Entries Categorized as 'General'

Ford Launches New Payment Protection Program

Date April 1, 2009

Looks like Ford has jumped onto Hyundai’s bandwagon and is now offering a Payment Protection program. Here’s how it works: You are automatically enrolled when you purchase or lease any new Ford vehicle. But, it only becomes effective 30 days after you make the purchase.  If you become involuntarily unemployed (note: this won’t benefit you if [...]

If You Have an Account at a Bank – Be Warned!

Date October 28, 2008

I was watching CNN yesterday and saw one of their money “experts” doing a story on banks and how nine of the largest banks will soon be getting a hefty cash infusion, thanks to the Economic Stabilization Act. What the “expert” did say that peaked my interest, was that some, if not all, of these [...]

MCCU on KCAL9!

Date October 17, 2008

MCCU was featured in the October 16, 2008 Money 101 segment on KCAL9! They shot footage for the piece at our Chatsworth branch. In the segment, Bob McCormick talks about how credit unions are a safe alternative to banks. He goes into a bit of detail regarding the differences between banks and credit unions and [...]

Is My Credit Union Safe?

Date October 16, 2008

With the recent bank, and some credit union, failures lately, I’ve been hearing this question a lot: Is my credit union safe? There are several ways for you, the consumer, to get the answer to this question. Go to the NCUA Website and look at your credit union’s quarterly financials. This can be found in [...]