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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Top 5 Facebook Scams

Fraud

Facebook now has over a Billion users, that’s a mind-boggling number of people who check their page regularly. The bad guys are irresistibly attracted to a population that large, and here are the Top 5 Scams they are trying to pull off every day of the year. Who Viewed Your Facebook Profile: This scam lures you with messages from friends or sometimes malicious ads on your wall to check who has looked at your profile. But when you click, your profile will be…
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Sticking to Financial Resolutions

Life Goals Money Management Spending/Saving

Ohioans, like most Americans, entered 2019 hoping to better their finances, but many have likely already fallen off track. In an Ohio Credit Union League 2019 consumer survey, 69 percent said their New Year’s resolution was to get on a budget. That statistic isn’t surprising; many Americans looked critically at their financial situations as they headed into 2019. Statista, a platform providing statistical data on a variety of topics, polled 2,000 people about their New Year’s resolutions in early January….
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Why it’s never too early to start saving for a down payment

Life Goals Money Management Spending/Saving

The best advice my mom ever gave me was, “Pay yourself first.” Pay yourself first What does that mean? Every payday, put some funds straight into savings – before you throw that cash at other expenses or purchases. Now, it doesn’t mean you should ignore your bills. Obviously, you need to pay your rent and make your car payment and all the rest. But if you set yourself an aggressive monthly saving goal, paying yourself first can help you avoid…
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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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