Newsletter - Cleveland Heights Teachers Credit Union

A Newsletter from Cleveland Heights Teachers Credit Union, Inc.
A 5-star rated credit union by BauerFinancial, Inc.
September 2016
Our Loan Has You Covered
for Back-To-School Expenses!
Heading back to school can get expensive! Whether you’re sending the little ones
to grade school or the bigger ones off to college, the shopping list keeps getting
longer every year. Cleveland Heights Teachers CU wants to help you cover the bill
for those clothes, shoes, laptops, books, tablets, and fees. For a limited time, you
can borrow up to $1,500 for 9 months at a super-low rate of 7.00% APR*. Don’t
wait too long though – this offer expires on October 31, 2016.
*Annual Percentage Rate. Sample monthly payment for a $1,500 loan for 9 months at 7.00% APR would be
$171.54. This offer expires October 31, 2016. All loans are subject to credit approval. All rates and promotions
are subject to change without notice.
Time to Refinance Your Vehicle Loan?
Now that summer is winding down, it’s time to get organized for
the coming season – and a great way to do this is by refinancing
high-interest loans. If you have a vehicle loan from another financial
institution, chances are Cleveland Heights Teachers Credit Union can
save you money. We’ve saved members hundreds of dollars in interest
payments by refinancing their vehicle (car, truck, motorcycle, SUV).
What’s even better, if you refinance before January 31, 2017, you
won’t have to make a loan payment for 2 months! Stop in or give us a
call, and see how much you can save.
Finance charges will begin accruing on the unpaid balance on a daily basis at the annual percentage rate stated on the promissory note. This means that this deferral
of scheduled payments will result in paying higher total finance charges and possibly a higher total number of payments than if payments were made as originally
scheduled. The first payment will include the finance charges accrued during the deferment period. All rates and promotions are subject to change or end at any
time without notice.
BIRTHDAY LOANS!
$1,000
6.50% APR*
12 months
*Annual Percentage Rate. Sample monthly payments for a
$1,000 loan at 6.50% APR for a term of 12 months would
be $86.28. Credit reports will not determine interest rate but
will be used for debt ratio, to determine current bankruptcy
or garnishment and to establish loan limits. You will not be
approved if within the last year, your name appears on our
delinquency list or you’ve had a past uncollectible loan with us.
All rates and promotions are subject to change without notice.
Coming
Soon!
CHTCU will soon offer VISA®
credit cards and VISA® gift cards just
in time for the holidays! Watch our
website for updates!
Spotlight on Your CHTCU
Building Representatives
Tina Reynolds teaches
kindergarten at Boulevard Elementary.
She joined the district in January
1984, and she became a credit
union member in 1985 so her unpaid
summers became paid through our
payroll deduction option. Back in
the 80’s, payday was the last day of
each month, one check per month
September thru June. “The Heights
Credit Union has always been there
for my family and there are times we
definitely needed it, ready to help,
always supportive.”
Meet Your Credit Union School Representatives
Have questions, comments or concerns about CHTCU? Ask one of your
representatives:
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Aimee Banas, Gearity
Bridgett Bondarenko, Oxford
Tige Dague, Millikin
Debbie Holland, Heights
Dottie Mapson, Transportation
Tina Reynolds, Boulevard
Linda Steffancin, Roxboro Elementary
Charlene Lightfoot, Monticello
Brenda Gadowski is the
administrative assistant at Canterbury
Elementary. She joined the district
in 1993 and the credit union family in
2004 as a “Good way to save money.”
She commented that “the CU staff are
the nicest people in town.”
Zakiyyah Bergen, Roxboro Middle
Darren Campbell, Noble
Brenda Gadowski, Canterbury
LaVerne Jones, Fairfax
Jim Pavsek, IT
Judy Spainhoward, Bellefaire
Becky Townsend – BOE
Visit us online at
www.chtcu.org
Linda Steffancin is the
administrative assistant at Roxboro
Elementary. She joined the district in
April 1994 and became a credit union
member in September of that same
year to also use payroll deduction
to have money during the summer.
Recently, Linda met with CEO Deb
Lavin and was presented with an
“awesome deal” on the purchase of
a truck, which she used to negotiate
with the Toyota dealership.
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credit
union
H o l i d ay
Clo sing
Schedule
October 3
Closed - Rosh Hashanah
SKIP-A-PAY
Qualified members will be able
to skip their credit union loan
payments on their Consumer
Loans (car loans or signature
loans) for the month of December
or January. Please remember
you can only skip one month’s
payment. Watch for your offer in
the mail in October!
Welcome back and
have a great year!
Cleveland Heights Teachers Credit Union, Inc.
14780 Superior Road
Cleveland Heights, Ohio 44118-2121
Phone: (216) 371-2550
E-mail: [email protected]
October 12
Closed - Yom Kippur
November 23, 24, and 25
Closed - Thanksgiving
December 19 - 23
Open - 9:30am - 2:30pm
December 26 - 30
Closed - Winter Break
Normal Business Hours
Resume January 2, 2017
Mortgages Available!
We’ve recently partnered with The Ohio
Educational Credit Union to offer a variety
of mortgage options for our members! If
you are a first-time home buyer or currently
own a home and want to discuss refinance
options, we can help!
Call Shane Hruby 216-621-6296 ext. 3030
or email him directly at [email protected].
Office Hours:
9:30 a.m. – 4:00 p.m. (During the school year)
9:30 a.m. – 2:30 p.m.(Summer and vacation hours)
Appointment hours available
www.chtcu.org
Membership is open to all employees of the Cleveland Heights - University Heights Board of Education.
Family members of any current credit union member may also join Cleveland Heights Teachers Credit Union, Inc.