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Win 1 of 2 $1,000 Scholarships
Scholarship Contest Now Open
Learn More
Wash Away
Your High Rate Debt
With an MC Federal Visa® Credit Card
learn more
Extra Security with You in Mind!
learn more
We Turn Home Buyers
into Homeowners!
learn more
Save More, Earn More!
learn more
Finance Your Dream Car!
learn more
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Avoid Tax Scams this Season

Tax season is in full swing and families throughout our communities are busy organizing their financial documents and preparing to file returns. Unfortunately, this is a particularly active time for scammers seeking to exploit people.

Every year, taxpayers lose millions of dollars due to fraud and there is no indication that scammers will be any less active this season. Members of our community must exercise caution as they prepare to file their taxes to avoid becoming a victim.

So, what can you do to protect yourself?

  • Keep your personal information confidential – Scammers use many tactics to try to obtain your personal information, such as your Social Security Number. Do not give your personal information to anyone who does not have a legitimate reason to have it.
  • File your taxes as early as possible – This will help prevent scammers from using your personal information to file a fraudulent return.
  • Use strong passwords – However you file your taxes, whether it be directly with the IRS or through a legitimate third-party such as Turbo Tax, H&R Block, etc., ensure that you use strong, unique passwords and keep your passwords confidential.
  • Know how the IRS will contact you- In most cases, the IRS will initiate contact through regular mail. In some circumstances, they may contact you over the phone, but even then, the IRS would have sent you several notices and letters through the mail. The IRS will never contact you by email, text message, or social media channels. The IRS will never demand payment over the phone or threaten to arrest you or cancel your Social Security number. They will never ask for your personal information, and they will never require a specific form of payment, such as a wire transfer, gift cards, prepaid debit cards, or crypto currency.

Scammers look for any opportunity to deceive you. It is very important that each of us be aware of the dangers these individuals pose to our financial health and take appropriate precautions.

We encourage you to visit www.irs.gov/newsroom/tax-scamsconsumer-alerts for more information on how to identify and respond to Tax Scams.

Report unsolicited emails claiming to be from the IRS or an IRS-related system like the Electronic Federal Tax Payment System to the IRS at phishing@irs.gov.

Should you have any questions about ways to protect yourself, call us at 800.834.0082, send us a digital banking message, or stop into your local branch. If you have received a suspicious communication, please reach out to a Member Service Representative before you share information with any unidentified third party.

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MC Federal Financial Wellness Program Earns National Award

MC Federal Credit Union is proud to announce that we have been awarded the 2022 National CUNA Desjardins Adult Financial Education Award. The award recognizes leadership within the credit union movement on behalf of financial literacy for members and nonmembers of all ages. The award, named after credit union pioneer Alphonse Desjardins, emphasizes the movement’s longtime commitment to financial education.
 
This award was earned by Elba Arenas, President & Chief Member Experience Officer and her Financial Wellness Team who use their financial expertise and life experience to delivery our program, The Road to Financial Wellness. Our approach to financial literacy delivers targeted solutions for each community we serve. The program prioritizes topics that build accountability, independence, and confidence in the class attendees. The topics focus on real-world applications of financial skills that provide a solid financial foundation for the future. There are six classes, each of which covers a different topic. These topics include understanding accounts and fees, an intro to lending, budgeting, credit cards vs. debit cards, understanding your credit report and credit score, and identity theft and fraud. The classes are customized to meet the needs of each individual in order to provide the best financial wellbeing information for all of the participant. Our newly expanded course has been taught in partnership with local schools, The Getting Ahead Foundation, Union County Probation, and The Northumberland County Jail. We seek to overcome the barriers set forth by factors such as race, age, and gender and make free financial education available to every member of our community.