When you receive your tax refund, learning how to spend it wisely is your best bet.
The effects of inflation can be detrimental to your budget. However, there is a way to make ends meet without draining your savings.
A new trend emerging involves fraudsters piggybacking off legitimate text alerts from financial institutions.
Here is some information to help you when it's time to make decisions about Medicare.
Tuesday, March 14th starting at 5:30 pm EST
There is no better way to ensure your financial well-being than through a well-maintained budget.
Review the following ten tips to help make your spring break funds go further!
Let’s explore the additional costs of preowned vehicles and how you can reduce how much you pay.
While most dream of early retirement, are there drawbacks?
Get the latest information on new services, current promotions and other news with our monthly News & Notes newsletter.
With tuition costs continuously rising, it’s wise to consider all your options. One of the best places to start is by exploring college scholarships.
Many tax-advantaged retirement accounts limit how much you can contribute per year. To maximize your tax savings, you’ll want to start early.
You have a valuable opportunity to super-charge your retirement savings while managing your income tax liability.
The IRS announced that the starting date for when it would accept and process 2022 tax-year returns was Monday, January 23, 2023.
It's a good time to clean out and organize your financial records so you can quickly locate something if you need it.
Here are a few of the key adjustments for 2023
A comprehensive end-of-life plan can significantly ease the burden on family members during a highly emotional period.
Legislation is designed to improve the current and future state of retiree income in the United States.
Unplanned expenses and financial hiccups can throw off your budget instantly and put you in a financial pickle.
Here are some of the most common tax scams to watch out for.
Your credit score is a crucial component of your overall financial well-being. But what if your credit score is less than stellar?
Simplifying your finances requires a bit of effort up front, but making just a few changes may help free up more time to focus on your financial priorities.
Incorporate the following tips into your routine to ensure you’re staying productive while working remote.
It may seem like joining a Credit Union is the same as opening an account at a bank, but that’s not true.
Finding ways to instill patience and goal-setting skills in children is crucial – and the sooner you begin, the better.
To help improve your financial situation, you might consider reducing your debt.
Effective January 13th, we raised rates for regular and IRA certificate accounts.
Get the tax help you need and special member savings with TurboTax® and H&R Block®
Check out our all new Winter Auto Talk automotive newsletter.
Doing so will not only relieve your stress and anxiety levels, but there are many other benefits you’ll experience.
We can finance your boat purchase!
Gambling by nature is designed to be addictive. While it can be fun, you must set limits.
Get the latest information on new services, current promotions and other news with our quarterly Your Money newsletter.
The following guide will detail the framework you can follow to ensure you’re ready to start financially fresh in the new year.
In preparing for retirement, the best time to start investing is now — for two key reasons: compounding and tax management.
The Biden administration has announced another extension for repayment of federal student loans to an unspecified date in 2023
Here are cost highlights for the 2022-2023 year
Whether it’s traveling the world, relaxing on the coast, or spending time with grandchildren, everyone dreams about retiring one day.
The tax benefits associated with charitable giving could potentially enhance your ability to give and should be considered as part of your year-end tax planning.
Use Your LMFCU Visa Debit or Visa Platinum Credit Card
The DOE and EPA provides information about fuel economy and the benefits of using more fuel-efficient vehicles.
Between the festive atmosphere and being in the giving spirit, it’s easy to get carried away. However, with a bit of preparation, you can make the day fun and memorable.
You may now make credit card payments through Online and Mobile Banking.
Use the following guide to become familiar with the steps necessary for a fun and positive car-buying experience.
The following guide will help you prepare for this next chapter in your life and ensure you’re ready to make the move.
Commonly known as the “sandwich generation,” these individuals are raising their own children while also caring for aging parents.
Received an inheritance of cash, investments, or property? Here are four ways that can help you keep it from being swallowed up by taxes.
can be made between October 1st and the last business day of December
The 2022 Annual Membership Meeting was held Wednesday, October 19, 2022 at the Middle River, Lockheed Martin “E” Building.
Before you let today’s economic woes bah humbug your holiday spirit, review the following tips to help boost your spending power.
While facing unforeseen medical expenses can be challenging, several options are available to make paying these bills more manageable.
Incoming and returning college students can start filing the Free Application for Federal Student Aid (FAFSA) for the next academic year.
With the holiday season right around the corner, now’s the perfect time to get a handle on any outstanding credit card balances.
Here are a few tips to avoid the holiday panic and be "on your game" by shopping early this year!
There are a number of approaches to help determine how much life insurance you should have. Here are three of those methods.
The importance of proper estate planning cannot be overstated.
Doing so can positively affect both your financial and mental well-being.
There are three types of advance directives for health care.
There are many techniques to help children excel in school, a commonly debated topic is whether you should pay your child for good grades.
Deciding what will happen to the money in your accounts should you unexpectedly pass away is vital to your financial plan.
Our Online and Mobile account alerts system has been inactive for an extended period of time.
While your mobile devices make your life much more convenient, they also open you up to the possibility of fraud.
While online scams have been around for ages, new technologies bring additional means for fraudsters to take advantage of unsuspecting victims.
Debt has earned the reputation of being something to avoid at all costs. But it may not be as simple as that.
President Biden announced a plan for additional student loan debt relief.
If you approach your new car shopping with a plan, you might be able to grab yourself a great deal.
This service allows for consumers to set up a simple system that directs funds to various accounts.
Effective August 8th Visa check card & ATM card fraud notifications will be sent by text or email.
With a pre-approval, you’ll have the upper-hand when it comes to negotiating with dealerships
Your kids will be headed back to school before you know it!
There are many reasons why it’s so beneficial to have your accounts and loans at the same financial institution.
Learn how to obtain a free copy of your credit report and the steps to correct any errors.
Whether traveling cross-country or across continents, there are many ways to save money while on vacation.
Mobile Banking, CardNav, SecureLock Equip and No-Surcharge ATM Locator
Everyone sets goals. Typically, these goals fall into two categories - short-term and long-term. But what about mid-range goals, such as five years?
Keeping your financial accounts safe in today’s digital world is a growing challenge.
The trick is to limit how much you borrow.
Auto Loan Refinance Calculator
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With gas prices steadily climbing, you may be considering going electric.
The best way to achieve financial milestones is through a budget.
While buying out your lease might not be something you considered before, it’s worth exploring in today’s market.
It’s essential to take swift action to get the situation under control.
Interest rates on federal student loans are set to increase for the 2022-2023 school year by more than 1%.
Being prepared may help you make it through a natural disaster safely.
Depositing Checks from Unknown Sources, Donation Requests, Requests for Account Info, & Paying with Gift Cards
Homebuyers braving the hot housing market have run headlong into a striking transition. Issues include rising housing prices and high mortgage rates.
Yes. Unless you absolutely cannot afford to set aside any dollars whatsoever, you should contribute to your employer's 401(k) plan.
Gas prices have reached $4.80 a gallon in Baltimore!! There are many things you can do now to help you save at the pump.
Check out our 4 signs that it is time to replace your vehicle.
Much of what we do day-to-day is driven by habit.
Our new chart lists alternate ways to complete your transactions.
What’s Behind it and How to Cope
Learn how to recognize common scams, take action if you think you are a victim of fraud and learn what you can do to protect your finances from fraud.
The NCUA is highlighting its online educational resources that address the unique financial and consumer protection needs of older Americans.
The Summer Club account withdrawal period started on Monday, May 1st.
Effective April 19th, a new version of our Mobile Banking app is available on the Google Play and Apple App stores.
Probate is the process of proving the validity of a will and supervising the administration of an estate usually in the probate court which can delay the distribution of estate assets.
On April 6, the U.S. Department of Education announced a record sixth extension for federal student loan repayment, interest, and collections.
If you shop online, you might have noticed a growing number of buy now, pay later (BNPL) services.
It's easy to confuse Medicare and Medicaid, because they have similar names and are both government programs that pay for health care.
As with most national or global tragedies, the scam artists quickly arrive and prey on the empathy of individuals
Seven ways to get your finances in order.
If you want to reduce your taxes for 2021 - it’s not too late!
The Federal Reserve started raising short-term rates due to high inflation. Refinance your debts before rates go up!
Do everything you can to reduce the cost of your next fill-up.
Balancing College and Retirement Preparations
Here are a few smart ways you can put your tax refund to work for you!
What You Need to Know to Stay Secure
A portion of your benefits may be subject to income tax if your modified adjusted gross income (MAGI), exceeds specific limits.
The Maryland RV show, located at the MD state fairgrounds in Timonium, was open from February 18th – 20th and 25th – 27th
Why Your Next Auto Loan Should Be From Us
The Credit Union’s GAP protection fee is typically much lower than the dealers.
We can finance your purchase of a new or used motorcycle.
Has your auto or truck factory warranty expired or close to expiring?
Fake and unauthorized at-home testing kits are popping up online
Discounted TruStage Auto & Homeowners Insurance Products Are Only Available to Credit Union Members.
Members will be charged a $1 paper statement fee if you have not enrolled for eStatements
Your changing health insurance needs
eZCard Website Security Upgrade
While there are many reasons why women need life insurance, often women have little or no life insurance protection.
You can, but it isn't your best option.
Baltimore County Police gives safety tips for in-store shopping during the holiday season
Due to member requests, we are amending our office hours.
Knowing what you can and can't claim as charitable contributions helps you maximize the potential tax savings
Check out our Scorecard Rewards program!
Many limitations will increase for 2022
On January 31, 2022, the pause on interest and payments for federally held student loans will end.
Traveling this holiday season?
Consumer Credit Counseling Service of MD (CCCSMD) is a non-profit financial counseling agency
Skip Your Next Loan Payment!
Set up account alerts to keep up to date on your account activity!
As the holidays approach, it’s important to prepare how you will plan for the extra expenses.
See our short list of loan rates.
Apply for a loan in as little as 10 minutes.
The security of your account is very important to us.
You may request copies of checks from your account.
Fall Update: Boost Your Refund, Tax Tips and More
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Remember to immediately report the loss of your LMFCU card to minimize fraudulent activity
We have the loan for you!
What is a Credit Union? Why is it different?
Check out the CFPB’s Money Smart for Older Adults Resource Guide
Report Identity Theft and Get a Recovery Plan
Save Up To $9 Per Ticket!
Here are some scams that are going around about Coronavirus
Mobile Wallet allows you to pay for items using your smart phone or smart watch.
18 Tips to Improve Your Financial Well-Being
While loans have many benefits, there are situations when and where a loan is a bad idea
Scams Target Victims Via Text or Email Appearing to Be From State Agencies
There are many reasons why it’s beneficial to have your accounts and loans at the same financial institution.
Regardless of what is happening in the world around you, there are times when you simply need a new car.
Helpful information on how to make planning your ideal vacation a breeze while saving money in the process
Get exclusive savings on movie tickets, theme parks, hotels, tours, Broadway and Vegas shows & more.
Here are some steps you should take to ensure a good experience when buying a vehicle from a private seller.
With online transactions increasing each year, it’s more important than ever for people to become vigilant in protecting their identity.
You don't think it will ever happen to you — and then it does
When looking for ways to save more money, it’s essential to include the whole family.
This service allows payments you already made to clear even if you do not have enough money in your checking account to cover the full amount
These tips will help parents teach children of all ages how to save more, manage their money, and grow their savings effectively.
Get the latest information on new services, current promotions, fraud alerts, service updates and other news.
Lockheed Martin operations will end in Middle River by March of 2023
Any member of your family or household may establish their own Credit Union membership by opening a Family Share account.
To avoid postal delays, consider the following options.
List of tax scams for 2020
Check out the answers to frequently asked questions courtesy of Turbo Tax.
Daily transaction limits have been increased
We have been notified that Internet Explorer (IE) is no longer a supported browser for accessing our Internet Bill Payment and Online Banking systems.
Identity Theft - A Recovery Plan from the FTC
With so many people using smart devices in their homes these days, it’s more important than ever to make sure they are secured.
One of the most important things you can do to boost your savings is to trim the fat from your existing budget.
Working with a reputable financial advisor can help you make wise investment decisions.
What are they and how do you use them?
When you apply for a loan or open a new account, you are typically helped by the same LMFCU employee from start to finish.
Get a personal, auto, boat, RV, motorcycle, home equity loan or home equity line without visiting our office!
It’s never too early to begin planning for your retirement.
You need to understand all the risks involved before co-signing a loan with someone.
Forget about the inconvenience of lost or delayed statements due to mail problems.
A vehicle purchase is a big decision. Here are a few questions to consider when making the decision to replace your vehicle.
Payday loans may seem like a viable option, but they can quickly spin out of control and put you into even greater debt.
An increasing number of victims are being directed to fraudulent websites via social media platforms and popular online search engines.
Let’s review the pros and cons of buying a used vehicle, and what to look for when you’re in the market for one.
While credit cards can serve an important purpose for helping out in financial jams, they aren’t always the best options for people to consider.
Did you know we also offer...
With everything going on in the world right now, it’s easy to fall victim to stress and anxiety.
Looking for the best rate to finance the purchase of your vehicle can seem like a minefield of choices.
The Real Difference Revealed
COVID-19 continues to affect many within our communities. Some of the hardest hit are small businesses.
Accurate credit bureau information is key to getting loans approved at the lowest interest rates available.
Four Tips To Maintain Your Good Credit Score
The security of your personal information is a primary goal of LMFCU.
We are sorry to let everyone know that Vivian Bold passed away on March 25th
With COVID-19 spreading, it's important for you to take the reins over your finances and make your money work for you despite the uncertainty all around.
If you’re in the market for a car this year, you’ve got a lot of factors to consider.
Life is full of surprises. An emergency fund can help protect your financial health in the event the unexpected happens.
When monitoring your credit, don’t only look at your credit score.
Understanding where your money goes is the first step in having financial control.
Financial Tips to Consider When Getting and Repaying a Loan
Direct Deposit To Your Account
We offer Traditional and Roth Individual Retirement Accounts.
Whether it is car repairs, medical bills or a sudden job loss, unexpected expenses are sure to pop up.
One of the most significant ways to free up extra money is by reviewing your current loans.
Do you have a financial goal you’re looking to achieve?
It seems nowadays just about anything can be delivered right to your doorstep.
Unexpected expenses or emergencies can be devastating to your finances.
Most people don’t realize they are spending a significant amount of money needlessly.
Have your checking account with another institution? Not fully utilizing your LMFCU checking account?
Learn about how social security protects you and your family.
Poor money management can lead to debt, stress and dependency on others.
Roth IRAs are tax-favored financial vehicles that enable investors to save money for retirement.
There are many ways to withdraw funds from your Credit Union accounts. A visit to our office is NOT required!
Look Out For ATM Tampering!
Open new Traditional or Roth Individual Retirement Account (IRA)!
Protect yourself and your loved ones - Learn to pick up on the warning signs.
America's growing older adult population is uniquely vulnerable to a broad range of exploitation and abuse.
A new trend in identity theft is child identity theft. Why? Criminals target kids as they come with clean credit histories and their parents don't often notice there’s a problem.
As more account holders begin to jump on the mobile banking bandwagon, it's important to remember that a Smartphone essentially acts as another computer.