluctuate. By adjusting funds toward more stable investments or exploring new avenues for growth, you can ensure your financial plan stays on track in an ever-changing market.

With the right tools, you can find a balance between growth and safety. For instance, high-yield savings accounts offer access to your funds while allowing them to grow. The Federal Deposit Insurance Corporation (FDIC) reports that high-yield savings accounts can offer over 10 times the interest of traditional savings accounts, making them an attractive option for short-term financial goals. On the other hand, share certificates provide consistent and reliable returns, ideal if you’re looking to build stability over time without the uncertainty of market fluctuations.

Navigating major financial decisions — whether they involve big purchases, saving for retirement, or other long-term investments — requires careful planning. Raiz Federal Credit Union offers personalized guidance through our Certified Credit Union Financial Counselors (CCUFC) to provide members with one-on-one financial counseling. Navigating your financial path is made easier with a knowledgeable expert by your side.

Even seasoned investors looking to take their retirement planning, estate management, or wealth management to the next level can benefit from meeting with a financial advisor. Mammoth Rock Investments, a wholly owned subsidiary from Raiz Federal Credit Union, has financial advisors who adhere to a fiduciary standard, meaning they are legally and ethically obligated to act in the best interests of their clients. The financial advisors at Mammoth Rock Investments not only provide suitable advice but also uphold a duty of loyalty to avoid conflicts of interest, a duty of care to offer unbiased recommendations, and a duty to disclose accurate information about fees, compensation, and other details that may impact decision-making. It’s personalized guidance tailored to your needs, so you’re not making these big decisions alone.

Building financial security over the long term means staying consistent with your savings and making choices that support your future goals. By keeping your savings protected, you’re setting yourself up for a more secure retirement. With over $1 billion in assets, Raiz provides its members with a solid foundation and federal insurance up to $250,000 so you can grow your wealth with peace of mind.

As you refine your financial strategy, consider options like high-yield savings accounts for immediate goals and certificates for steady, reliable returns. Raiz Premier Savings Accounts combine accessibility with growth potential, allowing you to maintain flexibility while maximizing returns. It’s ideal for those who want to stay adaptable without sacrificing the potential for growth.

For daily needs, Raiz Premier Checking Accounts provide a convenient way to manage funds while taking advantage of high-balance benefits. With an account like this, even your day-to-day spending contributes to your financial growth. And if you’re looking for steady returns with minimal risk, Raiz Jumbo Share Certificates are designed for those who want both security and growth while also offering competitive rates — 5.01% APY* for a 3-month term and 5.18% APY* for a 6-month term.

Managing your finances goes beyond growth; it’s about building a future you can rely on. Raiz Federal Credit Union is here to guide you at every stage, offering the expertise and support you need to make the right choices for your financial well-being.

Ready to take control of your financial future? Open your Raiz account today and start watching your money grow. Visit www.raiz.us to get started or schedule an appointment with one of our financial experts.

*APY = Annual Percentage Yield. Must meet membership eligibility. Rates are in effect until further notice and are subject to change at any time. Rate applies to new deposits only. Minimum deposit to earn stated promotional rates is $100,000. Share certificate dividends are paid and compounded monthly. Early withdrawal penalty fees may apply. Fees may reduce earnings. Federally insured by NCUA.

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