NEWS 2YOU - Bragg Mutual Federal Credit Union
Transcription
NEWS 2YOU - Bragg Mutual Federal Credit Union
1 S T Thank You Volunteers! A Word From Your PRESIDENT "Not for profit, not for charity, but for service" has long been a credit union mantra. That philosophy is exemplified by our dedicated volunteers who serve on Bragg Mutual FCU’s committees and board of directors, and for that, we are grateful. As volunteers, they contribute their time and talents in service to members. Wake Up Dormant Accounts If you have forgotten money tucked away at Bragg Mutual FCU (or at any institution) it's time to sound the alarm and roust it out. Money not claimed can end up in state-run unclaimed property funds. According to the New York Times, "There are tens of billions of dollars sitting in the unclaimed property funds that states run, just waiting to be taken back by rightful owners who have lost track of various stock dividends, tax refunds, bank accounts and the like." If you think you have lost track of your credit union account, please contact us to verify its status. Having a dormant account means you are not taking full advantage of the credit union. Plus it's an expense to the credit union to maintain accounts, so it's to every members' benefit to keep them active. To check on other accounts, visit www.missingmoney.org, where you can find information and links to each state's website. NEWS2YOU Q U A R T E R E D I T I O N – M A R C H Unlike the directors at a bank, who are compensated and concern themselves primarily with the bank's shareholders, your credit union's directors have only the interest of you (our member/ owners) in mind. As careful stewards of the funds entrusted to the credit union, they base their decision-making on what's best for all members, not a select few. Elected 2 0 1 5 by fellow members, the board is responsible for the long-term success of Bragg Mutual FCU. Thank you to our volunteers! You are part of what makes our credit union unique. Sincerely Yours, R. Jean Stultz President/CEO MANAGEMENT R. Jean Stultz B. Eileen Donovan Jennifer D. Barwick President/CEO Vice President Operations/COO Vice President Finance/CFO Board of DIRECTORS Edwin S. Deaver Warne D. Mead Carl E. Mitchell Allen G. Piland Alan J. Asbury Harvey W. Raynor III John D. Szoka Chairman 1st Vice Chairman 2nd Vice Chairman Secretary Treasurer Director Director Your Board of Directors declared dividends as of Mar. 24, 2015 for the dividend period ending Mar. 31, 2015. The share accounts affected, the dividend Annual Percentage Rate (APR) and the Annual Percentage Yield (APY) are listed below. MASTER SHARE ACCOUNTS APR APY Balance Required .10 % .10% $300.00 or More INDIVIDUAL RETIREMENT ACCOUNTS APR APY Balance Required .10% .10% $300.00 or More These share accounts are variable rate accounts; the rates may change after the account is opened. For applicable fees and additional information, contact Christy Gaddy at (910) 488-3515 ext 224. Online Loan Application is Quick, Simple, and Secure tion also offers: 1. A simple and convenient loan application form that you can work on at your leisure and from any location. 2. Safety and Security - Your CU's technology guarantees the protection of your personal information as you submit your application and will never disclose your info to third parties. By getting the process started online, 3. Quick decisions - Once your online you will be more prepared - your application is complete and submitted, questions will be answered and you'll you won't have to wait long on a credit know ahead of time what you can af- decision. ford. For example, when car shopping, obtaining pre-qualification will allow Simply log on to your online banking acyou to cut out time-consuming hag- count, and navigate to the ‘Loan Application’ link on the left of the page. Enter gling at the dealership. the necessary informa tion, and submit Our credit union Online Loan Applica- your request. The loan application process is often a complex one, especially if you're seeking funding for a large purchase like a car. In order to create a less stressful and more streamlined experience, Bragg Mutual FCU suggests taking advantage of our Online Loan Application. Moving? Keep Us Posted. Springtime is the perfect time for moving. If you're planning a move, whether around the corner or across the country, it's important to let Bragg Mutual FCU know. Keep us in the loop so that we can keep your information up-to-date and secure. We also want to ensure that you are receiving any and all of your correspondence, from monthly statements to newsletters to inserts and notices, in a timely manner. Please alert us to any changes of the following: 1. Mailing Address 2. Phone numbers (landline, cell, and work) 3. E-mail address For your protection, please submit any change of address requests directly to your Credit Union in writing. For more information, questions, or to obtain the necessary forms, please call us or visit any branch location. Whether you need funds for a car or construction, motorcycle or medical expenses - we've got a loan for you. Our competitive interest rates and friendly service make us your one-stop shop when you need money. Talk to us about how a consolidation loan can put you back on track. Some department store charge cards carry interest rates as high as 23% APR. Need new wh eels? Whether you are buying a new vehicle or one that's just new to you, financing with the credit union can be a better deal, even if the dealer is touting 0.0% percent loans. Time to update your kitchen? A home equity loan is a smart way to borrow for home improvements. Remember, credit is our middle name, so think of us first when you need a loan. Don’t Forget... Bragg Mutual FCU is currently offering a $50 credit to the Master Share Account of any member with a Bragg Mutual FCU credit card who refers a family member or friend to join, apply and obtain their own BMFCU credit card. Once they use their card, you will be eligible to receive $50. Offer ends April 30, 2015. Holiday Closings Monday, May 25 Friday, July 3 Memorial Day Independence Day