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Combating COVID-19 Fraud

(May 29, 2020) - The United States Department of Justice Be aware that criminals are attempting to exploit COVID-19 worldwide through a variety of scams.  If you think you are a victim of a scam or attempted fraud involving COVID-19, you can report it without leaving your home by calling the Department of Justice’s National…

The Credit Union National Association advocacy results in Fed removal of Reg D account transfer limit

Depository institutions, like DuTrac are now able to immediately suspend enforcement of the six-transfer limit and allow consumers and members to make an unlimited number of convenient transfers and withdrawals from their savings deposits. Previously, after consumers reached the limits, they could only access funds through ATM or branch visit.

SBA Paycheck Protection Program

Providing access to the resources you need to get through these unprecedented times is one of DuTrac's top priorities. To best serve you, we’ve partnered with Kabbage to connect you with these loans to help you cover payroll, rent, utilities and other eligible debt obligations. Click here to apply. If you need assistance when filling out…

Unemployment Filing

• DuTrac's routing number: 273974549 • The checking or savings account number you would like the payment deposited into. (No subshare accounts.) If you would like your payment deposited into your DuTrac savings account, please select the savings option on your form(s) and provide your membership/account number. (Do not include any dashes. Do not add…

Emergency Relief Fund

(March 26, 2020) - Credit Union Community: "People helping people" is more than just something we say. Credit unions live this out in their daily lives and come together in times of need to help our community members. Yesterday ICUF announced the launch of a new emergency relief fund for Iowa credit union members in…

COVID-19: Iowa Small Business Relief Program

The Iowa Small Business Relief Program, organized by Iowa Economic Development Authority, Iowa Department of Revenue and Iowa Workforce Development, will provide grants to small businesses and tax deferrals to any Iowa business disrupted by COVID-19. The program launches at 8 a.m. Tuesday, March 24, and businesses may access the application on this page of the…

Crisis Financial Planning - Six Things You Can Do Right Now

(March 25, 2020) - The spread of Coronavirus (COVID-19) and subsequent developments have left many of us feeling unsettled. Please be assured, DuTrac Community Credit Union is doing everything possible to keep our employees, members, and your money safe while delivering the highest level of member service possible. 1. Take care of your taxes. Like most…

Coronavirus Scams

We all know first-hand how much of an impact COVID-19 is having on our daily routines. During this time of panic, anxiety, and fear, criminals are seeing opportunity. Stay educated and diligent on the ever-changing fraud schemes impacting consumers.Please click on the link below to access the article.

Deposits Are Safe in Federally Insured Credit Unions

(March 19, 2020) – The National Credit Union Administration is reminding credit union members of the safety of their deposits in federally insured credit unions. The NCUA also reminds individuals to remain vigilant against COVID-19-related scams. Federally insured credit unions offer a safe place for credit union members to save money. All deposits at federally…

Streamline Your Finances Online

(March 10, 2020) - Streamlining your finances with online tools is about more than just saving time—it helps you avoid late fees and overdraft fees along with saving you money. Americans now pay the majority of their bills through some form of electronic payment: online bill pay, ACH debit, credit card or debit card. According…

DuTrac Community Credit Union Gifts $1.3 Million to Iowa Credit Union Foundation

The DuTrac Fund will provide resources statewide to Iowans in need Andrew Hawkinson, DuTrac President & CEO; Jaimie Miller, Iowa Credit Union Foundation Executive Director; Jason Norton, DuTrac Senior Vice President of Marketing and Business Development. (West Des Moines, Iowa) – DuTrac Community Credit Union is pleased to announce their recent gift of $1.3 million…

12 Smart Things To Do With Your Tax Refund

(January 15, 2020) - A tax refund marks a great chance to set yourself in a better position for the future. If you’re getting a windfall from the IRS, here are a dozen great ways to make sure your money continues to work for you. 1. Have a little fun! Have (a little) fun! It’s…

As Internet Usage Increases So Do Opportunities for Cybercriminals

(January 8, 2020) - As access to financial services becomes more technology driven, with improved security features, scammers and fraudsters are evolving just as quickly in order to take advantage of the unwary or uninformed consumer.  With an estimated impact of $6 trillion by 2021 (Gemalto.com), cybercrime may not only be financially devastating - it…

Checklist For The First Time Home Buyer

(December 5, 2019) - There are a few important steps to mark off on a “First Time Home Buyer Checklist” before making that first big home investment. Although each step may take some time to achieve, some steps may not require much time at all depending on the financial and credit situation of the buyer(s). Please…

Three Must-Do Money Moves for Milleninials

(October 25, 2019) - Life is full of decisions, some bigger or more impactful than others.  This is fairly obvious. What's not so obvious is that some seemingly small decisions you make as a young person - we're talking about money decisions - can have life-changing consequences, both good and bad. To focus on the…

Holiday Budget Game Plan

(October 8, 2019) - Plan ahead now and skip the spending stress with these tips for a smarter, debt-free holiday season. Financial stress can take the joy out of the holiday season, but there are some small steps you can take to limit spending during this time of year. Budgeting: Budgeting is one of the…

Money Strategies for the Self Employed

(Monday, September 16, 2019) - It's feast or famine for a lot of self-employed individuals including freelance writers, artists, seasonal workers, and those working on commission, but it doesn't have to be.  With a budget and some discipline, even workers with fluctuating incomes can experience some of the stability that their 9-to-5 friends and relatives…

How to Pay for College the Smart Way

(Wednesday, September 4, 2019) There are many types of student aid with varying eligibility requirements and options to consider. Federal Student Aid - there are nine different programs funded by the federal government.State-Based Aid - There are 605 different programs funded by individual states, with various eligibility requirements.  To find all program in your state,…

Building Your Savings

(Wednesday, August 21, 2019) Savings vs. Investing At any point in time, a person’s income probably won’t always be enough to cover all of the expenses when there is a time of need. As a result, plan sooner, rather than later, to implement a savings strategy to begin, or increase, personal savings levels as needed…

Moving Up: Weighing Whether to Rent or Buy

(Friday, August 2, 2019) Buying a house can be a life-changing experience.  Each step along the home ownership journey requires either a good deal of time or money: The time to select and meet with a mortgage lender and gather the necessary information to determine the borrower's qualification for a home mortgage;The time to collect,…

Using Credit Wisely

(Thursday, July 17, 2019) Credit is an Important Financial Tool (Good credit) allows consumers to purchase many different kinds of goods and services including some of the most expensive such as college tuition, new vehicles or even a home, without having to immediately pay cash;Over time, consumers use of credit builds consumers' credit reputations -…

School Shopping for Young Families

(Tuesday, July 9, 2019) - It's mid-summer and almost back-to-school time - translating into hundreds of dollars in added expenses for families as they purchase clothing and supplies for their children to begin the new school year.  Worse yet, spending for school supplies, if not carefully planned for and budgeted, can add up all too…

Teaching Children About Money

(Wednesday, June 19, 2019) - Parents teach their children many life lessons.  From learning the basics of walking, speaking and eating to the more complicated lessons of using good judgement in decision making and socializing properly with others. Evaluations returned from DuTrac's recent financial literacy fair reflected 22.5% of students thought core financial literacy skills…

Brief Tips for Those That Have Lost a Loved One

(Wednesday, June 5, 2019)  - Losing a spouse is not an easy journey. Often, grief is set aside to deal with the ongoing practical matters of everyday life and the new reality of handling household finances as an individual rather than as a couple. The good news is there are a number of resources to…

Young Adults - Watch Out For the Onslaught of Credit Card Offers

(Friday, May 31, 2019) - Used responsibly, credit cards can be helpful in an emergency and for establishing a sound credit history. Paying debts on time, including credit card bills, contributes to building good credit. If a card holder doesn’t honor their payment agreement, your credit rating can be damaged and you may not be…

PINs Caught On Camera at Drive-Up ATMs

(Thursday, May 2, 2019) – Provided by CUNA Mutual Group  ATM skimmers or shimmers alone don’t capture PINs. For that, fraudsters often rely on tiny hidden camera overlays. Unfortunately, ATM tampering continues to plague credit unions and members. Recent reports show that fraudsters have cleverly focused on drive-up ATMs since people are less likely to…

What to Know About Caller ID Spoofing

What to Know About Caller ID Spoofing (Thursday, November 29, 2018) By its literal definition, to spoof is to: Imitate something while exaggerating characteristic features for comic effect Hoax or trick someone "Spoofing" occurs when a caller deliberately falsifies the information transmitted to your caller ID display to disguise their identity. Spoofing is often used…

FICO Plans Big Shift in Credit-Score Calculations

FICO Plans Big Shift in Credit-Score Calculations (Tuesday, October 23, 2018) Fair Isaac Corp. , creator of the widely used FICO credit score, plans to roll out a new scoring system in early 2019 that factors in how consumers manage the cash in their checking, savings and money-market accounts. It is among the biggest shifts…

Free Credit Freezes For You And Your Child

(Tuesday, October 2, 2018) - According to the Federal Trade Commission, a new federal law allows you to get free credit freezes for yourself and your children, and year-long fraud alerts. Currently, you may be charged fees to freeze and unfreeze your credit, depending on which state you reside in. How Credit Freezes Work Freezing…

7 Ways The Fed’s Decisions On Interest Rates Affect You

(Friday, June 8, 2018) – By Katherine Reynolds Lewis. 7 Ways The Fed’s Decisions On Interest Rates Affect You IN FEDERAL RESERVE When the Federal Reserve raises interest rates, you feel it. “The Federal Reserve has its fingers in your pocketbook to a greater degree than the IRS,” says Michael Reese, a CFP professional in…

Tips to Avoid Being Scammed

(Thursday, May 10, 2018) – Provided by the Dubuque Police Department. • Question everything. The old saying “if it seems too good to be true, it probably is” remains accurate. • Research. Never make a hasty decision when it comes to providing personal information, account information and/or sending/giving money. Take a few minutes to verify…

Important Tax Fraud Alert

(Tuesday, March 20, 2018) – Provided by IRS Government. Just days into the start of the 2018 filing season, the IRS identified a new scam in which cybercriminals have stolen client data from tax professionals and filed fraudulent refunds using real taxpayer information, including bank account and routing information for direct deposit.The fraudster then contacts…
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