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Recession: When Will This Thing Be Over?

Although Yogi Berra spoke the immortal words “It ain’t over till it’s over” in 1973, he just as well may have been talking about the credit crisis that..

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Bunk Banks Highlight the Value of MCU

Recent economic turbulence has made it difficult to know where to go or who to trust for your financial services. The stock market is down, people are..

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The Paradox of Thrift? Give Savers a Break!

Recently released government figures reveal what many of you already knew – Americans have rediscovered the importance of thrift. The national savings..

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Humility, Transparency, and Larry

When I started this blog last year, I had no idea what kind of response it would get from members. Would people visit? Would they comment? Would this..

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Does MCU Award College Scholarship Money?

Today’s “Ask Jack” question comes from Judy in Lenoir, NC: “Does Members Credit Union award college scholarship money. If so, how do we apply?” - Judy,..

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What’s in a Rate?

Today’s Ask Jack question explores the rate environment, and how Members Credit Union sets its rates. Why when the Federal Reserve has hit historical low..

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User Question: Retirement Account Investment Losses

I recently received two questions with a similar theme: My 403 b is losing money. i am putting in the max. amount right now w/ employer matching. am i..

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User Question: Why So Many Cards?

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Making Sense of the Credit Crisis

Members Credit Union’s marketing department has developed an extremely simplified view of what led to the current credit crisis. Obviously omitted were..

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Does the Financial Crisis Mean Loan Rates Are Going Up?

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