Delivering For You...Value, Quality and Service
A Quarterly Publication for Members of West Coast Federal Employees Credit Union Fall 2009
Especially this year, don’t let the magic and
true meaning of the holiday season pass you by. Be A Star CD
Celebrate with your loved ones, and reach out to those in need. But since gift giving is still a part of that
tradition... don’t miss out on all the pre-holiday sales. Why not let us help you wrap-up your shopping early Youth Accounts
with our SPECIAL HOLIDAY LOAN.
BORROW UP TO $3000
AT 2% OFF OUR ALREADY LOW RATES* Family
You can get the extra money you need NOW! Hurry and apply, because we take the wrapping off this Membership
SPECIAL HOLIDAY LOAN on December 31, 2009.
* The rate you receive depends on your credit worthiness. Credit restrictions apply. Member must meed credit union lending guidelines. VISA Gift Cards
Take a Ride International Quick Spin
Down Route 66! Credit Union Day
October 15, 2009 SMiShing
Your MONEY, Your CHOICE,
Your CREDIT UNION
Design a Seminar
Extended warranty protection for our members.
Introducing our Route 66 Extended Warranty – The This year’s theme celebrates the advantages of Avoid Risk & Fees
lowest cost, best coverage plan for your vehicle. credit union membership. Value, trust and service
Here’s the good news...you don’t even have to have are just some of the many benefits of being a Credit Score Info
your vehicle financed with the Credit Union to take member of West Coast Federal Employees Credit
advantage of this program. It covers nearly all Union. You are in charge of your money AND your
new/used vehicles and protects you against major credit union. We are proud of our heritage as a Postal History
mechanical expenses no matter where you travel in cooperative financial services provider and our
the United States, with NO DEDUCTIBLE on connection to the more than 185 million members
of 53,000 credit unions in 97 countries worldwide.
covered parts and labor. So what are you waiting
for? Save money! Share the gift of membership with your family and HERE
Get protected today! Stop by, check out our website
co-workers. FOR YOU!
www.wcfecu.org or call our Loan Department for Stop in for cake and coffee plus a small token of
more details. appreciation on October 15th.
Take a Break From Loan Payments...Skip-A-Pay is Back!
Watch For Details
West Coast Federal Employees Credit Union
This Season, Let Your
WCFECU Visa Card
Be Your Ticket
To Gameday! Family Members Don’t
No matter how you
boast your true NFL
Kids, Teens Let Family Members
colors, gameday should & Young Adults Bank at Banks
always kickoff with
Visa helping you buy We’ve got accounts that It’s a Mouthful – But It’s True!
all the necessities, from snacks and drinks meet their needs!
Especially in today’s economic climate!
to your favorite team jersey. Don’t let your family members miss out on
Whether it’s our Coaster Kids Club
When you use your Visa credit card between introducing children 0 - 12 years to the the benefits of Credit Union membership.
September 10 and November 30, 2009 world of savings, our Coaster Teens Club Don’t let them continue to line the pockets
you’ll be automatically entered for a teaching those 13 - 17 how to begin to of banks by paying high fees and high loan
chance to win the ultimate NFL experience. manage their money, or our new Young rates while getting low returns on their
The more you use your Visa credit card, the Adults Account helping 18 - 25 year-olds investments. Show them how much you
more chances you have to win. become more financially savvy...WE ARE care. Your family will appreciate you
HERE TO HELP! sharing the Credit Union experience with
The Grand Prize winner and three friends them. Whatever their age or financial
will receive a trip to a 2009 NFL Playoff Each account has benefits designed status...we can help.
game, the 2010 NFL Pro Bowl, and Super especially for that particular age group.
Bowl XLIV, courtesy of Visa, including Make sure all the young people in your We promise to serve them as well as we
tickets, airfare, accommodations and more. family are signed up in the appropriate have served you. Being related to you is all
account and let them reap the rewards of they need to qualify for membership...
For more details, including how to win Credit Union membership TODAY! membership for life!
without a purchase please visit our website
www.wcfecu.org and click the NFL Promo
Be A Star!
Advantage Member CD
Visa Gift Cards
All Sarasota Postal Starting Your Holiday Gift List?
Checking It Twice?
18 Months at Retirees & Spouses
Don’t know what to get for that brother-
2.50% APY* in-law that already seems to have every
Minimum Deposit of only $500! IT’S OFFICIAL...
gadget ever invented? You know that your
The following active accounts are all you Mark your calendars for teenage daughter wants music, but last
need to qualify for this special rate: Wednesday, November 11th year she liked Miley Cyrus, and this year
• A checking account at 11:30 a.m. you’ve heard her mention Lady Gaga.
• Our LOW rate Visa Credit Card** You’re not even sure what Lady Gaga is.
We are starting a new tradition – an annual
Lock in this great rate TODAY! Call us at lunch at Troyer’s Dutch Heritage. The answer is easy. Purchase Visa Gift
(941) 925-2890, stop by the office, or visit Please call to make your reservations by Cards for all those on your gift list. Save
us on the web at www.wcfecu.org. November 6, 2009. See you there. time, hassle and embarrassment. See us
* APY = Annual Percentage Yield today for your Visa Gift Cards...and just
** An active checking account has at least 10 transactions per month
with a minimum of 5 transactions via Debit or ATM card. An active Visa
Jack Huppert 755-6340 like that... your shopping nightmares are
Credit Card has at least 3 transactions per month. An active loan with a Barbara Gomez 371-7385 over. Call, stop by, or visit us on the web at
minimum balance of $5,000 may substitute for an active Visa Credit
Card. Jerry Jurgensmier 358-7411 www.wcfecu.org for more information.
(941) 925-2890 • GABY (941) 924-9378 • www.wcfecu.org
West Coast Federal Employees Credit Union
Quick Spin Instant Win Game! Did You
WIN UP TO $3,000 Know???
ENDS OCTOBER 31ST
We have partnered
Still not taking advantage of the convenience of our Home with other providers
Banking Online Bill Pay? Check balances. View your transac- to offer our members
tion history. Transfer money with ease. And now, you can get additional services
$10 plus a chance to win. You may already qualify for FREE and great prices.
Bill Pay. Visit our website at www.wcfecu.org or speak with a
member service rep for details. ,0
$3 They include:
Just sign up for our Home Banking Online Bill Pay,
set your payees, and pay 7 bills online by October 31,2009.* • IDSafeChoice
• Pay bills from one site with one password. (Identity Theft
• Save checks. Protection)
• Recurring payments for regular bills = no more late fees!
• Route 66 Extended
* NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Legal residents of the 50
United States (and DC) 18 years and older. Ends 10/31/2009. Void where prohibited. $10 Credit Offer Terms and Conditions: Individuals must Warranty
have an eligible checking account to receive the $10 credit. Offer applies to individuals that newly enroll in our Home Banking Bill Pay and
set up 7 payments that process between 9/1/09 and 10/31/09. Offer is valid for a maximum credit of $10 per individual. For official rules, • GAP Insurance
including odds, and prize descriptions and $10 Credit Offer additional terms and conditions visit www.quickspin.com/?page+rules.
• Shared Branching
SmiShing • CUNA Auto, Home
& Life Insurance
Reports of SmiShing attacks (also known as text
phishing) have been impacting cardholders of • CUNA Credit Life and
financial institutions, including credit unions. Disability Insurance
SmiShing is a type of engineering that uses cell • Dental Insurance
phone text messages to persuade victims to
provide personal information such as card • Visa Gift Cards
numbers, PIN’s and the CVV2 numbers on the back • and more... see
of your card. It usually advises that your card has been our website
deactivated or suspended and gives you a number to call. www.wcfecu.org
We will NEVER advise you of problems with your credit or for details
debit cards in this manner. Neither will other financial institutions.
DO NOT RESPOND TO THESE REQUESTS.
Call the credit union directly if you are ever in any doubt.
Host A Postal History Columbus Day,
Monday, October 12, 2009
FREE Seminar. Benjamin Franklin, our
Help your family and friends First Postmaster General! Veterans’ Day,
become financially savvy! Wednesday, November 11, 2009
Franklin was appointed postmaster of Philadelphia by the
Host a FREE workshop on Thanksgiving
British Crown Post in 1737. In 1757, he traveled 1,600 miles
Budgeting, Identity Theft or Thursday, November 26, 2009
surveying post roads and Post Offices from Virginia to New
Building a Strong Credit
England. In 1774, judged too sympathetic to the colonies, Christmas Day
History. You provide the
he was dismissed. In 1775, Franklin served in the 2nd Friday, December 25, 2009
location (community center,
Continental Congress, which appointed him Postmaster
apartment recreation, church New Years Day
General. With an annual salary of $1,000 and an additional
social hall etc.) We’ll provide Friday, January 1, 2010
$340 for serving as secretary and comptroller, Franklin was
the speaker and workshop
responsible for all Post Offices from Massachusetts to Georgia
and had the authority to hire postmasters as necessary.
(941) 925-2890 • GABY (941) 924-9378 • www.wcfecu.org
Why Risk Your Money? The Secret to SHARE SAVINGS RATES
Safeguard Your Federal Benefit Payments. Avoiding Fees! Primary Shares
$100 - $2,499.99
Are you concerned about the safety of In today’s economy, the last thing that $2,500 - $49,999.99 .50% .50%
your monthly federal benefit check? If any of us can afford is unexpected fees.
$50,000+ .50% .50%
so, you’re not alone. According to new Other Shares .25% .25%
So we’d like to help you by explaining IRA Shares .75% .75%
research, concerns about financial crimes why some fees occur and clarifying Money Market $2,500 - $24,999.99 .50% .50%
are growing, with 17% of Americans some myths that have been widely held $25,000 - $74,999.99 .75% .75%
saying they have been a victim - up 6% and circulated for years.
$75,000+ 1.00% 1.00%
since 2005. CD*
6 Month CD 1.00% 1.00%
Why is the fee charged?
Take a simple step to ensure your Social 12 Month CD 1.24% 1.25%
We process thousands of member 12 Month> ($25K CD & IRA CD) 1.49% 1.50%
Security, SSI or other federal benefit transactions per month, many in the form 24 Month CD 1.89% 1.90%
payments arrive safely and on time - of checks and debit card transactions. 24 Month> ($25K CD) 1.99% 2.00%
switch to electronic payments. With The great majority of them are 60 Month CD 2.48% 2.50%
electronic payments, there is no risk of lost WCFECU Star Special 18 Month CD 2.48% 2.50%
processed and paid as planned, *Rates are subject to change. Ask any credit union employee for terms and
or stolen checks, and no need to carry however a small percentage don’t make conditions related to the above accounts. Rates effective 9/21/09.
large amounts of cash. The Department it through the process as intended
of the Treasury recommends a safe easy because there are not sufficient funds Board of Directors
alternative to paper checks for federal available to pay the item when it Chairman Garrett W. Faber
benefits payments. arrives. Non-Sufficient Funds (NSF)
Vice-Chairperson Barbara Gomez
Secretary Karl J. Smith
Have your money direct deposited fees are assessed to help us to recover Treasurer William Schrader
into your Credit Union account. the costs involved with the process of ALCO Chairman Jack G. Huppert
Treasury’s GO DIRECT campaign gives returning them, as well as to offset Director/Audit Committee Doris Hipsher
you a fast, easy way to sign up for direct the financial risk it represents. We Director/Audit Chairman Richard D. Murias
deposit by phone or online. Money goes strive to keep these fees as low as Director/Audit Committee Patricia Whannel
straight to your account each month, so possible... much lower than banks or
you never have to worry. To sign up call other profit-motivated institutions. Management & Staff
(800) 333-1795 or visit www.GoDirect.org President Marie E. Peet, CCUE
Two Myths VP of Operations Pamela J. Byler
and sign up today. Call Cindy for the correct Isn’t there a “Float Time”? VP of Lending Lisa F. Froelich
account format. No there is not. In fact, technically Loan Officer Joyce Seger
speaking, writing a check when you Collector Raymond Townsend
Is Your Credit Affecting know there is not enough money to Loan Processor Jennifer Hartl
cover it is fraudulent (and illegal). Loan Clerk Robert Touret
Your Insurance Premium? Years ago the reality of the banking Accounting Marjorie Rivera
Asst. Operations Manager Cathy Olin
Most people understand that your driving system was such that there was often a
Membership Officer Cynthia Holderman
record influences your auto insurance period of time between writing a check Teller Supervisor Valerie Mahr
premiums. But did you know that 90% of and when it would clear your account. Member Service Representatives
insurers now use the applicant’s credit Those days are gone. Now there are Cesar Vicuna, Paul Gualtieri
history to determine what policies to many merchants, processors, networks Marketing Violet Mason
offer a customer? and other entities involved in the Tallevast
processing of transactions around the Security Officer William Rizzo
If your credit score is low, you may have Member Service Representatives
clock. Many now clear in seconds...not Heather Cookman, Monica Bueno
to pay a higher premium. It is very days.
important to understand your credit score
and the factors that affect it. Some of If the machine approved me, I must MAIN OFFICE
these are: have enough money in the account! 3487 Clark Rd., P.O. Box 17185
Not true. There are many variable Sarasota, FL 34276-0185
• Payment History - the single largest factor is FAX: (941) 922-2973 • www.wcfecu.org
your credit card and loan payment history. involved in the authorization of a Office Hours: Mon., Tues., & Thurs. 9 am - 5 pm
• Money Owed - The number of accounts you transaction at the merchant level, the Wed. 9 am - 2 pm • Fri. 9 am - 6 pm
have, including type and balance. network level, and the recipient level.
• New Accounts - Every time you apply for a
It is never a machine or networks BRANCH OFFICE
new account, a record appears on your credit
responsibility to ensure there are 852 Tallevast Rd. Sarasota, FL 34243
report and drops your score. Limit applications
Office Hours: Mon., Tues., & Thurs. 9 am - 5 pm
to accounts that benefit you with low rates. enough funds available for a Wed. 9 am - 2 pm • Fri. 9 am - 6 pm
• Balances - Keep your balances well below the transaction. That responsibility falls on
available limits. For lost or stolen ATM cards, please contact the credit union.
• Negative Records - Collections, judgements the person initiating it. For Lost or stolen VISA credit cards and Debit Cards call
and bankruptcy filings will lower your score. 1-800-338-0566 M-F 8 am to 5:00 pm
By ignoring these myths and keeping a Weekends 1-800-991-4961.
Monitor your score and reports. ledger of your transactions (or monitoring Debit or Visa Card Blocked? Call 1-800-437-9392.
Look for errors. For more information them on your Home Banking system) EQUAL HOUSING LENDER
We do business in accordance with
and to access a FREE report go to: you can avoid costly fees and keep the federal fair housing law and
equal credit opportunity act.
www.annualcreditreport.com more money in your pocket.