Love Your HELOC and Love Your Home
Is your family outgrowing your home, but you cannot afford to buy something bigger at this time? Maybe you are ready to sell, but your house needs some updates before you can put it on the market. A Home Equity Line of Credit HELOC might be a great fit for expanding your budget and maximizing your options.
Read More about Love Your HELOC and Love Your Home
Criminal Activity related to COVID-19: Fraud, Ransomware Attacks and other Scams
Scammers are using telemarketing calls, text messages, social media platforms, and door-to-door visits to perpetrate COVID-19-related scams to steal your information.
Read More about Criminal Activity related to COVID-19: Fraud, Ransomware Attacks and other Scams
COVID-19 Impact on the Credit Union
Nearly every business was affected by COVID-19 and most were impacted negatively. As we close out 2020, with news of COVID vaccines soon to arrive, we sat down with CU President Mike McDermott to ask some questions about how Metro was specifically impacted by the pandemic.
Read More about COVID-19 Impact on the Credit Union
Annual Membership Meeting - Saturday, March 6, 2021
Each year Metro holds an Annual Meeting open to all members of the Credit Union. The 2021 Annual Meeting is currently planned for Saturday, March 6th at 9:00 a.m. at the Marriott Regency Hotel in Omaha. Because of the COVID-19 pandemic, this year’s Annual Meeting will include only the business meeting and reports as required in the Credit Union’s bylaws.
Read More about Annual Membership Meeting - Saturday, March 6, 2021
Buying a Home vs Renting
Buying a home can be an adventure or an ordeal. People generally prefer homeownership over renting. When mortgage rates are low, and rent increases in big cities, buying a property would appear to be a much better option than renting. If you are considering the differences between buying vs renting a home, you should ask yourself the following questions...
Read More about Buying a Home vs Renting
Online Banking Internet Browser Update
Microsoft Internet Explorer (IE) 11 is no longer supported for online banking functions. Please be sure to update your browser before using online banking. To view what version of IE you are using, you can select "Help" and then "About Internet Explorer" in the menu.
Read More about Online Banking Internet Browser Update
Calculate Your Best Auto Loan
Are you looking for your first vehicle or tired of having to put repairs on a used car? You won’t have to imagine driving a new vehicle when you get assistance from Metro Credit Union. Many factors go into determining the final and best auto loan amount. These factors include:
Read More about Calculate Your Best Auto Loan
Save for College Month - September
Going to college can be one of the most costly investments someone makes in life. There is significant evidence, however, that college graduates make more money over their lifetime than their peers who choose not to pursue at least a four-year degree.
Read More about Save for College Month - September
Metro Days Member Appreciation
We are excited to share that from September 28th - October 3rd we will be giving away a total of $60,000 in gift cards for our daily drawing prizes for a total of 120 winners through the week of Metro Days, our Member Appreciation Event. All Metro Credit Union members excluding employees will be automatically entered to win.
Read More about Metro Days Member Appreciation
September: Create a Financial Plan for the Year
It’s now September and we are getting out of the summer pools and into the back-to-school routine. Grab your pumpkin spice latte as this season is a great time to focus on your finances.
Read More about September: Create a Financial Plan for the Year
HELOC Home Equity Line of Credit Pros & Cons
You’ve purchased a home in your dream neighborhood and you're slowly but surely fixing it up to make it absolutely perfect. Perhaps you’re adding a deck, pool, or doing a kitchen remodel. All of these things can impact your budget, so how will you pay for them? Perhaps a home equity line of credit (HELOC) is a way to check some things off your list and make your home perfect.
Read More about HELOC Home Equity Line of Credit Pros & Cons
Effective August 31st - Updated Lobby Hours
Every business has been faced with different challenges during the pandemic. To make service hours as predictable as possible, we’re reducing the number of days most of our lobbies are open to enable us to “over-schedule” staff on Mondays, Fridays and Saturdays.
Read More about Effective August 31st - Updated Lobby Hours
Fraud Alert: Romance Scams Turn Threatening
Romance scams prey on lonely people looking to connect with someone and will move fast with the scammer speaking of a future together and tell you they love you quickly and within time, they are asking for money.
Read More about Fraud Alert: Romance Scams Turn Threatening
What Is A Good Credit Score to Buy a Car or House?
Your credit score is a number that indicates the level of risk of default you represent to a creditor at a given moment in time. There are several scoring models, but most are based on the FICO Score, a credit score created by the Fair Isaac Corporation, which is used in most lending decisions. It ranges from a low score of 300, which represents an extremely high risk, to 850, representing an extremely low risk.
Read More about What Is A Good Credit Score to Buy a Car or House?
Auto Leasing: Should I Buy Out My Lease?
Auto leasing has been growing in popularity and has its own set of considerations. In basic terms, a lease means that you have the vehicle for a fixed number of months. Consequently, you only pay for the use of the car during that period, the full depreciation of the car is not forced upon you. One of the benefits of leasing a car is the low out-of-pocket cost.
Read More about Auto Leasing: Should I Buy Out My Lease?
Home Improvement Loan: Good or Bad Idea?
Buying a home helps people feel a little more secure about their financial future. As the years pass and the mortgage decreases, a homeowner will own more and more of their home. The more home that is owned, the more equity is available.
Home equity is how much of your property you actually own. Thus, your home equity is how much of your property's value you've paid off. It can be calculated by looking at the house's current market value and subtracting the remaining balances of your home loan(s). This is an asset that can be borrowed against or cashed in when the home is sold.
Read More about Home Improvement Loan: Good or Bad Idea?
Free Credit Reports Through April 2021
By law, everyone is entitled to one free copy of their credit report every year from each of the three main credit reporting agencies. The three national credit reporting agencies are now giving people weekly access to monitor their credit report — for free – through April 2021.
Read More about Free Credit Reports Through April 2021
Metro Credit Union Is Opening Branches June 1st
We hope you and your family are healthy and safe. As we look forward to welcoming you back to our branches on June 1st, we want you to know about the changes we’ve made in response to the COVID-19 pandemic. Your safety and the safety of our staff is our top priority.
Read More about Metro Credit Union Is Opening Branches June 1st
Home Equity: What Is It & How To Use It?
Metro Credit Union is doing everything possible to help you get through these challenging times.
One way to cover projects, bills, and unexpected expenses is through your home’s equity. With our Home Equity Line of Credit you can borrow up to 90% of your home’s value with fixed rates as low as 1.99% for 60 months.
Read More about Home Equity: What Is It & How To Use It?
Safe at Home Family Fun
These are definitely challenging times we are facing, not only professionally, but also personally. Many of you have children at home during this time and all of us struggle with keeping them busy. It’s tough for children to lose the structure of school and the social connectedness it provides. Here are some resources and ideas for families to stay resilient and to have fun.
Read More about Safe at Home Family Fun