MEMCU Insurance - Members Credit Union

www.memcu.com
In This Issue:
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Scholarship Winners
MEMCU Insurance
PIN Change Delayed
Important Dates In May
Financial Reality Fairs
Spring Clean Your Finances
El Rincón Latino/Latino Corner
MEMCU Insurance
Insurance coverage is
a complex topic and sorting
through all the providers and
insurance products available can
be mind boggling. Thanks to
your membership at Members
CU, you have MEMCU
Insurance on your side to help
you find the right insurance
coverage at the right price.
Call Donna Stinson,
our MEMCU Insurance
representative today.
1-800-951-8000, x 141
May 1, 2015
Members CU’s 2015-2016 Scholarships Awarded
Since 1996 Members Credit Union has awarded academic and need based scholarships
to assist our members in reaching their educational goals. The Scholarship Committee
received a large amount of impressive applications, making the selection of this year’s
recipients extremely difficult. After careful consideration, the following students have
been selected to receive MCU Scholarships for the 2015-2016 academic year.
Walt Williams – Lewisville, NC - $3,000 John R. Loftin Scholarship. This scholarship
is named for a long time Members Credit Union Board member. Mr. Loftin has chaired
the credit union’s Scholarship Committee since its inception in 1997. He also serves as
a member of the North Carolina Credit Union Foundation’s Scholarship Committee.
Barbara McAnulty – Hickory, NC – $2,000 Dan Elkins Scholarship. In honor of
our late board member who was instrumental in the development of our scholarship
program.
Alexandra Howell – Conover, NC - $1,000
Adam Matthews – Catawba, NC - $1,000
Giseline Martinez – Dobson, NC - $1,000
Devan Hailey – Winston-Salem, NC - $1,000
Ashlyn Nelson – Winston-Salem, NC - $1,000
Amythest Lee – Fayetteville, NC - $1,000
Kathy Torres – Drexel, NC - $1,000
Amy Greene – Maiden, NC - $1,000
Caroline Franklin – Claremont, NC - $500
Stephanie McCormack – Clemmons, NC - $500
Parker Brown – Kernersville, NC - $500
Pictured above: Jack V. Braswell, Jr.,
President/CEO of Members CU, and Walt
Williams. Walt plans to attend the Virginia
Miltary Insitite (VMI).
Picutred on left: Barbara McAnulty and
Eric Stiff, Members CU VP of Marketing.
Barbara plans to attend Purdue University.
Credit Unions
Look Out for
the Little Guy!
Congratulations to MCU’s 2015-2016 Academic Scholarship Winners!
Applications that were not selected for a Members Credit Union Scholarship have been
forwarded to the Carolinas Credit Union Foundation for further consideration.
MCU@Home
PIN Change Delayed
The upgrade to MCU@Home and MCUmobile that was scheduled for Monday, April 20th, has been delayed until
Monday, May 11th, to allow for additional product testing. We want to be certain that all aspects of our home banking
and mobile banking are functioning properly before introducing this upgrade to our membership.
As part of this upgrade you will need to log in, on May 11, to MCU@Home and follow the prompt to change your PIN,
the four digit code that you type in to access your account. MCUmobile users will not be able to log in to MCUmobile
(an “Invalid PIN” message will display) until they log in to MCU@Home and change their PIN. You do not need to
change your PIN until the upgrade takes place on May 11th.
You will be required to use four numbers other than your birth date or last four digits of your social security number.
These numbers are the most commonly used PINs and easier to guess than a random number. This requirement will add
extra security to MCU@Home and make it harder for someone else to access your account.
Once you change your PIN on MCU@Home, you will use your new PIN to access your account through TellCom
& MCUmobile.
Important Dates In May
May 9 - MCU’s Fourth Annual Wig Walk in Lenoir
to benefit the Wig Bank of Caldwell County will take
place at the T.H. Broyhill Walking Park, located at 945
Lakewood Circle SW, in Lenoir, NC. Event begins at 9
AM and the Walk starts at 10 AM. More details available
at memcu.com/wig-walk.
May 25 - All MCU locations will be closed in observance
of the Memorial Holiday.
MCU Continues to Teach Financial
Literacy
Nine Members CU employees visited East Surry High
School in Pilot Mountain, NC on April 15th to conduct
four Mad City Money Reality Fairs. During the reality
fair, students experience what it will be like to manage
their finances as an adult. Each
student is given a job, income,
a family, and debt and expected
to make financial decisions
based on their monthly takehome salary. Mad City Money
is an excellent program for
students to practice building
a budget and understanding
how to use financial tools,
Pictured above: MCU employee,
such as a debit card register,
Tanya Council, explains the My
Closet station to students.
successfully.
Wig Walk Promoted at NC
Minor Leage Game
Members CU was on site for an exciting game between
the Hickory Crawdads and the Kannapolis Intimidators
at L.P. Franz Stadium in Hickory on April 24, 2015.
Members CU employees promoted the Fourth Annual
Wig Walk for the Wig Bank of Caldwell County, treated
Crawdad fans to a free cornhole game, and offered many
fun prizes. The Crawdads are the South Atlantic League
affiliate of the Texas Rangers Major League Baseball
Team.
Pictured here from left to right: Bridget Hamby,
Members CU Teller, and Andrea Blanton, Members CU
PR Assistant.
Do You Have
Bases Covered?
Spring Cleaning
Your Your
Finances
As the temperatures rise and flowers begin to bloom, many will start to clean their homes and get rid of all the dust and
dirt that accumulated over the winter. This year, be sure to expand your spring cleaning to include your personal finances.
Just after tax season is the perfect time to perform an annual evaluation and tidy up your financial habits.
Check On Your Credit Report
The Fair Credit Reporting Act requires each of the nationwide consumer credit reporting agencies to provide one free
copy of your credit report to you once every 12 months. Equifax, Experian and TransUnion are the three nationwide
agencies and you can request one from each of them by visiting www.annualcreditreport.com or by calling 1-877-3228228.
The information on your credit report includes a list of your monthly debts, how you pay your bills and repay loan debt,
and how much credit you have. Potential lenders will use this information to determine if you are a good credit risk.
Reviewing your credit report on a regular basis is a good way to combat identity theft and ensure there are no mistakes
that could hurt your chances for a loan in the future.
Update Your Budget
If you have undergone any major financial change, like receiving a big promotion or switching from two incomes to
one, it’s time to revisit your household budget. Having an influx of income will allow you to adjust any debt payments
or savings allocations to keep your finances stable throughout the year. However, if you are switching from two incomes
to one, it’s necessary to readjust to minimize any unexpected expenses or weak spots in the budget. Regardless of your
situation, Members CU members can take advantage of our Financial Solutions program, created by Money Management
International (MMI), that is designed to assist in reaching any personal financial goals, such as creating and maintaining
a successful budget. This benefit is free for our members and provides 24/7 access to personalized financial help. To learn
more, please visit http://www.memcu.com/financial-solutions/.
Revisit Your Insurance
Pull out your life, homeowner’s (or renter’s), and car insurance policies and review each to ensure they are up to
date. Then, evaluate your premiums, deductibles, and coverage levels to make sure each is suitable for you today.
For example, if you have made significant renovations or additions to your home, be sure to take the upgrades into
consideration when updating your policy and evaluating your coverage levels. Once you have a grasp of where you are,
or where you would like to be, begin to shop around and ask for new quotes from trusted companies, including Members
CU. We have teamed up with the best insurance providers around to make it easier and more affordable to protect you,
your family and your assets. Please visit http://www.memcu.com/protect/ to review
our list of providers and their insurance products.
Eliminate Paper
Paper bills and statements take up a lot of room on your desk, so move your
financial life online to cut clutter. Members CU members can sign up for
free electronic statements, eStatements, and members who have a checking
account can sign up for free online bill pay, eBill, to save time and money.
To sign up for eStatements you must opt in from your MCU@Home online
banking service. If you haven’t signed up for MCU@Home visit, www.
memcu.com and click on “Online Banking” at the top of your screen. Create
a MCU@Home account by clicking on New Internet Banking User and
following the instructions. If you already have an account, log in and click on the
“Accounts” tab, and choose eStatements from the drop down menu. Follow
the directions to sign up. This will opt you out of receiving statements
through the mail.
Jack V. Braswell, Jr.
President/CEO of MCU
La Casa Del Papa Francisco
El Sábado 11 de abril de 2015 Habitat for Humanity del Condado de
Forsyth dedicó una casa al Papa Francisco, indiscutible líder inspirador
de la Iglesia Católica con su compromiso con la justicia social y el nuevo
impulso que ha dado a esta iglesia. De igual forma tener la oportunidad
de ofrecer una celebración tanto para católicos como para no católicos de
trabajar hombro a hombro como voluntarios hacia un objetivo común y
promover la misión de Hábitat en su construcción y conservación de casas
en la ciudad.
La vivienda contó con un generoso donante anónimo quien proporcionó
la importante suma de $ 50,000 para patrocinar su construcción y de esta
forma inspiró a la comunidad a recaudar $ 25,000 adicionales para apoyar
esta obra tan especial. Los trabajos se iniciaron ese sábado y continuarán
durante aproximadamente tres meses.
La futura afortunada dueña de esta hermosa casa ubicada justo al lado de
un bello parque es Elaine Holland, su hija Jeresa y su nieta Zacaria, todas
nacidas en Winston Salem. Elaine fue aprobada para asociarse con Habitat
en diciembre de 2014 y se crió en el barrio de Boston-Thurmond donde se
encuentra la casa.
Tener un techo para su familia es básico, pero si ese techo es el resultado de
un trabajo colectivo de amor, es una forma mucho más significativa. Esta
casa va a ser el sueño hecho realidad para su familia, como resultado de
ese dedicado esfuerzo de la comunidad al juntar sus manos con amor. Ella
estubo allí ese sábado, ayudando a construir su nueva casa junto a otras 25
personas.
Members CU’s
Current Rates
Loan Rates
(Rates shown as Annual Percentage Rate)
Fixed Rate Loans
New Car or Truck .............. as low as1.75%*
Used Car or Truck.............. as low as1.75%*
* Rate is subject to qualifications.
First Mortgage...................(Call for a quote)
Land........................................... Prime+1%
Variable Rate Loans
Boats and RVs ...................................7.75%
Visa Credit Card, Personal Loan or
Unsecured Credit Line ........................ 10.50%
Equity Access ................................... 5.50%
Savings/Certificate Secured................... 2.25%
Savings Rates
(Rates shown as Annual Percentage Yield)
Mauricio Cote, el Director de Servicios Latinos de Members Credit Union,
Miembro de la Junta Directiva de Habitat y ademas parte de la comunidad
católica de Winston Salem, tuvo el honor de reconocer a la nueva familia
propietaria.
Share, Trust, & Custodian Accts. ......... 0.15%
Checking Accounts ........................... 0.05%
Super 60 Savings ............................. 0.30%
Money Market Accounts .................... 0.20%
Christmas Club ................................. 0.05%
IRAs ................................From 0.30-0.80%
5-Month Certificate .......................... 0.15%
6-Month Certificate.......................... 0.20%
12-Month Certificate ........................ .0.30%
18-Month Certificate ......................... 0.40%
24-Month Certificate ......................... 0.50%
36-Month Certificate ......................... 0.70%
60-Month Certificate......................... 0.80%
Nosotros, la comunidad de Members Credit Union nos sentimos orgullosos
de participar en muchas y diferentes maneras para hacer de este mundo
un mejor lugar, con nuestro pequeño granito de arena en las variadas
actividades que desarrollan las instituciones sin animo de lucro.
NOTE: Rates shown throughout this publication
were in effect at press time, but are subject to
change without notice. Current rates can be
obtained via the contact information below.
Pictured on Right
(from left to right):
Sylvia Oberle,
Executive Director,
Habitat Forsyth,
Mauricio Cote,
Habitat Board
Member, Members
CU employee, and
Elaine Holland,
Partner family owner.
Members Credit Union
2098 Frontis Plaza Blvd.
P. O. Box 5297
Winston-Salem, NC 27113
(336) 748-4800
(800) 951-8000 (toll-free)
www.memcu.com
Federally Insured by the NCUA