Blog & News

News and tips to keep you informed and put you on a path to financial health.

Tax Benefits for College Students

Money Management Spending/Saving

Did you know you can take advantage of special tax breaks just for college students and their parents? These benefits come in the form of tax credits and deductions when you file your income tax return. What’s the difference? A credit reduces the amount of income tax you have to pay. A deduction reduces the amount of your income that is taxed, which also typically lessens your tax bill. In other words, you could get a bigger tax refund! Filing Your Taxes…
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Does a new car top your holiday wish list?

Life Goals Spending/Saving

If you’re looking to drive into the new year on a new set of wheels, the timing is right to save some money on this big purchase! According to Kelley Blue Book, you can benefit from both year-end sales events and, if you wait until the end of the month, automakers and dealers looking to meet monthly sales targets. But according to Automotive News, more Americans are likely to turn toward a used car for their next purchase. Both escalating…
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Best Ways to Manage Your Holiday Expenses

Money Management Spending/Saving

With the holiday season right around the corner, consumers are often unprepared for the additional expenses for those special presents and occasions and exit the holiday season with debt—a gift that unfortunately keeps on giving. 

Local Service. Global Reach.

News

On October 17, 2019, Midwest Community will join with 56,000 credit unions around the world in celebration of International Credit Union (ICU) Day®. There are 200+ million credit union members around the world—more than 100 million in the U.S. alone—and Midwest Community joins them in celebration of the not-for-profit cooperative spirit that all credit unions share. This cooperative spirit has led to life-changing opportunities for people all over the world who’ve wanted to start a small business, own a home…
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Back-to-School shopping is almost as big as Black Friday—learn how to save this year!

Money Management Spending/Saving

Ohioans may not be planning to spend as much as the national average on back-to-school shopping this year, but that doesn’t mean the supply run will be cheap. The back-to-school season has become the second biggest shopping season of the year in the U.S., according to a Deloitte Back-to-School survey. American households were expected to spend about $27.6 billion on clothes and supplies for the new school year in 2018. In the Ohio Credit Union League’s 2019 consumer survey, 36…
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Josh Koenig Appointed Midwest Community CEO

News

Midwest Community Federal Credit Union is excited to announce the appointment of Josh Koenig to President & CEO, after the departure of longtime CEO Sonja Delaney. Koenig was previously the Vice President of Technology for 2 and a half years. The Board of Directors was looking for the right leader to boldly blaze a trail for Midwest Community into the future of the financial services industry. Josh Koenig is the leader who stood out among all others. He brings a…
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Paying for College with Midwest Community

Life Goals

Our congratulations go out to the Class of 2019 and their parents! Preparing for college is an exciting time, but it can also be stressful as you start to tally the costs. College is expensive! Before you get overwhelmed, take a deep breath and walk through the process one step at a time.   How much will it cost? By now you have probably received a financial aid award letter from your college of choice that outlines your Cost of…
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This eBook will help you maximize tax time!

Money Management News

Every year, the middle of April marks the end of the federal tax return filing season. For many Americans, that can mean seemingly endless forms, paystubs, and other paperwork. However, tax time can also be a unique opportunity for saving for your future! Grab this free eBook now to learn how you can maximize tax time in three easy ways and make your tax refund work for you!

Get Informed and Be Better Protected from Fraud

Credit Score Fraud

On average, Ohioans consider themselves adept at protecting their personal information, but research suggests that may not be enough to keep identity thieves at bay. According to an Ohio Credit Union League 2019 consumer survey, about 90 percent consider themselves to be well-informed consumers when it comes to protecting themselves from identity theft. That fits with the national trend. Across the U.S., consumers have become increasingly aware that their personal information needs protection. Since stories about data breaches have become…
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