Entries Categorized as 'Savings'

Earn More for your Money at MCCU!

Date December 5, 2017

You work hard for your money. That’s why we want to give you the best return we can! Open a 24-Month Certificate for your regular or IRA money and earn as high as 1.90% APY1! With only $1,000 needed to open, you can’t go wrong with this federally insured Certificate! Visit us online for more […]

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 […]

3 Reasons You Need an Automatic Savings Plan

Date October 26, 2017

“Save money” is a timeless bit of personal finance advice, but actually doing it can be another story. If you need a way to boost your savings and stay consistent with your goals, setting up an automatic funds transfer can help. There are two ways you might do this. You can set up a transfer […]

7 Ways To Save On Thanksgiving Costs This Month

Date October 18, 2017

It’s hard to believe that we’e already talking about the holidays, but they’ll be here before we know it! Between your turkey, ingredients for the holiday meal and décor to set the ambiance, hosting a Thanksgiving dinner is not cheap. If you’re looking for ways to cut back without compromising on quality, read on for […]

How Low Can You Go? Give Your Child The Grocery Challenge

Date October 6, 2017

Do you ever feel like all your money goes toward groceries? Out of all the non-fixed expenses a household can have, food costs take the biggest bite out of the average monthly budget. Understandably, trying to trim the family’s grocery bill is an ongoing battle for most of us. Give your kids a leg up […]

What Would You Give Up to Be Debt-Free?

Date September 7, 2017

Looking to get out from under a mountain of credit card debt? You’ve likely come across an aspirational story or 12 while clicking around. They usually go like this: Penny-pinching Peter rid himself of an enormous amount of debt by cutting out small treats and giving up Netflix. But will abstaining from $12 avocado toast […]

The Dow Jones Reached 22,000. What Does That Mean?

Date August 16, 2017

Q: Everyone is talking about the stock market hitting an all-time high of 22,000. What does this mean? A: The stock market can be confusing. Before answering the 22,000 question, let’s start with a brief explanation on how it works. 1.) What is the stock market? The stock market is where stocks and bonds are bought and […]

Are Your Investments Safe?

Date July 27, 2017

What’s your first thought when you consider the question, “Are your investments safe?” You might think about federally insured deposit accounts through the National Credit Union Administration (NCUA). The NCUA is the independent agency that administers the National Credit Union Share Insurance Fund (NCUSIF). That’s a logical and comforting first thought for most credit union members, […]

Video: The Secret to Financial Success

Date July 25, 2017


A Different Breed Of Diversification: What Multiple Certificates Can Do For You

Date July 20, 2017

Share certificates allow you to earn a good return on your money while keeping it accessible for use for major expenses. If you’re planning on buying a house or a car, keeping your down payment money in a certificate can hasten its growth toward your goal.However, If you’re saving for two large purchases, it can […]