I Missed A Payment, What Should I Do?

We get it. Life happens. But what should you do when you miss a loan payment or two? Fornisha, Julie, and Tracy are here to help you get back on track to avoid an auto loan repossession in this week’s vlog. Featuring: Fornisha, Julie, and Tracy with 1st Financial Federal Credit Union in St. Louis, … Continue reading I Missed A Payment, What Should I Do?

4 Smart Ways to Use A Home Equity Line of Credit

Do you own a home? Did you know that owning a home gives you additional options when you’re in need of additional funds? Besides just racking up higher interest debt on a credit card? A home equity line of credit could make your life a little easier. A home equity line of credit, also known … Continue reading 4 Smart Ways to Use A Home Equity Line of Credit

How to Financially Prepare for the Next Recession

Recent headlines might have you on edge. You can’t go a day without hearing that a recession is on the horizon. It’s hard to believe that it’s only been a little more than a decade since the recession of 2008. Back then I was still living at home with my parents and not financially taking … Continue reading How to Financially Prepare for the Next Recession

What is Overdraft Protection and Why is it Important?

Let’s face it — anyone can make an honest mistake. We may forget to make a deposit or forget that we paid for a bill ahead of time. There are several reasons why account holders may make a miscalculation or minor budget oversight — even for the most financially savvy among us. Thanks to the … Continue reading What is Overdraft Protection and Why is it Important?

Making an Impact on Our Community

1st Financial Federal Credit Union is more than just a banking institution. Like all credit unions, we were created with a philosophy of ‘People Helping People’. We’re more than just a checking account or auto loan service provider.  We are a not for profit community development financial institution, using our limited resources to change lives … Continue reading Making an Impact on Our Community

4 Identity Protection Tips for Summer Vacation

Have big summer travel plans? Warm weather, sunny beaches, and theme parks – these are the hallmarks of summer vacation. Unfortunately, so is identity theft. Vacationers often unknowingly leave their personal information exposed to thieves while traveling, which can turn a worry-free break into a prolonged and stressful fight to reclaim a stolen identity. Before … Continue reading 4 Identity Protection Tips for Summer Vacation

Summer Spending: 4 Cash-Burning Mistakes to Avoid this Season

Summer is a time for family fun and outdoor activities, but also one of increased spending. According to consumer credit reporting agency Experian, consumers surveyed spent an average of $2,275 per person on vacations in 2016, with $1,308 of that amount on credit card spending. Fortunately, there’s a way to maximize summer fun while minimizing … Continue reading Summer Spending: 4 Cash-Burning Mistakes to Avoid this Season

Your Summertime To-Do List

Summer is officially here and kicks off this month, school is out, daylight stretches out even longer, and pool days become an everyday activity. As your June calendar is filling up with pool days and backyard cookouts, make sure you build in a little time to keep your finances on track. June is a great … Continue reading Your Summertime To-Do List

How to Have a Fun Summer on a Hot Dog Budget

Summer is here. Your kids are finally free from school and they’re eager to make the most of it. But how can you make the most of it without breaking the bank? Fortunately, we’ve got some tips that’ll help you create those summertime fun memories without building up excessive debt. Use the summertime months to … Continue reading How to Have a Fun Summer on a Hot Dog Budget

How to get rid of PMI (aka Private Mortgage Insurance)

My husband and I bought our home in 2016 with a down payment of less than 20%. So, our lender required us to buy Private Mortgage Insurance (PMI). The same goes if you refinance your home with less than 20% equity. Since buying our home, our home’s value has risen, so now we are looking … Continue reading How to get rid of PMI (aka Private Mortgage Insurance)