Skypoint Federal Credit Union

Phone# 301.279.1964
Routing# 255077891

5 Ways Small Businesses Can Offset High Gas Prices

Gas inflation has broken records at a dizzying pace: In June 2022, the national average gas price hit a high of more than $5 per gallon, according to data from the U.S. Energy

4 Things Retailers Can Do to Prepare for Holiday Shoppers

Even though we’re only at the tail end of summer, retailers have already spent months gearing up for the holiday shopping season. And due to a tornado of factors

Is a Line of Credit Right for Your Business Recession Plan?

More than 90% of small-business owners are worried about experiencing an economic recession over the next 12 months, according to a June 2022 Goldman

7 New Details on How Student Loan Cancellation Will Actually Work

President Biden’s highly anticipated federal student loan cancellation announcement last month created as many questions as it answered, prompting at least one

3 Tips for Getting a Business Loan to Deal With Inflation

Small-business owners have spent years trying to combat the effects of the COVID-19 pandemic, and now inflation has thrown a wrench into the progress of recovery. Four out of

What Student Loan Cancellation Could Mean for Your Budget

The Biden administration announced plans for federal student loan relief last month. The plans include the cancellation of up to $10,000 in debt for borrowers who meet

Why Is Money So Confusing?

Managing money is an essential life skill, yet most U.S. adults would fail a financial literacy test. Consider the results of a survey meant to measure financial literacy, called the

The Other Big Student Loan News: Changes to Repayment

This week, all eyes were on student loan cancellation news. And that makes sense: Borrowers waited months for the president to make a decision on his

Don’t Let Money Rules of Thumb Get You Down

Put 20% down when buying a home. Don’t spend more than 30% of your income on housing costs. Keep child care expenses below 10% of your annual household income.