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NuMark ranks among top 200 credit unions in America
Jul 18, 2016 11:35 AM
NuMark Credit Union has been ranked one of the top 200 Credit Unions in America for its excellent financial health by DepositAccounts.com.
Why don't millennials contribute to IRAs? They say they don't understand them
Jul 17, 2016 7:10 AM
Individual Retirement Accounts can be an important part of your retirement plan, especially if you don't have an employer-sponsored 401(k) or 403(b). But the fifth annual TIAA IRA survey indicates that a surprising number of people don't understand them, especially millennials. And of those who do understand them, many say they simply cannot afford to save another dime.
Elk Grove executive convicted of defrauding investors
By Anna Marie Kukec
Jul 11, 2016 4:45 PM
An Elk Grove Village executive on Monday was convicted of defrauding about 200 investors out of $9 million after he claimed his company made Homeland Security and food safety products and had contracts for business.
How millionaires under 40 manage their money
Jul 10, 2016 7:12 AM
Alas, there are some people who are lucky enough to be both young and rich. And a report released last month by Capgemini Consulting showed some interesting trends in the strategies young millionaires use to manage their money.
Wintrust to acquire First Community Financial
Jul 7, 2016 9:38 AM
Wintrust Financial Corp. said it will acquire First Community Financial Corp., the parent company of First Community Bank, in a transaction valued at approximately $30.3 million.
Discover named a best workplace for millennials
Jul 6, 2016 10:01 AM
Fortune magazine has ranked Discover 68th on its 2016 list of the 100 Best Workplaces for Millennials, based on surveys of more than 88,000 millennials at 600 organizations.
When it's okay to let your credit score slip a little
Jul 3, 2016 7:16 AM
If you have good credit, should you still be sweating your credit score? As is often the case when it comes to money issues, the answer is: It depends. Your credit can come into play in less obvious ways even if you are not applying for any loans.
A $12B fund beats all peers picking stocks once a year
Jul 3, 2016 7:14 AM
Timothy Pettee is beating all of his stock picking rivals without spending a lot of time picking stocks. Pettee, who runs the $11.5 billion SunAmerica Focused Dividend Strategy Portfolio, selects 30 stocks only once a year using a quantitative model that does the heavy lifting.
Employers can help women close the retirement gap
Jul 3, 2016 7:17 AM
Five of six women are not saving enough for retirement, according to the latest research from Aon Hewitt. But employers can and should take steps to help women close the gap,
Millennials are pretty cocky about their investing skills
Jul 3, 2016 7:18 AM
A new survey found millennials were more positive about the future than their parents when it came to investments. They also think themselves far more knowledgeable about how to manage money, which, as anyone will tell you, might translate into behavior that leads to bad financial outcomes.
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