Mutual Savings Credit Union

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Use Caution with Celebrity Cards

January 17, 2012 in: News

The growing trend of celebrities endorsing prepaid card is off the charts. Many of your favorite actors, musicians and sports stars are lining up to promote their prepaid cards, all of which you need to study carefully if you are considering one of these cards. Mutual Savings Credit Union wants our members to realize the [...]

Breaking Behavior: Changing bad money habits

January 4, 2012 in: News

We all grow up with our parents and teachers preaching about bad habits. “Don’t bite your nails. Don’t talk with your mouth full.” They may nag you about these habits, but others truly have negative consequences. When it comes to poor money management, it’s important to recognize the problem patterns, break them, and reap the [...]

Give a car, get a deduction

January 4, 2012 in: News

Perhaps you’ve seen the ads: “Donate your vehicle to charity and get a tax deduction.” After pondering those words, a few questions come to mind. Why would a charity want my old ride? Is the tax deduction worth it? Charities usually either use the vehicles for their work or auction them to raise money. As [...]

Pay Down or Save Up?

January 4, 2012 in: News

Should you pay down debt or build up savings? The answer might not be obvious: while everyone wants to get rid of their debt as fast as possible, setting aside money for emergencies and retirement is also important. The decision isn’t always clear-cut, but it’s easier to make a plan once you have the facts. [...]

Make a Christmas Wish come true!

December 15, 2011 in: News

Mutual Savings Credit Union has teamed up with Magic 96.5 to help make Christmas Wishes come true. Birmingham-area listeners may be familiar with Magic 96’s 24-hour Christmas programming. This year, MSCU is a sponsor of the radio station’s Christmas Wishes campaign. If you know of a neighbor, friend or family member in need this Christmas, [...]

Fight “Frugal Fatigue” with a Christmas Club

December 5, 2011 in: News

Early reports from this year’s holiday shopping season show that many U.S. consumers are giving in to “frugal fatigue” and using their credit cards to purchase gifts. This article points out that shoppers are using their credit cards more than last year, which could be a sign that people are fed up with being frugal. [...]

Give financial education this Christmas

November 30, 2011 in: News

It might not sound like much of a gift but giving your child a financial lesson may help the appreciation of Christmas gifts this year. According to recent reports, children that are involved with the forming of their Christmas wish list not only gain a financial lesson, their expectations are met and the gifts are [...]

Multimedia

December 6, 2011 in: Multimedia, The Brass Show

Brass Show: Debt now, benefits later

If managed properly, the debt you take on now can be very beneficial down the road. Watch the latest episode of The BRASS Show to see what we mean. Student loans, credit cards and even housing financing can help improve areas of your life while building your credit and providing other benefits later. (more…)

Archives

MSCU collects supplies for tornado victims

May 3, 2011 in: Archive, News

In an ongoing effort to assist with local tornado recovery efforts, employees from Mutual Savings Credit Union recently gathered supplies that are needed by victims of the April 27th tornados. The supplies were bagged and will be distributed to the hard-hit Hackleburg community and to Trinity Baptist Church to be futher distributed in Pratt City, [...]

Mutual Savings assists with tornado recovery

April 28, 2011 in: Archive, News

Much of Alabama and the service area for Mutual Savings Credit Union experienced tornados and severe weather on April 27th. MSCU wants to help our members and non-members gain access to the information they need during this recovery process. MSCU Accounts and Emergency Loans All MSCU locations and Call Center are open and ready to [...]

MSCU receives special notice

April 12, 2011 in: Archive, News

Mutual Savings Credit Union was featured in the March 21st edition of The Safety & Soundness Report. The article highlights the successful steps taken by MSCU management and staff to return to normal operations in 2010 after spending a brief year under the watch of auditors. Given the challenges MSCU overcame, the writer of the [...]

How to join MSCU

March 29, 2011 in: Archive

A Mutual Savings Credit Union membership features many great benefits – from MSCU’s products and services to knowing that you’re an owner of the credit union. Becoming a member is simple and the following information helps explain the MSCU membership requirements. WHAT MEMBERSHIP REQUIREMENTS DO I HAVE TO MEET? – Live, work, worship or attend [...]

Online bill pay video

March 11, 2011 in: Archive

Many Mutual Savings Credit Union members have discovered the wonderful benefits of using online bill pay. Online bill pay features include helping you avoid late fees by scheduling payments in advance, helps save you money on gas and time at the post office plus many other ways to make your life easier. If you aren’t [...]