ast year was very tough on most of us economically. However, we

January 2010
2010
L
ast year was very tough on most of
us economically. However, we kept
the faith in spite of the circumstances.
The Board of Directors, my staff and I
wish you and your family the best in the
New Year.
Michael Davis
President & CEO
Why not apply and see if you qualify?
Lines of credit are as high as $10,000 and
balance transfers are allowed.
HOLIDAY CLOSINGS
Monday, January 18
Dr. Martin Luther King Jr. Day
♦
Monday, February 15
Presidents’ Day
Our automated services are always available
773.881.4770 or TOLL FREE ~ 888.927.6328
Recruiting – We Need YOU!
C
POECU has a very special relationship
with Enterprise auto sales, and
during the year they offer many special
sales on A-1, pre-owned vehicles. They
have over 120 makes and models at great
prices! Check them out and see us about
financing!
VISA® Credit Card
I
f you’re in possession of
any credit card, you’re
aware of the current and
escalating rates of interest being charged.
Your credit union is offering a VISA® credit
card with interest rates as low as 10.9%.
“People Helping People”
our credit union is in
need of volunteers to
serve on two committees—Supervisory and
Membership. Volunteers are “unpaid helpers.”
If you’re interested, send your resume to:
John L. Richardson, Board Chairman, CPOECU,
P.O. Box 7606, Chicago, IL 60680 or via email to:
[email protected].
Y
■ Must be a member in good standing and sound
financial condition
■ Must be able to meet insurance bonding
requirements
■ Must be willing to donate sufficient time to
required meetings
■ Must be willing to attend educational seminars
and training as required.
February 12, 1909
The National Association for the Advancement of Colored People (NAACP) was founded in NYC
Annual Meeting
ATTENTION!
M
ark your calendar! The 2010 annual
meeting will be held on Thursday,
March 11, 6:30 p.m., at the Beverly Woods
Banquet Hall, 11532 S. Western Avenue,
FREE parking. Come out and join with
other credit union members, directors and
committee volunteers. Don’t miss this
opportunity to learn more about your credit
union! See you there!
Effective February 1, 2010
SHARE DRAFT
STOP PAYMENT FEE
$35.00
Credit Reports
R
CPOECU Annual
Dinner Dance
O
nce again, the Chateau
BuSche’ will be the
backdrop for an evening of dining and
dancing, Saturday, March 20, 6:30 p.m. to
12:00 a.m. Due to limited ticket availability,
and to afford as many members as possible
the opportunity to attend, sale will be
limited to two (2) tickets per member. So
purchase your ticket(s) early! You MUST
have a ticket to attend!
▪ Beginning sale date ~ Friday, February 5th
▪ Available at Teller Windows ONLY
(Both Branches)
▪ No tickets sold at the door!
▪ Open seating
eminder . . . you have the option of
requesting a FREE credit report
annually. However, it may cost a small fee
to obtain your credit score. Check your
credit report on a regular basis to protect
yourself against identity theft and to make
sure there’s nothing on the report that you
didn’t initiate. Be sure to use the official
Web site, www.annualcreditreport.com, for
the federal program.
March 25, 1954
RCA first produced the color television
Celebrating C.U.
History
T
he first U.S. credit
union was created
in 1908 by immigrant
textile workers in
Manchester, N. H. Their 70-hour
workweeks didn’t provide benefits or job
security. They didn’t even have access to
credit, as workers of modest means were
widely believed to be untrustworthy. But
the credit union ethic that stresses service
rather than profit—a revolutionary concept
back then—proved to be as practical as it
was moral. And the U. S. credit union
movement began to grow.
Through the years, credit unions have
proven to be a safe haven in times of
national emergencies and an important
source of stability in the financial sector.
By remaining true to the cooperative ideal
and keeping the trust of our members, we’ll
look forward to many future celebrations.
Spread the Word!
I
n general, how satisfied are you with the
service provided by your credit union?
We welcome any comments as to how we
can improve our service or add any
additional service or new products. Direct
your comments or suggestions to Michael
Davis, President/CEO.
Start Preparing Now!
April 15, 2010 …
deadline for filing
your 2009 income tax
return. We strongly
suggest you consider DIRECT DEPOSIT if
your filing results in a refund. With DIRECT
DEPOSIT, there’s no need to worry about
whether your check will be lost or stolen,
and there’s no chance of it being delayed in
the mail. Contact Member Services for further
information.
A Penny to the Pile
Makes a Dollar After While
MOVIE TICKETS
Price Increase Effective 02/01/10
♦
SILVER ~ From $6.00 to $7.00
GOLD ~ From $7.50 to $8.50
T
he first of the year is a good time for you
to begin saving for your vacation or
even next Christmas. We have two accounts
designed specifically for those purposes.
Why not join our Vacation Club and/or our
Christmas Club today?
CHICAGO POST OFFICE
EMPLOYEES CREDIT UNION
Main Branch
Downtown
10027 S. Western
Chicago, IL 60643
(773) 881.2500
FAX: (773) 238.8791
433 W. Harrison ~ 2 Fl
Chicago, IL 60607
(312) 431.8945
FAX: (312) 431.8946
Monday & Tuesday
8:30 a.m. – 5:00 p.m.
Wednesday
CLOSED
Thursday & Friday
8:00 a.m. – 5:00 p.m.
Saturday
9:00 a.m. – 12 Noon
(Closed Sunday)
Monday & Tuesday
8:30 a.m. – 5:00 p.m.
Wednesday
CLOSED
Thursday & Friday
8:00 a.m. – 5:00 p.m.
(Closed Saturday
and Sunday)
Audio Response: (773) 881.4770
Toll Free: 1 (888) 9CPOECU
(927.6328)
LOAN RATES
Auto
100% financing available if qualified
New Vehicle Loan as low as 4.9%--max term 72 mos.
Used Vehicle Loan as low as 4.9%--max term 60 mos.
VISA Loans as low as 8.9%
CD Loan – 8.0%
Student Loan – as low as 6.90%
Unsecured Loan as low as 9.9%--max term 48 mos.
$2,000 “May-Day” Loan as low as 21.9%
max term 12 mos.
.
Dividend Rates
SAVINGS AS HIGH AS 1.25%
CLUB ACCOUNTS as high as 1.00%
CERTIFICATES & IRAS as high as 2.50%
MONEY MARKET ACCOUNTS as high as 2.00%
Rates subject to change without notice
Board of Directors
John L. Richardson, Chairman
Samuel Anderson, Vice Chairman
Charles E. May, Secretary
Beverly Spearman, Treasurer
Emelda Stephens
Barbara J. Singleton
Ervin Gardner
~ Movie Tickets ~
$7.00 – Silver
$8.50 - Gold
Supervisory Committee
Ronald R. Willis, Chairman
Judith R. Blake
Credit Committee
Hiola Alston, Chairperson
Abraham Lloyd, Secretary
Deatta Grant
Membership Committee
Stephanie Davis, Chairperson
Yvonne Dotson
Charles H. Jones
Michael Davis, President & CEO
Charles H. Jones, Editor
Report Lost/Stolen Debit Card
(704) 392.6971 or (800) 280.6971
♦
Report Lost/Stolen Visa® Card
(704) 392.3418 or (800) 808.7230