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					                   THE DIVIDEND
                                                                                                                                 April 2011




WE HAVE MONEY TO LEND
While other financial institutions have tightened their lending              We offer many other loans to help with a variety of needs.
restrictions, Interstate is still helping members by continuing to make      Visit us on the web at iufcu.org for a complete list.
loans. Interstate is a strong, well-capitalized financial institution, and   To apply for a loan online, login to Internet Banking and
that is why we can continue to lend money to our members.                    under the self service tab click on Loan Application.
No matter what type of loan you need, Interstate can help! Below are a
few of our available loans:                                                  *APR=Annual Percentage Rate. Interstate Unlimited Federal Credit
                                                                             Union’s Equity Line is offered through Interstate Unlimited Federal
                                                                             Credit Union. As of 03/01/11, the variable APR for home equity lines
Home Equity Loans                                                            of credit ranges from 5.00% to 8.00%. This interest rate is subject to
Interstate is currently offering a fixed-rate Home Equity Loan with          change, but will not exceed 18.00% APR. Consult your tax advisor
rates as low as 5.00% APR* and NO closing costs.                             regarding the deductibility of interest. Property insurance is
                                                                             required. To qualify for no closing costs, the loan’s balance must be
Auto Loans                                                                   $10,000 or greater. Some additional restrictions may apply.
Interstate offers low, competitive rates on Auto Loans. We are               **APR=Annual Percentage Rate from 03/14/11 until discontinued for a
currently offering as low as 3.90% APR** for 60 months. We also              new, refinanced or used automobile, for loan term not exceeding 60
offer loans for motorcycles, boats, recreational vehicles and more!          months. Estimated monthly payments on 60-month loan at 3.9%
                                                                             APR=$18.32 per $1,000 borrowed. To qualify as a refinance, the loan
                                                                             must be refinanced from another institution to Interstate Unlimited
Credit Cards                                                                 Federal Credit Union. The rate may vary depending on each
Interstate’s MasterCard credit cards come with a competitive fixed rate,     individual’s credit history and underwriting factors.
no annual fee, online access and a rewards program.

…And Much More!
                                                                                                                   Inside this issue:


SAMMY SUPPORTS CHILD SAFETY                                                                               An IRA Reminder                    2

                                                                                                          Address Alert                      2
                       th
Saturday, February 12 Interstate Credit
Union’s children’s club mascot, Sammy the                                                                 New Employee                       2
Savasaurus, helped bring in traffic to Safe
Kid’s Child Safety Seat Check at Walgreens                                                                Holiday Closing                    2
in Jesup. Safe Kid’s Child Safety Seat Check
is a free service where parents and caregivers                                                            How Long to Keep                   3
receive hands-on assistance with proper use                                                               Financial Records
of child restraint systems and safety belts. To
have your child’s safety seat checked contact                                                             Here’s the 411 on Your             3
your local Police Department.
                                                                                                          Credit Rating

                                                                                                          Fee Schedule                       4

                                                                                                          Dividend News                      4


Interstate Credit Union
1-800-822-1124
www.iufcu.org
Phone Numbers
Jesup: 912-427-3904 Fax: 912-427-8426
Baxley: 912-367-9719 Fax: 912-367-5470
Midway: 912-884-2754 Fax: 912-884-3756




AN IRA REMINDER
You have until April 18, 2011 to contribute     Roth IRA - There is no tax deduction when      the account at retirement. See your tax
to a traditional or Roth IRA through your       opened, but interest accumulates tax-free.     advisor for details.
credit union for tax year 2010. A traditional   And, when you begin to withdraw from the
IRA can reduce your gross income and your       account at retirement, it is tax-free. Early   The annual 2011 contribution for a
investment can grow, tax deferred. Each         withdrawals are permitted for special          Traditional IRA is $5,000 and for those age
IRA has its own possible tax benefits. Call     circumstances (first-time home purchase or     50 or older, an additional contribution of
or stop by , and we'll be happy to answer       if you become disabled).                       $1,000 ($6,000).
any questions you may have about opening                                                       There are additional details you should
or adding to your existing IRA account.         The annual 2011 contribution for a Roth
                                                IRA is $5,000 and for those age 50 or older,   know before opening any type of IRA. Stop
Remember, April 18, 2011 is the deadline                                                       by the credit union and talk to one of our
                                                an additional contribution of $1,000
for contributing to your 2010 IRA.                                                             specialists to determine which type of IRA
                                                ($6,000).
An Individual Retirement Account (IRA)                                                         is best for you. Remember, you still have
remains one of the best ways to save for        Traditional IRA - A possible tax deduction     time to start your 2010 IRA, or you can start
your future. We now offer both Roth and         for tax year 2011, and the interest is tax-    your 2011 IRA. Let the credit union help
                                                deferred until you begin to withdraw from      you start yours today.
Traditional IRAs:



ADDRESS ALERT
If you have recently moved or are               identity fraud as prevalent as it is today,    phone number and e-mail address.
planning to move in the near future, it is      we cannot afford your information being        Simply logon to Internet Banking and
necessary for you to notify the credit          inaccurate or not being yours.                 under the Self Service tab, click on
union of an address change. By doing                                                           Personal Information. Make all the
                                                Also, if you have changed your telephone
this, you'll avoid not getting your                                                            necessary changes and click ok. It’s that
                                                number or have a new cell phone number,
statements and other correspondence on a                                                       easy!
                                                please let the credit union know so we
timely basis.
                                                can get a hold of you, if necessary.           If you are not enrolled in Internet
Also, understand we cannot take the                                                            Banking contact your local branch for
                                                We are now making it easier than ever for
change over the phone or by fax due to                                                         enrollment information.
                                                you to update your mailing address,
the new privacy laws in effect. With


        Holiday Closings
                                                NEW EMPLOYEE
               Memorial Day
      Saturday, May 28th and Monday             Please join us in welcoming Stacy
                 May 30th                       Bohannon to Interstate Credit Union.
             Independence Day                   Stacy is a full-time Member Service Rep.
                                                in our Jesup office. She is married to
      Saturday, July 2nd and Monday,            David Bohannon and the mother of Brody
                  July 4th
                                                Bohannon and Lance Daniels.
                                                So next time you stop by, please say hello
                                                to our new employee.
HOW LONG TO KEEP FINANCIAL RECORDS
You know you should keep your financial            Individual Retirement Account contribution         If you want to go paperless, converting all
house in order. But somehow that shoebox           records indefinitely as well. Keep monthly         documents to electronic files, be sure to
still overflows with account statements,           or quarterly statements for your retirement        keep up with technology. Anyone who has
bills, tax information, and random receipts.       plans until you receive your annual                stored tax records on a floppy disk may be
Now that spring is in the air, it's a great time   statement. If everything matches up, you           sorry now.
to get a fresh start and get those financial       can shred the quarterly statements. Same
documents under control. The key is                with statements from the credit union, other
knowing what to keep and what to toss. As          financial institutions, and brokerage firms
a rule of thumb, save things related to your       except save records of checks and
taxes, including returns and documentation         transactions related to your taxes, including
for income, deductions, and credits for            securities purchases, home improvements,
seven years. The IRS has three years to            mortgage or business expenses.
audit for good-faith errors, but six years if it
thinks you've underreported your gross             Go through your bills and shred those not
income by 25 percent or more. (There's no          related to taxes or to big purchases where
statute of limitation for failure to file or tax   you may need to prove their value for an
                                                   insurance claim. Keep legal documents such
fraud.)
                                                   as those related to legal filings, wills,
Consumer experts recommend you save                inheritance, and so on indefinitely.
your actual tax returns indefinitely. Keep




HERE’S THE 411 ON YOUR CREDIT RATING
If you're out of school, you probably              major credit reporting companies - Equifax,        four months, you can keep better track of
thought report cards could be left behind          Experian, and TransUnion - each year.              the information being compiled about you.
along with your gym shoes and locker               Order your free annual credit report online        Each agency collects slightly different
combination. Not so. At least with respect         at www.annualcreditreport.com or call 1-           information.
to your use of credit.                             877-322-8228. You can order all three
                                                   reports at once, but if you get one every
Credit reporting agencies compile
information for your credit report,
which is the basis for your credit score.
Your credit score is calculated by using
a mathematical formula, called an
algorithm, that predicts how much of a
risk you are to a lender. The higher
your score - the less risk you represent
- the less you will pay to borrow
money.
The most important factor in your
score (35 percent) is how you've paid
your bills in the past, with an emphasis
on recent activity. The amount of
money you owe and the amount of
available credit makes up 30 percent of
your score. How long you have had
credit makes up 15 percent of the
score, with the remainder based on new
credit applications and the mix of
credit. For more information, visit
www.myfico.com and click on "Education."
Regularly check your credit report to be
sure it contains accurate information. By
law, you can get a free report from the three

                                                                                                                 Hours of Operation
                                                                                       Monday - Wednesday 9 a.m. - 4:30 p.m.
                                                                                                   Thursday & Friday 9 a.m. - 5 p.m.
                                                                                    Saturday (Drive-Thru Only) 9 a.m. - 1 p.m.
                                                                        Our Midway office is open until 6 p.m. on Fridays and closed on Saturdays.
FEE SCHEDULE (as of March 31, 2011)
                                                                                                                 Reopen Closed Account Fee………………………………………........….$25.00 if
Share Account Fees                                                                                                                                          reopened (within 6 months)
Regular Share Account                                                                                            EFT Overdraft/NSF Fee…….……………………..……….…...…...…....$30.00
Excessive Withdrawal Fee ………………………………...……….……$5.00                                                              EFT Stop Pay…………...…………………………………..……..……..$30.00
                               per withdrawal over (6) withdrawals per quarter                                    Bill Pay Fee ………………………………………..……………….… ….$5.00
                                                                                                                                                                (if inactive for 60 days)
Christmas Club
                                                                                                                 MasterCard Credit Card
Early Withdrawal Fee……………………………………..…...….……$10.00
                                                                                                                 Annual Fee…………………….……………………………...……..No Charge
                                per withdrawal if withdrawn before October 1
                                                                                                                 Over Credit Limit Fee (per month)…………………..………………………$25.00
Check Cashing Fee…...………………………………………………….$5.00
                                                                                                                 Late Payment……………………………………..…………….…..……..$30.00
  per check cashed if member has less than $100.00 or uses no other IUFCU
                                                                       services                                  Return Check……………………………………..……………...………..$30.00
Early Account Closure Fee…………………………………...………….$5.00                                                              Cash Advance Fee…………………..………………………..…..2% of Advance
                                 for accounts closed within 90-days of opening                                                                                         (minimum $2.00)
Share Draft Account Fees                                                                                         Automatic Teller Machine
*Overdraft Fee……………………………..…… …….……$30.00 per item                                                               (ATM)
*NSF Fee………………………………..…………. ……..$30.00 per item                                                                  ATM Card Replacement Fee……..…………………..………………...…….$5.00
Stop Payment Fee ………………………..…………….…..$30.00 per request                                                          ATM Card PIN Replacement Fee…………………………………..…….….$5.00
Share Draft Printing Fee…………………………….…..….….Prices may vary                                                       Overdraft Fee…………………………………………............................…..$30.00
                                                          depending upon style                                   Network ATM Withdrawal
Share Draft Service Charge Fee                                                                                   Transfer Fee………………….…………………………….……...….……$1.50
Per month if minimum balance has not been met…………..….……….…….$4.00                                                CU 24 ATM Withdrawal Fee…..…………………………….….…....No Charge
With Direct Deposit………………………….…..………..……….No Charge                                                              ATM Balance Inquiry………………………………………….………...…..$.50
Share Draft Copy Fee………………………………….…..….$1.50 per check                                                                                                               (after 2 per month)
VIP Checking Service Charge Fee………………………..….....$5.00 per month                                                  Debit Cards
Other Service fees                                                                                               Insufficient Fee……………………………….....…………………...……..$30.00
(applicable to all accounts)                                                                                     Sales Draft Copy…………………………….………..……………....…….$3.00
Account Reconciliation…...………………………………..… $10.00 per hour                                                        Debit Card Replacement Fee……………………….……………………..….$5.00
Account Research Fee….………………………………....…..$10.00 per hour                                                         Debit Card PIN Replacement Fee…………………………….….…..…….…$5.00
Statement Copy Fee……………….…………………………..$2.00 per copy                                                              Safe Deposit Boxes
Deposit Item Return Fee……………...…………………..…..$10.00 per item                                                       5 x 5……………………..…………….………………………..……….$18.00
Wire Transfer (outgoing) Fee……………………………….$15.00 per transfer                                                     3 x 10…...…………...…..…………...………..……………………...….$22.00
Money Order Fee…………………….………………...$1.00 per money order                                                           5 x 10……………………….………...…………………….…..……….$42.00
Legal Process Fee…………….………………..……………..….actual charges                                                           10 x 10……………………………...……………………….……..……$62.00
Dormant Account Fee…………………………………......…$5.00 per month                                                           The rates and fees appearing in this Schedule are accurate and effective for
                                                   (12 months with no activity)                                  accounts as of the Last Dividend Declaration Date indicated on this Rate and
Credit Union Corporate                                                                                           Fee Schedule.
Check Fee……………………………………..……………..$1.00 per check                                                                  *A fee will be imposed for overdrafts created by share drafts, ACH, Point-of-
                                                                                                                 Sale, ATM withdrawals, in-person withdrawals, or by other electronic means.




                                                   DIVIDEND NEWS — as of March 31, 2011
    *Minimum amount required to open a share/club account is $5.00. Minimum amount required to open a checking
    account is $25.00                         Average Daily Balance         Dividend Rate      APY                                                          Share Certificates & IRA Certificate Rates
                                                                                                                                                               * Minimum amount required $1,000.00*
       Regular Shares                     $100.00 - $2,500.00                  0.25%         0.25%                 Term                                                                    Dividend Rate                              APY
       Christmas Club                     $2,500.01 - $5,000.00                0.35%         0.35%                  12 Month                                                                   1.25%                                1.26%
       Vacation Club                      $5,000.01 - $40,000.00               0.50%         0.50%                  $100,000.00 +                                                              1.25%                                1.26%
                                          $40,000.01 +                         0.75%         0.75%
                                                                                                                    24 Month                                                                   1.50%                                1.51%
       Regular Checking                   $300.00 - $2,500.00                  0.15%         0.15%                  $100,000.00 +                                                              1.50%                                1.51%
       Student Checking                   $2,500.01- $5,000.00                 0.25%         0.25%
       Senior Checking                    $5,000.01 +                          0.35%         0.35%                  36 Month                                                                   1.75%                                1.76%
                                                                                                                    $100,000.00 +                                                              1.75%                                1.76%
       Money Market                       $300.00 - $2,499.99                  0.25%         0.25%
                                          $2,500.00 - $9,999.99                0.40%         0.40%                  48 Months                                                                  1.80%                                1.81%
                                          $10,000.00 - $24,999.99              0.60%         0.60%                  $100,000.00 +                                                              2.00%                                2.02%
                                          $25,000.00 - $49,999.99              0.70%         0.70%
                                          $50,000.00 - $99,999.99              0.80%         0.80%
                                                                                                                    60 Months                                                                  2.00%                                2.02%
                                          $100,000.00 +                        1.00%         1.00%
                                                                                                                    $100,000.00 +                                                              2.20%                                2.22%
       IRA Share                          $25.00 +                             1.05%         1.05%
                                                                                                                 Terms may change. Terms and Conditions subject to change without notice. Fees could reduce earnings on the account. After your
                                                                                                                 certificate is opened, the dividend rate is fixed for the term. A penalty is imposed for early withdrawal. APY is Annual Percentage
                                                                                                                 Yield. The dividend rate may change after the member opens the account.




 This Credit Union is federally-insured by the National Credit Union Administration.                                                                                                                             13182-NEWSLETTER-0311

				
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