New Beacon ATM, Debit and Resources for Finding the CU Peru Branch HSA Debit Card keeping your kids nearest Shared nearing completion. Conversion is just safe on the internet. Branch is now just a days away! phone call away. Page 2 Page 3 Page 3 Page 4 volUme 4 2007 RaTeWaTCH Beacon Introduces DebitPass, the Reloadable Debit Card Program Beacon Credit Union is pleased to offer a new • A DebitPass Card is great for traveling, CERTIFICATES/IRAs ......................APY 6 Month Certificate ($2,500 min.) ...........5.22% Reloadable Debit Card program called DebitPass. particularly internationally. 1 Year Certificate ($2,500 min.) ..............5.22% DebitPass is a MasterCard branded debit card • If you have a student at home or in college 18 Month Certificate ($2,500 min.) .........5.33% that can be pre-funded with your money and that you help support or to whom you provide 2 Year Certificate ($2,500 min.) ..............5.33% used to make purchases or an allowance, getting them a 3 Year Certificate ($2,500 min.) ..............5.33% 4 Year Certificate ($2,500 min.) ..............5.33% withdraw cash. The card is DebitPass card to access their 5 Year Certificate ($2,500 min.) ..............5.33% reloadable, meaning you can money is a safe, inexpensive and IRA Account (18 Month Cert.) .................5.30% deposit money onto the card convenient way to send them 15 Month Certificate Special ..................5.43% over and over again. It is not a their money and monitor their LoAn RATES........................................... APR Primary Res. 15 yr. fixed disposable gift card. spending. There is no minimum (20% down) ...........................................6.375% age limit on who can have a Primary Resident 1 yr. ARM Ways to Use a DebitPass Card DebitPass card however, a child must have a (25 yr. amort./20% down)......................6.125% Your DebitPass card can be used worldwide Social Security Number. Primary Resident 3 yr. ARM (25 yr. amort./20% down)......................6.375% wherever MasterCard is accepted. You can • If you are looking for ways to budget your Farm Operation (1 year max.) ..............7.750% make purchases in person, online, or over the everyday expenses, maintain a separate Farm Real Estate 15 yr. fixed phone. You can also use your card to get cash account for “personal”, or other money (35% down) .........................................6.900% at virtually any ATM in the world or by using the management reasons, putting a set For a complete rates listing, visit www.beaconcu.org APY is Annual Percentage Yield · APR is Annual cash-back feature at retailers. Due to increased amount of money on a DebitPass card is Percentage Rate ARM is Adjustable Rate Mortgage fraudulent activity, Beacon Credit Union does an inexpensive, safe way to manage your Rates effective July 10, 2007 not permit Beacon Credit Union Debit Card or money. Rates Subject to Change ATM Card transactions from several countries • If you regularly transfer money to a relative including Mexico. With a DebitPass card, there internationally, getting them a card and are no restrictions on where the card can be used using it to transfer the money is safe, more including those countries restricted. DebitPass convenient, and less expensive than money Cards are also part of the MoneyPass ATM transfer services. network, the nation’s fastest growing surcharge • .. and many more great uses of a DebitPass free ATM network. Here are some of the more card. popular uses of a DebitPass Card: See DebitPass Continued on Page 2 8 DebitPass Continued from Page 1 SCHolaRSHiP Ways to fund your DebitPass Card Spending and Withdrawal limits WinneRS There are four ways to fund your DebitPass Card: You can withdraw up to $1,000 per day and you 1. Transfer money from your Beacon CU can make purchases, including cashback for savings or checking account. You can set up purchases, up to $2,500 per day. Beacon Credit Union has a one time transfer or recurring transfers. announced that it has awarded 2. Payroll direct deposit from your employer How to get one. eight (8), five hundred dollar scholarships as part of its 3. Cash deposit at your nearest Beacon CU Simply stop by your nearest Beacon Credit Union annual scholarship program. Branch. office and fill out and submit an enrollment form. 4. Transfer money from another DebitPass Card. It will take 5 to 7 days for you to receive your BRiTT foSTeR You can have any amount of money on the card card and Personal Identification Number (PIN). A recent graduate of Logansport High School. Enrolled at Purdue that you want. There are no monthly or annual fees, no costs for University. purchases. viewing your balance and transaction activity JaCoB BaBeR You can obtain your balances and transaction A recent graduate of Peru High School. Enrolled at Taylor activity at www.PayCardConnect.com or by calling University. a toll free telephone number. You may also obtain card balances at most ATM’s. Beacon Credit Kyle milleR Union will not have access to your balances or Currently a student at Herron School of Art & Design at IUPUI. transaction information. A 2006 graduate of Peru. BenJamin ReaSon oPening Soon: neW PeRU offiCe A recent graduate of Caston High School. Currently enrolled at Final touches are being put on the newest Beacon Credit Union Notre Dame. Branch Office at 904 W. Main Street in Peru. The facility will KaSSi DySon mark the 4th Miami County location for Beacon CU which has A recent graduate of Northfield banking facilities on North Broadway in Peru, the Grissom High School. Currently enrolled Aeroplex and an Agricultural and Commercial Lending office on at Ball State University. Old Key Drive in Peru. Located adjacent to Wendy’s and Pizza Joel THayeR Hut Restaurants, the former KFC location provides the benefit of A home-educated student access for Beacon Credit members to their accounts and credit in Sharpsville. Enrolled at union services on the West side of Peru in one of the town’s Cornerstone University. major retail business areas. laURen CooPeR A sophomore at Duke University. The one story, 1,600 square foot structure will contain enclosed A 2006 graduate of Warsaw High offices, 3 inside teller stations, 4 drive-up lanes, a Night Deposi- School. tory and an Automated Teller Machine. Design and manage- JoSHUa THayeR ment of the project is by Romary and Associates of Fort Wayne. A home-educated student Opening for operations is within weeks and an Open House for in Sharpsville. Enrolled at the public will be announced following completion. Cornerstone University. Just Arrived: New ATM’s have arrived at the Rochester and Peru (North Broadway) locations! 5 ReSoURCeS Attention: ATM, Debit Card, and HSA Debit To KeeP Card Conversion is August 15, 2007! KiDS Safe In order to sustain long term health of the ATM and Debit Card programs, final preparations are being online made to move these services to a new provider on the early morning hours of August 15, 2007. The internet is a valuable resource for kids. But, there’s If you carry a Beacon CU ATM, also a dark side. Use these Web Check Card, and/or HSA Debit sites to learn about the risks kids face online and to find Card, it is very important to note internet-safe information. the following information: fBi innoCenT imageS • You will be receiving a new ATM naTional iniTiaTive www.fbi.gov/publications/ or Check Card prior to August innocent.htm 15. The new cards will have a new look, a new card number, fBi PaRenT’S gUiDe To inTeRneT SafeTy new PIN (personal identification www.fbi.gov/publications/ number) and different expiration pguide/pguidee.htm date than your current card. You will receive your new Beacon CU Debit Card (above), new ATM card and/or new HSA Debit Card prior to August 15. THe CongReSSional inTeRneT CaUCUS • The current ATM or Check Card aDviSoRy you carry will no longer be valid beginning at As part of the change, Beacon Credit Union CommiTTee www.netcaucus.org/ 3:00 a.m. on August 15, 2007. will join the MoneyPass® surcharge-free ATM network, which translates into significant geTneTWiSe • You must activate your new card prior to use. benefits for you. MoneyPass® has thousands of getnetwise.org Activation may take place via the telephone surcharge-free ATMs coast to coast — and the CyBeR TiP line or at any Automated Teller Machine after 3:00 network continues to grow. When you complete cybertipline.com a.m. on August 15, 2007. a transaction at any MoneyPass® ATM, the credit union or bank who owns that machine will • You may choose to reset your newly assigned not charge you a surcharge fee. Beacon Credit PIN at any Beacon CU Automated Teller Union will also remain a member of the Alliance Machine or by phone after activation of the One surcharge-free network, which offers similar card. PIN’s may be reset to the same number benefits. For more information on MoneyPass®, as your current PIN. including the MoneyPass® locations nearest you, visit www.beaconcu.org. • Any preauthorized debits or transfers that you have set up using your current ATM or If you have any questions, you may contact our Check Card must be changed to the new card Beacon Credit Union Contact Center (press numbers and expiration dates as the existing Option 3 when calling any of our Beacon CU card numbers will not be valid after August 14, offices) or visit any of our Beacon CU offices. 2007. • Select machines will be equipped to include directions in Spanish. The Compass, a publication of Beacon Credit Union WWW.BeaConCU.oRg How to Contact Beacon Credit Union Education Savings Accounts, Wabash 529 College Savings Plans, and more... (260) 563-7443 If you’re faced with the rising cost of north Manchester college, either now or down the road (260) 982-7551 sometime, education savings accounts Rochester (574) 223-4871 and 529 college savings plans offer Peru (n. Broadway) you tax-free ways to save. For more (765) 472-3472 information about these plans and other Peru (W. old Key Drive) ways to save for college, please contact (765) 472-1022 us. Logansport (216 Mall Road) Beacon investment Services (574) 722-2161 Located at: Beacon Credit Union Logansport (1405 W. Market St.) 586 S. Wabash St. Wabash, IN 46992 Michael D. Farner ChFC, CLU - Financial Advisor (574) 722-6395 (260) 563-7443, ext. 2009 Marion (765) 664-9537 Representatives are registered through, and securities are sold through, and Investment Advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member NASD/SIPC, A Registered Investment Advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Insurance sold through Huntington licensed CUNA Mutual Life Insurance Company Representatives, and in New York, licensed insurance representatives of other companies. Nondeposit investment products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the credit union. (260) 359-9680 1385-P1360F(0403) Warsaw Finding a shared branching service center just (574) 268-1276 got easier! We realize that life is hectic and Grissom Aeroplex sometimes stopping by your regular branch to (765) 689-9181 take care of your financial business is just not Department extensions an option. That’s why we are part of shared CD/IRAs................................ ext. 2230 branching – to give you access to your account Collections ............................ ext. 2215 Human Resources ................ ext. 2270 close to where you work, live, and play! But how It’s easy E-Services ............................ ext. 2260 can you find a location near you? Consumer/Ag Lending .......... ext. 2200 Real Estate Lending ............. ext. 2205 Beacon Inv. Services ............ ext. 2245 On-the-go members can now take advantage of New Accounts ....................... ext. 2235 to find a a new way to locate a convenient service center VISA...................................... ext. 6015 Contact Center ..................... "0" or "3" when out and about around town, on vacation, in the car, or any variety of places. Our new phone Email: firstname.lastname@example.org locator service will help you find a Credit Union Send all mail inquiries to: Service Center near you when you call 1-800-919- Beacon Credit Union CUSC (2872) and search the directory by zip code PO Box 627 Call: 1-800-919-CUSC or street to receive the address, phone number, Wabash, IN 46992 Online: CreditUnion.net operating hours, and even driving directions to the branches nearest you. In addition, you have the Each account insured up to $250,000 by Ameri- option to receive the information in Spanish if you can Share Insurance. By members’ choice, this Access your accounts prefer. With this new alternative, finding a service institution is not federally insured. at any Credit Union center has never been simpler! Center today.