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Money feels a lot less stressful when you know what it’s supposed to be doing for you. Instead of wondering where your paycheck went, you know exactly what each dollar is helping you accomplish: paying down debt, building savings, planning for the future.

That’s what financial goals do. They give your money a job.

Whether you’re just getting started with saving or you’re thinking about retirement and bigger long-term plans, having both short-term and long-term financial goals can help you move forward with confidence.

In this article, we’ll walk through simple steps to create a plan that fits your life, and how 1st Community Credit Union can help along the way.
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Why Financial Goals Matter More Than “Just Saving”

It’s easy to say “I should save more” or “I really need to get out of debt.” Those are good intentions, but they’re not a plan.

When your goals are vague, it’s harder to stay motivated because there’s no clear finish line. You might save a little one month, spend it the next, and feel like you’re not getting anywhere.

Real financial goals are specific. They answer questions like:

• What am I saving for?
• How much do I need?
• When do I want to reach this goal?

Clear goals help you:

• Make better day-to-day decisions (“Does this purchase matter more than my goal?”)
• Stay focused when things get busy or stressful
• See real progress over time

With the right goals, your budget isn’t just about cutting back. It becomes a tool to help you build the life you want. 1st Community Credit Union is here to support that plan with accounts, tools, and guidance that match where you’re trying to go.
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Short-Term vs. Long-Term Financial Goals: What’s the Difference?

Short-Term Financial Goals (0–2 Years)

Short-term goals are things you want to accomplish relatively soon. They usually feel very practical and close to your day-to-day life.
Examples of short-term financial goals include:

• Building a starter emergency fund (for example, $500–$1,000)
• Paying off a smaller credit card balance
• Saving for a vacation, holiday gifts, or back-to-school expenses
• Creating a basic budget and sticking to it for 3–6 months
• Building a one-month cushion in your checking account

These goals give you “quick wins.” You can see progress faster, which helps you stay motivated.

Long-Term Financial Goals (3+ Years)

Long-term goals usually stretch over several years or more. They require more planning and patience, but they’re also the ones that can change your life the most.
Examples of long-term goals include:

• Paying off student loans, an auto loan, or a mortgage
• Building a full emergency fund of 3–6 months of expenses
• Saving for retirement
• Planning for a child’s education
• Saving for a future home or major move

These goals may feel big, but they’re reached the same way as short-term ones: one step at a time.

Why You Need Both

Short-term goals help you feel successful now. Long-term goals make sure you’re also taking care of your future. It’s the perfect combination.

When you combine both, you get balance:

• You’re not sacrificing your future just to make today fun
• You’re not so focused on “someday” that life feels miserable right now

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Step 1: Get Clear on Where You Are Right Now

You can’t set a realistic financial goal if you don’t know your starting point. Think of this step as taking a snapshot of your current situation.

Review Your Income and Fixed Expenses

Start by listing:

• Your monthly take-home pay (after taxes)
• Your regular bills: rent or mortgage, utilities, insurance, phone, internet, transportation, loan payments, childcare, etc.

Doing this shows you how much of your income is already committed each month.

Understand Your Debt Picture

Next, write down:

• Each credit card and loan
• The balance
• The interest rate
• The minimum monthly payment

Doing this helps you spot which debts are most expensive and which you might want to tackle first.

Take Inventory of Your Savings and Accounts

Include:

• Checking and savings balances
• Retirement accounts (401(k), IRA, etc.)
• Any other savings or investment accounts

If you’re a 1st CCU member, online and mobile banking make it easy to see account balances in one place so you can quickly understand where things stand.

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Step 2 – Define Your Short-Term Financial Goals

Now that you know your starting point, it’s time to set some short-term goals for the next 12–24 months.

Start with 3–5 Realistic Goals

Choose goals that feel meaningful but doable. For example:

• “I will save $1,000 for an emergency fund within 12 months.”
• “I will pay off a $1,500 credit card within 18 months.”
• “I will save $600 over the next 6 months for holiday gifts so I don’t use my credit card.”

Turn Each Goal into a SMART Goal

SMART goals are:

• Specific
• Measurable
• Achievable
• Relevant
• Time-bound

For example:

• Vague: “I want to save more.”
• SMART: “I will save $50 from each paycheck for the next 12 months to build a $1,200 emergency fund.”

Match Your Goals with the Right Tools

• Emergency fund → open or use a separate savings account at 1st CCU so you’re less tempted to spend it.
• Paying off a smaller debt → focus extra payments on that one debt while making minimums on the rest (debt snowball or avalanche).
• Saving for a trip or event → consider setting up a dedicated savings account just for that purpose.

The key is to keep short-term goals simple and trackable.

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Step 3 – Define Your Long-Term Financial Goals

Short-term goals help you get organized. Long-term goals help you build the future you want. Let’s dig into long-term goals.

Think in 3–5+ Year Windows

Ask yourself:

• “Where do I want to be financially in 5 years?”
• “What about 10 or 20 years from now?”

You might think about:

• Being debt-free (or close to it)
• Owning a home
• Having a strong retirement savings habit
• Funding education for children or grandchildren

Make Long-Term Goals SMART Too

Even big goals need specifics. For example:

• Vague: “I want to retire someday.”
• SMART: “I will increase my retirement contribution by 1% this year and review it annually so I’m consistently saving more for retirement.”

Another example:

• “I will pay an extra $100 toward my mortgage each month to reduce my payoff timeline.”

Align Long-Term Goals with Your Values

Your goals are more powerful when they connect with what matters most to you:

• Security (strong emergency fund, insurance, retirement)
• Freedom (being debt-free, building savings to change jobs or start a business)
• Generosity (having room in your budget to give or support causes you care about)

When your goals reflect your values, it’s easier to keep going even when progress feels slow.

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Step 4 – Prioritize and Balance Competing Goals

You probably have more than one goal. That’s normal. The challenge is deciding what to do first. Let’s explore that.

You Can’t Do Everything at Once… and That’s OK

Trying to aggressively pay off debt, max out retirement, build a huge emergency fund, and save for a big vacation all at the same time can stretch your budget too thin.

Create a Simple Priority List

Think of your goals in layers:

1. Non-negotiables: housing, food, utilities, transportation, minimum debt payments
2. Safety goals: emergency fund and basic savings
3. Debt goals: paying down high-interest balances
4. Growth and lifestyle goals: retirement, travel, home upgrades, education

Sample Allocation Strategy

If you have some extra money after covering basics, you might:

• Put 50% of it toward high-interest debt
• Put 30% toward emergency savings
• Put 20% toward a short-term “fun” goal like a trip

There’s no single “right” mix. The best plan is the one you can stick with.

Revisit Priorities When Life Changes

Your priorities may shift when you:

• Change jobs
• Have a child
• Move
• Experience a health event or other major life change

Review your goals at least once or twice a year to make sure they still fit. Set reminders to do that or you might forget.

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Step 5 – Turn Your Goals into a Monthly Plan

Goals are only as strong as the plan behind them. Let’s sharpen up the plan.

Build Your Budget Around Your Goals

Start with your monthly income, subtract your fixed expenses, then decide how much of what’s left will go toward each goal. If you planned $150 per month for savings, decide up front how that $150 is divided.

Automate as Much as Possible (This is key)

Automation makes it easier to stay consistent:

• Set up automatic transfers from your 1st CCU checking to savings on payday.
• Consider automatic contributions to retirement accounts.
• Use recurring transfers for specific goals (vacation, emergency fund, etc.).

When savings and payments happen automatically, you’re less likely to skip them.

Track Progress in Simple Ways

You don’t need a complicated system. You can:

• Check your progress in online or mobile banking
• Keep a simple spreadsheet or checklist
• Celebrate milestones (25%, 50%, 75%, goal reached!)

Seeing your progress can be incredibly encouraging.

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Short-Term vs. Long-Term: Handling Setbacks Without Giving Up

No plan goes perfectly. Life happens. Let’s figure this part out.

Expect Surprises (They’re Normal)

Unexpected car repairs, medical bills, or job changes can slow down your progress. That doesn’t mean you’ve failed.

What to Do When You Fall Behind

• Pause and reassess instead of giving up
• Adjust your timeline if needed
• Reduce goal contributions temporarily rather than stopping them completely
• Use the experience to fine-tune your plan

 

Use Your Goals as a Decision Filter

When you’re thinking about a purchase, ask:

• “Does this move me closer to or further from my goals?”

That simple question can help you make choices you’ll feel good about later.

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How 1st Community Credit Union Can Support Your Financial Goals

You don’t have to figure all of this out alone. 1st CCU can be a partner in both your short-term and long-term plans.

Accounts Designed for Different Types of Goals

• Checking accounts for everyday spending and paying bills
• Savings accounts for emergency funds and short-term goals
• Certificates or other savings options for medium-term or longer-term goals

Having separate accounts helps you stay organized and keep goal money separate from everyday spending. Some parents have kids keep money in separate envelopes for separate things to help teach them about money. Think about separate accounts as separate envelopes.

Digital Tools to Help You Stay on Track

• Online and mobile banking so you can check balances, set up transfers, and monitor progress
• Alerts to help you stay on top of account activity and avoid surprises

Lending Options That Fit into a Bigger Plan

Used responsibly, loans can also support your goals:

• Auto loans, home loans, and personal loans that fit your budget
• Refinancing or consolidating higher-interest debt (when appropriate) to free up more room for savings and long-term goals

Personalized Guidance

Sometimes the most helpful step is simply talking through your situation with someone who understands money and local life.

• You can visit a branch, call, or connect online to ask questions
• A 1st CCU team member can help you think through priorities and options so your goals and accounts work together

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Getting Started: Your Next 3 Steps

Big financial change usually starts with a few small, clear actions.

1. Pick One Short-Term and One Long-Term Goal Today

Keep it simple. For example:

• Short-term: “Save $500 in the next 6 months for emergencies.”
• Long-term: “Increase my retirement contribution by 1% this year.”

 

2. Write Them Down with a Dollar Amount and Deadline

Put your goals somewhere you’ll see them often: on the fridge, in a planner, or in a notes app on your phone.

3. Reach Out to 1st Community Credit Union if You Want Help

If you’re not sure where to start, or you’d like help choosing the right accounts or strategies, connect with 1st CCU:

• Stop into a branch
• Call and ask to talk about savings, budgeting, or loans
• Visit the website to explore tools and resources

It’s never too late to start setting smart financial goals. Whether you’re building your first emergency fund, planning for retirement, or juggling multiple priorities, small steps taken consistently can add up to big changes over time—and you don’t have to take those steps alone.

 

Online shopping is ridiculously convenient. You can compare prices, read reviews, and check out without ever leaving the couch. But behind all those “Buy Now” buttons are scammers, fake websites, and hackers hoping you’ll let your guard down for just one click.
If you’re using your debit or credit card online, especially for holiday shopping or big purchases, a few smart habits can go a long way toward protecting your money and your identity.

Here are practical, easy-to-follow tips to help you shop safely online and keep your 1st Community Credit Union accounts secure.

Why Online Shopping Safety Matters

Online shopping isn’t going anywhere. Unfortunately, neither are online scams. Cybercriminals create fake websites, send phishing emails, and try to trick people into sharing card numbers, passwords, and one-time codes. During major sales and holiday seasons, there are often spikes in fraudulent websites and phishing campaigns as criminals try to take advantage of the rush and “too good to be true” deals.

The good news? Most online fraud relies on someone clicking a bad link, using a weak password, or entering information on an unsafe site. That means you have more control than you might think. A few simple habits can dramatically reduce your risk of becoming a victim.

Tip #1: Shop Only on Secure, Trusted Websites

Before you type in your card number, pause and check where you are.

•    Look for “https” and the padlock. The web address (URL) should start with https:// and show a small padlock icon in your browser’s address bar. This means your information is encrypted as it travels from your computer to the website’s server.
•    Watch out for look-alike URLs. Scammers create spoofed websites that look almost identical to real ones, sometimes changing just one letter or adding extra words to the address. Always double-check the spelling and domain (for example, .com vs. .net). If you clicked a link from an email or ad, consider closing it and typing the store’s name directly into your browser instead.
•    Stick with reputable retailers. Well-known brands and local businesses you recognize are generally safer than unfamiliar sites with little or no history. If you’re trying a new site, search for reviews, look them up on Google Maps, or check for a physical address and real contact information.
•    Be cautious with “too good to be true” deals. If a price is unrealistically low or a site is pushing countdown timers and pressure tactics, that’s a red flag. Scammers rely on urgency to get you to act before you think.

1st Community Credit Union even highlights fake shopping site scams and encourages members to be skeptical of unrealistic offers and to verify website URLs before shopping. Your best move: slow down, check the site, and only buy from businesses you trust.

Tip #2: Use Strong Passwords and Turn On Two-Factor Authentication

Many online stores ask you to create an account so you can track orders or save your shipping info. That’s convenient – but it also means another username and password to protect.

•    Create strong, unique passwords. Use long passwords or passphrases that combine upper- and lowercase letters, numbers, and symbols. Avoid anything easy to guess, like your pet’s name, “password123,” or reusing the same password across multiple websites.
•    Use a password manager. Password managers generate and store complex passwords for you, so you don’t have to remember them all. That way, if one website is compromised, the damage doesn’t automatically spread to your other accounts.
•    Turn on two-factor authentication (2FA) when available. Many retailers, email providers, and financial apps let you add a second step – like a code sent by text or generated in an app – when you log in. That extra layer makes it much harder for someone to get into your account, even if they somehow get your password.

And remember: never share your one-time codes with anyone. If someone calls, emails, or texts you asking for a verification code, hang up or ignore the message and contact the company directly using a trusted phone number or website.

Tip #3: Protect Your Devices and Connections

Online security isn’t just about the website – it’s also about the device and network you’re using.

•    Keep your software up to date. Install updates for your phone, tablet, computer, browser, and security apps. Those updates often fix security vulnerabilities that hackers target.
•    Avoid shopping on public Wi-Fi. Free Wi-Fi at coffee shops, airports, or hotels is convenient, but it’s often not secure. It’s safer to shop using your home Wi-Fi or your phone’s cellular data. If you must use public Wi-Fi, avoid entering any financial or personal information, or use a reputable Virtual Private Network (VPN) to encrypt your connection.
•    Use security tools. Turn on built-in security features like firewalls and install trusted antivirus or anti-malware software. These tools can help block malicious downloads and suspicious activity.

1st Community Credit Union also encourages members to secure their devices and be cautious about where and how they access online banking and shopping sites. A secure device plus a secure connection equals a safer transaction.

Tip #4: Choose Safer Payment Methods

How you pay online matters just as much as where you shop.

•    Use credit or debit cards with fraud protection. Many cards offer zero-liability protection for unauthorized charges, especially when you report them quickly. Check with 1st Community Credit Union to understand the protections that come with your debit and credit cards and how to report suspicious activity.
•    Consider digital wallets. Services like Apple Pay®, Google Pay™, or other digital wallets use tokenization, which means your actual card number isn’t shared with the merchant. Instead, a one-time code is used for the transaction, reducing the risk if the retailer’s system is compromised. More on Digital Wallet.
•    Avoid wire transfers, prepaid gift cards, or apps for unknown sellers. Scammers love payment methods that are hard to reverse. If a seller insists on being paid in gift cards, cryptocurrency, or a person-to-person payment app for a purchase, that’s a major red flag.
Whenever possible, use the payment options that give you the best protection and dispute rights. And never store your card details on websites you don’t fully trust.

Tip #5: Spot Phishing Emails, Texts, and Fake Messages

Many online shopping scams start before you ever open a browser. They arrive via email, text message, or even social media.

•    Be skeptical of unexpected messages. If you get an email or text about a failed delivery, order confirmation you don’t recognize, or an “urgent” account problem, don’t click the link. Go directly to the company’s official website or app and check your account from there.
•    Check the sender. Fake emails often come from addresses that look close to the real thing but aren’t quite right. The same goes for text messages with odd links or generic greetings like “Dear Customer.”
•    Know what your credit union will (and won’t) ask. 1st Community Credit Union makes it clear they will never email you asking for your full account number, online banking password, PIN, or one-time access codes. If you get a message claiming to be from 1st CCU that asks for that kind of information, it’s a scam. Delete it and call the credit union directly using the number on their website or the back of your card.

If something feels off, trust your instincts. A few extra seconds of caution can save you hours of frustration later.

 

Tip #6: Monitor Your Accounts and Act Quickly

Even if you do everything right, it’s still important to keep an eye on your accounts. The faster you spot suspicious activity, the faster you can shut it down.

•    Check your statements regularly. Log in to online or mobile banking to review recent transactions. Look for small “test” charges or unfamiliar purchases – scammers often start small before trying something bigger.
•    Lock your card with Card Controls. If you spot a transaction you don’t recognize, you can use Card Controls in 1st Community Credit Union’s online or mobile banking to temporarily lock your card. Locking your card helps put the brakes on any new transactions until you can contact 1st CCU or Cardholder Services to research the charges.
•    Set up alerts. Many financial institutions, including 1st Community Credit Union, offer account and card alerts by text or email. These can notify you when a purchase is made, when your balance drops below a certain amount, or when there’s a login from a new device. Those real-time alerts can help you catch fraud twice as fast as waiting for a monthly statement. Check out our How-To Video for customizing eAlerts.
•    Report issues immediately. If you spot a suspicious transaction or think you entered your card information on a fake website, contact 1st CCU right away. If you notice suspicious or fraudulent charges after hours or on the weekend, you can call the Cardholder Services phone number on the back of your card for help with reporting and/or disputing those charges.

Don’t feel embarrassed if you think you’ve been scammed – it happens to smart, careful people every day. What matters most is how quickly you respond.

 

How 1st Community Credit Union Helps You Shop Securely

You don’t have to handle online safety alone. As your financial partner, 1st Community Credit Union provides tools and support to help you stay protected:

•    Online and mobile banking. Easily monitor your accounts, review transactions, and move money securely from your phone or computer.
•    Account and card alerts. Get notifications about purchases, low balances, or unusual activity so you can respond quickly if something doesn’t look right.
•    Fraud monitoring and support. 1st CCU and their card processor keep an eye out for suspicious transactions and may contact you if something seems unusual. If you ever share information by mistake or suspect fraud, they encourage you to call right away so they can help protect your accounts.
•    Educational resources. The credit union regularly shares tips on avoiding scams, recognizing fake shopping sites, and protecting your personal information.

When you combine safe online habits with the security features built into your 1st CCU accounts, you dramatically reduce your risk and shop with more confidence.

Bottom Line: Stay Smart, Stay Secure, Enjoy the Convenience

Online shopping should make life easier, not more stressful. By choosing trusted websites, protecting your passwords, using secure connections, watching for scams, locking your card when needed, and keeping a close eye on your accounts, you can enjoy the convenience without putting your money or identity at unnecessary risk.

If you have questions about a transaction, a suspicious message, or how to use 1st Community Credit Union’s digital tools to protect yourself, reach out to the 1st CCU team. They’re here to help you shop smarter and keep your financial information safe – season after season.

Simple steps like using secure websites and strong passwords can help keep your online shopping transactions safe.
 

A good credit score can open doors with lower interest rates, better loan approval odds, and more financial flexibility. Whether you're starting fresh or rebuilding, improving your credit takes patience, focus, and good habits. At 1st Community Credit Union, we believe everyone deserves the tools to strengthen their credit profile.

Here are key strategies to help you improve your credit score step by step.

1. Understand What Impacts Your Credit Score

Before making changes, know what lenders look at. The main factors influencing credit scores are:

• Payment History (on-time payments vs. missed/late ones) — typically the biggest portion.
• Amounts Owed / Credit Utilization — how much of your available credit you’re using. Keeping balances low helps.
• Length of Credit History — older, well-maintained accounts show long-term reliability.
• Credit Mix — a mix of credit types (credit cards, installment loans, etc.) can help.
• New Credit / Credit Inquiries — each time you apply for new credit, it may cause a “hard inquiry,” which can have a minor negative effect.

Knowing these helps you target the areas that matter most.

 

2. Check Your Credit Reports Regularly and Fix Errors

Get a copy of your credit reports from the three major credit bureaus (Equifax, Experian, TransUnion). You’re entitled to at least one free report annually via AnnualCreditReport.com.

Once you have your report:

• Review all entries carefully: account balances, payment history, open accounts, inquiries.
• Watch for mistakes or fraud: wrong balances, accounts that aren’t yours, or late payments incorrectly reported.
• If you see errors, file a dispute with the credit bureau(s) and the creditor involved. Correcting errors can sometimes lead to relatively fast improvements.

 

3. Pay Bills On Time — Always

Your payment history is often the most heavily weighted factor in credit scoring. Late or missed payments hurt, especially if they end up in collection. On-time payments over many months or years build solid credit. 

Tips to keep up:

• Set up automatic payments or reminders.
• Prioritize paying off debts that are already late.
• If you’re struggling financially, reach out to creditors early—sometimes arrangements or forgiven late fees may be possible.

 

4. Keep Your Credit Utilization Low

Credit utilization refers to the percentage of your available revolving credit (credit cards, lines of credit) that you are using. For example: if you have a total credit limit of $5,000 across all cards, and your total balances are $1,500, your utilization is 30%. Lower is better. Ideally, keep utilization under 30%, and even better if you can stay closer to 10-20%. 

Ways to do this:

• Pay down credit card balances early (not just at statement due date).
• Spread out purchases across multiple cards rather than maxing one.
• Request credit limit increases, but only if you won’t be tempted to spend more.
• Avoid carrying large balances if you plan to apply for credit soon.

 

5. Don’t Open Too Many New Accounts at Once

While having more credit (when managed well) can help, opening many new lines of credit in a short period can hurt:

• Each new application often leads to a hard inquiry, which can lower your score.
• New accounts reduce the average age of your credit history, which can negatively affect scoring.

Only apply for new credit when you really need it and when the terms are favorable. Wait until existing accounts are in good standing.

 

6. Maintain Older Accounts & Build a Healthy Mix of Credit

 

• If you have older credit card or loan accounts that are in good standing, keep them open. They help extend your credit history and strengthen your profile.
• A credit mix (revolving credit like credit cards plus installment credit like car loans, mortgages, or personal loans) shows lenders you can manage different types of debt responsibly. Only take on new debts if they make sense and are affordable. 

 

7. Pay More Than the Minimum When Possible

Minimum payments keep your account in good standing but don’t reduce your balance quickly. Paying more than the minimum:

• Reduces interest charges.
• Decreases total debt faster.
• Helps lower credit utilization.

Even small extra payments can make a difference when done consistently.

 

8. Be Patient & Monitor Your Progress

Improving credit doesn’t happen overnight. It takes consistent efforts over months and years. But you will see changes if you adopt good habits, manage debt, and fix errors.

Tools that can help:

• Credit monitoring services (many credit unions offer these or something similar).
• Alerts for payment due dates.
• Periodic review of your credit score, so you can see which actions lead to improvement.

 

9. Use Resources from 1st Community Credit Union

As a member of 1st Community Credit Union, you have access to unique advantages:

• Credit-builder products: A share-secured personal loan is an accessible, low-risk way to build or repair credit history by demonstrating responsible payment behavior to credit bureaus.
• Financial counseling and education: Speak with our staff for personalized tips, budgeting help, or debt-management plans.
• Affordable lending options: Credit unions often offer lower interest rates and more member-friendly terms, which can make managing and paying down debt easier.

 

Final Thoughts

Improving your credit score is a journey. It takes consistent payments, reducing debt, monitoring your credit report, and being strategic about when and how you use credit. But with effort, you’ll build a stronger credit profile that creates better borrowing options, lower costs, and greater financial stability.
At 1st Community Credit Union, we’re here to help, whether you’re just starting out, rebuilding, or working toward your long-term financial goals. If you want tailored advice or want to explore our credit-building tools, reach out to us. Your best credit score is within reach.
 

Life has a way of throwing curveballs, and with those major milestones often come new financial responsibilities. Whether you’re navigating a divorce, heading off to college, getting engaged, planning a wedding, welcoming a new baby, or relocating to a completely new region of the U.S., each life change is a chance to reset, not just emotionally, but financially too.

At 1st CCU, we understand that transitions can feel overwhelming. That’s why we believe in helping members take charge of their money during life’s biggest turning points. Let’s look at some common scenarios and practical steps to help you make a fresh start with your finances.

Divorce: Regaining Financial Independence

Divorce is both emotionally and financially challenging. Suddenly, you may be managing a household on a single income while juggling legal costs and restructuring long-term financial goals.

Steps to take after divorce:

• Update accounts and beneficiaries. Make sure your checking, savings, retirement, and insurance accounts reflect your new situation.
• Build or rebuild credit in your name. Consider a small share-secured loan through a trusted financial institution like 1st CCU to strengthen your credit history.
• Adjust your budget. Recalculate income versus expenses to ensure you’re not overspending.
• Seek financial counseling. At 1st CCU, members can access resources and tools or meet with our certified financial counselors to create a realistic plan moving forward.

A divorce may feel like an ending, but financially, it’s also a new beginning. With a solid plan, you can rebuild stability and confidence.

Starting College: Learning to Budget on Your Own

Heading to college is often the first big financial test for young adults. Tuition, books, housing, and daily expenses can add up quickly, and without careful planning, student loan debt can follow you for decades.

Financial tips for college students:

• Open a student-friendly checking account. At 1st CCU, we offer accounts designed for easy money management, with online and mobile banking tools to track spending.
• Stick to a budget. Separate “needs” like textbooks and food from “wants” like takeout or entertainment.
• Limit credit card debt. Building credit is important, but overspending can cause long-term setbacks.
• Save where you can. Even setting aside $20 a month creates good habits for the future.

College is about education in the classroom and in your financial life. Learning smart money habits now sets you up for lifelong success.

Engagement & Wedding: Planning Love and Money

Engagement and marriage are exciting milestones, but they can also bring significant financial challenges. Between wedding expenses and combining finances, couples must learn how to navigate money together.

Smart financial moves before “I do”:

• Create a joint budget. Discuss income, debts, and savings goals honestly.
• Decide on joint vs. separate accounts. Some couples prefer merging finances, while others maintain individual accounts. 1st CCU can help you find the right balance.
• Set savings goals. From the wedding itself to future plans like buying a home, saving together strengthens your financial partnership.
• Talk about credit scores. Transparency helps prevent surprises when applying for a mortgage or loan.

Strong relationships are built on communication, including financial communication. Planning ahead keeps money from becoming a source of stress.

Welcoming a New Baby: Preparing for Added Expenses

A new baby is one of life’s greatest joys and greatest expenses. Between diapers, medical bills, childcare, and future education savings, it’s crucial to prepare financially.

Steps to take when growing your family:

• Update your health insurance. Make sure your baby is added to your policy.
• Revise your budget. New monthly costs may mean cutting back in other areas.
• Start an emergency fund. Kids bring surprises, and it’s best to be financially ready.
• Open a savings account for your child. 1st CCU offers savings options to help you start building for their future early.

Children change your world in every way, including your finances. Planning ahead reduces stress and helps you focus on enjoying those precious first moments.

Moving to a New Region: Adjusting to a New Cost of Living

Relocating to a new part of the U.S. can bring new job opportunities, but it also means adapting to a new cost of living. From housing and utilities to transportation, your old budget may not fit your new reality.

Financial steps when relocating:

• Research your new region. Understand average costs for rent, groceries, and gas.
• Pick a financial partner. Your 1st CCU membership moves with you no matter where life takes you. It's easy with our digital access, mobile tools, and dedicated Member Service, Call Center, and Lending teams. But if you do choose to join a financial institution with locations closer to your new home, let us know how we can help make your transition go smoothly.
• Reevaluate your housing costs. Rent or mortgage payments can vary widely by region.
• Update your emergency savings. Higher costs may mean adjusting your savings goals.

Moving is a fresh start in every sense. By planning ahead, you can adapt quickly and thrive in your new community.

Fresh Starts Begin with Smart Financial Choices

Big life changes can feel overwhelming, but they’re also opportunities to reset your financial path. Whether you’re adjusting after a divorce, starting college, getting married, welcoming a baby, or moving to a new city, having a trusted financial partner makes all the difference.

At 1st Community Credit Union, we’re here to help you navigate every milestone with confidence. From checking and savings accounts to financial counseling and loan solutions, we’re committed to helping you build a secure future.
 

As summer winds down, the back-to-school rush begins. From school supplies and new clothes to activity fees and technology, the costs can add up quickly. But with a little planning and some help from your local financial partner, you can start the school year off on solid financial footing.

At 1st Community Credit Union, we believe in empowering our members with tools and guidance to achieve financial wellness. Whether you're sending your kindergartener off with a backpack full of supplies or preparing your college student for dorm life, these budgeting tips can help you save money and reduce stress.

1. Create a Back-to-School Budget (and Stick to It)

Before you start shopping, take time to outline a realistic budget. Start by listing out all anticipated expenses, such as:
•    Classroom supplies
•    Backpacks and lunchboxes
•    Clothing and shoes
•    Electronics (calculators, tablets, laptops)
•    Fees for sports or extracurricular activities

Once you have a full picture of your costs, compare them to your available funds. This is a great time to review your savings account options to determine if you’ve set aside money throughout the year or if you’ll need to adjust your monthly spending.

Pro Tip:
Use free online budgeting tools to track spending and stay on top of your finances all year long.

2. Take Inventory Before You Shop

You might be surprised by how many supplies are already hiding in your home. Before hitting the stores, do a quick sweep of:
•    Leftover school supplies from last year
•    Unused notebooks, pens, and folders
•    Gently used backpacks or lunchboxes
•    Clothing that still fits (or can be handed down)

Taking stock of what you already own helps avoid unnecessary purchases and frees up budget space for bigger needs.

3. Shop Smart and Early

Back-to-school deals often start in mid-summer. Look for:

• Sales and coupons: Many retailers offer discounts on bulk items or limited-time promos.
• Shop Secondhand:  Gently used clothing, shoes, jackets, and backpacks can often be found by exploring thrift stores, consignment shops, and online marketplaces such as Swap.com or Facebook Marketplace.
• Buy in bulk: Team up with other parents to split bulk purchases of notebooks, pencils, or sanitizer.

Bonus Tip:
When shopping online, use browser extensions that automatically apply coupon codes at checkout. Every little bit helps!

4. Set Spending Limits with Older Kids

For middle schoolers, high schoolers, or college students, back-to-school shopping can be an opportunity to teach financial responsibility. Give them a budget and stick to it.
Encourage your child to prioritize needs over wants. Let them practice comparing prices, looking for deals, and understanding the value of money. You can even open a youth checking account with a debit card to give them more independence while helping them learn financial literacy.

5. Take Advantage of Student Discounts

Many stores and services offer exclusive deals to students, especially those heading off to college. From software subscriptions like Microsoft Office or Adobe Creative Cloud, to clothing, tech, and streaming services, student discounts can stretch your budget significantly.
Also consider free resources like:
•    Public libraries for books and tutoring help
•    Free lunch programs or supply drives through local organizations
•    Discounted or refurbished electronics from trusted vendors

6. Consider a Back-to-School Loan or Credit Option (If Needed)

If your back-to-school expenses are larger than expected, especially for college-bound students, you might want to explore financing options. At 1st CCU, we offer:

• Low-interest personal loans
• Share-secured loans
• Credit cards with rewards

We’re here to help you find the right solution for your family, without stretching your finances too thin.

7. Plan Ahead for Next Year

Once this year’s expenses are behind you, start planning for the next. Set up a designated savings account just for school-related purchases. Contributing a small amount each month can make a big difference when summer rolls around again.
Consider setting up automatic transfers to make saving easy and consistent. You'll thank yourself next year.

8. Make Use of Rewards Programs

If you've been using a 1st CCU Visa credit card throughout the year, you’ve been earning 1 reward point for each $1 you charge.  Those reward points can be redeemed for items your child may need, such as backpacks, laptops, etc.  This can help offset costs or even earn you discounts on future purchases.
Just be sure to pay off the balance in full to avoid interest charges. Responsible use of credit can work in your favor during high-spend times like back-to-school season.

 

We’re Here to Help

At 1st Community Credit Union, we understand that back-to-school shopping can be both exciting and overwhelming. That’s why we’re committed to helping our members make smart financial choices, every step of the way.
Visit your local branch or explore our member resources online for tips, tools, and support to keep your financial goals on track this school year and beyond.
 

Credit cards can be one of the smartest tools in your financial toolbox — or the easiest way to dig a costly hole. With the average card APR hovering around 21.9% for balances that accrue interest in early 2025, even a small purchase left unpaid can balloon quickly. The good news? A few savvy habits can help you keep more money in your pocket, build a healthier credit score, and squeeze every perk from your plastic. Below are ten essential credit card tips, written with our 1st Community Credit Union members in mind.

1. Pay On Time, Every Time

Late payments trigger interest charges, hurt your credit score, and may still cost you up to $8 in fees under the CFPB’s updated cap for large issuers. Set up autopay for at least the statement minimum and schedule a separate reminder to pay the full balance before the grace period ends. Your future self (and your credit history) will thank you.

2. Aim to Pay in Full and Avoid Interest Altogether

Falling short of a full payoff means yesterday’s burger could cost you tomorrow’s steak dinner. At an average 21.9% APR (charged by big national credit card issuers), a $1,000 balance carried for a year adds roughly $219 in interest. Treat your credit card like a charge card. Buy only what you can clear when the bill arrives.

3. Keep Your Utilization Below 30% (Ideally Under 10%)

Credit scoring models look at the percentage of credit you use versus what is available. Using more than about 30% of your total limit can ding your score, even if you pay on time. Pay mid‑cycle or request a credit‑limit increase (without adding new spending) to keep utilization low.

4. Understand Your APR and Grace Period

Not all APRs are alike. Promotional, purchase, cash‑advance, and penalty rates differ. Make sure you know:
•    Standard Purchase APR: The rate applied to everyday transactions.
•    Intro or 0% APR: A limited‑time window, often 12–18 months, that can save interest — but only if you retire the balance by the deadline.
•    Grace Period: Pay your statement balance in full by this date to avoid interest.
Reading the Schumer box on your card agreement takes minutes and can save hundreds.

5. Match Rewards to Real Spending (Not Aspirations)

Rewards points are only valuable if you're earning them on pruchases you'd make anyway. That's why it makes sense to choose a card that fits your everyday spending - like groceries, gas, or travel - rather than chasing bonus offers that might tempt you to overspend. 1st CCU's Visa Credit Card earns CU Rewards Points with every purchase - 1 point for every $1 spent - which you can redeem for travel, merchandise, travel gift cards, and more. Plus, you get local service without the big-bank fees.

6. Watch Out for Fees You Don’t Have to Pay

Beyond late fees, look for:
•    Annual fees: Worth it only if perks exceed the cost.
•    Foreign‑transaction fees: Can add 1‑3% on every purchase abroad.
•    Cash‑advance fees & APRs: Start accruing interest immediately.

Credit unions like 1st CCU are historically more fee‑friendly than national banks, according to CFPB data. Contact us for more information about current fees and benefits!

7. Leverage 0% Balance Transfers, Strategically

Some credit cards lure people in with 0% balance transfer offers, but these promotions often come with hidden pitfalls - like high transfer fees and surprise interest charges when the promotional period ends. At 1st CCU, we offer a consistently low Annual Percentage Rate on our credit card, with no balance transfer fee if you're moving a balance from another card. That way, you can simplify your payments and work toward paying down debt without worrying about an expiring offer, unexpected costs, or rising rates.  Sticking with a realistic budget and steady payments is often the smartest path to becoming debt-free.

8. Use Built‑In Protections

Most credit cards include:
•    Zero‑liability fraud coverage
•    Extended warranties
•    Purchase or price protection
•    Travel accident insurance

Register big‑ticket items and keep receipts so you can tap these perks if needed. Activating your card in a digital wallet (Apple Pay®, Google Pay™, etc.) also adds token‑based security for contactless transactions.

9. Monitor Your Accounts and Credit Reports Regularly

Turn on transaction alerts (text, push, or email) to spot fraudulent charges immediately. Review your free credit report at least once a year. Disputing errors can raise your score quickly, and spotting unexpected hard inquiries helps you prevent identity theft.

10. Choose a Low‑Rate Card from a Credit Union

Credit unions are member‑owned and typically offer lower Annual Percentage Rates than for‑profit issuers. When WalletHub checked in June 2025, new‑offer rates averaged 22.7%, and existing accounts averaged 21.4%, but credit‑union cards often track several points lower. 1st  Community Credit Union’s credit card features a competitive fixed‑rate, no hidden fees, and in‑house service. If you’re ready to apply, visit our website or stop by any branch to chat with a local expert.

Final Thoughts

Mastering your credit card doesn’t require gimmicks, but it does demand consistency. Pay on time, spend within your means, and choose products designed to help members, not shareholders. Whether you’re building credit for the first time or fine‑tuning an established profile, the right habits today can unlock lower loan rates, bigger travel rewards, and stress‑free purchasing power tomorrow.

 

At 1st Community Credit Union, we’re all about helping our members make informed financial decisions. Buying a car is one of the biggest purchases most people make, and it’s easy to get caught up in the excitement of a shiny new ride. However, costly mistakes can turn your dream car into a financial headache. To help you navigate the car-buying process with confidence, we’ve compiled a list of common car-buying mistakes to avoid. Let’s dive in and ensure you drive away with a deal that works for you!

Avoid These Car-Buying Mistakes

1. Skipping the Research Phase

One of the biggest mistakes car buyers make is diving into the process without doing their homework. Research is crucial to understanding what car fits your needs, budget, and lifestyle. Start by identifying the type of vehicle that suits you—do you need a fuel-efficient sedan for your daily commute, a spacious SUV for family adventures, or a rugged truck for work?
Once you’ve narrowed down your options, compared models, and checked reliability ratings, don’t forget to research the car’s resale value, as this can impact your long-term costs. At 1st CCU, we encourage our members to use online tools to compare vehicles and explore financing options before stepping foot in a dealership.

2. Focusing Solely on the Monthly Payment

It’s tempting to focus only on the monthly payment when negotiating with a dealer, but this can lead to trouble. Dealers may offer a low monthly payment by extending the loan term, which means you’ll pay more in interest over time. Instead, negotiate the total price of the car first, then discuss financing.
Before you shop, use our auto loan calculator to estimate your monthly payments based on different loan terms and interest rates. This will give you a clear picture of what you can afford and help you avoid being swayed by a seemingly “affordable” payment that hides a higher overall cost.

3. Not Getting Pre-Approved for Financing

Walking into a dealership without a pre-approved auto loan is like going into a negotiation without a game plan. Dealerships often push their own financing, which may not offer the best rates or terms. Getting pre-approved gives you the upper hand. You’ll know exactly how much you can borrow, your interest rate, and your budget, allowing you to shop with confidence.
Our auto loan process is straightforward, with competitive rates and flexible terms to fit your needs. Apply online and you could be pre-approved in minutes. For an even more convenient loan application, apply within 1st CCU Anywhere online or mobile banking, where many of the application form fields auto-fill with your personal information. Fast and easy!  Plus, having pre-approval shows dealers you’re a serious buyer, which can strengthen your negotiating position. 

4. Overlooking Total Ownership Costs

The sticker price is just one part of the equation. Many buyers forget to factor in the total cost of owning a car, including insurance, maintenance, fuel, and registration fees. For example, a sports car might seem like a steal, but high insurance premiums and costly repairs could strain your budget. Similarly, a gas-guzzling SUV might not be the best choice if fuel prices are on the rise.
Before you buy, research the car’s estimated maintenance costs and fuel efficiency. Check insurance quotes for the models you’re considering to avoid surprises. Choosing a reliable, cost-effective vehicle can save you thousands over the life of the car.

5. Buying More Car Than You Need

It’s easy to fall in love with a car loaded with premium features, but do you really need a top-of-the-line model with all the bells and whistles? Upsells like leather seats, advanced tech packages, or larger engines can inflate the price significantly. Stick to the features that matter most to you and align with your budget.
If you’re unsure what you need, make a list of must-haves. Safety features like adaptive cruise control or blind-spot monitoring might be worth the investment, while a premium sound system might not. At 1st CCU, we’re here to help you weigh your options and find a car that fits both your lifestyle and your wallet.

6. Skipping the Test Drive

Never buy a car without test-driving it first. A car might look perfect on paper, but you won’t know how it feels to drive until you’re behind the wheel. Schedule a test drive to evaluate the car’s comfort, handling, visibility, and technology. Pay attention to details like seat comfort, road noise, and ease of use for controls.
If possible, test-drive the car in different conditions—city streets, highways, and even parking lots—to get a full sense of its performance. Bring along a family member or friend to get a second opinion, and don’t rush the process. A thorough test drive can reveal deal-breakers that save you from buyer’s remorse.

7. Ignoring Used or Certified Pre-Owned Options

Many buyers focus solely on new cars, but used or certified pre-owned (CPO) vehicles can offer incredible value. CPO cars are thoroughly inspected, refurbished, and often come with extended warranties, making them a reliable and budget-friendly option. Plus, used cars typically have lower insurance and registration costs.
At 1st CCU, we offer competitive financing for both new and used vehicles. Before you decide, explore CPO programs from manufacturers and check local listings for well-maintained used cars. You might find a nearly new vehicle at a fraction of the cost.

8. Not Negotiating or Walking Away

Don’t be afraid to negotiate the price of the car. Dealerships often have wiggle room, especially if you’ve done your research and know the market value of the vehicle. Be polite but firm, and don’t hesitate to walk away if the deal doesn’t meet your expectations. There are plenty of cars and dealers out there, and patience can lead to a better offer.
If negotiations feel overwhelming, bring a trusted friend or family member for support. You can also leverage your pre-approval from 1st CCU to show dealers you’re ready to buy on your terms.

Drive Smart with 1st Community Credit Union

Buying a car doesn’t have to be stressful. By avoiding these common mistakes, you can make a smarter, more informed purchase that keeps your finances on track. At 1st CCU, we’re committed to helping our members achieve their goals with affordable auto loans, personalized advice, and tools to simplify the process. Ready to start your car-buying journey? Visit our website to apply for pre-approval, explore our auto loan options, or contact our team for guidance. Let’s get you behind the wheel of your dream car—without the financial pitfalls!
 

Choosing the right financial account can feel like a big decision, but it doesn’t have to be overwhelming. At 1st Community Credit Union, we believe banking should work for you—helping you save more, stress less and manage your money with ease. Whether you’re opening your first account or looking for another option, focusing on the important features can make all the difference. 

Below are five essentials to look for in an account, along with actionable tips to evaluate your options like a pro.

1. Low Fees: Keep More of Your Hard-Earned Money

Let’s face it—nobody likes seeing their money chipped away by unnecessary fees. Low fees are a top priority when choosing an account, because they directly impact how much you keep in your pocket. Monthly maintenance fees, ATM charges, overdraft penalties and transaction costs can add up fast if you’re not careful. At 1st Community Credit Union, we’re proud to offer accounts designed with affordability in mind, so you can focus on your financial goals instead of dodging hidden costs.
How to Evaluate: Check the credit union or bank’s fee schedule, which is usually found on their website or by asking a representative. Look for accounts with no monthly maintenance fees or easy ways to waive them, like maintaining a minimum balance. Compare ATM policies, too. Does the bank offer free access to a wide network or reimburse out-of-network fees? A little research can go a long way. 

2. High-Interest Rates: Make Your Money Grow

Why settle for an account that just holds your money when it could be earning for you? High-interest rates are a game-changer, especially for savings accounts or interest-bearing checking accounts. Even a small boost in your rate can compound over time, turning idle cash into a growing asset. At 1st CCU, we’re committed to helping our members maximize their savings with competitive rates that beat many big banks.
How to Evaluate: Compare annual percentage yields (APYs) across financial institutions—don’t just look at the base rate. APYs reflect how much you’ll earn with compounding. Ask if the rate is promotional (temporary) or standard, and check for balance requirements to qualify. Online tools like rate comparison sites can help, but calling the financial institution directly ensures you get the latest info. Aim for an account that rewards you for saving more.

3. Mobile Banking Capabilities: Convenience at Your Fingertips

In today’s fast-paced world, mobile banking isn’t just a perk, it’s a must. A robust mobile app lets you check balances, deposit checks, pay bills and transfer funds anytime, anywhere. At 1st Community Credit Union, our mobile banking platform is designed to keep you in control, whether you’re at home or on the go. 
How to Evaluate: Whenever possible, download the mobile banking app and test its features before committing. Can you deposit checks with your phone camera? Are there alerts for transactions? Read user reviews in the app store for insights on reliability and ease of use. Bonus points if the app integrates with budgeting tools, give you the ability to apply for a loan within the app, or offers a login with additional security functions.

 
4. Strong Customer Service: Support When You Need It

Whether you’re disputing a charge or figuring out loan options, strong customer service can turn a frustrating experience into a solved problem. At 1st CCU, we pride ourselves on being a member-focused credit union where you’re not just an account number. You deserve a financial institution that listens and delivers solutions fast.
How to Evaluate: Test the waters before signing up. Call the financial institution's customer service line. How long does it take to reach a real person? Are they friendly and knowledgeable? Check online reviews or ask friends about their experiences. Look for credit unions or banks with multiple contact options—phone, email, live chat—and branch access if you prefer face-to-face help. Good service is a safety net you’ll appreciate when it counts.

5. Account Flexibility: Options That Fit Your Life

No two people have the same financial needs, so why settle for a one-size-fits-all account? Flexibility ensures your account adapts to you. Think customizable features, no minimum balance requirements, or easy access to funds. Our credit union offers a range of accounts to match your goals.
How to Evaluate: Dig into the account details. Are there penalties for low balances or limits on transactions? Can you link accounts for overdraft protection? Ask about add-ons like credit card rewards or free financial planning tools. Visit the website or chat with a representative to see how well their offerings align with your habits—whether you’re a saver, spender or somewhere in between.

Take Charge of Your Banking Choice

Picking the right financial and the right account boils down to knowing what you value most, and doing a little homework. Low fees keep your money safe from erosion, high-interest rates help it grow, mobile banking keeps you connected, strong customer service offers peace of mind and flexibility ensures it fits your lifestyle. At 1st Community Credit Union, we’re here to check all those boxes for our members, delivering value with a personal touch.

Ready to find your perfect account? Start by listing your must-haves then compare options from a few banks or credit unions. Visit their websites, call their teams and don’t shy away from asking tough questions. Your money deserves a home that works as hard as you do, and with these points in mind, you’re well on your way to banking smarter.