We will be closed on Monday, October 13, for Columbus Day.
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…
January marks the start of a new chapter, making it the perfect time to set financial goals and create a plan for a successful year ahead. Members Exchange Federal Credit Union (MEFCU) is here to support you with the tools and resources needed to take control of your finances in 2025. Why January is the […] 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…
Most Americans spend hundreds, if not thousands, on holiday-related purchases each year. While you may have saved up extra cash throughout the year for your anticipated expenses, it can be wise to have a backup plan. Don’t let unexpected holiday expenses end up tanking your savings. A holiday loan can add financial security to your […] Continue…
As the leaves begin to change and the air turns crisp, fall brings more than just pumpkin spice lattes and cozy sweaters. It’s also the perfect time to reassess your finances, particularly your auto loan. Refinancing your car loan during autumn with Members Exchange Federal Credit Union (MEFCU) can offer significant benefits, potentially saving you […] Continue…
Credit unions, like Members Exchange Federal Credit Union (MEFCU), are pivotal in building strong, financially secure communities. As Investopedia explains, credit unions are not-for-profit, member-owned institutions that offer more than just banking services—they create an ecosystem that benefits the local economy and empowers individuals to take control of their financial futures. MEFCU’s focus on education, […] Continue…
Planning for retirement is a critical step towards ensuring financial security in your golden years. Members Exchange Federal Credit Union (MEFCU) offers a variety of Individual Retirement Account (IRA) options designed to help you save effectively and take advantage of valuable tax benefits. Let’s explore the basics of IRAs, compare them to 401(k) plans, and […] Continue…
In 2024, financial scams are more sophisticated and prevalent than ever. With the rise of digital transactions and the increasing use of technology, it’s crucial to stay vigilant and informed about potential threats. At Members Exchange Federal Credit Union (MEFCU), we are committed to helping our members protect their financial well-being. This guide covers various […] Continue…
Investing wisely is crucial for achieving long-term financial goals, and as a member of Members Exchange Credit Union (MEFCU), you have access to numerous resources to help you succeed. This guide will explore effective ways to invest monthly, including high-yield savings accounts, IRAs, and other smart investment strategies to help you reach your financial objectives. […] Continue…
Stepping into the world of personal finance can feel like trying to find your way through a complex maze, especially when it comes to the nuances of interest rates. These rates are more than just numbers—they’re pivotal factors that shape our financial decisions, whether it’s choosing the right loan, managing credit card payments, or maximizing […] Continue…