Money News

Transcription

Money News
Money News
A Quarterly Publication
Winter
13
Start Heading in the
RIGHT DIRECTION
Establish or re-establish your credit with a
CREDIT BUILDER LOAN
$1,000 • 12 months • 18% APR*
No Credit Check Required • Easy Qualifications**
APPLY ONLINE AT WWW.GOABCO.ORG/CREDITBUILDER
*APR=Annual Percentage Rate.
**Easy Qualifications: Must be employed for at least one year. Agree to payroll deduction for loan repayment. Have no other loans or
credit card balances with ABCO. Agree to opt out of Privilege Pay. Agree to save $5.00 per pay period to an ABCO savings account.
Not a guarantee of financing. Loan subject to Lending Department approval. There is a $35.00 processing fee.
goabco.org • 800-225-1859
Don’t let go…
F INANCIAL S ERVICES
Offered by
Roll over an existing IRA, increase your
contributions, change your options—
what to do?
Let CU Financial Insurance Group (CUFIG)
provide you with alternatives to help you
achieve your goals. Because we are a
wholly-owned subsidiary of ABCO,
you can trust us to put your interests first.
of your
retirement goals!
Hang on to your retirement goals.
Contact us for a no-obligation analysis.
Phone: 888-439-0770
Email: [email protected]
*Securities offered by Registered Representatives of ING Financial Advisers, LLC (IFA), member SIPC. Investment Advisory Services offered by Investment
Advisory Representatives of IFA. Insurance sold through licensed insurance representatives of various companies in association with CU Financial Insurance
Group (CUFIG), a wholly-owned subsidiary of ABCO Federal Credit Union. ABCO Federal Credit Union and its subsidiaries are not corporate affiliates of IFA.
Nondeposit investment products are not federally insured, not obligations of the Credit Union, not guaranteed by the Credit Union or any affiliated entity,
involve investment risks, including the possible loss of principal and may be offered by an employee who serves both functions of accepting member
deposits and selling nondeposit investment products. IFA products are not offered, recommended, sanctioned or encouraged by the NCUA or the Federal
Government. P.O. Box 221, Rancocas, NJ 08073; phone 1-888-439-0770; fax 856-439-1199.
*APR=Annual Percentage Rate. Rate as of 11/26/12. Not a guarantee of financing. The rate a member
pays is based on credit worthiness and some members may pay an annual fee. Balance transfers up
to member’s credit limit. Contact us for complete details.
Apply in Person • By Phone • Online
Resolve to Save Money in 2013.
Go to our website for examples or
call us to see how much you can save:
www.goabco.org/visabalancetransfer
NO Balance Transfer Fee
Earn Reward Points for Purchases
NO Annual Fee (for most cards)
Rates as low as 6.75% APR*
ABCO Visa® Credit Card
Warm Up to the Value of an
Federally insured
by NCUA
P.O. Box 247 • Rancocas, NJ 08073-0247
Big City Efficiency…Small Town Friendliness
IMAGE.WORKS
53719
PAID
PRSRT STD
U.S. POSTAGE
MOVE or IMPROVE?
ABCO Has
You Covered
BUY NOW
Rates are low and home values are expected to appreciate. Finance your
home with ABCO and take advantage of:
• Competitive rates
• Low down payment for qualified borrowers*
• Minimal closing fees
• A variety of financing options
Mortgage Options
• Conventional Fixed-Rate Mortgages
• Adjustable-Rate Mortgages
• FHA (Federal Housing Administration) Loans
Need to make some repairs to your
heating system, replace drafty windows or get a
new roof? Whatever improvements you’re
looking to make to your home, our home
improvement loan* is a great way to finance it.
Borrow up to $25,000 at 2.99% APR** for
up to 48 months.
More information and an application form is available online at
www.goabco.org/mortgages
Not sure which mortgage type is right for you?
Call 866-441-8632.
HOME IMPROVEMENT LOAN
More information and an application form is
available by phone or online at
www.goabco.org/homeimprovement
*Subject to credit approval. Must be a homeowner to qualify. Documentation/
estimates of work to be done to home must be supplied for disbursal of this loan.
Other conditions may apply.
**APR=Annual Percentage Rate
*Based on a member’s credit worthiness and other factors.
I NSURANCE S ERVICES
888-439-0770
goabco.org/insurance
Offered By:
Available Now!
Teachers’ Insurance Plan of NJ Auto Insurance Discount
Special low discount rates are now available for people who work for or
are retired from an accredited NJ school, district or diocese, or
who are a member of an NJ Parent Teachers Association.
You don’t have to wait until your current policy expires
to start saving on your rates.
Not in the education field?
You can still save. Ask us about other insurance plans
for auto, vehicles (truck, van, motorcycle, SUV), home, even your pet!
Insurance products are offered through various insurance companies in association with CU Financial Service Group, LLC, a wholly-owned subsidiary of ABCO Federal Credit Union
(ABCO FCU). ABCO FCU provides insurance products and services through CUFIG to members and non-members without opinion to the product or service provided.
Insurance products are not federally insured and not obligations of ABCO FCU, CUNA, or any other affiliated entity.
For complete details and a quote contact us: Phone: 888-439-0770 • Email: [email protected]
Avoid Dormant Account Fees and Escheat (sending the funds to the state)
MAILING ADDRESS
P.O. Box 247, Rancocas, NJ 08073-0247
goabco.org
Like Us
PHONE (ALL LOCATIONS)
800-225-1859
MEMBER CARE
Email: [email protected]
24/7 TOUCH-TONE TELLER
800-808-2226
OTHER SUPPORT NUMBERS
Visa® – Evenings, Weekends and Holidays
Visa® Credit Card........................800-453-4270
Visa® ATM/Check Card..............800-523-4175
Bill Payer........................................877-760-6004
OFFICE LOCATIONS
WILLINGBORO AREA
MAIN OFFICE
FULL SERVICE BANKING CENTER
690 Beverly-Rancocas Road
LENDING CENTER
East Ridge Shopping Center
621 Beverly-Rancocas Road
RANCOCAS VILLAGE
215 Main Street
BRANCH OFFICES
ATLANTIC CITY
2652 Atlantic Avenue
BROWNS MILLS
81 Pemberton-Browns Mills Road
Dormant accounts are defined as accounts that have had no activity on shares/
savings or loans for a period of 12 months or more. When this inactivity period
has been reached, we will begin to notify you that your account has fallen into
the dormant status. This means that unless activity resumes, your account may
be subject to fees and ultimately escheated. Accounts that remain inactive will be
assessed a monthly fee of $15 beginning with the 18th month of inactivity. Also,
New Jersey statutes require that any account that remains inactive for a three-year
period is escheated (the funds are sent) to the State Treasury Department.
These actions are easily avoidable by simply utilizing the products and services
that ABCO membership provides. You also have the option to close your account.
To find out more about all our services, please visit our website, goabco.org, or call
Member Care at 800-225-1859.
ABCO Helps Finance New Clean Energy Vehicles
Through a joint venture with the Atlantic City Jitney Association, ABCO has helped
jitney association drivers finance new clean energy vehicles. The new fleet of 190
vehicles is clean-running, cost-efficient, domestically-fueled, Compressed Natural
Gas-powered jitney shuttle buses. It is reported that the fleet conversion is the
largest ever on the East Coast.
The word “jitney” is a slang word for nickel, which is what it cost in 1915 for a ride in
one of Atlantic City’s earliest “buses.” Even though the price has increased, the name
stuck. The first jitneys looked very similar to regular cars and were, in fact, large,
black Ford model-T touring cars which used a rope-and-pulley system to open
the back doors. Now you can ride around Atlantic City and even to the airport in a
modern eco-friendly vehicle.
The Atlantic City Jitney Association, established in 1915, claims to be the longestrunning unsubsidized transit company in the United States. ABCO has had a strong
relationship with the Jitney Association, its drivers and staff—most of whom are
credit union members. We are proud to have helped our members and helped
the environment.
COOPER HOSPITAL
(Hospital Employees Only)
1 Cooper Plaza, Camden
Pictured are the Treasurer of the Atlantic City Jitney
Association, Frank Becktel, and President Tom Woodruff,
celebrating the grand opening of the new Compressed
Natural Gas (CNG) station that will provide power to the
new Atlantic City Jitney fleet.
EGG HARBOR TWP.
6716 Black Horse Pike, Suite 8
GLASSBORO
Doubletree Center, 870 Delsea Drive
MOUNT HOLLY
76R High Street
RIDER UNIVERSITY
Ground Floor of the BLC
Next to University Bookstore
FOR CURRENT HOURS OF OPERATION
AND DIRECTIONS TO OFFICES
Go online @ goabco.org or call us.
ABCO FCU’s ROUTING
AND TRANSIT NUMBER
2312-7827-4
The new, Compressed
Natural Gas-powered jitney.
ABCO FCU is not responsible for typographical errors, omissions or misprints in this publication.
The Early Bird Gets the Scholarship Money
Have a child in 6th to 11th grade?
Learn the secrets of success in winning scholarships and
reasons for planning early in your search for financial support.
Free Seminar
Date: March 12, 2013 • Time: 6:30 – 8:00 pm
Place: Carlucci’s Waterfront Restaurant, Mt. Laurel, NJ
Topics To Be Covered
• An introduction to the wide-ranging scope of scholarships and grants
• Financial aid and other financial support systems
• The application
• Financial planning—Find out ways to maximize your savings and
alternative ways to fund the expenses that scholarships and grants
do not.
A Question and Answer Period will follow. Handouts will be provided
Co-Presenter—Eric Lorenz
Eric Lorenz is the Financial and Investment Specialist for
CU Financial Insurance Group, a wholly-owned subsidiary
of ABCO FCU. Eric brings more than 10 years of financial
planning and investment management experience.
Special Guest Presenter—Helena Kosoff
A former Superintendent of the Springfield Township,
NJ School District, she currently serves non-profit
agencies as a professional grant writer and
educational consultant.
Registration Form
This fast-paced, one-hour seminar is FREE to credit union
members, their families and friends. Light refreshments will be
served. Space is limited. Advance registration is required.
Yes, I/we would like to attend The Early Bird Gets the Scholarship Money
Name
Mail:ABCO FCU, P.O. Box 247, Rancocas, NJ 08073
Attn. Early Bird
Fax: 609-261-4785
Email: [email protected]
Street Address
Questions:Contact Eric Lorenz 888-439-0770 or
Email: [email protected]
Reserve by:March 5, 2013
Cell Phone
ANNUAL
MEETING
Tuesday, March 26, 2013
Time:
6:30 pm - Meeting
7:00 pm - Dinner
Place:
Carlucci’s Waterfront
876 Centerton Rd.
Mt. Laurel, NJ
City/State/Zip
Home Phone
Email Address
No. of People Attending
DINNER RESERVATION FORM
Price:
$25 per person
Spouses, friends
and guests
are welcome.
To attend you
must return the
Reservation Form
at right by
March 18, 2013
Deadline: March 18, 2013
Names of Members and Guests:
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
TOTAL NUMBER ATTENDING _____ @ $25.00 each
AMOUNT TO BE ENCLOSED OR DEBITED $_______
Method of payment—Check one:
Share Draft/Check Enclosed for $ _________
Please debit $ _________ from my:
Share Draft Account
Share Account
Name ___________________________
Signature _________________________
Date ____________________________
Bring form to: any Branch Office • Fax to: 609-518-6958
Mail to: ABCO Federal Credit Union, P.O. Box 503, Rancocas, NJ 08073
ABCO FCU Co-CEO Ellen Kuiper Named a
South Jersey Biz Magazine’s Executive of the Year
The editors of South Jersey Biz magazine asked their readers to
nominate 20 business leaders who have been at the front of
industry changes and economic growth.
Ellen Kuiper, President and co-CEO of ABCO Federal Credit Union,
was among the 20 business leaders chosen as 2012 Executive of
the Year. She was also featured on the magazine’s cover.
Mrs. Kuiper likes to say she’s done every job there is at ABCO, and
she’s not exaggerating. Now in her 41st year with the company,
she got her start when she was just 17, working out of CEO
Milton Hershberger’s garage. Now out of the garage, ABCO has
grown to nine branches located throughout South Jersey and has
grown to $175 million in assets. Mrs. Kuiper went from being the
first and only employee to overseeing the 78 now working under
the company’s umbrella.
“We work as a team and everyone deserves credit to what this has
now become,” Mrs. Kuiper likes to say. “I love every minute of it.”
Member Appreciation Week Winners
ABCO Adds Two to Business Department
To celebrate International Credit Union Week, October 15-20,
2012, ABCO held celebrations and drawings at all the branch
offices. Here are a few of the winners.
ABCO’s Business Department is growing. As of
January 2013, two new people will be on board to
serve the business community.
Julia Day (Mt. Holly branch) presents the $500
Members Matter Most Sweepstakes check
to Lewis L. Price III. Lewis has been an ABCO
member for over 20 years.
John C. Hall is the Director of Business Development
and Government Relations. As such he will be
responsible for developing relationships with
school districts and municipalities for deposits
and lending needs. He previously held the
position of Vice President, Government Banking
with Beneficial Bank.
Robert H. King is the Director of Commercial
Lending. He was previously a Senior Vice President
of Roma Bank where he served as the leader of
the bank’s Southern Region Commercial Loan
Center. Mr. King has held executive positions
within the Delaware Valley banking community
for over 30 years.
Tracy Adams (Glassboro branch) presents
an iPad® to Laura Kramer. Laura, who’s
been a member for only eight months,
had this to say: “I like all of the benefits
and perks of being with ABCO. I would
recommend and encourage all of my
friends to join.”
Barbara A. King won a $5 Wawa
gift card on the prize wheel at
our Browns Mills branch.
I. E. Parker won an AMC movie ticket on
the prize wheel at our Mt. Holly branch.
John C. Hall
Robert H. King
Director of Business
Development and
Government Relations
Director of
Commercial Lending
Do You or a Family Member Belong to Another Credit Union?
ABCO FCU is now part of a national network of cooperative
credit unions, providing free, easy-access member accounts at
shared branching locations across the tri-state area, the country
and the world. At member credit unions that display the CUSC
logo, you can now enjoy a host of services, just like you would
at your home credit union. These include: deposits, withdrawals,
transfers between accounts, loan payments and more.
For more information and a list of participating credit unions,
visit www.cuservicecenter.com.
goabco.org • 800-225-1859

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