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Improving Your Financial Life

Blog > 2010 > April
April 28, 2010

In our current tough economic situation, it is very important that you know how to handle money. Learning about money is essential to manage your savings and expenditures.Planning is very essential, when dealing with finances. A good plan will help in avoiding debt and you can save for all your futu...

Category: FCFCU
April 28, 2010

In our current tough economic situation, it is very important that you know how to handle money. Learning about money is essential to manage your savings and expenditures.Planning is very essential, when dealing with finances. A good plan will help in avoiding debt and you can save for all your futu...

Category: FCFCU
April 28, 2010

What are the advantages of credit union banking? Credit unions are nonprofit organizations and becoming a member is relatively easy if you belong to a particular labor union or residential community. The financial services that are offered by credit unions are very much similar to banks, yet credit ...

Category: FCFCU
April 28, 2010

A medical savings account Indianapolis will help you save money for medical expenses. You can open a medical savings account in the local credit union of Indianapolis. The funds deposited in an HSA in Indianapolis are tax deductible and in certain cases the state may offer a higher ta...

Category: FCFCU
April 28, 2010

"My" credit union is a disappointment. I recently applied for an emergency personal loan and was turned down. i realize my credit right now is not stellar but after 24 years of membership and having never defaulted on ANYTHING with you, i would have thought that "my" credit uni...

April 27, 2010

Why is it when a person/persons have credit card debit and never had a late payment one. We cant offer that person a loan to consolidate to help with a lower interest rate and lower payment. I understand you can do a second mortage but NO ONE has equity right now. Why are we giving CHINA all our m...

April 22, 2010

What are reasons to have a medical savings account?It provides tax benefits and retirement options.You can use the funds deposited in the plan for alternative and preventive care.The money deposited is totally yours.Current and future medical expenses are covered by tax free savings.Low insurance pr...

Category: FCFCU
April 22, 2010

During the current recession, now more than ever it is important to really understand the importance of learning about money.Here are some great money education tips:Before making any investment and loan choices, you need to carefully analyze all the options available and choose a plan that best sui...

Category: FCFCU
April 22, 2010

Personal money management can be really tricky in these tough economic times. You will need to be financially savvy to avoid falling into a debt trap. Here are some simple money education tips that will help you manage your finances better.Analyze your finances; calculate your income, expenses ...

Category: FCFCU
April 22, 2010

A health savings account plan can be used to save money for your medical needs in the present and in the future.The biggest advantage of a health savings account plan is that they provide security against high and unexpected medical bills. Even if the funds are not utilized they will remain in the a...

Category: FCFCU
April 22, 2010

Financial Education Indianapolis is a community based financial literacy initiative and it is primarily targeted at young people, who will be able to learn financial skills, which will help them handle their finances well in the future.  We do like to work with other generations as well, though...

Category: FCFCU
April 22, 2010

More than likely, if you are looking into HSA savings then you already know a thing or two about them.  However, we thought we'd include a few additional benefits of such a health savings account plan:The coverage of the HSA health plan is extensive and you can use it to cover a variety of...

Category: FCFCU
April 22, 2010

What are some of the HSA benefits? HSA health plans have a number of benefits when compared with the traditional health insurance plans. Here are some HSA benefits:The funds that you contribute to your HSA bank accounts are completely yours.Health care providers and plans can be changed as per your ...

Category: FCFCU
April 22, 2010

Even when you switch jobs, the money in your HSA is yours. The money that is contributed to the HSA account is as safe as putting it in your individual savings account. The money from the account can also be used for medical treatment anywhere in the country or in another country.The money that...

Category: FCFCU
April 22, 2010

HSA accounts can be used to supplement you current health insurance coverage and allow you to make substantial savings on your health plan. There are a number of plans that are available and factors like age, previous medical history and area of residence that will determine the features of the...

Category: FCFCU
April 22, 2010

HSA health plans cover costs that are normally not covered by traditional health insurance policies like dental expenses, mental therapy, physical therapy, alternative treatments (acupuncture, aromatherapy and homeopathy and ayurvedic treatments), transportation and lodging expenses related to healt...

Category: FCFCU
April 22, 2010

Insurance companies offer HSA health plans which are paired with high deductible health insurance plans and help reduce the premium rates as much as 30%. When you switch from a traditional health insurance plan to health savings accounts plan, you end up saving substantial amounts of money every mon...

Category: FCFCU
April 22, 2010

The funds in your HSA account can also earn interest and the earnings are tax free if the money is used for medical purposes. An individual account can also be assigned to the spouse through a power of attorney.If you don’t withdraw the money from your bank health savings account the fund...

Category: FCFCU
April 21, 2010

A bank health savings account helps individuals and families get tax savings, earn interest, reduce insurance premiums and encourage long term savings. HSA banks have the option of opening an account quite easily. An individual can either apply for the account online or visit the nearest bank that o...

Category: FCFCU
April 21, 2010

A health savings account plan will help take care of all your health care needs. Contributions that you make to this account are tax free and are subject to certain restrictions.You can check the various plans that are available and choose the one that best suits your individual requirement. The fea...

Category: FCFCU
April 21, 2010

An Indianapolis Federal Credit Union serves its members by providing financial assistance by way of loans and credit cards at very reasonable interest rates. The financial education Indianapolis that we provide is intended to help the youth in the community.We have a partnership with ...

Category: FCFCU
April 21, 2010

The Recession has made everyone wary of spending money and most people who mismanaged their finances got into a deep financial mess. Managing money in a sensible way will help live a debt free life, free of any worries. Here are some tips:Keep your expenditures under control and do not indulge in im...

Category: FCFCU
April 21, 2010

Have you fallen in love with the home of your dreams?  Now, do you need a mortgage account Indianapolis?  Or do you need to refinance your home? A credit union, like ours, offers its members the facility to bring their outstanding mortgages, home equity loans, and ...

Category: FCFCU
April 21, 2010

Did you know that funds that are saved in your HSA account can be utilized to pay for any medical expenses, dental and eye surgery, buying prescription drugs and over the counter medications?  It's true.Most banks and credit unions offer these accounts and you check the features ...

Category: FCFCU
April 21, 2010

HSA accounts help save money on health care. Employers who contribute towards their employee’s health plan also save a lot of money. HSA savings for individuals amount to $100.00 - $300.00 per month and over a number of years, this amount becomes quite substantial.Contributions can be made by ...

Category: FCFCU
April 21, 2010

If you need more help with your finances, then you might be interested in our financial education Indianapolis.Here are some other great money education tips!Switch to credit cards with lower interest rates. Credit unions offer credit cards to their members at low interest rates and most of them eve...

Category: FCFCU
April 21, 2010

If you are looking for financial services Indianapolis, you've come to the right place. We will help you handle your money in a better manner, which will help reduce debt. The world has witnessed one of its worst ever recessions and people with bad money management skills have accumul...

Category: FCFCU
April 21, 2010

HSA health plans offer individuals the benefits of a savings account for medical expenses either now or in the future. Most people are not aware of the HSA benefits and are unsure about the entire process of opening an HSA account and the contributions to be made.Health savings accounts FAQ which is...

Category: FCFCU
April 20, 2010

These are some of the most common Health Savings Account FAQ you'll want to know the answers to when you're considering HSA health plans.What is a health savings account?How does a health savings account work?How much does the HSA health insurance cost?How much can be contributed to an HSA in 2...

Category: FCFCU
April 20, 2010

The high costs of medical care can be offset in a smart way, by opening health savings accounts with any bank or credit union authorized for this purpose. HSA banks that offer an IRA (individual retirement plan) usually offer health savings accounts too.The banks that offer these health savings acco...

Category: FCFCU
April 20, 2010

What is a health savings account? A health savings account is a medical savings account with tax benefits, which is available to taxpayers in the United States. These medical plans are the least expensive in comparison to all others available.HSA banks give individuals the option to save money, whic...

Category: FCFCU
April 20, 2010

It is much easier to get a federal credit union credit card than another credit card because credit unions welcome new members and the process gets completed much more quickly than it does at a bank.Some credit unions may ask their members to attend a money management seminar, when they ap...

Category: FCFCU
April 20, 2010

What are the benefits of a federal union credit card? Credit unions are not for profit financial associations which are created by people who have a common affiliation or interest, like a trade union or people living and working in the same place. A federal credit union credit card operates primaril...

Category: FCFCU
April 20, 2010

Most credit unions offer secured cards to their members. You can use a secured credit card to build a credit history. In order to build a good credit history, you will need to only buy what is necessary and not indulge in impulsive shopping.You should also pay off the card every month. In fact, your...

Category: FCFCU
April 20, 2010

Are you thinking about getting one of the credit union credit cards? If you are looking for a card with lower interest rates and fees, then credit union credit cards should be an ideal choice.A credit union credit card is a good alternative to borrowing money from a bank.Contact us at Fina...

Category: FCFCU
April 20, 2010

If you are a member of a credit union you can apply for a credit union credit card. It's advantageous because the interest rates are quite low on the card and most credit unions waive the annual fees for their members.Contact us at Financial Center of Indianapolis for questions that you ha...

Category: FCFCU
April 20, 2010

We need to have a credit card for carrying out day to day normal activities. Whether you are booking an airline ticket, making a hotel reservation, or shopping at a local store, credit cards have become an essential aspect of life.A federal credit union credit card is the preferred ch...

Category: FCFCU
April 20, 2010

A health savings account is a tax saving account that is designed to take care of current and future medical expenses. HSA banks are qualified to accept contributions from individuals and businesses subject to certain limitations for these accounts.In order to qualify for a health savings account, y...

Category: FCFCU
April 20, 2010

I called the Credit Union a few days ago and a young man assisted me. He was polite and he took a misunderstanding with my direct deposit and made it right. He kindly waived the fees for transferring the funds into the correct account. I also discovered a whole pad of checks missing and he stopped p...

April 16, 2010

Are you wondering if you should have a health savings account?  We came up with five reasons to have health savings accounts.1. Monthly premiums are less – High deductible health programs which are necessary for a health savings account can be 20% to 50% lower depending on the p...

Category: FCFCU
April 16, 2010

Interested in joining a credit union to get a better credit card interest rate?Credit unions have the best rates on credit union credit cards and it would be advisable to opt for credit cards from a credit union rather than from a bank, because banks charge very high fees and interest rates.Cre...

Category: FCFCU
April 16, 2010

People are tired of getting bad customer service and high interest rates that are prevalent at most banks and therefore they are gravitating towards having a federal credit union credit card since it offers them the maximum benefits.A credit union bank card has low fees and lower interest rates...

Category: FCFCU
April 16, 2010

A health savings account (HSA) is an account that allows you to put away a certain amount of money every month to save for medical expenses or emergencies.HSA banks or a Indianapolis credit union like us can help you make a contribution or withdrawal at any point in time. HSA information r...

Category: FCFCU
April 16, 2010

A credit union is member focused rather than profit focused, which is what most banks are.The interest rates and fees that are charged for a federal credit union credit card are significantly lower when compared to the bank, as they do not operate for profit.There are a number of people who are opti...

Category: FCFCU
April 16, 2010

A federal credit union credit card has a number of advantages when compared to a credit card from conventional big banks.You are a member of the credit union and not a customer. Credit union bank card terms are better than that of the bank.The fee amounts that are charged by credit un...

Category: FCFCU
April 16, 2010

What are the benefits of a federal credit union credit card? Most people tend to buy credit cards from large banks that offer them at a higher interest rate. A federal credit union credit card offers lower rates and are very customer friendly.What are credit unions? They are non profit financial ins...

Category: FCFCU
April 16, 2010

HSA plans are available for graduate students too. Anyone can contribute to your HSA and the only criteria which needs to be met is that the contribution must not exceed the annual limit.The health insurance premiums are based on age, location, and other factors that are determined by individual sta...

Category: FCFCU
April 16, 2010

What are health savings accounts banks? HSA banks are leading health savings account administrators, which receive contributions from individuals and companies alike.  In fact, any bank which is insured, or a credit union, can be a health savings account provider.Health savings accounts banks t...

Category: FCFCU
April 16, 2010

HSA accounts help balance high health insurance costs. A number of small businesses are helping their employees by making a contribution to an HSA.HSA accounts have become very popular because they offer a great opportunity to pay for current medical expenses and save for future emergencies.The...

Category: FCFCU
April 16, 2010

The biggest advantage of making contributions to HSA accounts is that the interest is totally tax free. If an individual does not want to spend the money that he/she has contributed to the account they can let it stay in the bank.Health savings accounts banks allow withdrawals when you need it for r...

Category: FCFCU
April 16, 2010

A health savings account is a savings account that is tax free and helps you save up for health related medical expenses.Individual contributions up to $3,050 for a single person and $6,150 for families, is allowed legally. There are a number of costs that are normally not covered by the health insu...

Category: FCFCU
April 16, 2010

A health savings account is a savings account that is tax free, and you can make a monthly (or more often) contribution to the account.HSA banks offer individuals the option to save money, which can help them get over any sort of emergency in the future.Health savings accounts banks which receive co...

Category: FCFCU
April 16, 2010

A federal credit union credit card offers the friendliest service to customers. The new federal bill, which is known as the CARD Act has prohibited banks from indulging in practices that are harmful to their credit card customers.The Act stops the banks from charging customers exorbitant fees and ba...

Category: FCFCU
April 13, 2010

Financial Center, an Indianapolis Credit Union, presented a check this week to the American Red Cross for $26,267.93 for the Haitian earthquake relief. The American Red Cross Haiti Assistance Program will continue for the next three to five years providing shelter, improving the water supply and sew...

April 07, 2010

A federal credit union credit card is issued to members of our credit union and comes with a number of protections and benefits, which your bank may not be able to provide.5 Reasons To Have A Federal Credit Union Credit Card: Interest rates are capped – There is a limit to the i...

Category: FCFCU
April 03, 2010

Are you using separate accounts for your banking and bill paying?  Are you still mailing in your bills the old fashioned way?  Or, are you still logging in to the vendor's web site in order to pay your bills?  Doesn't the peace of mind in knowing you can instantly pay your bills anyti...

Category: FCFCU
Your savings federaly insured to at least $250,000 and backed by the full faith and credit of the United States Government: NCUA, Equal Housing Lender, ESI