April 2016 Issue - Clinchfield Federal Credit Union

CLINCHFIELD FEDERAL CREDIT UNION
QUARTERLY NEWSLETTER APRIL 2016
Trade for the
better rates,
stay for great
service!
Make no
payments
for 60 days!
You know us,
and we know
you, we’re
family!
Lower
your
payments!
No
application
fees!
Home Equity Line of Credit






CFCU pays up to $500 in closing costs
for lines of credit over $20K
1.99% locked in for 12 months
Interest may be tax deductible
10 year draw period
10 year payback period
Rate will return to prime plus as
published after the first 12 months or
when balance falls below $10K
Contact our Lending Department to take advantage of this fantastic opportunity for you to use the equity in your home.
You’ve earned it! Some Restrictions Apply.
April 2016
CLINCHFIELD FEDERAL CREDIT UNION
www.clinchfieldcu.com
Hello from the CEO
Dear CFCU Members,
Remember the old song they used to sing on Hee Haw, “If it weren’t for
bad news, I’d have no news at all”? It seems that’s all we are getting in the
Valley Beautiful. It breaks my heart that some of the hard working employees of
Regal Beloit will be without jobs in the next few months. Over the years, this plant
has prospered because of their dedication and hard work. Just like the railroad! It’s
hard to understand why things have to change.
We are committed to working with each and every one of our members the best
possible way we can when they have life changing things happen. It’s best if
members come in as soon as they know things are changing so we can come up with
a plan to help them. To me, that is why it is so important to do business with people
that you know and that are local and easy to reach.
Even though our community has suffered these horrible losses, I still believe it’s a
wonderful place to live and raise a family. I honestly think we will be blessed with
other job opportunities; I know a lot of people are working hard to make that happen!
Thanks to all that attended the Annual Meeting; we had a wonderful evening of
fun, laughter and fellowship. The Landmarks were great as usual and everyone
enjoyed David Browning in his role as “The Mayberry Deputy”. I think everyone left
with a smile on their face and enjoyed the evening!
Congratulations to Walter Harris, Frank Cooke and Mitch Manuel for winning the
election to serve another 3 year term on the Board of Directors. These gentlemen do
a great job for our credit union and I am proud to serve with them!
Congratulations to Reedie Griffith with five years’ service, Marsha Street with 10
years, Mimi Van Dyke with 20 years and Amy Banks with 25 years. Great employees
and co-workers!
Mr. Paul C. Monk was also recognized for his 35 years’ service on the Board of
Directors, 26 of them as Chairman. He was described as “dedicated, working for the
members and a ‘class act’!” It might have been mentioned, more than once, that he
also likes to eat!
We are still offering the HELOC promotion of 1.99% for the first year! This loan is
the best emergency loan, disaster recovery loan, send your child to college loan,
remodeling loan…..I could go on forever with what a great loan product it is and what
it can do for you…..be sure to check it out; especially at this rate!
We are promoting our new rewards Visa in many different ways! You really have
to have at least one major credit card; why not have one that has a reasonable rate,
rewards, and easy to reach help if needed? Of course, that
would be ours!
Prayers and best wishes for Vickie Chambers and hopes that
she will return to work soon after having surgery. We miss this
precious lady and wish good health for her!
Welcome to our newest employee, Miss Sarah Garland. She
did such a wonderful job as our student worker a few years ago
that we grabbed her up and hired her back as a Member Service
Rep.
Special notes to two of my favorite people, Paul C. Monk and Amy Banks. I have
had the privilege of working with Mr. Monk for 35 years and Amy for 25 years. They
are my “go to” people when I need to talk and need someone to listen. I trust and
respect them and feel honored and blessed to call them my friends!
Sandy
Page 2
Employees
Sandy Lingerfelt, CEO
Amy Banks, SVP of Operations
Allison Anderson, SVP of Marketing & IT
Clarissa Lane, CFO
Lou Hatfield, VP of Lending
Erica Nicholson, VP of Compliance
John McFadden, VP of Collections
Julie Bradford, Administrative Assistant
Mimi Van Dyke, Mortgage Loan Officer
Missy Wainwright, Loan Officer
Alexis Gambrell, Loan Officer
DeAnna Oaks, Loan Officer
Amy Hensley, Sr. Member Service
Lisa Hatcher, Card Services Rep.
Vickie Chambers, Sr. Member Service
Sarah Hyder, Member Service
April Simmons, Marketing Asst./New Accts.
Jessica Grindstaff, Member Service
Rachel Ray, Member Service
Sarah Garland, Member Service
Marsha Street, File Clerk
Kathy Charles, Receptionist
Reedie Griffith, Receptionist
Board of Directors
Paul C. Monk, Chairman
Wade Tilson, Vice-Chairman
Andrew Landers, Secretary
Sandy Lingerfelt, Treasurer
Todd Love, Board Member
Frank Cooke, Board Member
Mitch Manuel, Board Member
Walter Harris, Board Member
Jamie Miller, Board Member
Supervisory Committee
Clarence Bailey, Chairman
Glenn Tilson, Vice-Chairman
Paul Berry, Committee Mbr
Tim Whitson, Committee Mbr
W.R. “Bull” Phillips, Committee Mbr
IMPORTANT DATES
TO REMEMBER
Monday, May 30th
Closed for Memorial Day
Monday, July 4th
Closed for Independence Day
April 2016
CLINCHFIELD FEDERAL CREDIT UNION
Annual Meeting 2016
Page 3
Meet Mr. Paul C. Monk
Serving since 1981
CFCU has been honored
to have Mr. Monk serve
on the Board of Directors
for 35 years, 26 of those
as Chairman! He has
been married to Helen for
over 50 years; has 3
daughters (Diana, Karen
and Paula) and 5 grandchildren. Mr. Monk is
retired from Clinchfield
Railroad. He has served
as County Executive for
Unicoi Co., Chairman of
the School Board, and
was on the Board of
Directors for the NE TN
Investment Board. He
currently serves as a
deacon at Central Baptist Church, as an Election Commissioner, as Vice-Chairman of the CSX Railroad Credit Union
Association, and is a longtime member of the Erwin Kiwanis
Club. He was inducted in to the Tennessee Credit Union Hall
of Fame in 2012. We appreciate his dedication and hard work
for our credit union! We all love you, Mr. Monk!!!
VISA CREDIT CARDS
Take advantage of the new CFCU Visa
Program! For a limited time there are NO
balance transfer fees! Transfer those high
rate credit cards and put more money in
your pocket!
DEBIT CARD TIPS
Debit/ATM cards have daily withdrawal
and transaction limits to help protect you
from fraud losses.
Daily Withdrawal Limits:
Cash Withdrawals
$400.00
Point-of Sale
$1,000.00
Daily Transaction Limits:
PIN based transactions
5
Point-of-Sale transactions
17
These limits automatically reset with the
end of day processing, or can be manually
reset by a credit union employee during
regular business hours.
CHANGE MACHINE
If you haven’t been taking advantage of the
coin machine, come check it out! It's another FREE service for our members. Instantly
turn those coins into cash!
1038 N. Main Ave., Erwin, TN 37650
www.clinchfieldcu.com
Phone: (423) 743-9192 Fax: (423) 743-6156
Hours: Mon-Fri 8:15 AM - 4:30 PM
Drive-Thru open on Friday until 6:00 PM
VIRTUAL BRANCH
ONLINE BANKING
www.clinchfieldcu.com
CLINCHFIELD CONNECTION
VOICE RESPONSE
1-800-724-7442
UNICOI COUNTY HIGH SCHOOL
GREENHOUSE IS OPEN!
Mon-Fri 8:00 a.m. till 5:00 p.m.
Saturday 10:00 a.m. till 2:00 p.m.
CRR RETIREES BREAKFAST
The Clinchfield Railroad Retired
Employees will be meeting for
breakfast at Maple Grove Restaurant
at 9:00 a.m. on the first Thursday of
every month!