Refinance Your Car Loan and Earn up to $200 Cash Back!

Date August 21, 2015

Do you have a car loan? Do you want to lower your monthly payment? 

When you refinance at MCCU, you’re not only getting a competitive, low rate, you’ll also enjoy no payments for the first 90 days (interest will accrue)! And, we will give you up to $200 cash back. You won’t pay anything to apply – most banks and lenders will charge you an application fee!

MCCU is a local lender, plus we were voted BEST CREDIT UNION by the readers of the L.A. Daily News! We want to help members of our community to get into the car they need with an affordable monthly payment. We also offer new and used car loans in addition to refinances.

Apply online today and get a quick response! When you apply, you can even get a free payment quote to see how much you can save! Hurry, this offer ends October 31st!

Get More Details and Apply Today!

Get Affordable Solar Financing Before the Rebate Goes Away in 2016!

Date August 17, 2015

Save Money. Save Energy. Go Solar.

If you own a home in California (or anywhere else with extreme hot weather), you dread the summer and the high utility bills that come with it.

There is a solution – add Solar to your home!

Your utility bill can drop significantly when you generate your own solar. How much you save depends on the size of your solar system and how much electricity you use. And sometimes, when you generate more electricity than you need, the excess power goes back to the utility grid, and most utility companies (SCE/DWP) will pay you  or give you a credit for the electricity!

Protect yourself from rising utility costs

Unfortunately, utility costs tend to go up every year. And we’re not going to stop using our air conditioner when it’s over 100 degrees outside. But when you add solar to your home, you can protect yourself from these constantly rising costs and experience savings every year. The rebate/incentive for adding solar to your home is expected to go away on December 31, 2016, so take advantage now! Read the rest of this entry »

Is My New Car a Lemon?

Date August 10, 2015

 alt=If you, or someone you know, has purchased a car only to find out it’s a lemon, you know that it’s not a fun process.  Most consumers purchase a new car so they don’t have to worry about breakdowns, mechanical problems, or safety issues, but sometimes you get a lemon. Here’s the scenario: You are so excited to finally buy the car of your dreams (or maybe just the car you need). You get the car loan (hopefully from MCCU!), drive the car home, and live happily ever after. Or not. Your brakes don’t work correctly, or you have constant transmission problems. You may have purchased a lemon.

What is a “lemon”?
A lemon is a (often new) car that is found to be defective only after it has been bought. Any car with numerous, severe issues can be termed so and, by extension, so can any product with flaws too great or severe to serve its purpose. The Lemon Law covers new motor vehicles, including:

  • A new car bought or used for personal business
  • A new car with a gross vehicle weight under 10,000 pounds bought or used primarily for business purposes
  • Purchased and leased cars
  • A dealer-owned car, a “demonstrator”, or other cars sold with a manufacturer’s new car warranty (such as a used car)
  • Motorcycles and Motor Homes used primarily as a primary home are excluded from the Lemon Law

Read the rest of this entry »

The Difference Between a Traditional 401(k) and a Roth 401(k)

Date July 13, 2015

An employer-sponsored 401(k) plan is often one of the most valuable parts of a job’s benefits package. Although free snacks and a generous vacation policy are great, making regular contributions to a retirement account can help ensure that your golden years are financially comfortable.

That’s what makes it so important to understand the ins and outs of these savings tools, including knowing the difference between traditional and Roth 401(k) plans. Here’s a look at the features that make each one unique, and how you might be able to take advantage of both.

Read the rest of this entry »

How Do I Move My Checking Account to Matadors Community Credit Union?

Date July 1, 2015

 alt=I’ve recently had quite a few people ask me:

“How do I move my checking account from Citibank (or any financial institution) to Matadors Community Credit Union (MCCU)?”

My answer: “It’s more simple than you think.”

Read the rest of this entry »

3 Benefits of Paying More Than the Minimum on Your Credit Card

Date June 24, 2015


It’s the end of the month, and your credit card bill just hit your inbox or slid through the mail slot. Where do you look first? If you focus on the smallest number on there — the minimum payment — you’re off to a good start. Making your minimum payment on time is absolutely crucial to keeping your FICO score intact and avoiding late fees.

But there are also good reasons for paying more than the minimum whenever you can.

Read the rest of this entry »

Vote MCCU Best Credit Union for 2015 in the Daily News Reader’s Choice Awards!

Date June 4, 2015

 alt= The Los Angeles Daily News is holding their annual Reader’s Choice Awards! MCCU has won for six years, most recently in 2014, and we want to win again!

We have been serving the San Fernando Valley and beyond since 1963 and are proud of our financially healthy and safe and sound credit union. We were awarded a 5-star rating – the highest rating available – by Bauer Financial!

Please vote for us by clicking this link, and go to the Goods & Services category. Scroll down to Credit Unions and type in “Matadors Community Credit Union”! You can vote for your favorite restaurant, school, florist and more while you’re there. Let your voice be heard and vote for all your San Fernando Valley favorites!

You have until Friday, June 26th to vote!

We thank you in advance and please tell your friends and family to vote too!

Click to Vote for Matadors Community Credit Union and all your other favorites today!

Refinancing Auto Loans 101

Date May 28, 2015

If you’re paying too much in interest for your car or truck loan, refinancing could be a great way to save some serious dough. Interest rates for vehicle loans may have dropped since you financed your auto. Or maybe you’ve improved your credit score, which could qualify you for a lower rate. Either way, it could be worth hundreds of dollars in savings to get a new auto loan to replace your current one.

The process is fairly simple. You’ll need to contact your current lender to get your loan’s payoff information. Then, you can apply for financing from a new lender that offers a lower interest rate. You’ll typically be asked to provide recent account statements, W-2s or other proof of income, and give permission for the lender to run a credit check. You can usually receive a response within a day. Once approved, the funds can be sent to pay off your existing loan, and the title would be transferred to the new lender.

Read the rest of this entry »

Free Shred Event in Granada Hills May 30th

Date May 19, 2015

Crimes Stoppers, NIX, Neighborhood Lending, Target and Devonshire LAPD will be hosting a FREE Shred It Event!

 

 

When: Saturday, May 30th from 9:00am – 1:00pm

Where: Target – 11133 Balboa Blvd. in Granada Hills

Bring all your unwanted personal documents to their on-site mobile shredding trucks. Last pick up will be 12:45 PM.

So start your Spring clean up and get rid of those unwanted documents for FREE.

6 Tips to Keep Your Accounts Secure and Prevent Fraud

Date May 12, 2015

With data breaches affecting retailers and even health insurers like Anthem, you might be worried about the safety of your financial information. Fortunately, you can take several steps to protect yourself from fraud, including the following.

 

 

  1. Keep passwords strong and private

Usernames and passwords act as the front doors to your online accounts: If you have simple locks, it’s easier to break in. A simple word or phrase as a user name or password might be easier to remember, but ones with upper-case letters, numbers, symbols and at least 10 characters are safer. Also, refrain from sharing your logon information with anyone, and change this information every few months.

Read the rest of this entry »

%d bloggers like this: