Financial education
New Law Changes Payout Timeframe for IRA Beneficiaries
The SECURE Act ends the stretch IRA. Under the now “old rules” (before 2020), an individual designated beneficiary could extend post-death “stretch IRA” required minimum distributions over his lifetime. A young grandchild might have a 70-year payout …
Member appreciation
Loan Discounts Now Available!
Take advantage of our loan discounts as part of Member Appreciation Season. 0.25% discount on vehicle loans 0.25% discount on home equity lines of credit $50 gift card for all closed mortgages Apply for Home Equity …
Updates
Member Appreciation Season is Here
Member Appreciation Season is one more way we give back to our members. It will run from Oct. 1 until Dec. 31, offering numerous benefits and promotions to make the holiday season a little more joyous. Benefits include: HELOCs: We are making it …
Online banking
Online Banking Update
Thank you for being a valued member of Merck Employees Federal Credit Union. The safety and security of your accounts is our top priority. As a user of our online banking system, please note that for the security of your account you will be …
Credit cards
The Time is Now to Redeem ScoreCard Rewards Points!
Scorecard Rewards We are excited to announced that in February 2021 your credit union’s credit card offerings are being improved! What does it mean to you? New, high-tech cards that include the latest chip and contactless card technology …