Madison Credit Union Blog

Financial Advice for High School Graduates

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High School gradIf you’ve recently graduated from high school, congratulations! Making it through all those years of schooling is no small feat.

Now, however, you’re potentially facing one of the biggest decisions of your life: Will you continue on with your education, or will you get a job? Maybe, you’ll do both! Continue reading Financial Advice for High School Graduates

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In Memoriam: Jon L. Lowrey, CEO and President of DCCU

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Announcing the passing of DCCU's CEO, Jon Lowrey
Jon Lowrey

Dane County Credit Union is saddened to announce the unexpected passing of its Chief Executive Officer and President, Jon Lowrey, on June 25, 2018. Jon has been with the credit union since 1996, serving as CEO since 2005. In response to this tragic event, the Credit Union’s Board of Directors held an emergency meeting and appointed Shay Santos, Executive Vice President, to serve as Interim Chief Executive Officer.

Joe Guastella, Chairman of the Board, issued the following statement on behalf of the Board of Directors: “We are all deeply saddened by the loss of a great leader, mentor, and friend. I would like to express our appreciation for the contribution Jon has made to our credit union and the credit union industry as a whole. He was a man of integrity and honesty and will be greatly missed. On behalf of everyone at Dane County Credit Union, we extend our sincere condolences to the Lowrey family.”

Visitation and Funeral have been finalized with Gunderson East Funeral and Cremation Care.

The credit union will continue to be open as usual. Jon’s passion was always to serve our members in the best way possible. The DCCU staff, management and Board will continue to carry that on today and every day.

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How Do I Start Saving For Retirement If I’m 45?

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If you're 45, you can still save for retirement.
At 45, you can still save for retirement.

If you’re 45 and haven’t begun saving for retirement yet, know that you’ve got some major work cut out for you. But, also, know that you’re not alone; though it’s not ideal, plenty of people haven’t saved a penny for retirement at your age. In fact, according to CNBC, the median retirement savings for those between 32 and 61 years old is $5,000. Continue reading How Do I Start Saving For Retirement If I’m 45?

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Como empiezo a ahorrar para retirarme si tengo 45

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Spanish version of Retirement savings at 45.
You still have time to save for retirement if you are 45.

 

Si tiene 45 y aún no ha empezado a ahorrar para su retiro, sepa que tiene mucho trabajo por delante. Pero aunque no es ideal, sepa también, que no está solo. Hay mucha gente que no ha empezado a ahorrar ni un centavo para su retiro a su edad. De hecho, según CNBC, el promedio de ahorros para retiro de personas entre 32 y 61 años de edad es de $5,000. Continue reading Como empiezo a ahorrar para retirarme si tengo 45

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Climbing Out Of A Financial Hole – A Personal Story

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DCCU staffer shares personal story of how she is getting out of a financial hole.
DCCU’s Alyssa H.

People get into financial trouble for many different reasons. The good thing is that there are a variety of ways of getting out of a financial hole. The most important thing to remember is that you are not alone, especially at this Madison credit union. Continue reading Climbing Out Of A Financial Hole – A Personal Story

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Travel Hacking Simplified: Can You Really Fly For Free?

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Adult lady with backpack looking at map of Bangkok
Travel Hacking Expert

There’s a giant world out there just full of things to explore — countries you’ve never been to, oceans you’ve never swam in, foods you’ve never eaten. You read about these places, you see them on TV, and you enviously scroll through endless Instagram feeds of strangers traveling to these distant lands. Continue reading Travel Hacking Simplified: Can You Really Fly For Free?

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3 Options For Your 401(k) When Changing Jobs

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Consider your retirement fund for future benefits
What to do with a 401k when you change jobs.

If you are lucky enough to be leaving your current employer for bigger and better things, there are probably a lot of things on your mind. One thing you shouldn’t lose sight of in the shuffle is what to do with your 401(k)–especially if you’re currently at your first  401(k)-offering job. Continue reading 3 Options For Your 401(k) When Changing Jobs

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