Matanuska Valley Federal Credit Union | Building Better Financial Futures

Time 2020-11-20 17:03:16

Web Name: Matanuska Valley Federal Credit Union | Building Better Financial Futures

WebSite: http://www.mvfcu.org

ID:122000

Keywords:

Federal,Credit,Matanuska,

Description:

Protect Your Budgetby: Chris O'SheaThe coronavirus has hurt the nation’s economy and it has likely impacted your finances as well. While a recession is out of your control, you can take steps to tighten things up at home. Here are some tips to recession-proof your budget.Add Up the NecessitiesGo through your budget to see exactly what you need to cover the essentials. Your expenses might vary, but they likely include things like mortgage or rent, utilities, auto and health insurance, gas and groceries.Make CutsNow that you know exactly what you need for your “must pay” expenses, it’s time to trim the fat from everything else. If you’re not using a subscription service, cancel it. See about pausing your gym membership until the pandemic fades away. Cut back on ordering takeout. While it’s fine to keep some fun expenses, you want them to be few and far between.Seek HelpAs Cnet reports, many companies are offering pandemic-related relief. Take advantage of that aid. Call utility companies, credit card companies, student loan lenders and more to see what kind of relief they’ll offer. (Make sure to get it in writing and check that they won’t report you late on your credit report.)Increase SavingsTake whatever extra cash available in your budget and use it to fatten up your emergency fund. As always, you want this account to be able to cover three-to-six months of expenses. If you already have that amount, keep adding to it until things settle down. Don’t neglect your investments, but for the immediate future, your emergency fund should be a priority. Paycheck Protection Program: Loan ForgivenessPaycheck Protection Program Loan InformationThe Paycheck Protection Program (PPP) was a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.Click hereto read more about PPP loan forgiveness on the SBA website.UPLOAD PPPLOAN FORGIVENESS FILES HEREin 2016, $90 million was spent on Snapchat adsThe average user spends 25 minutes a day on Snapchat73% of American 18-24 year olds use the platform47% of US teens think it's better than Facebook24% of US teens think it's better than InstagramNovember 12, 2020 (Anchorage, AK) –The rapid spread of COVID-19 cases across Alaska, especially among health care workers and other essential first responders, is placing the state’s emergency response and health care systems at urgent risk. Today Alaska Governor Mike Dunleavy urged Alaskans to take immediate action to combat the virus as the state remains in the red zone, indicating 101 or more new cases per 100,000 population.Governor Dunleavy's complete messageWe at MVFCU continue to be dedicated to the health and safety of our Staff and Members. To reinforce our commitment to our member and staff the following are in effect and will continue until this pandemic is over.* Social Distancingis recommended in our lobbies and other common areas of the Credit Union. * Face masks will be worn by staff. Members are also encouraged to wear masks. * Sneeze guards are in place at Teller stations and Member Services Representative desks. * Increased cleaning with CDC recommended bleach solutions to common areas.Members are encouraged to use our Virtual Services: ** Drive up ** liveATM ** ATM ** Contact Center ** MV Online ** MV Mobile AppYour money is as mobile as you areNo matter where life takes you, we're always right where you need us with the MVFCU Mobile App. WCAG 2.0 (AA) Website ADA Accessibility. If you are using a screen reader and are having difficulties using our website, please call (907) 745-4891 for assistance.

TAGS:Federal Credit Matanuska 

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