Blog - Page 5 of 24 - Utah First Credit Union

Aug 12, 2022 / Local Utah

Are You A Good Fit for a Small Business Loan?

Don’t be fooled by the name: a small business loan can have big business benefits. Still, you may be wondering if your business is a good financial fit for a small business loan. Whether you’re trying find some startup capital, finance equipment or construction costs, or move into your own space, there’s a small business…

Aug 05, 2022 / Money Tips

Three Tips for Following Through with Your Financial Goals

Today, it seems that everyone is an expert on the topic of personal finance and they all seem know exactly what you should be doing with your money. What they seem to miss, however, is that personal finance should be—as the name implies—personal. After all,…

Jul 30, 2022 / Money Tips

What Do Rising Interest Rates Mean for You?

Interest rates are rising and the sky is falling! Okay, it’s not all doom and gloom. Yes, the Federal Reserve recently raised rates. And yes, more increases may be coming, but there are both good and bad things about rising rates, and it all impacts…

Jul 22, 2022 / Credit

How Does Revolving Credit Work?

Revolving credit makes the financial world go ‘round. It can also keep you from having to run circles in your financial life to apply and reapply for loans. Here is a brief overview of this revolutionary credit concept and some ways it can help you…

Jul 15, 2022 / Local Utah

Utah First Credit Union Wins 8th Straight Crystal Performance Award

All credit unions are created equal, right? It’s easy to fall into the trap that all financial institutions are alike—safe places to store and borrow money without any real substantive differences. But pay attention to the little details, and you’ll find that some credit unions…

Jul 08, 2022 / Money Tips

Understanding Term Deposits: Easy Investments with Guaranteed Growth

These days, it seems that economic uncertainty is everywhere you look. Supply chain and labor shortages have disrupted many industries, inflation is at a 40-year high, and the stock market has been incredibly volatile. While no one knows exactly what the economic picture will look…

Jun 24, 2022 / Home Equity

3 Reasons to Improve Your Property this Summer

The Federal Reserve just announced an increase in interest rates, which means the cost of borrowing money is going up. It’s a move that affects nearly everyone, but according to Bankrate, would-be homebuyers may feel the most immediate impact. That’s because home prices are still…

Jun 17, 2022 / Auto & RV

What’s Your Loan Language?

Do you know your loan language? Every borrower wants something slightly different from their loan and lending relationship. And it makes a lot of sense. After all, your loan isn’t just a fleeting financial transaction. You’re entering into a meaningful, long-term relationship and it’s important…

Jun 06, 2022 / Credit

Are You Creditworthy? (Cringe)

Creditworthiness. It just might be the cringiest word in the entire financial dictionary. At the very least, it evokes feelings of unfair financial judgment—separating the haves from the have-nots and generally making a certain percentage of the population feel less than stellar about their current…

May 27, 2022 / Money Tips

How to Choose the Right Checking Account

A checking account is a checking account is a checking account. You put your money in, you take your money out, you get a little interest, and that’s what it’s all about. You can find the same hokey-pokey routine at every bank or credit union…