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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.

Blog Feature

Finances  |  Financial Wellness  |  Tax Season

Tax Tips 2023

Tax season is here again! Before you start stressing over those forms, read this guide for what you need to know about filing taxes in 2023. 

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Blog Feature

Cyber Security  |  ID Theft Protection

Device Advice: How to Keep Your Phone Safe from Fraud

Smartphones are the millennial’s answer to the disorganized life. You can buy anything with just a few swipes, schedule appointments and store your photos in this one, convenient spot. You can also manage your accounts, check your balances and deposit checks through Mutual Security Credit Union’s mobile banking app and website. Unfortunately, all of that convenience comes at a price: Your mobile devices pose an inherent risk to your security if they fall into the wrong hands. Fortunately, there are ways to protect your phone and information. 

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Blog Feature

Company News  |  Cyber Security  |  Fraud Protection  |  ID Theft Protection  |  Insider  |  Safety

Beware of Fraudulent Calls from MSCU Impersonators

It has come to our attention that some of our members have received phone calls from Mutual Security Credit Union impersonators, notifying them of fraudulent attempts to use their debit card. The call looks legitimate, matching our name and phone number.

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Blog Feature

Company News  |  Insider

MSCU Attends 2023 CUNA Government Affairs Conference

Mutual Security Credit Union (MSCU) attended the 2023 Credit Union National Association's (CUNA) Governmental Affairs Conference (GAC), that took place on February 26th through March 2, 2023 in Washington, DC. While in attendance, MSCU had the honor of receiving the credit union's CUNA National First Place Louise Herring: Philosophy in Action Award with a photo opt with the CUNA President, Jim Nussle.

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Blog Feature

Credit Card  |  Credit Score  |  Finances  |  Financial Wellness

5 Tips to Improve Your Credit Score

1.     Pay bills on time Past performance is a predictor of future performance so pay all bills off timely – rent, utilities, loans, and credit cards.

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Blog Feature

Cyber Security  |  Financial Wellness  |  ID Theft Protection

National Slam the Scam Day

On National Slam the Scam Day and throughout the year, we give you the tools to recognize Social Security-related scams and stop scammers from stealing your money and personal information. Share scam information with your loved ones. Slam the Scam!

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Blog Feature

Credit Card  |  Credit Score  |  Finances  |  Money Management Skills for Youth  |  Technology and Finance

How to Observe National Credit Education Month in March

National Credit Education Month is observed all throughout March and is a reminder of the importance of understanding the ins and outs of your credit score. A credit score is used to determine several major purchases, such as a home or car, and sometimes used to determine employment. We are sharing three simple ways you can observe the month, along with resources to get you started today. 1.    Check your credit score

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Blog Feature

Company News  |  Finances  |  Financial Wellness

Women’s History Month: Women in Finance

March is Women’s History Month. At Mutual Security Credit Union, we’re proud to join in the nationwide celebration of women. To do that, we’d like to take this time to recognize five important women in the history of finance and entrepreneurship who are rarely applauded despite their trailblazing work. Maggie Lena Walker, first female bank president Maggie Lena Walker was the first woman to charter a bank. The St. Luke’s Penny Savings Bank was a community lending institution designed to promote savings and homeownership. Founded in 1902, the bank served the Richmond, Va. area for several years before merging with two other banks. Walker then served as chair of the board for the consolidated bank. By 1920, they had helped more than 600 people buy homes, setting the standard for community lending institutions. Walker’s trailblazing business spirit, at a time when women couldn’t yet vote, is most remarkable. Marie Van Brittan Brown, inventor of the home security system Every financial institution has some modern iteration of the device Marie Van Brittan Brown pioneered: the home security system. Concerned about police response time to calls for help, Brown put a camera on a mobile swivel to enable it to view the front door through each of four peepholes. A motion sensor triggered a recording device, and the system also enabled the homeowner to view and listen to the cameras by using a television set. Brown’s system soon caught on in businesses around the country. Victoria Woodhall and Tennessee Clafin, first female stock brokers These two sisters broke the gender barrier on Wall Street and ran the first female-owned brokerage. Despite facing blatant sexism, they quietly made millions advising clients like Cornelius Vanderbilt. Woodhall went on to be a polarizing figure in the suffrage movement, making the first recorded run for president as a woman 50 years before women were allowed to vote! Her intellect was instrumental to the passage of the 19th Amendment. Rosemary McFadden, first female exchange president Rosemary McFadden was the first woman to serve as president of any American exchange. Starting her career as a staff attorney for the New York Mercantile Exchange, she went on to become the first female president of that organization or any other American trading exchange in 1984. Despite the steep resistance she encountered, McFadden was a strong, effective leader. Abigail Adams, first female investor President John Adams’s wife is mostly noted for her documentation of the home front during the Revolutionary War and for her advocacy of women’s rights. Lesser-known, though, is that she’s also America’s first documented female investor. Adams managed the household financial affairs while her husband served in war and, later, as president. She earned a great deal investing in government bonds. In one exchange, her husband advised her to invest in farmland. She purchased bonds instead and made quite a bit more money! Your Turn: Which influential women in your life would you like to honor this month? Let us know in the comments!

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Blog Feature

Cyber Security  |  Financial Wellness  |  Fraud Protection  |  ID Theft Protection

The Latest P2P Scams to Beware

P2P platforms are super-convenient. But, P2P scams are rampant and varied. Plus, once money is transferred by P2P, it’s usually gone forever.

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Blog Feature

Finances  |  Savings  |  Tax Season

5 Tips for Tax Season 2023

Deadlines to know

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