ANNUAL MEETING

The Annual Meeting will be held February 16, 2010 at Franke Park Pond Pavilion. Doors open at 5 pm for food and socializing, with the business meeting at 6 pm, followed by the door prize drawing.

The business meeting will include election of members of the Board or Directors. Anyone interested in running for a director position, please contact Diane at the credit union by February 1, 2010.

DEBIT/ATM CARDS

If you’re not enjoying the convenience of a Debit/ATM Card, stop by the credit union and apply for one today!

We are now members of TWO nationwide surcharge-fee ATM networks. Alliance One and CO-OP Network ATMs. Go to the website Links page to find an ATM near you.

1st Quarter 2010 Office Closing

The Credit Union office will be closed:

January 1 New Years Day

January 18 Martin Luther King Day

February 15 Presidents Day

Remember, with a Debit/ATM card from City Trust Federal Credit Union, cash is available 24 hours a day, 7 days a week. You can use your card at ATM machines and you can also get cash back at point-of-sale merchants. When at the check-out, ask the merchant if they offer cash-back options when you pay with your Debit/ATM Card. The credit union does not charge a fee on point-of-sale transactions!

INTERNET BILL PAY

We now have Bill Pay available thru our internet home banking site, Perfect Teller. You will need to log into your account thru Perfect Teller and sign-up to use this service. There is no fee to use Bill Pay, however if you sign-up you will be required to make at least one payment per month to avoid a $5 fee.

Paying bills online is one of the biggest time-savers online banking creates. You enter account information-merchant’s name, address, and so on-when you sign up for the service, then return to the site to pay a bill with a mouse click.

LOANS-LOANS-LOANS

Looking to purchase a new (or new to you) vehicle? City Trust Federal Credit Union offers competitive rates and terms, and in many cases can match lower rates, on car loans. Many dealers are offering rebates or low rates. Often you will save money be taking the rebate, reducing the loan amount, and financing thru the credit union. We have no hidden fees and no pre-pay penalties. Before purchasing that vehicle, check with us about getting pre-approved. If you currently have a new or used car loan elsewhere, check with us—we may be able to refinance, reducing your payments and saving you money.

MEMBER NEWS

Our congratulations to these families and their new addition:

-Alan & Janice Zirkle, grandparents

Nick & Mindy Zirkle, parents

Zaden Alan Zirkle

-Jennifer Hertenstein, parent

Andrew Lathan Gunn

-James & Nancy Delaney, grandparents

Amy & Dan Delaney, parents

Collum Delaney

Shannon & Hames Hilger, parents

Josephine Hilger

-Al & Mary Frisinger, grandparents

Jesse & Adalyn Parker, parents

Summer Rose

Our condolences to the families and friends of Elizabeth Rodriquez, Bob Eicks, Jim Cornell, Ted Katras and Florence Dager.

SKIP A LOAN PAYMENT

You can now choose to skip a payment on your loan. For just a $25 fee per loan, you can defer your payment for one month (4 payments for weekly payers, 2 payments for bi-weekly payers, 1 payments for monthly payers). The deferment extends the length of the term of repayment and loan interest will continue to accrue at the contractual rate. Those who pay through payroll deduction or ACH direct deposit will have the loan payment funds placed in their share account. Some conditions and restrictions apply. Check with the credit union for details.

SHARE DRAFT ACCOUNT POLICY CHANGE

Effective 8/1/2008, the credit union will provide 1 box of basic checks per year for members with direct or net check deposits and a minimum account balance of $200.

FEE SCHEDULE CHANGE

EFFECTIVE 11/1/2009

Account Overdraft Fee $25 per item

ABANDONED PROPERTY POLICY

The definition of abandoned property is any member account for which the member cannot be located.

A fee of $5.00 will be charged each month against an account when the member cannot be located. If the account balance is under $5.00, the fee charged will be equal to the account balance. This fee will be charged after the account has been abandoned for 12 months.

If you know someone who may have an abandoned account with us, please have them contact the credit union.

DORMANT ACCOUNT POLICY

The Credit Union has established the following policy for dormant accounts.

Dormant accounts are defined as accounts with a balance under $50.00 that have had no activity on any share account or loan account for a period of 12 months or more. Deposits of dividend interest are not considered member activity.

After one year of inactivity, a monthly fee of $5.00 or the account balance, whichever is lesser, will be charged against the account. At the time the account balance equals $0.00, the account will be closed.

Federally insured by NCUA