Saturday, April 19, 2014

Frequently Asked Questions

Q?
Can anyone become a member of MCT?
A.
No. Membership in MCT Federal Credit Union is limited to those who live, work, worship, volunteer or go to school in Montgomery County. If you are unsure whether you qualify for membership, please contact us.
Q?
How can I become a member?
A.
It's simple to join. Just open a Share (savings) account. If you want to move an account from another financial institution, simply download our "Switch Kit" and bring it in to our branch. We'll do the rest!
Q?
Is my money safe at MCT?
A.
The short answer: absolutely. The longer answer is that not only does MCT not make "questionable" investments like some banks, we are also insured by the NCUA. NCUA protects the money you have in a credit union account up to $250,000, same as FDIC protects money in a bank account. Both are backed by the full faith and credit of the U.S. government, so no matter what happens, your money is safe.
Q?
Is it a long process to get a loan?
A.
MCT has some of the fastest loan turn-arounds available. Most loans are completed within 24 hours. We understand that your life goes on and decision need to be made, so we make it a priority to expedite your loan requests. And, new members can apply for a loan THE SAME DAY they become members! How's that for convenience?
Q?
Do you have online banking?
A.
Yes. Comprehensive online banking is available from MCT. Access your accounts 24 hours a day, any day, even pay bills online with our eBillPay system. Safe, convenient and easy to use!