It was a busy summer of giving for the leadership at Ascentra Credit Union. This summer, 36 organizations and charities throughout Eastern Iowa and Western Illinois received $17,000 in Leadership Grants awarded by the Ascentra Credit Union Foundation. In 2015, the foundation committee wanted to support the causes that the volunteer board of directors and… Read More


worried couple

Money worries are rampant among Americans. A recent survey by Ohio State University found that 70 percent of the nearly 19,000 students surveyed reported feeling stressed about money. Half worried about not having enough money for daily expenses, and 60 percent were anxious about the cost of tuition. But it’s not just college-age adults who… Read More


There are many things to consider before purchasing ANY car, but a NEW car might spark particular questions. There are pros and cons to buying new cars, just as there are pros and cons to buying used cars. First off, when purchasing any vehicle, ask yourself “Why am I buying this car?” Is it for… Read More


Golf-Outing-Web-logo-generic

In 2015, The Ascentra Credit Union Foundation provided over $79,500 in crucial funding for 39 local organizations including a $50,000 co-sponsorship of a Habitat for Humanity House in Davenport and a four-year commitment to Junior Achievement of the Heartland that amounts to $50,000. It was also the year the foundation successfully established the Paul Lensmeyer… Read More


Dale Owen, President & CEO

Serving our membership by saving them money is one of the most gratifying things we do! Did you know you’re saving money just by being an Ascentra Credit Union member? Credit unions typically charge fewer and lower fees than other financial institutions, according to the Credit Union National Association’s (CUNA) latest membership benefits report. Of… Read More


You might be reluctant to make upgrades when you’re ready to sell your house. After all, you won’t be in the house to enjoy them for long. And most projects recoup only 66 percent of their costs, according to the 2014 cost versus value report from Remodeling magazine. But complacency can mean your house stays… Read More


529s have become one of the most popular college savings options. Here are some basics. Looking to save for college? Take a number – the number 529 to be exact. College Savings Accounts, or 529s as they’re nicknamed (after the IRS tax code), have become all the rage in recent years. So what are they?… Read More


Credit unions have established a relationship with the Small Business Administration (SBA) to expedite loans to credit-worthy small businesses. The SBA’s finance programs enhance the ability of credit unions to provide long- and short-term loans to small businesses that might not qualify through other lending channels. Ascentra is an SBA approved lender. SBA loans can… Read More