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					                                                                                   W I N T E R            2 0 1 1




                    Published for Members of the Baltimore County Employees Federal Credit Union


                                   Are you seeking financial security?
        We’ve got your best interest covered!




Thinking about consolidating your bills? Ask a                                                          Attention Homeowners…Did you know you can
Loan Counselor about options that can lower your interest                                               borrow money based on the equity you’ve accumulated in
rate with a payment that better fits your budget. Some                                                  your property? We offer fixed or adjustable rate Home
members have eliminated mounting credit card bills using                                                Equity Loans with great rates and terms. And, the best
a fixed or variable rate Home Equity Loan. They enjoy                                                   part—there’s No Closing Costs! (See qualifying details below)* *
possible tax benefits, make progress in reducing their debt,
and start to rebuild their savings.                                                                     Have you thought about Refinancing your first mortgage
                                                                                                        or Purchasing a home? Our Mortgage Counselors can
Shopping for an Auto Loan? Credit Union rates are                                                       help you weigh the pros and cons and provide sound,
as low as 3.90% APR* which makes your payments most                                                     professional advice to help you choose the plan that’s best
affordable! Ask about a Pre-Approval to help you stay within                                            for you. We even offer an On-Line Mortgage Center at
budget. Your purchase and loan application is even more                                                 www.bcefcu.com when you are ready to apply.
convenient when you make your vehicle selection at a
dealership in the “One Stop Autos” program! Our website                                                       Visit the Loan Department or www.bcefcu.com for
has the current list of participating dealers.                                                               details on these and other lending products designed
                                                                                                                         with your best interest in mind!
*Subject to credit approval. Check for qualifying details. APR= Annual Percentage Rate.
**If loan is paid off within 24 months of the original note date, closing costs must be reimbursed to Credit Union by the borrower.




                                                                             The Board of Directors, Volunteer Committees, and Staff
             HAPPY New Year!                                                 extend best wishes for a healthy and prosperous 2011!
                                                                                   Stash More Cash...

    The Savings ATM Card is
    available to members without a
    Credit Union Checking account
                                                                                                                  has arrived!
    or the SmartCash VISA Check
    Card. Members can use this
    card to withdraw monies from
    their credit union savings
    account at ATMs. You can avoid
    paying a surcharge by using
    one of the 40,000 Allpoint ATMs
    nationwide. To apply for the
    Savings ATM Card, stop by
    Member Services or visit
    www.bcefcu.com and click on
    “ATM/Phone Banking” under
    Products and Services.




                                      Earn a monthly Dividend on Credit Union Checking and
                                      a Rebate of interest paid on any non real estate loan!*
                                      These great benefits can be yours each month you answer “ YES” to all the following:

                                          $ Are you one of our 12,000 Checking account holders?

                                          $ Signed up for Direct Deposit of your net pay?

    QuickTeller On-Line and               $ Using the SmartCash VISA Check Card for at least 12 Point of Sale
    QuickTeller Audio
                                            (POS) purchases each month? (Cash withdrawals at ATMs not included)
    Response are two
    convenient services allowing
    members 24-hour, secure               $ Enrolled to receive a monthly E-Statement?
    access to their accounts either
    on-line or over the phone.        Start stashing more cash with
    Perform account inquiries,
    transfer funds from checking      Visit Member Services or www.bcefcu.com for details.
    to savings, or obtain statement
                                      * Checking Dividend rate will equal the rate paid on the Premier Money Market account for that month.
    transaction details. These          Loan Rebate will be a 1/2% reduction in your interest rate for that month applied to your unpaid balance.
    services are one nine one
    zero free and available to all
    members. For details or to
                                                                During 2010, we bid farewell to three employees who retired:
    apply, talk with a Member
                                                                Betty Hines of the Loan Department, Collections Supervisor
    Service Representative or visit
    www.bcefcu.com.                      Donald Kraft, and VISA/ATM Supervisor Barbara Hare. Management and employees
                                         helped them celebrate at special luncheon tributes with gifts of appreciation. We extend
                                         best wishes to Betty, Donald, and Barbara for a very "Happy Retirement!"

2
                            JOIN US FOR THE
                            48th ANNUAL MEETING
            The Annual Meeting will               The annual meeting “dinner” does
        be held on Tuesday, April 5,              require a reservation and is for
    2011, at the Columbus Gardens,                Credit Union members. Starting
4301 Klosterman Avenue off of Belair              Tuesday, February 15, 2011, up to
Road—just south of Perry Hall. The                200 reservations will be accepted only
business meeting begins promptly at               by phone. To make a reservation,                                   Rates as low as
5:30 p.m. The doors open at 4:00
p.m. for registration and no
                                                  contact us at 410-828-4730 ext. 7012
                                                  or ext. 7019. Please call one of these
                                                                                                                       7.9%
                                                                                                                          APR
reservations are required to attend               extensions and leave a message with:
the business meeting. An election                 (1) first and last name of each              With our Holiday Loan,
will be held to fill the three vacancies          member attending the dinner; (2)             you can consolidate your high
on the Board of Directors and results             member account number; and (3)               interest rate credit card bills.
will be announced that evening.                   daytime phone number should we               Rates are as low as 7.90% APR
                                                                                               (Annual Percentage Rate).
Door prizes will also be awarded.                 need to contact you.
                                                                                               A 12-month repayment term,
                                                                                               and payroll deduction make this
                                                                                               the perfect solution to paying
  The Nominating Committee, under the chairmanship of Douglas Burgess,                         expenses associated with the
  recommends the following candidates to fill the three vacancies on the                       holiday season. Don’t delay…
  Board of Directors.                                                                          the Holiday Loan Special ends
                                                                                               on January 31, 2011. To apply
  DAVID G. F. FIDLER has been employed by the Baltimore County Department of Public            on-line, visit www.bcefcu.com
  Works for 18 years and serves as the Department Information Officer. He has served as a      or talk to a Loan Counselor today!
  volunteer of the Credit Union over the past 15 years—serving on the Board of Directors
  since 2008. Various Committees include: Marketing (1995-1999); Loan Policy Review (1999
  to present, nine of those years he has served as committee chairman); Nominating (2003);
  Delinquency (2005-2007) and since 2007 has served on the Scholarship Committee.

  PAUL HUDSON is employed at Daft-McCune-Walker, Inc (DMW) as a Civil Engineer. He             Important Auditor
  has been a volunteer of the Credit Union since 1974 where he has served as chairman of       Insert. To ensure the
  numerous committees over the last three decades (Policy, Budget, Personnel, Special          accuracy of members’ financial
  Loan). He has also been on the Board of Directors since 1981, serving as Vice President      statements and transactions,
  during the 1980’s and later as President from 1989 through 1995. Since 2002, he has served   enclosed with your statement
  on the Executive Committee as Secretary of the Board.                                        is a special insert from our
                                                                                               auditing firm, Rowles &
  JEFF MAYHEW has been employed by the Baltimore County Office of Planning since
                                                                                               Company, LLP. Please follow
  1990. He holds the position as Chief of Community Planning. Joining the Credit Union in
  1990, he has been an active volunteer since 1997. His volunteer roles include: Member of
                                                                                               the instructions on their insert
  the Investment Committee (1997 to present); Nominating Committee (1999, 2000, 2003, 2006,    if you have any eight five six
  2008); Board of Directors (2002 to present—serving as Vice President since 2005); Loan       four concerns about your
  Policy Committee (2002-2005); and Field of Membership Committee (2003 to present). He has    Credit Union account.
  also completed the requirements for the Volunteer Achievement Program Award.                 Thank you.

  Note: Any other members interested in running for office must obtain the signatures of at
  least 1% of the membership in good standing and submit a petition, statement of
  qualifications, and biographical data on or before February 24, 2010. For details, contact
  Credit Union Manager David Hagar at 410-828-4730 ext. 7015.




        FOR SAVINGS AND LENDING RATES,
         click on current rates at www.bcefcu.com
                                                                                                                                       3
                                                                                             PLOYEE
                                                                                          EM
Congratulations                                                                                                  HOLIDAY CLOSINGS
The following staff members mark special anniversaries of their employment.              SP
                                                                                           OTLIGHT
                                                                                                                  MONDAY, JANUARY 17
                                                                                                                   Martin Luther King
Their dedication to member service is greatly appreciated.                                                           Jr’s Birthday

 Rozilyn Kim               Mortgage Counselor       Towson            10 Years on January 22                     MONDAY, FEBRUARY 21
                                                                                                                     President’s Day
 Cheri Fisher              Loan Counselor           Towson            3 Years on January 2
 Kelly Turbin              Member Services          Towson            3 Years on January 14
 Maureen Cook              Credit Card Specialist   Towson            3 Years on March 11




                                                                                                      BABYTALK
    2011
    SCHOLARSHIP
                                                                                                      Your child’s financial future begins at your
                                                                                                      Credit Union. All new babies, 12 months
                                                                                                      of age and younger, will receive $10.00 to
                                                                                                      start eight four nine zero their account
                                                                                                      along with a brand new coin bank.
    AWARDS
    PROGRAM
       Attention new and returning college-bound students! Your Credit
    Union is proud to sponsor its 10th Annual Scholarship Award Program.
                                                                                                      Read & Win!
                                                                                                      The last four digits (in proper sequence)
    We believe in rewarding students for their academic accomplishments and                           of three account numbers belonging to
    supporting the educational goals of our members.                                                  members of the Credit Union are hidden
                                                                                                      in your newsletter. Find YOURS and call
       To be considered for an award, applicants will be asked to demonstrate                         the Marketing Department by January
    their knowledge and creativity in an essay regarding a specific topic. For                        28, 2011, and we’ll add $25 to your
    more details, including the essay topic for 2011, visit the Youth Center at                       Savings Account. Good luck!
    www.bcefcu.com or stop by one the branch locations for an official
    application. The deadline for entries is March 31, 2011.

         FIRST-TIME COLLEGE                         RETURNING
         STUDENT WINNERS                            STUDENT WINNERS
         (High School Seniors Only)
                                                                                                                 WWW.BCEFCU.COM

         Grand Prize:   $1,000                      Grand Prize:   $1,000
                                                                                                                      TOWSON
         1st Runner-Up:  $500                       1st Runner-Up:  $500                                     23 W. Susquehanna Avenue
         2nd Runner-Up: $250                        2nd Runner-Up: $250                                       Towson, Maryland 21204
                                                                                                                   BUSINESS HOURS
                                                                                                          Mon. thru Wed. & Fri. 8 am -4pm
                                                                                                                 Thurs. 8am-6pm

    OTHER SCHOLARSHIP OPPORTUNITIES                                                                                 PERRY HALL
       CU Foundation of MD & DC. The Foundation is offering $11,000 in scholarship                           8640 Ridgely’s Choice Drive
    awards to Maryland and District of Columbia credit union members. Ten prizes of                             Baltimore, MD 21236
    $1,000 will be awarded based on the traditional essay approach. An additional $1,000                           BUSINESS HOURS

    will be awarded to the winner of their video category. Download the application at                        Mon. thru Thurs. 9am -5pm
    http://cufound.org/scholarship.htm. The deadline for entries is March 31, 2011.                        Fri. 9am-6pm; Sat. 9am-12noon

        Education Exchange. If you are a college-bound high school senior graduating in                            410-828-4730
                                                                                                                  1-800-234-4730
    2011 and a member of the Credit Union, you are eligible to participate. This program
                                                                                                               QuickTeller Audio Response
    offers a total of $50,000 in grants to deserving students across the United States (four                       410-825-6180
    $5,000 awards, and thirty $1,000 awards.) Applications will be in the lobbies of both
    offices by January 15th. The deadline for entries is March 15, 2011.

                                                                                                                                       EQUAL HOUSING

                                                                                                                                       LENDER

				
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