The Update

Let Rio Grande CU Help with Your Summer Plans!

The summer season is finally here!

The BBQs are HOT! The pools are COLD! And using Rio Grande CU to save on your various summer plans is COOL!

The warm weather lends itself to outside activities. Whether you are looking to take a vacation, or thinking of tackling some of those home projects, Rio Grande Credit Union has resources to help you achieve your goals.

Here are a few ways RGCU can help with your summer plans:

Open a Savings Account for a Beach Vacation

Or a destination vacation! Or a vacation visiting family. Really, any type of getaway. But what’s the thing that all these vacation types have in common? They can cost a pretty penny.

Start saving now by opening a dedicated vacation savings account. Once you have figured out how much your vacation will cost, open an account with only $25 to start earning dividends. You can automatically deposit money each paycheck or make deposits here and there. Before you know it, you’ll be living your best life on holiday!

Members can also Make the Change and boost the vacation account little by little with everyday purchases. Your daily debit card transactions are rounded-up to the next dollar amount and the difference is deposited into your designated RGCU savings account. Basically, you turn your spare change into savings funds for your summer vacation!

Leverage your Home’s Equity to Help a Home Improvement Project

Have you been considering switching to refrigerated air? Would a pool in your backyard entice the grandkids to visit more? Are you tired of seeing the wood paneling that has blessed your house since 1985?

Turning your home equity into cash is a great way to fund these projects. RGCU offers great home equity loans to members. Upon acceptance you get a lump sum of money to use for projects or debt consolidation. Your home equity loan is repayable over a fixed term, gives you a secure, locked-in rate, and a consistent monthly payment.

Using your home’s equity for home improvement projects is a smart choice for multiple reasons. For one, the money you put into the renovations acts as an investment. If you choose improvements that increase your home’s value, you can make back the money you spent or even see a return when you sell your home. Also, if you use the funds from a home equity loan to increase your home’s value, you may be able to deduct the interest paid on the loan from your taxes (be sure to consult with your tax adviser if you plan to go this route). For more information, visit the IRS website.

Take the Family to a Ballgame and Earn Double Rewards

Is there anything more summertime than baseball? We don’t think so. The ABQ Isotopes don’t think so either! When you use your RGCU debit and credit cards in Isotopes Stadium at Rio Grande Credit Union Field you earn double the rewards! Buy all the peanuts and crackerjacks!

Your RGCU rewards aren’t just good at the ballpark, either. The more you spend the more you earn. All your summertime purchases can be used towards cash back, gift cards, purchase rebates, travel, and more!

If you’re going to spend this summer, make sure you use your RGCU card, so you don’t miss out!

Rio Grande Credit Union is Always Here for You

We are always here to assist our members. If you’d like more information about how we can help you materialize your summer plans, stop by one of our branches or give us a call at 505.262.1401.