CULink WINTER 2008 Board of directors First Ohio Peter F. DiCesare New Look for Website Chairman Ann Stahl Vice-Chairman Coming soon! Our website, www.firstohiocu.org, is being revamped! Our new and improved website will be up and running Theodore Alex Treasurer Richard Focht Credit Union, Inc. WINTER 2008 Secretary sometime in January. In the Dennis Mathern meantime, the current website will still Director Jeannine Curns Now Offering Mortgage Loans... be accessible. Be sure to log on and Director First Ohio Credit Union is now offering mortgage loans up to 40 check out our new, fresh website! Stephen Helms years, with expanded capabilities allowing us to provide our Director members with mortgages in the range of 15, 20, 30, or 40 years. ManageMent We hope our new program will provide our members a broader First Ohio Credit Union Stephen M. Favor President & General Manager range of products to better suit everyone’s needs. Our rates are competitive, and all mortgages are serviced In-House! Our 2008 Holiday Schedule Patti Essman Senior Vice President mortgages can be used for new purchases as well as refinances. First Ohio Credit Union Lindy McDole Our newly expanded program has the variety to suit most needs. will observe the following holidays: Vice President Call or stop in today for more details! Ruth Kerr New Year's Day.......................... Tuesday, January 1st, 2008 Collection, Accounting, Operations Manager President’s Message up to 40 Years! Martin Luther King, Jr. Day...... Monday, January 21st, 2008 Sharon Griffin Presidents' Day........................... Monday, February 18 , 2008 th Manager of Branch Operations Tiffin & Upper Sandusky Kim Biddle D ear Valued Members: Memorial Day............................. Monday, May 26 , 2008 th I’m sure you have all heard about the conventional responsible underwriting standards. If you Manager of Teller Operations “sub-prime mortgage crisis”. It has been are approved for a loan through First Ohio Credit Union, Independence Day...................... Friday, July 4 , 2008 th Suprena Johnson in all the news media and the topic of you can be confident that there will be no surprises down Tiffin Assistant Manager much discussion in the halls of our state the road. Independence Day...................... Saturday, July 5th, 2008 Robert Sacksteder and federal legislatures. A sub-prime mortgage Marketing Coordinator, Editor is any mortgage that is non-traditional and has rates I encourage you to check your mortgage documents to Labor Day................................... Monday, September 1st, 2008 or terms that fall outside the norm for most mortgage see if you have a sub-prime mortgage. If you’re not sure, Columbus Day............................ Monday, October 13th, 2008 Main office borrowers. The reality is that almost no credit unions and bring them in and we will be happy to review them with 1650 North Countyline Street almost no community banks have gotten involved in the you. If you have a sub-prime mortgage, do not wait until Veterans’ Day.............................. Tuesday, November 11th, 2008 Fostoria, OH 44830 sub-prime market. First Ohio Credit Union holds no you are facing foreclosure. Come in and see what we can 419-435-8513 sub-prime mortgages in our portfolio and we have do. I can’t guarantee we can re-write your mortgage, but Thanksgiving Day...................... Thursday, November 27th, 2008 800-537-5993 not originated any sub-prime mortgages. Most of I can guarantee we will do everything possible to help these types of mortgages have been originated by mortgage you out of your situation. The sooner you talk to us, the Christmas Eve............................ Wednesday, December 24th, 2008 tiffin office brokers and are held by investors and a few large money better the chances are that we can help. You may not get 203 North Sandusky Street center banks. Unfortunately, I suspect that some of our the answer you want, but I also guarantee you will get Christmas Day............................ Thursday, December 25 , 2008 th Tiffin, OH 44883 an honest straightforward answer. members may have gotten themselves involved in these 419-447-5929 types of mortgages, and some of these members may not New Year's Eve........................... Wednesday, December 31st, 2008 Even if you are not involved in a sub-prime mortgage, even know it. Upper sandUsky offices but are looking at the possibility of purchasing a home 205 Commerce Way, Suite 1 If you have a mortgage that is variable and the rate is for the first time, or moving up, come and see us. Rates Upper Sandusky, OH 43351 going to reset to a higher rate sometime in the next year, are actually at a very competitive level and we will be In addition to the above Holidays, the following adjustments to our scheduled hours of operation will occur: 419-209-7589 you have a sub-prime mortgage. The Federal Reserve has happy to talk to you about your opportunity to get a 111 Tarhe Trail lowered rates three times within the last six months. If new mortgage. • We will close both the lobby and drive-thru at 12:00 Noon this year on Upper Sandusky, OH 43351 your mortgage rate is going up when all the rest of the Wednesday, December 24th, 2008. 419-209-7589 rates in the market are falling, you have a sub-prime mortgage. First Ohio Credit Union has recently been Thank You & Merry Christmas, • We will close the lobby at noon and the drive-thru at 2:00 on Wednesday, (Call for hours) approved as a Fannie Mae Mortgage Originator. We only December 31st, 2008. www.firstohiocu.org offer conventional fixed and variable rate loans. There Stephen M. Favor are no teaser rates. We will underwrite your loan using President & General Manager 4 www.firstohiocu.org www.firstohiocu.org WINTER 2008 WINTER 2008 Charitable Contributions Pete & Ann’s New Terms Peter F. DiCesare is currently serving as Chairman of the Board and has been on the Board for eighteen years. Mr. DiCesare lives in Fostoria with his wife, First Ohio Credit Union will Mona. He graduated from St. Wendelin High School and attended the University scholarship opportunity offer three Scholarships in the of Dayton for two years studying electrical engineering. He attended Owens following amounts: $250, $750, Technical College and studied Fire Science. Mr. DiCesare recently retired, after and $1000. The scholarships 25 years of service, from his position on the Fostoria Fired Department, where he are open to all students who are finished serving as Assistant Fire Chief. Mr. DiCesare is active in the Lions Club members or whose parents are and Knights of Columbus Council 1197. His interests include golf, traveling, and taking road trips on members of First Ohio Credit his Harley Davidson. Union by September 1, 2007. The student must be enrolled Ann Stahl has been a Board Director for the past nine years. She has held or plan to enroll this year in the position of Board Treasurer, and most recently Vice-Chairman. Ann resides undergraduate study leading in Fostoria with her husband, a firefighter for the city of Fostoria, and five to an Associate’s or Bachelor’s We wanted to take this time to inform our children. Ann is the owner of Graphic Ideas Decals by Design and has been Degree. members about the Charitable Contributions busy making new signs, refurbishing old signs, decaling police cars, fire trucks, that First Ohio Credit Union makes to better the vans, boats and making banners. Ann actively attends Board Meetings and lives of members of our community and beyond. Students who are interested annual Conferences. Conferences are designed to educate and keep Credit As a not-for-profit company, it is our goal to must apply between January Union Directors informed of the latest developments and solutions. Ann believes these conferences enrich the lives of those around us in as many 15, 2008 and March 31, 2008. are very important for educational components for Board members. Ann enjoys her position as a ways as possible. Please take a quick moment Applicants must complete the Director on the Credit Union Board and cares about the members and employees. Ann looks at all to read the following list, a sample of donations the potential possibilities to keep the Credit Union strong, enhancing the performance of the credit application form and submit their we have made in 2007 and some other notable contributions from the past. union and moving it forward. transcripts of grades along with two letters of recommendation. The application forms will be Vietnam Veterans Memorial Wall available at the Fostoria, Tiffin, Sharing Kitchen and Upper Sandusky offices as of Boy Scouts of America January 15, 2008, or on the First United Way Ohio Credit Union website under the “What’s New” section. Simply Junior Achievement Upper Sandusky Branch click on the link ‘Scholarship Vietnam Memorial Chapel Our new branch in Upper Sandusky is nearing completion! Most of the exterior will be Application.’ You can also call Children’s Make-A-Wish Foundation completed by the time you read this, and work has moved inside as the weather turns and request that one be mailed Habitat for Humanity colder. We are still eyeing a grand opening date of January 22nd, 2008, barring unexpected to you. All applications must be Fostoria Community Foundation delays. Be sure to stop in and check out our beautiful new building! post marked no later than March Fostoria Early Childhood & Family Center 31, 2008. 111 Tarhe Trail – 419-209-7589 2 3 www.firstohiocu.org www.firstohiocu.org
"Sub Prime Mortgage Wanted with No Credit Check"