The Importance of a ‘Fun Fund’

by Claudia Esguerra, CUNA MoneyMix blogger

Have you ever gone on a diet and not given yourself a ‘free’ day (or a ‘cheat day’ as some may call it)?
What happens after the first few days of walking the line and eating absolutely clean? Well, for some of us, that box of Oreos we forgot to take out of the pantry before starting the diet can be our Kryptonite. We give in, and (in my case) eat the entire box.

Don’t Fall For These Common Money Myths

Even the most battle-tested budget warrior might be making money decisions based on bad information, according to results of a recent survey.Charles Schwab interviewed 998 people to discover their biggest financial misconceptions. A large number of them believed common money myths. In fact, those who described themselves as “savvy” actually were more likely to believe the myths.

Because it’s dangerous to not know what you don’t know, here are nine common money myths.


Fraudulent Text Message Alert!

We have MANY reports of our members receiving a fraudulent text message today at 4 AM that read:

“(Credit Union) BANK NOTICE: Your VISA debit/card has been temporarily de-activated. Please call VISA 24hr card activation center (260) 564-xxxx” (number intentionally obscured)

This type of fraud is known as SMS Phishing or “Smishing”. When the recipient of the text calls the number, a recorded message asks for their entire 16 digit card number, expiration date, 3 digit security code and PIN. If entered, this information will allow the fraudsters to withdraw all of the funds from the account. If given out, the card must immediately be canceled to avoid fraudulent transactions.

This message DID NOT come from us. Please do not respond to it and remember to never give out your account information over the phone, through text messages or online.

membership eligibility…

Membership in Madison County Federal Credit Union is now easier than ever! If you live, work, attend school, worship, or volunteer in Madison County you meet our new eligibility requirements. Our new, less restrictive Field of Membership allows us to offer the benefits of credit union membership to all of our friends and neighbors in Madison County