At MMCCU, we have been preparing for many different scenarios related to COVID-19, and this move did not come as a surprise to us. As part of the community, MMCCU is committed to doing our part to keep us safe and sound throughout ongoing developments related to the coronavirus (COVID-19).
Here are the important things to know right now:
•You have uninterrupted access to your funds and credit union services. Under the governor’s “Safer At Home” order, we are considered an essential service. You will therefore continue to have access to your funds through ATM, in-person, mobile banking and online banking.
•Your money is safe and insured. Your MMCCU accounts are insured up to $250,000 by the National Credit Union Administration (NCUA), the U.S. Government Agency regulating federally insured credit unions.
•MMCCU has a pandemic plan in place. We are prepared.
•YOU are our priority. We offer different options to help ease your financial burden at this time, including a new loan program.
Here’s what to know about the IRS and Taxes right now:
•The IRS moved the federal income tax filing deadline from April 15, 2020 to July 15, 2020.
•Taxpayers can also defer federal income tax payments due on April 15, 2020 to July 15, 2020 without penalties and interest, regardless of the amount owed.
If you are struggling during this uncertain time, we can help! The federal government has finalized their relief package to assist all businesses and families impacted by this pandemic. We will continue to educate ourselves on these measures and communicate them to you.
We can help with:
·Consumer loan payment deferment
·Mortgage payment assistance
If you purchased disability, life, or involuntary unemployment debt protection on a loan with us and are having financial issues due to a protected loss, please contact us to file a claim or discuss what benefits may be available. If elected, the protection may cancel your loan balance or monthly payment in the event of a protected event, like a disability or period of involuntary unemployment. Please contact us for more information including terms and conditions.
We are always here to help! Please feel free to give us a call at 715-387-8686 .