For the safety of our members and staff, branch lobbies will be temporarily closed effective March 19. Drive-thru locations will remain open. Click here for more information.
With the ongoing events related to COVID-19, please beware of potential scams. Many fraudsters are pretending to be credible sources, such as the World Health Organization (WHO) and Johns Hopkins University. Most commonly, they are targeting victims through phishing emails, phone calls, text messages, and social media. To help protect yourself against fraudsters, do not […] Continue…
While we encourage you to conduct business online and through the drive-thru, we understand that some business may need to be conducted in person. Due to the nature of the service, such as opening an IRA or safe deposit box entry, you may be able to schedule an in-lobby appointment with our staff. Please […] Continue…
As an NCUA-insured credit union, your accounts at Members Exchange are federally insured up to $250,000 by the National Credit Union Association (NCUA). NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. Credit Union members have never lost a penny of insured savings at a […] Continue…
To Our Valued Members, Our management team continues to monitor the development of COVID-19 through the Centers for Disease Control (CDC), World Health Organization (WHO) and the MS Department of Health (MSDH). We are taking every precaution to keep a clean environment for our employees and members. We want you to know that we’re here […] Continue…
Identity theft can occur when an individual obtains personal information, such as your social security number, date of birth, address, and financial account numbers. Once this information is collected, the thieves will assume or take on your identity, allowing them to purchase items or obtain credit illegally. While identity theft can happen to anyone, there […] Continue…
Budgets are like the New Year’s resolutions of personal finance. We all know we should have one and we all know it’s a fairly simple thing to follow—at least in theory. Whether you’re planning your first budget or re-evaluating your current budget, the ground rules listed below will set you up for success by changing […] Continue…
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 so that you know how much money is in […] Continue…
Understanding Withholdings You just got your paycheck. Your eyes scan down the list of deductions and settle on the most important part—your take-home pay. You take that number and start subtracting your bills, your day-to-day purchases, or that expensive item you’ve got your eye on. However, hiding in the often-overlooked payroll withholdings, you may find […] Continue…
Unexplained charges on your credit or debit card can be very inconvenient to deal with. Paying close attention to transactions will help you to detect these discrepancies early, so that you can dispute them as soon as you notice anything suspicious. We recommend that you take the following steps to dispute unknown transactions: Step 1: Verify […] Continue…
An emergency fund is an essential part of your personal finances. Its importance is stressed in almost every personal finance book and budgeting blog, and yet 26% of Americans currently have no emergency fund in place. Of those who do have an emergency fund, up to two-thirds do not have the often-recommended six months’ worth […] Continue…