Which Is Right For Me: Adjustable Or Fixed-Rate Mortgage Loan?

For the Home

The choice of which mortgage loan to go with starts with a simple question: fixed-rate or adjustable? There are many different terms, points, and rates associated with each, but narrowing your search to a category simplifies the process. Fixed-rate mortgages are the more traditional choice. You and a lender agree to a length of time (or term) and an interest …

Making Your Home Safe for Older Residents

Personal Finances

Whether an older relative is moving in with you, or you’re planning on aging in your own home, it may be time to check out how safe and accessible your home is. Stairways and bathrooms can be risky places for able-bodied people, but throw mobility or cognitive issues into the mix and those areas of the home can create life-threatening …

Post-Pandemic Money Moves

Personal Finances

Re-acclimating to normal life as pandemic restrictions are lifted and businesses reopen across the country will mean more than just getting used to wearing real pants again and working without your cat on your lap. You’ll also need to consider your finances. How has your overall money management changed during the pandemic? Have you dipped into your savings? Have you …

Scam Alert: Beware Child Tax Credit Scams

Security and Scams

The Child Tax Credit, a part of the American Rescue Plan Act of 2021 that takes effect in July, is already drawing the attention of scammers. The newly expanded Child Tax Credit (CTC) will provide monthly payments of up to $300 per child for approximately 40 million households across the country. Payments will be issued via direct deposit, paper check, …

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 …