nk on Something Better
Ba ! Your Community
Credit Union for 68 Years!
Serving Shelby, Harrison, Crawford, Carroll, Cass, Audubon & Pottawattamie Counties.
Mortgage Loans Habitat for
For Every Taste Humanity
Are you considering buying or building a home? Let
us help get your project cooking with a smorgasbord West Central Iowa
of real estate loan products tailored to your unique
needs. Pork Loin Dinner
• Fixed rate mortgages with terms of 10, 15, 20, 25, 30 and Auction
and 40 years
• Adjustable rate mortgages Sunday,
• 5 and 7 year balloon mortgages
• No down payment / 100% loan to value programs September 9, 2007
• Second home loans 11:30 a.m. – 1:30 p.m.
• Loans available up to $4 million
St. Michael’s Parish, Harlan, Iowa
• First-time homebuyer programs allow for a lower down payment, higher
debt ratios Auction to Follow. Tickets can be bought at the TCCU.
• Programs for members with credit challenges
• Stated income and asset programs for self employed borrowers
• Manufactured home loans
• Loans for non-owner occupied, real estate investments for up to 4 units Plastic Card Fraud
• Simultaneous second mortgages and lines of credit
For more information or a no-cost preapproval, contact Denny at 712-
Did you know credit card fraud costs cardholders and the
issuing ﬁnancial institutions hundreds of millions of dollars each
Home Equity Loans year? While it’s not always possible to prevent credit card fraud
Your home is an asset, but only if you use it like one. You can use a from happening, becoming educated on the steps you can take to
prevent fraud can reduce your chances of becoming a victim.
home equity loan to consolidate debt, improve your home and pay college
Follow these important steps to keep your information safe:
tuition. And, of course, take that vacation you’ve been dreaming about. • Sign the back of your credit and/or debit cards as soon as they
Welcome To Our Home Equity Promotion! arrive
• Get a $100 Visa Gift Card with a Home Equity • Carry cards separately from your wallet - in a zippered
Loan from TCCU! compartment, a business card holder, or another small pouch
• Get a new car or truck • Keep a record of your account numbers, the phone number and
• Finance a remodeling project address of each company, and their expiration dates in a safe
• Pay education expenses place
• For a limited time only, get a $100 Visa Gift Card • Memorize your PIN - never write it on anything carried with or
near the card
when you close on a Home Equity Loan! Consider
• Tear or shred receipts, bills, account statements, and other credit
your possibilities. card offers before throwing them away
• Save receipts to compare with billing statements
May We See Your Id, Please? • Notify card companies in advance of a change in address
• Check your credit report regularly for any inaccuracies or unusual
For The Last Time
transactions Some things to avoid:
• Never lend your credit/debit/ATM card(s) to anyone
You can’t be too careful when it comes to protecting your ﬁnances. That’s why • Don’t leave cards or receipts lying around
we’re scanning your identiﬁcation cards into our computer system. This way, • Never sign a blank receipt - when you sign a receipt, draw a line
we’ll be able identify you when you come into our ofﬁce. This beneﬁts you in through any blank spaces above the total
many ways. First, once we scan your ID card, we won’t need to ask for it again. • Never give out your account number over the phone unless
Second, it helps prevent someone from pretending to be you and messing with you’re making the call to a company you know is reputable
your accounts. Third…you won’t have to kick yourself when you forget your ID If you lose your credit card(s) or if you realize they’ve been lost
at home anymore. It will make everything safer and more convenient. So bring or stolen, please call us immediately at 712-755-3881. If it is after
in any government issued identiﬁcation card. It only takes a minute…and it will hours, please call (800) 682-6075.
save all of us time later.
If you become a victim of a fraud scam, contact us at TCCU.
Moving? Send us your new address or phone numbers
Remember to tell us your new address or phone numbers – online, call or
visit our ofﬁce in Harlan.
Lobby: Mon.-Thurs., 8:30 am-4:30 pm
Friday, 8:30 am-5:30 pm
Drive-up: Mon.-Thurs., 7:30 am-5:00 pm
Fri., 7:30 am-5:30 pm; Sat., 8:30 am-Noon
1024 5th St., Harlan, IA 51537
712-755-3881 • 877-455-3015 • www.towncountrycu.com
Opt Out - credit card solicitations Check your financial health
You can have your name removed for ﬁve years or Personal Money Management Quiz. Yes Or No Are You
permanently from credit card solicitation mailings. Call YN 1. Balancing your checkbook YN 8. Taking out new loans
Opt Out Prescreen at 1-888-567-8688 or go to their website with your statement of to pay off old ones, or
www.optoutprescreen.com. account each month? extending loans in order to
YN 2. Putting money into an lower
emergency savings account monthly payments?
Give the Gift You Know They’ll YN
and leaving it there?
3. Able to save for upcoming
Y N 9. Using cash advances from
one credit card to make
Love! needs such as periodic
expenses and long-term
payments on others?
Y N 10. Receiving phone calls
Gift shopping for family and friends isn’t always easy. Make sure to goals? and notices from creditors?
get them something they’ll really like and use. Give them an Gift Card. YN 4. Making minimum The results
New to Town and Country Credit Union, the VISA gift card is just like payments on your revolving Add up the number of yes’s
cash and can be used almost anywhere VISA is accepted. Your friends
credit accounts (credit you have. Then see where you fall
and family will be able to access the funds immediately.
cards)? below with your score.
The gift card allows them to shop online, wander through the mall, go
out to dinner or catch the new movie premier. From coast to coast, they
YN 5. Postdating checks to give 1, 2, & 3 –EXCELLENT, keep
can get exactly what they want, when they want it. yourself some extra ﬂoat up the good work.
Cards may be purchased from $25.00 to $750.00. You decide how time? 4 & 5 –Call Mr. G, our
much money you want to load onto the card. Each card costs only $2.00. YN 6. Unaware of how much Credit Counselor for preventive
That’s less than the cost of gift wrap and a bow. debt you owe and to counseling, 1-515-577-1799.
The Visa Gift Cards are available at the teller line at the Credit Union. whom? 6–10 –If you are experiencing
YN 7. Borrowing money from any of these situations, call
family or friends to pay for Mr. G, our credit counselor, 1-515-
Credit Cards: Switch and Save regular household expenses 577-1799.
If you’re like most Americans, you probably use more than one credit
card. Do you know what would happen if such as rent, food, and
you went over the credit limit on one of your clothes?
cards, or if you made a late payment? If you
got the card from a large national card issuer,
chances are you’d be charged high penalty Calculate Your Debt to Income Ratio
fees, and you might ﬁnd your interest rate See below Debt To Income Ratio Calculation Worksheet.
hiked to more than 30%. Evaluate Your Debt to Income Ratio
Did your credit card come with tricks and traps? If so, shop carefully Most lenders will tell you that a 36% or lower debt to income ratio is good.
and switch to a better card—they’re not all created equal In reality, it’s difﬁcult to apply a one-size-ﬁts-all formula to everybody. Your
personal situation, such as number of dependents, unusual expenses, and
spending habits will affect how much debt you can reasonably handle, but as a
If It Looks Too Good to be True...Recognizing and general guideline, let’s assume that anything over 36% would be uncomfortable
Preventing Mail Fraud for the average person.
Each year, thousands of consumers and business people fall prey to Financial Health Barometer
mail fraud schemes. They snare victims of all ages, from all walks of life. If your debt to income ratio is: Less than 30%: Excellent! 30% to 36%:
Unfortunately, if victims don’t recognize a scam until their life savings are Good. You won’t have any problem with lenders, but work to bring it down
in fraudsters’ hands, they rarely recover their money. below 30%. 36% to 40%: Borderline. Some lenders will still give you a loan
Prevention is the key to eliminating mail fraud, and protection begins but you may struggle to make your payments. 40% or higher: Red ﬂag. Your
with awareness of the latest scams. credit situation requires attention.
Go Direct Campaign Urges Boomers To Choose DEBT TO INCOME RATIO CALCULATION
Direct Deposit MONTHLY DEBT PAYMENTS
While there’s increasing evidence that baby boomers are becoming more Monthly mortgage payment (include property taxes and insurance) or rent $
ﬁnancially savvy, one of four boomers still gets paid with old-fashioned
paper checks. Now there’s a campaign to change that. “Go Direct” is a Monthly home equity line of credit or loan payment $
national campaign with one key goal: Increasing direct deposit use among Monthly car payments $
existing Social Security recipients.
With the anticipated surge in baby boomer retirements, the Treasury Monthly revolving credit payments (furniture, appliance loans, etc.) $
Department--one of the partners spearheading Go Direct--just launched Monthly student loan payments $
a yearlong pledge drive, “Countdown to Retirement,” to encourage
Monthly minimum credit card payments times two $
boomers to choose direct deposit of paychecks now so they’ll be more
likely to sign up for direct deposit once they start collecting their Social Other monthly loan amounts $
Security beneﬁts in retirement.
Monthly child support payments $
The beneﬁts of direct deposit are clear: Not only is it easier for
consumers to use than paper checks, according to Treasury ofﬁcials, it’s TOTAL MONTHLY DEBT PAYMENTS $
safer. Paper checks can be stolen and forged and have a higher incidence MONTHLY INCOME
Direct deposit also saves money. Currently, about 20% of Social Monthly net (take-home) pay $
Security and Supplemental Security Income checks are issued in paper Annual bonuses and overtime, divided by 12 $
form (The Wall Street Journal Jan. 3). As 70 million boomers transition to
retirement, the costs of processing millions of additional checks will surge Other annual income, divided by 12 $
unless those payments go the route of direct deposit. Each paper check TOTAL MONTHLY INCOME $
costs the government 80 cents more to process than does an electronic
deposit. DEBT TO INCOME RATIO
It’s easy to sign up. Visit GoDirect.org or call 800-333-1795 for free Total Monthly Debt Payments Divided by %
direct deposit of your government check. Total Monthly Income = Debt to Income Ratio
Share Savings and Share Home Equity Loans Direct Deposit Wire Services Home Owners Insurance Variable Universal Life
Draft Checking Accounts Mortgage Loans Photocopy Services Fax Services Term Life Insurance Insurance
Free Check Imaging Personal Loans Phone Transfers Night Depositories Accident Insurance Mutual Funds
Holiday Club Accounts Business Loans Payroll Services Credit Life and Disability Whole Life Insurance Folio Investing (50 Stocks)
Certiﬁcates of Deposit Lines of Credit On-Line Services Insurance Variable Annuities 529 College Savings Plan
Kirby Kids Club Visa Gift Card Free Internet Banking Gap Insurance Fixed Annuities
Teen Club 9.9% APR MasterCard Free Notary Draft Images Loan-term Care Insurance
Vehicle Loans Debit Cards Drive-up Services Auto Insurance