Diamond Named 2018 Best of Berks

Diamond Credit Union has been named “2018 Best of Berks – Financial Institution” by Berks County Living in the magazine’s annual year-end “Best of Berks” edition. This is the first time Diamond has received the honor which is determined through votes by readership and the community. Diamond is the first credit union to be honored. L-R: … Continue Reading

Ransomware Threat Level Rising: Businesses Vulnerable

Simple tools. Ominous results. Ransomware threat level rising. Ambitious cyber criminals launched devastating ransomware attacks in 2017, taking in billions of dollars and disrupting businesses around the world. As ransomware becomes a more lucrative tool for criminals, things could get much worse. Cyber attacks doubled in the first half of 2017 and damage costs are … Continue Reading

Small Business Outsourcing: How to Find Reliable Partners

  In our previous small business outsourcing blog and Part 1 of our two-part event “Building a Team of Experts”, we discussed the importance of finding external partners to handle the areas of your business where you are not an expert. We identified the 6 key roles most small businesses turn to for outsourcing: banking, … Continue Reading

Small Business Outsourcing: Building a Team of Experts

Running a small business involves a lot of tasks that aren’t associated with the core goal of growing your business. Although they are crucial, handling these responsibilities on your own can be time-consuming and take your focus away from why you started your business in the first place. Rather than spreading your time and talents … Continue Reading

5 Ways Small Business Benefits from a Credit Union

The small business benefits of local credit union are worthy of consideration. In a recent Raddon Research study, business owners were asked about the attributes they look for when choosing a primary financial institutions (PFI). At the top of the list were level of service, convenient locations and hours, and online banking technology. They also … Continue Reading

Separate Your Personal and Business Expenses – With One Exception

As a business owner, a piece of advice you’ll hear again and again from financial experts is to separate your personal and business expenses and finances. Dedicated business checking accounts and credit cards make record keeping easier and can be a life-saver when filing your taxes. Dedicated business accounts also go a long way in … Continue Reading

Should I Purchase Commercial Real Estate For My Growing Business?

As a small business owner, whether you build websites, design jewelry, do bookkeeping, or jar your own tomato sauce, you will eventually face an important decision about the future of your business. Are ready to move your business from an at-home operation to a specialized office, manufacturing, or retail space? And are you better off … Continue Reading

Promoting Your Business

If you’re the owner of a small- to medium-sized business, you may find yourself searching for the best methods of promoting your business. Diamond’s Business Services Manager, Phil Fry, offered his advice on four of the most commonly asked questions regarding business promotion. How Important is Brand Identity? Brand identity is one of the most … Continue Reading

Phil Fry, Business Services Manager at Diamond Credit Union, Receives Exclusive Business Lending Certification

Diamond Credit Union is proud to announce that Phil Fry, Manager of the Business Services Division at Diamond Credit Union, has received the CUES Certificate of Business Lending. CUES is an international membership association focused 100% on credit union talent development. Successful completion of this program at the CUES School of Business Lending, is a … Continue Reading

Should Small Business Owners Turn To Alternative Lending?

When it comes to your personal finances, you might be familiar with names like Lending Tree or Rocket Mortgage, websites where you can quickly fill out an application and be approved for a loan in record time. These websites are part of a growing trend called “fintech” (financial technology) or alternate lending. But it’s not … Continue Reading

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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.