• What's the Best Way to Pay Off Debt? Snowball vs Avalanche Method

    posted July 2, 2020 in Articles

    Would you prefer an avalanche or a snowball? We're talking about paying off your debt. In the snowball method, you pay off the smallest debt first, then move to the next smallest, etc. The avalanche method works the same way, but you take the debts in order of highest interest rate. You'll achieve quicker gratification with the snowball method, but the avalanche method can save you big bucks. If you're confused, there are online calculators that can help you decide which one to choose...

  • 8 Ways to Celebrate Father's Day at Home

    posted June 11, 2020 in Articles

    Do you plan on being stuck inside during Father's Day? We have some ideas to help you celebrate dad at home!

  • Father's Day Gifts That Mean Everything and Cost Almost Nothing

    posted June 2, 2020 in Articles

    We have some nifty ideas to help you celebrate dad this Father's Day without overspending. Sometimes the most meaningful gifts can cost nothing, but mean everything! Whether it's working on an activity together, an inexpensive gift, making something, or going to an event, we have plenty of ideas to help you show dad how much you appreciate him.

  • How Can I Use a Job Loss as a Stepping Stone for Growth?

    posted May 21, 2020 in Articles

    If you're facing job loss, it's not the end of the world. This is a great time to step back, consider the career goals you had in the past, and see where you need to be to get there. Figure out your dream job and see what you need to make it real! You'll need a resume, of course, and there is online help for that, or you can hire a resume pro to help you craft one.

  • Financing a Renovation with a Home Equity Loan

    posted April 28, 2020 in Articles

    If spring cleaning also means home renovation, you'll want to look into a home equity loan (HEL) or home equity line of credit (HELOC). With both, you're borrowing against the equity in your home, and you'll pay much lower rates than with other types of financing. There are origination fees, and you'll want to be sure to keep up the payments. Just like defaulting on a mortgage, failure to pay back a home equity loan can cost you your house.

  • Financial Tips from GICU Staff

    posted April 28, 2020 in Articles

    With April being Financial Literacy Month, the Greater Iowa Credit Union staff wanted to share their favorite tips that help them reach their personal financial goals.