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HOLIDAY OFFICE CLOSING:

Our offices will be closed Monday, September 3rd for the Labor Day holiday. Click here, to see all of our 2018 closing dates.

6 AREA STUDENTS AWARDED SCHOLARSHIPS:

Mid Carolina, has for the last eleven years, awarded scholarships to credit union members who are graduating from local high schools. This year Mid Carolina awarded six $500.00 scholarships to deserving students. The winners of this years scholarship awards were: Emily Calcutt, Kendall M. Harp, Jordan Lindsay Haynes, Zachary D. Koeppen, Devin Martin and Jonathan Allen Richardson, Jr..

Mid Carolina congratulates this year’s winners and extends best wishes to all of the area graduates as they move into the work
force or pursue a college degree. Check out the Mid Carolina website in November for information concerning the Scholarship award process for the 2018 - 2019 school year. *Pictured are the students who attended and were recognized at the Mid Carolina CU annual meeting on April 3rd.

FINANCIAL HEALTH CHECK-UP:

A short quiz to help you check your financial knowledge, Click here

YOUR ON THE GO THIS SUMMER, KEEP YOUR MOBILE DEVICE SECURE:

  • Consider these tips to help you stay safe and secure when you're using your mobile device:
  • Keep your mobile device updated. It's a good idea to always update your device's operating system and applications. These updates can help you protect your device against new vulnerabilities.
  • Manage your privacy settings. Monitor how apps use your personal information. Make sure you feel comfortable with the way they use these details. For example, some apps share your location and phone number with other people in your vicinity.
  • Password protect your mobile device. Set your device to lock when it's not being used. This will help prevent someone from getting access to your personal data.
  • Be cautious using Public Wi-Fi. Public Wi-Fi networks are easy targets for hotspot hackers. Don’t set up your devices to automatically connect to Wi-Fi, turn off your sharing settings and use a VPN when possible. When using mobile devices, it’s safer to use your data plan to connect wirelessly when entering passwords, credit card information or other details that you need to keep secure.
  • Log out of apps that use personal information. Remember to log out when you finish using apps that require you to login with personal information, like banking and bill pay apps.
  • Install mobile security software on your device. This protects you against malicious software (malware) and computer viruses.
  • Install software to find and remotely wipe your mobile phone.This software can help you locate your phone via GPS or remotely remove all data from your device, if it’s lost or stolen. There are a variety of security apps available that offer this feature.
  • Don't modify your phone's operating system.This is also known as jailbreaking, which violates your device's warranty and exposes it to more security threats.
  • Question QR codes. QR codes (short for “quick response codes”) are images that contain data that can be read by your phone’s camera. Scammers have been known to create fake QR codes that automatically download malware onto your mobile device. Protect yourself by not scanning QR codes posted in public spaces. Fraudsters will often place a fraudulent QR code sticker on top of a legitimate advertisement like a billboard or transit ad.
 

 

Current Promotions

Home Equity Special

Let Your Home Work For You!

1. The APR is based on the value of an index.  The index is the Prime Rate published in the Money Rates column of the Wall Street Journal.  We will use the most recent index value available to us as of the last working day of the quarter previous to any rate adjustment.  The initial APR may be “discounted” – that is, not based on the index and/or margin used for subsequent rate adjustments. 

2. After the expiration of any discount period, the APR can change quarterly on the first day of January, April, July, and October.  There is no limit on the amount by which the APR can change during a calendar year.  The Maximum APR that can apply is 18.00% or the maximum permitted by law, whichever is less.  

To receive the introductory rate you must take an initial draw at closing from the new Equity Line of greater than or equal to $10,000.  Initial balances of greater than or equal to $10,000 as well as any other outstanding balances on your new Equity Line during the first 12 months after loan closing date will be calculated at the introductory discounted fixed rate.  

After 12 months, your APR changes to a variable rate which is the current Prime Rate as published in the Wall Street Journal on the last working day of the quarter previous to any rate adjustments.  

The applicant must have a minimum line of $35,000, less than 80% combined loan-to-value, a 670+ Beacon credit score, a MCCU checking account, and make payments using auto-draft from a MCCU checking account.  

3 Consult your tax advisor regarding the deductibility of interest.

Property insurance is required.  Title insurance and flood insurance may be required as subject to the underwriters.

*Current prime rate is accurate as of April 15, 2018 and subject to change without notice.