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					                                                                                                                                                IN THIS ISSUE
“Your Community Credit Union”
                                                                                                                                                                1      Consolidating
                                                                                                                                                                        Holiday Bills


                                                                                                                                                                                 Annual Meeting   2
                                                                                                                                                                3      Bounce-Free
                                                                                                                                                                         Protection

   JANUARY 2004
A monthly newsletter for member/owners of Florida Credit Union.
                                                                                                                                                                                 Preventing
                                                                                                                                                                                 Identity Theft   4
             Smart is ...                                                  Home equity loans
                                                                              for consolidating holiday bills
    The holidays are over, but many of us are still playing catch up from our holiday spending habits. FCU’s
    smart home equity loans for bill consolidation make paying holiday bills a lot more fun. That’s because all
    your work is done with just one payment. Plus, your interest rate will be a lot lower than those high rates
    you’re paying for credit cards.
    So, why make 3, 7 or even 10 separate payments a month when you could make just one simple payment?
    Your new home equity loan features:
                ■ No Closing Costs*
                ■ $100 Home Depot Gift Card (for loans over $30,000)
                ■ Affordable Payments
                ■ Low Rates


 An example of the savings:
              Auto Loan                                      $400
              Education Loan                                 $300
              Dept. Store Card                               $200
              Credit Card #1                                 $175
            + Credit Card #2                                 $150
                   Current Payments $1,225
            Now, consolidate with Florida Credit Union
            and your single monthly payment will be only:


                          $594.14
                 (that’s over $630* monthly savings!!)



 * Subject to credit approval. Minimum loan amount is $5,000.00. Property Insurance is required to   value ratio. Example uses a Florida Credit Union Smart Equity Plus-60 monthly payments of
   obtain the loan. Minimum loan is $10,000 where FCU pays closing costs. Estimated closing          $1.98 per $100.00 borrowed at 6.99% APR on a loan amount of $30,000. Payment reduction
   costs for loans between $5,000 and $9,999 are between $300 and $1,500. Your APR for any loan      reflects first month savings. Annual Percentage Rates are in effect December 5, 2003, and are
   advertised herein will be determined based on your credit history and the applicable loan-to-     based on individual’s credit history and are subject to change.
                                                                                            Account Services
                                                                                   Starter Checks . . . . . . . . . . . . . . . . . . . .No Charge
                                                                                    Temporary Checks
                                                                                    (per check) . . . . . . . . . . . . . . . . . . . . . . . . . . .$.50
                                                                                    Check Printing . . . . . . . . . . . . . . . .$15.00 -$35.00
                                                                                   Copy of Checks . . . . . . . . . . . . . . . . .$5.00 (each)
                                               Fee Schedule                      Check Cashing Fee



FCU’s
                                                                              (No charge with $1,000 on deposit or loan) . . . .$3.00
                                                                          Checking Minimum Balance Fees . . . . .$10.00 - $40.00
                                                                     Stop Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$30.00
                                                NSF (Insufficient Funds) Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$30.00
                                                Bounce-Free Protection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$40.00
                                                Automatic Transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$3.00
Annual Meeting                                  Research/Account Assistance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$20.00/hr.
                                                Lifeline Banking Service Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$8.00/Month
                                                Limited Relationship Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .No Charge
DATE:                                           Inactive Account Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.00 per month
                                                Inactive Checking Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.00 per month
Tuesday, February 24, 2004
                                                Below Minimum Balance Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00
                                                Excessive Savings Withdrawal Fee
TIME:                                           (No charge with $1,000 on deposit) . . . . . . . . . . . . . . . . .2 Free, $2.00 thereafter
6 to 8 p.m.                                     Deposit Verification . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00
                                                Charge Back Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$10.00
LOCATION:                                       NSF Charge Back Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$30.00
                                                ATM Usage Fee
Gainesville High School cafeteria               (Unlimited with $2,500) . . . . . . . . . . . . . . . . . . . . . . . . . .8 Free, $1.00 thereafter
1900 NW 13th Street in Gainesville              ATM Card Reorders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00
                                                Early Closing Fee (if closed within 6 months) . . . . . . . . . . . . . . . . . . . . . .$17.50
Hors d’oeuvres and beverages will be served.    General Services
                                                Membership Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.00
                                                Incoming Wire Transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$10.00
                                                Outgoing Wire Transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$20.00
                                                Outgoing Wire After 2:00 pm . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$25.00
                                                International Wire Transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$50.00
                                                Bad Address Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.00
                                                Copies of Statements (per page) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00
                                                History Printout . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00
                                                Telephone Transaction Request . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$3.00
                                                Travelers Checks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1%
                                                POS Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .No Charge
                                                Money Orders . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00/item, max. 5 per month
                                                Replacement Check Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$10.00
                                                Photocopies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$1.50/page
                                                Safe Deposit Boxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$35.00 - 3 x 5
                                                  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$45.00 - 5 x 5
                                                  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$55.00 - 3x10
                                                  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$70.00 - 5x10
                                                 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$90.00- 10x10

     Have you taken                             Key deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$3.00
                                                Foreign Item Collection Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00
                                                Cashier’s Checks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00

      advantage of                              Cash Advance Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2% of Cash Advance
                                                Garnishments, Levies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$50.00
                                                Notary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5.00
                                                Coin Processing Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . .7% of amount processed
  skipping a payment?                           Business Services
                                                Business Checking Monthly . . . . . . . . . . . . . . .$10.00 (If balances below $1,200)
                                                 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.00 (If balances below $500)
                                                Business per Check Deposit Return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$10.00
    Call us today to enroll, or                 Business Items (up to 225 free) . . . . . . . . . . . . . . . . . . . . . . . . . . .$.05 thereafter
                                                Business # Checks/Withdrawals (up to 225 free) . . . . . . . . . . . . . .$.05 thereafter

     see the enclosed insert                    Business # Items deposits (up to 225 free) . . . . . . . . . . . . . . . . . . .$.10 thereafter
                                                Business Strapped cash deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$.50 each

      with your statement.                      Fees effective November 1, 2003
                                                                                     Charges subject to change without notice.
 Home Equity Lines of Credit rates as low as
With a FCU Home Equity Line of Credit with MasterCard ®, you can
                                                                                                                                        1.99%*
access your equity line quickly and easily whether you’re hitting the
after-the-holiday sales or catching up from all those sales you took
advantage of before the holidays.
                                                                                                                                  for the first 6 months
Take advantage of today’s low rates with FCU’s 1.99% APR on Lines of
Credit with MasterCard. With benefits such as affordable payments and
no closing costs, NOW is the right time to consolidate bills with help
from a home equity line. Call today, this low rate is a limited-time offer.

                                                                                                             TM




Your new home equity loan features:

         ■ No Closing Costs**
         ■ $100 Home Depot Gift Card (for loans over $30,000)
         ■ Affordable Payments
         ■ Low Rates
* Subject to credit approval. Property Insurance is required to obtain the loan. Your APR for any loan         for new home equity accounts. Maximum APR for Smart Equity Flex Line of Credit is 18%
  advertised herein will be determined based on your credit history and the applicable loan-to-value           APR.
  ratio. The disclosed APR is effective December 5, 2003, and is subject to change. Upon expiration of      ** Minimum loan is $10,000 where FCU pays closing costs. Estimated closing costs for loans
  introductory rate, all balances will accrue interest at the standard APR, which is currently 3.75% APR.      between $5,000 and $9,999 are between $300 and $1,500. Closing within four days is
  Advertised rates are for a minimum loan of $30,000, qualifying credit history and 85% LTV or less.           pending a qualified property valuation, completed loan documentation and applicable loan-
  Special introductory rate is good for six months from loan origination. Limited time offer, only valid       to-value ratio.




 Smart is…
 Checking with Bounce-Free Protection
What is Bounce-Free Protection?
Your paycheck arrived late – why should you be                                                   ■ Generous Bounce-Free Protection is available
punished? Avoid multiple fees and embarrassment with                                                  for qualifying members*
bounce-free checking options* from Florida Credit
                                                                                                 ■ No monthly fee on checking accounts
Union. All FCU checking accounts are eligible* for this
valuable protection.                                                                             ■ No per check charge

As a courtesy to our members, FCU will pay your checks                                     Now is the time to open a Florida Credit Union Smart Checking Account
if you accidentally overdraw your account. With this                                       with Bounce-Free Protection!
protection, you won’t have to worry about checks being
                                                                                           Do you already have a Florida Credit Union checking account? Sign up for
returned. Bounce-Free Protection also allows you to
                                                                                           direct deposit through your FCU account, and you’re automatically enrolled
overdraw your account at the ATM. So when you need
                                                                                           in Bounce-Free Protection.
cash, you have it! In addition, point-of-sale transactions
at stores will be processed.                                                               Call your local office today for additional information.
FCU will process your check as if there were available                                     * Continued enrollment subject to approval, and subject to change. Each overdrawal of your account by check,
                                                                                             ATM, point-of-sale, etc. will be assessed a $40 fee, and your transaction will be processed as if there were
funds! The person or business you wrote the check to                                         available funds. Once you reach your bounce-free limit (up to $500 for qualifying members), normal NSF fees
                                                                                             will be assessed, and transactions will not be processed. Your account must be back in the positive within 30
will never know there weren’t available funds.                                               days, or FCU reserves the right to close your account.
How To Prevent Identity Theft
According to the Federal Trade Commission,          ◗ Cancel any credit
more than a half-million Americans will have          cards you don’t
their identities stolen this year. Even worse,        need or use. Be
victims spend on average 175 hours and $800           sure to tell the
to clear their names. Here are some tips from         lender to note the
the FTC on how to avoid identity theft:               card as
                                                      “cancelled at the
◗ Look at your credit card and bank account
                                                      cardholder’s
  statements carefully rather than glancing
                                                      request.”
  over them. This is usually the first place
  unauthorized activity will show up.               ◗ Don’t pre-print your
                                                      Social Security or
◗ Call your credit card company or credit
                                                      driver’s license numbers
  union if an account statement is late. A
                                                      on your checks.
  missing bill may mean someone called the
  company using your name, and changed the          ◗ Give out your Social Security
  billing address to prevent you from                 number only when absolutely
  catching their shopping spree.                      necessary. Ask to use other identifiers
                                                      when possible.
◗ Don’t give personal information over the
  phone, through the mail or online unless          ◗ If you suspect that you may be a victim of               Experian (formerly TRW,
  you initiate the contact or know the caller.        fraud, order a copy of your credit reports               http://www.experian.com/), P.O. Box
  Thieves will pose as credit union                   once a year to verify their accuracy.                    1017, Allen, TX 75013; report fraud by
  representatives, Internet service providers,                                                                 calling (800) 301-7195
  government agents, etc. to get you to reveal      If you find that you are a victim
                                                    of ID theft, here’s what to do                             TransUnion
  personal information.                                                                                        (http://www.transunion.com/), Fraud
◗ Tear or shred any documents that contain          1. Report the theft with each of the three                 Victim Assistance Division, P.O. Box
  personal information. These include credit           major credit bureaus listed here. (They all             6790, Fullerton, CA 92634; report
  card receipts, insurance forms, physician            have fraud centers.) Ask that a “fraud                  fraud by calling (800) 680-7289
  and account statements, and even credit              alert” be placed on your file. Also, request
                                                       that no new lines of credit be granted                  2. File a report with local police, or the
  card offers.                                                                                                    police department where the identity
                                                       without first seeking your approval. You’ll
◗ Deposit outgoing mail directly into post             be asked to record the incident(s) in                      theft took place. Be sure to get a
  office boxes, not in your own mailbox. A             writing, and include copies of any                         copy of the report (or report
  shocking number of thieves troll mailboxes           documents (e.g., a police report,                          number) in case your credit union,
  for your personal information. If you’re             correspondence with your bank or other                     credit card company or others need
  going on vacation, place a hold on your              creditors) to be used as evidence.                         proof of the crime.
  mail.
                                                    Equifax (http://www.equifax.com/), P.O.
◗ Don’t carry your Social Security card.            Box 740241, Atlanta, GA
  Stash it away in a safe place, and only carry     30374-0241; report fraud by calling
  a minimum number of ID and credit cards.          (800) 525-6285



  FCU Phone Numbers                 EQUAL HOUSING
                                    LENDER
                                                                                                                          PO Box 5549
                                                                                                                          Gainesville, FL 32627-5549
    Call your local number or                                                “Your Community Credit Union”
    1-800-284-1144                  Visit us at our Web site
                                    http://www.flcu.org                      Florida Credit Union is a state-chartered, full-service financial institution serving
                                                                             37,000 member/owners. Membership is open to all residents of Alachua,
    Gainesville    377-4141                                                  Bradford, Columbia, Gilchrist, Marion, South Clay, and Union counties.
    Lake City      755-4141         Call Center Hours of Operation            BOARD OF DIRECTORS:                         Dr. Dan McKinnon, Secretary
    Ocala          237-8222         9 a.m. - 8 p.m. Monday - Friday           Dr. Leonard Jackson, Chair                  Mr. John Benson, Director
    Starke         964-1427         9 a.m. - 5 p.m. Saturday                  Mr. Von Fraser, Vice-Chair                  Dr. Barbara Buys, Director
                                                                              Dr. Jacquelyn Hart, Treasurer               Dr. John Rawls, Director

				
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