Don`t Overspend - Weber State Credit Union

Insights
Fall 2010
The Newsletter for Weber State Credit Union Members.
New
Simple Checking
See’s Candy
New North Ogden Branch
Winter Skip-a-Payment
Local Business Highlight:
Cafe Ville Bella
Don’t
Overspend
Tips for staying in your holiday shopping budget
Lower your loan rate.
Earn 1 Scorecard point for every $1 spent on your
Rewards VISA Debit card or Rewards VISA Platinum card when you sign for your purchases.
Redeem points from your VISA Debit or Platinum
card for travel rewards, merchandise, or to lower
the APR of your loan by up to 1%.
For details, or to redeem your points, please
speak with with a representative, or call the Help
Desk at (801) 399-9728.
Going North.
The much anticipated North Ogden
branch opens with a party.
CEO Vickie van der Have and
North Ogden City Mayor Richard
Harris cut the ribbon.
After a short 3-month build time, the new branch in North
Ogden is complete and welcoming members in north Weber
county.
Ground was broken on July 5th, and by October 8th, the
branch was complete. The branch doors opened on October
12th and a ribbon cutting ceremony was held on October 14th.
The Grand Opening celebration was held from October 21st23rd. On the final day of the Grand Opening, KBull 93 FM and
host Pat Garret came to host the party, while Sonora Grill put on
a hot chili pepper eat-off.
Though the weather turned south on Saturday, the drizzling rain
couldn’t keep hundreds of eager members and local residents
from joining the festivities.
During the Grand Opening, members entered to win a Hawaiian vacation, iPod Touch, iPad, HDTV and dozens of prizes
donated by local businesses.
The new North Ogden branch has a three lane drive-up with
Saturday service. There is also a 24-hour ATM, safe deposit
boxes, and night drop service available.
K-Bull 93FM and host Pat Garrett were on site for the Grand
Opening.
Sonora Grill sponsored a hot chili
pepper eat-off. Contestants
started off with habanero salsa.
Klint Anderson, the contest winner, ate the salsa, 2 jalapenos
and 4 habanero peppers.
K-Bull 93 host Pat Garret was a
crowd favorite when he drew
names for raffle prizes, including an
iPad, Hawaiian vacation and HDTV.
Introducing the New
Simple Checking Accounts
tions nationwide, and a free debit
card, but each checking account
also has one distinguishing feature.
The Rewards checking account lets
members earn 1 Scorecard reward
point for every $1 spent. Points can
be redeemed for discounts on WSCU
loans, free airline tickets, hotel stays,
golf clubs, electronics, and thousands
of other items for just $20 per year.
Interest Checking is the perfect account for members with a high balance, and pays interest on balances
over $1,000.
It’s been decades since the financial
industry has seen so much change to
checking accounts as it has the past
year.
New legislation has changed the
way most institutions operate their
checking products, and many have
eliminated free checking, or have attached stringent criteria for maintaining a fee-free account.
When the new checking account
legislation was being passed, we took
the opportunity to re-evaluate and reintroduce our checking product lineup
to create a more simple and memberfriendly approach to our checking
lineup.
The end result?
The SimpleChecking accounts.
The new accounts share common
features like Online banking and Bill
pay, no ATM charges at 28,000 loca-
The Free Checking account is a great
starter account for students with no
balance requirements or transaction
limits. This non-nonsense account lets
members enjoy the freedom of no low
balance fees or monthly maintenance
charges.
Simple Accounts.
Rich Features.
The new SimpleChecking accounts
are loaded with extra features, and
best of all-they’re free to use. All
checking accounts include:
Free VISA Debit card:: Access your
funds anywhere VISA is accepted with
zero liability protection if your card is
lost or stolen.
Online Banking:: Transfer funds,
check your balances, make a loan
payment, view account history, and
securely manage your account from
any computer, anywhere in the world.
Online Bill pay:: Save paper and
save postage with electronic Bill pay.
Use our free Online Bill pay system to
securely pay any company, business
or individual within minutes.
Account alerts:: Want to know when
your paycheck arrives? When your account balance is low? When a check
clears? Enroll in account alerts to
receive free text or e-mail notices on
account parameters you set.
Mobile banking:: Get your banking
on the go with text message-based
banking. Check your balance, make
a transfer or view history.
28,000 free ATMs:: Use one of the
28,000 Co-Op ATMs across the country and get cash without paying ATM
fees, ever. Need to find an ATM? Click
here to visit the Co-Op locator.
4,200+ free branches:: Need a
branch near you? We coordinate with
other credit unions across the country
to give you free access to over 4,000
branches nationwide. Locate the
nearest service center at www.creditunion.net
Courtesy Pay:: Courtesy Pay lets your
transactions clear your checking account, even if your funds are depleted, sparing you returned check fees
and the embarrassment of declined
transactions. Get automatic overdraft
coverage up to $500 on checks, Bill
pay/ ACH and recurring Debit card
transactions. You can opt-in for additional coverage on everyday Debit
card and ATM transaction for complete account protection by speaking with one of our representatives, or
you can submit your request through
E-Branch.
If you have any questions about our
new SimpleChecking products, please
visit a branch or call our Help Desk at
801-399-9728.
Need a VISA Debit card? Visit a branch and get a new card within 10 minutes.
Warm the
Soles
Last year, we donated 157 pairs
of shoes to kids in need with the
proceeds of the winter Skip-a-Payment and your donations.
Please help again this year by
participating in Skip-a-Payment, or
make a donation at any branch,
or call us at 801-399-9728.
Winter Skip-a-Payment
If you would like a little extra cash during the holiday season try our winter Skip-a-Payment. Just fill out the form and mail or
deliver it to WSCU before Friday, January 21, 2011 and you can skip one or all of your loan payments for a month. Several
loans are not eligible, such as VISA balances, Mortgages, delinquent loans, and loans less than 6 months old. There is
a small fee of $35.00 that applies for each loan payment skipped, all proceeds will be donated to the Warm-the-Soles
program.
Winter 2010/2011 Skip-a-Payment
Name
Account #
Please Skip (select one):
All December Loans December
loan
All January Loans
January
loan
The loan payment due will be advanced one month to the loan(s) indicated above. This loan is paid monthly directly by me
or automatically from my savings or checking account. I understand that interest will accrue at the normal rate and that the
skipped payment will be deferred to the end of my loan. I also understand that this offer is valid only through Friday, January
21, 2011. Please sign (all co-signers must also sign to make the extension valid) and mail or deliver to WSCU. In the event of a
claim, GAP insurance does not cover skipped payments.
X(co-signer)
X______________________________
X(co-signer)
Holiday Budgeting
Keep your expenses down without becoming a Scrooge.
If you are like most holiday shoppers, you have some kind of holiday
budget worked out. Also, if you are
like most shoppers, that budget is
always too small and is used up by the
first week of December. How do you
properly budget, then stick to your
budget? Here are a few tips:
chase gifts for grandma and grandpa, or each of your parents, or other
people individually, consider combining to get a single gift. For example, if
you normally give a $20 gift to each
person in a family of 3, consider buying one $25 gift for the group. Another
twist is to combine with others who
are buying for the same people. For
example, try going in on a gift with
your siblings to buy for parents. Your
combined contributions will buy a
nicer gift and cost you less at the
same time.
1) Make a list- Inevitably, you will
forget to shop for someone, then
remember at the last minute, usually
after your budget is spent. Try writing down everyone you plan to shop
for; family (immediate and distant),
friends, co-workers, and any charity
gifts you will purchase. Assign each
individual a budget.
4) Set expectations- If your
income has been reduced, or if you
just don’t want to spend as much this
year, tell your future gift recipients in
advance. It’s important to let them
know everyone on your list will be
getting less this year so they don’t feel
singled-out. This also applies to your
kids- if they aren’t getting everything
they want, don’t be afraid to tell them
in advance.
2) Expect the unexpected-
There is always a last minute gift-giving
occasion at work, school, or among
family. Plan in a few extra dollars for
the last-minute items.
3) Group your gifts- If you pur-
Enjoy the season.
2.99
%
APR
on purchases and balance transfers for
6 months.
when you open a VISA Platinum card account
No balance transfer fees and rates as low as 9.75% APR after.
Call, click or visit for details.
5) Set the money aside- Credit
card limits can be tempting, and if
they have burned your budget in the
past, try getting a pre-paid debit card
(available at any WSCU branch). The
card can be used almost anywhere
VISA is accepted, and will keep you
from spending any more money than
you intend to. A pre-paid card also
makes a great substitute for cashthere’s no loose change, and you
can make both in-store and online
purchases on the same card.
6) Learn from the past- After the
holidays are over, go back over your
original list and evaluate how much
you really spent. Save your list in a
safe place for next year, and set up a
savings account (like the WSCU MyFund) to prepare for the next holiday
shopping season.
Debit Card Courtesy Pay
extra protection for your account
Courtesy Pay is a service that allows transactions made on your checking
account to clear, even if you don’t have enough money in your account
to cover the cost of the transaction.
You can access up to $500 of Courtesy Pay protection through the use
of a check, at a branch, over the phone, or with Bill pay or through ACH
transactions.
As an additional option, you can opt-in to receive protection on ATM and
Debit card transactions in the event of an overdraft. To request the additional coverage through Debit card and ATM transactions, please visit a
branch or call 801-399-9728.
The Joy of Service
Working to build a better community.
It’s been a busy summer for our community involvement efforts. Here’s a look
at what we’ve been doing do give back to the community:
WSCU Employees participate in
Adopt-a-Highway in Huntsville.
Red Cross Heroes Breakfast: WSCU was the title sponsor for the Heroes breakfast held by the American Red Cross of Northern Utah. The event is held each
year to honor individuals that have made a significant impact on others in the
community.
Highway Cleanup: Employees donated their time to clean a stretch of Highway
39 in Huntsville in September. The credit union has participated in the adopt-ahighway program every spring and fall since 2005.
Domestic Violence Awareness: WSCU hosted a walk for Domestic Violence
Awareness at the Main office. The event was sponsored by the YCC and
Ogden Police Department.
A group gathers at the Main
office to begin a walk to raise
domestic violence awareness
Red Cross Gourmet Gala: Credit Union employees volunteered for the American Red Cross Gourmet Gala at Snowbasin Resort. The event featured dishes
from the lead chefs at restaurants from Weber and Davis county. The event
raised over $50,000 to benefit the American Red Cross disaster relief efforts in
Northern Utah.
Visa Gift Cards
Looking for the perfect gift this holiday season?
Get a VISA gift card.
Cards can be purchased in denominations from $10$500. Gift cards can be used most anywhere VISA
is accepted, and are valid for seven years. To purchase a VISA gift card, please visit any branch.
Local Business Highlight: Cafe Ville Bella
ited, the Cafe had delivered
cupcakes to the hospital, a
high school, campus, and
other businesses.
“We go through about 150200 cupcakes in an average
day.” impressive, considering the size of their operation.
What also impressed me
was the way the Morriss’s
have managed to turn coffee and sandwiches into a
study hall. The decorations,
music and layout of the
shop made for an inviting
atmosphere; a fact made
obvious by the full tables
and students hunched over
laptops.
Sandwiches, Coffee, and outof-this-world cupcakes.
You don’t usually find a crowded
sandwich and coffee shop at 3:00
in the afternoon, but Cafe Ville Bella
was alive with great music, and a full
house.
I was greeted with a big smile from
John Morris, co-owner of the Cafe,
as I walked in. I could immediately tell from his appearance and
demeanor that he had just survived
another lunch rush, but he was warm
and welcoming, so we sat down to
talk about the Cafe and his insights.
“My wife always wanted a coffee
shop, it was her idea to start this”,
was his response when asked where
the concept emerged from. John’s
wife, Anne, received her culinary
training in San Francisco, and uses
her background to concoct some
truly unique recipes for the Cafe.
Cafe Ville Bella was opened on St.
Patrick’s day in 2007, and though it
primarily served up food and coffee
for University students and faculty,
their reputation has grown to cover
a much larger area. The day I vis-
“The food is awesome, it’s
great to study here, and
there’s not a better place to go”
remarked one of the students upon
hearing our conversation.
Turning our attention to small business matters, I asked John if he
would do it all over again, and if so,
what he might change.
Without a pause, he asserted he
would indeed do it all over again,
but then he explained what “it” was.
“During our first year, we were open
6:00 a.m. to midnight every day, and
I worked almost all of those hours.”
As for the things he would change,
he only offered one piece of advice:
watch where your money is going.
“A lot of money gets wasted on
needless things. Of course we tried
to be conservative and save, but if I
did it over again, I would have been
more careful.
At the time the cafe opened, there
were seven employees. Though
John was happy with most of them,
he admitted he was overstaffed
at the time, an expense he said he
could probably have gone without.
“It was expensive, but what’s
important to remember is that the
best employee in the world will
never care as deeply or passionately
about the success of your business
as you do.”
Starting a business is no small task,
especially if your trade is food service, but despite his exhausted look
and the mess on his shirt from the
lunch hour, he never stopped smiling, laughing and bantering with his
customers.
“My favorite part of this business?
The customers- it’s nice to feel comfortable, to get to know people, and
to feel appreciated. Just think of it- I
get paid to have friends come and
visit.”
When asked about his plans, John
admitted he would like to expand
the concept of his store, but for now,
he had his hands full.
If you would like your business featured in the next issue of Insights,
please send us an email at insights@
weberstatecu.com.
To find out more about Weber State
Credit Union Small Business Services,
please speak with our branch managers, Dalene Toth, Dusty Parker, or
Diane Gorman.
2010 See’s Candy Order Form
Once again, Weber State Credit Union will take your order for delicious See’s candies for gift giving
and holiday enjoyment. Please complete your order and turn it in at any branch of the credit union. Full
payment must accompany each order. Be sure to add 3.00% sales tax to your order. The deadline for all
orders is Wednesday, November 24th.
Candy will be available for pick-up beginning December 9th at the Main branch (4140 Harrison Blvd.)
Please make checks payable to Weber State Credit Union.
Name_______________________________
Account Number_________________________
Phone number___________________________ Pickup location:
Description
Truffles
Assorted Chocolates
Assorted Chocolates
Milk Chocolate
Milk Chocolate
Dark Chocolate
Dark Chocolate
Soft Centers
Soft Centers
Nuts & Chews
Nuts & Chews
Toffee-ettes
See’s Awesome® Nut & Chew Bars
Assorted Gourmet Lollipops
Gift Certificate- 1 lb.
Weight/ count
1 lb.
1 lb.
2 lb.
1 lb.
2 lb.
1 lb
2 lb.
1 lb.
2 lb.
1 lb.
2 lb.
1 lb.
8 pack
1 lb. 5 oz.
n/a
Main Branch
Price
$15.80
$12.30
$24.60
$12.30
$24.60
$12.30
$24.60
$12.30
$24.60
$12.30
$24.60
$12.30
$6.50
$12.10
$13.10
North Branch
Quantity
Order Subtotal
Sales Tax (3.00%)
Order Total
Roy Branch
Subtotal
Branch Locations & Hours
Main Branch
4140 Harrison Blvd. Ogden, UT 84403
Office
Monday- Friday, 9am-6pm
Drive-up
Monday- Friday, 9am-6pm
Saturday, 9am-1pm
28,000+ Co-Op ATMs
Weber State Credit Union is part of the Co-Op
ATM network, which means you
can access over 28,000 ATMs
across the United States for freeno fees from us, no fees from the
owner of the ATM.
Roy Branch
Need to find a Co-Op ATM? Just
look for the red triangle on the ATM, or visit
weberstatecu.com/Locations.html to find the
nearest one.
North Branch
4,200+ Shared Branches
5997 S. 3500 W. Roy, UT 84067
Office
Monday- Friday, 9am-6pm
Drive-up
Monday- Friday, 9am-6pm
Saturday, 9am-1pm
2388 N. Washington Blvd. North Ogden, UT 84414
Office
Monday- Friday, 9am-6pm
Drive-up
Monday- Friday, 9am-6pm
Saturday, 9am-1pm
Shepherd Union Branch
2106 University Circle Ogden, UT 84403
Office
Monday- Friday, 9am-3pm
Davis TLC Branch
915 W. 1000 N. Layton, UT 84041
Drive-up
Monday- Thursday, 9am-6pm
Friday, 9am-5:30pm
ATM Locations
Main 4140 Harrison Blvd. - Ogden
Shepherd Union 2106 University Circle. - Ogden
Dee Events Center 4450 Harrison Blvd. - Ogden
Roy Branch 5997 S. 3500 W.- Roy
North Ogden Branch 2388 N. Washington- North Ogden
Ogden-Weber ATC 200 N. Washington- Ogden
University Village 1321 E. 4600 S.- Ogden
Davis Campus 2750 University Park- Layton
Just like the Co-Op ATM
network, Weber State Credit
Union participates in Shared
Branching. Shared branching allows our members to
use branches of other credit
unions. There are over 4,200 shared branches across
the United States. To find the nearest one, just visit
www.weberstatecu.com/Locations.html.
Holidays & Closures
WSCU will be closed on the following days:
Thanksgiving
Christmas Eve
Christmas Day
New Year’s Eve
New Year’s Day
Thursday, November 26th
Closing at 3:00 p.m.
Saturday, December 25th
Closing at 3:00 p.m.
Saturday, January 1st
www.weberstatecu.com
(801) 399-9728