MidWest Financial Credit Union has moved its blog to a new location: www.mwfcu.org/blog. We hope that our readers will enjoy the new look and new discussion topics. See you there!
MidWest Financial Credit Union is adopting a new logo that better reflects who we are and the communities we serve. The leaf symbol represents the promise and potential of financial growth and prosperity. It suggests an organic organization; one that is homegrown, locally governed and operated, and committed to the communities where we do business. The colors reinforce MidWest Financial’s brand, with the green suggesting growth, new beginnings, well-being, renewal and nature. The blue connotes trustworthiness, reliability, reassurance and a sense of calm, while also recognizing our UMHS roots. Go to our web site to learn more.
You are invited to a 70th Anniversary celebration carnival for the whole family!
When: Saturday, June 21
Where: Green Road office
Details: Carnival games, a dunk tank, face painting, balloon artist, prizes and more!
Cost: $5 per person; $10 for family of 4; $15 for families of more than 4. Food and refreshments available for purchase.
How: Tickets available at all branch locations.
Payday loans are called so because the principal on these loans is typically required to be repaid on your next payday. Payday lenders provide fast funds to borrowers with a job and a checking account. And most payday lenders charge annual percentage rates from 300% and up. Watch this video from our Home&Family Resource Center. It is a personal account of a credit union member who got stuck in this cycle. Do you know somebody in a similar situation?
Your Credit Union is adding a layer of protection to help ensure it’s really you when you log into Internet Banking. This service is often referred to as Multi-Factor Authentication. When this service rolls out, you will be asked to set up a username and a new password when logging into Internet Banking.
Please note that any email you may receive asking you for your account number and password or PIN to register for or verify information for this service should be considered fraudulent.
Your Credit Union does not request personal information of any kind via email.Please call 734.769.4621 or 800.968.5626 with any questions or concerns you may have regarding this service.
Before making your next big purchase make sure you consult our new library of consumer tips on the Online Tools page on your Credit Union’s website. Considering leasing a car or buying a home? Looking for an easier way to file your taxes? Wondering how much life insurance you need? If you answered “yes” to any of these questions, you’ll want to visit our online interactive tutorials on the Online Tools page. You’ll find numerous guides, coaches and hundreds of articles with valuable facts that may alter your thinking. Even if you answered “no,” you’re bound to find relevant topics that will lead you to financially sound moves. Return each week for news and fresh features!
Let us know if you are looking for particular information or an article and we will help you find it!
Do you always observe your surroundings before you walk up to an ATM? Do you have your card in hand when you approach the machine? Is your passenger window up and door locked when you’re waiting in line at a drive-through ATM? If you think these sound like “no-brainer” precautions, you’re absolutely right, but distractions—a cell phone conversation, a looming deadline or that appointment across town—can make us forget we’re vulnerable to unwelcome and fraudulent activity.
The Global ATM Security Alliance and Fair Isaac Corp. offer some simple measures you can take to help ensure your safety when using your ATM/debit card.
- Memorize your PIN. If you must write it down, never carry it with your card. DO NOT WRITE YOUR PIN ANYWHERE ON YOUR CARD.
- Do not disclose your number to anyone, including family members and/or the police.
- Scan the ATM for anything unusual. If it looks different or appears to have any alterations or attachments to the card slot or PIN pad, use a different machine.
- If you feel the ATM is not working normally, press the Cancel key and withdraw your card and then proceed to another ATM. Never force your card into the card slot.
- Stand squarely between the ATM and anyone behind you so that others can’t see your personal identification number (PIN) or observe your transaction amount. You may wish to use the knuckle of your middle finger to key in the PIN.
- If the ATM is poorly lit or obstructed from view, visit another ATM. Consider taking a companion if you’re using the ATM after dark.
- Keep your printed transaction record so that you can compare your ATM receipts to your monthly statement.
USING YOUR PIN IN REVERSE IS NOT A SECURITY OPTION. Do not put yourself in danger by trying to employ this tactic.
- Keep doors locked, windows up and the engine running when waiting in line.
- Keep enough room between your car and the car in front of you in case you have to pull away in the event of a security threat.
- If anyone follows you after you’ve completed your transaction at the ATM, proceed to a crowded, well-lit area and call the police.
Point-of-Sale (POS) Security
- Never allow anyone to see you enter your PIN number into the keypad, even if they are assisting you with the transaction.
- Always make sure the transaction is complete and you have a receipt before you leave the POS terminal.
- If you received cash back, put it away before leaving.
If you feel you have been the victim of fraud or notice any unusual activity on your account, immediately contact the Credit Union at 800.968.5626.