Posts tagged banking basics

Credit Union vs. Bank What’s the Difference—and Why It Matters

Katelynn RoweJanuary 12, 2026Signet Federal Credit Unioncredit union vs bank, difference between credit unions and banks, credit union benefits, member-owned financial institution, people first banking, community banking, choosing a credit union, credit union education, banking basics, financial education, Signet Federal Credit Union, why choose a credit union, local banking, not-for-profit banking

What to Expect When Opening Your First Account

Katelynn RoweJanuary 12, 2026opening your first account, first bank account, how to open a checking account, new account basics, banking for beginners, credit union membership, what you need to open an account, financial education, banking basics, Signet Federal Credit Union, joining a credit union, first time banking, account opening guide

Why Deposits Sometimes Have Holds and What That Means for Your Money

Katelynn RoweJanuary 12, 2026deposit holds, why funds are not available, deposit hold explanation, fund availability, mobile deposit holds, check deposit processing, banking basics, pending deposits, available balance vs current balance, financial education, Signet Federal Credit Union, deposit processing time

How Deposits & Withdrawals Are Processed and Why Timing Matters

Katelynn RoweJanuary 12, 2026deposit processing, withdrawal processing, banking transaction timing, pending vs posted transactions, available balance, fund availability, mobile deposit timing, ACH processing, banking basics, financial education, Signet Federal Credit Union, understanding bank transactions

Pending vs. Posted Transactions: What the Difference Means for Your Account

Katelynn RoweJanuary 12, 2026pending transactions, posted transactions, pending vs posted, available balance, current balance, debit card transactions, transaction processing, banking basics, mobile banking education, financial education, Signet Federal Credit Union, understanding bank transactions

Why We Ask for ID: Even When We Know You

Katelynn RoweJanuary 12, 2026ID requirements, why banks ask for ID, teller line policies, in-branch banking, identity verification, banking safety, member experience, banking basics, financial education, Signet Federal Credit Union, fraud prevention, account verification

We're Not a Bank...We're a Credit Union!

At Signet Federal Credit Union, we take the security and safety of our members' funds very seriously. We are proud to be protected by the National Credit Union Administration (NCUA), which provides federal insurance on deposits up to $250,000 per individual depositor. Our members can have peace of mind knowing that their money is safe and secure at our credit union, and that we are committed to keeping your funds within our community.