Get on Board with Low Rates on Boat Loans!

ReportCard
Spring 2015
THE OFFICIAL NEWSLETTER OF DULUTH TEACHERS CREDIT UNION
Serving everyone in the communities of So. St. Louis, Carlton & Douglas Counties and Two Harbors.
Official Notice of 81st Annual Meeting
The Duluth Teachers Credit Union annual meeting will be held Tuesday May 12.
As a member/owner you will have the chance to hear reports of the state of
the credit union as well as vote for candidates to fill positions on the
Board of Directors and Supervisory Committee.
New Time & Location
Date / Time:
Tuesday, May 12
Prize
Drawings
5:00 PM Registration / Social
5:30 PM meeting called to order with election of
Directors and Supervisory Committee Members
RSVP
Today!
Location:
First United Methodist Church
(Copper Top Church)
230 E. Skyline Parkway, Lower Level
Come enjoy free hors d’oeuvres, dessert, prize drawings and a gift for all attendees!
Please RSVP to 733-8020 by Friday, May 8th if you plan
on attending. There is no charge to attend.
Get on Board
with Low Rates
on Boat Loans!
2.79% APR*
up to 5 years
3.24% APR*
up to 7 years
*APR = Annual Percentage Rate, rate based on credit score
of 720 or higher, other rates and terms available. Offer good
on new or used autos, snowmobiles, boats, RVs, SUVs, and
motorcycles or refinances from other financial institutions.
Payment example: $10,000 at 2.790% interest rate for 60
months, APR 2.790% 59 payments of $178.76 and 1 payment of $178.50 finance charge $725.34. Payment example:
$10,000 at 3.240% interest rate for 84 months, APR 3.240%
83 payments of $133.23 and 1 payment of $132.43 finance
charge $1,190.52. No internal refinance of current DTCU loans
qualify for this rate. No other discounts apply to this rate. Loan
documentation fee of $25 applies to all consumer loans.
Open positions on the Board and Supervisory Committee
The credit union is seeking volunteers to run for three open positions on the
board of directors and one open position on the supervisory committee.
The credit union board of directors sets policies and determines the long range
direction of the credit union. Board meetings are held once per month.
The supervisory committee is responsible for ensuring that the credit union
manages its assets and conducts operations in a safe prudent manner. They
also ensure regulations, procedures and policies governing the credit union are
followed.
Elections will take place at the credit union annual meeting May 12. If you are
interested in being placed on the ballot please send your written response with
qualifications, desire to run and contact information to, DTCU Nomination
Committee, PO Box 161558 Duluth, MN 55816. Please send in by May 1st.
27046NEWS315
New Look, More Features
DTCU launches new website this spring
When you log into www.dtcu.net this spring you will notice a
fresh new website with more features. We’ve made changes
to make your time on DTCU’s website more efficient and
standardized.
Here is a preview of the new home screen improvements.
They take advantage of evolving web technologies and
usability advances, however, they do not mean a dramatic
departure from how you’ve been operating up to now.
A few highlights:
New Features: DTCU has launched our new online
account opening. Open or add accounts and fund them
from the comfort of your home with no need to stop by a
DTCU office.
More Consistency: We’ve reviewed our processes and standardized them across the board.
More Adaptability: For example, the “refreshed” screens have been designed to adapt to new screen sizes including tablets
and smart phones.
We hope you will agree that the updated DTCU website is easier to read, simpler to use and a quicker way to get on with your
day. Take a moment to experience the new www.dtcu.net. If you have suggestions or questions please pass them along.
We’re always looking for ways to improve our services.
Keep it Safe at DTCU
1/2 off first year rental special!
DTCU launches new Online Account
Opening this spring.
DTCU has the solution for
your important documents and
valuables with a low cost safe
deposit box at the credit union.
At DTCU, convenience is our number one priority, therefore we
have launched our newest service, Online Account Opening!
We have various sizes available
to meet your needs. We are
offering a special 1/2 off current
rental rate for the first year on any
new box rental at the downtown
office, rented now thru May 29th!*
Hurry while supplies last!
With this service, you can now open a new DTCU account or
add a saving or checking account to your existing account
at DTCU without coming in to a DTCU branch. This new
service allows you to open and fund your account from the
comfort of your own home. This a very secure site and uses
knowledge base authentication, which basically means it asks
specific questions only the individual applying would know the
answer to.
Call 722-9242 to reserve your
box today!
Safe Deposit Box Annual Fee
Size
3x5
3x10
5x5
5x10
Annual Fee
$25.00
$45.00
$40.00
$55.00
Special Offer Rate*
$12.50
$22.50
$20.00
$27.50
*1/2 off promotion is valid on new box rentals between April 1 - May
29, 2015. New rentals only - offer does not apply to existing rentals.
DTCU REPORT CARD - Spring 2015
Open New DTCU
Account Online
Existing DTCU members will be
able to add new accounts such as
a Checking, Dream or Christmas
Club account within Virtual Branch
as well.
With our greatly expanded field
of membership this new service
will allow those that don’t live close
to a DTCU office the ability to open
an account without the need to
stop by a branch office.
HELP SPREAD
THE WORD!
Your neighbors,
family and friends can
be DTCU members
too! We are open to
anyone living in So.
St. Louis, Carlton or
Douglas Counties and
Two Harbors!
2
Reloadable VISA Travel
Cards Now Available!
Next time you travel
consider a VISA travel
card from DTCU.
There are no country
restrictions with this
card and you can use it
for getting cash or making
purchases. Load anywhere
from $5 to $5,000 on
this card.
Is it Home Improvement Time?
Home improvement loans are a great way
to add value to your home, and they can be
relatively easy to obtain. Typically home
improvement loans are specific to an
amount of a project, and lines of credit are
designed to create additional flexibility
if needed. We at DTCU will help you
determine what type of equity position your
property has, and where and how that equity
can be used to complete a simple project or
a remodel of your dreams.
These cards come with 24/7 customer service and
voice response access to get your transactions
and balance. Reload cash on this card from $50
up to $2,000.
Bryan Lent
Knowing the project you hope to have
Assistant VP Lending
completed will allow you to ask good
questions of contractors and material providers. Once you have the
project planned it’s time for estimates from contractors or an itemized
list of materials. For a do-it-yourself project this will help ensure that
the amount of the loan or line of credit is correct.
Home improvement products are designed to combine project ideas,
labor, and materials into added value in your home. DTCU’s lending
team has the experience and home improvement products to help,
contact us today. Maybe the time to improve your home is now?
EMV Chip Card Conversion Update
You may have been hearing talk about EMV chip cards
coming in credit and debit cards and we would like to update
you on where DTCU is at with this project.
EMV stands for Europay, MasterCard and VISA global
standard for inter-operation of integrated circuit cards
(chip cards).
DTCU is in the process of converting our VISA credit cards
to the new EMV chip card. We are on target to start reissuing
expiring VISA credit cards with the new chip card sometime
in fall/early winter 2015. Debit MasterCard conversion to
EMV chip cards will follow in early 2016. As DTCU VISA and
Debit MasterCards expire they will be replaced with the new
chip card.
DTCU REPORT CARD - Spring 2015
Pick up an instant
issue card at any
DTCU credit union
location or we
can order you
a personalized
card. With a
personalized card
you are able to order a
joint card as well.
Visit any DTCU office to pick up your Visa
Travel Card.
Promotions / New Hires
Melanie Hogue has been
promoted to consumer loan
officer.
Melanie has been with DTCU
for 8 years formerly working at
the Miller Hill Branch as loan
processor. Melanie will be working at the Kenwood Branch and
can be reached at 733-8016 or
[email protected]. Give
Melanie a call for your borrowing
needs, she is ready to assist you.
Brenda Mowry, Head Teller at Miller Hill has been
promoted to Loan Processor at the Miller Hill Office.
We would also like to welcome new employees, Sandy
Agne and Matthew Mundy to our member
service team!
Sandy will be at our Miller Hill office and
Matthew will be at the Kenwood office.
Dec. 19
3
DOWNTOWN 722.9242
11 West 2nd Street
Duluth, MN 55802
Mon. - Thurs.: 9:00 a.m. - 5:00 p.m.
Fri.: 9:00 a.m. - 5:30 p.m.
LOAN DEPARTMENT
Lorenda 733-8002 • Nicole 733-8057
KENWOOD 724.8218
1358 West Arrowhead Road
Duluth, MN 55811
Mon.- Thurs.: 9:00 a.m. - 5:00 p.m.
Fri.: 9:00 a.m. - 5:30 p.m.
Sat.: 9:00 a.m. - 1 p.m.
LOAN DEPARTMENT
Bryan 733-8051 • Melanie 733-8016
MILLER HILL 279.3828
4433 Trinity Road
Duluth, MN 55811
Mailing Address: P.O. Box 161558
Duluth, MN 55816
Mon.- Fri.: 9:00 a.m. - 6:00 p.m.
Sat. 9:00 a.m. - 1 p.m. (Drive-up only)
LOAN DEPARTMENT
Connie 733-8078
HOLIDAY CLOSINGS
Memorial Day - May 25
BOARD OF DIRECTORS
John Arola, Chair
Don Michels, Vice Chair
Allen Merry, Secretary
J. Earl Grano
Eddie Crawford
Gerald Allen
Lisa Mitchell-Krocak
Bill Crandall
Jody LeBlanc
email: [email protected]
SUPERVISORY COMMITTEE
Polly John
Kandice Gulbranson
Lisa Filzen
Two Area Teachers
Recognized
The Duluth Federation of Teachers
recognized two area teachers as
outstanding Teachers of the Year. Jill Lofald
from Denfeld High School and Annette Strom
from Ordean-East Middle School received
recognition awards at a special event held on
January 16, 2015.
Both teachers go on to compete for the
Minnesota Teacher of the Year award which
will be announced in early May 2015. DTCU
presented each winner with a check for $250
for their accomplishments. Congratulations to
both Jill and Annette from the Board and Staff
of DTCU!
Win Dinner and a Movie with
Toll Free: 800-378-DTCU (3828)
www.dtcu.net
E-mail: [email protected]
Annette Strom
Your Birthday!
Find the Birthday Candle wit
hin this newsletter. If the mo
nth and day
of your birthday appears nex
t to the candle be the first one
to call us
at 722-9242 and you will win
dinner and a movie for 2 at
Ze
itgeist
Arts and Cafe!*
Congratulations to Dwigh
t W. - last quarters birthd
ay winner!
*Must be a DTCU member
Health Savings
Accounts Available
at DTCU
Call a DTCU member service rep. at
722-9242 for more information or to start
your Health Savings Account today!
Duluth Lions Club
Pancake Day
“Like” DTCU on Facebook
for the latest news &
promotions!
Jill Lofald
Thursday, May 7th at the DECC
Discount Tickets available at the Downtown
DTCU office.
$6.00 in advance • $7.00 at the door
and call yourself to redeem.