www.blwd.org
december 2008
Your Hometown
Credit Union BFCU Holiday Loan
Your holiday season is sure to sparkle with this great loan offer:
Bellwood Federal Credit Union
7.99% APR*
Up to $3,000 • 12 months
Avoid the dash for cash and apply
for a BFCU Holiday Loan today!
This special loan offer ends
January 2009.
*APR = Annual Percentage Rate.
See BFCU for details.
Your mortgage
Wouldn’t it be nice to have a “home away from home”? At
Bellwood FCU, we think that a credit union should resemble
payment is probably
the characteristics of what our members look for in a home. the largest part of
Safety, security, and hospitality are all things that come to mind
– things that are sometimes hard to find. your budget.
Well search no further. We have all those characteristics, which
we can tailor to your personal financial needs, and more! So let’s see if we
Join our membership and receive benefits immediately!
can trim it down!
Our free member services include Checking, Debit Card, 1st box
of Checks, Online Banking, CU24 ATM, and no-fee Credit Cards. Ask us for a FREE Mortgage Check Up!
Plus, no minimum balance required for member accounts. We Whether you’re buying a new home or refinancing an
can also insure your funds up to $250,000 through the NCUA, existing loan, our Mortgage Loan Consultants will help
National Credit Union Administration. ensure your mortgage is in good health and possibly save you
thousands of dollars. We offer:
A comfortable visit and a safe place for your funds, Bellwood
Federal Credit Union is Your Hometown Credit Union. Experience u Lean rates and no hidden fees
our hospitality for you and your finances today! Stop by, give us u A wide variety of fiscally fit programs (including,
a call or visit our website at www.blwd.org to learn more about conventional, jumbo, VA and FHA)
how we’re here to serve you. u Fast processing and quick approvals
To find out more about our healthy mortgage choices and how
Happy Holidays we can help you save money, talk with one of our Mortgage
Loan Consultants at Member Options, our mortgage service
All of us at BFCU would like to wish you and your provider, at (888) 578-4747 or see our website at www.blwd.org.
loved ones a safe and happy holiday season! Credit is subject to approval. Acceptable credit and property standards apply.
Don’t know what to give a child for Christmas?
We know the perfect gift! The gift that keeps on giving…an
Education! Let’s talk about helping fund an education for a child. We
7101 Jefferson Davis Highway
P.O. Box 34628, Richmond, VA 23234-0628 can discuss the many different savings tools available to you. Contact
(804) 271-0181 Toll Free: (800) 504-8980 Tina Kehoe at 804-278-4704 to schedule a complimentary meeting
Fax: (804) 271-0246 with Dennis Perkins, Premier Financial Consultant.
info@blwd.org u www.blwd.org
Brokerage services provided by MICG Investment Management and not by Bellwood Federal Credit Union. The customer will
::: be dealing solely with MICG Investment Management with respect to brokerage services. Accounts carried by First Clearing,
Bellwood 24 (Audio Response) LLC, Member FINRA and SIPC. Securities are not NCUSIF Insured/ Not NCUA or Credit Union Guaranteed/May Lose Value.
(804) 743-7303 or (800) 899-2355
:::
Lobby Hours
Monday – Friday u 9:00 a.m. to 5:00 p.m. A Word About Dividends
::: Throughout the past several years, through regulation and deregulation, credit unions have
Drive-Up Hours been placed in a position where they are subject to the same kind of operation and cost
Monday – Thursday u 9:00 a.m. to 6:00 p.m.
structures as banks and savings and loans. This year has been unusual because the Federal
Friday u 8:00 a.m. to 6:00 p.m.
Reserves have reduced financial rates ten times. BFCU operates in this financial environ-
:::
Night Depository
ment and must operate efficiently when such changes occur. The result is that we must
Open 24 Hours a day keep services on a self-sustaining basis in order to provide member services and maintain
the best possible rate of return.
Surcharge-Free ATM Locator
www.cu24.com The Board of Directors and management also strive to build and maintain net worth, which
is reserves and capital. Net worth absorbs losses from unexpected loan defaults or covers
Major Point-of-Sale Locations for
Surcharge-Free Cash Back: other unforeseen financial setbacks. Federal regulations specify the level of net worth a
Best Buy u Eckerd Drug u Food Lion credit union should have as a percentage of credit union assets. The minimum required
Kroger u Sam’s Club u Walgreens dollar amount of net worth grows as your credit union grows and assumes more risks.
CVS Pharmacy u Wal-Mart u Home Depot
Lowe’s u U.S. Postal Service The Board of Directors declare dividend rates at the end of the quarter, which are based
on available current earnings after expenses and reserves have been set aside. Dividends
To Report Lost Or Stolen VISA Cards are computed on Share Savings, Term shares and Individual Retirement Accounts, based on
Call (800) 449-7728 their daily balance (day of deposit to day of withdrawal) and are paid on the last day of the
::: quarter. Dividends will not be paid on accounts that are CLOSED during the quarter.
To Report Lost Or Stolen ATM Cards
Contact The Credit Union At
(804) 271-0181 or (800) 504-8980
:::
Scholarship Applications Available
Service Center Locations u Applications for the Cheryl-Ann Stech/John Adams Memorial Scholarship are
10450 Midlothian Turnpike available. There will be two (2) $1,000.00 scholarships given away.
(Pocono Crossing Shopping Center)
Richmond, VA 23235 (804) 330-4233 u Applications for the Richmond Chapter of Credit Unions Scholarship are also
5001 Nine Mile Road available. There will be two (2) $1,500.00 scholarships given away.
(Fairfield Commons Shopping Center)
Richmond, VA 23223 (804) 236-1970 These scholarships are available to a high school student who will graduate in 2009 and
671 Southpark Blvd. will begin college by December 31, 2009. The student must be a member of a Richmond
(Inside Walmart) Chapter Credit Union.
Colonial Heights, VA 23834 (804) 504-0090
3701 Cox Road Applications are available at the credit union, or you can call us at (804) 271-0181 or
(Truliant Federal Credit Union) (800) 504-8980 and we will be happy to mail one to you.
Richmond, VA 23233 (804) 965-1966
Holiday Closings
For other CUSC locations log on to their
website at www.creditunion.net
ATM Location CHRISTMAS eVe NeW YeAR’S DAY
Defense Supply Center Richmond (DSCR) Wednesday, December 24 Thursday, January 1, 2009
Entrance Foyer – Center Cafeteria open until 1:00
8000 Jefferson Davis Hwy., Building 33 MLk, jR. DAY
CHRISTMAS Monday, January 19, 2009
Thursday, December 25
PReSIDeNTS DAY
NeW YeAR’S eVe Monday, February 16, 2009
Wednesday, December 31
open until 1:00