What is compounding interest? An intro to interest is the money your financial institution pays you to store your money in a savings or retirement account. There are two types: simple and compound.
What is a loan-to-value ratio? A loan-to-value (LTV) ratio is an expression of the amount of your loan as a total percentage of the value of the purchased asset. Check out our handy infographic in this article.
At OCCU, our vision is to enrich lives. We are people helping people, after all. And, we see that every day as people reach their financial goals and support local businesses. Together, we’re building happier and healthier communities. Together, we
