The Wisconsin Credit Union League recently shared an article highlighting a recent study showing the benefit of the credit union tax exempt status (Read it here!). The study revealed that Tax-exempt credit unions save US consumers $15 billion per year. It also estimates losses of $5.6bn in annual federal income tax revenue if credit unions’...Read More
Marshfield Medical Center Credit Union participated in The Wisconsin Credit Union League’s annual “Hike The Hill” event, which this year took place virtually. Hike the Hill is an annual event in which credit union professionals from across Wisconsin join together to march on Capitol Hill in DC to meet with legislators discussing the topics that...Read More
Roth IRA Conversion Explained If a tax or financial planner advises you to consider a Roth IRA Conversion, MMCCU is able to provide this service to members. *First, work with your tax advisor or financial planner to determine if a Roth IRA Conversion makes sense for your financial situation. If it does, our team can...Read More
Save the Day with the Simple Way to Pay! We’re excited to announce members can now add their CUMONEY® Visa® reloadable cards to their mobile wallets thanks to tokenization! Members can save time and make purchases with ease through these prepaid cards, which also provide the benefit of a fast, secure way to pay on-the-go!...Read More
Another Marshfield Medical Center Credit Union member is the latest lucky winner of the Saver’s Sweepstakes® program. Gale M is the latest to win $100 simply by using a Saver’s Sweepstakes® account to save. (Last year, Carol also won $100, twice!) “These accounts are offered through the Wisconsin Credit Union League and we are so...Read More
Bill Rosandick is the newest member of the MMCCU Board of Directors. A Rapids native, Bill has been an MMCCU member since 1992. Bill is a retired respiratory therapist with a Masters Degree from Northeastern University. He also taught respiratory therapy at MSTC for 14 years. Prior to his career in Marshfield, Bill served in...Read More
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
