Why checking your credit score can pay off

Credit Score Fraud

For many, credit scores come with, judgment, risk, and security, which is why many Ohioans are paying attention to them. In an Ohio Credit Union League 2018 consumer survey, 73 percent of respondents reported checking their credit scores within the past six months. That’s compared to 18 percent who had checked within the last year, and 8 percent who’d last sought their scores more than a year ago. The average American isn’t quite as conscientious. According to a survey from…
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4 Holiday Budget Tips

Money Management Spending/Saving

The holidays are a magical time of year, but they can also be the most stressful. Family, food, shopping, crowds, and chaos abounds. Here are five tips to help manage the holiday stress by not breaking the bank. Limit Spending: Determine the number of gifts you are planning to buy, along with the total dollar you amount you plan to spend. This would include gifts for family, neighbors, co-workers, pets, friends, etc. Put a set dollar limit for each item….
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6 ways to prepare for retirement

Life Goals Money Management Spending/Saving

Planning for retirement can be daunting, leaving even the most-prepared individuals feeling anxious. In an Ohio Credit Union League 2018 consumer survey, 92 percent of respondents said they had at least one major financial concern about retirement. A majority of the survey’s respondents, about 74.6 percent, don’t plan to retire from full-time employment in the next five years, if ever. Ohioans’ financial fears surrounding retirement vary. Most, 27.5 percent, fear they won’t have time to save what they need. Another…
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Life Hacks for Saving

Life Goals Money Management Spending/Saving

Saving money, especially when you’re young, can be challenging. But, that doesn’t mean that you can’t manage your money like a BOSS! With today’s technology, literally at your fingertips, there is no reason why savings and spending should go unmanaged. Right now, Millennials are stepping into or are a few years into the beginning of their careers. Managing bills, a new job, new expenses, and oh, yeah, that college loan can be daunting, but not unruly. Track Your Spending Mobile…
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Credit Union Myths Debunked [VIDEO]

News

Since the financial crisis of 2008, millions of Americans have switched from banks to credit unions. Now more than 116 million people in the U.S. use credit unions. Why? Because credit unions are a better deal. They offer better rates, fewer fees, and their superior service and people-first values empower you to get after your biggest dreams in life more quickly. But there are some persistent myths about credit unions—allow us to clear up some of the biggest. Myth #1:…
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Online Security Tips – Beware of Friend Requests on Social Media

Fraud

The bad guys aren’t limiting their scams to just your email account – they’re attacking you via social media, too! They create a fake profile and request to be your friend, or send you a message. They come off as wanting to be friends (in some cases, maybe even more), but what they really want is your money or your friend list. With access to your friend list, the bad guys will have even more people to target. Don’t let…
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Online Security Tips – Company Size Doesn’t Matter

Fraud

Think hackers are only trying to target large corporations for their cyberattacks? Think again! If you are an employee of a small to medium size business, you may have an even bigger bullseye placed on you by hackers. Smaller businesses have recently become a bigger target for cyber attacks because the hackers know that they likely have fewer defense resources in place. According to the National Cyber Security Alliance, one in five small businesses falls victim to cybercrime each year….
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New Branch Hours

News

At Midwest Community we focus resources on providing you optimal access to manage your money and reach financial health. Midwest’s digital access and money management tools provide resources when you need them most, wherever you are, any hour of the day. As financial needs and habits change, so does use of access points and resources at the credit union. In light of decreasing lobby and drive up traffic we will be modifying branch hours to better allocate resources enhancing your…
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Why healthy relationships require financial communication

Life Goals Money Management

Everyone knows communication is key to a happy marriage. Couples love talking about their future together and exciting vacation plans, but avoid the tough conversations like finances. In fact, 91 percent of Americans said they actively found reasons to avoid discussing money with their partners, according to an American Express Spending and Saving Tracker poll. Even though they’re not communicating about money, couples are stressing about it. A Money Magazine poll found four out of five spouses believe they’re on…
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Million-dollar Savings Celebration!

Life Goals Money Management News

We’ve got some exciting news to share! Over the course of the last year, we’ve been on a mission to save our members as much money as possible through our “Get Moving, Get Saving” campaign. We’ve helped many of our members save thousands of dollars in interest when they switch their high-interest loans to a lower interest rate with us. We’re happy to announce we’ve now saved our members over ONE MILLION DOLLARS in interest on their loans! That’s big news!…
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