Routing Number: 271291460 (219) 874-6943 - Michigan City, IN (219) 762-6228 - Portage, IN    

Common Questions on Debt Management Plans

When it comes to Debt Management Plans (DMPs) there can be a lot of unknowns—how they are set up, what the process looks like on our side, and the ways debt management can impact your overall financial picture. We’re wholehearted believers that educating yourself is the first step towards building healthy money habits, so we’ve rounded up several questions that our counselors hear most often.

 

Common Questions on Debt Management Plans

Switch to Kasasa

Make the switch to financial freedom today! Experience the ease and rewards of our free Kasasa Checking account. Say goodbye to monthly fees and hello to a brighter financial future. Join us now and enjoy banking that works for you.

Call or stop by any branch to learn more! 

https://www.macuonline.org/products-services/checking

 

4 Steps to Take with Your Student Loans

Borrowers should be ready to make student loan payments. Here are steps to move forward as protections end.

 

Download 4 Steps to Take with Your Student Loans PDF

 

 

ATM's and Branches Wherever You Go With College Banking

 

Are you ready to embark on your college journey? MACU is here to support you every step of the way with our exclusive College Banking and Shared Branching services.

Get Smart About Your Finances: As a college student, you need a banking partner that understands your unique needs. With MACU's College Banking, you'll enjoy no monthly service charges, convenient online and mobile banking access, and access to thousands of surcharge-free ATMs nationwide. It's time to take control of your financial future.

Connect Anywhere: Our Shared Branching network ensures that no matter where your studies take you, you'll have convenient access to your accounts. With over 5,000 shared branches nationwide, you can make deposits, withdrawals, and more, just as if you were at your local MACU branch.

Your Campus, Your Branch: Discover the freedom of banking wherever you go. MACU's College Banking and Shared Branching services provide the flexibility and convenience you need to manage your finances, so you can focus on what matters most: your education.

Join us today and experience the MACU difference. Contact us to learn more about our College Banking and Shared Branching services. Let us be your trusted financial companion throughout your college years and beyond.

 

Shared Branching

College Banking

 

 

Unlocking Financial Growth: The Benefits of a Certificate of Deposit (CD)

 

As a Members Advantage Credit Union (MACU) member, you can access various financial products designed to help you achieve your goals and secure your financial future. One product that deserves your attention is the Certificate of Deposit (CD). We will explore the numerous benefits of investing in a CD and how it can be a valuable addition to your financial strategy. So let's dive in and discover why having a CD is a smart move for our members. 

 

Guaranteed Returns: 

When you open a CD, you can enjoy peace of mind with guaranteed returns. Unlike other investment options, CDs offer a fixed interest rate that remains consistent throughout the term of your investment. Regardless of market fluctuations, your money is safe and will continue growing steadily.   

Frank, President of MACU: "A CD provides our members a secure and reliable way to grow their savings. With guaranteed returns, it's a valuable tool for achieving financial stability." 

  

Higher Interest Rates: 

Compared to traditional savings accounts, CDs often offer higher interest rates. This means that your money can grow faster, allowing you to maximize your savings. At MACU, we strive to provide our members with competitive rates, and our CD options are designed to help you make the most of your hard-earned money. 

 

Diverse Term Options: 

MACU offers a variety of CD terms to suit your financial goals and preferences. Whether you are looking for a short-term investment or a longer-term commitment, we have options that cater to your needs.  

  

Flexibility and Convenience: 

At MACU, we understand the importance of flexibility and convenience in managing your finances. Our CDs offer options such as automatic renewal, allowing you to roll over your investment when the term ends seamlessly. You can also opt for interest payments at regular intervals or let the interest compound, increasing your overall returns. 

  

NCUA Insurance: 

The National Credit Union Administration (NCUA) insures all MACU CDs up to the maximum amount allowed by law. This means that your investment is protected, providing an added layer of security for your financial future.

 

As a member of MACU, you have access to a powerful financial tool – the Certificate of Deposit (CD). By investing in a CD, you can enjoy guaranteed returns, higher interest rates, and the flexibility to tailor your investment to your needs. Take advantage of the diverse term options and the peace of mind with NCUA insurance. Start growing your savings with MACU today and unlock the benefits of a CD. 

Remember, as Frank, the President of MACU, emphasizes, "A CD is a valuable tool for our members to secure their financial future and achieve their goals. We are committed to providing products that support their financial growth." 

So, why wait? Please speak to our knowledgeable team or visit our website to explore our CD options and start your journey toward financial success. 

  

Disclaimer: This blog is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions. 

 

No need to worry about your deposits! MACU has you covered.

You may have heard about a large potential bank collapse in California where depositors were not able to get their deposits. In Indiana, specifically at Members Advantage Credit Union, your deposited funds are available and insured by the Federal Government's National Credit Union Share Insurance Fund.
 
Credit unions like Members Advantage Credit Union offer a safe place for credit union members to save money. Deposits at federally insured Credit Unions are protected by the National Credit Union Share Insurance Fund and insured up to at least $250,000 per individual depositor – the same as any other federally insured financial institutions. That means backing by the full faith and credit of the U.S. government.
 
Credit union members have never lost a penny of insured savings at a federally insured credit union. Visit MyCreditUnion.gov for more information about the National Credit Union Share Insurance Fund coverage for consumers. 
 
In addition to federal deposit insurance from National Credit Union Share Insurance Fund, several credit unions, like Members Advantage Credit Union, provide additional excess private deposit insurance through American Share Insurance for its membership. American Share Insurance has powered additional excess private primary deposit insurance for up $250,000 per member account since 1974 without experiencing a loss. Currently, American Share Insurance insures $2.2 billion from 1.3 million members.
 
American Share Insurance is licensed and dually regulated by the Ohio Department of Insurance and the Ohio Department of Commerce, as well as supervised by credit union regulators in the state of operation. American Share Insurance is also audited annually by Deloitte & Touche, LLP, and holds a history of low loss ratios and high equity levels.
 
Members Advantage Credit Union's depositors have their deposit accounts insured for more than the typical financial institution. Rest assured, your deposits are protected.
 
If you would like to know more about your insured deposits at Members Advantage Credit Union, please feel free to contact us. 

 

Mortgage Meet & Greet

Stop by to meet loan officer Heather Opperman from CU Mortgage Service, our preferred mortgage lending partner.
 
Appointments are highly encouraged as walk-ins may experience wait times. To make an appointment with Heather during one of the scheduled Meet & Greet events, please call 219-874-6943.

 

Members Appreciation Month 2022

At MACU, we love our members and are excited to celebrate you. During Members Appreciation and throughout the whole month of August, we have some great deals and giveaways for you. This is our way of saying THANK YOU!

Contest now closed. 

   

    

What is Spoofing?

Spoofing is when a caller changes the information on your caller ID display on purpose to hide their identity. They use neighbor spoofing so it appears that an incoming call is coming from a local number, or spoof a number from a company or a government agency that you may already know and trust. If you answer, they try to steal your money or personal information, which can be used in fraudulent activity. 

 

Click the link for more information about spoofing. 

https://www.fcc.gov/spoofing