Mutual Matters- Spring 2018

Message From the CEO 

Spring is in the air. Many of you are looking forward to vacations and graduations. Should you need financing for fun in the sun or gifts for graduates, we hope you’ll look to Mutual Savings Credit Union first for your financing needs.

Mutual Savings recently released new share certificate deposit rates and revamped our money market accounts. Take a moment to review those rates on our website or contact our call center for more information.

We are excited to announce our new fixed rate 10-year and 15-year mortgages. These two products have been requested for quite some time. We have worked tirelessly on making that happen, so we are very pleased to now offer it to our members.

Mutual Savings continuously strives to be present in our communities and participate in philanthropic events. Stay tuned for more information on our upcoming partnership with the Muscular Dystrophy Association.

Sincerely,
Kendall Speed
CEO/President

Mutual Savings Offers Fixed Rate Mortgages

Mutual Savings now proudly offers two new fixed-rate mortgage types. A fixed-rate mortgage may be the perfect choice if you plan to stay in your home for several years. Fixed rate mortgages are great if you’re budgeting and enjoy knowing what your payment will be each month. These shorter terms will also allow you to pay your balance down quicker.

Mutual Savings will still continue to offer the 30-year and 15-year variable rate mortgages, but these two new mortgage types will now be available to you as added options. If you currently have a mortgage with Mutual Savings, rest assured you can keep the same terms and no action is required.

If you have any questions about the new, fixed-rate mortgages please contact a member service representative or review the information on the Mutual Savings website. We would love to help you get the mortgage that is best for you.

Visit www.mutualsavings.org today to view terms, rate information and disclosures.

Revised Money Markets 

Mutual Savings strives to offer various ways to help our members save money. We want to provide options that will help you achieve your financial goals. A Select Money Market through Mutual Savings is a great option.

Money market accounts are checking accounts that offer a dividend rate. In the past, Mutual Savings has offered two types of money market accounts. Effective March 1st, we will only offer the Select Money Market. By combining our two money market accounts into one, Mutual Savings can now offer four competitive interest rate tiers. The more money in the money market account, the higher the interest rate.

Rethink your deposit goals by taking a moment to review money markets on the Mutual Savings website today. A money market account is an easy way to watch your money grow.

Some restrictions apply. Select Money Market begins earning dividends when balance is $2,500. No Monthly Fee. Withdrawal Limit: 3 per month. Visit our deposit rates page on www.mutualsavings.org to view the four tiers and interest rate.

Mutual Savings Credit Union is proud to support the Muscular Dystrophy Association (MDA)

In addition to the pin-up campaign we held last year, this year we have the opportunity to sponsor a very special MDA event in April! The MDA Muscle Walk brings MDA kids, families and supporters together. The Muscle Walk will be held at Tannehill State Park on Saturday, April 28th. We are excited to participate in the Muscle Walk and kick off our May pin-up campaign.

For the month of May, we will also be selling paper “pinups” for $1, $5 or a larger contribution. Proceeds will help send children with neuromuscular diseases to MDA Summer Camp at no cost to their families. We appreciated your support last year and look forward to sending another local child to camp this year!

When children attend MDA Summer Camp, they gain independence as they spend time away from home with kids who have similar challenges. They form lifelong friendships and develop greater self-esteem and confidence. Each camp is staffed with dedicated health professionals and trained camp volunteers who meet every child’s medical and physical needs.

Your contributions will help send a local child to Camp ASCCA on Lake Martin. Here, children with limited muscle strength and mobility are given a life-changing experience in an environment without barriers.

We hope you join us in supporting MDA this year!