a quarterly newsletter of launch federal
Transcription
a quarterly newsletter of launch federal
JULY 2014 APRIL 2015 A QUARTERLY NEWSLETTER OF LAUNCH FEDERAL CREDIT UNION GETTING READY FOR SUMMER FUN IS EASY WITH LAUNCH FCU Your home is your biggest investment, and you want to take care of it. With a Launch FCU Home Equity Line of Credit (HELOC) or a home equity loan, you can let your home help pay for its improvements. There are two ways you can borrow from your home’s equity. A home equity loan lets you borrow a lump sum and pay it back over a é[HGWHUPDWDé[HGLQWHUHVWUDWHOLNHD mortgage or car loan). A home equity line of credit (HELOC) works more like a credit card. It makes a certain amount of credit available on an as-needed EDVLVIRUDOLPLWHGWHUPVXFKDVéYH or 10 years, followed by a repayment period of up to 15 years. Its interest rate changes with the market. A home equity loan makes sense if you need a large amount all at RQFHIRUDVSHFLéFSURMHFW$+(/2& might make more sense if you need to borrow smaller amounts over a longer period. So if you need a new roof, air conditioner, want to update your kitchen or bathroom, or a pool VRXQGVWHUULéFWKHQLaunch FCU can help get the money you need. Launch FCU’s new higher limits on HELOC loans can give you the money for any VL]HSURMHFW<RXFRXOGEHUHDG\IRU summer fun quickly! Are you thinking of buying a home? ,I\RXoUHMXVWVWDUWLQJRXW/DXQFK)&8 KDVDéUVWWLPHKRPHEX\LQJSURJUDP that can help you. If you are looking for a larger place or a different location, talk to a member of the Launch FCU mortgage team. You could pay as little as 3% down on a mortgage, making your home purchase very affordable. “Apply For A Mortgage” button. Fill out the simple online application, and you’ll have a lot of your paperwork completed. Launch FCU mortgages are FRQYHQWLRQDOé[HGUDWHORDQVJLYLQJ you peace of mind. Your mortgage with Launch FCU will always be serviced here at your credit union because we won’t sell your mortgage. You’ll always be able to talk to us about your loan. Applying for a Launch FCU mortgage is easier than ever. You can apply in person or start the process from the convenience of your home, with the online mortgage application. Just go to www.launchfcu.com, Loans>Mortgage, and click on the Whether it’s a Home Equity Line of Credit (HELOC), a home purchase, DUHéQDQFHDORWORDQRUIRUDQ investment property, the Launch FCU Mortgage Team is here to help. Make an appointment with a Mortgage Specialist and arrange to meet at the Launch FCU branch nearest your location. With some of the lowest rates in years, ease, accessibility, and personal service gives your Launch FCU mortgage added value. Call 321-4559400 (inside Brevard) or 800-662-5257 (outside Brevard) option 4, and ask for the Mortgage Department. Launch FCU’s goal is to help you as you move into the future. Whether through technology or service, our objective is to help you go beyond. REFER A FRIEND AND GET TEN BUCKS /DXQFK)&8LVSURXGWREH\RXUéQDQFLDO LQVWLWXWLRQ%ULQJLQJ\RXJUHDWéQDQFLDO products with friendly, helpful service is our goal, so we can help you go beyond in life. We’d like to do the same for your friends and family. Now, when you refer a new member to Launch FCU and they open a checking account, we will deposit $10 into your Launch FCU savings account. Your friend or family member will have their membership fee waived, along ZLWKDOOWKHEHQHéWV of opening an account at Launch FCU. Pick up a form at any branch, or print a form from the website at www.launchfcu. com. Share Launch FCU’s commitment to our members, and refer your friends and family to Launch FCU. Give them the gift of credit union membership, with low rates, ORZIHHVDORQJOLVWRIEHQHéWVDQGJHW for yourself. SAVE MONEY, SAVE TIME, & WIN WITH BILLPAYER Have you enrolled in Launch FCU’s BillPayer? Now is the perfect time to eliminate a monthly pile of paperwork from your life and pay your bills online. Simply log into Online Banking through the Launch FCU website, www. launchfcu.com, and enroll in BillPayer. It’s safe, secure, and simple to use, and it’s FREE. Whether you want to pay a bill soon or schedule a payment for later, you’ll never have to mail a bill payment again. No more stamps or envelopes. If you’re not already enrolled in Online Banking, go to any branch to sign up. Then you simply log into Online Banking, click the BillPayer icon, and follow the instructions. Once you’ve enrolled, you can use it anywhere you are, whether you’re at a computer or using Mobile Banking on an iPad or smartphone. %LOO3D\HULVQRWMXVWIRUSD\LQJXWLOLW\ELOOVHLWKHU\RX can set small businesses and individuals as payees, and a check will be sent for you. There are specialized payment options available, such as Person-to-Person (POP) transfer, and H[SHGLWHGSD\PHQWWKDWPD\HQWDLODVPDOOIHH However, BillPayer itself is FREE, whether your payment is ACH or check. If you enroll now you’ll be eligible to participate in the great “It Pays Off To Use BillPayer” drawing! From April 1st through June 30th, all Launch FCU members who are signed up for BillPayer and pay at least one bill a month will be placed in a drawing to win an iPad mini™! If you’re already enrolled and using BillPayer, then you’re already entered. For complete rules, see our website at www.launchfcu.com. Use BillPayer today! FREE SHRED EVENTS AT SEVERAL LAUNCH FCU BRANCHES 'R\RXKDYHGRFXPHQWVROGELOOVRUROGWD[SDSHUVWKDWQHHGWREHVKUHGGHG" Launch FCU is sponsoring shred events for members, with a mobile shredding truck from Progressive Document Destruction to shred members’ personal documents at no charge. Paperwork will be shredded and destroyed prior to being recycled. You will be able to view your documents being shredded via a closed-circuit TV within the VKUHGGLQJFRPSDUWPHQW:HDVNWKDW\RXEULQJMXVWSDSHUPDWHULDODQGSOHDVH UHPRYHDQ\SODVWLFEDJVRURWKHUSODVWLF0DWHULDOWRVKUHGLVOLPLWHGWRéYH ER[HVRURWKHUFRQWDLQHUV Friday, April 17th 8:30 a.m.-10:30 a.m. Merritt Island branch 415 Fortenberry Road Friday, May 1st 3:00 p.m. to 5:00 p.m. Port St. John branch 7347 North Hwy. U.S. 1 Monday, May 18th 8:30 a.m. to 10:30 a.m. South Daytona branch 2290 S. Ridgewood Ave. LAUNCH FCU BRANCH COMING SOON TO ORANGE CITY /DXQFK)HGHUDO&UHGLW8QLRQLVH[SDQGLQJ with a new branch in Orange City in Volusia County. The new full-service branch will be located at the intersection of Harley Strickland Boulevard and Veterans Memorial Highway, in front of the West Volusia Towne Center and Kohl’s. It will feature a drive-thru, a drive-up ATM, ample parking, and safe GHSRVLWER[HV The new branch will allow consolidation of the nearby Deltona location at this new, larger branch. The building should be completed in summer of 2015. Watch our website, www.launchfcu.com, for information about the new Orange City branch’s Grand Opening Celebration. LAUNCH FCU CONGRATULATES FIRST SEMESTER “A POSITIVE FUTURE” PROGRAM WINNER In an effort to reward our local students who “make the grade” and encourage students to do well, Launch FCU presented student members with an opportunity to show us their “A’s”, and enter to win. One winner was drawn from submitted entries. Desiree W., a 10th grader from Edgewood Jr./Sr. High School in Merritt Island, won an iPad® Mini. &RQJUDWXODWLRQVWRRXUZLQQHUDQGJUHDWMREWRDOOZKRHQWHUHGIRUJHWWLQJWHUULéFJUDGHV.HHS working hard and enter again in June for our second semester “A Positive Future” drawing. GO WILD ABOUT SAVING WITH NATIONAL CREDIT UNION YOUTH MONTH Launch Federal Credit Union, along with credit unions around the country, recognize and understand the éQDQFLDOQHHGVRIRXU\RXWKDQGZRUNGLOLJHQWO\WRUHDFK out to them in fun, creative, and meaningful ways. One of the many youth-centered credit union initiatives is CUNA’s National Credit Union Youth Month. This April, youth can take a walk on the wild side at the FUHGLWXQLRQ:KHWKHUWKH\oYHEHHQWRWKHMXQJOHRUQRW the call of the wild is enticing to youth of all ages. This \HDUWKH\FDQFKHFNRXWWKHFUHGLWXQLRQoVéQDQFLDOPHnagerie without a trip to the banking zoo. During the month of April, youth will have the opportunity to go on safari at the credit union as Launch FCU celebrates National Credit Union Youth Month™. This year’s theme, “Wild About Saving™,” encourages youth to use resources available at the credit union to help them cut PROTECT YOUR VALUABLES WITH A SAFE DEPOSIT BOX Do you have valuables or important papers that you prefer not to keep at home? Whether it’s a will or a USB drive with WKHLUZD\WKURXJKWKHMXQJOHRI éQDQFLDOUHVSRQVLELOLW\%HIRUH long, they’ll be leading their own savings safari. Stop by Launch FCU and get in on the action! During the month of April, Launch FCU will celebrate with a special drawing for young members. Members under the age of 18 who make a deposit into their savings account, or new members under 18 who open their account during this month, will be entered into a special drawing for an iPad mini™. So all young zoologists should come into Launch FCU, and get wild about saving! NOTICE OF MAILING For auditing purposes, you may receive a letter from Hutto & Carver, P.A. If you receive this letter, please follow the LQVWUXFWLRQVDQGFRQéUP\RXUDFFRXQWEDODQFHV7KLVLVD legitimate mailing and your information will not be shared. EDFNXSéOHVDQGIDPLO\SKRWRV/DXQFK)&8FDQSURYLGH a secure location for your important items. Most branches KDYHVDIHGHSRVLWER[HVDYDLODEOHLQYDULRXVVL]HV&RPH to one of these branches and speak to a Member Service 5HSUHVHQWDWLYHWRéQGRXWDYDLODEOHVL]HVDQGDSSOLFDEOH charges. Available Locations South Daytona - DeLand Edgewater - Titusville Port St. John - Merritt Island Rockledge - Melbourne Palm Bay ATTEND THE ENTERPRISE USED CAR SALE MAY 15-16 Make plans to visit the Merritt Island branch on May 15th and 16th. Launch FCU is partnering with Enterprise Car Sales for a special sale. This sale will feature great deals on fully warranteed used vehicles. It will be a good opportunity for deals on JUHDWYHKLFOHVZLWKéQDQFLQJ\RXFDQDIIRUG Go to any branch, or call 321-455-9400 (inside Brevard) or 800-662-5257 (outside Brevard), opt. 4, and get pre-approved for a loan. You’ll know what your rate and payments will be ahead of time, and you’ll be able to shop for a vehicle with FRQéGHQFH)RUWKHPRVWFRQYHQLHQFHDSSO\IRU\RXUORDQ online at www.launchfcu.com. You’ll get a fast response and save yourself a trip to the credit union. WILL YOU BE TRAVELING? ALERT LAUNCH FCU Launch FCU and Visa try very hard to protect the safety of your credit and debit card. If your spending habits change suddenly, it can trigger a hold on your Visa credit or debit card. If you plan to be traveling, please notify Launch FCU. Just call a Member Service Representative at 321-4559400, option 3 (inside Brevard) or 800-662-5257, option 3 (outside Brevard). They will place a travel alert on your Visa account. This will prevent any interruptions in service while using your Visa card. Help Visa and Launch FCU keep your card secure. BRANCH HOURS M - W 9:00 A.M. - 5:00 P.M. TH & F 9:00 A.M. - 6:00 P.M. Drive-thru opens at 8:30 A.M. LOCATIONS VOLUSIA Coming Soon to Orange City! South Daytona 2290 S. Ridgewood Ave. r GET MONEY FOR ALL YOUR PROJECTS WITH A LAUNCH FCU SPRING LOAN. It’s springtime, and whether you want to spruce up your house or take a vacation, it’s time to make SODQV*HWWLQJWKHPRQH\IRUSURMHFWVRUDGYHQWXUHVLV simple with the Launch FCU Spring Loan. DeLand 301 W. New York Ave. 386-734-5200 Borrow up to $5,000* 12 Month Maximum Term* Rates as low as 7.99% APR* Available through April 30, 2015 Deltona* 2783 Elkcam Blvd., Ste. 101 386-917-0656 Edgewater 2810 S. Ridgewood Ave. 386-428-7098 BREVARD Titusville 3950 S. Washington Ave. 321-268-3070 APPLY ONLINE AT LAUNCHFCU.COM. USE THE E-SIGNATURE FEATURE TO SIGN FOR YOUR LOAN! APPLY AT ANY BRANCH, OR CALL: Port St. John 7347 N. Hwy. U.S. 1 321-639-0600 321-455-9400, Opt. 4 800-662-5257, Opt. 4 Merritt Island 415 Fortenberry Road 321-455-9400 or 800-662-5257 Rockledge 3300 Murrell Road 321-455-9400 Melbourne 2200 North Wickham Road 321-455-9400 Palm Bay 5225 Babcock St. NE 321-455-9400 RESTRICTED ACCESS BRANCHES KSC Headquarters Building* Room 1243, Kennedy Space Center M-F 8:00 a.m.-4:00 p.m. 321-455-9410 KSC Multi-Function Facility* Room 102, Kennedy Space Center M-F 8:00 a.m.-4:00 p.m. 321-455-9420 (Inside Brevard) (Outside Brevard) *APR = Annual Percentage Rate. Loans require credit approval. Term of loan limited to a maximum of 12 months; maximum loan amount $5,000. (Payment example: payments on a loan with a term of 12 months at 7.99% APR would be approximately $87.02 per $1,000 borrowed.) The rate you pay is based on credit history and term. One time $5 membership fee and $25 minimum deposit required to open account for new members. NEW BOARD MEMBERS ANNOUNCED AT LAUNCH FCU ANNUAL MEETING The Annual Meeting of the Membership was held February 18th at the La Cita Country Club in Titusville. Members voted for three of the candidates on February 17th at the branches and on the 18th prior to the meeting. -$OEHUW'LJJV-U&KDUOHV(-HQNLQV-UDQG<YRQQH3DUNHUZHUHHOHFWHGWRéOOWKUHH \HDUWHUPVRQWKH%RDUGRI'LUHFWRUV7KHPHHWLQJZDVZHOODWWHQGHGDQGHQMR\HG Several members won prizes at the event. *No Drive-thru Merritt Island Administration 300 S. Plumosa Street Merritt Island, Florida, 32952 321-455-9400 or 800-662-5257 EXECUTIVE OFFICERS Joe Mirachi, President/CEO Kevin LeBeau, CFO Margie Mitchell, COO Kevin Correa, CAO Queen Fisher, VP/Internal Audit Cindy Holmes, HR Director Kelly Haskins, Marketing Director Grady M. Hudson, IT Director Susan Smith, Compliance Director BOARD OF DIRECTORS Charles E. Jenkins, Jr., Chair Marilyn Cherubini, Vice Chair Dan Sicchio, Secretary Lonnie Blocker, Treasurer Delores Abraham J. Albert Diggs, Jr. 5REHUW*ULIéQ Yvonne Parker Nadine Parrish SUPERVISORY COMMITTEE Judith H. Zollinger, Chair S. David Banks L. Joanne Wilson Federally insured by NCUA DIVIDENDS ESTABLISHED Month Ending March 31, 2015 FREQUENTLY CALLED NUMBERS SAVINGS $25.00 - $199.99 (minor accts) $200 - $2,499.99 $2,500 - $9,999.99 $10,000 - $24,999.99 $25,000 - $49,999.99 $50,000 - $99,999.99 $100,000 and up RATE .10% .10% .10% .10% .10% .15% .25% APY* .10% .10% .10% .10% .10% .15% .25% CHECKING IRA HOLIDAY ACCOUNTS SECURED VISA ACCOUNT .10% .20% .15% .05% .10% .20% .15% .05% April 2015 IRA .20% .20% Call Center 321-455-9400, Option 3 (Inside Brevard County) HOLIDAY CLOSINGS All branches of Launch FCU will be closed on Monday, May 25th for Memorial Day. 1-800-662-5257, Option 3 (Outside Brevard County) VoiceTouch24 321-455-9400, Option 2 1-800-662-5257 Option 2 Visa (Lost/Stolen/Activation) 1-800-543-5073 *”APY” as used above means “annual percentage yield”. Contact a Credit Union employee for further information about applicable fees and terms. Dividends will be compounded monthly, and dividend rates may change monthly. Please see www.launchfcu.com, call 321-455-9400 or 1-800-662-5257, or inquire at your local branch for current rates. launchfcu.com