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Matadors Community Credit Union may collect the following information from users of our website. To see how this information is used, click here to go to our privacy page. Information we may collect: IP address, browsing history, search history, products and services considered, geolocation data, and information about your interaction with our website, application or advertisement. If you complete an online form, we may also collect your name, e-mail address, physical address or phone number that you provide to us.

PHONE SCAM WARNING! PLEASE READ:

Over the past few days, we have received reports of fraudulent activity affecting MCCU members.  

The scam involves a phone call from a scammer spoofing a MCCU phone number (it will look like it is coming from MCCU). The scammer states they are calling to confirm debit card transactions on the member's account (they have been referencing Walmart, but it could be any merchant).  The scammer then proceeds to try to obtain online banking login credentials, PINs, and SSN information.  This activity is fraudulent!

Do not ever give out your Debit Card number, PINs or passwords!  MCCU or our Fraud Monitoring vendor may call to validate a transaction, but will never ask you to provide us your PINs, passwords or other sensitive account information as a form of verification.

If you receive a phone call such as this, please report it to us immediately at 818-993-6328!

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College Scholarships, Grants and Loans - What do they Cover?
College Scholarships, Grants and Loans - What do they Cover?1/31/2019

Get the money you need for school. Apply for a Sallie Mae Student Loan.

Students and their families have plenty of options to consider when it comes to paying for college tuition. From scholarships to grants to loans, filling the gap can be a confusing proposition. Before deciding what options are right for you, there are a few important tips to keep in mind.

1. Start with free money.

While scholarships and grants are free money and don’t need to be repaid, both federal and private loans are debt that students will need to repay.

Matadors Community Credit Union encourages our members to borrow responsibly, only taking on the amount of debt you really need. We’ve partnered with Sallie Mae to offer access to the Scholarship Search tool, with more than 3 million scholarship options worth $18B, based on residency, personal interests, grades, and more.

2. Carefully consider how much money you need.

Keep in mind that college costs include more than tuition – you may need to include funds for housing, food, school supplies, transportation, a computer, and more. Once you have the total cost for the upcoming year, subtract any scholarships or grant money you’ve received, as well as any savings you or your family plans to contribute toward your education.

3. Set a budget.

It’s important for students to borrow only what they need to fund their education, not necessarily a lifestyle. In some cases, the loan amount offered to you might exceed the amount of money you really need to cover your expenses. To keep your debt low, determine your budget and only borrow what you need to live on. Also explore options like work study programs through your school or other job opportunities that can help defray college costs. If after considering your savings, scholarships, and grants, you still come up short, a private student loan can help to fill the gap.

Matadors Community Credit Union offers the Sallie Mae Smart Option Student Loan®. To encourage responsible borrowing, Smart Option Student Loans must be certified by the school’s financial aid office to help ensure students borrow no more than their cost of attendance less other financial aid received. With competitive variable and fixed interest rates, choice of repayment options, and no origination fees or prepayment penalties, the Smart Option Student Loan is a responsible way to fund your education.

Find out more about our Student Loans today!

 

Matadors Community Credit Union is not the creditor for these loans and is compensated for the referral of Smart Option Student Loan customers. This information is for borrowers attending degree-granting institutions only. Credit criteria and eligibility requirements apply.



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