July 2013 Issue - Clinchfield Federal Credit Union

CLINCHFIELD FEDERAL CREDIT UNION
QUARTERLY NEWSLETTER JULY 2013
REFINANCE A NON-CFCU LOAN WITH US AND SAVE!
Store Credit Card
CFCU Signature Loan
$5,000 Balance
$5,000 Balance
OR
21% APR*
7.75% APR*
***************************************************************
Approximate Payment:
Approximate Payment:
$135/month for 60 months
(with no new charges made)
OR
Total Interest paid $3,132
$100/month for 60 months
Total Interest Paid $1,052
*APR=Annual Percentage Rate. Rate and terms available on new loans only. Refinancing
of CFCU loans does not qualify. Rate based on credit history. Certain restrictions apply.
SAVINGS TO YOU BY
SWITCHING TO US:
$2,081
CLINCHFIELD FEDERAL CREDIT UNION
July 2013
www.clinchfieldcu.com
Hello from the CEO
Dear CFCU Member,
Do you remember the song “Let the Sunshine In”? I can remember
singing it with my Granny Barnett when I was a little girl. I believe the next
lines were: Face it with a grin, smilers never lose and frowners never win. So
let the sunshine in, face it with a grin, open up your heart & let the sunshine in!
With our summer promotion we are trying to bring a smile to your face
and make you a winner. You should smile because we have excellent rates and
you will be a winner because we are here to take care of your financial needs
and will work with you through thick and thin!
Recently I was talking with a member that moved their loan to another
financial institution for a lower rate. She said she asked the person processing
the loan how they could offer such a ridiculously low rate for the excessive
term for payback. The answer she was given was, “We aren’t making ANY
money on your loan; we just hope you will move your checking account to us
and overdraft so that we can make overdraft fees off of you.” Wow, how horrible!
We would never encourage our members to overdraft just so we could
have the income. Our goal at Clinchfield is to show you how to spend your
money wisely. We want a lifetime membership with you and will sit down at
any time and counsel you on how to save, borrow and make the most of your
money.
Most of us can use extra money in the summertime so we are offering
no loan payment on new loans for 90 days! The extra money can be used for
vacation (smiling on the beach), home fix-it projects (my favorite), or school
expenses for children (smiling because they are going to back to school!)
Something else to smile about is how well Jenny Morefield is doing
after her recent surgery. Jenny is still not back at work but she is healing
nicely and we are in constant contact with her. We miss her greatly and look
forward to good health for her and getting her back at work.
Prayers have also been answered for our Supervisory Committee
Chairman, Bob Likens, through his recent surgery. I told him, “You can’t
keep a good man down” and apparently he listened!
Congratulations to our Little League Team! Coach David Hatcher said
they had an excellent season and a great group of young men that worked hard
and ended up in first place with NO LOSSES! Talk about something to smile
about!
Congratulations also to the Lady Devils on their excellent season, 36
Wins/7 Losses/2 Tied. They placed 5th in the state and broke the state team
homerun record with 61 homeruns and Tiffany Laughren
broke the individual record with 23 homeruns and Taylor
Wright is close behind in third place. The team is second in
the nation for homeruns and Tiffany is fourth! More
smiles!
Special Note to Granddaughter Carly….
You ARE my sunshine and you make me smile all the
time! Thanks for teaching me what to do when the team
lost at the state tournament!
Sandy
Page 2
Employees
Sandy Lingerfelt, CEO
Rick Phillips, Executive Vice President
Amy Banks, SVP of Operations
Allison Anderson, SVP of Marketing & IT
Lou Hatfield, VP of Lending
Jenny Morefield, VP of Collections
Erica Nicholson, VP of Compliance
Julie Bradford, Administrative Assistant
Mimi Van Dyke, Mortgage Loan Officer
Missy Wainwright, Loan Officer
Alexis Gambrell, Loan Officer
Deanna Oaks, Loan Officer
Lisa Hatcher, ACH/EFT Coordinator
Amy Hensley, Sr. MSR
Vickie Chambers, Head Teller
Sarah Hyder, MSR
Rhonda Bradley, MSR
April Simmons, MSR
Jessica Grindstaff, MSR
Kimberly Lopez, MSR
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
Robert Likens, Chairman
Clarence Bailey, Committee Member
Paul Berry, Committee Member
Tim Whitson, Committee Member
Glenn Tilson, Committee Member
HOLIDAY CLOSINGS
THURSDAY, July 4th
Independence Day
MONDAY, Sept 2nd
Labor Day
July 2013
CLINCHFIELD www.clinchfieldcu.com
FEDERAL CREDIT UNION
Page 3
Dream Vacations!
Boats & Jet Skis & Motorcycles & RV’s?
Landscaping ...Grills...Swimming Pools!
Lawn Furniture & Gazebos?
The Summer List Goes On and On!
We Can Take The Heat Off!
Some restrictions apply. Interest rates based on member’s credit
history. Mortgage loans excluded.
Please see the loan department for details.
Congratulations on a
Fantastic & Undefeated
Season!
Our 2013 Clinchfield Federal
Credit Union
1st Place
Little League
Team!
DROP YOUR CANS OFF IN THIS
‘RELAY FOR LIFE’ TRAILER IN
OUR CREDIT UNION PARKING
LOT! EVERYTHING
COLLECTED WILL GO
DIRECTLY TO
RELAY FOR LIFE!
FRIDAY, JULY 26
3:00 - 6:30 PM
1038 N. Main Ave., Erwin, TN 37650
www.clinchfieldcu.com
Ph: (423) 743-9192 Fax: (423) 743-6156
Hours: Mon-Fri 8:15 A.M. - 4:30 P.M.
Drive-Thru open on Friday until 6:00 P.M.
VIRTUAL BRANCH
ONLINE BANKING:
www.clinchfieldcu.com
CLINCHFIELD CONNECTION
VOICE RESPONSE:
(800) 724-7442
Verify Your Credit Union Membership
to Keep Saving with Sprint
Clinchfield Federal Credit Union is pleased to offer
monthly wireless discounts to our members with the
Sprint Credit Union Member Discount. If you’re already
enjoying the savings from this Invest in America program we want to make sure you can continue to do so.
Periodically, Sprint needs participants to verify eligibility
so they can receive the discount and waived activation
fees. If you’re planning on signing up for the Sprint
Credit Union Member Discount, you’ll need to verify
eligibility as well.
New Sprint Customers: You need to verify membership within 30 days of activation.
Current Sprint Customers: You need to provide proof
of discount eligibility (credit union membership) when
you upgrade your device if it has been 20 or more
months since you were last validated.
The verification process is easy and only takes a few
minutes to complete. Verification will make sure you’ll
continue to receive the great benefits and exclusive
savings that Sprint offers. There are two ways to validate your credit union membership: Scan the QR code
on this page to get the free Invest in America app for
Android and iPhone; or find the verification form at
mysprint.sprint.com/verify
Members can now verify credit union membership using
the Invest in America app with its simple and secure
verification process. And it takes just a few minutes to
complete. iPhone users can find it at the Apple App
Store while Android users can find the app in the Android Market – just search for “Invest in America.” This
app also lists all other Invest in America discounts.
Please take the time to download the free Invest in
America Sprint Verification app, try it for yourself and
see just how simple it is to use it so you can keep saving with the Sprint Credit Union Member Discount.
Scan to get the IIA app
The Clinchfield Railroad Retired Employees will
be meeting for breakfast at Maple Grove
Restaurant (I-26 Exit 32 in Unicoi) at 9:00 AM
on the following dates in 2013:
July 4th - Aug 1st - Sept 5th
Oct 3rd - Nov 7th - Dec 5th
Sign up for e-Statements
on your Online Banking!