MTEFCU is now Breakwater Federal Credit Union

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Understanding Credit

Choosing the Credit Card That’s Right for You

Are you having difficulty choosing between the credit card options that are out there?  With all the different interest rates and perks that you can choose from, it’s understandable that the process of choosing one can be overwhelming.  Download this worksheet to compare several different credit cards and decide which one is right for you!

"All About Credit" book cover

All About Credit: How to Build/Improve Your Credit History and Understand Loans

Copies of our FREE book are now available in the following locations (while supplies last):

  • Our lobby
  • Portage Lake District Library (Houghton, MI)
  • Hancock School Public Library (Hancock, MI)
  • Calumet Public-School Library (Calumet, MI)
  • Ojibwa Community Library (Baraga, MI)

If you manage a local business or organization and would like books to provide to your patrons for free, please contact us at

First Loan and Credit Improvement Programs

If you have never had a loan or have a low credit score and/or derogatory credit history, check out our new credit programs, absolutely FREE! You will work one-on-one with one of our knowledgeable loan officers to learn how credit works and how to maintain a good score and history. You will also receive a copy of our book “About Credit.” Enroll today!

Credit Report Checkups 

Credit reports and scores can be confusing to interpret. If you would like help understanding how to read your credit report, our loan officers would be happy to meet with you to show you what it says, what is currently affecting your score, and what steps you can take to improve your score.  Schedule an appointment today!

Credit Scores: The SATs of Adulthood

This downloadable PDF from the National Endowment for Financial Education explains the basics of how credit scores work and why it’s important to maintain a credit score.