Financial Wellness

Invest In Your Future!

Whether you’re looking to spend, save, borrow, or manage your money wisely, MC Federal is the place to go for all of your financial needs and learning. We have many tools, resources, and help to guide you through every stage of your personal financial journey.

The Road to Financial Wellness

We offer financial literacy materials to all of the high schools in the five counties we serve. We also offer classroom instruction. This is a significant investment we make with our financial and staff commitment, but the return is priceless. We provide education to over 1,000 students each year to help prepare them to be financially responsible. Education is at the forefront and plays an essential role to building a solid financial future. We are hoping to make a difference in the lives of students and the lives of their families by introducing financial literacy.

Our President & Chief Member Experience Officer, Elba Arenas, and her team have a passion for financial literacy. This has been reflected not just in all the classes they teach but has also gained recognition in the Credit Union Community. MC Federal was presented with the Desjardins Adult Financial Education Award in 2022 and 2019. This award recognizes leadership within the credit union movement on behalf of financial literacy for all ages in honor of Alphonse Desjardins, who emphasized the movement’s long-time commitment to youth and founded the first credit unions in Canada and the United States. This award was earned on behalf of the hard work and passion that Elba Arenas and Brian Wiktor, along with their team, bring to the MC Federal Financial Literacy program. The 2022 award was earned in acknowledgement of the success of our class, “The Road to Financial Wellness,” held in conjunction with Getting Ahead Foundation. In 2019, Elba and her team were recognized for delivering financial education to members, not-for-profit organizations, churches, businesses and the Hispanic community through classes and one-on-one counseling. 

MC Federal’s financial literacy program impacts our local communities in a positive way. In the 6-week program, participants are educated in areas such as accounts and fees, budgeting, rates, fraud, and credit and debit products. The class is focused on teaching basic economic empowerment skills and financial knowledge to serve as a road map to financial well-being.

For more information on these classes or to sign up when they are available, please contact Our Financial Literacy Team at 800-834-0082, view our Financial Literacy brochure, or fill out our Financial Literacy contact form.

This project is funded by a grant from the
CrossState Credit Union Foundation.

Making Your Financial Goals Happen, Together.

As a valued member of MC Federal Credit Union we are committed to serving you and care about your financial health. To support you in meeting your financial goals, we’ve partnered with trusted national non-profit GreenPath Financial Wellness to offer you free individualized counseling, guidance, and educational resources.

GreenPath has more than 60 years of experience helping people build financial health and resiliency. Their NFCC and HUD-certified counselors give you options to manage credit card debt, student loans, and homeownership.

Green Path Logo
  • Financial Counseling – You have access to free, one-on-one financial counseling delivered by caring, certified experts. They’ll help you to understand your situation, learn about options, and make a plan to meet your goals.
  • Debt Management Services – If you have high-interest credit card debt, a GreenPath Debt Management Plan may be able to help lower your interest rates so you can pay off debt faster.
  • Housing Services – Take advantage of foreclosure prevention services, homebuyer counseling, rental counseling, and reverse mortgage counseling.
  • Credit Report Review – Learn how to read your personal credit report, how a credit score is calculated, and how to improve your score.
  • Student Loan Counseling – Understand repayment options that can postpone or lower your payments. Learn the pros and cons of each strategy so you can make an informed decision on which is best for you.

 GreenPath counselors are here to help.

Are you ready to start on the road to improved financial health? Call GreenPath today at 877-337-3399 and one of their kind, caring, NFCC-certified counselors will help you develop an action plan to make informed financial decisions and find your path to a bright financial future. It’s free, no-pressure, and 100% confidential.

Want them to call you instead? Request a call from a GreenPath counselor today!

FREE CREDIT REPORT REVIEW

Understand your credit score with a little help from the
non-profit credit counselors at GreenPath.

WHY YOUR SCORE MATTERS
Your credit score is one of the most important measures of your financial health. From taking out a mortgage to establishing a new line of credit, lenders look to your credit score as an indicator of your creditworthiness. The higher your score, the easier it will be to secure new loans or lines of credit. If you have a low credit score, not only can it be more difficult to secure financing, but you’ll also be stuck with much higher interest rates.

FREE CREDIT REPORT REVIEW
With so much at stake, knowing how your credit score is calculated and understanding how to read your credit report is an important component of your overall financial health. Through our partnership with non-profit GreenPath Financial   Wellness, you have access to a Free Credit Report Review with an NFCC-certified credit counselor.

WHY YOUR SCORE MATTERS
Your credit score is one of the most important measures of your financial health. From taking out a mortgage to establishing a new line of credit, lenders look to your credit score as an indicator of your creditworthiness. The higher your score, the easier it will be to secure new loans or lines of credit. If you have a low credit score, not only can it be more difficult to secure financing, but you’ll also be stuck with much higher interest rates.

FREE CREDIT REPORT REVIEW
With so much at stake, knowing how your credit score is calculated and understanding how to read your credit report is an important component of your overall financial health. Through our partnership with non-profit GreenPath Financial   Wellness, you have access to a Free Credit Report Review with an NFCC-certified credit counselor.

Review Your Credit Report
GreenPath will pull and review your current credit report with you.

Understand Your Report & Score
Learn how to read your credit report and understand the key factors that influence your score.

Improve Your Score & Financial Health
Your counselor will advise you on best practices and strategies for improving your overall financial health.

A credit review won’t affect your score and is 100% confidential. Take control
of your financial future and speak with a GreenPath credit counselor today.

Get Control of High Interest Credit Card Debt

Credit cards help pay for everyday expenses.
But carrying balances each month can be tough on your budget.

THE POWER OF A PLAN
Since double-digit interest rates compound daily, the amount you owe gets bigger and bigger. Fortunately, our partnership with GreenPath Financial Wellness gives you options. Caring, certified counselors are ready to understand your specific challenges, and work with you to make a plan to get control of high interest credit card debt.

FREE FINANCIAL COUNSELING
When it comes to getting control of high interest credit card debt, understanding your specific financial situation is an important step to improve your overall financial health. Through our partnership with non-profit GreenPath Financial Wellness, you have access to Free Financial Counseling with an NFCC-certified credit counselor.

THE POWER OF A PLAN
Since double-digit interest rates compound daily, the amount you owe gets bigger and bigger. Fortunately, our partnership with GreenPath Financial Wellness gives you options. Caring, certified counselors are ready to understand your specific challenges, and work with you to make a plan to get control of high interest credit card debt.

FREE FINANCIAL COUNSELING
When it comes to getting control of high interest credit card debt, understanding your specific financial situation is an important step to improve your overall financial health. Through our partnership with non-profit GreenPath Financial Wellness, you have access to Free Financial Counseling with an NFCC-certified credit counselor.

GreenPath helps you take a look at income, expenses, debt and other aspects of your

If managing debt is a challenge, discover your options to take control.

Your counselor will review options for improving your overall financial health.

Calls are 100% confidential.
Financial health starts with a conversation with a GreenPath counselor.

Financial Wellness Articles

The latest  articles from GreenPath’s blog covering a diverse array of topics including dealing with debt, budgeting, student loans, homebuying, and other financial wellness topics.

Make Your Financial Goals Happen with Free Financial Education Courses
Financial Wellness Starts with Financial Education.

From learning how to budget to paying down debt, being equipped with the right information is key to taking control of day-to-day financial choices and achieving your financial goals.

Through our partnership with GreenPath Financial Wellness, you have unlimited access to the GreenPath LearningLab+ – a brand new education portal featuring a robust library of courses, guides, and other resources for improving financial wellness.

Designed by a team of education specialists and financial wellness experts, the portal is easy-to-use, convenient, and teaches key financial concepts in a fun and engaging way.

Learn how to:

  • Establish a Budget
  • Open a Checking Account
  • Prioritize Expenses
  • Improve Your Credit
  • Establish Healthy Financial Habits
  • Understand Forbearance & Mortgage Options

Registration is quick and easy! Sign up and start exploring courses here.

CheckRight

Opening a Checking Account Just Got a Whole Lot Easier. 

Interested in opening a checking account but unsure where to start? Whether you are opening an account for the first time or you’ve had one in the past, this course can help you understand how a checking account can benefit you. We’ll also explore some common checking account options, and how to best deal with challenges along the way. In this interactive experience, you’ll follow Veronica and Nicholas through real-life scenarios as they interact with their new accounts, deal with common challenges, and use these challenges as an opportunity to learn and grow as they work toward their long-term financial goals. In this course, you will learn:

  • How to deal with and avoid common anxiety-causing situations such as missed due dates, overdrafts, and rejected transactions
  • The benefits of mobile account management
  • Which plastic card to use (i.e., ATM cards, debit cards, credit cards)
  • What ChexSystems is and how you can overcome any roadblocks associated with it
  • How to clear items from the mystical QualiFile

Estimated time to complete: 15 min 

 – Course does not use sound