JANUARY 2012 Newsletter
VEHICLE LOANS
Now is a great time to be buying a new or used vehicle – rates are low, low, low! Before you start shopping, contact the credit union for rates and pre-approval. The credit union does not charge processing fees or prepayment fees. Our rates are competitive. Credit disability and life insurance are available at low rates, with no pressure on the borrower to accept. If you have recently financed your vehicle elsewhere, give us a call and see if we can’t lower your rate or payment. The credit union offers the convenience of payments directly from your paycheck.
2012 Office Closings
The Credit Union office will be closed:
January 2 New Years Day (observed)
January 16 Martin Luther King Day
February 20 Presidents Day
May 28 Memorial Day
July 4 Independence Day
September 2 Labor Day
October 8 Columbus Day
November 12 Veterans Day
November 22 Thanksgiving Day
December 24 (close at noon) Christmas Eve Day
December 25 Christmas Day
December 31 (close at 1pm) New Years Eve 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!
MEMBER NEWS
Our congratulations on their new additions:
-Cheryl Cronin, grandmother
Michaella Lynn
-Mike & Kelly Northcutt, grandparents
Linus Steven Niccum
-Marshall & Pam Manoloff, grandparents
Dan & Teneeka Manoloff, parents
Michaela Annabelle
-Gerald & Pat Lichtsinn, great-grandparents
James Lichtsinn, grandfather
Christopher Hawk
-Mike Lambert, grandfather
Rowan Everett Cass
Congratulations to these retirees:
-Dianne Martin
-Ed Brager
Our condolences to the family and friends of those members we lost:
-Theodore “Ted” Moring
Congratulations to the winner of our Victorian Christmas Tree drawing:
-Jennifer Schie
PHISHING SCAMS ALERT
If you should receive an e-mail or text message appearing to be from City Trust Federal Credit Union or NCUA and asks for account and/or personal information or informing you that your Debit/ATM card will no longer work or that you need to re-set your password, consider it to be fraudulent and do not follow the instructions in the e-mail or text message. The Credit Union does not request such information through e-mails, texts, or telephone calls.
PERFECT TELLER Internet Home Banking
If you haven’t signed up for Perfect Teller, you’re missing out on 24/7 availability to:
-check account balances
-see what checks have cleared
-transfer funds between account
-view account transaction histories
-print statements for your home computer
-access to Bill Pay
Stop in the office today to sign-up.
FREE INTERNET BILL PAY
Bill Pay is available thru our internet home banking site, Perfect Teller. 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 set up for automatic payments or return to the site and pay a bill with a mouse click.
You will need to log into your account thru Perfect Teller and sign up for the 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.
Save stamps and envelopes, save phone payment fees, save the worry of late payments…Sign up for Bill Pay today!
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. Keep in mind, that after 6 months of non-use, your Debit card will be cancelled by the credit union.
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.
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.
VEHICLE LOANS
Now is a great time to be buying a new or used vehicle – rates are low, low, low! Before you start shopping, contact the credit union for rates and pre-approval. The credit union does not charge processing fees or prepayment fees. Our rates are competitive. Credit disability and life insurance are available at low rates, with no pressure on the borrower to accept. If you have recently financed your vehicle elsewhere, give us a call and see if we can’t lower your rate or payment. The credit union offers the convenience of payments directly from your paycheck.
2012 Office Closings
The Credit Union office will be closed:
January 2 New Years Day (observed)
January 16 Martin Luther King Day
February 20 Presidents Day
May 28 Memorial Day
July 4 Independence Day
September 2 Labor Day
October 8 Columbus Day
November 12 Veterans Day
November 22 Thanksgiving Day
December 24 (close at noon) Christmas Eve Day
December 25 Christmas Day
December 31 (close at 1pm) New Years Eve 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!
MEMBER NEWS
Our congratulations on their new additions:
-Cheryl Cronin, grandmother
Michaella Lynn
-Mike & Kelly Northcutt, grandparents
Linus Steven Niccum
-Marshall & Pam Manoloff, grandparents
Dan & Teneeka Manoloff, parents
Michaela Annabelle
-Gerald & Pat Lichtsinn, great-grandparents
James Lichtsinn, grandfather
Christopher Hawk
-Mike Lambert, grandfather
Rowan Everett Cass
Congratulations to these retirees:
-Dianne Martin
-Ed Brager
Our condolences to the family and friends of those members we lost:
-Theodore “Ted” Moring
Congratulations to the winner of our Victorian Christmas Tree drawing:
-Jennifer Schie
PHISHING SCAMS ALERT
If you should receive an e-mail or text message appearing to be from City Trust Federal Credit Union or NCUA and asks for account and/or personal information or informing you that your Debit/ATM card will no longer work or that you need to re-set your password, consider it to be fraudulent and do not follow the instructions in the e-mail or text message. The Credit Union does not request such information through e-mails, texts, or telephone calls.
PERFECT TELLER Internet Home Banking
If you haven’t signed up for Perfect Teller, you’re missing out on 24/7 availability to:
-check account balances
-see what checks have cleared
-transfer funds between account
-view account transaction histories
-print statements for your home computer
-access to Bill Pay
Stop in the office today to sign-up.
FREE INTERNET BILL PAY
Bill Pay is available thru our internet home banking site, Perfect Teller. 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 set up for automatic payments or return to the site and pay a bill with a mouse click.
You will need to log into your account thru Perfect Teller and sign up for the 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.
Save stamps and envelopes, save phone payment fees, save the worry of late payments…Sign up for Bill Pay today!
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. Keep in mind, that after 6 months of non-use, your Debit card will be cancelled by the credit union.
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.
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.
Your shares at City Trust FCU are insured up to at least $250,000.00 by the National Credit Union Administration. The NCUA is an independent agency of the US Government and is responsible for the management of the National Credit Union Share Insurance Fund (NCUSIF).