Winter '11 Newsletter - We Have Money To Lend

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					            Big City Efficiency...Small Town Friendliness

                                                        We Have Money To Lend

                     Online Banking
                  Online Bill Payer


                                                                                    Contact us today for help
                                                                                 in getting a home of your own
                                                                                    or lowering your existing
ABCO FCU is not responsible for typographical errors,
     omissions or misprints in this publication.
                                                                                          mortgage rate.

                                                         ATTENTION MEMBERS
 Loans Are Hard To Get In Today’s Market. ABCO LOVES to give LOANS of all kinds. It’s what credit unions are in business
 to do – to help people like YOU! Keep your ABCO loan source open by keeping your ABCO credit history current.
 If you would like to discuss your past history, call our Lending Department. All calls are confidential.
                             People Helping People - that’s been our mission since 1958.
                                  If You Have A Car and Maybe A Home,
                                 YOU COULD SAVE ON INSURANCE!

                                                                                                                     phone: 1-888-439-0770

 690 Beverly-Rancocas Road
    Willingboro, NJ 08046

                                 There is a difference in where you buy your insurance protection. Many people don’t
      Fax (609) 871-9083
    LENDING DEPARTMENT           realize there are three sources for insurance:
                                 1. Captive Agents can sell you the insurance of only one company.
 East Ridge Shopping Center
                                 2. Telephone Representatives - who can offer you only one company and only on the
  621 Beverly-Rancocas Rd.

                                 phone or over the internet.
    Willingboro, NJ 08046

                                 3. Independent Insurance Agents are members of the American Agency System and
      Fax (609) 877-9368
     RANCOCAS VILLAGE            represent an average of many insurance companies, handle multiple lines of insurance,
         215 Main St.            and search these firms to find you the best combination of price, coverage and service.

                                                           HOW DOES AN INDEPENDENT AGENT
     Rancocas, NJ 08073

                                                              WORK FOR YOUR BENEFIT?
      Fax (609) 261-4785

     OTHER LOCATIONS             Insurance policies are not static. You continually make changes as your family’s situation
                                 change. Changing drivers, cars, and coverages can drastically affect your premium
                                 and/or your desirability to your insurance company. What you think could decrease your

                                 premium may not always be the case and could result in no savings or even an increase.
      2652 Atlantic Ave.

                                 Your Independent Agent is familiar with many companies and can suggest alternatives
    Atlantic City, NJ 08401

                                 that could save your money or give you better coverage or both.
      Fax (609) 348-0192
81 Pemberton Browns Mills Road   We at Credit Union Financial Insurance Group (CUFIG) are independent agents – but
          P.O. Box 698           we come with an extra benefit. As a wholly-owned subsidiary of ABCO Federal Credit
   Browns Mills, NJ 08015-0698   Union, we bring to the table a commitment to the credit union principle of people helping
       Fax (609) 735-2215

                                      There IS A Difference - That Difference Is US - CUFIG.

                                            Quotes and consultations are always free
  (Hospital Employees Only)

                                           with no obligation to purchase any product.
       1 Cooper Plaza

                                         Contact us to discuss all your insurance needs.
     Camden, NJ 08103
     Fax (856) 756-0433
     6716 Black Horse Pike
Egg Harbor Twp., NJ 08234-3910
      Fax (609) 645-0249
     Doubletree Center
      870 Delsea Drive
     Glassboro, NJ 08028
     Fax (856) 582-6025
    2083 Lawrence Road
   Lawrenceville, NJ 08648
     Fax (609) 896-5323

  For Hours and Directions
        Go online @
     You can find
        us on

                                                                               2011                                                                   2012
                                 President’s Day . .     ...   .   .   .   .   ....   .   .Monday, February 21st     New Year’ Day . . . . . . . . . . . .       ..   .Monday, January 2nd
                                 Memorial Day . . .      ...   .   .   .   .   ....   .   .Monday, May 30th          Martin Luther King, Jr. Birthday             .   .Monday, January 16th
                                 Independence Day         ..   .   .   .   .   ....   .   .Monday, July 4th          President’s Day . . . . . . . . . . . .     ..   .Monday, February 20th
  CLOSED FOR THE                 Labor Day . . . . . .   ...   .   .   .   .   ....   .   .Monday, September 5th     Memorial Day . . . . . . . . . . . . .      ..   .Monday, May 28th
                                 Columbus Day . . .      ...   .   .   .   .   ....   .   .Monday, October 10th      Independence Day . . . . . . . . .          ..   .Wednesday, July 4th
    HOLIDAYS                     Veterans’ Day . . .     ...   .   .   .   .   ....   .   .Friday, November 11th     Labor Day . . . . . . . . . . . . . . . .   ..   .Monday, September 3rd
                                 Thanksgiving Day        ...   .   .   .   .   ....   .   .Thursday, November 24th   Columbus Day . . . . . . . . . . . . .      ..   .Monday, October 8th
                                 Christmas Day . . .     ...   .   .   .   .   ....   .   .Monday, December 26th     Veterans’ Day . . . . . . . . . . . . .     ..   .Monday, November 12th
   TAX                                                            THE SAVINGS KEEP GROWING
  TIME AND COMPANY,                                                   FOR ABCO MEMBERS
  IS HERE   CPAs                                                  ABCO is proud to participate in Invest in America, a unique program            NOTICE
                              is a full service
                                                                  offering our members discounts on products and services from U.S.             Effective March 1, 2011
                                                                  based companies. It not only gives you, our members, valuable              the following changes to our
                            CPA firm providing
                                                                  discounts, but it also increases sales for the participating companies     Fee Schedule will take effect.
                         income tax preparation

                                                                  and, on a larger scale, helps stimulate the U.S. economy. Basically,
                          and financial planning

                                                                  Invest in America is a win-win for everyone.                              • Overdraft, Returned Check,
                              for individuals,
                                                                                                                                            Third Party Check Returned,
                         businesses and estates.
                                                                         Simply visit                             Stop Payment , Deposit of
                                                                  to learn how, as a member of ABCO Federal Credit Union, you can
         Audit and accounting services
                                                                                                                                            NSF Check - now $29.00
                                                                  receive money-saving discounts from: General Motors, Sprint, Allied
to businesses and non-profits are also available.
                                                                  Van Lines, FTD, CU Benefits Express, CompleteTax, DIRECTV and             • Late Loan Payment - $29.00
                                                                  through ShopAmerica, a new online mall specifically for credit union      • Annual Fee for for certain types
           110 Marter Avenue, Suite 210

                                                                  members.                                                                  of Credit Cards - $25.00/year
              Moorestown, NJ 08057

                                                                      ABCO is here to help our members save with respected                  NO ANNUAL FEE FOR
             Phone: 856-234-7788
                                                                      U.S. companies at a time when everyone needs it most.                 ALL OTHER CARDS
                  Fax: 856-866-2324

                                                                                                                                            • Transfer Fee changed to allow
             Day, Evening, & Weekend                                                                                                        one (1) per month free
              Appointments Available.                                                                                                       NO CHARGE FOR UNLIMITED
                                                                                                                                            TRANSFERS IF YOU USE
                                                                                                                                            ONLINE BANKING OR 24-HOUR

                                                                                                                                            TOUCH-TONE TELLER.

                                                                      SPLIT AND SAVE
                                                                                                                                            • Share Draft Printing - New
                                                                                                                                            price schedule depends on style
                                                                                                                                            ordered. Check new price list.
                                                   IRS rules allow you to split your tax refund and
                                            send direct deposits to as many as three different                                                  Complete Fee Schedule
                                            accounts with three different financial institutions. The                                                  available at
                                            new rules apply regardless of whether you file on paper                                      
                                            or electronically.                                                                                 Click on Member Services
                                                   For many families of all income levels, the                                                          and then
                                            opportunity to direct their refunds to different accounts                                              Schedule of Fees.
                                            is a savable moment - an opportunity to build wealth.                                                    Questions:
                                            The average refund check for the 2009 tax year was                                                Contact your Local Branch
                                            about $2,887. Even a portion of that would go a long                                               or Member Care Ext.7600
                                            way toward building an emergency cash reserve for                                      
                                            unplanned bills and repairs.
                                                   In the past, many filers sent the windfall directly
                                            to their checking account and spent it before the money
could be transferred to savings. Split refunds are expected to further boost the savings rate, which
in 2009 rose to 6.9 percent, the highest in 15 years.
    Splitting your refund is easy. Use IRS Form 8888 to designate to which accounts and in what
amounts you want your refund disbursed. If you’re designating only one account, use the direct
deposit line on Form 1040. If you’re designating two or three different accounts, fill out and attach
Form 8888 to your individual filing form (1040, 1040A/EZ, 1040NR, or any of the 1040 series).
Use your ABCO Federal Credit Union’s Member Number
                          ABCO’s Routing & Transit Number is 2312-7827-4
                   Questions??? Contact any Branch Office or Member Care.
                                                                                                                                            I Need Cash NOW!
                                                                                                                                           Don't go to strangers,

                                                                                                                                               we can help.
                                                                                                                                           SMALL CREDIT BUILDER
      It's a treat to get a tax refund from the Internal Revenue Service (IRS). But life can turn less rosy                                       LOAN
if you lose your refund to a fringe lender. A fringe lender is a loan shark or scam organization that will                                 No Credit Report – $300-$500 limit
take your tax refund as a "down payment" on a loan. But it's a loan you'll never be able to repay                                          Easy qualifications – Fast Approval
because eventual interest rates can range from 40% to more than 700%.
      Many fringe lenders are located in tax preparation offices, check-cashing outlets and other places. They offer Refund                     SIGNATURE LOAN
Anticipation Loans (RAL) If you don't have your refund check yet from the IRS, they will lend you the money now in exchange for                       With low rates and
your refund check once it arrives. While the fringe lender is waiting for your refund check, it will be charging excessive fees.             flexible terms up to 48 months,
      Millions of people every year pay these types of fees for a little convenience. With electronic filing (used by most major tax       you'll find a payment to fit your budget.
preparers and available online) wait times have been dramatically reduced for tax refunds.
      Take our advice. Wait the short amount of time it takes to get ALL your money back. If you're in need of cash now, ask your          APPLY FOR A LOAN IN PERSON,
credit union for help. We offer a Small Credit Builder Loan with no credit report (see information on right) that provides a reasonable           BY PHONE OR
rate for a short term loan. Don't go to strangers, go to ABCO!                                 NEED CASH NOW?                                ONLINE @

                                                          ATLANTICCAPE COMM. COLLEGE                      CVS WAREHOUSE
                                                      Atlantic City, Cape May & Mays Landing               Westampton
                                                                BOB’S CORNER DELI                     COOPER MEDICAL CENTER
                                                                     Roebling                           (Employees only)                   SURCHARGE-FREE
Surcharge Free ATMs available through the Allpoint,
 STARsf and Co-op networks. Look for these logos or
                                                           BURLINGTON COUNTY COLLEGE
                                                             Mount Laurel & Pemberton
                                                                                                           RIDER UNIVERSITY
                                                                                                       Library & Daly Cafeteria                     ATMs
         find a locations from our website @                   CITY OF BURLINGTON or text to 692667 (MYCOOP).                   Municipal Building
                                                                                                                           Say              YES
                                                                                                                                GET AN
                                                                                                                               ABCO VISA
                                                                                                                              CREDIT CARD                                                      ESS!
                                                                                                                                                                                       FOR L
                                                                                                                           FREE Balance Transfers              SETT
                                                                                                                           Up to your credit limit
                                                                                                                           LOW FIXED RATE
                                                                                                                                   Rates As Low As 10.90%APR*
                                                                                                                           No Annual Fee For Most Cards
                                                                                                                             Apply in person, by phone or online @
                                                                                                                                   *A rate a member pays is based on credit worthiness.
                                                                                                                                      Other rates available to meet your credit needs.

                                           Putting money in a box is safe but your retirement dollars do not grow.
                           And it’s always tempting to take some of that cash and use it for other things or not add to your stash.
                          There are SAFE ways to grow your retirement through an Individual Retirement Accounts at ABCO. It does not take a lot to open these accounts
                          and you can even set up a plan for regular contributions. All are insured up to $500,000 per member account. Ask us.
                          We have many other ways to grow your money. Our wholly-owned subsidiary CU Financial Insurance Group (CUFIG) can help you develop a plan
                          to meet your retirement needs. Contact CUFIG – Phone: toll-free 888-439-0770 Email:

                              YOUR FREE CREDIT REPORT
Regularly checking your credit report enables you to keep track of your debts as well as check for errors and identity theft. Under federal law, you are entitled to a free copy of
your credit report from each of the three credit bureaus, Equifax, Experian, and TransUnion, once every 12 months. To obtain your reports, contact the Annual Credit Report
Request Service - or call 877-322-8228. You can get all three at once or stagger your requests throughout the year.
     Not sure how to read your credit report? Interested in building a stronger credit history?
                       As a benefit of your membership, you have access to BALANCE,
                               a free financial education and counseling service.
                                           Call 888-456-2227
                          or log on to for more information.

        IT O                                                                                Your credit union is dedicated to helping you realize your financial goals. We have a
     NEF HIP
                                                                                            free tool to help you weather today’s financial challenges – BalanceTrack - an online
     B         .
                                                                                            personal finance education center. BalanceTrack allows you to explore at your own
     O                                                                                      pace the essential elements of personal finance. Each of the learning modules is
                              Personal Finance Education Center interactive with links to helpful resources and has a quiz to allow you to test your
                                                                                            knowledge of the subject.
In addition to BalanceTrack, you also have access to free, unbiased money management information and financial counseling. All you have to do is make a toll-free phone call
to our partner, BALANCE, at 888-456-2227. A certified financial counselor can answer many of your questions immediately – from how long an item stays on your credit report
to whether it’s better to lease or buy a car.
For more complex issues, such as debt elimination or budget development, a telephone appointment will be scheduled – giving you the personal attention you need to meet your
objectives. If bills have gotten out of hand, your counselor may be able to arrange a Debt Management Plan in which your creditors may reduce interest and fees so you can pay
your debt quickly and efficiently.
We recognize that money concerns have a serious effect on our quality of life. Now, via the web or via phone 888-456-2227, financial education is available to you free of charge
as a benefit of your membership in ABCO Federal Credit Union.

                                                                                                             DINNER RESERVATION FORM
                                                  Price:                                                            Deadline: March 11, 2011
                                             $25 per person            Names of Members and Guests:                                  Method of payment – Check one:
                                                                        _____________________________________________________                    Share Draft/Check Enclosed for $_____________
                                             Spouses, friends
                                               and guests
                                                                                                                                                 Please debit $___________ from my:
                                              are welcome.
                                                                        _____________________________________________________                        Share Draft Account    Share Account
      6:30 pm, Meeting                          To attend
                                                                                                                                                 Name _____________________________________
       7:00 pm, Dinner                       you must return
                                             the Reservation
                                                                        _____________________________________________________                    Member No. ________________________________
                                                                                                                                                 Signature __________________________________
                                                                       TOTAL NUMBER ATTENDING _______ @ $25.00 each
                                             Form attached
     Carlucci’s Waterfront
                                                                       AMOUNT TO BE ENCLOSED OR DEBITED $ ________________

                                                                         Bring form to: Any Branch Office • Fax to:(609) 518-6958 • Mail to: ABCO Federal Credit Union, PO Box 503, Rancocas, NJ 08073
      876 Centerton Rd.,                     March 11, 2011.
        Mt. Laurel, NJ
                                                                                                EDUCATION CORNER
                                                                                                  2011 SCHOLARSHIP APPLICATIONS

                                                                                                                                   Available To Youth Members
                                                                                                The Award: The New Jersey Credit Union League’s Youth Involvement Board (YIB) sponsors $1,000
                                                                                                scholarship awards to be paid jointly to the winning students and the chosen accredited educational
                                                                                                Bonus Awards: Your Credit Union also offers additional $1,000 Scholarships based on the YIB rating.
                                                                                                The number of Scholarships ABCO awards is based on a stipend by the Board of Directors and
                                                                                                donations to our Scholarship Fund.
                                                                                                Eligibility: The applicant must be a member in good standing of ABCO FCU and must be enrolled as a
                                                                                                high school senior at the time of application. Scholarship funds must be used: (1) for tuition or textbooks;
                                                                                                (2) only at an accredited educational institution (2 or 4 year college, university or technical school.)
                                                                                                Application Process: Eligible student members must complete the Scholarship Application and submit
                         C O N TA C T U S                                                       all the related material. You can download the information and application form by going online to our
                                                                                                website - or from the NJ Credit Union League’s website –
                                                                                                You can also request printed materials from our YIB Representative Gina Lehman at our Rancocas
                                                                                                Branch Office.
                         MAILING ADDRESS

                                                                                                Selection Process: The judging of entries will be performed by YIB volunteers and will be based on
              P.O. Box 247 • Rancocas, NJ 08073-0247

                                                                                                academic performance, extracurricular activities, community service/involvement, references, and
                                                                                                personal goals. Winners will be notified in early summer 2011.
      TOLL-FREE PHONE NUMBER:                     1-800-225-1859
                                                                                                Deadline: Scholarship Applications must be received by ABCO on or before April 1, 2010. It is
                    WEB SITE:
                                                                                                recommended that you submit the materials a week before so that you do not miss the deadline date.
       24/7 TOUCH-TONE TELLER:                   1-800-808-2226
                        MEMBER CARE:            Ext. 7600

                                                                                                Be Smart About

                                                                                                Credit Cards
                          OTHER SUPPORT NUMBERS
          Visa – Evenings, Weekends & Holidays
Visa Credit Card . . . . . . . . . . . . . . . . . . . . . . .1-800-453-4270
Visa ATM/Check Card . . . . . . . . . . . . . . . . . .1-800-523-4175

                                                                                                SKIP THE FREE T-SHIRT.
Online Banking & Bill Payer . . . . . . . . . . . . . .1-877-760-6004

                                                                                                Get An ABCO
                            SERVICE OFFERS

                                                                                                Student Visa
                                                                                                The TV program guests told appalling stories. “I
                                                                                                owe more than $26,000 on my credit cards,” one
    Insurance Services • Retirement & Financial Planning

                                                                                                said defiantly. Another, confessing that he liked to
    Investment & Brokerage Accounts • Business Services

                                                                                                                                                          * Be realistic about your expenditures. If you’re
                                                                                                treat friends to expensive dinners out, admitted,
                          Mailing Address:

                                                                                                                                                          covering routine expenses with credit, you’re living
               P.O. Box 221, Rancocas, NJ 08073-0221
                                                                                                “I’ve trashed my credit rating.” And another, insisting   beyond your means.
                                                                                                she could manage her bills, said she had charged a
                   TOLL-FREE PHONE: 1-888-439-0770

                                                                                                                                                          * Understand the trap of minimum monthly
                          Fax: 856-439-1199

                                                                                                staggering $50,000 on 11 different credit cards.
                                                                                                                                                          payments. If you make a minimum payment – say

                                                                                                And the biggest jolt of all? These guests on TV’s         the lesser of 2% of the balance or $25 – on a
                                                                                                Oprah show all were college students in their late        $2,000 credit card balance, paying 18% interest,
          WELCOME MORTGAGE (Reverse Mortgages)

                                                                                                teens and early 20s. Two of them already had              you won’t pay off the balance for nearly 16 years,
             Barbara Gallagher – 1-800-624-6752

                                                                                                declared bankruptcy.                                      and you’ll pay $3,328 in interest charges.
                     TAX SERVICES

                                                                                                Many of the student guests said they’d first gotten a
Mazzucco & Co., CPAs . . . . . . . . . . . . . . . . .(856) 234-7788

                                                                                                                                                          When the student and parents agree that he/she is

                                                                                                credit card at the sign-up tables at college              ready to handle a credit card, talk to us at ABCO.
                                                                                                registration areas often with a free T-shirt or other     Our Student VISA Credit Cards carry a low
ABCO Federal Credit Union provides the above services to members without opinion to

                                                                                                promo item. One young man, a student who’d                interest rate and a credit limit that gives you the
the services provided.

                                                                                                worked registration as a recruiter for a national card    convenience you need without putting you in a
                                       CUFIG SERVICES
Securities offered by Registered Representatives of ING Financial Advisers, LLC (IFA),

                                                                                                company, said, “[students] are the bait, and we’re        lifetime of credit jeopardy. We also offer other
member SIPC. Investment Advisory Services offered by Investment Advisory Representa-
tives of IFA. Insurance sold through licensed insurance representatives of various

                                                                                                the sharks.” He explained that he earned points for       financial services for students such as:
companies in association with CU Financial Insurance Group (CUFIG) a wholly owned
subsidiary of ABCO Federal Credit Union. ABCO Federal Credit Union and its subsidiaries

                                                                                                each student he signed up.                                Share Draft Checking Accounts and the
are not corporate affiliates of IFA. Nondeposit investment products are not federally

                                                                                                                                                          convenience of Free Online Banking, e-statements
insured, not obligations of the Credit Union, not guaranteed by the Credit Union or any

                                                                                                All the participants said they’d learned some hard
affiliated entity, involve investment risks, including the possible loss of principal and may

                                                                                                                                                          and Bill Payer.
be offered by an employee who serves both functions of accepting member deposits

                                                                                                facts about using credit cards:
and selling nondeposit investment products. IFA products are not offered, recom-
mended, sanctioned or encouraged by the NCUA or the Federal Government. CUFIG,
P.O. Box 221, Rancocas, NJ 08073; phone 1-888-439-0770; fax 856-439-1199.
          SIGN UP FOR
       by end of
         5 KINDLES

   Online Banking, Bill Payer and e-statements are all FREE from ABCO - no strings, no requirements.
                               Check out all the details at

                                                                 GREAT DEALS – SEE INSIDE
                                                                     WARM UP TO OUR

                                                                   P.O. Box 247, Rancocas, NJ 08073-0247
                                                                              Mailing Address:

                                                                   Money News
PERMIT No. 1230
 Bellmawr, NJ
 U.S. Postage