Save Money and Energy with Solar

Date September 9, 2013

Save Money. Save Energy. Go Solar.

If you own a home in the Valley (or anywhere else with extreme hot weather), you dread the summer and the high utility bills that come with it.

There is a solution – add Solar to your home!

Your utility bill can drop significantly when you generate your own solar. How much you save depends on the size of your solar system and how much electricity you use. And sometimes, when you generate more electricity than you need, the excess power goes back to the utility grid, and most utility companies (SCE/DWP) will pay you  or give you a credit for the electricity!

Protect yourself from rising utility costs

Unfortunately, utility costs tend to go up every year. And we’re not going to stop using our air conditioner when it’s over 100 degrees outside. But when you add solar to your home, you can protect yourself from these constantly rising costs and experience savings every year.

Read the rest of this entry »

MCCU Voted Best Credit Union for 2013 – 5-Time Winner!

Date August 30, 2013

Thanks to our loyal members, and members of our community, we have been voted Best Credit Union in Los Angeles in the Daily News Reader’s Choice Awards! This is the fifth time we’ve won this prestigious award, and we are so proud.

MCCU continues to be a safe and sound place to bank. We have earned the highest 5-star rating from Bauer Financial and are well-capitalized.

We also have great car loans – low rates, no payments for 90 days (interest will accrue) – we’ll help you get the car you want with a low, monthly payment! Already have a car? No problem – call us for a free quote to see if we can refinance your loan and save you money.

We still have Free Checking! And with that, you’ll get free mobile banking, debit cards, online bill pay and more!


Check us out today and see why we were voted the BEST!

Need a New Car? Your Credit Union Membership Gives You Three Great Ways To Save

Date August 21, 2013

Matadors Community Credit Union (MCCU) has three ways for our members to save on a new vehicle purchase.

First, General Motors is offering all current and eligible credit union members preferred pricing on most new GM vehicles. This is in addition to the most current incentives and special offers! Depending on the vehicle, you could save hundreds, even thousands of dollars on your next new Chevrolet, Buick, or GMC vehicle purchase just for being a credit union member.    Visit to see how much you can save and request your GM Authorization Number.

Secondly, our members can save big with great low rates when you finance your new vehicle through MCCU.  Contact us at 818.993.6328 or go online directly to find out more about your vehicle financing options.

Third, you’ll also save on fuel costs with GM’s high-fuel efficiency vehicles. Start saving today!

Read the rest of this entry »

Prepaid Cards: They May Not Be The Best Deal For Consumers

Date July 30, 2013

Many consumers who are unable to, or choose not to, open a traditional bank or credit union account and credit card turn to prepaid cards.

What is a prepaid card?  Unlike a credit or debit card, a prepaid card is not linked to a bank/credit union account and is not a line of credit. The consumer can load and reload money onto the card and can use it online, in stores, and by phone, wherever Visa/MasterCard/American Express (depending on the mark on the card) is accepted.

While prepaid cards are convenient and a good alternative to debit and credit cards, they can come with their own set of drawbacks. First, because the cards are not tied to a bank or credit union, the prepaid card industry lacks the regulation from agencies like FDIC and NCUA. This means that some consumers may be vulnerable to shady prepaid card practices.

Read the rest of this entry »

Understanding Reverse Mortgages

Date July 26, 2013

What Is a Reverse Mortgage?

A reverse mortgage allows you to borrow against the equity you’ve established in your home. To be eligible, you must be age 62 or older and own your home free and clear, or have a remaining mortgage balance that can be paid off by the reverse mortgage. You’ll want to consult a tax advisor to confirm this, but in most cases, a reverse mortgage gives you access to tax-free funds. Instead of making payments, you can choose to receive them, thus the “reverse.” You can also now purchase a home with a Reverse Mortgage and make no payments as long as you live in the home, pay your property taxes and insurance, and maintain proper upkeep of the property. Ask your Reverse Mortgage Specialist for more information.

Read the rest of this entry »

What You Need to Know about 0% Financing and Buying a New or Used Car

Date July 10, 2013

With the price of an average new car well over $25,000, buying a vehicle is, indeed, a big decision these days. Fortunately, there are ways to keep your costs down.

  • Buy used instead of new. This could save you thousands of dollars right off the bat. Yes, you’ll want to have the vehicle carefully inspected. And yes, you’ll miss that new car smell (get a “new car scent” air freshener!). But if you’re willing to make a few sacrifices, a used vehicle might be just the ticket.
  • Save on your financing. A lower interest rate means lower payments. However, beware of some 0% offers. Read the small print, as oftentimes the 0% rate is only available on certain models and may not be available for the model you want. Sometimes it makes more sense to get the rebate and finance at the Credit Union. Your payment may actually be lower, plus you’ll get the car you really want. Read the rest of this entry »

The Heat is On: Energy Loans for Home Improvements

Date July 2, 2013

Summer is indeed here, at least in Southern California! It’s hot and it most likely won’t let up for a while.

When it’s this hot, we use our A/C more and dread getting our DWP or Edison bills. What if you could save energy, and money? With MCCU’s Energy Loans, you can! You can get a loan for:

  • Energy Efficient Windows
  • Energy Efficient Furnace & Cooling
  • Energy Efficient Hot Water Heater
  • Wall Insulation
  • and more!

MCCU is a lender for Los Angeles County’s Energy Upgrade California program! You may even be able to get rebates and incentives!

Read the rest of this entry »

Why You Need GAP Protection For Your Car Loan

Date June 20, 2013

Protect your vehicle investment, not just its value.

GAP, or Guaranteed Asset Protection, is a non-insurance product that covers the “gap” between your vehicle’s value and the amount you still owe on your loan. For example, you are involved in a car accident that totals your car (we’ll assume you walk away with not a scratch!). The insurance company will only pay you for the value of your car in this instance. So let’s say they offer you $10,000, but you owe $13,000 on your loan. That means you’re liable for the $3,000 “gap”. With GAP coverage, you won’t owe anything. GAP will pay the difference for you. GAP will kick in if your vehicle is stolen, too.

GAP not only covers cars – it will cover your boat, RV and motorcycle too.

Read the rest of this entry »

Check Out Our Auto Refinance Video!

Date June 6, 2013

Vote for Matadors Community Credit Union in the L.A. Daily News Reader’s Choice Awards!

Date June 6, 2013

The Los Angeles Daily News is holding their annual Reader’s Choice Awards! MCCU has won for four years, most recently in 2012, and we want to win again!

We have been serving the San Fernando Valley and beyond since 1963 and are proud of our financially healthy and safe and sound credit union. We were awarded a 5-star rating – the highest rating available – by Bauer Financial!

Please vote for us by clicking this link, and go to the Goods & Services category. Scroll down to Credit Unions and type in “Matadors Community Credit Union”! You can vote for your favorite restaurant, school, florist and more while you’re there. Let your voice be heard and vote for all your San Fernando Valley favorites!

You have until Friday, June 28th to vote!

We thank you in advance and please tell your friends and family to vote too!

Vote for Matadors Community Credit Union and all your other favorites today!

%d bloggers like this: