5th Annual Photo Contest!
79th Annual Meeting
News10 Teacher of the Month
JANUARY 2012 schools.org BETTER VALUE. OUTSTANDING SERVICE. SM
When you want to lose Rates As Low As the introductory period
weight, you cut calories and ends. The Schools Platinum
start a tness plan. When Visa® Credit Card o ers
you want to whittle down everyday rates as low as
your debt (especially after 7.99% APR with NO
those holiday shopping NO Balance Transfer Fees. balance transfer fees.
sprees!), you nd a low-rate Start your debt diet today. Apply for a
credit card and consolidate balances. But low-rate Schools Platinum Visa Credit Card at
don’t let limited-time 0% o ers fool you. schools.org, call 916-569-5400 (Sacramento
Most of them have a 3% - 5% balance area) or 800-962-0990 or visit any branch.
transfer fee and rates in the 20% range when
Introducing Visa eStatements
Now all Visa Credit Card account holders can access their statements online.
Follow these easy steps to enroll in FREE eStatements:
Login to Personal Branch Online Banking Click Online Services
Click Visa Inquiry Click Enroll in eStatements
T O P- 5 V A LU E P R O D U C T S : F R E E B I L L PAY • E Q U I T Y P R O D U C T S • A U T O LO A N S • C E R T I F I C AT E S • P L AT I N U M V I S A ® C R E D I T C A R D S
RATES AS LOW AS
2011 Grand Prize Photo
We’re celebrating the fifth issue of our Member Photo Edition calendars this year, Short-Term, Low-Rate
and we want the treasured photos that your friends and family rave about. Pull Mortgage Loan
out all the stops — send photos of exotic locations and sophisticated landscapes
If you’re a homebuyer looking for a short term
from every season. The owner of the grand prize photo will receive $500!2 Email with a remarkably low rate, the Short-Term, Low-
your photos to firstname.lastname@example.org by June 30, 2012. Rate Mortgage loan was designed for you. With
no closing costs4,5 and no points, there’s no reason
Photo Contest Guidelines:
you shouldn’t contact a Schools Real Estate Loan
••Submit high resolution (8x10 print quality or higher / 300 dpi) digital photos
Counselor today! Call 916-569-5473 (Sacramento
to email@example.com. Please attach digital photos to the email; do
area) or 800-962-0990, ext. 5473 to start saving
not include photos in body of email.
••Submissions must include your name, phone number and a photo
• 5 years at 3.35% / 3.35% APR3
description (Note: Schools will not use your personal information for any • 7 years at 3.55% / 3.55% APR3
reason other than to communicate with you about the contest). • 10 years at 3.75% / 3.75% APR3
••Horizontal submissions are best for calendar consideration. Vertical
submissions can be used in other marketing materials.
A panel of seven judges will choose the photos based on quality, composition,
creativity, overall impression and cohesion with other submissions to form a
theme. By submitting a photo, you are agreeing to the Official Rules of our Photo
Contest. Visit schools.org or any branch for more information and the complete
Planning Your Financial Future
Do You Mail Payments
To assist with planning your financial future, Schools Financial Credit Union has and Deposits?
developed a relationship with LPL Financial (Member FINRA, SIPC). LPL financial Our payments and deposits address has changed.
consultants offer professional guidance and access to a full range of financial Effective immediately, please mail all your payment
options, including investment analysis, mutual funds, annuities, life insurance and deposit correspondence to the new address
and more. Your LPL financial consultant can help you create a strategy that is below:
suitable for you and your situation. Loan Payments & Deposits
Call 916-334-1241 today for a FREE, no-obligation consultation. Schools Financial Credit Union
P.O. Box 526003
Securities and insurance products offered through LPL Financial and its affiliates. Member FINRA/SIPC. Sacramento, CA 95852-6003
Not NCUA Insured. No Credit Union Guarantee. May Lose Value. Please discontinue sending your payments and deposits to P.O. Box
Schools Financial Credit Union is not a registered broker/dealer and is not affiliated with LPL Financial. 60043, City of Industry, CA 91714-5033.
RATES AS LOW AS Schools’ 79th Annual Meeting
The 79th Annual Meeting of Schools Financial Credit Union members will be
held at 2:00 p.m. on Sunday, March 18, 2012, at the Orangevale Branch. The 2012
Annual Meeting will include reports from the Board of Directors, Supervisory
Committee and Management. Hear annual progress reports, enjoy lunch and
chat with fellow Credit Union members. Please join us for this informative affair.
RSVP by calling 916-569-2001 (Sacramento area) or 800-962-0990, ext. 2001 by
March 12, 2012.
Low-Rate Auto Loans
We’re outshining the competition with rates as low
The Nominating Committee, chaired by Ron Kramnic with members Gloria Ross
as 2.99% APR for terms to 66 months for new and
used autos, plus no payments for 60 days.7 And if and Dolores Bleekman, has nominated Emilio Martinez and Theresa Matista for
you’re refinancing from another lender, we’ll give three-year terms to the Board of Directors, and Diana Wyman for a three-year
you a FREE Guaranteed Auto Protection Waiver term to the Supervisory Committee.
valued at $350!
Emilio Martinez has been a member of Schools since 1967. He was elected
Tell the dealer you want to use Credit Union Direct to the Supervisory Committee in 1993, elected Secretary to that Committee in
Lending (CUDL) to finance with Schools, apply 1997, and Chairman in 2001. In 2004, Emilio was elected to the Board of Directors.
online or visit any branch. Go to schools.org for
Emilio earned his Bachelor of Science degree from Central Michigan University and
current terms and payment calculators.
his graduate degree from the University of San Francisco. After working for six years
as a teacher and Sacred Heart Credit Union volunteer in Saginaw, Michigan, Emilio
moved to California. He taught in the San Juan Unified School District for 29 years
before retiring in 1995.
Theresa Matista has been a Credit Union member since 1996. She was
elected to the Board of Directors in May 2004. Theresa earned her Bachelor of
Science degree in Finance from Santa Clara University and her Master of Business
Administration degree from California State University, Sacramento. Theresa has
worked for the Los Rios Community College District for 21 years. She currently
serves as the Associate Vice Chancellor, Finance at the Los Rios Community College
Diana Wyman was elected to the Supervisory Committee in October 2008
and has been a Schools member since 1959. Mrs. Wyman has over 50 years
News10 Teacher of the Month experience in marketing management, including serving as the Vice President of
Timothy Dant − Linda Elementary School, Marysville Marketing at Schools. She received her Bachelor of Arts degree from Sacramento
News10, Sacramento State University and Schools State University in Language Arts. Now semi-retired, Mrs. Wyman is still an active
have joined together to profile extraordinary marketing consultant for regional arts groups, including the Sacramento Ballet and
teachers in our community each month. Nominate Sacramento Opera.
an outstanding educator for Teacher of the Month at
IMPORTANT NOTICE — PROXY USE
If you have appointed the Credit Union‘s Board to act as your representative by means of a current, unrevoked proxy, the proxy
will be voted by the Board‘s authorized designee at member meetings on director and supervisory committee elections,
amendments to the bylaws and articles of incorporation, as well as such other proper business as may come before such
meetings. Your proxy may be revoked by a subsequent proxy, or otherwise in writing. You may also withdraw your proxy from
any meeting you attend in person.
Quarter Savings Rates and Yields
Your Board of Directors intends to pay the following:
Dividend Rate Annual % Yield
Facebook & Twitter
Banking for Everyone Savings/Youth Account
7.00% see below1 7.00% see below1 Be Connected!
Banking for Everyone Savings/Youth Account 0.05% 0.05%
Summer Reserve/Holiday Savings Club 0.05% 0.05% Get social with us! Connect and share with Schools on
Facebook and Twitter.
IRA and Deferred Compensation Shares2,3
Tier # Balance Range
••Get the latest Credit Union information.
1 Up to $9,999.99 0.05% 0.05%
2 $10,000 - $19,999.99 0.05% 0.05% ••Watch out for sweepstakes and giveaways.
3 $20,000 - $99,999.99 0.25% 0.25%
4 $100,000 and over 0.35% 0.35% ••Check out our current employment opportunities.
Interest Checking Account for January 0.05% 0.05%
••Read informative financial and local news.
Super$hare Account for January
Tier # Balance Range Search for Schools Financial Credit Union on Facebook
1 Up to $999.99 0.05% 0.05%
2 $1,000 - $2,499.99 0.05% 0.05% and myschools on Twitter.
3 $2,500 - $9,999.99 0.05% 0.05%
4 $10,000 - $49,999.99 0.05% 0.05%
5 $50,000 and over 0.25% 0.25%
Premier Money Market Savings and Checking Accounts3 for January
Savings $0 - $19,999.99 0.05% 0.05%
Savings $20,000 - $99,999.99 0.25% 0.25%
Savings $100,000 and over 0.35% 0.35%
Checking $0 - $19,999.99 0.05% 0.05%
Checking $20,000 - $99,999.99 0.05% 0.05%
Checking $100,000 and over 0.15% 0.15%
1 APY = Annual Percentage Yield. A dividend rate of 7.00% will be paid only on the portion of your daily balance that is less than $500.01 that meets
the Banking for Everyone Savings/Youth quali cations. The APY will range between 7.00% and 7.19% depending upon account balance. Dividends
Your Credit Union Governance
compound at 7.00% APY up to an account balance of $500. Notwithstanding anything to the contrary in your Schools Financial Credit Union Truth Board•of•Directors President•&•CEO
in Savings Disclosure (“Disclosure”), you understand and agree that the 7.00% APY does not compound on the portion of your daily account balance
greater than $500. A separate dividend rate will be paid on nonqualifying accounts and the portion of your account balance greater than $500. E.J. Houghton, Jr., Chairman Jim Jordan
Business and organization accounts are not eligible. One Banking for Everyone account per Social Security Number. Contact the Credit Union or visit R.E. Kramnic, Vice Chairman
schools.org for additional account qualifying information.
2 Applicable only to IRA and Deferred Compensation share accounts. IRA and Deferred Compensation Certi cates are not included. Contact the M. Smith, Treasurer
Credit Union for additional account information. G.L. Ross, Secretary Supervisory•Committee
3 Minimum balances required to earn stated Annual Percentage Yield (APY). E. Martinez, Director G.A. Smith, Chairman
Visit schools.org or call 916-569-5400 (Sacramento area) or 800-962-0990 for current rates and T. Matista, Director D. Wyman, Secretary
yields paid on Premium Rate Certi cates, IRA Certi cates and Deferred Compensation Certi cates. D.E. Bleekman, Director G. Bleekman
Protect Your Identity Shared Branching
CO-OP Network Holiday 916-569-5400 (Sacramento area) or
Schools is dedicated to protecting your Access your accounts FEE-FREE All Schools Financial Credit Union offices will schools.org
identity. Please visit our Web page with nationwide at over 28,000 CO-OP be closed in observance of:
important information about keeping your Network ATMs. Make deposits, get cash Martin Luther King, Jr. Day
identity safe: and more! To find an ATM near you, visit Monday, January 16, 2012
https://www.schools.org/info/protect_ schools.org or text* your ZIP code to
your_identity.asp. MYCOOP (692667). Your savings federally insured to at least $250,000 and backed
by the full faith and credit of the United States Government.
*Standard text messaging rates apply. National Credit Union Administration, a U.S. Government Agency.
Rates and terms are accurate as of January 1, 2012, and are subject to change without notice.
1 APR = Annual Percentage Rate. The APR is variable and may change monthly. Credit limits based upon the member’s creditworthiness and ability to repay. Total aggregate unsecured credit, including Visa, lines of credit and computer loans, cannot exceed the Board-approved maximum.
2 Consumer Disclosure: “Photo Contest”: One prize of $500 will be awarded in the form of a Schools Counter Check. Odds of winning are based upon the number of entries, which are estimated to be 1 in 1,500. All entrants must be members in good standing, eligible per
Credit Union policy and at least 18 years of age. Credit Union officials, employees and their families are not eligible to receive cash prizes. Entries are accepted through June 30, 2012. By submitting a photo, you are entering the Photo Contest, agreeing to the complete Official Rules of the
Photo Contest and granting the Credit Union the right to identify you as the owner of the photo. Schools reserves the right to edit photos, and based on quality of submissions, we may not choose to publish the winning photo in our 2013 Wall Calendar. For complete Official Rules, visit
schools.org or any branch.
3 APR = Annual Percentage Rate. All loans are subject to credit approval and Credit Union policies and procedures. Representative example: A $100,000 loan with an Annual Percentage Rate of 3.35% and a 60-month term would have a payment of $1,812.46. Representative example: A
$100,000 loan with an Annual Percentage Rate of 3.55% and an 84-month term would have a payment of $1,346.26. Representative example: A $100,000 loan with an Annual Percentage Rate of 3.75% and a 120-month term would have a payment of $1,000.61.
4 Closing costs paid by the lender include credit report, document preparation, tax service, title and similar fees that are customary and reasonable to a standard refinance transaction.
5 If more than 20% of the original principal amount is paid off within the first 12 months there will be a prepayment charge equal to the amount of your closing costs or the sum of six (6) months’ advance interest on the amount of the excess, whichever is less.
6 APR = Annual Percentage Rate. Your interest rate will be determined by the amount financed, loan term and your credit history. Representative Example: A $15,000, 66-month loan at 2.99% APR and 100% financing would require 65 payments of $246.77 with one final payment of
$246.60. Rates and terms are subject to change without notice.
7 Interest will continue to accrue from the date of purchase.