Dear Member, As Congress considers new infrastructure spending, lawmakers are considering unconventional sources of revenue to fund their plans. One proposal under consideration would require financial institutions like Marshfield Medical Center Credit Union (MMCCU) to report to the Internal Revenue Service (IRS) many activities on accounts with balances over $600. Such an unprecedented grab of your personal financial data raises several concerns. This...Read More
i.e. Why You Should Choose a Credit Union There are a lot of misconceptions surrounding credit unions. Many times the reasons people provide on “Why You Shouldn’t Choose a Credit Union” are more myth than reality. Marshfield Medical Center Credit Union wants to debunk some of the myths that are out there and share reasons...Read More
When financing a new vehicle, there are several options that buyers can choose. Financing through the dealership has its appeal, but in the long run it’s usually best to speak with a loan professional at a local financial institution. Pros of Financing Through a Dealership The main two reasons that people finance their vehicle through...Read More
MADISON, Wis. – Wisconsin’s 117 state-chartered credit unions continue to have strong financial performance as of June 30, 2021, according to data released by the Wisconsin Department of Financial Institutions (DFI). Credit union assets rose to $53.6 billion as of June 30, 2021. This is an increase of over $4 billion since year-end 2020. Over...Read More
NCUA Releases 2021 Second Quarter Credit Union System Performance Data ALEXANDRIA, Va. (Sept. 8, 2021) – According to the latest financial performance data released today by the National Credit Union Administration, federally insured credit unions reported net income growth of $11.9 billion in the second quarter of 2021, or 126.8 percent, over the same period one...Read More
Lower Interest Rate is Not Always a Savings in the Long Run Interest rates are important, but a lower interest rate is not the only thing to consider when choosing a home loan. The lowest interest rate does not always save you the most money or get you the best deal. There are other factors...Read More
Construction Loans Available at MMCCU Whether you’re building something new or expanding on an existing property, MMCCU is here to help you through the construction loan process. Below are some tips to get you started, and as always, feel free to reach out to our team for more information! Tip #1: Choose Local! At MMCCU,...Read More
Power motorsports are a fun activity in Wisconsin winters. If you are in need of a loan for a new snowmobile, MMCCU is happy to talk with you. As snowmobiles can cost thousands of dollars, some type of financing is often used to facilitate the purchase. “Snowmobiling is a fun winter activity for many people...Read More
Wisconsin Health Care Credit Union Did you know that Marshfield Medical Center Credit Union is the largest health care credit union in Wisconsin? Our membership is healthcare workers and their families, so we understand this demographic and can serve them best. Being a credit union means our main purpose is to serve our members. A...Read More
The CO-OP Shared Branch network allows members from participating financials to preform transactions at another credit union. This system allows for easy access to funds and provides a less stressful way to manage money. You can visit more than 5,000 locations at participating credit unions to conduct transactions including deposits, withdrawals, loan payments, and transfers....Read More
