Access Granted: Mobile HEWFCU - Democracy Federal Credit

Contact Us
Mailing Address
P.O. Box 25516
Alexandria, VA 22313-5516
Executive Office
400 N. Columbus Street
Suite 300
Alexandria, VA 22314
Phone: 202.488.5400
Toll-Free: 800.742.5582
Fax:
703.299.3015
Exceeding Expectations Every Time!
Main Branch
200 Independence Avenue, SW
2nd Floor
Washington, DC 20201
Phone: 202.488.5400
Toll-Free: 800.742.5582
Fax:
202.488.5476
Skyline Branch
5107 Leesburg Pike
1st Floor
Falls Church, VA 22041
Phone: 202.488.5400
Fax:
703.605.8301
Philadelphia Branch
Silver Hill Branch
Penn Station Shopping Center
5746 Silver Hill Road
District Heights, MD 20747
Phone: 202.488.5400
Fax:
301.568.0461
BUSINESS HOURS
Mon.-Fri.: 9:30 a.m. to 3:30 p.m.
300 Spring Garden Street
2nd Floor
Philadelphia, PA 19123
Toll-Free: 800.742.5582 | Ext: 7098
Thurs.-Fri.: 9:00 a.m. to 1:00 p.m.
VISA® Card Service
Phone Numbers
First Quarter
2011
Customer Service: 800.654.7728
ATM/Debit Cards
Lost or Stolen: 888.918.7824
Activation: 866.985.2273
Credit Cards
To Report Fraud: 888.918.7313
Activation: 800.527.7728
DELUXE CHECK ORDER
New$ line
Providing Sound Financial Information for Members of HEW Federal Credit Union
Toll-Free: 877.838.5287
Online: http://checkorder.deluxe.com
Personal Access Line (PAL)
202.488.5400
800.742.5582
HEW Federal Credit Union Enters
Its 75th Year of Service
Silver Hill BRANCH HOURS
Written by Joe Goodpasture
Tue.-Thurs.: 9:00 a.m. to 6:00 p.m.
Fri.:
9:00 a.m. to 7:00 p.m.
Sat.:
9:00 a.m. to 2:00 p.m.
When it was founded nearly 75 years ago, HEW
Federal Credit Union was operated by a group of
volunteers. Today, the credit union has more than 60
full-time employees and holds nearly $150 million in
assets and $80 million in loans.
BRANCH CLOSINGS: F or all branch closings and adjusted hours,
please visit www.hewfcu.com
and click on “Branch Closings.”
This growth has come about because HEW
Federal Credit Union, as a member-owned, notfor-profit financial cooperative, is committed to its
members. The Credit Union will continue to treat
all members with respect and dignity and offer
honest, fair service to all members at all times.
Paper Statement Fee Change
Effective March 1, 2011, the fee for quarterly and
monthly paper statements will increase to $2.00 per
statement mailed.
Access Granted:
Mobile HEWFCU
HEW Federal Credit Union now fits in your pocket!
Our Mobile HEWFCU service allows you to access
your account by mobile phone. So if you are on
the go and need to check your balance or transfer
funds between accounts, you are able to do so by
using the user-friendly mobile web
browser or text messages. Enroll for
Mobile HEWFCU today by visiting
www.hewfcu.com and clicking
on “Convenience Services,” then
“Mobile HEWFCU”.
Must be a member of HEWFCU for 90 days to use
service. A data plan and/or text messaging plan is
recommended. Members are responsible for any
charges associated with data usage and/or text
messaging. Refer to your phone carrier for more
information.
contents
75 Years 1
From the Boardroom 2
Hall of Fame 2
Historic Image 2
A Special Thanks 2
Key to Success 3
Helping Hand 3
Word Search 3
Paper Statements 4
4
Mobile HEWFCU 4
HEW Federal Credit Union received its charter
and began operations on May 26, 1936, only
two years after passage of the historic Federal
Credit Union Act. The charter was issued
originally in the name of Social Security
Employees Federal Credit Union. The name
was changed to FSA Employees Federal
Credit Union in 1946 and, eventually, to
HEW Employees Federal Credit Union in
1955. In 1984, ‘Employee’ was deleted
and the name changed to HEW Federal
Credit Union.
Initially, membership was limited to
employees of the Social Security Board
in Washington, D.C. and their immediate
families. Numerous government
reorganizations and subsequent
amendments to its charter over the
years have brought the Credit Union to
its current field of membership, which
serves primarily the employees of the
Departments of Health and Human
Resources (formerly HEW) and
Education, and their families.
It took 36 years for the Credit Union
to reach its first $10 million in assets
and a membership of 12,000.
When the Credit Union celebrated its 50th Anniversary
in 1986 – just 14 years later – assets had jumped to $39
million, an increase of nearly 300%. HEWFCU surpassed
the $100 million mark in assets in 2001 and, as of June,
2010, the Credit Union serves approximately 20,000
members and holds assets of $150 million.
Growth since 1990 has been aided by a number of
significant mergers: Columbia Hospital for Women
Employees FCU, Queen of Peace DC FCU, Metropolitan
Baptist Church FCU, and HUM Federal Credit Union.
HEWFCU began offering checking accounts and credit
cards in the 1980s, and online banking and debit cards
in the late 1990s.
Executive offices for the Credit Union are located at 400
N. Columbus Street in Alexandria. The main office is in
the Hubert Humphrey Building at 200 Independence
Ave. in Washington, and branch offices are located in
Falls Church, Virginia, and District Heights, Maryland. A
part-time Service Center is located in Philadelphia and
a mobile branch was launched in 2009.
Employees of HEWFCU are active in a variety of
community activities, including Martha’s Table, Suitland
High School Canned Food Drive, Martin Luther King, Jr.
Memorial, Arlington Partnership for Affordable Housing
and the Annual Credit Union Cherry Blossom Run.
Going forward, HEW Federal Credit Union plans to
continue providing products and services that suit the
needs of its target markets within the Washington, D.C.
metropolitan area, including individuals who live, work,
worship, attend school or regularly conduct business
in D.C., the City of Alexandria, and areas of Arlington,
Fairfax, Prince George’s and Montgomery Counties.
1
From The Boardroom
2011 will mark the 75th
Anniversary of HEW Federal
Credit Union. Reaching such
a milestone is something that
I do not take lightly, as it is a
testament of the fortitude of this
financial cooperative. For over
seven decades, the members
of this organization have been
able to pool funds together for
the financial betterment of the
body, while weathering changes
in the economic tide. Through
HEW Federal Credit Union’s Chairman
of the Board Inducted into CUES 2010
Volunteer Hall of Fame
Patricia J. Ellis, Chairman of the Board for HEW Federal
Credit Union, was inducted into the Credit Union
Executives Society (CUES) Volunteer Hall of Fame at
the CUES Chairmans Conference in Phoenix, Arizona on
Sunday, December 5, 2010. CUES describes the Hall of
Fame Induction as an honor that “ensures outstanding
chairmans are always remembered. CUES is pleased
to recognize these individuals who have shown
dedication to self-development, encouragement of full board development, and have
provided ideas for advancement of all credit union boards.”
Savings: Your Key to Success
HEWFCU Lends a Helping Hand
Do it now. Even without a specific goal, saving immediately
will make you feel good. Have debt? Put a little aside
anyway. Acquiring a savings habit as soon as possible is
critical. By setting a little aside each month while aggressively
paying down your obligations, you will graduate into being
debt free with a happy little nest egg in place. And in the
event of an emergency you won’t have to touch the credit
cards and feel like you’re driving in reverse.
When you are in need of a loan, HEWFCU is here to provide you
with the specific product that will help you accomplish your goal.
Whether you need additional funds to purchase a new vehicle
or home, or a number of other reasons, make us your primary
lender. We have knowledgeable staff members who will walk you
through the process and give you the peace of mind that you
need. We also have an online application that is available on our
website. HEWFCU prides itself on trust, so trust that we will do all
that we can to offer you a loan product that not only meets, but
exceeds, your expectations.
We offer the following types of loans:
This year’s CUES Volunteer Hall of Fame inductees are: · Signature/Personal
· Patricia J. Ellis, Chairman of the Board, HEW Federal Credit Union - Washington, D.C.
· Mortgage and Home Equity
· J oseph E. Toochin, Ex-Officio Chairman and Chairman, United Nations Federal Credit
Union - Long Island City, NY
· Automobile
· George Whitfield, Chairman, Generations Federal Credit Union - San Antonio, TX
· Share and Share Certificate Secured
· Dale R. Whittaker, Chairman of the Board, Vantage West Credit Union - Tucson, AZ
· Line of Credit
For more information about the CUES Volunteer Hall of Fame,
visit www.cues.org/vhof.
· Visa® Credit Cards
name changes, expansions of
Contact us today to apply!
the field of membership, and
new regulations that continue
to course the direction of
financial institutions’ operations,
we have been able to remain
steadfast in our efforts to not
Set a goal. All achievable goals share the same four factors:
Historic Image of the Month
Account Booklet from 1938
Really want it - or you won’t be motivated
Know the price - so you know how much to save
only maintain, but to grow the
Set a time frame - and break it down into reasonable and
consistent deposits
credit union. You, as a member-
Be flexible - contribute less if you have to, but don’t give up
owner of HEWFCU, have played
Put it somewhere - How much you have, your time frame,
and personal risk tolerance will determine the best home for
your money. A few accounts you may consider are:
and continue to play a vital
role in this growth. It is you
Savings account - A great starter account. Interest and risk
are low and minimum deposit is small.
who makes it possible for us
to proudly look back over our
Money Market Account - This savings account pays slightly
better interest but may require a higher minimum balance.
history. It is also you who makes
it possible for us to look forward
Money Market Fund - A very secure mutual fund account.
Invested in high-quality, short-term investments. Higher
deposit, interest and risk.
to a promising future. This year
will undoubtedly be another
positive one for HEWFCU. We
have some special things in the
works just for you! Thank you for
being a faithful member of the
credit union as we work towards
another 75 great years of service.
HEW Federal Credit Union
would like to thank Calvin
Nophlin for his 16 years of service
to the Board of Directors!
Certificates of Deposit - Three-month to six-year
investment commitment, CDs offer higher and fixed
interest rates, but with a greater initial deposit and penalty
for early withdrawal.
75th Anniversary Word
Search Challenge
Let’s kick off this 75th Anniversary year with a fun challenge that can
put $75 dollars in your hands! Visit www.hewfcu.com or your local
branch to find our word search page. Simply complete it and return it
to a branch or mail it to us for your chance to win a Visa® Gift Card.*
*One entry per member. While supplies last.
For mid to long-term goals, you may opt for investment rather
than savings vehicles. After you’ve saved enough in one of
the above accounts, you can transfer your money to mutual
funds, bonds or individual stocks if you wish.
Impossible? Not at all. With careful planning, saving is the key
to successfully managing your money and getting everything
you want.
Source: BALANCE
2
3