the VIEW Exclusively for Valley Oak Credit Union Members
Transcription
the VIEW Exclusively for Valley Oak Credit Union Members
1st Quarter 2013 Valley Oak Credit Union Service, Integrity and Financial Stability for our Members the VIEW Exclusively for Valley Oak Credit Union Members Our branches will be closed in observance on the following date: MEMORIAL DAY Monday, May 27th We’re excited to introduce Mobile Banking! You’ll now enjoy safe and convenient account access directly from your mobile phone anytime and anywhere. View Balances • View Transaction History • Transfer Funds Pay Bills • Text Banking and More! Mobile banking is free to any member who is enrolled in Home Banking. To sign up for Mobile Banking, visit www.valleyoak.org and follow the prompts. Get started today! Help Us Celebrate National Credit Union Youth Week What kid wouldn’t want to throw on a trench coat, dust off an old magnifying glass and slap on a play mustache to become a detective for a day? Children everywhere are intrigued by the thrill of mysteries and the detectives that solve them. Little do these kids know they also have the ability to tap into detective mode by investigating ways to save and becoming a credit union savings sleuth during the month of April at the credit union. Introducing children to their inner savings sleuth will help lead them down the path of saving. Visit Valley Oak Credit Union during the week of April 21-27 and help us celebrate National Credit Union Youth Week. This year’s theme, “Savings Sleuth, Solve the Mystery,” shows youth and teens how Valley Oak Credit Union can help them use their own instincts and credit union resources to meet financial goals. Whatever young sleuths are saving for, we at Valley Oak Credit Union can give them the clues they need to investigate ways to save by opening a Junior Share Account. Bring your young savings sleuths into Valley Oak Credit Union during Youth Week and receive a special goody bag for each new account opened, or for a deposit in an existing account! Shared Branching Coming to VOCU Soon! Valley Oak will be joining together with other credit unions, internationally, in a cooperative effort to bring you a new choice in financial convenience, the CU Service Centers®Network (also known as Shared Branching). You will be able to perform many of your financial transactions and obtain services at branches of other participating credit unions and self-service locations belonging to the network. In essence your Valley Oak branch network will go from three branches to over 6,800. IF YOU HAVEN’T CHECKED OUT OUR WEBSITE, LOG ON TO WWW.VALLEYOAK.ORG Front, VOCU_News_1st13, 8.5x14, NON-BLEED 57601-NEWS-0113 1st Quarter 2013 Valley Oak Credit Union & Service, Integrity and Financial Stability for our Members APPLAUSE ACCOLADES Employee of the Quarter – Kellee Smith (4th Quarter 2012) New Employees Christina Martinez and Brandy Horner Business Anniversaries JANUARY Kiersty Vaughan, 20 years of service Dora Fernandez, 18 years of service Christina and Brandy are our newest employees at Valley Oak. Christina is a Loan Processor and Brandy is a Member Service Rep. in the Visalia Branch. We are very excited to have them as part of our team. FEBRUARY Tina Garza, 3 years of service Executive Vice President Kiersty Vaughan celebrated 20 Years of dedicated service on January 1st, 2013 All employees, Board Members and the Supervisory Committee want to thank Kiersty. We all appreciate her years of dedicated service to Valley Oak Credit Union. It makes us proud to be represented by such a dedicated leader. Notice of Fee Changes This Newsletter is Going Green! Starting in July, The View newsletter will only be provided in an electronic-format. So instead of receiving a paper version of the newsletter in your quarter-end statements, you’ll be able to access The View in two different ways. • Via online at valleyoak.org/asp/newsletter.asp • Or if you have an email on file with the credit union, we’ll email you The View directly to your inbox! Important Loan Insurance Information In compliance with California law, we must provide you with the following information, at least annually. If you have credit life or disability insurance on an open–end loan, this insurance may not cover an advance or charge under your credit line if your disability or death results from a condition for which you have seen a doctor or chiropractor in the last six months before the advance or charge. Excessive Cash Withdrawal from Savings (>6/mo.) ..........$2 Checking and Saving Account Return Item-NSF (max $90 per day) .............. $30 Visa Credit Card Return Payment ................... $30 ATM Withdrawal Exceeding Available Balance ................. $30 Visa Debit and Visa Credit Card Rushed Card/Pin# .. $50 Loan Payment by Phone ........ $10 Loan Return Payment ............ $30 Lien Satisfied (Auto) ............... $15 Subordination (Real Estate/ HELOC) ............................... $100 Fee changes effective June 1, 2013 Annual Meeting Valley Oak Credit Union’s Annual Meeting was held on Feb. 19, 2013. The membership elected the following individuals to the Board of Directors: Incumbents Paula Estep-Becker and Mark Jennings. Members elected to the Supervisory Committee: Jacob Gunning. The Credit Union is still seeking volunteers to fill one seat each on the Board of Directors and the Supervisory Committee. If you are interested in becoming a volunteer for your credit union please contact Alan Cortum, President/CEO. Board of Directors On February 19, 2013 Valley Oak Credit Union’s Board of Directors elected its officers for 2012-2013 following the annual meeting. The officers are: Chairman Rick Chappell • Vice Chairman Mike Gunning • Secretary/Treasurer Saul Salmon Staff Officials: President/CEO Alan Cortum • Chief Financial Officer Paul Schiele • Executive Officer Kiersty Vaughan FINANCIAL REPORT Web Address: www.valleyoak.org As of 2/28/13 General e-mail address: Assets ........................ 46,922,995 Loans ........................ 29,706,409 Shares ........................ 41,608,963 Capital ......................... 5,069,883 Members ............................. 6,547 President/CEO e-mail: [email protected] CALIFORNIA CREDIT CARD DISCLOSURE: [email protected] Merchant Check Verification: 1-800-268-8126 Toll Free Audio Response: 1-800-778-1621 Toll Free Corporate Number: 1-800-561-4302 Visa Lost/Stolen: 1-800-543-5073 MINIMUM PAYMENT WARNING: MAKING ONLY THE MINIMUM PAYMENT WILL INCREASE THE INTEREST YOU PAY AND THE TIME IT TAKES TO REPAY YOUR BALANCE. Shares insured up to $250,000 through NCUA THREE RIVERS BRANCH 40870 Sierra Drive, PO Box 279 Three Rivers, CA 93271 559-561-4471 FAX 559-561-3817 VISALIA BRANCH 600 West Main Street Visalia, CA 93291 559-636-3084 FAX 559-636-3088 TULARE BRANCH 255 E. King Ave. Tulare, CA 93274 559-688-5996 FAX 688-7833 “The View” is published for Valley Oak Credit Union members and is designed to promote informative material of interest to our readers. It is distributed with the understanding that it does not constitute legal, accounting, or other professional advice. Legal, accounting, or other expert assistance should be sought from professionals in those fields. Information in this publication is current as of the date issue was printed. Products, services, and their terms may be changed by the credit union at any time. Share rates are declared by the Board of Directors at month-end after considering earnings and required reserves. IF YOU HAVEN’T CHECKED OUT OUR WEBSITE, LOG ON TO WWW.VALLEYOAK.ORG! Back, VOCU_News_1st13, 8.5x14, NON-BLEED 57601-NEWS-0113