Entries from November 2017

A Holiday Wish List For Financially Savvy Students

Date November 29, 2017

As we all know, “‘Tis better to give than to receive.” Still, receiving gifts can be pretty darn cool. Around this time of year, parents and grandparents may be asking you what you want for the holidays. By outlining something you need, you help them give you a gift you’ll use. It’s not selfish. In […]

Just Say No! Teach Your Child To Curb Impulse Purchases

Date November 27, 2017

It’s no secret that impulse buys can wreak havoc on even the most carefully constructed budget. And retailers know this all too well – that’s why the checkout counters in groceries, pharmacies and large shopping centers are packed with dozens of things you may not really need. And that’s why you might come home from […]

Everything You Want to Know About Bitcoin (… But Were Afraid to Google)

Date November 22, 2017

What are Bitcoins and how can I get some?  Here’s an introductory guide to bitcoins to help answer these questions and more! What is Bitcoin? Bitcoin is a form of money that is entirely digital.  In other words, if the U.S. has dollars, and Europe has Euros, the internet has bitcoins. But the fact that […]

Beware Of Banking Scams

Date November 20, 2017

Please note that MCCU will never solicit you or ask you for your personal information. Please notify us immediately if you think you are a victim of phishing or any other kind of scam that mentions that credit union name. There’s been a recent uptick in banking scams where criminals pose as representatives of the […]

All You Need To Know About Open Enrollment

Date November 15, 2017

Open enrollment is here again, and for many Americans this time period – and the entire health insurance market – spells confusion. Read on for the complete rundown on open enrollment, the Affordable Care Act (ACA) and today’s health insurance options. 1.) The ACA – still in effect? The ACA is still up and running. […]

Why Do I Need To Get Preapproved For A Loan?

Date November 13, 2017

Q: Is there any reason to get preapproved for a loan? A: For a large purchase, such as a home or car, having that preapproval in hand before you start shopping is crucial. A preapproval is a written letter from a lender specifying how large of a loan you will be eligible for. The letter will also […]

Shop Safely On Black Friday!

Date November 8, 2017

Q: I love Black Friday but I worry about the risks. With the possibility of being trampled or of my credit card being compromised, there’s so much that can go wrong! How can I protect myself without missing out on the biggest shopping day of the year? A: Black Friday does pose some serious risks to shoppers, […]

FAQs About Share Secured Loans

Date November 6, 2017

Wondering about share secured loans? Here’s all you need to know about this unique product that can provide a low interest rate plus credit building and repair: 1.) What are share secured loans? Share secured loans allow you to borrow against your own savings, using it as collateral. Instead of liquidating your account to make […]

Sticky Passwords: Can They Make Your Life Easier?

Date November 1, 2017

Remember the good old days when the only passwords you had to remember were one for your debit card and another for a single email account? Those days are long gone! Today, when the average American has three email accounts, is active on social media and has dozens of other sites and gadgets requiring passwords, […]