Go Green and Earn Green at MCCU!

Date September 15, 2014

Are you tired of checking your mailbox and finding nothing but bills, junk mail, and statements from your bank or credit union, your mortgage lender and your investment firm?

Is your mailbox locked? Can anyone access it? Identity thieves will go to great lengths to steal your personal information in an attempt to commit identity theft. One such method is to steal bills and statements from your mailbox. There is a way to prevent this from happening, aside from getting a lock on your mailbox.

eStatements is the answer. But are they safe? If your financial institution offers eStatements, you can rest assured they did their due diligence to ensure that your access to your online statements is safe and secure. Here’s how it works at MCCU. You will receive an e-mail monthly (or quarterly if you only get quarterly statements) notifying you that your eStatements are ready to be viewed. You simply log into eBranch online banking, click on the eStatements tab and voila – there are your statements. And not just the current statement; you’ll be able to view up to 18 months of previous statements as well.

Read the rest of this entry »

Why Pay a Fee When You Can Bank for FREE?

Date September 2, 2014

Does your financial institution charge you to use an ATM that they don’t own? Are they also charging you a monthly fee, just to have a checking account there?

If you answered yes to either or both of those questions, it’s time to make the switch to Matadors Community Credit Union (MCCU)!

At MCCU, we offer our members 30,000 NO-FEE ATMs, nationwide!  AND members have access to 5,000 Shared Branch locations so they can do their banking when they’re not near a MCCU branch! Plus, we have a free mobile app that lets you find a convenient, no-fee ATM when you’re out and about! You can even find a deposit-taking ATM when you need it. Simply search for “Matadors Community Credit Union” in the App Store or Google Play!

We also offer Free Checking accounts, while most banks have gotten rid of it and are charging fees.

Watch the video for more information, and make the switch to MCCU today!

MCCU Voted Best Credit Union by L.A. Daily News Readers for 6th Year!

Date August 29, 2014

Thanks to our loyal members, and members of our community, we have once again been voted Best Credit Union in Los Angeles in the Daily News Reader’s Choice Awards! This is the sixth time we’ve won this prestigious award, and we are so proud.

MCCU continues to be a safe and sound place to bank. We have earned the highest 5-star rating from Bauer Financial and are well-capitalized.

You can refinance your car, buy a new home, get a Home Equity Loan, and so much more. We make it easy with our online loan application – and you’ll get a quick response!

We still have Free Checking, for consumers and businesses! And with that, you’ll get free mobile banking, debit cards, online bill pay and more!

 

Check us out today and see why we were voted the BEST!

The Key to Back-to-School Savings

Date August 6, 2014

 alt= According to Capital One’s recent Back-to-School Shopping survey, half of parents surveyed admit that price is a key factor when it comes to back-to-school shopping, but only 22% of teens see price as a high priority. Use back-to-school shopping as a way to start the conversation with your child about saving and smart spending, while still staying in style.

Read the rest of this entry »

Teaching Teens to Save While They Work

Date July 24, 2014

Teens may have fewer financial obligations than adults, but that doesn’t mean youngsters should shirk responsible financial behavior. More than three-quarters of teens – 77% – feel confident in their money management skills, but when it comes down to specifics such as keeping track of a checking account or a grasp of income taxes, many don’t have a sufficient understanding of personal finances, according to a 2011 Teens & Money survey by broker Charles Schwab Corp. Only 35% said they could balance a checkbook, for instance. Your teen’s summer job offers an opportunity to learn saving strategies and good habits that can last a lifetime.

Read the rest of this entry »

Get a Personal Loan from a Credit Union!

Date July 7, 2014

 alt= A personal loan can be a great way to finance a one-time expense, whether that’s a medical bill or a new television. Paying back a personal loan on time is a great way to improve your credit score, making this type of debt especially beneficial for first-time borrowers.

When choosing a lender, credit unions tend to be reliable options. In March of this year, the interest rate on the average three-year unsecured loan from a credit union was 9.63%, or almost 1 percentage point lower than the average rate charged by banks for similar notes, at 10.6%, according to the National Credit Union Administration.

Read the rest of this entry »

4 Ways to Avoid Vacation Overspending

Date June 25, 2014


Vacation is a time to unwind, but if you end up overspending, you may face a stress-fest when it’s time to pay your credit card bills. Fortunately, there are some easy ways to curb vacation spending while still taking in all the monuments, shows, museums, and landmarks you want.

Here are some tips on how to keep vacation costs in check:

Make a daily budget.
Even if you’ve already planned out a budget, it’s a good idea to set daily spending limits and to keep track of your expenses. If you’re going on an all-inclusive trip, this can be much easier, since your meals, transportation and lodging are already covered, and you only need to budget for extras, like shopping. However, if you’re planning your own trip, establishing a daily budget can be a little more involved. Use a free online budget application to help you determine what you can spend each day that will give you enough freedom to enjoy your time off without overdoing it.

Read the rest of this entry »

Android Mobile Banking Users: Be Aware of Svpeng Malware

Date June 16, 2014

 alt= If you use an Android phone, and use Mobile Banking, please read on.

There is a new Malware invading U.S. Android phones. The malware – called Svpeng –  targets Android devices and looks for specific mobile banking apps on the phone, then locks the phone and demands money to unlock it.  In the U.S., Svpeng breaks into a mobile device through a social engineering campaign using text messages.  MCCU’s mobile banking app, along with other credit union mobile banking apps, have not been targeted.

Read the rest of this entry »

Text Message Scam Alert: Be Aware and Be Safe

Date June 10, 2014

Automated texts are being broadcast that warn consumers to call certain numbers to reactivate their payment (debit/check) cards. Details are below:

  • A recent text example: “Federal Credit Union ALERT: Your CheckCard has been temporarily LOCKED. Please call Card Services line (407) 574-2992″.
  • Text messages do not reference a particular issuing brand but they may vaguely refer to a credit union or bank.
  • Additional originating text numbers for this recent scam include: 786-300-2335 and 971-208-9936.
  • Text messages may also originate from Jamaican area code 876 which is easily confused by consumers with a toll free number.

BEST PRACTICES

  • Never call or text a potentially fraudulent number. Law enforcement and local communication companies may be in the middle of an investigation that will be compromised if the fraudsters become suspicious.
  • Be aware that a series of numbers are often involved in telephony scams. This scam may not be entirely limited to the number(s) referenced above.

DO NOT RESPOND to these fraudulent messages. These are scams attempting to steal your personal information. Matadors Community Credit Union will NEVER contact you via email, text, or phone asking for confidential or sensitive information. Remember never give out your sensitive information to people who contact you.

Contact us immediately at 818.993.6328 if you responded to a fraudulent message and have given out any information.

Vote MCCU Best Credit Union for 2014 in the Daily News Reader’s Choice Awards!

Date June 5, 2014

 alt= The Los Angeles Daily News is holding their annual Reader’s Choice Awards! MCCU has won for five years, most recently in 2013, 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 27th at 5:00 p.m. to vote!

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

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

%d bloggers like this: