Summer 2015 - USU Credit Union

Summer 2015
RETURNING TO CAMPUS
In April, we announced our plans to build a new Welcome Center facility on the campus
of Utah State University. While the official name of the building has yet to be determined,
the 13,000 square foot building will include a USU Credit Union branch office to serve our
faculty, staff, visitors, and student members on the campus of Utah State University. Our
vision for this branch is to bring the functionality of high-tech along with the full service
and personal attention our members appreciate.
We could not be more excited about this project. It represents a return of the Credit Union
to our origins on the campus of Utah State University. USU Credit Union was literally
born in the halls of Utah State University in 1957 and operated for a time in a small office
in Old Main and on campus until 1976. Now, after almost 40 years, we will be returning
to campus, allowing us to more fully honor the original vision of Credit Union founders,
Vernon Israelson and Evan Murray.
We think this is a win-win-win. It is a win for our members who live and work on campus, bringing a full array of
affordable Credit Union services closer to them. It is a win for the Credit Union itself as we secure a long-term
campus residence to grow our membership among new students, faculty, and staff.
Finally, it is a win for the University as they gain a new home for Alumni and Advancement operations, along with
a Welcome Center that will welcome alumni and new and prospective students to campus. Such a facility where
visitors can be greeted and learn about our history and unique value is long overdue and much deserved for our
Logan campus. We intend to design and equip the Welcome Center to be multi-functional and welcoming for
campus groups and visitors alike.
University administration has been innovative and forward-thinking in putting this together. We are grateful to
be working with such a bright and talented team. Additionally, this project could not have happened without
the vision of Kerry Wahlen, Goldenwest CEO, and our strategic partnership with Goldenwest Credit Union. We
are working on several other innovative products and services to serve you and our entire USU Community. Our
future has never been more bright.
Construction on the Welcome Center will begin this summer and completion scheduled for the spring of 2016.
David Butterfield
USU Credit Union Division President
2015 ELECTION
BOARD RESULTS
Goldenwest members, employees and volunteers attended the 79th Annual Business Meeting
on Tuesday, April 14, 2015 at the corporate headquarters in Ogden. The meeting included the
presentation of the Annual Report, which is available for all members to view and download on the
credit union’s website.
Reports regarding the state of the credit union were delivered to the membership by Chairman Bill Hart,
President/CEO Kerry Wahlen, and Supervisory Committee Chair Ron Gebhardt. All presenters reported
the credit union had experienced a successful year in 2014, with assets remaining safe and secure.
The report presented by Governance Committee Chairman Stoney Wayment stated that Bill Hart
and Jeanette Smyth had been re-elected to serve as Directors of Goldenwest Credit Union, each
for a three-year term.
Following the Annual Meeting, the Board members held a private session during which they elected
Bill Hart as Chairman, Steve Carroll as Vice-Chairman, and Stoney Wayment as Secretary for the
next 12 months.
Bill Hart
Chairman
Steve Carroll
Vice-Chairman
Stoney Wayment
Secretary
Jeanette Smyth
Director
USU
ALUMNI
GOLF
TOURNAMENT
August 31, 2015
Ogden Golf and Country Club
Shotgun Start: 8 am
Awards: 1 pm
Registration and more information
can be found at usu.edu/alumni
Registration Deadline is August 1st
All proceeds benefit the USU Alumni student scholarship program.
Presented by
THE RIGHT INCOME PLAN FOR YOUR RETIREMENT
Content developed by CUNA Brokerage Services, provided by Tyler Holbrook & Ryan Gorham
For many Americans, their retirement plan is primarily
focused on saving and growing as much income as
possible by the time they retire. Ask them about their
plans once they retire and you will hear dreams of travel,
family, or their “next” career. However, you seldom hear
about their retirement income plan.
It is important to build a retirement income plan that will
allow you to turn your many years of savings into a reliable
and sustainable paycheck throughout your retirement.
There are several factors to consider when building your
retirement income plan:
Choose the Right Age to Start Taking Your Social
Security Income
It is important to ensure that you are maximizing your
Social Security benefit by choosing the right age to
start your benefits based on your employment, health,
and income needs.
Diversify Your Taxes
The three most common tax treatments are; taxable, tax
deferred and tax free accounts. Since tax laws and rates
are likely to change during retirement, it can be prudent
to establish multiple retirement income sources with
varied tax treatments.
Determine a Realistic Withdrawal Rate
One of the key questions that you need to ask yourself
is “How much can I take from my retirement accounts?”
As a general rule, you can withdraw 3% to 5% every year
without undue concerns about running out of money.*
Take Advantage of New Resources
As millions of baby boomers begin to enter retirement,
there are more resources than ever before to help
you build your retirement income plan. To better
understand and evaluate these resources, contact
your Financial Advisor. Together, you can develop
a retirement income strategy that can support all of
your retirement goals and dreams.
Tyler Holbrook
Ryan Gorham
Financial Services
Financial Services
801-337-8340
South Ogden Office
801-786-8458
Layton Office
Tyler Holbrook and Ryan Gorham are Financial
Advisors with MEMBERS Financial Services located
at Goldenwest Federal Credit Union.
Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC , a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly,
Iowa 50677, toll-free 800-369-2862. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract
with the financial institution, through the financial services program, to make securities available to members.
This material was prepared by MarketingLibrary.Net Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information should not be construed as investment, tax or legal advice. All information is
believed to be from reliable sources; however, we make no representation as to its completeness or accuracy.
MOBILE BANKING
APP UPDATE
New Features
Quick Balance
•
• Touch ID
COLORING CONTEST
WINNERS
• Apple Pay Set-Up
• Running Balances
Current Features
Congratulations to our winners of the Kids
Club Summer Coloring Contest. Each winner
will receive a $25 deposit into his or her USU
Credit Union Kids Club savings account.
0–4
5–8
9–12
• Enhanced Budgeting Tools
Natalie L.
Hadley Y.
Amber B.
•
View Account Balances
•
View Rates
•
Transfer Funds
•
View Special Offers
•
Pay Bill
•
Locate Branches/ATMs
•
View Transaction History
•
Mobile Deposit
•
View Pending Balances
•
Peer-to-Peer Payments
Print the next coloring page and learn more
about USU Credit Union’s Kids Club at
usucu.org.
USU Credit Union Information
Make your home
more energy
efficient with an
Energy-Efficient
Home Equity Line
of Credit
BOARD OF DIRECTORS
Bill Hart, Chair
Steve Carroll, Vice Chair
Stoney Wayment, Secretary
usucu.mobi
Jeanette Smyth
Karen Kagie
Dan Musgrave
435-753-4080 or 800-248-6361
Tad Neuenswander
Brandon Hendrickson
SUPERVISORY COMMITTEE
Ron Gebhardt, Chair
Karen Kagie, Board Liaison
Learn more at usucu.org
usucu.org
Noé Vázquez
Richard Marker
Mike Liptrot
youtube.com/goldenwestcu
Follow CEO Kerry Wahlen
@goldenwestcuceo
@usucreditunion
USU Credit Union
GOLDENWEST CORPORATE OFFICE
5025 Adams Ave, Ogden, UT 84403
PO Box 1111, Ogden, UT 84402
facebook.com/usucreditunion
goldenwestcu
USU CREDIT UNION MAIN OFFICE
198 N Main, Logan, UT 84321
PO Box 446, Logan, UT 84323
gwcu.org/presidents-blog