Locally, MMCCU can provide a Medallion Stamp Guarantee, which verifies your identity for the transfer of securities (such as the tradable assets in your retirement account). It is different from a notary stamp, which identifies your identity when you sign legal documents. You may need a Medallion Signature Guarantee when selling, redeeming, or transferring securities...Read More
Co-op Shared Branching, a network unique to credit unions in which members of a participating credit union can transact “simple” transactions at other credit union locations, is available at nearly 6,000 locations. Currently, more than 2,000 credit unions participate. A member wintering in Arizona, for example, can locate a participating credit union close by and...Read More
Friday of America Saves Week Did you learn what you needed to know about money as a child, from your parents, other adult role models, or school? For many Americans, that answer is no. As we round out America Saves Week, we want you to spend time thinking about how you can instill ways to...Read More
Thursday of America Saves Week It’s Day Four of America Saves Week, and here’s the ONE take away you need to know as you consider today’s focus, “Save by Reducing Debt”: WHEN YOU PAY DOWN YOUR DEBT, YOU’RE SAVING! By actively reducing your debt, you are saving on interest. When you pay on time, you...Read More
Wednesday of America Saves Week Many of us have thought about retirement. You may already be saving for it, which is excellent. But have you thought about HOW you want to retire? More specifically, have you thought about what it will take to continue to live the lifestyle you have or the lifestyle you want...Read More
Tuesday of America Saves Week Day Two of America Saves Week has us preparing for something that we should all actually expect: To have an “unexpected” financial emergency. Today, for Save for the Unexpected Day of America Saves Week, we’ll check in with ourselves to ensure that we are building an emergency fund. Yesterday we...Read More
Monday of America Saves Week It’s America Saves Week! Each year we encourage our community to dedicate this week to pause and do a financial check-in, and this year is no different. Chances are that you are someone you love has experienced a loss of income since the onset of Covid-19 in America— so what...Read More
Promoting automatic savings to help people reach their savings goals As part of America Saves Week 2021, scheduled for February 22 – February 26, 2021 Marshfield Medical Center Credit Union (MMCCU) is encouraging the community to take a moment to focus on the importance of emergency savings and saving automatically, in an effort to better...Read More
Kwik Cash Line of Credit Kwik Cash works similarly to a credit card – without the physical card. As a line of credit, you are given an available limit that you can then borrow from whenever the need arises. How Kwik Cash Is Helpful: Provides Overdraft Protection: Sometimes mistakes happen—no matter how careful you are! You...Read More
Health Savings Accounts (HSAs) are designed to cover individual and family medical expenses. Benefits include tax savings, convenience, and dividend potential. HSAs provide tax savings as contributions are tax-deductible. (Always consult a tax professional for complete guidance on the benefits of a Health Savings Account.) Earn tax-deferred dividends on tiered balances. The higher your balance...Read More