At The Family Credit Union (TFCU), we’re committed to helping members reach their goals with personalized support and financial solutions. Whether you’re buying your first home, planning for the future, or seeking a trusted financial partner, we’re here to guide you every step of the way.
Our members’ success stories showcase our dedication to low rates, financial education, and outstanding service. Here’s how we’ve made a difference in their lives.
Helping Members Keep More of Their Hard-Earned Money
Banking shouldn’t come with endless fees and high interest rates. We prioritize keeping costs low for our members while offering the best financial solutions to fit their needs. Maxwell Richard has experienced firsthand how The Family Credit Union helps him make the most of his money:
“My credit union has kept money in my pockets throughout the years—low interest rates on loans and no fees on my checking and savings accounts. I never have issues and love their recent focus on Financial Wellness… shows how much they care about their members.” -Maxwell Richard
Our commitment to financial wellness means we go beyond banking—we offer the tools and guidance needed to build a strong financial future.
Turning Homeownership Dreams Into Reality
Buying a home is one of the most significant financial decisions you’ll make, and we’re proud to help our members navigate the process of a home loan with confidence. Mark Uecker, a first-time homebuyer, found the support and expertise he needed at The Family Credit Union:
“My family recently moved to Muscatine and we needed to find a lender for a mortgage. Family Credit Union was GREAT to work with. As a first-time homebuyer, I had a ton of questions. They never got frustrated no matter how dumb the question was, and everything on their end could not have gone smoother. We are so happy that we used them for our mortgage!” -Mark Uecker
From competitive mortgage rates to personalized guidance, we’re here to make the home-buying process smooth, stress-free, and rewarding.
Providing Personalized Financial Guidance
Understanding savings, investments, and retirement planning can feel overwhelming, but we’re here to help. Our team takes the time to research and provide tailored advice to help members make informed financial decisions. Dylan Parker appreciated the extra effort we put into his financial planning:
“Very helpful tellers and bankers at this branch. I’ve discussed at length things like college savings funds, ROTH IRAs, and traditional IRAs. They went out of their way to do some research for me.” -Dylan Parker
Whether it’s planning for retirement, saving for your child’s education, or managing day-to-day finances, we are dedicated to helping our members reach their goals.
Experience the Family Credit Union Difference
At The Family Credit Union, we believe in providing more than just banking services—we provide a community of support, guidance, and financial empowerment. Our members trust us because we put their needs first, offering personalized solutions that help them thrive.
If you’re looking for a credit union that values you as more than just an account number, join The Family Credit Union today. Let us help you achieve your financial dreams—because when you’re a member, you’re family. Contact us today to learn more about our services and how we can help you on your financial journey!
When interest rates drop, it’s an excellent time to rethink your financial strategies. At The Family Credit Union (TFCU), we’re here to help you make the most of the latest rate cut with solutions tailored to your needs.
Refinance Loans for Better Terms
If you have loans with higher interest rates at other institutions, refinancing could be a game-changer. By transferring those loans to TFCU, you can benefit from lower monthly payments and significant long-term savings. Even a small rate reduction can result in thousands of dollars saved over the life of a loan.
Credit Card Balance Transfers Made Easy
Are high-interest credit card balances holding you back? Transferring your balances to a TFCU card could reduce your interest payments, freeing up funds for other priorities. Credit card balance transfers not only save money but also simplify your finances by consolidating multiple payments into one manageable account.
Streamlined Loan Requests for Members
Already a TFCU member with an existing loan? We’ve made it easier than ever to request additional funds. Forget the need for branch visits—just call or email us to start your application. Our dedicated team ensures quick processing so you can access funds without delay.
Why Choose TFCU for Your Financial Needs?
At TFCU, we prioritize our members by offering competitive rates, personalized service, and a community-focused approach. We strive to build lasting relationships, helping you achieve financial stability and success.
Act Now to Maximize Savings
Don’t let this opportunity pass you by! Lower rates mean it’s time to act—whether you’re refinancing a mortgage, transferring credit card balances, or planning for a major purchase. Contact us today to learn more about how we can help you take advantage of the latest rate cut. Our team is ready to assist you in finding solutions that work best for your unique financial goals.
Your brighter financial future starts with TFCU!
Whether you’re purchasing a home for the first time, or just refinancing your current home, the entire process can be a bit overwhelming. The saying that”Knowledge is Power” is key when it comes to mortgages. The more information that you know, the more confident you will feel. Learning about mortgages can be complicated, so we created a list to help you learn the basics.
What Exactly is a Mortgage?
A mortgage is basically a loan. It allows home buyers to borrow extra money that they need to purchase a home, while agreeing to pay it back in the upcoming years. This may seem like a huge financial burden, but mortgages allow you to invest in an asset with hopes that its value will increase over time. This can add to your financial portfolio, give you a tax break, and a place to live. Home buyers put down a down payment upfront, and a financial institution, like a credit union, provides the rest of the money in a loan. Once you agree to repay the money, plus interest, you are to pay it back within a certain number of years. If you don’t pay the money back, you have to put your house up for collateral. The bank or credit union can seize the house, and this is referred to as a foreclosure.
What You’ll Pay
Mortgages typically consist of payments for principal, interest, taxes, and insurance. However, unless you are a high risk borrower, you can choose to pay taxes and insurance separately. This will make your mortgage payment lower.
- Principal: This is the original amount you will pay for your mortgage. The bank/credit union will decide how much they will lend you based on: income, credit, and the amount you pay on your down payment.
- Interest: This is the cost of borrowing money. Once you decide to take out a mortgage, you will get an interest rate. This will determine how much you are paying a lender to keep lending.
- Taxes: Homeowners pay property taxes to contribute to the city, school district, and county/state. These taxes can be included within the mortgage.
- Insurance: Homeowners make payments for insurance to protect against fire, theft, or other disasters.
How to Calculate Your Mortgage
A mortgage calculator is a good tool to provide you with general information regarding a mortgage.
Let The Family Credit Union Help You with Your Mortgage Needs
Want to learn more about mortgages? The Family Credit Union has created a free Family Mortgage Guide to help prepare you better for purchasing your home. Please contact The Family Credit Union with any questions you may have. We are happy to assist you and hope that you choose The Family Credit Union as your mortgage lender.
