JAFCU June Newsletter.indd

Phone Extensions
For help settling unresolved credit union
problems, contact any member of the JAFCU’s
Supervisory Committee.
Receptionist .....................................ext. 221
Collateral Protection Insurance ..........ext. 225
Ray Palmertree
Rosilind Longino
David Setzer
IRA’s ...............................................ext. 253
VISA Card Inquiries .........................ext. 251
601-594-2781
601-960-1479
601-960-8787
Disability Claims ..............................ext. 228
Student Loans ..................................ext. 224
Dividends as of May 31, 2006
Home Equity Loans ..........................ext. 229
Regular Shares
Club Account
IRA Shares
Collections........................ext.(s) 235 or 240
Wire Transfers...................ext.(s) 253 or 231
Loan Applications ............. ext.(s) 225 or 226
Member Payroll ...............................ext. 231
Member Service .............. ext.(s) 227, or 228
We are sometimes busy assisting other members either in
the office or on the other line, so please leave us a voice
message and we will return your call in a timely manner.
Remember, account information is available 24 hours
a day, 7 days a week through TOTAL TELLER, just call
1-800-582-8255.
Come by or call us for a FREE Total Teller Quick Guide
to sign up for 24 hour access & a Total Teller Easy Guide
as a quick pocket reference and sub-account codes.
1.25 % APY*
0.75 % APY*
1.75 % APY*
Term Share Certificates dividend yields and terms vary.
Call for details.
*Annual
monthly.
balance.
balances
Your savings federally insured to $100,000
NCUA
National Credit Union Administration,
a U.S. Government Agency
NOTICE
Member Matter$ is an official publication
of the Jackson Area Federal Credit Union. This
newsletter serves as an official notice to the credit
union membership for all matters contained within.
Percentage Yield. All rates provided are subject to change
Annual percentage yield may vary according to actual account
Regular Share and Club Accounts Dividends paid on average daily
of $100.00 or more.
Calendar of Events
July, 2006 - October, 2006
Tuesday
July 4
CU CLOSED
In observance of Independence Day
Wednesday
July 19
CU Opens at 9:30 a.m.
Wednesday
August 16
CU Opens at 9:30 a.m.
Monday
September 4
CU CLOSED
In observance of Labor Day
Wednesday
September 20
Monday
October 9
CU CLOSED
In observance of Columbus Day
Certificate of Exceptional Service
CU SERVICE CENTERS recognized the JAFCU Teller Department for earning a
score of 100% on the Secret Shopper Program 2006. Now you can walk into
more than 2100 Credit Union Service Center locations across the U.S. and conduct
business on your JAFCU accounts!
Congratulations to Teller Row for outstanding
member service and beyond!
CU Opens at 9:30 a.m.
Member Matters
Quarterly Newsletter for the Members of the Jackson Area Federal Credit Union
Updated Notice
to Membership
See page 3 for details...
Office Location
5675 Highway 18 West
Jackson, Mississippi
Office Hours
8:30 a.m. - 5:00 p.m.
Monday - Friday
July, 2006
Buy NOW
Pay LATER
LOAN SPECIAL
No Payment for 90 Days!
Drive-Thru Hours
8:30 a.m. - 5:00 p.m.
Monday - Thursday
With our Buy NOW! Pay LATER! loan special, members who get a new or used vehicle, boat,
RV, etc. loan (excluding real estate loans) at JAFCU during the months of July and August can defer
the first payment for 90 days.*
8:30 a.m. - 6:00 p.m.
Friday Only
Everyone can use a little extra cash this time of the year. This would also be a great opportunity
for YOU to refinance YOUR loan from other financial institutions.
Mailing Address
*Interest accrues during time of deferred payments and is still due and payable and not waived.
Normal loan payments will be due as scheduled 90 days from the date of loan origination. NO
refinancing of existing JAFCU loans. Rates subject to credit approval. Please call your Credit Union
for complete details.
P.O. Box 1403
Jackson, MS
39215-1403
601-922-7055
1-800-273-5186
Ext. #225, 226 or 224
You can even apply online at www.jacksonareafcu.com
ATM at Main Office
Web Address
www.jacksonareafcu.com
Phone Numbers
Office:
601-922-7055
Toll Free:
1-800-273-5186
“Total Teller”
24 Hour Account Access
1-800-582-8255
Shared Branching Services
Look for the swirl!
Free online fraud education:
Identity Theft, Check Fraud, Credit Card Fraud and more...
As an added value to our relationship with you our members,
JAFCU in partnership with Liberty is proud to introduce new
online fraud-deterrent modules. These FREE online education
modules help to raise the level of awareness about fraud-related issues and offer tips on how you can protect yourselves. For
example, the education modules outline several types of fraudulent behavior — including
identity theft, check and credit card fraud, and consumer scams — and detail safeguards
to protect against them.
Educate Yourself – It's FREE!
www.jacksonareafcu.com
Click on our links page, then the Liberty icon
(Left to Right) Jeannette, Heather, Wayne, Diane, Tina, and Meka.
Serving Our Members for over 50 Years!
Services
Share Accounts
Share Draft (Checking Account)
Check/Debit Card
Online Banking
Payroll Deduction
Direct Deposit
boom! Youth Program
Auto, Boat, & RV Loans
Home Equity LOC Loans
Second Mortgage Loans
First Mortgage Loans
Motorcycle & 4 Wheeler Loans
Tractor Loans
Savings Secured Loans
CD Secured Loans
Student Loans
PLUS Loans
Signature Loans
Personal Line of Credit Loans
VISA Credit Cards
Share Certificates
Individual Retirement Accounts
Christmas Club
VIP Club
IRA Club
ATM Card
Money Orders
Wire Transfers
Travelers Cheques
Cashier Checks
NADA Car Book Quotes
24 Hour Voice Response
Drive-Thru Service
Night Depository
Safe Deposit Boxes
Notary Public Services
Family Member Accounts
Extended Auto Warranty
Lifetime Membership
Web Site
Credit Union Statistics
as of May 31, 2006
Members .................. 11,486
Loans............... $19,935,557
Shares ............. $35,371,658
Assets .............. $40,719,662
On the RUN??
Make your life a little less
hectic and sign up for all of
these convenient services
at your credit union.
HOME BANKING
Get information about all of your JAFCU accounts including history, view your statements, as well as
balances right off your own computer. Our home banking is a great new service!
TOTAL TELLER’S AUDIO RESPONSE
Available 24/7 from any touch-tone phone, audio response lets you transfer your loan payment, know
the amount of your direct deposit, see if a check has cleared, request a check, check your balance and
more.
PRE-APPROVALS OF NEW AND USED VEHICLE LOANS AVAILABLE
Know how much you can borrow and have peace of mind before shopping for your new or used
vehicle.
ATM CARD
The ease of using an ATM card is a great benefit. Jackson Area FCU offers an ATM card that allows
you to access your Share Account (Savings). You can also make deposits and inquire on your account
balances. For a listing of “Free” ATMs, click on the ‘CU24’ icon on our links page! Get your ATM
card today!
PAYROLL DEDUCTION/DIRECT DEPOSIT
Two of the greatest advantages of credit union membership are Direct Deposit and Payroll Deduction.
Payroll Deduction enables you to deduct any amount from your paycheck to be sent directly to your
account at the Credit Union before you receive your check. You can also avoid the regular chore of
cashing your check by using Direct Deposit. Direct Deposit is a simple and convenient method of having
your ENTIRE paycheck deposited directly into your account at the Credit Union. Start Payroll Deduction
or Direct Deposit today!
VISA CHECK/DEBIT CARD
Our new VISA Check/Debit Card works just like writing a check, minus the hassle and time! You can
use the card at any merchant that accepts Visa (that’s more than 12 million locations). Using the card
is simple. When you’re ready to make a purchase, just hand it to the merchant or swipe it through the
scanner at the sales counter and select credit. Your purchase will be deducted electronically from your
Jackson Area Federal Credit Union checking account. And, you’ll be given a receipt to assist you with
balancing your checkbook. Remember, debit transactions are the same as cash!
SHARED BRANCHING SERVICE CENTERS
Now you can walk into more than 2100 Credit Union Service Center locations across the U.S. and
conduct business on your JAFCU accounts!! The following is a list of Mississippi locations:
American Savings
Chevron FCU
Fort Financial FCU
HealthNet FCU
Jackson Area FCU
Magnolia FCU
MS Postal FCU
Members Exchange
MS Telco FCU
McComb FCU
Statewide FCU
Southern Security
USM FCU
Robinsonville
Pascagoula
Corinth
Southhaven
Jackson
Brandon (Castlewoods) and Jackson
Jackson
Clinton, Pearl and Ridgeland
Pearl
McComb
Flowood and Starkville
Pontotoc
Hattiesburg
NOTICE TO MEMBERSHIP
This is an official notice that effective August 1, 2006 the following fees will be implemented at Jackson Area Federal Credit Union:
All Accounts:
Returned deposited item fee
NSF check or ACH fee
Stop payment fee
Statement photocopy/history printout
Account research (one hr. minimum)
Bad address fee
Official Check fee
Replacement ATM/Debit card
PIN Replacement for ATM/Debit card
Check cashing fee (unless member has $500.00
on deposit or a loan with the Credit Union)
Affidavit processing fee
Card abuse fee
Verification of deposit fee
*Account inquiry fee
Real Estate Appraisal Copy
Regular Share Accounts (Savings):
Inactive fee (for accounts less than $100.00 &
no activity in 6 months)
Dormant account fee (for accounts greater than
$100.00 & no activity in 12 months)
Close account fee (if member closes account
within 90 days of opening)
Re-open account fee (if member wants to re-open
account within 6 months of closing)
ATM transaction fee (foreign machine)
Excessive withdrawal fee (after 2 teller
withdrawals per month)
$5.00
$25.00/ea
$25.00/ea
$3.00
$10.00/hr
$10.00
$5.00
$10.00/ea
$5.00/ea
$5.00
$20.00
$15.00
$5.00
$5.00
$50.00
$25.00
$25.00/month
$25.00
$15.00
$1.00
Share Draft Accounts (Checking)
NSF fee for share drafts
Share draft stop payment fee
Share draft photocopy fee
Share draft reconciliation fee
Share overdraft transfer fee
NSF for automated payments
Check printing fee (varies according to style
and quantity)
General Fees:
Money Orders
Wire Transfer
Incoming
Outgoing
Travelers‘ Cheques
Title fee
Christmas Club (per withdrawal)
Withdrawals will be allowed for Christmas
Club accounts during the year without
the account being closed.
Safe Deposit Box Rental (annual fee)
3X5
3 X 10
5 X 10
Safe Deposit Box Drilling & Replacement Keys
$25.00/ea
$25.00/ea
$3.00
$10.00/hr
$3.00/ea
$25.00
$1.50/ea
$5.00/ea
$15.00/ea
$1.00 per $100.00
$4.00/ea
$5.00/ea
$20.00
$35.00
$50.00
$85.00
$5.00
*Due to increased account fraud & identity theft, Jackson Area FCU will not provide account information “live” via the telephone that can be obtained via secure automated
account service total teller or home banking. Jackson Area Federal Credit Union does not solicit personal and/or private information via e-mail. If you have any activity on
your account (deposits, withdrawals, loans, or certificates) within a 12 month period, there will be No Activity Fee charged to your account of $100.00 or more.
ANNUALCREDITREPORT.COM
The official site to help consumers obtain their free credit report
Or you may call 1-877-322-8228
I
t’s probably hard for some of us to believe, but the year is almost
half-way over. In the beginning of the year, some of you may
have made resolutions to eat better and exercise more. And for
some of you leading a healthier lifestyle included boosting your
credit health. Have you stuck to those resolutions? Now’s a good
time to take a look at your credit and financial goals. Consider the
following tips when you’re looking at your credit health:
• Actively monitor your credit score. Purchasing a home, paying
off a loan and opening new credit card accounts can all affect your
credit score. Managing your score throughout the year means you’ll
know your financial position and what interest rates to expect when
it comes time to apply for a loan.
• Check your credit report from all three of the major credit reporting agencies on a regular basis. Correct errors on your report and
carefully check each account to ensure that it was, in fact, you who
opened the account.
Reviewing your credit
file regularly could
not only help you
manage your credit
score, but it could
help you detect identity theft which often goes unnoticed for months. It also means that
you know exactly what’s on your credit report—so there won’t be
any unexpected surprises when it comes time to open a line of credit
or apply for a loan.
• Pay down debt. This probably sounds obvious, but many of us
try to put this off until later. Paying down some of your debt now
means you’ll pay less in interest which could save you money over
the course of the year.
You are allowed to request a free credit report once every 12 months from each of the nationwide consumer credit reporting companies:
Equifax, Experian and TransUnion.