NOTICE - Olean Area Federal Credit Union

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NOTICE
If your debit card is scheduled to expire,
please note you will receive a new card with
the same number. You will also receive a new
pin number separately from the card.
**Your old pin number will NOT work with
your new card.**
If you would like your old pin number
assigned to your new card, please bring
your new pin number mailer and card(s)
with you when you visit one of our
Member Service Representatives.
Together,
we can make
our Drive Thru
FASTER!
Many of our Members visit our Drive Thru while on lunch or on
the way home from work. This can be a very busy time, but if
we work together, the Drive Thru can be FASTER for everyone!
Please take a moment to view some time saving tips.
Time Saving Tips for the Drive Thru
Have your account number ready and a deposit slip completed.
Have your checks endorsed properly on the back.
Keep transactions to a minimum of (3) per vehicle.
Please no loose change or rolled coin.
(This harms our equipment.)
Information Regarding your Income Tax Refunds
Before you have your 2011 taxes prepared in January, it’s important that you have
some key information from Olean Area FCU! To ensure that your direct deposit goes
into your account, you will need your routing number, specific account number, and the
type of account you will be using for your direct deposit. (Ex: Savings or Checking)
Your routing number is: 222381824
Federally insured by NCUA.
www.oleanareafcu.org
We’re here for you
Locations and Hours
Board of Directors
Main Office
Clark Street Office
1201 Wayne St.
Olean, NY 14760
716-372-6607
ATMs (walk-up and drive-up)
Hours: Mon. - Fri., 8:30am - 5:30pm
206 N. Clark St.
Olean, NY 14760
716-372-6607
ATM (drive-up)
Hours: Mon. - Fri., 8:30am - 5:30pm
Patrick M. Kelly, President
Ronald L. Inzana, Vice President
Ronald E. Kent, Jr., Treasurer
Lola C. Stoughton, Secretary
Glenda M. Hall
F. Jean McInroy
Kenneth L. Putt
Supervisory Committee
James E. Monterville, Chairman
Robert W. Olander
Michele A. Pancio
Senior Management
Brian Snyder, CEO
Mary Palumbo, Vice President of
Finance / Information Technology
Lee Ann Dineen, Vice President of
Operations & Human Resources
Eric Chase, Vice President of Lending
Your account number can be found at the bottom of your check. You may also obtain
your account number by visiting one of our friendly Member Service Representatives.
We need your NEW Address!
2012
Scholarship
Program
Olean Area Federal Credit Union, along with the
Credit Union Association of New York, is proud to
once again help young Members realize their
educational dreams with college scholarships.
Applicants must be high school seniors who:
will be attending college for the first time in the fall of 2012
will be enrolled in either a two-or four-year college
will be attending an Accredited Business School ; and
are members of a participating credit union.
Applications must be submitted no later than
January 20, 2012.
Olean Area Federal Credit Union has awarded thousands of
dollars to appreciative students over the years. Why not be a
part of it? Please stop into Olean Area Federal Credit Union
and apply today!
Please note, for your protection and to prevent
Identity Theft, the Postal Service will not
forward any mail sent by a financial institution.
Therefore, before you relocate for the winter or
move permanently, please visit us or logon to
ETELLER and fill
out a quick and
easy form so we
can update your
address as soon
as possible!
Thank You!
1201 Wayne Street
Olean, NY 14760
Holiday Closings
October 10, 2011 - Columbus Day
November 11, 2011 - Veterans Day
November 24, 2011 - Thanksgiving Day
December 26, 2011 - Observance of Christmas
January 2, 2012 - Observance of New Years Day
January 16, 2012 - Martin Luther King Day
February 20, 2012 - Presidents’ Day
Scan this code
to connect with
Olean Area FCU!
The articles and opinions published here are for your general information and should not be construed as specific
advice or recommendations for any individual. Consult your attorney, accountant, financial advisor or tax advisor for
professional advice pertaining to your particular situation. Olean Area Federal Credit Union 2011. All rights reserved.
Fall 2011
Moving Forward
with Technology
In this ever changing world of
technical advancements, we are
continuously looking to create new
products and delivery methods to
meet your financial needs. As we
approach our first full year since
our system enhancement, let me share a few of the
milestones we’ve achieved.
With the new format of our account statements, we
now have the ability to incorporate mandatory
regulatory requirements while providing a visually
friendly document to review your account activity.
Please note, in our effort to “go green” we welcome
the opportunity to send these statements to you
electronically also.
Our home banking site now allows you the ability to:
view all cleared checks on your personal checking
account(s). You can also pay your Olean Area FCU
Credit Card bill on-line. If you need a new debit,
ATM or credit card, we can create it in a matter of
minutes. Simply stop in our Wayne Street location and
ask for a Member Service Representative to assist you.
Most recently, we’ve added EALERTS, which has
been very exciting for our members. With this service,
you can be notified by e-mail or text when a check or
a range of checks post to your account. In addition we
can notify you when a deposit over a certain dollar
amount is made or when your loan payment is due.
Considering the overwhelming popularity of this
service, more alert options are in the development
stages at this time, we’ll keep you posted!
It’s important to note, while we continue to add new
technology and services for our members, we will
always be ready to assist you in person. We realize
there are many members who prefer to stop in our
credit union to discuss their needs or transact their
business. We welcome the opportunity to assist you
every day and thank you for being the loyal and
dedicated members you’ve been for many years.
Our credit union is financially strong and successful
because of you!
Brian Snyder, CEO
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One focus... serving you
We are excited and we HAD
to tell you...
...it’s almost here,
the NEW
MobileCU!!!
Anywhere, Anytime!
Check Balances
View Recent Activity
Transfer Funds
View Scheduled
Transactions
Check Stop Payments
View History
AND MUCH MORE!
Keep watching our website for
MobileCU’s OFFICIAL LAUNCH!
Account Alerts & Interactive Texting
We understand that once you get started on your Holiday
Shopping, it may be difficult to keep track of the purchases made
with your Platinum VISA Credit Card. We have the perfect
solution; a NEW service called Account Alerts & Interactive
Texting!
Interactive Texting
Account Alerts
Balance
Payments
Available Credit
Due Dates
Recent Transactions
Purchase Limits
Payment Due Dates
Transactions
Introducing our
new employee.....
Sign-up for FREE at www.GoToMyCard.com or scan the
QR Code that is located to the right with your Smart Phone Device.
*Standard text messaging fees apply.
Brian Snyder, CEO announces the
addition of Eric L. Chase to the senior
management team as Vice President of
Lending. “I’m confident we’ve found a
good match for our team and the members of Olean Area
Federal Credit Union for today and well into the future” stated
Mr. Snyder.
EALERTS
The holiday season is always a busy time, thankfully we offer
EALERTS to keep you up-to-date on your account activities
such as:
Account Alerts
Checking account balances
Checks that clear your account
Withdrawal or deposit transaction (you set the amount)
Loan payment reminders
Eric is a native of Saratoga Springs, NY and a graduate of
SUNY ~ Canton. He comes to Olean Area Federal Credit Union
with over 32 years of management and lending experience most
recently as CEO of Guthrie Federal Credit Union in Sayre, PA.
Security Alerts
Email address changes
Name or mailing address changes on your account
He is a dynamic leader specializing in all areas of lending
including: business development and asset recovery, product
development, and overall management of credit union
operations.
Enrolling is easy! Simply log into ETELLER, click
the EALERTS button at the bottom of your Account
Summary page and follow the simple instructions.
Eric, along with his wife Beth and son Derek are excited about
this opportunity and look forward to becoming an active part of
the credit union and our community.
Visit www.oleanareafcu.org or scan the QR Code
that is located to the right with your Smart Phone
Device.
Loan Rates (effective 10/1/11)
Auto (2010 & newer)
VISA Platinum Credit Card
Auto (2008 - 2009)
Unsecured Loan
As low as 2.75% APR*
As low as 3.25% APR*
Auto (2005 - 2007)
As low as 3.50% APR*
As low as 9.75% APR* with rewards
As low as 9.90% APR*
Mortgage and Home Equity Loans
Please call the credit union for current rates
Auto (2004 & older)
As low as 5.75% APR*
*APR=Annual Percentage Rate. Rates are based on
credit history and term. The auto rates shown include a
0.25% discount with auto deduction from your Olean Area
FCU Account. Autos 2004 and older have a max term of
48 months. 2005 Autos have a max term of 66 months.
Autos 2006 and newer have a max term of 72 months. All
loans subject to loan request and approval. Other rates
and terms are available. Rates subject to change without
notice. Certain restictions may apply.
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One focus... serving you
Member Appreciation Day 2011
On Thursday, August 4th and 25th it was all about our
Members! We provided free hot dogs, chips, cookies, prizes
and smiles! Members enjoyed over 1,200 delicious hot dogs,
mouth watering cookies and over 1,400 bags of crunchy chips!
Anyone who visited had the opportunity to enter our drawing for
(1) of TEN $50.00 Greater Olean Chamber of Commerce Gift
Certificates!
Make your season brighter with a
HOLIDAY LOAN!
Our Card Services Bring HOLIDAY CHEER!
With the Holiday Season fast approaching, we have
everything you need to make your Holiday Shopping
a little easier! Debit, ATM and Platinum VISA Credit
Cards are here for you and are EASY to sign-up for.
With our Platinum VISA Credit Cards, you could
receive 1.99% APR* on new cards and balance
transfers for the first 6 months!
Debit, ATM, and Platinum VISA Credit Cards ready in
an instant! Please stop by our Wayne Street location
for more details.
Introductory 1.99% APR (Annual Percentage Rate) on new purchases
and balance transfers on Visa credit cards is fixed for 6 months from
account open date for new credit card accounts. At the end of the 6
months, the contract rates become variable and will increase.
Variable rates as low as 7.75% APR. There is no grace period for
cash advance or balance transfer transactions; finance charges
accrue from the date of the transaction. No annual, balance transfer,
cash advance, or over-the-limit fees apply. Rates subject to change
without notice. Some restrictions may apply.
Our holiday loans are here for you with a hint of shine
and a dab of sparkle! Stop by and apply today at
either branch location, online or via phone.
4.25 %
APR*
Rates as
low as
12 Month Term
Maximum $2,000
Oct. 1st - Dec. 31st, 2011
*APR=Annual Percentage Rate. Rate as low as 4.25% APR with automatic transfer from your
OAFCU Account. All loans subject to application and loan approval. Rate based on credit
history. Rate is subject to change without notice. Some restrictions may apply.
Christmas Club Accounts
Ho, Ho, Ho... Club accounts are the way to
go! Club accounts are quick and easy to
open, provide a perfect way to save and earn
competitive dividend rates, and have no
restrictions or fees! Start saving for next
year’s Holiday Season by opening your
Christmas Club account today!
Make a child happy this holiday season! Olean Area FCU
is proud to be a collection point for Toys for Tots donations.
New, unwrapped toys will be accepted from
November 21st through December 16th at either
Olean Area FCU Location.
Olean Area FCU:
By the numbers
Your credit union continues to grow!
The numbers tell the story - we’re large
enough to provide you with the products
and services you need, but small
enough to know you by name!
Bring in a toy and enter to WIN
Movie Passes at both locations!
Asset Size is over $207 million
Loans now exceed $150 million
Membership now tops 21,347
Again this year, we will be hosting our annual holiday food drive for the
Olean Food Pantry. You can donate non-perishable food items from
October 17th to November 21st at either location or purchase a paper can with
your cash donation.
High demand items are:
Flour
Sugar
Baking Supplies
Pasta
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One focus... serving you
From left: Barb Smucinski,
Nicole Cook, and Lee Ann Dineen
Brian Snyder, CEO
Free Shredding for the Community
In celebration of Member Appreciation Day on
Thursday, August 25th, we had a FREE Shredding
Truck available to our Members and the
community! Bob Velazquez, from Document
Destruction of WNY, shredded paper from 11am to
5pm. He reported over 1,200lbs of shredded
paper that will be recycled, a record for his
company! Due to the success of this event, we
hope to invite Bob back in the future!
In photo from left: Bob Velazquez from Document
Destruction of WNY, and Scott Blair, IT Coordinator
City of Olean Neighborhood
Preservation
Olean Area FCU participated in the neighborhood
preservation project, adopting Buffalo Street as
their designated cleaning area. Five teams of
employees dedicated several hours every two
weeks to liter control from May through October.
Everyone had a great time and enjoyed the
opportunity to give back in our community.
In photo from left: Tonya Doxey, Manager of Marketing/Compliance,
Lee Ann Dineen, VP of Operations and Human Resources,
Scott Blair, IT Coordinator, and Brian Snyder, CEO.
Fireman Hot Dog Sales for
the Fourth of July Fireworks
Holiday Food Drive
Scan this code to
view our loan rates.
We’re sorry if you weren’t able to attend either of our events; we
missed you and THANK YOU for being an important member!
Fruit
Crackers
Juices
The Olean Fire Department held their
Annual Hot Dog Sales on Friday,
May 27th and July 1st at Olean Area FCU
to raise money for the Fourth of July
Fireworks! The sales were a huge
success and Dave Bauer from the Olean Fire
Department stated they had a “record-breaking” year
and were able to raise over $5,000 from hot dogs and
ice cream, plus over $600 from paper fireworks that
OAFCU employees sold!
2012 Scholarship Winners
$500 - Shawn Campbell
$500 - Chad Monkhouse
$500 - Bryanna Suain
Shawn Campbell also won a $500 scholarship
from the Jamestown Chapter!
CONGRATULATIONS!
In photo from left: Bryanna Suain, Shawn Campell,
Chad Monkhouse, and Tonya Doxey, Manager of
Marketing/Compliance
College Ready Promotion
Winners
Compact Refrigerator - Sabrina Hall
$50 VISA Gift Card - Paige Johnson
Katherine Seib
Alexander Harenda
CONGRATULATIONS!
Movie Ticket Winners
Each time a Member visited the Clark Street Office
during the months of July and August, they could
enter to win a pair of Carmike Movie Passes!
Janice Babcock
Dale Bentley
Fred Dwaileebe
John Heschke
Frank & Glenda Jester
Dan Peek
John Petruzzi
Sharon Simon
CONGRATULATIONS!
For more information, please visit their website at
www.oleanfireworks.org
One focus... serving you
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