January Eagle Eye Have good fortune in Going places sweepstakes by barto


									January 2007

Eagle Eye       Have good fortune in '06? ............... 2
                Going places sweepstakes ............... 3
                Turbo Tax time ................................ 3
                AskJax begins this month ................. 4
               Published for the Member-Owners of JAXFCU

                                   Jax Federal:
                                   A family affair
                                   As a member of JAXFCU, your
                                   family can become members. It’s
                                   one of the many ways the people
                                   you know and care about can
                                   benefit from the great financial
                                   services you’re receiving from us.

                                   If you enjoy our low loan rates and
                                   fees, superior member service, and
                                   higher savings rates, share us with
                                   your family. We're member-owned,
                                   nonprofit and dedicated to helping
                                   improve your family’s financial lives
                                   today. Encourage them to become
                                   members of Jax Federal.

                                   Free tax assistance
                                   offered at JAXFCU
                                   Need help filing your taxes?
                                   For the third year, several of
                                   our associates will be trained
                                   as volunteer tax counselors. Free
                                   tax assistance will be offered
                                   beginning mid-January through
                                   April 15 at our Park Street branch
                                   Monday through Friday, 9 a.m.
                                   to 4:30 p.m. This service is
                                   particularly for people of low-to-
                                   moderate income, but anyone is
                                   welcome. To schedule an appoint-
                                   ment, call (904) 475-8064.
2 • Eagle Eye                                                                                                                January 2007

  We know the holiday season                                                              When good fortune
                                                                                          comes your way
   has come to an end, but...                                                                                                 Whether
                                                                                                                          expected or not,
                                                                                                                          an inheritance,
                              It's never too early to start saving up for your 2007                                       divorce settlement,
                            holiday expenses! Open a Holiday Club Account                                                 severance or pen-
                                                                                                                          sion payout, sale of
                            at JAXFCU and start saving for the season.                                                    business proceeds,
                               We offer direct deposit, and interest is earned on                                         life insurance, legal
                                                                                                                          judgments or even
                            balances of $100 or more.                                                                     lottery winnings—
                               In mid-November the account funds are either trans-                                        all can give you
                             ferred into your checking or savings account or you're                                       the equivalent of
                                                                                                                          years of earnings.
                             mailed a check.                                                   T. Vance Walker           Now you’re called
                                Save for the future without having to incur debt. Visit   to switch from wealth-building mode to wealth
                              your local Jax Federal branch, open an account online       management. There are some general guide-
                                                                                          lines that apply to almost all such transitions.
                              or call us at (904) 475-8000 for more details.n                             Proceed cautiously
                                                                                              Financial windfalls often come with emotional
                                                                                          cost (death, injury) or can mean major change
                                                                                          (career end or sale of business). Fortunately,
                                                                                          most major decisions aren’t required immediate-
                                                                                          ly. Cash can be set aside in the money market,
                                                                                          short-term CDs or an interest-bearing account

          Expansion updates
                                                                                          while you regroup. Retirement plan assets can
                                                                                          also be left in place for a reasonable period
                                                                                          of time. Whatever the case, give yourself some
                                                                                          time to regain your emotional bearings and
                                                                                          think about what uses of your new wealth will
                                                                                          give you the most satisfaction.
                                                                                                      Where are you headed?

           N       orthside Branch                                                            Is your sudden wealth enough that you can
                                                                                          retire? If so, think of your assets not as a lump
                       Our newest location opened Dec. 7 at 1440 Dunn Avenue              sum but in terms of the after-tax annual income
                (Dunn Avenue Plaza, Suite 31), just east of Biscayne.                     that they can produce over the course of your
                  The new branch is a 1,400 square-foot, state-of-the-art facility        life. Is that enough to support you and your fam-
                                                                                          ily? If you continue in your present career, do
                which includes automatic cash dispensers (eliminating the need            you want to clear debt, cover education costs,
                for teller cash drawers), a coin-counting machine and drive-up            invest or provide for those you leave behind?
                                                                                              Your goals should include an update of your
                ATM in the parking lot. Robyn McCormick serves as manager                 estate plan, so as to include your increased
                and Sharon Peterson serves as assistant branch manager.                   assets. Consider a revocable living trust and/or
                  The branch's Grand Opening is set for Jan. 8-13, so make                a durable power of attorney to provide for the
                                                                                          management of your assets in the event of inca-
                plans to attend. We'll be offering incentives on a variety of loan        pacity. Also, learn all you can about taxation of
                and deposit products.                                                     your new (and existing) wealth.
                                                                                                       Looking for assistance?

                                                                                              We have years of experience dealing with
                    tlantic Beach Branch                                                  the challenges and opportunities wealth present,
                      We broke ground on our new branch in Atlantic Beach                 and our sole focus is the needs of our members.
                                                                                          Through our relationship with UVest, we offer a
                Oct. 10. The branch will be yards away from our current                   wide range of services including full manage-
                temporary site. It's scheduled to open Summer 2007.                       ment, advisory, custodial services and trusts.
                                                                                              Our goal is to work together with our clients
                                                                                          and their tax and legal professionals to craft
                  Visit our website (jaxfcu.org) for updates on our branch                plans suited to their individual needs. Contact
                expansion activities.                                                     me any time at (904) 475-8261 to find out

                                                                                            Securities are Not FDIC Insured, Not Bank Guaranteed,
                                                                                           May Lose Value, Not Bank Deposits and Not Guaranteed
                                                                                          by Any Government Agency. Securities are offered by, and
                                                                                           Financial Consultants are registered with UVEST Financial
                                                                                            Services, member NASD/SIPC. UVEST and JAXFCU are
                                                                                           independent entities. UVEST Financial Consultants do not
                                                                                            offer tax advice. For tax assistance, please refer to your
                                                                                                      accountant or other tax professional.
www.jaxfcu.org                                                                                                                                            Eagle Eye • 3

Don't be a victim                                            Going Places Sweepstakes
of loan fraud                                                Contact, transact, then get your bags packed!
   Buying or refinancing your home is one
of the most important financial decisions you’ll                If you're not familiar with our partnership in the Shared Branching program, now is
ever make. We're ready to help you get a great               the time to get onboard. Why? Because you could win one of several wonderful prizes
loan.                                                        including a cruise for two just by visiting one of our shared branches in February.
   However, every year misinformed homebuy-
ers, often first-time purchasers or seniors, become             Shared Branching allows you to do your JAXFCU transactions at more than 2,400
victims of loan fraud or predatory lending.                  service centers in 41 states and six international. There are almost 200 centers in Flori-
    What is Predatory Lending?                               da alone, so visit a location for your next transaction and be registered to win!
   Across America, people are losing their                     As a Jax Federal member, you can a Shared Service Center to make deposits, with-
homes and investments because of predatory                   drawals, loan payments and more. To use a service center, you'll need to bring your
lenders who:
•    Sell properties for much more than they are
                                                             JAXFCU account number and a valid photo ID.
     worth using false appraisals.                             To find a Shared Branching location wherever you are, go to our website (www.
•    Encourage borrowers to lie about their                  jaxfcu.org) and enter your address or zip code in our Shared Branching locator. You
     income, expenses, or cash available for
     down payments in order to get a loan.                   can also call us at (904) 475-8000 or visit the Shared Branching web site at www.cre-
•    Knowingly lend more money than a bor-                   ditunion.net
     rower can afford to repay.                                           You increase your chance to win every time you transact at a Shared Branch-
•    Charge fees for unnecessary or nonexistent
     products and services.                                             ing Service Center during the month of February 2007. Look for this symbol
•    Target vulnerable borrowers to cash-out re-                        for a Shared Branching location near you!
     finance offers when they know borrowers
     are in need of cash due to medical, unem-
                                                                No purchase is necessary to enter the Going Places Sweepstakes. Entrants must be at least 18 years old
     ployment or debt problems.
•    “Strip” homeowners’ equity from their                   to win a prize. Visit any participating CU service center in Florida for complete sweepstakes rules.
     homes by convincing them to refinance
     again and again when there is no benefit
     to the borrower.

What Tactics Do Predators Use?
                                                                                                            Get the Biggest Tax Refund Possible
                                                                                                                                 ®      SM
•      A lender or investor tells you that they are                                                                with TurboTax Online
       your only chance of getting a loan or own-
                                                                                                        It's not too early to begin thinking about your taxes. By planning
       ing a home. You should be able to take
                                                                                                        now, you still have time to make changes that can help lower your
       your time to shop around and compare
                                                                                                        taxes — plus, you’ll get an idea of how big your refund will be.
       prices and houses.
                                                                                                        We’re pleased to offer our members the industry leading TurboTax
•      The house you are buying costs a lot more
       than other homes in the neighborhood, but                                                        Online to help make the planning and filing process quick and
       isn’t any bigger or better.                                                                      easy. Visit the credit union website to find ways to positively
•      You are asked to sign a sales contract or                                                        impact your taxes:
       loan documents that are blank or that con-                                                       • Identify deductions and other money-saving opportunities
       tain information which is not true.                                                              • Browse important tax tips and articles
•      You are told that the Federal Housing Ad-                                                        • Use interactive tools, like tax calculators
       ministration insurance protects you against
       property defects or loan fraud - it does not.             To get started today, visit the credit union website or call 1-800-613-4406
•      The cost or loan terms at closing are not
       what you agreed to.
•      You are told that refinancing can solve your            TurboTax and TurboTax Online, among others, are registered trademarks
                                                              and/or service marks of Intuit Inc. in the United States and other countries.
       credit or money problems.
•      You are told that you can only get a good              “In this world, nothing can be said to be certain, except death and taxes.”
       deal on a home improvement if you finance               – Ben Franklin
       it with a particular lender.

                                                             Tax news you can use...
   It’s our mission to encourage your financial
success. Visit your local JAXFCU branch for infor-
mation about how we can safely and effectively
finance or refinance your home. Remember: If a
deal to buy, repair or refinance a house sounds                 Do you need to amend a prior year tax return? If so, follow these easy steps:
too good to be true, it usually is!                            1. For photocopies of prior year tax returns complete IRS Form 4506, “Request for
                                                             Copy or Transcript of Tax Form.”
    Source: U.S. Department of Housing & Urban Development
— www.hud.gov 
                                                               2. To amend a prior year return complete Form 1040X, “Amended U.S. Individual
                                                             Income Tax Return” and mail to the IRS office in the instructions.
                                                               3. For tax assistance, see a tax professional or call the IRS at 1-800-829-1040.
                                                               4. IRS forms are available at IRS.gov or by phoning 1-800-TAX-FORM (1-800-829-
4 • Eagle Eye                                                        January 2007

           What seminars do you see in the future?                                                         Atlantic Beach
                                                                                                       1003 Atlantic Boulevard
                                                                                               M-F: 9 a.m. - 5 p.m.; S: 9 a.m. - 1 p.m.
                 As we finalize our 2007 Seminar calendar, we want to know
                 what you want to learn! Whether it's more about our online                                    Main Office
                                                                                                              562 Park Street
                   services, financial "hot topics" or explanation of our new                 M-F: 9 a.m. - 5 p.m.; S: 9 a.m. - 1 p.m.
                    products and services, share your ideas with us for future          Call Ctr: M-F: 9 a.m. - 5 p.m.; S: 9 a.m. - 1 p.m.
                                                                                              Drive Thru: M-Th: 7:30 a.m. - 5 p.m.
                   seminars. Email Doris Banks today at dbanks@jaxfcu.org or                F: 7:30 a.m. - 6 p.m.; S: 9 a.m. - 1 p.m.
                   call her direct at (904) 475-8013.
                                                                                                  1 Independent Drive, Suite 111
                                                                                                            M-F: 9 a.m. - 5 p.m.

 Locator engines find ATMs, Shared Branches                                                                Northside
                                                                                                   1440 Dunn Avenue, Suite 31
                                           (or both). The results will show a listing          M-F: 9 a.m. - 5 p.m.; S: 9 a.m. - 1 p.m.

                                           of addresses within your search area.                          Orange Park
                                              Need additional information about                    950 Blanding Boulevard #17
                                                                                               M-F: 9 a.m. - 5 p.m.; S: 9 a.m. - 1 p.m.
                                           where to locate a surcharge free ATM?
                                           Visit any branch location or call us                             Southpoint
                                           today at (904) 475-8000. For a full                       4100 Belfort Road, Suite 1
   Looking for a surcharge-free-                                                               M-F: 9 a.m. - 5 p.m.; S: 9 a.m. - 1 p.m.
 ATM or Shared Branching location?         listing of Shared Branching locations
 Look no further than our homepage         across the U.S. and internationally, visit                          Westside
                                                                                                            7254 103rd Street
 at jaxfcu.org.                            the CU Shared Services webpage at                 M-F: 9 a.m. - 5 p.m.; S: 9 a.m. - 1 p.m.
   We recently added a new, easy-to-use    www.creditunion.net.                         Call Ctr: M-F: 9 a.m. - 5 p.m.; S: 9 a.m. - 1 p.m.
                                                                                              Drive Thru: M-Th: 7:30 a.m. - 5 p.m.
 locator tool to our homepage that will                                                     F: 7:30 a.m. - 6 p.m.; S: 9 a.m. - 1 p.m.
 help you find what you need quickly
                                                                                                       Federal Building
 and easily.                                                                                       400 W. Bay Street, Room 37
   Simply type a zip code or address and                                                              M-F: 8:30 a.m. - 4:30 p.m.
                                                                                                    Closed for lunch 1 p.m. - 2 p.m.
 designate whether you're looking for
 ATMs or Shared Branching locations                                                                      FAA - Hilliard
                                                                                                   37075 Aviation Lane, Hilliard
                                                                                                   M-F: 8:30 a.m. - 4:30 p.m.
                                                                                           Please call (904) 475-8165 to confirm hours
 Got a question? AskJax!
                                                                                                        Camp Blanding
   What's the cost of a safe deposit box? What are our Saturday hours? This info                 Avenue B, Building 3121, Starke
                                                                                               T: 9 a.m. - 1 p.m.; Th: 9 a.m. - 4 p.m.;
 and more is on AskJax, a new online resource developed to make it easier for you                  Closed for lunch 1 p.m. - 2 p.m.
 to learn about JAXFCU and the services we provide.                                         State Payday at Month End: 9 a.m. - 4 p.m.
   AskJax can help you gain control of your financial well-being and make                                   Contact Information
 better educated decisions about choosing the best products and services to meet        Call center (local)                      (904) 475-8000
                                                                                        TTY (For hearing impaired)               (904) 475-8333
 your financial goals. Additionally, it provides general financial information on a       VISA Member Service                      (800) 654-7728
 variety of topics.                                                                     Telephone Banking                         (904) 475-VALU
   Look out for AskJax by mid-January on                                                or Toll Free                              (866) 260-VALU
                                                                                        CU24 ATM Locations                      (866) 495-CU24
 our home page (jaxfcu.org). Click on the                                                                                          www.cu24.com
 AskJax logo above.                                                                     Lost/Stolen Debit Card                   (866) 260-8258
                                                                                        (Please use full account number)      or (800) 472-3272
                                                                                        Lost/Stolen VISA Card                    (800) 449-7728
                                                                                        (Please use full account number)

                                                                                             Suggestions/Comments for JAXFCU’s
                                                                                        Supervisory Committee may be sent to: P.O. Box

                1st Quarter Holiday Closings                                                 551321, Jacksonville, FL 32255-1321

                                                                                                   Mail deposits or payments to:
                                                                                             Jax Federal Credit Union, P.O. Box 2357,

           Monday, January 1 - New Year's Day                                                         Jacksonville, FL 32232

      Monday, January 15 - Martin Luther King, Jr. Day
          Monday, February 19 - Presidents' Day                                            We do business in accordance with the Federal Fair Housing
                                                                                                  Law and The Equal Credit Opportunity Act.

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