"Providing First Class Service Since 1925"
Quick Links
January 2021
Ready to get your budget back on track?

Let us help by refinancing your auto, motorcycle, camper, or recreational vehicle loan from another lender!
Still have questions? Contact a loan officer today!

You'll love CREDIT UNIONING with us!

*Annual Percentage Rate. APR for auto loans is a fixed rate and will not increase during the loan term. All loans subject to approval. Terms of repayment. Example: $20,000 auto loan with a term of 60 months at 1.90% APR would have a monthly payment of $349.69. Participation in FCCCU's Rewards Program required to achieve 1.90% APR. Federally insured by the NCUA. Equal Housing Opportunity. **Qualified refinanced loans include auto, motorcycle, campers/trailers, and recreational vehicles. Current loans with FCCCU do not qualify for the refinance promotion of $100 cash or up to 90 days no payments. Loans approved under the First Class Acceptance program will not be eligible for 90 days no payments. All loans subject to approval.
FREE Credit Report

We spend more freely during November and December, causing us to lose track of our finances. Unfortunately, scammers and thieves also know this to be true, so it’s essential that you pull a copy of your free credit report in January and review it carefully. 

You're entitled to receive one free copy of your credit report annually from each of the three credit reporting agencies (Experian, Equifax, and TransUnion), so a total of three reports each year. You can pull a copy online at www.annualcreditreport.com. Rather than pulling all three reports at once, we recommend pulling one of the reports every four months - January, April & September. This will help you keep a year-round eye on your credit report and catch potentially fraudulent activity sooner.

If you need assistance understanding your credit report, or would like advice for building or raising your credit score, please contact the credit union. 
Apply for the 2021 Warren A. Morrow Memorial Scholarship program, which will award scholarships to high school seniors and individuals entering or attending an accredited undergraduate, graduate, or vocational program in 2021. Applicants must be a current member (not just their parent) of an Iowa credit union. 

Please click the following link for complete scholarship details, essay question, online application, and scholarship program guidelines. Applications must be submitted by Friday, February 5, 2021, at 5:00 pm.

Winners will be notified in April of 2021, and the results will be posted on www.IowaCreditUnionFoundation.org
Note: The scholarship links work best in the Google Chrome Browser.
Habits That Can Ruin Your Budget

So you’ve set a budget, and it looks perfect on paper. You established different spending categories and set what seems like reasonable limits. Yet somehow, it just doesn’t work out month after month.

Sound familiar? The first thing to do is double-check that your budget is reasonable given factors like income and goals. But if everything looks set up for success, then ask yourself if any of these common financial habits are derailing your well-laid plans:

1. Impulse purchases
2. Blurring the line between needs and wants
3. Not tracking your spending
4. Failing to comparison shop
5. You don’t automate your savings

Please click the link below to read the full article and many more financial education articles offered by our BALANCE financial education program.   
Reminders for the New Year

  • Travel - Please notify us of your travel plans so that you do not experience any interruptions with the use of your debit card.
  • Changes - Please notify us of any changes to your mailing address, email address, telephone number, or legal name.
  • Privacy Policy - Our Privacy Policy is located on our website.
  • IRA Contributions - Contributions can be made to IRAs through April 15, 2021, for the 2020 tax year.
  • IRA's Fair Market Value - Members who have an IRA with us can determine your IRA’s Fair Market Value for income tax time by totaling your IRA account balances as of Dec. 31, 2020. That information can be found on your year-end statement, or by logging in to Online Banking.
  • Verify Account Information - Please verify the joint members and beneficiaries are correctly listed on your account(s). If you need to make changes, please contact the credit union.
  • 1098 Tax Forms - 1098 forms will be mailed before the end of January to members who have a mortgage loan where at least $600 in interest was paid in 2020. Please note that forms are not sent for interest paid on any other loans.
  • 1099 Tax Forms - 1099 forms will be mailed before the end of January to members who have earned more than $10 in interest over the past year on any checking, savings, or CD account. This information can also be found at the bottom of your December statement. See the example below.
Mark Your Calendar

Friday, January 1st - Closed for New Year's Day

Monday, January 18th - Closed for Martin Luther King Day

Westown Office
2051 Westown Parkway
West Des Moines, IA 50265
Euclid Office
303 Euclid Ave
Des Moines, IA 50313
Federally Insured by the NCUA. | Equal Housing Opportunity.