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america saves week 2023
The annual campaign focuses on increasing Americans’ financial confidence through addressing individuals’ emotions, lived experiences, and helping them get a clear view of their finances in order to set new goals. MMCCU is a proud participant in America Saves Week, an annual national campaign that encourages individuals and families to check-in on their finances by highlighting...
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401k to roth ira
Rollovers from a 401(k) plan to an IRA are becoming increasingly popular among people looking to manage their retirement savings more effectively. While there are many advantages to this type of rollover, there are also some disadvantages that need to be considered before making the move. “It’s important to take a look at the pros and...
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online banking maintenance
ESP Technical Staff is performing routine security maintenance to several production systems, and anticipates possible interruptions or downtime on 2/26/2023 between 7:00am-4:00pm PST. The following may be temporarily impacted during the upgrade: Online, mobile, and audio banking FORZA Online ATM (Temporary Stand-In Periods) Shared Branch Minimal (if any) interruptions are expected, however active sessions may disconnect...
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economic update mmccu
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 rates...
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romance scams on the rise
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 profiles...
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