Serving Texas Since 1952 Your Financial Partner for Life
CSC, a gift bag donated by eZforex.com, a $50 GTGift card
donated by SWBC, a $60 Visa gift card donated by Auto PI, a $50
ANNUAL MEETING Carino’s gift card donated by TSYS, and a $50 Simon gift card
& ANNIVERARY CELEBRATION donated by Liberty Mutual. At the end of the meeting, a cake
reception was held to celebrate another successful year.
For a copy of the 2011 Annual Report, please call (512) 458-2558
ext. 1158 or (800) 749-9732 ext. 1158, or visit
www.gtfcu.org or www.aggielandcu.org and click the About
Us menu and select Annual Report.
CRUISE INTO THE CELEBRATION - WE’RE 60!
2012 marks the 60th Anniversary of Greater TEXAS
Federal/Aggieland Credit Union. To commemorate our anniver-
sary, we are automatically entering every member into our
“Cruise in to the 60th Celebration” drawing for a chance to win
2012 Board of Directors, from Left, front row: Penny Rychetsky, one of 3 great prizes:
First Vice Chairperson; Tommy Seargeant, President/CEO; Damon Holditch,
Chairman; Charlotte Schneeman, Member. Grand Prize: 5 Day Carnival Cruise for 2 to Anywhere in the World
From left, back row: Jane Woods, Second Vice Chairperson; Ben Moreno, 2nd Prize: $500 GTGift Card
Treasurer; Dorothye Harrison, Secretary; Ken Driska, Member (not pictured). 3rd Prize: $250 GTGift Card
We’re highlighting one of our fabulous products or services each
The Annual Meeting is an opportunity for Greater TEXAS
month. If you open or sign up for that month’s featured product or
Federal Credit Union members to participate in the election of
service you can receive additional entries for more chances to win.
the Board of Directors and to comment on the credit union’s
financial condition and its future goals. Approximately 300 April – Open a Home Equity Loan –
members met on February 23, 2012, in the Public Hearing Room A home equity loan is a great way to use the
of the John H. Winters Complex in Austin for the 60th Annual equity you’ve built in your home to help pay
Meeting. After enjoying a BBQ dinner, the meeting was called to for anything from a home improvement project
order at 6 p.m. to college. Plus, we’re offering a great low rate!
Board Chairman, Damon W. Holditch, conducted the meeting. May – Open a Truly FREE Checking Account –
With NO minimum balance requirement or monthly service fee,
He reviewed the previous year’s growth and thanked all of his
our checking accounts are just that, FREE. We offer a Visa Check
fellow board members, the Supervisory Committee, staff, and Card for free, overdraft protection, and pay dividends for
membership for all of their hard work and support. During the minimum daily balances.
Treasurer’s Report, Ben Moreno demonstrated how solid financial
June – Open a Credit Card with a Minimum Limit of $1,000 –
decisions were evident in the overall growth of the credit union.
Our no annual fee Visa and MasterCards make saving money
Larry Fisher, Supervisory Committee Chairman, reported on the
really simple. Transfer your high interest rate credit cards to one
Supervisory Committee’s responsibilities and again thanked the
low rate credit union Visa or MasterCard.* We offer a variety of
committee members for their many hours of volunteer work.
cards to fit your lifestyle.
An election was held to fill two, three-year positions on the Board
Be sure to check our website each month, where we will highlight
of Directors. The Nominating Committee- Chairman Kenneth L.
the product or service that qualifies for additional entries and
Owens and Members Reynaldo Morales and Crag C. Hatchett-
share member stories as well as photos of the credit union
nominated Ben Moreno and Penny V. Rychetsky. The nomina-
through the years. For questions about the “Cruise in to the 60th
tions were approved by acclamation.
Celebration” promotion please contact the Marketing Depart-
Tommy D. Seargeant, President/CEO, presented 5, 10, 15, and ment at (800) 749-9732 ext. 1158 or email@example.com.
20 “Years of Service Certificate” plaques to fourteen employees. *Minimum credit limit of $1,000 required for entry. All credit union members automatically
Mr. Seargeant and Mr. Holditch presented Ms. Jeffrey Archer receive one entry per member account number. Winners must be in good account standing.
with a Certificate of Appreciation for volunteer service on the Carnival Cruise grand prize does not include airfare. Drawing will be held September 14,
Supervisory Committee. Mr. Seargeant announced the winners of 2012 and overseen by the Supervisory Committee. Business, organization, club, and
ten $60 door prizes, a $50 Olive Garden gift card donated by association accounts are not eligible. Board of Directors, Supervisory Committee Members
and employees of Greater TEXAS Federal/Aggieland Credit Union are not eligible.
deadline, there is a real risk that your refund might be direct-
deposited AFTER the deadline (causing you to lose the deduction for
the applicable tax year). If you do end up deciding in March or April
to put your refund into your IRA, it is safer to designate that deduct-
ible IRA deposit for the COMING tax year, rather than risk having
to amend your return. Of course, with a Roth IRA it is less compli-
cated: there is no tax deduction involved. The IRS can also direct-
deposit your refund into a SEP IRA, an HSA or a Coverdell ESA.
Put it into your business or home. Why not replace a computer
or copier? Why not upgrade (or create) a home office, or make
your home more attractive or saleable?
Split it. The IRS has a new form (Form 8888) that lets you split
your refund among up to three accounts held by up to three differ-
ent U.S. financial institutions (banks, credit unions, and invest-
ment firms). So you can potentially divvy up your refund between
savings, checking and investment accounts, if you wish.
Before you make a move with your refund money, talk to a financial
IDEAS FOR YOUR REFUND professional about your options. Your refund money could help you
meet a need, and if it is invested, that investment may grow to fund
Instead of simply spending it, consider the alternatives. a dream or two.
So it’s time for a question: if you’re in line for a four-figure refund For all your financial needs, Contact Greg Erp, Financial Consul-
this year, where will it go? While many people spend their refund, tant with Greater TEXAS Investment Center, at 512.458.2558 ext
there are other things you can do with it … 1183 or firstname.lastname@example.org today!
Pay down debt. Go ahead, make that extra mortgage payment or
GREGORY W. ERP,
credit card payment. You will not only reduce your balance, but Financial Consultant
also your interest costs. Greater TEXAS Investment Center
Build your savings. You could start a new savings account via a Aggieland Investment Center
simple automatic payroll deduction. If you have a larger refund this 512.458.2558 | ext. 1183
year thanks to an extra exemption for a new child, you could start an 800.749.9732 | ext. 1183
education fund for that child. Your refund could also help you save
up for a down payment on a home, or build an emergency fund. Securities offered through SWBC Investment Services, LLC, a registered
Put it into your IRA. You can do it yourself, or via direct deposit broker/dealer. Member FINRA & SIPC. SWBC Investment Services, LLC is
by the IRS. But take note: if you have a tax-deductible IRA, you will not affiliated with this institution. FUNDS SHOULD NOT BE CONSID-
want to authorize the direct deposit of the refund into that IRA way ERED A DEPOSIT OF OR GUARANTEED BY THIS INSTITU-
before April 15th rolls around. There is often some lag time in this TION, MAY LOSE VALUE, AND ARE NOT NCUSIF INSURED.
process, and if you authorize the direct deposit too close to the
TRAVELING ABROAD? GETYOUR MONEY THROUGH GTFCU/ACU BEFORE DEPARTING
Ordering is Easy
Credit union members can now convert the cash you’ll need into
foreign currency at any branch location before embarking on • Choose from over 100 foreign currencies
your newest worldly adventure. GTFCU and ACU now offer a • No limit on the currency amount
foreign currency exchange service with great U.S. rates. Our rates • Check exchange rates before you buy.
Visit www.gtfcu.org or www.aggielandcu.org
are usually less than you’d pay aboard. Plus, upon your return, you
for more information.
can sell back any unused paper money. • Order online through the credit union website or
Your credit union has partnered with eZforex, a foreign exchange in-person at any branch location
company established in 1991 that offers a simple, secure and • Funds are pulled directly from your GTFCU
efficient way for credit union members to buy foreign currency. or ACU account
You can have the currency you exchange delivered to your home • Have the currency delivered to your home, business, or any
or any GTFCU/ACU branch. credit union branch. Please note, any order over $1,000 (US)
eZforex allows you to avoid long lines, unnecessary fees and shipped to the home or business will require a signature at the
inflated exchange rates in airports, hotels, and banks. And you can time of delivery. A shipping and handling fee of $14.50/order
save the 1% of your total purchase fee you’re charged when using is applied for both purchases and exchanges.
your GTFCU or ACU debit or credit card. This is a great service for students studying aboard, out-of-country
business travellers and world adventurers. For more information
regarding eZforex, please visit us online or contact a credit union
representative at (800) 749-9732 ext. 1003.
IMPORTANT NOTIFICATION PREPARE. PROTECT. PLAN.
Beginning July 1, 2012, recipients of eStatements will receive all No one ever thinks they’ll need a lawyer. Until they need a
mailed notifications electronically via GTNet, our online bank- lawyer. Just a few hours with a lawyer could cost you hundreds,
ing system. These notifications include NSF and Overdraft sometimes thousands of dollars. Unless you have a money tree,
Privilege letters. If you currently receive eStatements, please you need the Texas Legal Protection Plan. With TLPP, members
make sure we have your correct email address to ensure timely receive the very same legal advice and representation as anyone
delivery of your electronic notices. Your email address can be else, yet they don’t pay for the attorney. TLPP does.
updated by logging into GTNet. In GTNet, select Member Info No, it isn’t too good to be true. And yes, there are some out of
under the Options tab. Enter your correct email address in the pocket expenses, such as filing fees and other court costs, but
Email Address section. If you would like to receive your the bulk expense of the legal matter, which is the costly hourly
statements and notifications electronically, please contact a rate the attorney would charge, is paid by TLPP. Your member-
Member Services Representative at (800) 749-9732 ext. 1003. ship connects you with the legal help you need and shields you
from the legal expenses you can’t afford.
FEE SCHEDULE CORRECTION There are many reasons to join the Texas Legal Protection Plan.
For peace of mind, to protect your family and to ensure your
Effective April 1, 2012, the following fees have been updated: finances aren’t wiped out when a legal issue comes your way.
Discover for yourself just how valuable a TLPP membership
• Remote Loan Payment by ACH or
really is. Single coverage is $16.25 per month or $185 per year
Debit/Credit Card fee is $5.00/payment
and family coverage is $24.50 per month or $280 per year.
• Draft (check) Printing fee for 150 checks is $18.65.
Discover how having a plan can make all of the difference. Visit
This fee depends on the style of draft ordered.
www.tlpp.org or call (512) 327-1372 for more information.
For an updated list of our current fees please visit www.gtfcu.org
or www.aggielandcu.org, select Fees under the Rates tab.
NEW PARTNERSHIP WITH CORNERSTONE FINANCIAL
GTFCU and ACU are excited to announce our newest partnership you line by line through your credit report, as well as provide free
with Cornerstone Financial Education. Cornerstone is a HUD counseling on ways to improve your credit score. If you are
certified, nonprofit credit counseling organization based in Austin, interested in this free review, please contact Cornerstone at
TX, that helps consumers of all ages and income levels understand 800-336-1245 and setup a one-on-one appointment. Don't forget
their finances. Cornerstone is dedicated to empowering consum- to let them know you are a member of Greater TEXAS
ers by helping reduce debt, maintain a monthly budget, under- Federal/Aggieland Credit Union!
stand credit, prepare household finances to purchase a home and
Cornerstone's counselors are both bilingual and HUD certified,
and are available to assist you with all of your financial questions,
Do you feel like your debt has become overwhelming? Corner- at no cost. Cornerstone's counselors are available by phone at
stone can help. In addition to their free counseling, Cornerstone 800-336-1245, 8:30am-7:00pm Monday- Thursday and 8:30am-
also offers a Debt Management Program to GTFCU and ACU 5:00pm Friday. If you would like to schedule a one-on-one session,
members at a reduced rate of $25 per month. With this program, feel free to call and request an in-person appointment. Their
interest rates, on average, are lowered to just under 10%. That offices are located at 3011 North Lamar Blvd., Austin, TX 78705,
means it will take you a significantly shorter amount of time to just south of Seton Hospital. Or you can also visit the Cornerstone
become debt free and save thousands of dollars in interest. You website at www.csfedu.org.
can see for yourself, how much this would save you by visiting
Greater TEXAS Federal/Aggieland Credit Union recognizes the
concerns your finances can have on your daily life. Through our
As a credit counseling agency, Cornerstone Financial Education new partnership with Cornerstone Financial Education, we are
also offers a free credit review to all Greater TEXAS happy to provide to you the resources and professional
Federal/Aggieland Credit Union members. This review will walk guidance to continue your financial success.
Congratulations to Leo Salinas, the first quarter 2012 Employee of
the Quarter. Leo is a Teller Supervisor at the Edinburg Branch. He
was nominated for EOQ because he helps employees and members.
Leo always sets a good example. He continuously looks for ways to
improve the credit union and is a team player as well as a team
leader. Way to go, Leo!
Board of Directors
Chairman................................................. Damon W. Holditch
BRANCHES and More First Vice Chairman.................................. Penny V. Rychetsky
Second Vice Chairman ............................. Jane L. Woods
Treasurer.................................................. Benjamin Moreno
Secretary ................................................. Dorothye Harrison
Arlington College Station – Northgate Members ................................................. Charlotte Schneemann
Branch Manager: Reagan Martin Branch Manager: Jason Nowak Ken Driska
910 East Road to Six Flags 501 University Drive W.
Arlington, TX 76011 College Station, TX 77840
Chairman................................................. Larry Fisher
(817) 548-0584 (979) 696-1440
Secretary.................................................. Linda Lothringer
Austin – Main Ofﬁce Dallas Members ................................................. Marilyn Eaton
6411 North Lamar Blvd. Branch Manager: Maida Gray Wesley Yeager
Austin, TX 78752-4088 1317 Empire Central Mike Sheffield
(512) 458-2558 Dallas, TX 75247 Management
1-800-749-9732 (214) 688-5504 President/CEO.......................................... Tommy D. Seargeant
Executive Vice President ........................... Patricia A. Aldridge, CCUE
Austin – Airport
Edinburg Senior Vice President/CFO ....................... Derrick Peterson
Branch Manager: Erik Juarez
Branch Manager: Susana Rodriguez Vice President .......................................... David Keller, CCUE
1180 Airport Blvd.
416 South Jackson Rd. VP of Aggieland....................................... Jason Goodman
Austin, TX 78702
Edinburg, TX 78539 VP of Information Technologies ............... Carolyn Muise
Insights is an official publication of Greater TEXAS Federal Credit Union
Austin – Winters
Houston-290 Branch for the sole use of its members. Editor/Marketing Director, Brandy Logan.
Branch Manager: Monica Caudle
701 W. 51st St., Section F Manager: Shirley Geary
2nd West 5305 Bingle Road
Austin, TX 78769
Houston, TX 77092
Monday, May 28 in observance of Memorial Day
Bastrop Houston – Polk Wednesday, July 4 in observance of Independence Day
Branch Manager: Jill McNabb Branch Manager: Maria Ortega
115 Hunters Crossing Blvd. 5425 Polk St. B
Bastrop, TX 78602 Houston, TX 77023
(512) 332-2391 (713) 923-5336
Metro (512) 303-6045
Manor Touch Tone Loans Internet Access
Bryan Branch Manager: Suzanne Hayes www.gtfcu.org
Apply for a loan over the phone
Branch Manager: Tina Muth 11401 US HWY 290 E., Bldg. A www.aggielandcu.org or
during regular business hours.
2127 E. William J. Bryan Pkwy. Manor, TX 78653 www.freecuatms.org
(512) 458-2558 ext. 1006
Bryan, TX 77802 (512) 458-2558 for many more FREE or NO-FEE ATM
(800) 749-9732 ext. 1006
(979) 696-1440 locations. You can use your ATM card
San Antonio at PLUS machines worldwide, but if you
Cedar Park GTCall 24 - hour Account Access
Branch Manager: Anna Olivares use machines other than the ones listed
Branch Manager: Mystel Jensen Automated voice response system
3635 S.E. Military Dr., Ste. 100 above, the ﬁrst ﬁve transactions per
1600 N. Bell Blvd. lets you check your balance, transfer month (seven per month for Golden
San Antonio, TX 78223
Cedar Park, TX 78613 money, even apply for a loan, all over Star members) are free, and you will be
(512) 458-2558 the phone, from anywhere in the world, charged $2 for every transaction after
San Antonio – Texas Transportation 24 hours a day, 7 days a week, free! that.
College Station – Branch Manager: Colleen Whitten Austin: (512) 451-5195
Southwest Parkway 6318 Callaghan Road Nationwide toll-free: 1-800-749-0179
201 Southwest Pkwy. E. San Antonio, TX 78229
P.O. Box 10091 (210) 344-2011
College Station, TX 77840
(979) 696-1440 For additional locations, visit
to locate a Credit Union Service Federally Insured
Center near you. by the NCUA