David Murphy, MMCCU President, shares insight into what’s going on in today’s economy: Following the latest Federal Open Market Committee (FOMC) meeting on February 1, the market has experienced unexpected volatility with the recent data noted in the jobs report and inflation report. The expectations priced into the market were for the FOMC to raise...Read More
Online romance scams have become increasingly common in recent years, and they can be devastating for the victims who fall for them. According to the FTC, romance scams claimed $139 million from adults age 60 and older in 2020, up from $84 million the year before. “These scams typically involve criminals who create fake online...Read More
As senior citizens are often targeted by scammers, it is important for them to take measures to protect themselves from financial fraud. Here are some steps seniors can take to prevent fraud: Be aware of common scams: Be familiar with common scams like telemarketing fraud, investment scams, and sweepstakes scams. Keep up-to-date on new and...Read More
Good afternoon: On the afternoon of Tuesday, February 7, MMCCU staff became aware of a smishing attack that circulated throughout the area via text message (screenshot #1) asking recipients if they recognized a purchase done outside the area for a large amount. If the recipient responded “NO”, a second message was sent indicating the recipient...Read More
MMCCU is exploring offering Solar and EV Loans to its membership On February 14, the U.S. Environmental Protection Agency (EPA) announced initial guidance on the design of the Greenhouse Gas Reduction Fund (GGRF) program, created by President Biden’s Inflation Reduction Act. EPA published two Federal Assistance Listings outlining key parameters of the grant competitions that...Read More
On select Monday’s throughout the year, MMCCU members are invited to stop in the lobby to enjoy different member-exclusive treats. Starting on February 6, stop in to grab a fresh-baked cookie. Stay tuned to our social media pages for more details!Read More
Today, Friday, February 3, is National Wear Red Day! This day is designed to raise awareness about cardiovascular disease, particularly geared towards women’s health. MMCCU team members are wearing red today in honor of this day. As a credit union that serves the healthcare industry, we wanted to help draw attention to this important issue....Read More
Loan Application for 2023–2024 Open as of February 1 Students and families who already know they will need supplemental funds to pay for college in the fall can begin applying for private loan funds now. “There is a good chance that rates will increase by summer when many students and families typically apply for loans,”...Read More
Welcome to Episode Six of “ The Credit You Deserve” podcast. In this episode, host David Murphy, President of Marshfield Medical Center Credit Union, talks with guest Trevor Neufeld from Neufeld Capital Management. In this episode, they talk about the new Secure Act 2.0, which was included in one of the largest bills that were...Read More
At our January staff meeting, team members identified 5 Core Values that represent MMCCU and its employees. “The goal with identifying these values was to align our personal values as individual employees with the organizational values,” said MMCCU President David Murphy. “They were also outlined to help us understand how our organization should operate now...Read More
