Newsletter 04-15.indd

MECO
PO Box 370
Hondo, TX 78861
www.mecofcu.coop
FEDERAL
CREDIT t UNION
Phone: 830-741-7269
Fax: 866-305-5591
Acct Access: 888-826-3718
Proudly serving members since 1960
2nd Quarter
DON’T FORGET!
April 3: Good Friday-Office Closed
April 17: Ferd Rothe Scholarship
Application Deadline
April 17: Turn in Coloring Contest
Coloring Pages
April 20-26: Youth Week
May 25: Memorial Day-Office Closed
2015
Ferd L. Rothe Memorial Scholarship
We are pleased to announce that TWO $250 education scholarships will be
awarded this year to eligible members. One graduating high school senior and
one adult member continuing their education. Please take the time to review the
scholarship program. Applications may be downloaded from the forms
section of our website or picked up at the credit union.
All applications must be turned in no later than April 17, 2015.
Spring Credit Cleaning
Did you know??
By selecting CREDIT when
you use your MECO visa card,
you are saving your credit
union money.
Become a member.
Share the Benefits.
Help us Grow!
Share the gift of credit union
membership with all of your family!
Are you signed up for our
FREE Online Bill Pay?
Login to your MECO account
and get started today!
federally insured by NCUA
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garage, don’t forget about your credit report. Your credit history is the
foundation to financial stability. The information in your credit report is
what scoring companies such as FICO use to generate your credit score,
which governs everything from how much you pay for a loan to your
insurance rates. Luckily, federal law entitles you to a free copy of your
credit report once every 12 months from the three major credit-reporting
agencies: Equifax, Experian and TransUnion. You can get a free copy of all
three bureaus’ versions of your credit report at AnnualCreditReport.com.
Be sure to check your identifying information on your report and have any
mistakes corrected as soon as possible. Another common area to watch on
your report are any mistakes with your credit accounts ex. balance showing
higher than actual or inncorrect late payments. If any negative information
is reporting on your credit report pass 7 years your should disputes those to
have them removed. At MECO we want to help our member become finacially sucessful give us a call or come by our office we can help you look at
your report and file disputes.
Thank you for all your donations during
our annual meeting that help benefit the
Medina County Food Pantry.
The volunteers at the food pantry
expressed a great amount of gratitude for
your help, we were able to provide enough
food to feed several families.
Savings Rate
Share Certificates
Minimum Term
Deposit
APR*
APY**
Dividend Period
01/01/15-03/31/15
$
0.41%
0.41%
Prospective Rate for
04/01/15-06/30/15 .10%
1,000
1 year
Contact the credit union for current rates. Rates
are subject to change weekly. Early withdrawal
will be subject to a 90 day dividend penalty.
*APR= Annual Percentage Rate
**APY= Annual Percentage Yield
Find our coloring pages at
www.mecofcu.coop
AS OF 03/31/15
.10%
Tips to help
prevent Online Fraud
•
•
•
•
•
•
•
•
Financial Statement
A.P.Y.**
.10%
An average daily balance of $25 must be
maintained in order to earn the stated APY.
Dividends are subject to change quarterly at the
discretion of the Board of Directors. Contact the
credit union for more information on savings
account fees and terms.
Youth Get Wild About
Saving in April
We’d be “lion” if we said saving
was easy. Teach children how to save
for their goals and they’ll have one
of the most difficult aspects of
finance under their belt.
During April, we want to be apart
of Youth Savings!
Youth 15 and under can participate
in our coloring contest.
Not a member yet? Join today!!
A.P.R.*
.10%
Keep current with your software and
virus protection.
Create strong passwords.
Ignore emails from senders you
don’t know
Use your pop-up blocker
Download files only from sites you
know
Don’t store financial information on
your laptop or mobile device.
Don’t send or recieve money on
others’ behalf.
Report any fraud immediately.
Total Loans
Total Shares/Savings
Total Assets
Total Members
$3,211,294
$4,528,406
$5,423,688
939
ATM & Debit Card
Safety & Security
1. PAY ATTENTION:
Watch for suspicious persons or activity
around an ATM and debit card
terminals.
2. BE PREPARED
Prepare all transaction paperwork prior
to your arrival to minimize the amount
of time spent at the ATM. Verify your
transactions on your statements monthly.
3. BE SAFE & SECURE
Never count cash at the ATM or in
public. Memorize your Personal
Identification Number (PIN). Set up
account alerts to keep track of your
transactions.
You’re closer to paradise than you think.
Ask us about our new Vacation Loan!
People Helping People through the Power of Membership