When deciding where to open a new account, you have several options, including different types of banking institutions. We’re here to highlight why banking with a credit union, like The Family Credit Union, offers a unique set of benefits that you might not find with traditional banks. Many people are unaware of the exceptional advantages credit unions provide. Here’s why choosing The Family Credit Union can make a significant difference in your financial life:
Texting for Quick Assistance
In today’s fast-paced world, convenience is key. We’re excited to offer a NEW texting service that allows you to reach us easily at 563-388-8328. This secure service provides a quick way to get answers to your questions and learn more about our offerings. For your security, please avoid sharing sensitive information such as account details or social security numbers through text. This new feature is designed to make your banking experience smoother and more accessible.
Higher Returns on Deposit Accounts
One of the standout benefits of credit unions is their not-for-profit structure. Unlike traditional banks, we don’t operate to maximize profits. Instead, we reinvest our earnings into the credit union, which translates to higher returns on your deposit accounts. This means you can enjoy better interest rates and more favorable terms, maximizing the growth of your savings.
Better Loan Rates
Once again, because credit unions are not-for-profit, they offer very competitive loan rates. Credit unions don’t need to maximize their profits, so they have no need to give you high rates. Credit unions are very competitive lenders. Need student loans, a new car, buying a home? Consider a loan with a credit union.
Personalized Financial Wellness
Take advantage of our free financial wellness benefit. TFCU’s Financial Wellness service offers personalized guidance to help you budget, build credit, and reach your money goals.
Our Financial Wellness Services Include:
- Budgeting – Personalized Savings and Spending plans / Money Management
- Credit Checkup / Improvement
- Goal Planning
- Financial Scams and Identity Theft
- Debt Management
- Community Resources
Comprehensive Financial Education Resources
Improving your financial literacy is crucial, and The Family Credit Union offers a variety of resources to help you learn and grow:
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Banzai: Enhance your financial skills with Banzai! This program offers coaching, real-life scenarios, and resources for kids, teens, and adults, helping you manage debt and improve financial wellness.
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Credit Sense: Monitor and improve your credit score with Credit Sense, powered by SavvyMoney®. Get ongoing access to your score and personalized advice to save money.
- Zogo: Learn financial literacy through Zogo’s gamified app. Complete fun lessons on money management and earn rewards from your favorite brands.
Convenient Branch Locations
We strive to be as accessible as possible with multiple branches ready to serve you. Find the nearest location or contact us with any questions:
- Davenport Main Branch: 1530 W 53rd Street Davenport, IA, 52806
- Davenport Jersey Ridge: 2238 Jersey Ridge Road Davenport, IA, 52803
- Davenport Downtown Branch: 1400 W Rockingham Road Davenport, IA, 52802
- West Locust Street Branch: 4402 West Locust Street Davenport, IA, 52804
- Bettendorf Branch: 3355 Devils Glen Road Bettendorf, IA, 52722
- Silvis Branch: 1600 John Deere Road Silvis, IL, 61282
- Perry Branch: 720 1st Avenue Perry, IA, 50220
- Muscatine Branch: 3200 Highway 61 North Muscatine, IA, 52761
- JBS Plant Branch: 8295 Arenzville Rd Beardstown, IL 62618
- Omaha NE Branch: 3001 L Street Omaha, NE 68107
We’re committed to your financial well-being and our community. Contact us today to open a new account or learn more about the many benefits of banking with The Family Credit Union. At The Family Credit Union, you are more than a member, you are Family. Contact us today to learn more about opening a new account or about the many benefits of banking with a credit union.
