Archives

3 Smart Ways to Spend Your Tax Return

If you’re expecting a tax refund this year, it’s smart to have a plan for your money. Don’t end up spending your refund money like it’s a bonus check from the government—treat it like any other paycheck. Think about your financial situation and figure out the most beneficial way to use that money. Here are […]

4 Questions to Answer Before Buying a Home

If you’re making major life moves—getting married or having kids—and starting to get the homebuying itch, consider asking yourself these four questions. 1. How healthy is my credit score? A mortgage can be one of the biggest financial obligations you’ll ever take on. Don’t add to that burden by paying a high interest rate.  It’s […]

Financial Warning Signs You Can’t Ignore

Wouldn’t it be nice if we could wave a magic wand and make money troubles just disappear? Regretfully, real life doesn’t work that way. However, we do have the power to take steps to correct it—and the first step is to recognize that there is a problem. For example, if you find yourself dealing with […]

Why Pay to Borrow Your Own Money?

Many people look at tax refund time as a second Christmas—the time when the government returns to you a chunk of money that had been withheld from your paycheck. Some people are so anxious to spend the money that they apply for a tax refund anticipation loan (RAL) so they can get the money as […]

Extra Credit Union awards $10,000 in grants to local schools

This fall, Barnes Early Childhood Center in Grosse Pointe Public Schools will have a new, unique attendee on its roster—a therapy dog. The dog will be able to enhance students’ well-being by reducing their stress, increasing students’ positive emotions, promoting engagement and positive attitudes toward learning, and so much more. The benefits of a therapy […]

ECU Closed Monday, February 17, 2025, for Presidents Day

Extra Credit Union will be closed on Monday, February 17, 2025, for Presidents Day. As always, members can use our ATMs and thousands of others in the COOP network for free, 24/7. In addition, members may check their account balances, transfer funds and more through eBanking, the eBanking App and PAT {Personal Anytime Teller} by calling {248} 663-4615. 

Important Update Regarding Statements

In light of recent events, we want to provide an update regarding Year End and December statements. At this time, we anticipate printed statements will be delivered next week. eStatements should be available within the same timeframe. You will be able to access both current and archived statements within eBanking at that time. We apologize […]

Extra Credit Union Collects $1,910 and 468 personal care/winter items for homeless students in Macomb County

Donation comes in time for frigid Michigan winter weather Negative 20 below wind chills. Continuous snow and ice-covered roads. We may have missed a white Christmas, but traditional winter weather has finally arrived in Michigan. For those who have a warm place to call home, this may not mean much. But it’s all too different […]

Important Scam Alert: Phone fraudsters posing as ECU staff

We may be coming out of the holiday season—A.K.A. scam season—but that doesn’t mean fraudsters will be done trying to steal your financial and personal information. Please be aware of recent scams and protect your information: PHONE CALL SCAM: Recently, members have reported receiving phone calls from a number that appears to be originating at […]

Are You Spending Too Much on Groceries?

How many times have you checked out at the grocery and were surprised by the total? It’s easy to let our grocery bill get too big if we’re not careful. Yes, food prices have gone up for certain items lately, and we’re making more meals at home now than eating at restaurants, but there are […]