How to Save Money There are many reasons to save your money, whether it’s to attend college, retire, replace your car, or upgrade your living situation. To make the most of your money, here are some tips to save: Avoid the Urge to Impulse Buy: When you want something, do you just buy it? No...Read More
Starting October 1, college-bound high school seniors, college, and grad students can begin filling out the Free Application for Federal Student Aid (FAFSA). The FAFSA can translate into hundreds or even thousands of dollars that helps pay for college – through grants, work-study funds, federal student loans, and certain state-based aid. Here are 3 Steps...Read More
At MMCCU, we want to help make our members’ holiday shopping experience less stressful. The Holiday Club account is designed to help you save for those annual holiday expenses, so that when the holidays are here, you are ready to shop without added financial stress. The account is a cyclical account, meaning the deposit period...Read More
Getting a new or new-to-you vehicle is exciting, and at MMCCU we’re here to help you through the auto loan process. If you’re not quite sure what you need to know about auto loans, this is the page for you! Where to apply for an auto loan: You spend a lot of time searching for...Read More
A credit score is a number that depicts a consumer’s creditworthiness. Ranging from 300-850, a credit score is based on credit history, including number of open accounts, total levels of debt, and repayment history. In this Q&A, Jerry Litwaitis, VP of Lending, shares why a credit score is important, how a credit score can be used, and advice on how to...Read More
Last week, we shared some fun tips to help teach your kids about saving. This week, we’re focusing on “spending”! Elementary School: If your kids are in elementary school, it’s a great time to talk to them about money. When children are this young, it’s important to keep everything simple and stick to the basics....Read More
Teaching children about finances is important and with so many kids at home right now, it might be just the right time to do so. Marshfield Medical Center Credit Union is dedicated to helping our members of all ages, and with CUNA’s “Youth Month” approaching, we’ll be sharing tips to teach your kids about different...Read More
It’s easy to believe there’s never a good time to start setting aside money for retirement. Perhaps you’ve recently graduated from college and you have student loan payments to make, or you are looking at purchasing your first home and are trying to save for a down payment. Perhaps you had your first child and...Read More
Selling and Buying a House Simultaneously By Jerry Litwaitis, VP of Lending What should be the first step financially that someone takes when they are ready to sell their home and buy a new one? You should contact the credit union and set up an appointment to go over the process with me. The credit...Read More
Paying for college can be challenging, but the team at Marshfield Medical Center Credit Union is there to help. (Read some college savings tips HERE.) “Depending on the year in school, students are capped at how much they can borrow from the Federal Government for student loans,” said David Murphy, VP-Finance & Risk. “Private student...Read More