Sign-up for e-Statements by going to Online Banking, selecting the Statement tab
and following .... I am now 25 years old and I have never been mistreated by.
Dividends 2nd Quarter 2013
The Board of Directors has declared dividends on the following types of accounts. Rates are per annum: Account Rate APY Savings 0.10% 0.10% Organizational 0.10% 0.10% Checking 0.05% 0.05% IRA 0.25% 0.25% Vacation Savings 0.10% 0.10% Holiday Savings 0.10% 0.10% APY = Annual Percentage Yield
Locations, Hours, Services Angola Branch 3845 Angola Road Toledo, OH 43615 419-381-2323 Fax: 419-381-2341 Toll-Free: 866-381-2323 Email:
[email protected] Elm Street Branch 3384 Elm Street Toledo, OH 43608 419-726-1539 Fax: 419-726-8444
Hours Mon. - Thurs. Friday Saturday
Lobby: 9 a.m. - 4:30 p.m. Drive-thru: 9 a.m. - 5 p.m. Lobby: 9 a.m. - 5:30 p.m. Drive-thru: 9 a.m. - 6 p.m. Lobby: 9 a.m. - 12 p.m. Drive-thru: 9 am - 1 p.m. (Branch closed Saturdays: June 15 - Aug. 31) Hours Mon. - Thurs. 9 a.m. - 4:30 p.m. Friday 9 a.m. - 6 p.m. Saturday Closed
Shared Branches Bank nationwide at credit unions displaying the swirl. Complete list of locations at www.EducaCU.com Online Banking, Mobile Banking, Bill Payer 24: www.EducaCU.com ATM Banking Use ATM services without paying surcharges at numerous credit union branches through the Alliance One and MoneyPass networks. Find locations at: www.atmallianceone.org and www.moneypass.com Special Closings
Christmas Eve:
Labor Day: Mon., Sept. 2 Columbus Day: Mon., Oct.14 Veterans’ Day: Mon., Nov. 11 Thanksgiving Day: Thurs., Nov. 28
Christmas Day: New Year’s Eve: New Year’s Day:
Close at NoonTues., Dec. 24 Wed., Dec. 25 Close at NoonTues., Dec. 31 Wed., Jan. 1, 2014
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency
Important Information about Dormant Accounts Our legal obligation: If an account is dormant for five years, which means no one has transacted business using the account— no deposits, withdrawals, transfers, etc.—we are legally obligated to transfer the funds to the state of Ohio. We do this annually. Dormant account holders will be mailed letters (and forms) in July. If you do not want your funds transferred to the State, then sign, date and return the form immediately after receipt or make a transaction (i.e. deposit) on the account. If your account balance is more than $10 and we do not hear from you, we will send your funds to the State of Ohio. If your account balance is $10 or less, we’ll zero out the account and close it. If you have questions, please call 419-381-2323.
Speedy
Apple
Summer 2013
Quick Tip: e-Statements are safe and secure and are available for viewing, printing and saving BEFORE regular paper statements. Sign-up for e-Statements by going to Online Banking, selecting the Statement tab and following the appropriate steps on the site. Sign up before July 31, 2013 for a chance to win an iPad or a $500 Best Buy gift card. Visit www.EducaCU.com for details or see the article on the inside of this newsletter.
79 th Annual Meeting a Success! It’s official— the 79th Annual Meeting is behind us and we’re already planning for our 80th. But, before moving on, let’s take a look at some of the significant things that happened during the 79th Annual Meeting: • Three Board of Director positions were filled. Welcome to the team— Brad Aemisegger (returning Board Director), Angela Jordan (1st full term) and Kelli Williams (newly elected). • Attorney Roger Zimmerman presented useful information about estate planning, wills, power of attorney and similar matters. If you would like to speak with Roger, contact him at 419-531-4544. He’s offering a free consultation to Educational Community Alliance CU members. • $5,000 in scholarship money was awarded to three outstanding youth members. Congratulations to all the winners (picture and brief bios appear below). • Members won a variety of prizes including gift cards, gas cards, sports chairs, and more.
2013 Joseph Lenga Scholarship Winners
Meet Iman Hooker: Another Scholarship Winner Former credit union Board Director, Robert D. Conley, greets Iman Hooker, winner of the $3,000 DECA scholarship named in his honor and awarded by Educational Community Alliance Credit Union.
Get Discounted Tickets As a benefit of membership at Educational Community Alliance CU, you are eligible for discounts on tickets for amusements such as Cedar Point, Mud Hens games, and local movie theaters. Visit your local branch to purchase discounted Cedar Point tickets (generally $43 per ticket for anyone 3 yrs. or older) or Soak City tickets at $28, movie passes $7.50 each. Mud Hens tickets can be purchased online or at the box office using code NWOCCU. Visit our website for more details.
www.EducaCU.com
• Lauren Yurjevic: Recent graduate of Sylvania Northview High School with a 3.91 GPA. Plans to attend The Ohio State University or the University of Cincinnati and major in Business.
Iman Hooker is a bright, creative, self-motivated student who recently graduated from Start High School. She plans to pursue a degree in Fashion Design from Kent State University. Iman graduated with a 3.9 GPA and a class rank of 15 out of 284 seniors.
• Zachary Schulz: Recent graduate of Central Catholic High School with a 3.37 GPA. Plans to major in Engineering at The University of Toledo.
Fashion is “in Iman’s blood”, as her mother is a former model and Iman’s name was inspired by the world renown fashion model—Iman.
• Alexandria Leatherberry: Recent graduate of Rogers High School with a 2.85 GPA. Plans to attend Bowling Green State University and major in Visual Communication.
While in high school, Iman played on the Varsity Volleyball team, was inducted in the National Honor Society, and worked at the Toledo Zoo. Her ultimate goal is to work for a “BIG” designer (like Prada), then open her own store. She would also like to land a spot on Project Runway or Fashion Stars, two of today’s popular shows centered around fashion.
Lauren Yurjevic, Zachary Schulz, Alexandria Leatherberry, with credit union CEO, Bob Tracy
Best of luck to all of our scholarship winners. Scholarships—our way of giving back to the members we serve.
Your Money
“In Action”
Your Credit Union in the Community...
Tell Congress, “Don’t Tax My Credit Union!”
There is a very important tax matter that will have a huge impact on Your credit union. Chartered as nonprofit financial cooperatives, credit unions have always enjoyed tax exempt status. But now there is talk in Washington, D.C. of possibly eliminating the tax exempt status of all credit unions, including ours. Basically, that means the benefits (lower fees and higher dividends) you experience as a member may be in jeopardy. If credit unions lose their tax exempt status, they’ll be forced to pay taxes with funds typically tied to the benefits that have been passed on to members. As a result, credit unions across the country have banded together for “Don’t Tax My Credit Union”, a national campaign designed to increase awareness about this tax issue among 96 million credit union members nationwide. Our hope is that this grass roots effort will convince Congress NOT to tax credit unions and to preserve financial choice for American consumers. As a credit union member, you can let your voice be heard in Washington. Please visit our website: www. EducaCU.com or www.DontTaxMyCreditUnion.com to learn more about this tax issue. Once open, click on the triangle play button and view the video to learn more about “Don’t Tax My Credit Union”. Open the “Take Action” link and follow the appropriate steps to send a letter to your legislator in support of Your credit union. Thank you in advance for your support.
Take a Chance on Winning... Sign up for e-Statements Here’s your chance to enter to win a new iPad or $500 Best Buy gift card from your credit union. No gimmicks! No hassles! Just sign up to receive e-Statements and you are automatically entered into our random drawing. Sign up is easy—literally, just a few clicks and you’re signed up: • Open Online Banking following your normal procedures (if you are not currently enrolled in Online Banking, visit EducaCU.com to enroll. Once enrolled, follow the steps below to sign up for e-Statements) • Click on the “Statements” tab at the top of the Online Banking page • Place a check mark in the box to acknowledge you have read and agree to the “Electronic Statement Disclosure” and • Click the “Start e-Statements” button that follows the acknowledgement. • And you’re all signed up! Now, you can start to enjoy the convenience and benefits of e-Statements, including: • Faster receipt of statements: You’ll receive your e-Statement sooner than paper statements (convenience of electronic delivery vs. snail mail delivery). • Easy notification: When your e-Statement is ready, we’ll send you an email to let you know. You, then, will log in to your online account to view, print, or download your statement. • Archived statements: One rolling year of statements always at your fingertips. View and/or print as needed. We start archiving statements the month you receive your first e-Statement. • No mailbox worries: Paperless statements mean you minimize the clutter in your mailbox as well as take advantage of a more secure option for statement delivery. No worries about stolen statements from your mailbox. • Help the eco-system: Less paper means fewer trees to cut down. And that’s good! • Earn a higher dividend: By signing up for e-Statements, you satisfy one of the requirements needed to earn a higher dividend with Ultimate Rewards Checking (URC). Learn more about URC at EducaCU.com. An iPad or $500 Best Buy gift card could be yours. Sign up for e-Statements NOW! Visit our website for contest details. Good Luck!
Congratulations! Marcia Johnson financed her new auto with us and received a $100 gas/ merchandise card.
Ask for CU Express while at the Auto Dealership CU Express is the way to go for your next auto purchase. It’s a great convenience for members because you can get Educational Community Alliance CU financing* right at the dealership! While there, simply inform the dealer that you want to obtain financing from your credit union. Find the perfect auto and then complete the necessary documents to start the financing process. Another great option is preapproval! Just stop by the credit union and get pre-approved for you loan amount, then you’ll know just how much car you can buy before you get to the dealership; which gives you more negotiating power. * Normal credit scoring and procedures apply
Educational Community Alliance Credit Union has been busy during the first half of the year, partnering with local schools and AFSCME locals to talk about financial literacy, benefits of being a credit union member and more. Thank you to the following schools and organizations that allowed us to present in your classrooms or at your annual conference days: • AFSCME Local 272 (Building Operators) • AFSCME Local 349 (Custodians) • AFSCME Local 2174 (Secretaries) • Reynolds Elementary School (7th & 8th grade) If you’re part of the educational community and would like us to share financial matters with your middle school or high school students, share information about credit union membership, products, services, and benefits with your teachers, principals, or other educators, please call us at 419-381-2323. We will certainly work to accommodate your request.
Our “Timely Response” Commitment In order to continue to provide quality service to you, our commitment is to respond to email or telephone inquiries within 24 business hours. By business hours we mean during our normal hours of operation, excluding holidays and summer weekends when our offices are closed. When you contact us, be sure to leave a detailed message (whether you call or email us). We’ll be sure to call you back or email a response within 24 business hours. Our initial response may not have a final answer for you; however, we will acknowledge your initial call or email and let you know that we are working on a more permanent answer or solution for you. Note: delayed responses may come if the person you contacted is out ill, away on vacation or out of the office on credit union business. In the latter case, a personal voice mail greeting or automated email message will indicate the person is out of the office. If your message is urgent or you need an immediate response, call 419-381-2323 and ask someone else to assist you. We are committed to timely response because our members matter most!
National Credit Union Youth Week 2013
Judi Dixon, member of Local 2174 and winner of the credit union’s $25 Visa gift card
Dawn Bennett (sitting), Financial Services Officer, with members of Local 2174: Jacki Druckemiller, Shannon Tate, and Christie Edwards (L to R), who happily show-off their new coffee mugs from the credit union Rich Miller, member of Local 272, won a $25 Visa gift card, compliments of the credit union, after entering the drawing held at his union’s annual conference day. Renee Schrein, Local 349 member (not pictured), won a $25 Visa gift card from the credit union.
Congratulations to all of the winners. Please visit us on the web at EducaCU.com, call us at 419-3812323 or stop by to find out more about how you might benefit from membership at Educational Community Alliance Credit Union.
Tiffany Mercer, winner of two movie passes for her entry in the youth week coloring contest
Hats off to young savers who deposited over $6,000 during youth week (April 22 -27, 2013)! More than 108 deposits were made during the week. We encourage the youth to keep saving. Why? Because it’s important to learn to save early for things you may want in the future. We were happy to match each deposit up to $10 per youth. Watch for other credit union fun activities throughout the year.
We asked and you gave: Thanks for your Support! Your generosity resulted in over $1,200 raised for our own St. Vincent Mercy Children’s Hospital. We appreciate your giving spirit.
What Are Members Saying? Sashmi C. says, “I have had the pleasure of being apart of TPS Credit Union (now Educational Community Alliance Credit Union) since I was 16 years old. I am now 25 years old and I have never been mistreated by anyone (employees), only loved. My whole family—mother, husband, brothers—are all apart of this happy (Credit Union) family.”
