Summer in Mississippi means sunshine, travel, and home upgrades—but it can also come with unexpected costs. Whether it’s fixing an aging air conditioner, finally tackling that kitchen renovation, or booking a long-overdue vacation, expenses add up quickly. At Members Exchange Federal Credit Union (MEFCU), we believe your summer plans shouldn’t be stalled by your wallet. […] Continue…
Members Exchange has two Board of Directors positions currently open for election. These are volunteer positions and are non-compensated. After reviewing the responsibilities, any member who is interested in serving should complete the nomination application either through the web application below or print & mail an application. Submitting a Nomination: 1) Complete the web application below […] Continue…
In a year shaped by economic shifts, inflation, and surprise expenses, many people are asking the same question: How can I stay financially stable in an unpredictable world? While you can’t control the economy, you can take steps to stay financially prepared. At Members Exchange Federal Credit Union, we believe that with the right tools […] Continue…
Youth Financial Literacy Tips: How to Build Smart Money Habits Early April is Youth Month at Members Exchange Federal Credit Union (MEFCU)—a great time to help the next generation build smart financial habits. Youth financial literacy goes beyond dollars and cents; it’s about managing money, making informed choices, and avoiding common pitfalls. From budgeting and […] Continue…
Green finance is revolutionizing the banking industry by integrating eco-friendly practices into financial services. At Members Exchange Federal Credit Union (MEFCU), we are taking steps toward a more sustainable future by offering digital banking solutions that reduce paper waste and support smarter financial management—all while helping protect our planet. What is Green Finance, and Why […] Continue…
Tax season is here, and for many, it means a chance to boost savings or pay off expenses—but did you know that millions of taxpayers miss out on valuable tax credits and deductions every year? Filing your taxes the right way can put more money back in your pocket, and Members Exchange Federal Credit Union […] Continue…
As the year winds down, it’s a great time to reflect, regroup, and refresh your financial plans. Preparing now can pave the way for a strong financial start in 2024, and Members Exchange Federal Credit Union (MEFCU) is here to help. With a proactive approach, you can make smart moves to maximize savings, tackle goals, […] Continue…
Spring is in the air, and what better time to freshen up your finances? Just like decluttering your living space can bring a sense of renewal, taking the time to tidy up your financial house can lead to greater clarity, peace of mind, and even savings. Here are some comprehensive tips to help you spring […] Continue…
What is an Actual Balance vs. an Available Balance? Your checking account has two kinds of balances: the “actual” balance and the “available” balance. Both can be checked when you review your account online, by mobile application, by phone, or by contacting the credit union. It is important to understand how the two balances work […] Continue…
12 Tax Scams to Avoid in 2021 Filing Season Each year, the IRS publishes the “Dirty Dozen,” a list of tax scams to avoid during that year’s tax season. This year, with COVID-19 pushing off the federal tax deadline to July 15, the IRS held off publishing the list until early July, and of course, […] Continue…