Nothing could be more rewarding than raising a child.
But it does involve a new level of financial responsibility. Let MCU help you prepare your pocketbook for parenting:
Saving for Baby
MCU offers several different savings options that can help you put aside money for the big event.
Establish New Membership
Consider starting an MCU StartPoint Savings youth account to for your new child. All you need is a social security number and $5 to get the account started.
Growing Family = Need More Space
If your expanding family needs more space, MCU can help you finance a new home, or finance a room addition with an MCU Home Equity Loan or Line of Credit.
Insurance
If you already have a life insurance policy, either through work or one that you have purchased separately, you may want to change or add your new little one as a beneficiary.
Teaching Your Child Money Management
MCU offers StartPoint Youth Accounts to help your child start learning smart savings and spending habits.
Saving for College
Begin thinking about your child’s future education. Browse our Planning for College page or contact the Member Investment Adviser Representative located at MCU to discuss your options, including 529 College Savings plans.
Learn at Your Convenience with BALANCE
MCU has partnered with BALANCE to give members access to free financial planning tools, resources, and helpful articles:
