Monthly Archives: February 2022

Sinking Funds, A New Way to Save

Most people have never heard of a sinking fund. Typically you start with a savings account. Next, you add a checking account which is typically used to pay bills and other expenses. Savings accounts often serve as an emergency fund that is rarely touched. Others use it as a revolving account where money is often… (read more)

2021 Taxes: 8 Things You Need to Know About

Last year’s tax season was complicated, thanks to the pandemic. Now, 2021 tax filings may be shaping up to be the same. Covid-19 continues to create challenges, and stimulus money, unemployment benefits, and the child tax credit can make it more complicated. With all the shifts, it’s essential to keep on top of changes and… (read more)

Why should You Vote in FFCCU’s Board of Directors Election?

What do you imagine a board of directors looks like? You may picture starched-suit business people, far removed from the community and business they manage. However, at FFCCU we’re different. It’s why we give our members the option to vote for the board of directors each year. Our board of directors is made up of… (read more)

Why It’s a Good Idea to Have Vacation and Holiday Club Accounts

When’s the last time you went on vacation. Go ahead. Think about it for a minute. We’ll wait. If you can’t remember, (thanks COVID!) then you probably need to get away. Of course, if the funds in your savings account are low, perhaps due to Christmas shopping, you may want to open vacation and holiday… (read more)