Entries Categorized as 'General'

NORTHRIDGE COMMUNITY FESTIVAL June 4-6

Date May 19, 2010

In a tradition that began in June of 1982, Northridge Park will once again host a celebration of our community. THE NORTHRIDGE COMMUNITY HAWAIIAN FESTIVAL will take place June 5th and 6th. Admission and parking are free and all of your favorite activities, fun, food, and entertainment will be there. The Kiwanis Club of Northridge, [...]

“Move Your Money”…to a Credit Union!

Date January 11, 2010

I’m sure by now you’ve heard of the “Move Your Money” campaign first started by Arianna Huffington of the Huffington Post. Basically, they’re saying that “Too-big-to-fail banks are profiting from bailout dollars and government guarantees, and growing bigger.” And, much like It’s a Wonderful Life, they are urging consumers to move their money from the [...]

Cash for Clunkers Suspended

Date July 31, 2009

UPDATE: The House of Represenatatives this morning approved $2 Billion in additional funding for Cash for Clunkers, in an effort to avoid suspension. Still waiting for the Senate.

California DMV Vehicle Registration Fees Increased

Date July 15, 2009

The State of California is in financial trouble, that’s a fact. One of the ways they are trying to help the State budget is to increase our annual car registration fees. Here is a press release I just received from DMV with more information: If you recently received a renewal letter for your vehicle registration, you [...]

Cars for Clunkers a Good Deal…or Not?

Date June 25, 2009

On June 24th President Obama signed into law the “Cash for Clunkers” bill in yet another effort to hopefully encourage, and help, more consumers purchase a new car. However, the signature kicks off a 30-day period in which the Transportation Department will prepare regulations for the program. The National Automobile Dealers Association is advising dealers [...]

Deposit Insurance Limit Extended through 2013

Date May 29, 2009

The Helping Families Save Their Homes Act of 2009, signed into law by President Obama on May 20, 2009, includes a provision extending $250,000 share insurance coverage provided by the National Credit Union Share Insurance Fund through December 31, 2013. FDIC insurance will also be extended under this new law. This is good news, considering [...]

Money and Credit Management for Teens

Date May 22, 2009

On Thursday I was fortunate to have the opportunity to speak to a group of graduating Seniors from Champs Charter High School in Van Nuys about money management and how to maintain good credit once you get into college and life after High School. I am a huge advocate of financial literacy in the classroom, [...]

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 [...]