MCCU Makes Saving Money FUN!

The first step to learning about lifetime money management is opening a credit union savings account.  Our youth savings programs will help you become a self-assured saver and responsible borrower.  We make saving money fun, while showing the power of saving that will help you reach your goals.  Don't wait.  Come see us today to start your journey on the road to confident money management.

Youth Saving Account

You can open an MCCU Youth Saving Account with as little as $5.  A $50 minimum balance is required to have additional products or services (not including MCCU Online).  Youth Saving Accounts are available for those 17 years of age and under.  With this type of account you have the opportunity to qualify for drawings both quarterly and annually.  You will receive a quarterly statement and a lifetime membership to Marshall Community Credit Union.  To open a Youth Saving Account, contact MCCU today!

Welcome 18 - 25 year olds! Some of you are getting ready to enter college, while other are preparing to find your first job. MCCU would like to help you make these important decisions and continue to provide the financial services  and education you have come to rely on.

Credit Unions Rock
Credit Unions Rock is an informative site full of helpful information, no matter what age you are.  It has links for learning to save, getting a job, getting into college, getting married and everything else in between.

Attention all Youth!

 Never seem to have enough money for the things you want?  Marshall Community Credit Union has just the thing for you.  If you are age 13 through 17 and are eligible for membership (or are already a member) you could receive a youth loan.

This loan service is intended to help young people establish a credit history with the credit union while helping them to purchase clothing, bicycles, holiday and birthday gifts, musical instruments, sports equipment, or for any worthwhile purpose.

The youth must have regular income from verifiable sources, and documentation is required for all sources of income.  Parent's knowledge or consent is required, but parents are not required to act as co-signers.

*** Here is a breakdown  of the Youth Lending Programs ***

Ages 13 - 17

Documents Required:

Youth Loan Application
Counselor/School Rep Form
Parental Consent Form
Income Documentation
If a co-signor - consumer loan application, proof of income

Types of Loans/Rates:

Installment Loans:
     Maximum $500
     Interest rate of 12.9% without a co-signer
     Interest rate based on unsecured rate schedule with a co-signer

Visa:
     Without co-signer = $200 maximum limit
     With co-signer = $500 limit

Youth Loan are not reported to the credit reporting agencies.

Announcing Smart Savers

Annual Winners 2007 Jack H. Jonathan H.

Quarterly Winners         December 2007         Brian S.         Brooke S.

A Tour is an Educational Opportunity at MCCU

Did you know that Marshall Community Credit Union offers group tours to area schools and youth groups?  Groups of 25 or less are welcome.  Each tour includes:

• A short presentation about money
• Discussion about the difference of a Credit Union and a Bank
• Visit to the Drive-Thru/Teller area
• Visit to Vault and Coin Counter

If you are interested in scheduling a tour for your organization, please contact MCCU's Marketing Department by calling 269-781-9885 or email tuckera@marcomcu.org.