cpfcu Newsletter 4c - Cedar Point Federal Credit Union

Cedar Point Federal Credit Union
Communicator
February 2006
Cedar Point brings you
Falcon Fraud Protection
Cedar Point Federal Credit Union has contracted with
Falcon Fraud Prevention to bring you an automated fraud
detection program. This program has proven beneficial to
both Cedar Point and our members who hold a Cedar Point
MasterCard. We are proud to inform you on March 1, 2006,
we will be converting our Visa Debit Card program to this
system as well.
When suspicious activity is detected, our card processor
will contact you (the member/card holder) to determine if the
activity was authorized or may be the result of fraud. This
contact may come from a person or an automated system.
The automated system will ask you to verify your name and
the last four digits of your 170295 Social Security number.
You will then be asked to verify certain authorizations on
your Debit or Credit card.
If you are not available, a message will be left instructing
you to call 1-800-437-9392. This phone number will connect
you to the automated system. You will be asked to enter the
phone number where you received the message and the last
four of your Social Security number. Next, you will be asked
to verify the authorizations in question.
Please be assured this is a legitimate phone call and not a
scam. If you prefer not to call, your Cedar Point member
service representative can make the call for you. Just call us
at 301-863-7071 or 800-201-1647.
If you do go out of town or out of the
country for an extended amount of time,
please let us know. We will note this on
your debit and credit account which will
help minimize the chances your
vacation purchases are considered
fraudulent by the 700579 fraud
prevention system.
In the past few years, the card
industry has experienced a growing
trend in account compromise and other
fraud that is changing the dynamics of fraud detection and
monitoring. As a result, we have seen the number of cases
increase by over 200% over the past five years. With this
dramatic increase in volume, Cedar Point, in partnership
with our card processor, has continued to pursue solutions
and technology that will help mitigate rising costs while
maximizing the effectiveness of our fraud protection
monitoring.
If you have questions about this automated system, please
call your favorite member service representative at 301-8637071 or 800-201-1647.
See inside for more ways you can help
protect yourself from fraud.
Inside
Protect Yourself from online fraud
Introducing PCUPay
Sign up for your password today
Try it free for 60 days
IRA Contributions
Season of Giving
There’s still time to make your 2005 contribution
Thanks to you!
Cedar Point Financial Services, Inc.
Join Us for our 60th Annual Meeting
Insurance Tips for Young Adults
March 22, 2006
Free Seminar
Benefits Plus®
Retirement Planning
How much have you saved?
TurboTax online
The Kids Corner
Taxes Made Easy. Taxes Done Right.™
Kids love Santa!
Protect
yourself from
online fraud
Activate your
password today!
Even if you never shop online you
should sign up for your personal
password before someone else does!
www.mycardsecure.com/mc
Cedar Point Financial Services, Inc.
A wholly owned subsidiary of Cedar Point Federal Credit Union
Insurance Tips for Young Adults
Most young people don’t think insurance is important—until they need
it. Because young adults aren’t wallowing in disposable income,
insurance often gets lost in the shuffle of rent, gas, and other routine
bills. The following are a few tips to help protect yourself against the
unexpected without spending a fortune.
Most young adults need only three types of insurance coverage:
health, renters, and auto. Life insurance is another type of policy to
consider if you have financial dependents or own a business.
Your insurance needs change as you grow older. Owning a business,
getting married, finding a new job, and becoming a parent are all
events that call for a fresh look at your insurance coverage.
Insurance comes in many shapes and sizes. By carefully considering
the type and amount of insurance to best meet your needs you can
ensure you have provided for your family’s monetary needs. Financial
planning today is a crucial, but often a complex and confusing process.
Our representatives are available to help guide you through it.
www.visa.com/shopverified
Insurance coverage is Not a Deposit, Not Guaranteed by the Credit Union, Not Insured by Any Federal Government Agency, and Not NCUSIF Insured.
???
Retirement Planning
Beyond Investment Illusions
Featuring guest speaker Kevin Knull
of the Hartford Leaders
Wednesday, March 15
6:00 pm
Cedar Point Federal Credit Union
Headquarters Building
Seating is limited. Call 301-863-7071 ext. 227 or 228 to reserve your seat
Registered Representative of and Securities offered through Hornor, Townsend & Kent, Inc. (HTK), Registered Investment Advisor, member NASD/SIPC, 810 Gleneagles Court, Suite 201, Towson, MD 21286,
410-821-2920. Securities are not insured by the FDIC, NCUA or any other bank or credit union insurance; are not deposits or other obligations of the financial institution and are not guaranteed by the
financial institutions; and are subject to investment risks, including possible loss of the principal invested. CPFCU is not affiliated with HTK.
I
f you’re one of the many people
who thought the 403701 yearly
maximum contribution of $2,000
to an IRA (individual retirement
account) wasn’t high enough, you’re
in luck. Maximum contributions to
regular and Roth IRAs rose from
$2,000 a year to $3,000 at the
beginning of 2002, to $4,000 in
2005, and will rise to $5,000 in
2008. For those age 50 or older, the
maximum IRA contribution not only
will rise, but you may be allowed to
make “catch-up” contributions.
Get the biggest tax refund
you deserve — fast
with TurboTax® OnlineSM
• Easy — simple interview questions and step-by-step help make tax returns
quick and painless
• Accurate — 100% guaranteed calculations, audit risk alerts, and deduction
checks let you file with confidence
• Fast — get your refund faster than ever with IRS e-filing and direct deposit
• Secure — relax knowing your tax data is protected
Do your taxes now — get your refund in as fast as 10 days
Just go to www.cpfcu.com and click on the TurboTax logo on our Links page.
TurboTax Online
Taxes Made Easy. Taxes Done Right.™
Introducing
PCUPay
Try it free for 60 days
and you’ll never wear shoes
to pay your bills again!
It was the most wonderful time of the year!
Barbara Horn
President/CEO
31 years
Wendy Carroll
MasterCard Representative
16 years
Debbie Plummer
Loan Officer
11 years
Debra McLendon
Teller
10 years
Holly Melendez
Administrative Assistant
9 years
Kathleen Hesen
Payroll Clerk
7 years
Crystal Mills
Card Services Representative
5 years
Jennifer Davis
Loan Interviewer
5 years
Thanks to your kindness and generosity,
three local families had a very special holiday!
Thank You!
Entertainment
Join Us for Your
Annual Meeting
Mango’s Party Productions
Music for all Occasions
Callaway, MD 20620
301-481-1280
[email protected]
$50.00 discount on wedding or
corporate party services
The entire credit union benefits when
members participate. That’s why we
invite every member to attend our-your--annual meeting. All members are
equal owners of the credit union.
Our annual meeting is an occasion for
management and elected officials to
report to you, the owners. And, it's an
opportunity for you to learn about the
credit union's financial position, products
and services, current business issues, and
goals. This also allows you the
opportunity to meet face-to-face with the
people who operate your credit union.
Without your input, leaders can only
guess what you and other owners want
from your credit union.
Join Us!
March 22, 2006
7:00 pm
JT Daugherty Conference Center
Lexington Park
How much have
YOU saved?
Live Better for Less
with Benefits Plus®
Ask your favorite member
service representative for
information today!
Find your account number in this issue
on or before March 1 and call us.
You will receive $10.00
in your share account.
the kids
corner
All the kids love Mrs. Claus!
Headquarters Office &
Financial Services
22745 Maple Road
Lexington Park, MD 20653
301-863-7071 or 800-201-1647
301-863-0137 (Fax)
ATM
Financial Services
Loans
Mortgages
Mortgage Rates
MasterCard
New Accounts
Titles and Insurance
Visa Debit Card
211
227
207
208
290
219
222
201
223
Patuxent River Office
Building 3144, NAS
Patuxent River, MD 20670
301-863-0005
301-863-7181 (Fax)
Lexington Park Office
21800 N. ShangriLa Drive
Unit 21
Lexington Park, MD 20653
301-863-7027
301-863-6653 (Fax)
...but some save a special hug for Santa!
Leonardtown Office
25910 Point Lookout Road
Leonardtown, MD 20650
301-863-0042
301-863-0020 (Fax)
Prince Frederick Office
Prince Frederick Center
36 S. Solomons Island Road
Prince Frederick, MD 20678
410-414-3086
410-414-3229 (Fax)
The Statistics
Board of Directors
As of November 30, 2005
William B. Wagoner Chairman
Perry Rothwell Vice Chairman
Gene W. Townsend Treasurer
Robert A. Clements Secretary
B. Michael Legg
Bob Simmons
Donald French
Anne Marum
Patricia Robrecht
CMDCM(SW) Jeffrey Snowden Liaison
Barbara Horn President/CEO
Loans . . . . . . . .$120,162,351
Assets . . . . . . .$207,077,347
Shares . . . . . . .$183,847,535
Members . . . . . . . . . . .27,695
Your savings federally insured to $100,000
NCUA
National Credit Union Administration
a U.S. Government Agency
Federally insured by NCUA.
Printed on recycled paper
ATM Locations
Headquarters Office
Lexington Park Office
Leonardtown Office
Prince Frederick Office
Solomons Annex Rec. Center
NESEA #8009
Raley’s Market
ADF Bingo Hall, Mechanicsville
Patuxent River, NAS
North Engineering Building
South Engineering Building
NAVAIR IPT Building
Navy Exchange
Subway
Visitor’s Quarters
Teller24
24-hour Teller Service
301-863-0057
800-444-6119
www.cpfcu.com
[email protected]
Newsletter Editors:
Lisa Shender
Linda Knott