is too much! - RiverLand Federal Credit Union
Transcription
is too much! - RiverLand Federal Credit Union
FIRST CLASS U.S. POSTAGE FEDERAL CREDIT UNION PAID 639 Loyola Ave • Suite 220 New Orleans, LA 70113 7.9 IMAGE.WORKS 53719 Swipe Your Way into Summer Fun with Our Board of Directors The management team and staff would like to recognize and say ”Thank You!” to the volunteers who have given selflessly of their time serving RiverLand Federal Credit Union. Volunteer service is an integral part of what distinguishes credit unions from “for profit” financial institutions. RiverLand continues to maintain an outstanding reputation with its members and among peers. Without the dedication of our Board of Directors and Audit Committee, individuals who volunteer their service without pay, RiverLand would not be the viable financial institution that it is today. Please join us in acknowledging our volunteers and saying “Thank You!” Standing from left: Brian Burns, Jules Graham, Doug Boss & Russell Jackson. Seated from left: Jack Hanemann, Rochelle Oatis & Chris Clement. Board of Directors Audit Committee Brian Burns, Chairman Russell Jackson, Vice Chairman Chris Clement, Secretary Doug Boss, Treasurer Jules Graham Jack Hanemann Rochelle Oatis Appointed by the Board of Directors % Platinum Card! APR* July 2015 www.riverlandfcu.org FEDERAL CREDIT UNION The quarterly newsletter of RiverLand Federal Credit Union Swipe Your Way 7.9 into Summer Fun with Our Kim Rivero, Chairman Amy Amerson Robert T. Spencer, Jr. Frank Williford % APR* Platinum Card! 2016 Election of Officials Election Procedures Credit Union members wishing to be considered for volunteer service on the Board of Directors should review the information and procedures outlined below. Any member or incumbent wishing to be considered for a volunteer position must petition the Nominating Committee no later than August 31, 2015. At the 2016 Annual Meeting, three positions on the Board of Directors, each having a three-year term, will be filled. According to the bylaws addressing election procedures, each year 1) members will be notified of the upcoming election and of the positions to be filled. Election at the Annual Meeting will be by ballot. There will be no nominations from the floor at the Annual Meeting. Instructions for voting by absentee ballot will be included in the October newsletter. Petitions must be in writing and sent to: Nominating Committee 1 2 3 4 Has a good credit standing and agrees to a credit investigation. Is willing to accept the responsibilities of elected or appointed office. Will be able to act independently and objectively regardless of external relationships with other Directors and employees. 5 Is not an employee of this or a competing financial institution. 6 Has not been a management employee of this Credit Union for at least twelve (12) months prior to the election date. 7 Understands the expectations of regular meeting attendance and the pursuit of educational opportunities relating to their Credit Union responsibilities. Anything is too much! Mike Bermingham, Chairman RiverLand Federal Credit Union Mail: Interoffice Mail: Email: 639 Loyola Ave. - Suite 220 New Orleans, LA, 70113 L-ENT-RCU [email protected] In order to be considered for volunteer service, all candidates must meet specific minimum qualification standards. Each petition submitted to the Nominating Committee must be in writing and must state, at least, that the candidate: ossesses areas of knowledge, experience or interest pertinent to the P Credit Union’s future (please attach resumé). What is your checking account costing? Switch to RiverLand’s Totally FREE Checking and Enjoy: 4 NO Monthly Service Charges 8 Understands and accepts the commitment of time for attendance at regular meetings, special meetings, planning seminars, and educational workshops. 9 Has not been removed, as an elected official, for cause, for at least three (3) years prior to petitioning for nomination. 4 NO Minimum Balance Requirements Is agreeable to nomination and will serve if elected to office. 4 NO Minimum Transaction Requirements 10 11 Notification will be mailed by September 15th to those candidates that do not meet the minimum standards. 12 The Nominating Committee will begin accepting petitions to determine the committee’s selection for nominations and the entire slate of candidates will be included in the October newsletter. 13 If you have any questions concerning the election process for submitting petitions for the Board, contact Carol Irby, RiverLand President/CEO, at 504.576.5800. 4 NO Per-Item Transaction Charges 4 NO Direct Deposit Requirements 4 PLUS, Overdraft Protection & Courtesy Pay are Available Stop Sweating High Rates with our Platinum MasterCard®! Enjoy the Same Low Rate for: Purchases • Cash Advances • Balance Transfers Escape from high rates and annual fees and make this summer more affordable with our Platinum MasterCard®! Featuring our lowest credit card rate ever, our Platinum MasterCard® has a minimum credit limit of $10,000. Plus, it’s loaded with premium perks to help you save money. And, if you’re paying a higher rate on your existing credit card balances, transfer your balances to our Platinum Card today! With no balance transfer fees, you’ll love the savings. Add more fun to your summer when you transfer your card balances and save with… • No Annual Fee • No Balance Transfer Fee • No Over-the-Counter Cash Advance Fee • No Inactivity Fee • Same Low APR* on ALL Transactions Don’t wait, apply today! www.riverlandfcu.org • 504.576.5800x2 • 800.586.4RCU(4728)x2 *APR=Annual Percentage Rate. This rate is for qualifying borrowers for a limited time. Restrictions and limitations apply. Call for details. For terms and conditions, see the RiverLand Federal Credit Union Platinum MasterCard® online application. MasterCard® and the MasterCard® Brand Mark are registered trademarks of MasterCard® International Incorporated. What is your checking account costing? Anything is too much! Switch to RiverLand’s Totally FREE Checking and Enjoy: 4 NO Monthly Service Charges 4 NO Per-Item Transaction Charges 4 NO Minimum Balance Requirements 4 NO Minimum Transaction Requirements 4 NO Direct Deposit Requirements 4 PLUS, Overdraft Protection & Courtesy Pay are Available 888 FOR EVERYONE Today Jason…. Shared Branching Checking Accounts Checking Accounts With Courtesy Pay Money Market Checking Accounts Debit Cards FREE ATM Services Online Imaged Check Copies Internet Banking Internet Bill-Paying Service Mobile Banking Money Manager Electronic Account Statements Electronic Account Transfers “TONEY” Audio Response Teller (24/7) Internet Website Direct Deposit & ACH Deposits Phone Withdrawals & Transfers Lifetime & Full Family Membership Checked his recent credit card activity Compared his vacation spending to his budget Checked his account balance And transferred money to his checking account 4 FREE Nationwide ATMs – 75,000 4 FREE Online Banking & Bill Pay, Mobile & Phone Banking FREE Online Banking — 4 FREE Debit Card & Debit Transactions at home, at work, or even on vacation! 4 FREE E-Alerts & TextRCUu 4 FREE Money Manager 4 FREE E-Statements & E-Documents However you choose, we offer you a variety of FREE options for accessing your checking account! Free Debit Card No Minimum Transactions Required Free Convenient Access 75,000+ ATMs 5,000+ Branches Free Online Banking Online Bill Pay E-Statements Free Secure, Easy, and Convenient MasterCard® and the MasterCard® Brand Mark are registered trademarks of MasterCard® International Incorporated. To open your checking account visit us online or call to request an application: www.riverlandfcu.org • 504.576.5800x3 • 800.586.4RCU(4728)x3 Main Office • 504.576.5800 • 800.586.4RCU (4728) 639 Loyola Ave. ∙ Suite 220 ∙ New Orleans, LA 70113 9 a.m. – 4 p.m. ∙ Mon - Fri ATM Location – 6 a.m. – 6 p.m. Total Total Total Total Fast Loan Approvals Loans-By-Phone Application Processing Secure Internet Application Processing Free New Car Cost Values – Online & Fax Free Used Car Values – Online & Fax ADDITIONAL SERVICES Dormant Account Fee Reminder Account Disclosures A dormancy fee of $25 will be assessed monthly on any deposit or share account with a balance of less than $100 that has not had a memberinitiated transaction within the past 12 months. In order to avoid the dormancy fee, we encourage you to activate your account. Please call one of our friendly Member Service Representatives to discuss your options. RiverLand’s account disclosures are always available to members upon request. Disclosures include the Membership & Account Agreement, Funds Availability Policy, Privacy Policy, Electronic Funds Transfer Agreement & Disclosure, Truth-in-Savings Disclosure, Fee Schedule, Business Continuity Plan, and others. If you would like a copy of any disclosure, you may obtain one from our website (www.riverlandfcu.org) or call one of our friendly Member Service Representatives, and we will be glad to mail one to you. Assets Deposits Loans Members Wire Transfers of Funds Western Union Wires U.S. Savings Bonds Redemption Official Checks Gift Cards Money Orders TurboTax® for the Web Postage Stamps Quarterly Newsletter Courteous, Professional Service INSURANCE SERVICES Free Accidental Death & Dismemberment Insurance Affordable Auto, Home, & Personal Lines MEMBERS® Financial Services May 2014 $195,795,016 $190,248,812 $170,689,441 $167,790,722 $165,138,179 $160,425,913 14,281 14,151 CURRENT RATES Annual Percentage Rate New, Used & Refinanced - Cars, Trucks, & SUVs (100% financing/60 months/with automated payments) 1.99%** as low as New, Used, & Refinanced - Recreational Vehicles such as Boats, Motorcycles, RVs, ATVs, Motor Homes, & Tractors (100% financing/60 months/with automated payments) 3.99%** as low as Home Equity Loans rates as low as prime minus .25% Signature Loans (12 months) 5.99%* Signature Loans (48 months) 7.99%* MasterCard® (no annual fee) Platinum 7.90% For a complete list of loan rates and terms, call or visit us online. *Loan rates are adjustable and subject to change. **“As low as” rate is subject to borrower’s credit history, repayment term, and collateral. This rate is available for a limited time to qualifying borrowers with qualified automated payments and may increase if qualified automated payments cease. Example: 60 monthly payments of $17.52 per $1,000 borrowed at 1.99% APR or 60 monthly payments of $18.41 per $1,000 at 3.99% APR. Refinancing excludes current RiverLand loans. Rates are subject to change without notice. Restrictions and limitations apply. Call for details. SHARE (SAVINGS) ACCOUNTS Dividend rates are declared monthly. Earnings are paid on the last day of the month and are compounded monthly. Below are rates paid during the 2nd quarter of 2015 on accounts with balances of $105 or more: Briefs May 2015 New & Used Car, Truck, Boat, Motorcycle, RV, & ATV Loans New & Used Car Refinancing Home Equity Loans Home Mortgages MasterCard® Accounts (Platinum, Gold, Classic, & Secured) RCAs (Revolving Credit Accounts) Seasonal Loans (low rate/12 months) Signature Loans Consolidation Loans Tuition Loans Savings & Certificate Secured Loans GAP Vehicle Loan Protection Mechanical Repair Coverage for Vehicles Low Cost – Credit Life Insurance Low Cost – Credit Disability Insurance Entergy Inter-Office Mail Unit L-ENT-RCU Entergy UDC 8.576.5800 STATISTICS LOAN RATES LOAN SERVICES Enroll today at www.riverlandfcu.org Mobile Banking Phone Banking E-Alerts & TextRCU President/CEO Carol L. Irby Chief Financial Officer Lori Lassere-Bourg Vice President of Operations Rhonda Cubbedge Vice President of Marketing Charmaine Bocage Russo Vice President of Lending Patricia Unsworth Vice President of Info Technology George Lunsford Savings Accounts Money Market Accounts Certificate Accounts HSAs (Health Savings Accounts) Christmas Club Accounts IRAs (Individual Retirement Accounts) FOR THE BORROWER 4 FREE Shared Branches Nationwide – 5,000 LOCATIONS, HOURS & PHONES FOR THE SAVER Casualty Coverage Accounts All before his first piña colada! MANAGEMENT STAFF MEMBER SERVICES SHARE CHRISTMAS CLUB APR • APY APR • APY April, May, & June .25% • .25% $105 - $9,999 .10% • .10% $10,000 or more .25% • .25% APY=Annual Percentage Yield INVESTMENT ACCOUNTS Dividend rates on investment accounts are reviewed each Wednesday. Rates shown below were paid June 24, 2015. Yields reflect monthly compounding. The minimum balance requirement on most investment accounts is $1,000 (see Truth-in-Savings Disclosure for complete information). Annual Annual TERM/TYPE RATE YIELD 72-month certificate 1.98% 2.00% 60-month certificate 1.69% 1.70% 36-month certificate .99% 1.00% 24-month certificate .84% .85% 18-month certificate .64% .65% 12-month certificate .49% .50% 6-month certificate .34% .35% 3-month certificate .25% .25% Money Market IRA .99% 1.00% Money Market Savings $1,000 and more .39% .40% Money Market Checking .15% .15% HSA 1.49% 1.50% Early withdrawal penalties may apply; see account disclosures. Early withdrawal penalties may apply, see account disclosures. Gretna Office • 504.365.3646 1001 Virgil St. ∙ Gretna, LA 70053 9 a.m. – 4 p.m. ∙ Mon - Fri Jackson Office • 601.368.5200 1340 Echelon Pkwy. · Jackson, MS 39213 9 a.m. – 4 p.m. · Mon - Fri ATM Location – Office hours Jefferson Office • 504.840.2600 4809 Jefferson Hwy. ∙ Jefferson, LA 70121 9 a.m. – 1:50 p.m. & 2:30 – 4 p.m. ∙ Mon - Fri ATM Location – 24 hours Morgan City Office • 985.380.8017 1234 David Dr. ∙ Suite 107 ∙ Morgan City, LA 70380 9 a.m. – 4 p.m. · Mon - Fri Port Gibson Office • 601.437.6472 Grand Gulf Nuclear Station 7003 Bald Hill Rd. ∙ Port Gibson, MS 39150 9 a.m. – 4 p.m. ∙ Mon - Fri Taft Office • 504.739.6860 Waterford 3 ∙ 17265 River Rd. ∙ Killona, LA 70057 9 a.m. – 1:50 p.m. & 2:30 – 4 p.m. ∙ Mon - Thurs (Closed Fridays) ATM Location – 24 hours Woodlands Office • 281.297.5556 10055 Grogan’s Mill Rd. ∙ The Woodlands, TX 77380 9 a.m. – 1:50 p.m. & 2:30 p.m. – 4 p.m. ∙ Mon - Fri ATM Location – Office hours Shared Branch Locations – More Than 5,000 Nationwide Toll Free: 888.SITE.COOP (888.748.3266) Website: www.riverlandfcu.org Mon - Fri Hours: Vary by location Saturday Hours: Vary by location Baton Rouge Hammond Harvey LaPlace Mandeville Metairie Slidell 7018 Siegen Ln. 1115 W. University Ave. 1530 Lapalco Blvd. - #5 350 Belle Terre Blvd. 1291 N. Causeway Blvd. - #3 5500 Veterans Blvd. - #100 1512 Gause Blvd. Free ATM Locations – More Than 75,000 Nationwide Toll Free: 888.SITE.COOP (888.748.3266) Website: www.riverlandfcu.org Loans by Phone & Internet 504.576.5800x2 · 800.586.4RCU(4728)x2 Website: www.riverlandfcu.org “TONEY” Audio Response 504.525.9447 ∙ 800.648.2342 MasterCard® Debit & Credit Card – 24 Hours Lost or Stolen Card Declined Card Blocked Card 800.682.6075 888.526.0404 800.411.8498 Fax 504.576.5805 Website www.riverlandfcu.org HOLIDAY CLOSINGS Year 2015 September 7th November 26th December 24th December 25th Labor Day Thanksgiving Day Christmas Eve Christmas Day What is your checking account costing? Anything is too much! Switch to RiverLand’s Totally FREE Checking and Enjoy: 4 NO Monthly Service Charges 4 NO Per-Item Transaction Charges 4 NO Minimum Balance Requirements 4 NO Minimum Transaction Requirements 4 NO Direct Deposit Requirements 4 PLUS, Overdraft Protection & Courtesy Pay are Available 888 FOR EVERYONE Today Jason…. Shared Branching Checking Accounts Checking Accounts With Courtesy Pay Money Market Checking Accounts Debit Cards FREE ATM Services Online Imaged Check Copies Internet Banking Internet Bill-Paying Service Mobile Banking Money Manager Electronic Account Statements Electronic Account Transfers “TONEY” Audio Response Teller (24/7) Internet Website Direct Deposit & ACH Deposits Phone Withdrawals & Transfers Lifetime & Full Family Membership Checked his recent credit card activity Compared his vacation spending to his budget Checked his account balance And transferred money to his checking account 4 FREE Nationwide ATMs – 75,000 4 FREE Online Banking & Bill Pay, Mobile & Phone Banking FREE Online Banking — 4 FREE Debit Card & Debit Transactions at home, at work, or even on vacation! 4 FREE E-Alerts & TextRCUu 4 FREE Money Manager 4 FREE E-Statements & E-Documents However you choose, we offer you a variety of FREE options for accessing your checking account! Free Debit Card No Minimum Transactions Required Free Convenient Access 75,000+ ATMs 5,000+ Branches Free Online Banking Online Bill Pay E-Statements Free Secure, Easy, and Convenient MasterCard® and the MasterCard® Brand Mark are registered trademarks of MasterCard® International Incorporated. To open your checking account visit us online or call to request an application: www.riverlandfcu.org • 504.576.5800x3 • 800.586.4RCU(4728)x3 Main Office • 504.576.5800 • 800.586.4RCU (4728) 639 Loyola Ave. ∙ Suite 220 ∙ New Orleans, LA 70113 9 a.m. – 4 p.m. ∙ Mon - Fri ATM Location – 6 a.m. – 6 p.m. Total Total Total Total Fast Loan Approvals Loans-By-Phone Application Processing Secure Internet Application Processing Free New Car Cost Values – Online & Fax Free Used Car Values – Online & Fax ADDITIONAL SERVICES Dormant Account Fee Reminder Account Disclosures A dormancy fee of $25 will be assessed monthly on any deposit or share account with a balance of less than $100 that has not had a memberinitiated transaction within the past 12 months. In order to avoid the dormancy fee, we encourage you to activate your account. Please call one of our friendly Member Service Representatives to discuss your options. RiverLand’s account disclosures are always available to members upon request. Disclosures include the Membership & Account Agreement, Funds Availability Policy, Privacy Policy, Electronic Funds Transfer Agreement & Disclosure, Truth-in-Savings Disclosure, Fee Schedule, Business Continuity Plan, and others. If you would like a copy of any disclosure, you may obtain one from our website (www.riverlandfcu.org) or call one of our friendly Member Service Representatives, and we will be glad to mail one to you. Assets Deposits Loans Members Wire Transfers of Funds Western Union Wires U.S. Savings Bonds Redemption Official Checks Gift Cards Money Orders TurboTax® for the Web Postage Stamps Quarterly Newsletter Courteous, Professional Service INSURANCE SERVICES Free Accidental Death & Dismemberment Insurance Affordable Auto, Home, & Personal Lines MEMBERS® Financial Services May 2014 $195,795,016 $190,248,812 $170,689,441 $167,790,722 $165,138,179 $160,425,913 14,281 14,151 CURRENT RATES Annual Percentage Rate New, Used & Refinanced - Cars, Trucks, & SUVs (100% financing/60 months/with automated payments) 1.99%** as low as New, Used, & Refinanced - Recreational Vehicles such as Boats, Motorcycles, RVs, ATVs, Motor Homes, & Tractors (100% financing/60 months/with automated payments) 3.99%** as low as Home Equity Loans rates as low as prime minus .25% Signature Loans (12 months) 5.99%* Signature Loans (48 months) 7.99%* MasterCard® (no annual fee) Platinum 7.90% For a complete list of loan rates and terms, call or visit us online. *Loan rates are adjustable and subject to change. **“As low as” rate is subject to borrower’s credit history, repayment term, and collateral. This rate is available for a limited time to qualifying borrowers with qualified automated payments and may increase if qualified automated payments cease. Example: 60 monthly payments of $17.52 per $1,000 borrowed at 1.99% APR or 60 monthly payments of $18.41 per $1,000 at 3.99% APR. Refinancing excludes current RiverLand loans. Rates are subject to change without notice. Restrictions and limitations apply. Call for details. SHARE (SAVINGS) ACCOUNTS Dividend rates are declared monthly. Earnings are paid on the last day of the month and are compounded monthly. Below are rates paid during the 2nd quarter of 2015 on accounts with balances of $105 or more: Briefs May 2015 New & Used Car, Truck, Boat, Motorcycle, RV, & ATV Loans New & Used Car Refinancing Home Equity Loans Home Mortgages MasterCard® Accounts (Platinum, Gold, Classic, & Secured) RCAs (Revolving Credit Accounts) Seasonal Loans (low rate/12 months) Signature Loans Consolidation Loans Tuition Loans Savings & Certificate Secured Loans GAP Vehicle Loan Protection Mechanical Repair Coverage for Vehicles Low Cost – Credit Life Insurance Low Cost – Credit Disability Insurance Entergy Inter-Office Mail Unit L-ENT-RCU Entergy UDC 8.576.5800 STATISTICS LOAN RATES LOAN SERVICES Enroll today at www.riverlandfcu.org Mobile Banking Phone Banking E-Alerts & TextRCU President/CEO Carol L. Irby Chief Financial Officer Lori Lassere-Bourg Vice President of Operations Rhonda Cubbedge Vice President of Marketing Charmaine Bocage Russo Vice President of Lending Patricia Unsworth Vice President of Info Technology George Lunsford Savings Accounts Money Market Accounts Certificate Accounts HSAs (Health Savings Accounts) Christmas Club Accounts IRAs (Individual Retirement Accounts) FOR THE BORROWER 4 FREE Shared Branches Nationwide – 5,000 LOCATIONS, HOURS & PHONES FOR THE SAVER Casualty Coverage Accounts All before his first piña colada! MANAGEMENT STAFF MEMBER SERVICES SHARE CHRISTMAS CLUB APR • APY APR • APY April, May, & June .25% • .25% $105 - $9,999 .10% • .10% $10,000 or more .25% • .25% APY=Annual Percentage Yield INVESTMENT ACCOUNTS Dividend rates on investment accounts are reviewed each Wednesday. Rates shown below were paid June 24, 2015. Yields reflect monthly compounding. The minimum balance requirement on most investment accounts is $1,000 (see Truth-in-Savings Disclosure for complete information). Annual Annual TERM/TYPE RATE YIELD 72-month certificate 1.98% 2.00% 60-month certificate 1.69% 1.70% 36-month certificate .99% 1.00% 24-month certificate .84% .85% 18-month certificate .64% .65% 12-month certificate .49% .50% 6-month certificate .34% .35% 3-month certificate .25% .25% Money Market IRA .99% 1.00% Money Market Savings $1,000 and more .39% .40% Money Market Checking .15% .15% HSA 1.49% 1.50% Early withdrawal penalties may apply; see account disclosures. Early withdrawal penalties may apply, see account disclosures. Gretna Office • 504.365.3646 1001 Virgil St. ∙ Gretna, LA 70053 9 a.m. – 4 p.m. ∙ Mon - Fri Jackson Office • 601.368.5200 1340 Echelon Pkwy. · Jackson, MS 39213 9 a.m. – 4 p.m. · Mon - Fri ATM Location – Office hours Jefferson Office • 504.840.2600 4809 Jefferson Hwy. ∙ Jefferson, LA 70121 9 a.m. – 1:50 p.m. & 2:30 – 4 p.m. ∙ Mon - Fri ATM Location – 24 hours Morgan City Office • 985.380.8017 1234 David Dr. ∙ Suite 107 ∙ Morgan City, LA 70380 9 a.m. – 4 p.m. · Mon - Fri Port Gibson Office • 601.437.6472 Grand Gulf Nuclear Station 7003 Bald Hill Rd. ∙ Port Gibson, MS 39150 9 a.m. – 4 p.m. ∙ Mon - Fri Taft Office • 504.739.6860 Waterford 3 ∙ 17265 River Rd. ∙ Killona, LA 70057 9 a.m. – 1:50 p.m. & 2:30 – 4 p.m. ∙ Mon - Thurs (Closed Fridays) ATM Location – 24 hours Woodlands Office • 281.297.5556 10055 Grogan’s Mill Rd. ∙ The Woodlands, TX 77380 9 a.m. – 1:50 p.m. & 2:30 p.m. – 4 p.m. ∙ Mon - Fri ATM Location – Office hours Shared Branch Locations – More Than 5,000 Nationwide Toll Free: 888.SITE.COOP (888.748.3266) Website: www.riverlandfcu.org Mon - Fri Hours: Vary by location Saturday Hours: Vary by location Baton Rouge Hammond Harvey LaPlace Mandeville Metairie Slidell 7018 Siegen Ln. 1115 W. University Ave. 1530 Lapalco Blvd. - #5 350 Belle Terre Blvd. 1291 N. Causeway Blvd. - #3 5500 Veterans Blvd. - #100 1512 Gause Blvd. Free ATM Locations – More Than 75,000 Nationwide Toll Free: 888.SITE.COOP (888.748.3266) Website: www.riverlandfcu.org Loans by Phone & Internet 504.576.5800x2 · 800.586.4RCU(4728)x2 Website: www.riverlandfcu.org “TONEY” Audio Response 504.525.9447 ∙ 800.648.2342 MasterCard® Debit & Credit Card – 24 Hours Lost or Stolen Card Declined Card Blocked Card 800.682.6075 888.526.0404 800.411.8498 Fax 504.576.5805 Website www.riverlandfcu.org HOLIDAY CLOSINGS Year 2015 September 7th November 26th December 24th December 25th Labor Day Thanksgiving Day Christmas Eve Christmas Day FIRST CLASS U.S. POSTAGE FEDERAL CREDIT UNION PAID 639 Loyola Ave • Suite 220 New Orleans, LA 70113 7.9 IMAGE.WORKS 53719 Swipe Your Way into Summer Fun with Our Board of Directors The management team and staff would like to recognize and say ”Thank You!” to the volunteers who have given selflessly of their time serving RiverLand Federal Credit Union. Volunteer service is an integral part of what distinguishes credit unions from “for profit” financial institutions. RiverLand continues to maintain an outstanding reputation with its members and among peers. Without the dedication of our Board of Directors and Audit Committee, individuals who volunteer their service without pay, RiverLand would not be the viable financial institution that it is today. Please join us in acknowledging our volunteers and saying “Thank You!” Standing from left: Brian Burns, Jules Graham, Doug Boss & Russell Jackson. Seated from left: Jack Hanemann, Rochelle Oatis & Chris Clement. Board of Directors Audit Committee Brian Burns, Chairman Russell Jackson, Vice Chairman Chris Clement, Secretary Doug Boss, Treasurer Jules Graham Jack Hanemann Rochelle Oatis Appointed by the Board of Directors % Platinum Card! APR* July 2015 www.riverlandfcu.org FEDERAL CREDIT UNION The quarterly newsletter of RiverLand Federal Credit Union Swipe Your Way 7.9 into Summer Fun with Our Kim Rivero, Chairman Amy Amerson Robert T. Spencer, Jr. Frank Williford % APR* Platinum Card! 2016 Election of Officials Election Procedures Credit Union members wishing to be considered for volunteer service on the Board of Directors should review the information and procedures outlined below. Any member or incumbent wishing to be considered for a volunteer position must petition the Nominating Committee no later than August 31, 2015. At the 2016 Annual Meeting, three positions on the Board of Directors, each having a three-year term, will be filled. According to the bylaws addressing election procedures, each year 1) members will be notified of the upcoming election and of the positions to be filled. Election at the Annual Meeting will be by ballot. There will be no nominations from the floor at the Annual Meeting. Instructions for voting by absentee ballot will be included in the October newsletter. Petitions must be in writing and sent to: Nominating Committee 1 2 3 4 Has a good credit standing and agrees to a credit investigation. Is willing to accept the responsibilities of elected or appointed office. Will be able to act independently and objectively regardless of external relationships with other Directors and employees. 5 Is not an employee of this or a competing financial institution. 6 Has not been a management employee of this Credit Union for at least twelve (12) months prior to the election date. 7 Understands the expectations of regular meeting attendance and the pursuit of educational opportunities relating to their Credit Union responsibilities. Anything is too much! Mike Bermingham, Chairman RiverLand Federal Credit Union Mail: Interoffice Mail: Email: 639 Loyola Ave. - Suite 220 New Orleans, LA, 70113 L-ENT-RCU [email protected] In order to be considered for volunteer service, all candidates must meet specific minimum qualification standards. Each petition submitted to the Nominating Committee must be in writing and must state, at least, that the candidate: ossesses areas of knowledge, experience or interest pertinent to the P Credit Union’s future (please attach resumé). What is your checking account costing? Switch to RiverLand’s Totally FREE Checking and Enjoy: 4 NO Monthly Service Charges 8 Understands and accepts the commitment of time for attendance at regular meetings, special meetings, planning seminars, and educational workshops. 9 Has not been removed, as an elected official, for cause, for at least three (3) years prior to petitioning for nomination. 4 NO Minimum Balance Requirements Is agreeable to nomination and will serve if elected to office. 4 NO Minimum Transaction Requirements 10 11 Notification will be mailed by September 15th to those candidates that do not meet the minimum standards. 12 The Nominating Committee will begin accepting petitions to determine the committee’s selection for nominations and the entire slate of candidates will be included in the October newsletter. 13 If you have any questions concerning the election process for submitting petitions for the Board, contact Carol Irby, RiverLand President/CEO, at 504.576.5800. 4 NO Per-Item Transaction Charges 4 NO Direct Deposit Requirements 4 PLUS, Overdraft Protection & Courtesy Pay are Available Stop Sweating High Rates with our Platinum MasterCard®! Enjoy the Same Low Rate for: Purchases • Cash Advances • Balance Transfers Escape from high rates and annual fees and make this summer more affordable with our Platinum MasterCard®! Featuring our lowest credit card rate ever, our Platinum MasterCard® has a minimum credit limit of $10,000. Plus, it’s loaded with premium perks to help you save money. And, if you’re paying a higher rate on your existing credit card balances, transfer your balances to our Platinum Card today! With no balance transfer fees, you’ll love the savings. Add more fun to your summer when you transfer your card balances and save with… • No Annual Fee • No Balance Transfer Fee • No Over-the-Counter Cash Advance Fee • No Inactivity Fee • Same Low APR* on ALL Transactions Don’t wait, apply today! www.riverlandfcu.org • 504.576.5800x2 • 800.586.4RCU(4728)x2 *APR=Annual Percentage Rate. This rate is for qualifying borrowers for a limited time. Restrictions and limitations apply. Call for details. For terms and conditions, see the RiverLand Federal Credit Union Platinum MasterCard® online application. MasterCard® and the MasterCard® Brand Mark are registered trademarks of MasterCard® International Incorporated. What is your checking account costing? Anything is too much! Switch to RiverLand’s Totally FREE Checking and Enjoy: 4 NO Monthly Service Charges 4 NO Per-Item Transaction Charges 4 NO Minimum Balance Requirements 4 NO Minimum Transaction Requirements 4 NO Direct Deposit Requirements 4 PLUS, Overdraft Protection & Courtesy Pay are Available 888 FOR EVERYONE Today Jason…. Shared Branching Checking Accounts Checking Accounts With Courtesy Pay Money Market Checking Accounts Debit Cards FREE ATM Services Online Imaged Check Copies Internet Banking Internet Bill-Paying Service Mobile Banking Money Manager Electronic Account Statements Electronic Account Transfers “TONEY” Audio Response Teller (24/7) Internet Website Direct Deposit & ACH Deposits Phone Withdrawals & Transfers Lifetime & Full Family Membership Checked his recent credit card activity Compared his vacation spending to his budget Checked his account balance And transferred money to his checking account 4 FREE Nationwide ATMs – 75,000 4 FREE Online Banking & Bill Pay, Mobile & Phone Banking FREE Online Banking — 4 FREE Debit Card & Debit Transactions at home, at work, or even on vacation! 4 FREE E-Alerts & TextRCUu 4 FREE Money Manager 4 FREE E-Statements & E-Documents However you choose, we offer you a variety of FREE options for accessing your checking account! Free Debit Card No Minimum Transactions Required Free Convenient Access 75,000+ ATMs 5,000+ Branches Free Online Banking Online Bill Pay E-Statements Free Secure, Easy, and Convenient MasterCard® and the MasterCard® Brand Mark are registered trademarks of MasterCard® International Incorporated. To open your checking account visit us online or call to request an application: www.riverlandfcu.org • 504.576.5800x3 • 800.586.4RCU(4728)x3 Main Office • 504.576.5800 • 800.586.4RCU (4728) 639 Loyola Ave. ∙ Suite 220 ∙ New Orleans, LA 70113 9 a.m. – 4 p.m. ∙ Mon - Fri ATM Location – 6 a.m. – 6 p.m. Total Total Total Total Fast Loan Approvals Loans-By-Phone Application Processing Secure Internet Application Processing Free New Car Cost Values – Online & Fax Free Used Car Values – Online & Fax ADDITIONAL SERVICES Dormant Account Fee Reminder Account Disclosures A dormancy fee of $25 will be assessed monthly on any deposit or share account with a balance of less than $100 that has not had a memberinitiated transaction within the past 12 months. In order to avoid the dormancy fee, we encourage you to activate your account. Please call one of our friendly Member Service Representatives to discuss your options. RiverLand’s account disclosures are always available to members upon request. Disclosures include the Membership & Account Agreement, Funds Availability Policy, Privacy Policy, Electronic Funds Transfer Agreement & Disclosure, Truth-in-Savings Disclosure, Fee Schedule, Business Continuity Plan, and others. If you would like a copy of any disclosure, you may obtain one from our website (www.riverlandfcu.org) or call one of our friendly Member Service Representatives, and we will be glad to mail one to you. Assets Deposits Loans Members Wire Transfers of Funds Western Union Wires U.S. Savings Bonds Redemption Official Checks Gift Cards Money Orders TurboTax® for the Web Postage Stamps Quarterly Newsletter Courteous, Professional Service INSURANCE SERVICES Free Accidental Death & Dismemberment Insurance Affordable Auto, Home, & Personal Lines MEMBERS® Financial Services May 2014 $195,795,016 $190,248,812 $170,689,441 $167,790,722 $165,138,179 $160,425,913 14,281 14,151 CURRENT RATES Annual Percentage Rate New, Used & Refinanced - Cars, Trucks, & SUVs (100% financing/60 months/with automated payments) 1.99%** as low as New, Used, & Refinanced - Recreational Vehicles such as Boats, Motorcycles, RVs, ATVs, Motor Homes, & Tractors (100% financing/60 months/with automated payments) 3.99%** as low as Home Equity Loans rates as low as prime minus .25% Signature Loans (12 months) 5.99%* Signature Loans (48 months) 7.99%* MasterCard® (no annual fee) Platinum 7.90% For a complete list of loan rates and terms, call or visit us online. *Loan rates are adjustable and subject to change. **“As low as” rate is subject to borrower’s credit history, repayment term, and collateral. This rate is available for a limited time to qualifying borrowers with qualified automated payments and may increase if qualified automated payments cease. Example: 60 monthly payments of $17.52 per $1,000 borrowed at 1.99% APR or 60 monthly payments of $18.41 per $1,000 at 3.99% APR. Refinancing excludes current RiverLand loans. Rates are subject to change without notice. Restrictions and limitations apply. Call for details. SHARE (SAVINGS) ACCOUNTS Dividend rates are declared monthly. Earnings are paid on the last day of the month and are compounded monthly. Below are rates paid during the 2nd quarter of 2015 on accounts with balances of $105 or more: Briefs May 2015 New & Used Car, Truck, Boat, Motorcycle, RV, & ATV Loans New & Used Car Refinancing Home Equity Loans Home Mortgages MasterCard® Accounts (Platinum, Gold, Classic, & Secured) RCAs (Revolving Credit Accounts) Seasonal Loans (low rate/12 months) Signature Loans Consolidation Loans Tuition Loans Savings & Certificate Secured Loans GAP Vehicle Loan Protection Mechanical Repair Coverage for Vehicles Low Cost – Credit Life Insurance Low Cost – Credit Disability Insurance Entergy Inter-Office Mail Unit L-ENT-RCU Entergy UDC 8.576.5800 STATISTICS LOAN RATES LOAN SERVICES Enroll today at www.riverlandfcu.org Mobile Banking Phone Banking E-Alerts & TextRCU President/CEO Carol L. Irby Chief Financial Officer Lori Lassere-Bourg Vice President of Operations Rhonda Cubbedge Vice President of Marketing Charmaine Bocage Russo Vice President of Lending Patricia Unsworth Vice President of Info Technology George Lunsford Savings Accounts Money Market Accounts Certificate Accounts HSAs (Health Savings Accounts) Christmas Club Accounts IRAs (Individual Retirement Accounts) FOR THE BORROWER 4 FREE Shared Branches Nationwide – 5,000 LOCATIONS, HOURS & PHONES FOR THE SAVER Casualty Coverage Accounts All before his first piña colada! MANAGEMENT STAFF MEMBER SERVICES SHARE CHRISTMAS CLUB APR • APY APR • APY April, May, & June .25% • .25% $105 - $9,999 .10% • .10% $10,000 or more .25% • .25% APY=Annual Percentage Yield INVESTMENT ACCOUNTS Dividend rates on investment accounts are reviewed each Wednesday. Rates shown below were paid June 24, 2015. Yields reflect monthly compounding. The minimum balance requirement on most investment accounts is $1,000 (see Truth-in-Savings Disclosure for complete information). Annual Annual TERM/TYPE RATE YIELD 72-month certificate 1.98% 2.00% 60-month certificate 1.69% 1.70% 36-month certificate .99% 1.00% 24-month certificate .84% .85% 18-month certificate .64% .65% 12-month certificate .49% .50% 6-month certificate .34% .35% 3-month certificate .25% .25% Money Market IRA .99% 1.00% Money Market Savings $1,000 and more .39% .40% Money Market Checking .15% .15% HSA 1.49% 1.50% Early withdrawal penalties may apply; see account disclosures. Early withdrawal penalties may apply, see account disclosures. Gretna Office • 504.365.3646 1001 Virgil St. ∙ Gretna, LA 70053 9 a.m. – 4 p.m. ∙ Mon - Fri Jackson Office • 601.368.5200 1340 Echelon Pkwy. · Jackson, MS 39213 9 a.m. – 4 p.m. · Mon - Fri ATM Location – Office hours Jefferson Office • 504.840.2600 4809 Jefferson Hwy. ∙ Jefferson, LA 70121 9 a.m. – 1:50 p.m. & 2:30 – 4 p.m. ∙ Mon - Fri ATM Location – 24 hours Morgan City Office • 985.380.8017 1234 David Dr. ∙ Suite 107 ∙ Morgan City, LA 70380 9 a.m. – 4 p.m. · Mon - Fri Port Gibson Office • 601.437.6472 Grand Gulf Nuclear Station 7003 Bald Hill Rd. ∙ Port Gibson, MS 39150 9 a.m. – 4 p.m. ∙ Mon - Fri Taft Office • 504.739.6860 Waterford 3 ∙ 17265 River Rd. ∙ Killona, LA 70057 9 a.m. – 1:50 p.m. & 2:30 – 4 p.m. ∙ Mon - Thurs (Closed Fridays) ATM Location – 24 hours Woodlands Office • 281.297.5556 10055 Grogan’s Mill Rd. ∙ The Woodlands, TX 77380 9 a.m. – 1:50 p.m. & 2:30 p.m. – 4 p.m. ∙ Mon - Fri ATM Location – Office hours Shared Branch Locations – More Than 5,000 Nationwide Toll Free: 888.SITE.COOP (888.748.3266) Website: www.riverlandfcu.org Mon - Fri Hours: Vary by location Saturday Hours: Vary by location Baton Rouge Hammond Harvey LaPlace Mandeville Metairie Slidell 7018 Siegen Ln. 1115 W. University Ave. 1530 Lapalco Blvd. - #5 350 Belle Terre Blvd. 1291 N. Causeway Blvd. - #3 5500 Veterans Blvd. - #100 1512 Gause Blvd. Free ATM Locations – More Than 75,000 Nationwide Toll Free: 888.SITE.COOP (888.748.3266) Website: www.riverlandfcu.org Loans by Phone & Internet 504.576.5800x2 · 800.586.4RCU(4728)x2 Website: www.riverlandfcu.org “TONEY” Audio Response 504.525.9447 ∙ 800.648.2342 MasterCard® Debit & Credit Card – 24 Hours Lost or Stolen Card Declined Card Blocked Card 800.682.6075 888.526.0404 800.411.8498 Fax 504.576.5805 Website www.riverlandfcu.org HOLIDAY CLOSINGS Year 2015 September 7th November 26th December 24th December 25th Labor Day Thanksgiving Day Christmas Eve Christmas Day
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