Retirement Planning: The Basics

Directions Financial Solutions

You may have a very idealistic vision of retirement — doing all of the things that you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit that you get from Uncle Sam may not provide enough income for your retirement years. To make …

Should I Invest in Cryptocurrency?

Personal Finances

Investing in cryptocurrency is all the rage, but that doesn’t mean it’s the financially responsible choice for everyone. Let’s take a closer look at cryptocurrency, its volatile nature, and explore the question of whether it’s a good idea to invest in what has been hailed by some as the “money of the future.” What is cryptocurrency? Cryptocurrency is digital money …

Estimating Your Retirement Income Needs

Directions Financial Solutions

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your goals and many other factors. …

Directions Cares for Classrooms Contest Winners Awarded $10K To Help Fund School Projects!

DCU Member News & Info

Directions Cares for Classrooms Contest Winners Awarded $10,000 To Help Fund School Projects!

At Directions Credit Union, we are dedicated to improving our members’ lives and everyone who helps make our communities strong through education.  The COVID-19 pandemic has taken a toll on the school systems in our community.  Our educators have been forced to be innovative as they struggle with creating a safe and conducive learning environment for their students.  Schools have …

Saving on Landscaping

Personal Finances

Landscaping can really drain your wallet! Between seeds, fertilizer and gardening supplies, costs can be high enough to take the pleasure out of lawn care. Here are 10 creative ways to save on landscaping, so you can have your well-tended lawn and your budget, too. 1. Plant perennials Go green with your garden by choosing plants that flower year after …

Spring Clean Your Finances

Personal Finances

Spring is a great time of year to clear your house of accumulated junk and make it sparkle. Why not do the same for your finances? Junk can accumulate there, too. In fact, some of your money matters may need a good wipe down this season. It is especially true this year, when many Americans are still recovering from the …

Preparing Financially For A New Baby

Personal Finances

Congratulations! You’ve just gotten the positive pregnancy test results, and you’re breathless with excitement — and nerves. Or maybe you’re a few months along, and the mild panic is growing right along with the baby bump. Regardless, a baby means big changes, and some of those changes bring many new expenses. How will you pay for it all? Here are …

Beware Coronavirus Vaccine Scams

Security and Scams

There is finally a light at the end of the socially distanced tunnel – the FDA has approved two coronavirus vaccines. Detailed plans to distribute from pharmaceutical companies Pfizer and Moderna are already underway, with additional vaccines expected to gain FDA approval in 2021. Unfortunately, whenever there’s big news, scammers aren’t far behind. Almost as soon as the news of …

Stay Safe With Contactless Banking

DCU Member News & Info

As our community continues to see increases in COVID-19 cases, our members’ and employees’ health and safety remain a top priority.  Therefore, to help each other during this challenging time, we want to remind you of our contactless banking options that make it easy to access and manage your account. Below are numerous Directions contactless banking services, organized alphabetically by …

How Much Business Debt Is Too Much?

Business Finances

Q: My business can use an infusion of cash, so I’m considering a business loan. I already have some outstanding debts, though. How do I strike an appropriate balance when borrowing for my business? A: Borrowing money is often a necessary part of running a business. It’s important to proceed with caution and understand business borrowing before taking on new …