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News and Insights

Welcome to Mutual Security Credit Union's news and insights page where you'll find updates, tips, and tricks for your banking, borrowing, and financial planning needs.

Mutual Security Credit Union

MSCU is a Credit Union in Connecticut, open to everyone who lives, works, worships, or attends school in Fairfield, Litchfield, and New Haven County.

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Budgeting  |  Insider

Overlooked Expenses Can Cost Renters an Extra $3,400 a Year

Beyond the listed rent, U.S. renters can spend $3,420 a year on costs associated with moving into and living in a rental, according to a new analysis from rental search platform HotPads.

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Health & Wellness  |  Home-Buying

Spring Cleaning and Neighborhood Trends

Spring Cleaning Time of Year As the timing for spring cleaning approaches, and the Marie Kondo movement continues to inspire people to clean out things they no longer use, a survey from OfferUp – a mobile marketplace for local buyers and sellers -- found that half of Americans plan to resell their gently used goods to support their income this year.

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Home-Buying

Average U.S. Home Seller Profits At 12-Year High of $61,000 In 2018

2018 Most Profitable Time to Sell a Home in 12 Years In 2018 home sellers realized an average home price gain since purchase of $61,000, up from $50,000 last year and up from $39,500 two years ago in 2016 to the highest level since 2006 — a 12-year high, according to a new report from property database curator ATTOM Data Solutions. That $61,000 average home seller profit represented an average 32.6 percent return on investment compared to the original purchase price, up from 27.0 percent last year and up from 21.9 percent in 2016 to the highest average home seller ROI since 2006.

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Company News  |  Insider

MSCU Announces New President

Mutual Security Credit Union Press Release For Release January 14, 2019

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Community Giving  |  Veterans Day

Volunteering to Support our Veterans

Our branches may have been closed on Monday, November 12 in recognition of Veterans Day, but our staff was out in full force.

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Community Giving

Delivering Hope to the Dominican Republic

For the fourth year in a row, our EVP, Hank Baum traveled to the Dominican Republic as part of a mission team that supports the Community in La Romana.

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Community Giving

Rallying for the Railway Garden

On Friday, June 29, a team of seven employees braved the warm weather to volunteer at Boothe Memorial Park.

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Branch Events  |  Tax Season

Get Answers to Your Tax Questions

From collecting receipts and determining your deductions to figuring out which form to fill out, tax season can be confusing. But you don’t have to go it alone! We’ve partnered with H&R Block to help take the anxiety out of doing your taxes.

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Company News

Today's the Day! A New MSCU is Coming Your Way!

Last year, we announced that we were working on updates to our look and feel, and we're excited to unveil these improvements!

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Community Giving  |  Holidays

Volunteering in Support of our Veterans

Our branches may have been closed on Friday, November 10 in recognition of Veterans Day, but our staff was still at work.

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