Entries Categorized as 'Savings'

Still Not Saving? You’re Not Alone!

Date April 28, 2017

We like to think of ourselves as learning animals. We take our lived experiences, extract valuable lessons from them and use that information to improve our daily lives. This is how we get better at doing things over time. However, a recent survey from Bankrate.com shows that we haven’t yet learned the lessons of the […]

What Do I Do With My Tax Refund?

Date April 12, 2017

We don’t normally like to tell you how to spend your money. Our members tend to be very good at that, often finding creative ways to turn the hours they’ve spent at the office into new ways to enjoy their lives. More often, we tell you how to not spend your money by letting you […]

Getting The Most Out Of Youth Accounts

Date April 5, 2017

Managing money is a fundamental life skill. That’s why it’s best to give your kids a head start on money management and saving. In honor of National Credit Union Youth Month, MCCU is focusing on ways to help make this task as simple as possible for parents and guardians of our youth. MCCU is proud to offer […]

Earn More with a 15-Month Certificate at MCCU!

Date April 3, 2017

  Want to earn more interest on your savings? Put your hard-earned money in a 15-Month Share Certificate at MCCU! You can get this great rate by becoming a Platinum Member, which is easy to do. Visit a branch to open your account or contact us at 818.993.6328 for more information! Save and earn more […]

Take Your First Steps Before They Take Theirs: Financial Planning For The New Parent

Date March 15, 2017

The first few days after you bring your baby home is an exciting time that can also be a bit stressful. So can the first few weeks. Many parents also find the first few months stressful, while others are stressed over their parental commitments a while longer. It’s easy to get caught up in sleepless […]

Don’t Bet Your Retirement On An 8% Return

Date March 13, 2017

In investing, time in the market is crucial. If past growth rates continue, the time you leave your savings alone actually matters more than the amount you save.  The problem with that, though, is that past growth rates probably won’t continue. Over the last 30 years, the stock market has averaged 7.8% growth, a rate […]

How To Get A Summer Job: A Guide For Students Of All Ages

Date March 10, 2017

Summer is almost here. That means it’s time to start planning trips, camps and summer jobs. Though most schools won’t end for another few months, it’s wise to start thinking about summer work now. The time frame for hiring can take up to a full month, so waiting until school is out can really shorten […]

It Costs How Much To Get Married!?

Date March 6, 2017

Need help paying for your wedding? Check out our low-rate Personal Loans!  The average American wedding cost has eclipsed $35,000. That’s more than half the yearly median income! Most of this growth in cost comes from the guest list. Couples are inviting more people and doing more for them. If you’re tying the knot this year, […]

Share Certificate Shopping – How To Keep Your Money Spinning

Date March 1, 2017

Share Savings Certificates are an excellent savings option. They’re NCUA-insured, they’ve got a better dividend rate than a savings account and they’re generally safer than the stock market. Before you lock your money up, though, answer these questions: 1.) What am I saving for? If you’re saving for a rainy day, you’ll need the flexibility […]

Don’t Sleep On Your Savings: Avoiding Dormant Accounts

Date February 1, 2017

The best things to do with a savings account is to forget about it and let it earn dividends. However, don’t forget about it so long that it becomes dormant. A dormant savings account is one with a low balance that has had no deposits in a while. While exact criteria varies by state, generally […]