12 Steps to Financial Wellness Series Step 1: How to Track Your Spending

Are you ready to join us on a journey toward financial wellness?

Each month, Members Choice CU will focus on one step of a financial wellness journey. We’ll tackle the topic in detail and help you learn all you need to know about this step. Follow along, and at the end of the series, you’ll have mastered the tools for a life of financial wellness.

Tracking your spending is the first step toward greater financial awareness and, ultimately, toward financial health.

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BlogGrace Allen
Members Choice Credit Union wants to help your kids fulfill their big dreams.

Suppose you have been wondering how to empower your kids to save for their future. In that case, National Credit Union Youth Month is an excellent opportunity to start! Join us this April as credit unions encourage youth to start saving regularly. This celebration is a great time to engage kids at Members Choice Credit Union and your community. To help them learn that saving, no matter how small the amount, can help them achieve their dreams.

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90th Annual Meeting Celebration

Make plans to join us at our annual membership meeting Tuesday, March 22, 2022.

The MCCU Annual Meeting is an opportunity for members to engage with the Board of Directors and staff. We report on the Credit Union's annual performance for 2021 and tell you about the changes and progress we have made in the last year.

Business Meeting at 6 PM followed by door prize drawings.

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Building Financial Health for a Brighter Tomorrow

On October 21, 2021, Members Choice Credit Union will join over 56,000 credit unions worldwide to celebrate International Credit Union (ICU) Day. The theme of ICU Day 2021 is “Building financial health for a brighter tomorrow.”

ICU Day highlights the many ways that credit unions across the world help members improve their financial health and well-being. To celebrate Members Choice, will be rolling out the red carpet for their new and improved Financial Counseling Program. The credit union will be providing light refreshments throughout the day, along with informational sessions about their financial counseling program.

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FinancingGuest User
Members Choice Names Twenty-Two 2021 Scholarship Winners

Members Choice began establishing scholarship funds about two decades ago to benefit member-owners attaining a post-secondary education. Members Choice received more than 60 applications for this year's awards. Members Choice Scholarship Program has awarded $145,000 to date. The 2021 Scholarship Program will award an additional $22,000, bringing our total to $167,000 awarded to local students.

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The Promises and the Perils of Buy Now, Pay Later

If you shop online, you’ve seen a “Buy Now, Pay Later” offer everywhere from Amazon to Walmart. The idea is simple: Buy a big-ticket item and split the payments up over time. Even retail stores are getting into the act. #BNPL is interest-free, and it can be a good way to get something you really need in hand quickly. Where it’s a problem, though, is if you use it too much or for things you don’t really need and fall behind on the payments. Interest rates as high as 40% can kick in, along with some huge late-payment fees. Use BNPL if you need to, but use it wisely and make sure the payments are part of your monthly budget.

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