Remember the days when you could write a check and it would not clear your account for up to a week later? Consumers would enjoy that “float” period when they would still have use of the funds in their account, even though the funds were obligated to the recipient of the check. That float period has been shortening for years with efficiencies in the check processing industry and now another major erosion of float is upon us with Same Day ACH.
Fall into savings with a great dividend rate on our Fall Certificate Special
Exciting news! We are nearing the completion of the first phase of our new Bath branch. The project is progressing well and we are very anxious to share it with all of you. As we transition into the new building, here are some important reminders...
As many of our members spent the winter months shoveling snow or heading south to escape Maine's harsh winter, Midcoast's Lending Team was hard at work strengthening our loan program. "We have money to lend. It is the best use of our deposit dollars and fulfills our mission of providing low-cost financial services to our members," states Joe Gervais, President/CEO. To that end, numerous initiatives were completed to make borrowing easier at your Credit Union.
As 2016 comes to a close and a new year is before us, it is a good time to reflect on past accomplishments and to prepare for meeting our members’ future financial needs. Changes continue to abound at your Credit Union as new facilities are built, new technologies are adopted and new faces are greeting our members. While the changes are essential to maintain the safety, soundness and the future success of the Credit Union, it can be cause for concern for some long-time members. In response, we asked some of our veteran employees (and familiar faces) for their perspectives on how change has impacted their role and how they deliver member service.
Our convenient eServices have always saved our members time, reduced paper usage and protected their security. In 2017, our eServices will actually earn our members some green! Announcing our 2017 eServices Challenge that has three ways to win, each and every month.
In late September 2016, the Bath project was officially underway as the site preparation efforts were in full swing. To prepare the site for the building construction, a new traffic pattern was created...
WE ARE HIRING! Midcoast FCU is on the move and seeking highly motivated and energized individuals to join our team in providing service excellence to our members. If you possess a winning attitude and a warm smile, we want to talk to you!
Jean Chatsky, Editor in Chief of Savvy Money, describes her approach to money management in these terms, "My money philosophy is simple: earn a decent living, spend less than you make, save and invest, and protect the financial world you live in." While I appreciate the simplicity and straightforwardness of Jean’s philosophy, I recognize that it is much more difficult to achieve. I also believe that as your Credit Union, it is our duty to provide products and services that can assist you in enjoying this level of financial success. So let’s break it down...
The Maine Credit Union League is reporting that a number of Maine credit union members have received text messages informing them that their debit card has been compromised and to call a toll free number. When the member calls, they are asked to provide their card number and CVV2 code.
Exciting news! We are pleased to announce that the Credit Union’s newest location is now open and welcoming members at 186 Lower Main Street in Freeport.
MIDCOAST Federal Credit Union was recently honored with two Diamond Awards, which recognizes outstanding marketing and business development achievements in the credit union industry.
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We are proud to announce that Midcoast FCU was recently named as one of the 2015 Best Places to Work in Maine!
Everyone deserves affordable legal and identity theft protection. Including you. No matter how traumatic or trivial your situation, LegalShield is here to help. Unexpected legal and identity theft issues arise every day. With LegalShield on your side, you have the power to access legal and identity theft advice and services when you need them. Midcoast FCU is pleased to now offer these valuable services to our members at a discount!
If you can spare just 30 minutes of your time, we welcome an opportunity to meet with you and review your account relationship. We are offering new accounts & technology, money saving solutions, and savvy money tools.
Ok kids (and parents), sadly we must report that our good friend Monty Moose has decided to hang up his antlers and head to Florida to enjoy his golden years. But fear not, Sprout and Thrive, our new youth accounts are on the scene and ready to help you succeed with your money!
Recent news reports are giving our members a bad case of card insecurity. In the past year there have been reports from national retailers such as Home Depot, Supervalu (Shaw's Supermarket's parent company) and Dairy Queen of security breaches in their payment systems compromising thousands of customers’ card information.
It seems that almost daily there is news of another major IT security breach or data compromise. From the Target card breach to the Heartbleed Open SSL issue to security issues with Microsoft's Internet Explorer browser, it is difficult to have confidence that your online and purchase activity is secure and safe from being hacked.