We want to make you aware of an important update resulting from the One, Big, Beautiful Bill Act, which includes the “No Tax on Car Loan Interest” provision. Under this law, certain vehicle loans may qualify for a deduction of interest paid on eligible auto loans. Please note: It is each member’s responsibility to verify whether their vehicle meets the eligibility requirements outlined in the One, Big, Beautiful Bill Act. You can find more information from the IRS here: https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors Our credit union cannot determine or certify…
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To our Members: We want to inform you of upcoming scheduled maintenance to our data center that may result in temporary service interruptions. During this time, you may experience limited access to: Mobile Banking Online Banking Intermittent debit card disruptions Maintenance Window: Saturday, September 6, 2025 starting at approximately 11pm Please rest assured that this is routine maintenance designed to improve the reliability, security, and performance of our systems—so we can serve you even better. Our teams will…
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To our Members: We want to inform you of upcoming scheduled maintenance to our data center that may result in temporary service interruptions. During this time, you may experience limited access to: Mobile Banking Online Banking Intermittent debit card disruptions Maintenance Window: Saturday, August 2, 2025 from approximately 8pm-2am Please rest assured that this is routine maintenance designed to improve the reliability, security, and performance of our systems—so we can serve you even better. Our teams will work…
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Private Student Lending Solutions from Midwest Community Federal Credit Union Running out of time and options to pay for college? Midwest Community Federal Credit Union can help make things less stressful. Our private student lending solution can help you responsibly fill college funding gaps that remain after you’ve exhausted lower-cost sources of aid. With our innovative line of credit, you can secure funding for an entire undergraduate career with just one application!* In future academic years, simply request funds from…
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Starting May 1, 2025, all Shared Branching users must preload their state-issued driver’s ID into the IDCheck application before visiting a Participating Shared Branch location. This new fraud prevention measure allows us to make certain it is YOU trying to access your account, not an imposter. Simply scan the QR code and follow the details below. If you have any questions or need any assistance, please call/text our Member Support at (419) 783-6500.
Getting organized early to file your 2024 tax return can reduce stress and help you file on time. Start planning now to ensure your return is in order and you maximize credits and deductions that can lower your tax bill. The IRS processed 163 million individual tax returns last year with an average processing time of 21 days, and an average refund of $3,050. It is in your best interest to file early and receive any refund due to you…
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New digital technologies make managing money and buying the things you need easier. But the rise in apps, digital wallets, and online shopping also is a thief’s paradise, with consumers losing billions to fraud each year. Scammers are becoming smarter at hacking into company systems, stealing sensitive data, and using it to defraud innocent victims. Learn how to recognize common scams and protect yourself in 2025. AI-powered fraud Criminals are now launching phone and email campaigns using artificial intelligence to…
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Ditching Bad Money Habits for a Financially Healthy Future
Money Management Spending/Saving
This post originally appeared on yourmoneyfurther.com. Money plays a crucial role in our lives, influencing our choices, opportunities, and overall well-being. Yet, many of us find ourselves trapped in bad money habits that hinder our financial growth. It’s time to break free from these destructive patterns and pave the way for a more secure and prosperous future. In this blog post, we’ll explore some common bad money habits and discuss strategies to overcome them. Living Beyond Your Means One of…
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America Saves Week 2024: Saving At Any Age
Spending/Saving
Talking about money has been considered taboo for too long, but this mindset could be doing us a disservice. After all, it’s not what you say but how you say it. You’ve gained valuable insights this week, and the next step is to share those learnings and check-in with your loved ones. On the fifth and final day of America Saves Week, we encourage you to: Talk to family members, whether it be your own kids to older generations, about…
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America Saves Week 2024: Paying Down Debt IS Saving
Spending/Saving
Just like having a plan for saving is important, so is having a plan to pay down your debt. Recent reports show that individuals have increased their usage of credit cards due to the ongoing inflation and rising costs of our basic needs like housing, food, and transportation. Couple that with the return of student loan debt repayment and the interest rates increase, and the ability to pay down debt is exacerbating the savings crisis, hindering the ability to save…
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