Posts in category News & Events

Mercer County Community Federal Credit Union Earns 5-Star Rating

April 2020: Mercer County Community Federal Credit Union has been recognized on its achievement of a 5-Star Superior Rating by BauerFinancial, Inc., the Nation’s Premier Bank and Credit Union Rating Firm. Earning this 5-Star rating indicates Mercer County Community FCU closed out calendar 2019 excelling in areas of capital adequacy, earnings, asset quality and much more.

“On behalf of Mercer County Community FCU, we are honored to earn BauerFinancial’s top 5-Star rating,” reflects Sandi Carangi, CEO. “Because credit unions are formed by people with common ground to begin with, employees and members already have commonalities we can build on. This intimacy allows our credit union to work with our members through every life stage. Doing this well is how Mercer County Community FCU remains financially safe and sound.”

Mercer County Community FCU was established in 1957 and has been working side by side with its members for 63 years, helping bring success to the members and to the credit union. Today, Mercer County Community FCU operates through two conveniently located offices in Hermitage and Sharon and can also be found online at mercomfcu.org.

Mercer County Community FCU: “Making a Difference in Our Community”
Member NCUA and an Equal Housing Lender

BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating.

Mercer County Community Federal Credit Union Announces 20th Annual Continuing Education Awards

Mercer County Community Federal Credit Union announced their 20th Annual Continuing Education Awards during the virtual annual meeting on April 18, 2020.

Five $1,000 awards were presented for the 2020-2021 academic year.

Alexandria Anderson, Wilmington Area High School
Dylan Evans, Reynolds Jr/Sr High School
Ja’Mia Jackson, Sharon High School
Justin Kurelko, Sharpsville Area High School
Ellis Law, Hickory High School

In addition, the following students received $500 Continuing Education Awards:

Allie McMahon, Sharon High School
Nicole Lynn Bornick, Mercer Area High School
Tanner Niemann, Conneaut Area High School

Awards were open to any 2020 high school senior pursuing an academic, professional, or vocational post-high school education at a college, university, or accredited trade school. Applicants were required to be a member of MCCFCU prior to submitting their application.

A Message to Our Credit Union Family from Sandi Carangi, CEO

Updated: April 22, 2020

We are here for you

As your credit union, we continue to monitor the latest updates regarding the Coronavirus (COVID-19) and want you to know we are here for you as we always have been. Your deposits are safe and insured. We’re not going anywhere, because at its core, our credit union is not a building or a business, it’s people unified for a common goal.

Access to your money

The safest and easiest way to access your money 24 hours a day during this outbreak is through our online banking services. If you don’t currently have access on your mobile phone, now is a good time to initiate this feature from your home banking screen and then download our mobile app. While our lobbies are closed, we encourage you to use our drive-thrus that are operating during normal business hours, or our ATMs. You may also call our offices for assistance with transactions.

Here to help you

If you’ve been financially impacted by this pandemic, our staff is prepared to discuss your options and help guide you through these uncertain times. Now, more than ever, we are here to support members like you. We have the following new offerings to share with you:

Emergency Loan – a special loan up to $3,000 with a rate of 4.99% APR* with a term of 24 months.
Extension of first payment due date is available on all new auto loans and personal loans for 90 days from the date of the advance.
No late charges for all loan types will be assessed for the months of April, May and June 2020.
Special Loan Deferral Skip-a-Pay program is available on existing eligible loans for the months of April, May, or June 2020.
Special VISA Skip-A-Pay program is available for May or June. Eligible members will see a message in their VISA statement and the minimum payment will show as “NONE”.
*Annual Percentage Rate. Loans subject to credit approval. Available through June 30, 2020. Interest continues to accrue during extended payment period for Skip-a-Pay programs.

Please call with questions or for more details on any of these special offerings.

Protect yourself from cyber scams

Scammers are taking advantage of fears surrounding the Coronavirus. They’re setting up websites to sell bogus products, and using fake emails, texts, and social media posts as a ruse to take your money and get your personal information. It is important to note that if we reach out to you, we will NEVER ask for confidential information such as your account number, password, personal identification number (PIN) or other account information. You can review the Federal Trade Commission’s advice for consumers at www.consumer.ftc.gov. Visit Tips for Our Credit Union Members for additional information.

Promoting health and safety

We at Mercer County Community FCU are proud to be a part of your lives and are honored by the trust you place in us. We are not only thinking about your financial security, but your health as well. We are working diligently to ensure we are utilizing the best health practices during this pandemic and staying up to date on the latest protocols and recommendations from public health authorities. Our number one priority is protecting the health and safety of our employees who are here to serve you.

We’re here if you need any additional assistance

If you want to learn more about COVID-19, visit the CDC’s resource center www.cdc.gov or the PA state health department website www.pa.gov. Please take care of yourself and those around you, and do not hesitate to contact us for any assistance.

Sincerely wishing you the best of health,

Sandi Carangi, CEO,
Mercer County Community Federal Credit Union

Shenango Valley Chapter of Credit Unions Presents Mercer County Community FCU Members $2,500 in Continuing Education Awards

Mercer County Community Federal Credit Union presented $2,500 in Education Awards on June 20, 2019. This year, five members of MCCFCU were each presented a $500 Continuing Education Award through the Shenango Valley Chapter of Credit Unions Annual Essay Contest. The awards were presented to credit union members that are students, pursuing post-high school studies at a college, university or vocational trade school. This year’s Mercer County Community FCU 2019 Continuing Education Award recipients are:

• Corey Thompson • Emma Messett • Emily Hazlett • Kyle McDonough • Olivia Ann Lapikas

Ten additional awards were also presented from the Shenango Valley Chapter of Credit Unions. They were to members of First Choice FCU, GNC Community FCU, Grove City Area FCU and Shenango China FCU. Congratulations to all 15 award winners.

Photo of scholarship winners with members of the board of directors and the CEO. — (Pictured left to right) Award Winners from Mercer County Community FCU: Kyle McDonough, Corey Thompson, Emily Hazlett, Olivia Ann Lapikas; Ed Zipay, Board Chair of Mercer County Community FCU; Laura Kubyako, Board Treasurer; Bob Lucas, Director and Sandi Carangi, CEO. Not pictured: Emma Messett.