The CARES Act provides funding for SBA Paycheck Protection loans. These loans will help help small businesses pay their employee and cover expenses like benefits, building rent or mortgage interest and utilities. We've partnered with Kabbage to help you access these critical funds.
You may need the following information to complete your application.
The U.S. Chamber of Commerce offers a guide and checklist and the SBA also provides additional information.
Click to Apply
Your use of the site and your reliance on any information on the site is solely at your own risk. All information on this site is provided in good faith, howeverMembers Advantage Credit Union makes no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the site. Under no circumstance shallMembers Advantage Credit Union have any liability to you for any loss or damage of any kind incurred as a result of your use of the or reliance on any information provided on the site or your submitting a loan application to Kabbage.
"Scammers are taking advantage of fears surrounding the Coronavirus. They're setting up websites to sell bogus products, and using fake emails, texts, and social media posts as a ruse to take your money and get your personal information.
The emails and posts may be promoting awareness and prevention tips, and fake information about cases in your neighborhood. They also may be asking you to donate to victims, offering advice on unproven treatments, or contain malicious email attachments."
By Colleen TresslerConsumer Education Specialist, FTC
The FTC and FDA have jointly issued warning letters to seven sellers of unapproved and misbranded products, claiming they can treat or prevent the Coronavirus. The companies’ products include teas, essential oils, and colloidal silver.
The FTC says the companies have no evidence to back up their claims — as required by law. The FDA says there are no approved vaccines, drugs or investigational products currently available to treat or prevent the virus. Read more about the warning letters.
Here are some tips to help you keep the scammers at bay:
credit: Federal Trade Commissionhttps://www.consumer.ftc.gov/features/coronavirus-scams-what-ftc-doing
UPDATE AS OF 5/1/20:
Governor Holcomb has reduced some restrictions effective 5/4/2020. However, the Michigan City restrictions have not yet been lifted by Mayor Perry. Therefore, lobbies are still currently closed. However, MACU's drive throughs remain open to serve our members' needs. We would continue to ask members to utilize our other electronic delivery systems (i.e. ATMs, Mobile Banking, Online Banking, Night Depository, etc.) as much as possible; however, should you need to see a Member Service Representative, we ask that you call to schedule an appointment. The Portage branch will follow suite with Michigan City. Thank you for your patience and for being a valued member of our credit union.
UPDATE AS OF 3/19/20 The safety of our members, our community, and employees is our number one priority. We are continuing to monitor the situation closely and will keep you apprised of any developments that affect MACU.
We understand that many of our members and friends in the community are having their financial situations negatively impacted by escalating concerns over the COVID-19 virus. Reduction of staffing and hours may quickly take a financial toll on many of our members' finances. As a result, we'd like to do what we can to help lessen the financial burden in any way possible:
If there is any other way we can help you, please reach out. Please know we will do what we can to help you during this difficult time.
Michigan City: (219) 874-6943 | Portage: (219) 762-6228
During this uncertain time, we remain committed to providing you excellent service. We have several ways to do that!
Thank you for your help and cooperation as we work together to protect the health of our members, employees, and their families.
Michigan City: (219) 874-6943 Portage: (219) 762-6228
Due to escalating health concerns regarding the potential spread of the Coronavirus (COVID-19), MACU is postponing the March 28 annual meeting. We will release details for rescheduling as soon as they become available. Thank you for your patience as we work together to keep our families and community safe and healthy.
MACU is no longer mailing paper notices for transfers, overdraft protection, and nonsufficient funds. Also, beginning February 15, overdraft and NSF fees will be $35 per item.
MACU IS GOING GREEN
As part of our commitment to the community, we are doing what we can to reduce our footprint. Beginning February 1, 2020, we will no longer be mailing paper notices for transfers, overdraft protection, and nonsufficient funds. In addition, ODP and NSF fees will be updated to $35 per item.
College is expensive, and it can be overwhelming trying to pay for it. That’s why we developed our MACU scholarship program.
The deadline to apply is February 26.
CLICK HERE TO APPLY