Latest Posts

Creative Ways to Save on Energy Costs

We’ve all heard it before: Close the vents in rooms you don’t use, regularly replace your AC filters and vacuum the coils on your fridge. But what if you’re following all the conventional energy-saving tips and your electricity bill is still astronomical? Here’s where we come in! You know how much we at McCoy Federal Credit Union love helping you save money. So we’ve compiled a list of 10 creative ways to lower your electricity bill – even when the humidity is...



7 Naughty Scams to Watch Out For This Holiday Season

‘Tis the season to be jolly! And unfortunately, ‘tis also the season for scammers to go after your hard-earned dollars. Keep your money safe by reading up on the most common scams taking place this time of year and practicing caution. 1. Phishing emails Always popular, phishing scams get even more prevalent before the holidays. They can take the form of bogus delivery confirmation requests seeking your information or even a personalized letter to your child from Santa. Be extra caref...



6 Times a Bargain Is Not a Bargain

Here’s when that steal of a deal is not such a bargain after all. 1. When you don’t need it The price might be right. But, if the heavily marked-down item is one you don’t need, you’re just blowing money you could be using for savings or to purchase the stuff you actually do need. 2. When it’s a faulty product Sometimes, it doesn’t pay to be cheap. If an item is retailing at a ridiculously low price, hold it up to this checklist to determine its quality: Where...



Free credit freezes are here

Free credit freezes and year-long fraud alerts are here, starting September 21st, thanks to a new federal law. Here’s what you should know: Free credit freezes Security freezes, also known as credit freezes, restrict access to your credit file, making it harder for identity thieves to open new accounts in your name. Starting September 21, 2018, you can freeze and unfreeze your credit file for free. You also can get a free freeze for your children who are under 16. And if you are someone...



7 Questions to Ask Yourself Before Making a Large Purchase

You’re convinced: You really want that Coach handbag. Or you need that genuine Armani tie. Or maybe you know that gigantic, high-res entertainment center will transform your weekends. So you swipe your card and the dream item becomes yours. Of course, you’re absolutely thrilled. That’s until, a few weeks down the line, when you’re staring a huge credit card bill in the face and buyer’s remorse hits hard. You can’t help wondering, then, why you thought this exp...