envision ranks high in u.s. postage
Investment Management Competition permit #904
P.O. Box 5198, Tallahassee, FL 32314-5198
Envision Chief Financial Officer Dan McGowan
recently attended a workshop on financial
institution investment portfolio management,
conducted by Performance Trust University.
Over two dozen credit union, banking, and
investment professionals from around the nation
attended the event in Atlanta.
The program capstone was a competition in which
Envision will be closed for the
participants managed an investment portfolio over a
following holidays: New Financial Center Names
simulated three year period.
May 31 .......................................................... Memorial Day
Envision’s results placed second behind Navy Federal Credit July 5 .......................................................Independence Day Parkway Financial Center
Union, the largest credit union in the nation. To obtain cash 24-hours a day, seven days a week, use your Appleyard Financial Center
Envision VISA Debit card at automated teller machines. Lake Jackson Financial Center
Back in the real world, where it really matters, Envision’s Balance your checkbook or make Credit Union loan payments by In the coming weeks you’ll notice we’ve renamed three of our financial
investment portfolio has consistently performed calling MoneyLine at (850) 942-9011 or (800) 824-3894, ext. 1.
centers. If the “new names” look familiar it’s because these are the names
well in a market where many other financial Use eBranch to view your account transactions and eStatements, many of you already use in referring to these branch offices.
transfer funds, make Credit Union loan payments and pay bills.
institutions have experienced losses over the past The old names were just based on compass points and we think the way
Visit www.envisioncu.com for more information.
several years. you related them to roads and a big lake make more sense.
Visit Envision Online Auto Center for the most current new and
used auto loan rates, car buying information, and AutoAdvisor free Thanks!
auto buying service.
Fool Proof – Financial Literacy
Board of Directors Supervisory Committee Management
David Helton ...................................................... Chair Dr. Jim Croteau....................................................Chair Darryl Worrell........................................President/CEO
for the Whole Family
Doris Payne......................................... First Vice Chair Dorothy Binger .............................................Vice Chair Becky Parsons ................Senior V.P., Financial Services
Thomas Perrin ................................ Second Vice Chair Dr. Marvin Henderson ....................................Secretary Dan McGowan ................................. Senior V.P., CFO
M. Christopher Bryant .................................. Secretary Anice Prosser.................Senior V.P., Human Resources Denise Hannah, an employee of the Gadsden County
Dr. Sam M. McCall ....................................... Treasurer Edith Griner ..... Senior V.P., Member Support Services School Board, has been a member since 1977.
Hollie Maddox ...............Senior V.P., Members Service
The need for financial literacy among Specifically, the BEST Project asked great source of unbiased information on
young people is something Envision Credit Envision Credit Union to work on meeting many finance related topics. Buy a new car and get a rate of 3.64% And with these rates in effect until the applying before you shop is that you’ll know
Union has worked on for years, because we the need for financial education among To find FoolProof on the Envision web- APR for new car loans up to 48 months or end of June, you have time to shop for the how much you’re approved for ahead of time.
know good financial habits are best started teens. After reviewing a wide variety of site (www.envisioncu.com) click on the Main Number 850-942-9000 4.14% APR up to 72 months! perfect car. Use our Auto Advisor service for a no
early in life. solutions, “FoolProof – Real Financial Education tab and look for FoolProof in Toll Free 1-800-824-3894 These rates are in effect until June 30, 2010 You can save time by applying online at haggling, no hassle purchase. With your
Our latest initiative is a partnership with Literacy for All” was chosen – based on its the dropdown menu. MoneyLine 850-942-9011 For Information on Financial Center for loans of at least $18,000 for 2009, 2010, www.envisioncu.com . Go to the Autos approved loan in hand, Don or Dee will
the BEST Project of the United Way of the appeal to young people and their families. This isn’t the only way we’re addressing Toll Free 1-800-824-3894, ext. 1
Big Bend. The BEST (Believe – Earn – Save FoolProof is a free online resource with the financial literacy needs of youth in our Locations, Hours and Services and 2011 model years with less than 15,000 section and click on Apply for a Loan. locate the car or truck you’re looking for
Mailing Address miles. Borrowers qualified for these special Of course you can also apply at any of our and may arrange to have it delivered to the
– Thrive) Project seeks to focus on “the specific modules for teens, teachers working community. Credit Union employees have P.O. Box 5198 Visit www.envisioncu.com rates will meet normal creditworthiness financial centers. The big advantage of Credit Union.
needs of working individuals and families with teens, parents and grandparents gone to high schools to teach classes on Tallahassee, FL 32314-5198 criteria and a minimum Beacon credit score
utilizing strategies that empower them to working with teens and young adults. money management, insurance, investing or Call (850) 942-9000 of 640.
achieve long-term financial stability.” The latest module has to do with financial and understanding credit. Website
www.envisioncu.com Toll Free (800) 824-3894 This is a great time to take advantage of
literacy in the workplace. FoolProof is a a super rate and 100% financing. As the compare credit cards • courtesy pay • home buying strategies
economy improves you can be sure rates free home buying seminar • investment options • business lending
will start to rise.
insuring your home to its reconstruction cost • financial literacy
Did You Know…
You Could Be
Compare Credit Cards – Or Pay Home Buying Strategies – Investment Options
Earning ScoreCard® Too Much, Way Too Much It’s The Right Time to Buy Moving Forward
Reward Points? Jeff Johnson, Seven Hills Financial LLC
The Credit Card Act of 2009 requires credit Our calculator is versatile so you can also These days we’re always being asked, “What is • Our fees for processing and underwriting are • Our mortgage staff is not paid on a
card issuers to provide you, the consumer, use it if you already have an Envision Visa the market doing?” “Are rates starting to go up?” reasonable and lower than most. We want commission basis, as almost all other If you’re like most • Financial planning services
with information about your credit card that card and you want to know how much extra “Have housing prices bottomed out?” “How you to compare – and we’ll take the time to mortgage originators are. So our motivation is investors you found • An experienced investment manager
will make you a more informed credit card to pay each month in order to pay the balance much longer will it be a good time to buy?” help you interpret the information so you to bring the best service possible to you. We’ll no safe havens for your (Portfolio Design Services, LLC)
user. So now every month your credit card off sooner, or how long it will take to pay in We want you to know we are feeling decide the best financing option. give quality attention to the big, and the little dollars during the perfect • A fee based agreement with full disclosure
statements will let you know how long it will full if you pay a flat payment each month. optimistic! In our geographical membership • To date we have never sold our mortgage transactions. storm we encountered in of costs.
take to pay in full at the minimum payment, What makes credit card balances take a area, we’re starting to see more home sales, and servicing and hope to always service all of our • We’ll prequalify or pre-approve you so you late 2008 and into 2009. We look forward to the opportunity to Business Lending
When you use your envision Visa
and how much you’ll need to pay in order to
pay it in full in three years.
long time to pay off? It’s a combination
of the interest rate and the fact that credit
we’re definitely starting to see more new home
construction. With warmer weather here and
mortgages. That means you can walk right in
with any questions you have about escrow,
will know what your budget can buy – before
you go shopping for your home.
With a continued trend
of low interest rates we’re reaching out to
assist you as needed. Please call (850) 980-
0361 or email email@example.com
credit card or your envision debit We want you to be able to compare your
other cards to our Envision Visa cards, which
card payments are typically a percent of
the outstanding balance, so as your balance
summer approaching, we expect to see lots of
activity this year! The interest rate environment
payments, pay-offs, etc. There are no 800 When it comes to real estate transactions,
offer guidance in seeking reasonable returns
to learn more about our services. Credit Union
card (signature only) you are numbers or long waits on automated phone don’t go it alone. We want Envision to be your
earning scoreCard® reward points have rates of 8.5% APR for Platinum and reduces, the required minimum payment has been stable for the past six months – it’s lines. Seven Hills Financial LLC, is available to did you know that envision does
mortgage lending partner. Check out our home
which can be used to select valuable 11.9% APR for Classic. Check out the credit also reduces — thus lengthening the overall possible that will continue but our crystal ball help structure your investments with short to business lending?
• We process and underwrite our loans in- buying and mortgage financing section on our
merchandise. starting in may, card calculator on our website to see the repayment period. By understanding all this isn’t giving us the answer. long term goals. We can provide: allow us to put you in touch with our
house, so we are available to respond and help website www.envisioncu.com or call our Home
there will be scoreCard® reward difference if you were to transfer your credit and comparing terms you’ll be better informed But the message we can give you with • Comprehensive review of your existing business lender, Kevin mcalpine, who
resolve any questions or issues that may come Loan Team at (850) 942-9234.
BoNus points for members who card balance to our Visa cards. Go to to make smarter financial decisions. certainty are the things to look for when you portfolio has 25 years of commercial lending
up between your application and the time
use their new debit and/or credit www.envisioncu.com and click on Credit finance your home purchase or refinance. experience.
cards within 60 days of activation
you close your loan.
Cards. There’s also a link to easily apply online Remember that as a Credit Union, we are a Kevin is the head of united member
– 5,000 Bonus points to be exact. for our Visa card. non-profit financial cooperative, so our motive
is not profit but service to members and
The Importance Of Insuring Business services, a cooperative credit
union service organization we created
Your Home To Its
Also, starting in May
members will get double Courtesy Pay Complements our local community. Here’s how we can be along with focus Credit union and
tmh federal Credit union. the lending
ScoreCard® Reward BONUS different:
points when using their credit
and/or debit card more often. Your Checking Account By Duane Putney, Putney Insurance
power combination of our three credit
unions gives united member Business
Here’s how to do it: services the strength to be directly
Sign up for Overdraft Protection which competitive with banks for business
Current economic the home’s purchase price. For several reasons,
• debit Card – douBle points for also provides other steps to protect you: loans.
conditions are greatly the cost to rebuild is always higher than the
13 transactions of $25 or more, • Link your checking account to your share impacting everyday initial cost to build. For example, building in the past year and a half we have
per month (savings) account so that if you have an life. Many people are on an existing site and debris removal are made loans to member businesses
• Classic Credit Card – douBle overdraft, the money to cover the overdraft making modifications two major factors that play into the cost to that have ranged from $20,000 to
points for 6 transactions of $30 is transferred from your savings to your to their discretionary rebuild. $2 million, including lines of credit for
or more checking account. The transfer fee is just $5. spending and as a result At Putney Insurance we highly recommend working capital, equipment financing,
• platinum Credit Card – double • Tie your checking account to your Credit and real estate loans for medical and
free Home Buying seminar
have decided to place home renovations you notify your insurance agent of any
Everyone makes a mistake now and then
points for 8 transactions of $40 Union credit card and the necessary funds and construction projects on hold. They changes made to your dwelling throughout professional offices, warehouses, and
or more because no one is perfect. The yellow light
will automatically be transferred to your presume there is a corresponding decrease in the year that could substantially change office condos.
turns red while we’re still in the intersection.
if you have an envision debit checking account. The transfer fee is $5. With home prices the lowest they’ve been Patti Ketcham is our seminar speaker. Patti the residential construction costs just as the the replacement value. This could be an We’re proud to have an organization
We write a check or use our debit card
or credit card, you’re already • If you have a line of credit loan, you can in years and interest rates just as low, many is the owner of Ketcham Realty Group, Inc. residential market has declined. upgrade in bathrooms, kitchens, cabinets, any through which we can make business
thinking there is enough money in our
earning scoreCard points. You link your checking account to it and funds people see this as a great opportunity to buy a She is a past president of the Tallahassee Board As home market values have plunged as additions, finished basements, etc… loans with the credit union philosophy.
may have thousands of points and will be transferred to your checking account home. If you’re contemplating the purchase of of Realtors and has over 20 years in both real much as 30%, some homeowners presume You should also review annually your Kevin mcalpine and united member
The Credit Union can’t help if you end up
not even know it! go to www. to cover overdrafts. The fee is $5. a home, you’ll want to attend Envision Credit estate and mortgage lending. insurance premiums should decrease as well. dwelling coverage on your homeowner Business services are committed to
ScoreCardRewards.com to find with a traffic ticket, but we can help you avoid
Union’s Home Buying Seminar. Patti will provide important information Contrary to popular belief, while home insurance policy. We have programs that doing what is right for our members,
costly and embarrassing “returned checks or Here are additional things you can do to
out how many points you already This seminar is invaluable to first-time home about the home buying process, including market values plummet, construction costs do an excellent job in calculating an up-to- without the aggressive sales approach
have. Check out all the valuable denied transaction.” avoid overdrafts:
buyers and a great refresher for repeat buyers choosing a home, making an offer and closing remain strong and even continue to increase. date replacement cost and would be happy that a bank typically requires.
gifts you can select from when Our Courtesy Pay program accomplishes • Keep your check register up to date. because today’s real estate market is different the loan. She’ll also explain the advantages of According to a recent survey by insurance to complete it for you. Being accurate on our efforts in 2010 are to continue to
you cash in your scoreCard® this by allowing items to be paid even when • Always keep a “cushion” of money in your from any in the past. getting pre-approved for a mortgage before services firm MSB, 68% of homes are your home’s replacement cost at the time of develop products and services such as
reward points! the key to earning there are not sufficient balances in the account. The seminar is free and will be held you begin house hunting and what kind of underinsured by an average of 18%. If your a major loss will insure that there is 100% our newly revamped business checking
scoreCard® reward points is to account, up to a pre-set limit, on checks, Bill • Use MoneyLine or eBranch to check your Thursday April 22, from 6 to 8 p.m. at information you’ll need to provide the Credit home is insured at $250,000 and you face coverage available to restore your home. accounts for members and to increase
always sign for your transactions Payer, ACH items and currently on ATM and balance frequently. our marketing awareness within the
the Main Office, 440 North Monroe Street. Union in order to be approved. a major loss where the cost to rebuild is
rather than entering your piN at the debit transactions. • Don’t forget about automatic deductions local community so business owners
Refreshments will be served. Pre-register by Space is limited, so sign up today by calling $295,000, you would be underinsured by
terminal. Each time you overdraw your account, the you’ve set up to come out of your checking know they have another financial
calling (850) 942-9000, option 3. Everyone the Credit Union at (850) 942-9000 or register $45,000. Many homeowners don’t realize
Credit Union covers your check or withdrawal account. alternative.
and if you have both an envision who pre-registers, and attendes the seminar, online at www.envisioncu.com. that an insurance premium is based on the
and you’re charged the Courtesy Pay fee of
credit card and debit card, you can will receive a coupon for $100 off their replacement cost to rebuild a home in the Kevin mcalpine can be reached at
combine the points and watch your $29.50. The only requirement for using this
closing costs. event of a major loss; not the market value or (850) 694-1811.
points pile up faster. service is that you sign up for direct deposit.