January is a great time to ask your lender about decreasing the interest rates on your existing debts.

January is a great time to ask your lender about decreasing the interest rates on your existing debts.

Peninsula Credit Union offers big benefits amid rising inflation + interest rates

Community-focused approach helps members find place of greater financial well-being

As we step into the new year, now is a great time to slow down and take stock of our financial situation and revisit our long-term financial goals.

But while it’s easy to feel discouraged in the current financial environment, with inflation and interest rates continuing to rise, rather than letting the cost of living weigh you down, it’s time to get more creative with where and how you spend your hard-earned money.

When we think “buy local, support local” we often think about supporting small local farms and retail businesses. We might not consider or be aware of the opportunities to support local financial institutions within our communities.

Yet supporting smaller, local credit unions is a great way to keep our money in our communities while benefiting from the “small business” mentality of a member-owned and operated financial institution. Credit unions like Peninsula Credit Union, for example, are consistently ranked as having the best member-orientated experience when compared to major national banks.

Make 2023 the year you get your financial goals on track.

Make 2023 the year you get your financial goals on track.

So while credit union members enjoy the same benefits and conveniences they‘d expect from larger national banks, they also often enjoy better interest rates, lower fees and hearing ‘Yes’ where bigger banks would say ‘No.’

“We put the residents of Jefferson County and the Olympic Peninsula first at all times because the Peninsula Credit Union is member-owned and locally operated,” explains Jim Morrell, CEO of Peninsula Credit Union. “With inflation and high interest rates combining to shrink people’s already tight budgets. we want to offer solutions to help our neighbors stretch their pay checks further while continuing to save for emergencies.”

Peninsula Credit Union offers a wide variety of products and services to help members do exactly that, including:

Locally owned and operated financial institutions like Peninsula Credit Union play a key role in making small communities resilient in unpredictable financial environments.

Don’t let current market trends discourage you from continuing to work towards your long-term financial goals – know that local, community-focused institutions like the Peninsula Credit Union are working hard to support you and your local community by providing the information, products and services needed to help everyone reach their individual financial goals.

Find more information on their website or click here to find your closest branch and make an appointment today! Also find CD rate specials available here.

The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

Sound Publishing, Inc. does not accept liability for any loss or damages caused by the use of any products, nor do we endorse any products posted in our Marketplace.

More in Local Marketplace

Dani Rice was paralyzed in a routine medical procedure: “Now thanks to WA Cares, we have more options. We both put in a little from our paychecks now, and WA Cares will pay for a home care aide, when we need one.”
You Never Know What Will Happen. WA Cares Gives Peace of Mind.

Chances are you or someone you love has experienced what it’s like… Continue reading

As a full-time student and parent of two, financing his education was the most significant barrier Jeremy Buggy faced. Thanks to PC Foundation scholarships and his own hard work, Jeremy’s nursing degree is now nearly complete.
‘Working in healthcare has already been a rewarding and fulfilling choice.’

Thanks to Foundation scholarship, nurse Jeremy Buggy will soon be helping patients on the Peninsula

With a financial checkup, your financial advisor can help you assess where you are now, where you want to be, and how you can get there. First Fed photo
Scheduling Your Annual Financial Checkup

Scheduling an annual doctor’s appointment is common practice, but your finances could… Continue reading

Jim Morrell, CEO of Peninsula Credit Union.
Peninsula Credit Union offers big benefits amid rising inflation + interest rates

Community-focused approach helps members find place of greater financial well-being

Volunteers at the Market. Photo courtesy of Port Angeles Food Bank.
Holiday Donation Match for PA Food Bank

A meal can be easy to take for granted. But in Clallam… Continue reading

Jessica Bond enrolled in the Cybersecurity and Computer Forensics Program at Peninsula College and now works in IT Support Services.
Breaking into the tech industry with Peninsula College

By Jessica Bond After my husband and I got married in June… Continue reading

The experts at Kristin Manwaring Insurance have tips and guidance to help you choose the health insurance plan that’s right for you.
Choosing the right health insurance plan made easy + tips on important changes

Port Townsend team of insurance experts has your best interest at heart

First Fed-PiggyBank. Stock photo
The Gift of Savings: Smart money habits 4 kids

Enjoy a bonus welcome gift when you open a kids savings account this holiday season

Laurel Place is hosting a grand re-opening on Nov. 19 to celebrate the completed construction of their Memory Care wing. Visit for refreshments, raffle prizes and complimentary tours!
A Caring Place place to call home, right here in Port Angeles

When living at home is no longer an option, come home to a Caring Place

With over 84 years experience, the team at Kristin Manwaring Insurance is committed to their clients and the community.
When it’s time for insurance, remember the ‘Three Es’

Choosing the right insurance can be extremely complex: How do you enroll?… Continue reading

Photo by Elisa Laverty, grand prize winner of the Proudly PNW photo contest. Photo courtesy First Fed
New PNW Song Contest plus Photo Winners

Each year, First Fed holds a photo contest to celebrate the beauty… Continue reading