Fred Kreger, Branch Manager of American Family Funding talks with Fred Arnold on the differences and benefits of being a member of a Credit Union vs a bank. Credit Unions are not for profit financial institutions offering many of the same products and services as big banks.
Entries Categorized as 'General'
The Credit Union Difference
May 15, 2012
Telesis Community Credit Union Goes Into Conservatorship
March 27, 2012
On Friday, March 23rd, Chatsworth based Telesis Community Credit Union was placed into conservatorship by the Department of Financial Institutions (DFI), who has appointed the NCUA, the organization that regulates credit unions, as conservator.
Bank of America Testing New Checking Account Fees
March 1, 2012
Due to last year’s consumer backlash, Bank of America backed off from charging their $5 monthly debit card fee. You didn’t think they’d stop there, did you? They didn’t. According to the Wall Street Journal, they are now testing a $6-$25 monthly fee, depending on which type of checking account you have. This is for [...]
Do You Need an Estate Plan?
February 29, 2012
Estate planning is the process of anticipating and arranging for the disposal of an estate. Many of us think that this type of planning is only for the wealthy. This couldn’t be further from the truth! Estate planning applies to all of us, and we should all engage in some level of planning. It is [...]
Vehicle Identification Number and Vehicle History Reports
January 19, 2012
As cars were first being introduced into California, there was no orderly way to track the vehicles or the owners until 1905. To keep track of all vehicles, the state required cars, bicycles, carriages, carts and similar vehicles to be licensed. However, the automotive industry used a different method to track their vehicles- Vehicle Identification [...]
Free Mobile Banking is Here!
January 13, 2012
Whether you’re on vacation, at work or out running errands, you can use your internet-enabled phone or device to do your MCCU banking! With our new FREE Mobile Banking, you can: Check balances and view account history and paid checks Transfer funds Make loan payments (consumer loans only) Make payments using Bill Pay [...]
The New Year Brings New Laws to California
January 3, 2012
First, let me wish you all a happy and healthy New Year! Did you know that in 2012, retail stores -including grocery stores- will no longer offer plastic bags? You’ll need to bring your own bags, or pay $0.10 per paper bag. If you have small children, did you know that unless they are at [...]
Bank Transfer Day is November 5th – Are You Participating?
October 12, 2011
The “Big Banks” are charging for Checking Accounts, and some will soon charge customers as much as $5 a month to use their Debit Card. So what are Americans doing to protest? Welcome to Bank Transfer Day on November 5, 2011! Bank Transfer Day encourages bank customers to move their accounts out of big banks [...]
Bank of America to Charge $5 Monthly Debit Card Fee
September 30, 2011
I’ve already talked about banks charging debit card fees here, but yesterday it was announced that BofA will charge a $5 monthly fee, just to use your debit card, though not for ATM transactions. I won’t re-hash what I’ve already written, but I do want to reiterate that MCCU will not charge a fee for [...]
Skip the lines at the DMV: Save Time and Go Online
September 22, 2011
The California Department of Motor Vehicles website has a new look! The revamped site makes it easier for users to navigate and take advantage of the convenient online services offered by the DMV. When first logging on to the new DMV website, customers will see bold and streamlined content that highlights the DMV’s expanded online services [...]
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