A student loan that’s a PLUS

If you’re struggling to find money to cover your college costs, and the school’s financial aid package doesn’t go far enough, there’s a special kind of loan that may be helpful.

It’s called a PLUS loan, which stands for Parent Loan to Undergraduate Students. With a PLUS loan, your parent actually agrees to borrow money for you. Your parent takes out the loan, and you use the proceeds to pay for tuition, textbooks, living expenses, or other needs. Continue reading

Have you checked your credit cards lately?

When we buy shoes, or car tires, or razor blades, we know that they’re not going to last forever. At some point, they won’t provide the performance we expect, and we’ll replace them with new ones.

But what about credit cards? The cards themselves may not wear out, but is that credit card you obtained several years ago still the best one for your needs?  Credit cards change over time. Interest rates fluctuate, and the terms may be different. The credit card industry is increasingly competitive, and card issuers are constantly changing the deals they offer. Continue reading

Member Security Alert

Indiana Members Credit Union values your identity.  Be aware of scams where fraudsters call and request personal information over the phone, like your account number.  Indiana Members Credit Union representatives will not contact you via phone and ask for your account number.  As your financial institution, we have that information on file.

If you are ever concerned about a phone call you’ve received, please hang up and contact your local IMCU branch, or our member services department at 317-248-8556 or 800-556-9268.

Click here for a listing of IMCU locations and hours:  http://www.imcu.com/Locations-and-Hours.aspx