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...Read More
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...Read More
As senior citizens are often targeted by scammers, it is important for them to take measures to protect themselves from financial fraud. Here are some steps seniors can take to prevent fraud: Be aware of common scams: Be familiar with common scams like telemarketing fraud, investment scams, and sweepstakes scams. Keep up-to-date on new and emerging...Read More
Good afternoon: On the afternoon of Tuesday, February 7, MMCCU staff became aware of a smishing attack that circulated throughout the area via text message (screenshot #1) asking recipients if they recognized a purchase done outside the area for a large amount. If the recipient responded “NO”, a second message was sent indicating the recipient would...Read More
MMCCU is exploring offering Solar and EV Loans to its membership On February 14, the U.S. Environmental Protection Agency (EPA) announced initial guidance on the design of the Greenhouse Gas Reduction Fund (GGRF) program, created by President Biden’s Inflation Reduction Act. EPA published two Federal Assistance Listings outlining key parameters of the grant competitions that will...Read More
