According to a recent survey, most Americans planned to spend at least $1,000 on holiday-related purchases in 2020 for themselves and their families; however, we all know that sometimes, that number can rise. While you may have saved up the extra cash throughout the year for your anticipated expenses, it can be wise to have […] Continue…
Tapping into your home’s equity can be a good way to access quick cash to pay for more than just renovations on your home. HELOCs can help you improve your financial picture if done properly. It’s important to proceed with caution when borrowing money against your home; however, keep in mind that HELOCs are only […] Continue…
The car-buying process can sometimes be filled with uncertainty. Will my interest rate be low enough to afford the car I want? Will my down-payment be enough to secure the monthly note I need? Whether you’re a recent grad with your first real job or someone who is just starting their car-buying journey alone, there […] Continue…
A home equity line of credit (HELOC) is a line of credit secured through your financial institution on your home that gives you a revolving credit line to use for large expenses. A HELOC typically has a lower interest rate than other credit lines due to the nature of the loan. A home equity line […] Continue…
When life hands you lemons, they’re not always sweet. Oftentimes, hardships like divorce, funerals, or maybe an unexpected bundle of joy can bring about financial shifts. When this happens, financial counseling can be the solution you need to getting back on your feet. Whether you are in the process of managing your debt, expanding your […] Continue…
We’ve made it through 2020, vaccines are on the rise, and the light and the end of the tunnel is fast approaching. While most of us reluctantly endured isolation for the hope of a better tomorrow, we were dreaming of the opportunity to one day escape the routine in exchange for new experiences. We’ve spent […] Continue…
One thing that has never changed about the American spirit is our desire for travel. Whether via train, plane, boat, camper, or car, mobility is in our blood. It fuels our sense of freedom and brings us closer together. Since the start of the pandemic, RV purchases have skyrocketed over the past year, and the […] Continue…
Tax season is here, and we know the perfect way to invest your 2021 tax return. If you’ve been thinking about buying a new or used car, now is a perfect time. With interest rates at an all-time low, you can find yourself in a fresh set of new wheels at a fraction of the […] Continue…
As a member, you know the benefits of doing business with the credit union. So, why not share the love? That’s why for the month of April, we now offer you $25 when you refer someone who becomes a member at MECU. PLUS, your referral will be rewarded, too – with up to $30! $10 […] Continue…
If you’re in the process of filing your 2020 tax return, be prepared for the outcome to look a little different this year. Millions of Americans have received additional financial support from the federal government during the 2020-2021 fiscal year. While this financial boost acted as a life raft for most during the COVID-19 outbreak, […] Continue…