FINANCIAL EDUCATION
Merck Employees Federal Credit Union is here to help you take full advantage of Financial Literacy Month this April with the support you need to improve your Financial Wellness. As always, we are proud to offer complimentary access to our online Financial Wellness Center, which provides interactive education on a plethora of financial topics, ranging from creating a budget and saving for retirement, to funding higher education and estate planning.
During the month of April it could pay to get educated at our Financial Wellness Center! Anyone who completes the “Building Financial Capability” playlist from the Center will be entered to win one of 10 gift cards. The credit union will be giving away two $500 gift cards, four $250 gift cards, and four $100 gift cards to 10 lucky winners who complete the playlist.
Our Financial Wellness Center is open 24 hours a day, 7 days a week, 365 days a year and provides: You can access the Financial Wellness Center by clicking here.
SAVING AND BORROWING
It’s well known that Merck Employees FCU offers some of the most competitive deposit rates available. Couple that with the fact that the credit union is consistently ranked as one of the healthiest financial institutions in the country, and we are certainly a great place to boost your savings. But we also have great opportunities for loans. In honor of Financial Literacy month, we are making April an even healthier month to borrow. For the month of April, we will offer a 0.25% discount on our auto loans, personal loans, and 1st mortgages. More details will be available soon.
Whether you want to consolidate debt with a personal loan or purchase your first home or buy you’re your leased vehicle, we will help you save while doing it. Our loan department is happy to assist you with any questions you may have, and our mortgage specialists are ready to walk you through the home buying process. We are committed to helping members with responsible lending that helps fill your life needs, but doesn’t put you in a financial bind.
QUICK HIT WEBINARS!
The credit union will host a series of quick hit webinars during the month of April that will be archived on our site. We know how hard it is to tune in live to Webinars, so all who watch our Quick-Hit Webinars will be given direct contact to experts to ask follow-up questions. We will be covering such topics as Buying a Home in Today’s Hot Market, Keeping Your Data Safe, Taking Advantage of Retirement Accounts, and more!
PLANNING FOR RETIREMENT
Looking for a more personalized retirement plan? Concerned about the current market disruption? The credit union’s Members Financial Services unit is available to assist with your planning needs. Please contact the credit union to request an appointment with one of the representatives from Members Financial to schedule a free retirement check up.
ELDER FINANCIAL ABUSE PREVENTION
Almost all of us have elderly loved ones in our lives. Did you know that Elder Financial Abuse is a $30 billion a year problem in the country? Financial Literacy Month would not be complete without telling the story of how to protect our vulnerable elder population from elder financial abuse. Too many elderly consumers are falling victims to fraudsters and scammers. All credit union staff are trained in preventing elder financial abuse and we actively work on our members’ behalf to protection them. We maintain a special section on our Web site dedicated to this concerning topic as well as hard copy materials on demand. If you missed it, last year we held a special webinar with the Consumer Financial Protection Bureau, a federal government agency designed to protect consumers in financial matters, on how to prevent elder financial abuse. You can find that here: https://merckcu.com/resources/elder-financial-abuse-resources/. As always, we urge all our members to stop and pause when being approached via text, email, mail or phone from a provider they are unaware of and to not give out any personal or financial data to anyone you are unfamiliar with.
