Mutual Matters- Summer 2018

Message From the CEO 

It is hard to believe we are already half way through 2018. During the past six months, we have continued to develop new products to help our members.

We are excited to announce two of the new products available at Mutual Savings – the Silver Elite Suite and the MyCardRules App. Our new Silver Elite product is brand new and is exclusive to Mutual Savings Credit Union. These new savings products are designed to save, earn, and protect our members’ investments. The MyCardRules App is designed to allow members to set a variety of controls and alerts for their debit and/or credit cards. Stay tuned for more information on these new products in the newsletter.

Mutual Savings was proud to be a sponsor for the Muscular Dystrophy Association again this year. MSCU staff and volunteers participated in the MDA Muscle Walk in April and raised funds in May through our annual “pin-up” campaign to send children to MDA Summer Camp. I am proud to say that Mutual Savings was able to raise over $6,000 this year to help send children to camp.

This has been a positive year thus far. I look forward to the next six months and hope that you’ll continue to think of Mutual Savings Credit Union first for your financial needs.

Sincerely,
Kendall Speed
CEO/President

Introducing Silver Elite 

The Silver Elite Suite of savings products from Mutual Savings Credit Union is a suite of products designed to help you save, earn and protect your money. We know your savings reflect the hard work you’ve put into preparing for the future, and it has been well worth it. At Mutual Savings Credit Union, it is our goal to help your savings grow in a safe environment.

SAVE—Save more with one of our exclusive share certificates, IRAs or money markets and know your money is safe with our complimentary identity theft protection.

EARN—With Silver Elite, you’ll also earn more with a great rate that makes your savings work.

IRA/Share Certificates                                              Money Market Rates
60 month 2.25% APY                                                $25,000.00- $75,000.00 .65% APY
36 month 1.80% APY                                                $75,000.01- $100,000.00 .75% APY
12 month 1.60% APY                                                $100,000.01 .90% APY

PROTECT—Now that you’re saving and earning more, we believe it’s important to protect your money. As a Silver Elite member, you get complimentary IDnotifyTM Identity Theft Protection. IDnotifyTM includes $1 million in insurance coverage against costs associated with identity restoration such as travel expenses, document replacement, loss of income, legal costs and more. You will also enjoy:

• 1 Bureau Credit Score • Dark Web Monitoring
• 1 Bureau Credit Report • Change of Address Alerts
• Ongoing Credit Monitoring • A $60 Complimentary Value

We invite you to take advantage of these great rates. Ask a member representative about Silver Elite today!

MyCardRules Mobile App 

Mutual Savings Credit Union is excited to launch the MyCardRules mobile app. The MyCardRules app is a free mobile solution for payment card spending controls and alerts. Using the app, members will be able to set a variety of controls and alerts for their debit and/or credit cards.

Lose your debit card? No Problem. Using MyCardRules, members will be able to ‘turn off ’ their card. Need to cut back on impulse purchases? Set a spending limit for yourself. It’s easy! And did we mention it’s free?

Here are some of the other features:

• Set Location Preferences by Region
• Set Spending Limit Preferences
• Set Specific Transaction Type Preferences
• Set Specific Merchant Preferences
• Customizable Alert Preferences
• Ability to Add Multiple Cards

The MyCardRules app will replace our SMS Guardian service. If you have any questions regarding this transition, please contact a member service representative at 1-800-950-6728.

MyCardRules will give our members peace of mind by offering added fraud protection and awareness. The MyCardRules app is available for download in the Apple Store or Google Play. Get started today!

We Finance Fun! 

Summer is a busy time of year. With vacations, graduations, and the possible need for a new heating and air unit, we know finances can be tight. If you find yourself in need of extra funds, remember, Mutual Savings Credit Union finances fun!

Mutual Savings offers great loan rates and the application process is quick and easy. Members can apply for financing through the Mutual Savings website or in one of our nine branch locations.

Along with great loan rates, Mutual Savings offers our Visa® Blue credit card. The new Visa® Blue is a safe way to pay for flights, food and souvenirs while on vacation. You can also set it up on our new MyCardRules app to monitor your spending or turn the card off if it gets lost or stolen.

So relax and enjoy your vacation without financial worry. Contact a member service representative to see which option is the best for you.

We are confident we have an option that will help you finance your summer fun.