As a part of City CU’s commitment to education, we offer free financial counseling and classes for Members and non-Members. Anyone interested in learning to manage their finances can take advantage of this education at no charge. City CU is here to make the difference for you.
Financial decisions aren’t something that should be taken lightly. Every decision you make can have a positive or negative impact toward your future financial health. City CU wants to help you succeed by offering tips to guide you on the right path. Check back monthly for updates.
Credit Score Checkup
Now is a good time for a checkup of your credit score. It can range from 300 to 850, and can change depending on a number of things:
- Do you pay your credit cards and other debt on time?
- If you paid late, how late were you?
- How much do you owe?
- How much of your credit limit is available to borrow?
- What’s the length of your credit history?
- What type of debt do you have?
In this Dollars and Sense Minute commercial, City CU President and CEO, Sharon Moore, discusses the importance of keeping track of your credit score
Bauer Financial Award
So you don’t normally put financial institution into the “dynasty” category, but when City Credit Union was again awarded top honors by two bank-rating companies, you can bet I was proud. Another 5-Star rating from Bauer Financial and another A+ rating from DepositAccounts.com made this CEO’s day! And to celebrate our seventy-fifth year of operation with those two accolades is pretty darn sweet.
In this Dollars and Sense Minute commercial, City CU President and CEO, Sharon Moore, shares City CU’s Bauer Financial Award.
Prepping for Tax Season
Tax Day will be here before you know it, so it’s a good time to get ready:
- Gather all your documents in a safe place. Annual statements, receipts for large purchases or charitable contributions and medical expenses are all needed.
- Consider an IRA contribution. Paying yourself is always a good idea and maxing your IRA contribution may help reduce your tax burden.
- Revisit your withholding instructions. The trade- off for withholding less through the year is getting a lump-sum refund you can put directly into your savings.
- Consult with an expert. Filing our taxes every year only gets more challenging. Consulting with a tax expert may be money well spent.
In this Dollars and Sense Minute commercial, City CU President and CEO, Sharon Moore, shares tips on how to prepare for tax season.
Random Acts of Kindness
Since a weekend in the sun every couple of weeks isn’t likely, let’s try something this month to make us all smile. Pay it forward! You know, pick up the tab for the first responder in the restaurant or the soldier in the airport, pay the bill for the person behind you in the fast food line, or buy the coffee for the next in line. You’ll be surprised at the reaction you’ll get and even doing this just once this month will bring a lot of smiles!
In this Dollars and Sense Minute commercial, City CU President and CEO, Sharon Moore, discusses how random acts of kindness can make help make other people’s lives better.