Welcome to Diamond Credit Union's Out & About and Newsworthy section. Here you will find the latest articles, announcements, and press releases, as well as insights, useful information, resources, tips and guides on financial matters which individuals, students, families, and businesses encounter.

 

Hospital Branch Helped N3S Oncology

Diamond Credit Union’s Tower Health Reading Hospital branch helped the N3S Oncology Department through Diamond Cares, its annual drive. The branch, like N3S Oncology has a home on Reading Hospital’s campus, and raised funds and collected items for their neighbors. Dozens of items were donated. Included were: blankets, socks, coffee, soda, snacks, and a variety … Continue Reading

Identity Theft and Fraud Spike After Natural Disasters

The hurricane is over, but unimaginable damage can be left in the wake of natural disasters. You see haunting images on television and want to help the victims. Suddenly, the phone rings and “someone” from a well-recognized charity asks if you would donate to hurricane relief. Later, you find out that you gave your money … Continue Reading

Financial Reality Fairs Visit Spring-Ford and Other High Schools

Diamond and other area credit unions held Financial Reality Fairs at Spring-Ford and eight additional high schools during the 2018-19 school year. Staff members, who hold a wide variety of positions at the participating credit unions, went to each school and provided valuable one-on-one coaching to the students. The credit unions come together to educate … Continue Reading

How to Work with a Financial Advisor

A flurry of new investment products, the emergence of global investing, the shift from company-funded pension plans to employee-driven retirement plans (like 401(k) plans), and uncertainty about Social Security have all contributed to the increased need for qualified financial advice. No matter what your level of investment experience or sophistication, you may benefit from developing … Continue Reading

How to Budget for a House You Can Afford

You can read article after article full of first-time home buyer tips, and the most important message in each and every one is to budget for a house you can afford. In theory, it’s simple advice, but it may leave you wondering, “How much house can I afford?” How can you make a financially-responsible choice … Continue Reading

Diamond One of Fastest Growing Businesses

The Greater Reading Chamber Alliance honored Diamond Credit Union as one of its Top 50 fastest growing businesses in the area. Diamond received the honor at the Greater Reading Chamber Alliance’s annual awards dinner on May 30. Diamond Credit Union board members and staff pose with the Greater Reading Chamber Alliance’s award for ranking among … Continue Reading

Outsourcing Business Finances Helps Small Business Grow

Many questions arise when handling business finances and tax preparation, so consider outsourcing your business finances. Unlike personal taxes, small business taxes are a year-round process. While most individuals are celebrating the end of tax season, as a business owner there is always more work to do! You started your business because you had a … Continue Reading

Diamond, Royals Team Up to Help Charitable Organizations

Diamond Credit Union and the Reading Royals Hockey Club teamed up to give nearly $3,000 to 12 charitable organizations during the 2018-2019 season. The donations were earned through the two long-time partners 5th annual Shoot for Commyounity contest. At every Saturday Royals home game, on the ice between the second and third periods, a representative … Continue Reading

Am I Saving Too Much Money in My Savings Account?

We’ve all heard the statistics about people not having enough savings to cover unexpected emergencies that may occur. But, we don’t hear as much about people who are in the opposite position — too much money in their savings account. While it’s not exactly a bad problem, saving too much money in a savings account … Continue Reading

Golf Tournament Raises $31K to Fight Cancer

The 15th Annual Diamond Credit Union Charity Golf Invitational was a huge success despite little cooperation from Mother Nature. Golfers, sponsors, and staff shrugged off strong storms to raise $31,000 on Friday, May 10, 2019 at Golden Oaks Golf Club in Fleetwood, Pa. The tournament benefited the American Cancer Society. John Faust (center), President/CEO of … Continue Reading

The views, opinions, and ideas articulated in this blog are just that, and should not be construed as financial or legal advice. The writers of these blogs are educated on the topics they are writing about, but they are in no way licensed financial advisors or registered investment advisors. Diamond Credit Union is not responsible for any actions a person may take as a result of the information they read in one of our blogs.