WINTER 2008 _Page 1_.pdf

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					                                                                                                                                                                                                                                                                                                                                                                                                                        Spring 2010
                                                                                              Services                                                                                     Business Checking                                                                                                                                                                                                   annual Report Edition
                                                                                              Money Orders . . . . . . . . .No Charge (Non-members $1.00) Monthly Service Charge . . . . . .$10.00/mo (can be waived)
                                                                                              (Maximum value of each money order is $1,000)                                                Bulk Deposits of 30 items or more . . . . . . . . . . . . . .$4.50
                                                                                              Travelers Checks No Charge (Non-members $1.50 per $100)                                      Cash Service Fee . . . . . . . . . . . . . . . . . . . . . .$5.00 per order
                                                                                              Gift Checks . . . . . . . . . . . . . . . . . . .$2.50 (Non-members $5.00)
                                                                                              Certified Checks . . . . . . . . . . . . .$2.00 (Non-members $5.00)                           ACH Transactions
            Main Office                                                                        Domestic Outgoing Wire Transfers . . . . . . . . .$12.00                                     One Time ACH payment . . . . . . . . . . . . . . . . . .$ 7.50
                                                                                                 After 2:00pm . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.50
    13302 USF Palm Drive
      Tampa, FL 33612
                                          Holiday Schedule                                    International Outgoing Wire Transfers
                                                                                                 in foreign funds . . . . . . . . . . . . . . . . . . . . . . . . . .$30.00
                                                                                                                                                                                           One Time setup for recurring ACH . . . . . . . .$ 7.50
                                                                                                                                                                                           ACH Stop Payments . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 7.00
                                                                                                                                                                                           ACH Transactions Returned for
                                           Our offices will be closed                             Can not be sent after 12:00 pm                                                            Non-Sufficient Funds (NSF) . . . . . . . . . . . . . . . . . . . .$18.00
           (813) 569-2000                 for the following holidays:                                                                                                                                                                                                                                                          The Official Publication of USF Federal Credit Union
    Monday – 9 a.m. to 5:30 p.m.                                                              International Outgoing Wire Transfers                                                        ACH Items Returned Uncollected . . . . . . . . . . . . .$ 7.00
                                               Memorial Day                                      in US funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$40.00
      Tuesday thru Thursday                  Saturday, May 29
          9 a.m. to 5 p.m.                                                                       Can not be sent after 12:00 pm                                                            ATM / Visa Check Card                                                                                                                                Look for us under the credit union tents.
                                              Brandon and New                                 International Wire Trace . . . . . . . . . . . . . . . . . . . .$25.00                       Transaction Charge for                                                                                                                               USF Federal Credit Union Representatives along with Auto Advisors will be at each
      Friday – 9 a.m. to 6 p.m.
            Drive-thru
                                            Tampa offices will be                              Foreign Currency Trade-In . . . . . . . . . . . . . . . . . .$ 6.00                             USF FCU and CO-OP Machines . . . . . . . . . . . . . . . .None                                                                                    location to help you locate and purchase a new or used vehicle and to make sure
                                          open, all other locations
   Monday-Friday – 8 a.m. to 6 p.m.
                                                will be closed.                               Foreign Currency Ordering . . . . . . . . . . . . . . . . .$10.00                            Transaction Charge                                                                                                                                   your auto buying experience is enjoyable and hassle-free.
     Saturday – 9 a.m. to 1 p.m.                                                              Foreign Draft Ordering . . . . . . . . . . . . . . . . . . . . .$15.00                          Non-USF FCU and Non-CO-OP Machines . . . .$ 1.00
                                              Monday, May 31                                                                                                                               Card Replacement/Capture Fee . . . . . . . . . . . . . . .$ 5.00                                                                                                   Toyota of Tampa Bay           Ferman Acura & Mazda
         Marshall Center                     All locations closed                             Interim Statements . . . . . . . . . . . . . . . . . . . . . . . . .$ 2.00
   Monday-Friday – 10 a.m. to 4 p.m.                                                          Statement Copies . . . . . . . . . . . . . . . . . . . . . . . . . .$ 1.00                   Non-Sufficient Funds (NSF) - Per Item . . . . . . . . .$18.00                                                                                                        1101 E. Fletcher Ave.          11025 N. Florida Ave.
                                           Independence Day                                   Research/Reconciliation . . . . . . . . . . . . . . . . .$20.00/hr                                                                                                                                                                                               Tampa Honda Land                  Ferman Nissan
          Brandon Office                                                                       Dormant Account with less than $75.00 . .$5.00/mo                                            Visa
     710 Oakfield Drive, Ste. 175             Saturday, July 3                                                                                                                                                                                                                                                                                                  11000 N. Florida Ave.          11001 N. Florida Ave.
                                            Brandon and New                                   Money-Line . . . . . . . . . . . . . . . . . . . . . . . . . . . .No Charge                  Annual Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .None
         Brandon, FL 33511                                                                                                                                                                                                                                                                                                                                        This does not constitute an endorsement of these or any other dealers.
            (813) 569-2180                 Tampa offices will be                               Cyberteller/Cyberpay . . . . . . . . . . . . . . . . . .No Charge                            Statement Copies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 1.00
                                          open, all other locations                           Coin Counter . .No Charge (Non-members 10% of processed coin)
  Monday and Friday– 9 a.m. to 6 p.m.                                                                                                                                                      Reissue Lost Card . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 5.00                                                                  Special USF Day Offers
Tuesday and Thursday – 9 a.m. to 5 p.m.        will be closed.                                Notary Service . . . . . . . . . . . . . .No Charge (Non-members $5.00)
 Wednesday – 10 a.m. to 5 p.m. (Lobby)                                                        VISA Cash Advance . . . . .No Charge (Non-members $2.00)                                     Returned Check . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.00                                                                 Special offers only valid on April 10, 2010
                                              Monday, July 5
     9 a.m. to 5 p.m. (Drive-thru)                                                                                                                                                         Late Charge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 5.00                                                            - Receive preferred pricing from the participating dealers.
                                            All locations closed
     Saturday – 9 a.m. to 12 p.m.                                                             Checking                                                                                     (Payment received 16 days past due date)                                                                                                             - Finance with USF FCU and receive 1% cash back of your total loan amount!
     St. Petersburg Campus                                                                    Temporary Checks (8 checks) . . . . . . . . . . . . . . . . . .$ 1.50                                                                                                                                                                             - New and Used Auto loans with rates as low as 4.75% A.P.R.*
         510 3rd St. Suite 130                                                                  with Check Reorders . . . . . . . . . . . . . . . . . . . .No Charge                       Safe Deposit Box
       St. Petersburg, FL 33701                                                               Non-Sufficient Funds (NSF) -                                                                  3x5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15 per year
                                                                                                                                                                                                                                                                                                                                                  Plus save an additional .25% when you finance your auto with USF FCU with
            (727) 873-4328                                                                      Per Item . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$18.00                             (effective May 1) . . . . . . . . .$20 per year
                                                                                                                                                                                                                                                                                                                                                  automatic payment and electronic statements.
                                                                                              Checks Returned Uncollected . . . . . . . . . . . . . . . . .$ 7.00                                                                                                                                                                               - USF FCU financing available at the dealerships.
        New Tampa Office
     20401 Bruce B. Downs Blvd.
                                                                                              Stop-Payment Order . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 7.00
                                                                                                                                                                                           3x10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$40 per year              April 10                                   - Auto Advisors at the dealerships to assist you in the buying process.
                                                                                                                                                                                           5x10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$55 per year
          Tampa, FL 33647                                                                       Three or more . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$15.00
                                                                                                                                                                                           10x10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$70 per year
                                                                                                                                                                                                                                                                                                  9 a.m. – 5 p.m.                                                      Wear your USF Colors and register to win a $500 Gift Card!
            (813) 386-4324                                                                    Check Copies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 2.00
                                                                                                                                                                                                                                                                                           * APR = Annual Percentage Rate. Rates based on
  Monday and Friday– 9 a.m. to 6 p.m.                                                         Deposited Items Returned Uncollectible . . . . . .$15.00                                                               (effective May 1) . . . . . . . . .$75 per year                         credit worthiness. Rates valid through April 30,                          Are your family members looking for a new vehicle?
Tuesday and Thursday – 9 a.m. to 5 p.m.                                                       Collection Items . . . . . . . . . . . . . . . . . . .fee determined by                      (Plus a $10 refundable key deposit on each box)                                                   2010. Rates subject to change without notice.
 Wednesday – 10 a.m. to 5 p.m. (Lobby)                                                                                                                receiving institution                                                                                                                  This offer does not apply to existing USF
                                                                                                                                                                                                                                                                                                                                                                       Bring them along!
     9 a.m. to 5 p.m. (Drive-thru)                                                                                                                                                                                                                                                           Federal Credit Union loans. Members must                                  When you are a USF Federal Credit Union member, your
     Saturday – 9 a.m. to 12 p.m.                                                                                                                                                                                                                                                            set-up their vehicle loan with automatic                                  immediate family or members of the same household are
                                                                                                                                                                                                                                                                                             payment and electronic statements in order to
        ATM Locations                                                                                                                                                                                                                                                                        receive the .25% rate discount.                                           eligible to join.
             Main Office
           Marshall Center
          USF Main Library                                                                                                                                Is Your
                                                                                                                                                                          Back on
                                                                                                                                               Vehicle Loan with 1% CashTransfersCredit Card
        Health Science Center
           Morsani Center
     H. Lee Moffitt Cancer Center
             Sun Dome
        Embassy Suites at USF
          USF St. Petersburg
        USF Sarasota-Manatee
        New College of Florida                                                                                                                  Another Lender?   Balance                                                                                                                  Transfer your balances from expensive credit cards & sign up
           USF Polytechnic
                                                                                                                                                                                                                                                                                           for electronic statements to receive 1% Cash Back!
    Additional Numbers                                                                                                                                         Refinance your loan and receive 1% Cash Back!
       Toll-Free (800) 763-2005                                                                                                                                                                                                                                                            Is Your Credit Card Company Adding New Fees?
      Money-Line (813) 569-2100                                                                                                                                                                                                                                                            Many credit card companies are creating new fees to help
       VISA Customer Service                                                                                                                     By refinancing your current auto loan with USF FCU                                                                                         offset the effects of the new legislation passed in May 2009
            (800) 654-7728
    Job Line (813) 569-2000 Ext. 8                                                                                                              you will receive 1% of your total loan amount in cash                                                                                      which restricts rate increases. With all the changes taking
    Web Address: www.usffcu.org                                                                                                                                                                                                                                                            place in the credit card industry we want you to know the                        By helping your credit union Go Green,You Will Get Green!
                                                                                                                                                      and most likely lower your monthly payment!*
                                                                                                                                                                                                                                                                                           benefits of a VISA credit card from USF FCU remain plain as                       If you agree to receive your USF FCU VISA statement
          Management


                                                                               4.75
      Dr. Thomas Ness, President                                                                                                                                                                                                                                                           day. Compare these important features to your current credit                     electronically you will receive 1% of the balances you transfer
                                                                                 %                                                     Refinanced auto loans set up with Automatic Payment
                                                          d Used                                                                                                                                                                                                                           card. It may be in your best interest to switch to a USF FCU                     from other financial institutions or department store credit
          Board Officers                           New an oans                     A.P.R.*                                              and electronic statements will be discounted .25% off                                                                                               VISA card.                                                                       cards! **
        Dr. Scott Besley, Chair                       Auto L as                                                                                                                                                                                                                                 We Offer:
                                                               w                                                                    our already low advertised rate. With Automatic Payment,
                                                     tes as lo
       Willie Stokes, Vice Chair
      Richard Taylor, Secretary              with ra                 itional
                                                                             .25%
                                                                                          nts.                                               loan payments are transferred from a USF FCU or                                                                                                    ✓
                                                                                                                                                                                                                                                                                                ❏ Low, non-variable rates                                                   If you are already receiving your USF FCU VISA statement
       James Lewis, Treasurer                           save   an add nd e-stateme                                                                                                                                                                                                                    VISA Classic 12.9% APR*                                               electronically, you are eligible to transfer your balances from
                                                   Plus           ment a                                                                       other financial institution’s savings or checking
           Liz Karl, Director
                                                          tic Pay                                                                                                                                                                                                                                     VISA Gold 11.9% APR*                                                  other cards and receive 1% cash back!
 Farah Khorsandian-Sanchez, Director
                                            with Automa                                                                                        account to your credit union loan on an agreed                                                                                                         VISA Platinum 9.9% APR*
    Mary Frances Waugh, Director
                                                                                                                                                                                                                                                                                                ✓                                                                           Apply for your USF FCU Visa Card Today!
  Sandra Conway, Associate Director                                                                                                                                     upon day each month.                                                                                                    ❏ NO annual fee
                                                                                                                                                                                                                                                                                                ✓
                                                                                                                                                                                                                                                                                                ❏ NO application fee                                                        Visit our website at www.usffcu.org or call
     Supervisory Committee                 * A.P.R. = Annual Percentage Rate. Rates based on credit worthiness. Rates valid through April 30, 2010. Rates subject to change without notice. This offer does not                                                                                 ✓
                                                                                                                                                                                                                                                                                                ❏ NO cash advance fee                                                       (813) 569-2000 opt. 7.
     Dr. Ronald Satterfield, Chair
        Irene Hurst, Secretary
                                             apply to existing USF Federal Credit Union loans. Member must set-up their vehicle loan with automatic payment and electronic statements in order to receive                                                                                       ✓
                                                                                                                                                                                                                                                                                                ❏ 25-day grace period on purchases                                          * APR = Annual Percentage Rate
           Dr. Richard Will
                                             the .25% rate discount. If both of these criteria are not met at any time during the loan, the vehicle loan rate will be increased .25%. cyberteller access is required
                                             to receive your statements electronically.
                                                                                                                                                                                                                                                                                                ✓
                                                                                                                                                                                                                                                                                                ❏ 1% cash back on transfer of balances from high rate                       ** Existing USF FCU credit card balances are not eligible for the 1% cash back offer.
           RB Friedlander                                                                                                                                                                                                                                                                           cards when you help us Go Green!                                        cyberteller access is required to receive your USF FCU Visa statements electronically.
             Eric Hunter
- PRIVACY DISCLOSURE NOTICE -
                                              Business of the Month Program                                   EMPLOYEE OF THE MONTH
                                                                          USPEAKWELL, LLC is a             The Employee of the Month program was developed to recognize those individuals who truly demonstrate
USF Federal Credit Union is committed to                                  communication skills             excellence in the workplace. Employees are selected based on attitude, appearance, attendance, and ability in
providing financial products and services                                  company to assist                serving members and/or other employees. Part of the criteria for nominating the Employee of the Month is
to meet your needs and help you reach                                     professionals who want to        member comments. If an employee has served you “above and beyond the call of duty,” please let us know by
                                                                          have better communication        filling out a comment card available at the main office. Congratulations to our employee of the month:
your financial goals. We are equally
                                                                          skills when communicating
committed to protecting our members’                                      with clients and peers in
privacy. This Privacy Disclosure Notice                                   various work settings. Owner                        December 2009
explains how we collect, use and
safeguard your personal financial
                                                                          Ronnie Laughlin will work
                                                                          with you to provide
                                                                                                                              Andrea Paul began employment with the credit union in 1996. She has worked as a Teller
                                                                                                                              and Member Service Representative and is currently a Loan Servicing Representative.              Savings
information. Should you have any                                          one-on-one training that will                       Andrea is primarily responsible for handling auto insurance claims, title and registration       First Quarter 2010
                                                                          help your audience hear what
questions, contact a member service                                                                                           issues, resolves fraud issues with Visa credit and debit cards and resolves issues concerning    Savings &         Dividend A.P.Y.*
                                                                          you are saying rather than
representative at (813) 569-2000                                                                                              loan payments. Andrea was also the employee of the month in April 2000 and November              Checking          Rate
                                                                          how you are delivering your
option 7 or by e-mail at                                                  message.                                            2006.                                                                                            Jan               .60%            .60%
member_services@usffcu.org.                                                                                                                                                                                                    Feb               .60%            .60%
                                              Communication skills training can include work with                                                                                                                              Mar               .60%            .60%
USF Federal Credit Union collects             delivery for television or radio commentating,                Chair Message 2010                                                                                                 Special Savings See Savings
nonpublic personal information about          advertisements, or commercials, as well as public speaking
you from the following sources:                                                                                                                                                                                                Money Market Changes Weekly
                                              for company meetings and speeches. USPEAKWELL                The performance of USF Federal Credit Union (USFFCU) in 2009 can be regarded as impressive, especially
                                                                                                           considering the fact that many local credit unions faced significant financial struggles during the same period.      Holiday Club      See Savings
                                              training includes developing strong grammar, vocabulary,
 • Information we receive from you on                                                                      The financial strength of the credit union remains strong, which means that your deposits are secure. In fact,       Certificate Rates Changes Weekly
                                              pragmatic and pronunciation skills that will give you the    USFFCU currently has a superior (5-Star) rating from BauerFinancial, Inc., which provides an independent
   applications or other forms;                                                                                                                                                                                                Call (813) 569-2000 Ext. 7 for
                                              confidence to speak well in any setting.                      assessment of the credit union’s financial strength.                                                                 information on applicable fees,
                                                                                                                                                                                                                               terms and current rates. Or visit
 • Information about your transactions                                                                     The credit union continues to offer the best rates (highest savings rates and lowest lending rates) and the         our website at www.usffcu.org.
                                                    It’s a new year, so it can be a new you when it
   with us or others; and                                                                                  lowest fee structure in the Tampa Bay area. USFFCU ranks highest in the state and fifteenth best in the nation       *A.P.Y. = Annual Percentage Yield
                                                               comes to public speaking.                   among the 319 equivalent-sized credit unions for the Return Of the Member (ROM) index published by
 • Information we receive from a
   consumer reporting agency.
                                                             For more information, contact
                                                          Ronnie Laughlin at 813-784-7439.
                                                                                                           Callahan & Associates. The ROM measures the economic return that is provided to an average credit union
                                                                                                           member. USFFCU earned a percentile ranking of 95.30.                                                                Loans
                                                                                                                                                                                                                               Auto
                                                                                                           During these trying times, I am pleased to tell you that USFFCU is working with members who are experiencing        All vehicle model years 2010-2000
We do not disclose any nonpublic                                                                           financial difficulties to find mutually beneficial solutions to their problems. If you find yourself in a financial       Rates as low as 4.75% A.P.R.*
personal information about you to                                                                          bind, please contact a credit union representative to see what help might be available. Keep in mind, however,
                                                                                                                                                                                                                               Amount Financed        Max.Term
                                                                                                           that, although we try, the credit union cannot solve everyone’s financial problems. It is important for USFFCU to
anyone, except as permitted by law.

Even if you decide to terminate your
                                              Annual Meeting                                               continue to follow sound lending practices so that the interests of all members are protected. A primary reason
                                                                                                           the credit union is financially strong today is because the lending policies are sound.
                                                                                                                                                                                                                               $5,000 or less
                                                                                                                                                                                                                               $5,001 to $10,000
                                                                                                                                                                                                                                                     36 months
                                                                                                                                                                                                                                                     48 months
                                                                                                                                                                                                                               $10,001 to $15,000 60 months
membership or become an inactive              The Board of Directors has set Monday, April 5,              I am sad to report that our CEO and president, Dr. Tom Ness, is retiring in 2010. Tom has served the credit union   $15,001 to $20,000 66 months
member, we will adhere to the privacy         2010 as the date of the credit union’s Annual                for 33 years, first as a volunteer on the Credit Committee (1977-1980) and the Board of Directors (1980-1999),       $20,001 to $35,000 72 months
                                              Meeting. The meeting will be held at 6:00 p.m.               and then as CEO and president, a position he has held since 1999. I think everyone will agree that Dr. Ness did a   $35,001 or higher     84 months
policies and practices as described in this                                                                wonderful job leading the credit union during his tenure. He will be missed. The search for Tom’s successor is                     (new vehicles only)
notice.                                       on the second floor of the credit union’s main                currently underway. As the search progresses, be assured that the board will do its best to ensure that the next
                                              office. The credit union will remain open                                                                                                                                         Rates are based on credit worthiness.
                                                                                                           CEO and president continues the philosophy of USFFCU while helping the credit union to achieve its strategic
USF Federal Credit Union restricts access     regular business hours.                                      objectives in the future.                                                                                           Signature        as low as       9.90%
to your personal account information to       All members are invited to attend.                                                                                                                                               Home Equity Line of Credit
                                                                                                           Members of the Board of Directors and the Supervisory Committee will continue to monitor the credit union’s                                      4.25% adj.
those employees who need to know that                                                                      policies and practices (and change them as needed) to ensure that USFFCU remains financially sound. USFFCU           First & Second Mortgages:
information to provide products or                                                                         is your credit union, and we want it to continue to be your primary financial partner.                               Flexible Terms Available
services to you. The credit union                                                                                                                                                                                              For current rates call (813) 569-2000,
maintains physical, electronic, and                                                                        Remember that USFFCU’s outstanding staff stands ready to help you to improve your financial well-being.              opt. 7 or visit www.usffcu.org.
                                                                                                           Please contact a representative to see how the credit union can help you.
procedural safeguards that comply with                                                                                                                                                                                         Rates Effective 3/1/10 -3/31/10
federal regulations to guard your                                                                          Scott Besley                                                                                                        Rates and terms subject to change without
nonpublic personal information.                                                                            Board Chair                                                                                                         notice. All loans are subject to regular
                                                                                                                                                                                                                               lending policies and credit criteria.

                                                                                                                                                                                                                               *A.P.R. = Annual Percentage Rate

				
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