The Credit Union ReviewApril 2013

The
Credit Union Review
April 2013
FTC: ‘Cramming’ Fraud Targets
Consumer Credit Cards
Fraudulent ‘Cramming’ Fee on cc statement
You need to know about a new consumer fraud called
‘Cramming’.
LOCATIONS
Main Branch
1549 E. Abriendo Ave
Pueblo, CO 81004
Cramming hits consumers straight in the wallet - a $30
charge here, $10 there, buried so deep in your credit card
Complaint
Source: FTC
bills, you might never even notice it. Tens of thousands of
Americans were hit with what the FTC calls fake fees, charged by vague financial services, like Debt
2 Wealth and Fund Assurance.
Eagleridge Branch
4700 Eagleridge Circle
Pueblo, CO 81008
NEPCO Branch
1010 Bonforte Blvd
Pueblo, CO 81001
Office & Drive-thru Hours:
Lobbies:
M,T,W,F 8:30 a.m. to 5:00 p.m.
Th 9:30 a.m. to 5:00 p.m.
Drive-thru:
M -F 8:00 a.m. to 6:00 p.m.
Sat 8:30 a.m. to 1:30 p.m.
The FTC says 20 million people a year fall victim to it, and until now, most of the charges were buried
in phone bills. The best advice? Inspect your bills line by line.
For more information visit http://www.consumer.ftc.gov/articles/0183-mystery-charges-your-phonebill.
Cecelia Vega reports. 01:33 | 02/20/2013
http://abcnews.go.com/WNT/video/ftc-cramming-fraud-targets-consumers-credit-cards-18552033
Rocky Mountain Branch
Transactional Branch
701 W. 8th
Pueblo, CO 81003
photo source: http://acocktailparty.com/in-the-know/national-news/abc/ftc-cramming-fraud-targets-consumers-credit-cards/
Credit Reports
Lobby:
M - F 9:30 a.m. to 4:30 p.m.
With the threat of identity theft, many people are being proactive and checking their credit reports more
often. As this occurs, many people are finding problems with their reports that need to be disputed. When
you find an issue with your credit report, you need to dispute and correct the inaccurate information with
the credit bureaus in writing.
Drive-thru:
M - F 8:00 a.m. to 6:00 p.m.
Closed Sat & Sun
Custer County
7 Bassick Place
Westcliffe, CO 81252
For more information or for sample letters to dispute a problem on your credit report visit the Federal Trade
Commission website at www.ftc.gov/bcp/edu/pubs/consumer/credit/cre21.shtm.
Lobby:
M-F 9:00 a.m. to 3:00 p.m.
Haven’t looked at your credit report lately? Visit www.annualcreditreport.com for your free annual credit
report from the three nationwide credit reporting companies.
Drive-thru
M-F 8:30 a.m. to 4:30 p.m.
Phone Numbers:
719-544-6928
800-493-8793
Looking for a New Set of Wheels?
Website:
www.mymwcu.com
Great Rates as low as
2.74%
APR*
*APR - Annual Percentage Rate.
Rates are subject to change without notice. Loan rates listed are the
lowest APRs available. Your actual rate is based on personal credit
history. Lowest rate shown is for well-qualified borrowers.
SM
Holiday Closures
Memorial Day - Monday, May 27, 2013 ~ Independence Day - Thursday, July 4, 2013
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Anytime, Anywhere Banking Information
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Mobile Banking
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For more information, or to
sign up, visit mymwcu.com
or contact a Member Service
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Be sure to take advantage of our other online products as well!
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Term
Minimum
Deposit
Annual
Percent
Yield
Certificates of Deposit
3 Month
6 Month
12 Month
15 Month
18 Month
24 Month
36 Month
36 Mo. Jumbo
48 Month
48 Mo. Jumbo
60 Month
60 Mo. Jumbo
$500.00
.15%
$500.00
$500.00
$500.00
$500.00
$500.00
$500.00
$50,000.00
$2,500.00
$50,000.00
$2,500.00
$50,000.00
.25%
.40%
.45%
.45%
.70%
.95%
1.00%
1.00%
1.05%
1.35%
1.40%
I.R.A. / Roth I.R.A. / Educational
12 Month
18 Month
24 Month
36 Month
36 Mo. Jumbo
48 Month
48 Mo. Jumbo
60 Month
60 Mo. Jumbo
$1,000.00
$1,000.00
$1,000.00
$1,000.00
.40%
.45%
.70%
.95%
$50,000.00
$2,000.00
$50,000.00
$2,000.00
$50,000.00
1.00%
1.00%
1.05%
1.35%
1.40%
The rates applicable to the accounts at MWCU are provided above
and are subject to change without notice. The CU may offer special
rates for these accounts from time to time. Rates current as of 2/1/13.
the possibilities are endless with a
Home Equity Line of Credit
4.00%
APR*
as low as
For more information contact a Member Service Representative today!
*APR - Annual Percentage Rate. Rates are subject to change without notice. Loan rates listed are the lowest
APRs available. Your actual rate is based on personal credit history. HELOCs available only for property in Colorado
Don’t Pay ATM Fees
Go to www.co-opnetwork.org or text
your location to 692667 (MYCOOP)
to find your nearest surcharge-free
CO-OP Network ATM, including 7-Eleven,
Walgreen’s and Costco locations.
Don’t have a Minnequa Works CU Debit
Card? Order one today - A Minnequa
Works Credit Union Checking account
is required.