P werSaver - UVA Community Credit Union

extra credi t
summer 2013
Our Quarterly Newsletter for UVA Community Credit Union Members
more
OUR LOANS ARE
AFFORDABLE
P werSaver
LOANS
2.99
greraatte.
RATES AS LOW AS
*
%
APR
on energy efficiency home
improvements, updates, and
repairs. *Visit uvacreditunion.org
for details.
GET AWAY WITH A
Open a credit union VISA card between May 15July 31, 2013 and receive rates as low as
*
on purchases made and balances
transferred. RATES AS LOW AS
KEEP THE SAME LOW RATE UNTIL
BALANCES ARE PAID IN FULL!
*See credit union for details.
OUR 58TH ANNUAL MEETING
Credit Union Continues to Support
Members’ Financial Needs
Chairman of the Board Jeffrey C. Moscicki and President/CEO
Alison DeTuncq had plenty of good news to report from 2012
at our annual meeting on May 22. The credit union’s assets
increased to over $633 million, a record, and our membership
surpassed 61,000 member-owners, another record. Net loans
outstanding to members at the end of the year was $274 million,
the highest ever—and a real indication of how the credit union
is helping members realize their financial goals and strengthening
our communities.
Among the year’s highlights they covered in their reports were steps
the credit union took—by introducing Text Message Banking and
Mobile Apps—to make Online Banking even more convenient.
They also noted that the credit union significantly expanded
its support for the Thomas Jefferson Area Earned Income Tax
Credit Coalition, filing 34 percent more tax returns than in 2011
and featured our extensive educational seminars program.
In 2012, the credit union presented 129 seminars in branches,
schools, businesses, and community centers, attracting nearly
5,000 participants. They ended their report by presenting a
$1,500 college scholarship to a college-bound senior at each of
the 11 public high schools in our field of membership.
Both Moscicki and DeTuncq thanked the volunteer Board of
Directors and the credit union staff for their hard work on behalf
of the credit union. Members re-elected Kenneth M. Eades,
Lisa P. Heuchert, Marie B. Melton, Jeffrey C. Moscicki, Dana B.
Trom, and Ronald T. Wilcox to additional two-year terms.
Following the business meeting and awarding of the door prizes,
attendees proceeded to enjoy light refreshments.
The credit union would like to thank the following businesses
for their support: Albemarle Magazine, Baja Bean, Crutchfield, Frontier
Culture Museum, James Madison’s Montpelier, Miller’s Office Products, Mona
Lisa Pasta, nTelos Wireless Pavilion, Price Automotive, Putt-Putt Golf Courses,
The Little Gym, Thomas Jefferson Foundation, UVA Sports Marketing &
Promotions, Virginia Discovery Museum and Wintergreen Resort.
A few Highlights
• 2012 winner of the Small Business
Administration Top Credit Union
Award, Richmond District, for
being a lending leader for small
businesses. This is the fourth
year in a row to be honored with
this award.
place winner of the 2012
• First
Dora Maxwell Social Responsibility
Community Service Award from
the Virginia Credit Union League
and the Credit Union National
Association for its support of
“LEAPING FORWARD:
A COMMUNITY INITIATIVE”.
Receiving the Dora Maxwell Award from
Roger Ball, chairman of the Credit Unions
Care Foundation of Virginia is Suzanne
Hodgins, Assistant Vice President of Finance,
UVA Community Credit Union.
Congratulations to our 2013
Credit Union Scholars
Credit Card Personal Home Equity HELOC Save Here
See how
muchcosts
youfor
no closing
can save
with
a credit
loans
over
$30,000
union loan today!
USE OUR
Loan
Saver
Online Calculator
Left to right • ROW 1: Bria Gaines (Fluvanna), Shanelle Murray (Monticello), Shuhui Wu (Western Albemarle),
Jeffrey C. Moscicki (UVA Community Credit Union Chairman of the Board) ROW 2: Albert Hwang (Albemarle),
Carolyn Jean Myers (Charlottesville), Marguerite Campbell McCord (Orange), Omar James Quarles (Murray)
Not pictured: Alex Brower (Louisa), Timberly Deane (Madison), Carrie Bowling (Nelson), Kayla Graves (William Monroe)
COLLEGE PLANNING–ARE YOU ON
THE RIGHT TRACK?
free education
seminars
a message from MEMBERS financial services
BERKMAR BRANCH
Remember when a college education was
reasonably priced? Those days are gone and
that’s why college planning is so important.
Between 1991 and 2011, the average annual
tuition and fees at a four-year school
increased by more than 100% for private
schools and over 150% for public schools
Understanding Credit
and Credit Scores
(Source: trends.collegboard.org)
The simple fact is – the sooner
you plan, the better.
If you haven’t begun planning start now.
Contact Dana Esposito, MEMBERS Financial
Services Coordinator, at (434) 964-2001
ext. 3074 to schedule an appointment with
a Financial Advisor. You would be surprised
how a little planning now can make a big
difference in the years to come.
Attend our seminar
College
Funding
6:00 pm
Wednesday, July 24
Berkmar Branch
Some of the topics covered are
college costs, calculating funding
needs, tax-advantage savings
plans, tax breaks, aid programs,
and more.
Register online at uvacreditunion.
org or call 434-964-2001 today!
Securities sold, advisory services offered through CUNA Brokerage Services, Inc.
(CBSI), member FINRA/SIPC , a registered broker/dealer and investment advisor.
CBSI is under contract with the financial institution to make securities available
to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial
Institution Guarantee. Not a deposit of any financial institution. FR051330-E577
coming soon!
A NEW LOOK FOR
ONLINE BANKING
get ready for changes to
the credit union’s online
banking that will make it more
intuitive than ever to use.
our new look will
include:
• a simplified navigation menu that will
make it faster for you to connect to the
Online Banking services you use most.
• a new message of the day section
will keep you up to date on important
information.
Savings/ Christmas Club/ Traditional IRA/ Roth IRA/
Coverdell ESA IRA/ Money Market Investment Account/
Certificates/ New and Used Car Loans/ Signature/
Home Equity Line of Credit/ Share Secure/ Overdraft
Protection/ VISA Credit Cards/ Mortgage
See credit union for Rate Details or visit uvacreditunion.org.
Contact a member service representative at 434-964-2001 for more
information about fees and rates or for questions concerning your
account. All rates are subject to change without notice.
Mailing Address / Main Phone Numbers
3300 Berkmar Drive, Charlottesville, Virginia 22901
434-964-2001 / 888-887-9136
• With our new bill pay interface, you’ll
be able to pay bills faster and manage
payees more efficiently from one drop
down menu.
To ensure continuous access to your
accounts, we ask that you use the most
current, certified version of your browser.
After the upgrade, we will no longer be
able to support Internet Explorer 7.
We will also be enhancing security. Once
the upgrades are complete, expect to see
a new verification system when you log in.
watch for more information when you
login to your account.
Website /Online Banking /Bill Pay/Mobile Banking
uvacreditunion.org • mobile.uvacreditunion.org
Call 24 Telephone Account Access
434-964-2050
The Credit Union Will Be Closed
Independence Day July 4 / Labor Day September 2
Columbus Day October 14 / Veterans Day November 11
Thanksgiving Day November 28 / Christmas Day December 25
6:00 to 7:30 p.m.
wednesday, july 17
College Funding
wednesday, july 24
Money Management
for Women
wednesday, August 7
Investment Basics
wednesday, august 28
Building a Budget
wednesday, september 18
How to Qualify for a
Mortgage
Tuesday, September 24
SEATING IS LIMITED.
Register at uvacreditunion.org or
call 434-964-2001 today!
kids, want to make and
manage money?
Watch Bizkid$
every saturday,
10:00 am, wvpt public
television to learn how.
Sponsored by UVA Community
Credit Union.
Learn to Be Money Smart at
Camp Millionaire
UVA Community Credit Union and the Virginia
Cooperative Extension are teaming up to teach
fifth through ninth graders to be financially
independent! Participants learn to earn, budget,
save, and invest through fun-filled games,
activities and group exercises.
Held at the Taylor Education Administration
Complex in Orange, this three-day camp, from
August 20 to August 22 between 9:00 am and
4:00 pm costs only $25.00.
Enrollment is on a first-come, first-serve basis.
Call 540-672-1361 to register or visit
uvacreditunion.org for more
information today.
Branch Locations
1936 Arlington Boulevard, 3300 Berkmar Drive,
1018 W. Main Street, 900 E. Jefferson Street, 250W Shoppes
at Clover Lawn (Crozet), 56 StoneRidge Drive South (Ruckersville),
6042 Thomas Jefferson Parkway (Palmyra), 3033 Rockfish Valley
Highway (Nellysford), 220 Wayles Lane (Pantops Mountain),
1.2 miles north of Lowes off Route 15 (Zion Crossroads),
409 E. Main Street (Louisa), Patriot Pride (A student-run branch
located in Albemarle High School), Lion Nation (A student-run
branch located in Louisa County High School)
This credit union is federally insured by the National Credit Union Administration.