First Missouri Credit Union Has The Key_ by chenmeixiu


									                                                                                                                                     Summer 2010

                                                                                                              a publication of First Missouri Credit Union

                                                                                                             Your Home’s
                                           As Low
                  in this issue            1.99%
                                                                             ASH                            First Missouri Credit
                  PAGE 2                                             $ 100 C
                  FMCU Mourns A
                                                                             !*                             Union Has The Key!
                  Leader & Friend

                  Secure Your Courtesy     The key to unlocking financial opportunities and greater wealth could be within your own
                  Pay Safety Net           home. Open a Home Equity Line of Credit (HELOC) with First Missouri Credit Union today,
                                           and unlock your home’s potential!
                  Can You Fill Your Tank
                  & Your Wallet?
                                           Just like with a credit card, you will be able to access a revolving balance of cash for any
                                           purpose or purchase. Whether you wish to make home improvements, take that vacation
                  PAGE 3                   you’ve needed, buy a new car or consolidate high-interest debt, your home equity is at your
                                           fingertips. Plus, the interest you pay on your HELOC may even be tax deductible!**
                  FMCU Keeps Your
                  Accounts Safe
                                           At FMCU, we want you to make the most of your home equity. That’s why we keep our
                  Out-Of-State Safety      HELOC terms and rates competitive.

                  Kids’ Club Corner
                                              • As low as 1.99% APR until 2011*
                  Change Is Easy              • Receive $100 cash back*
                  Important Member            • No points, low closing costs and no hidden fees
                                              • A ten-year draw period
                  Holiday Schedule
                                              • Up to 15 years to repay
                                              • Access up to 90% of your home’s available equity
                  PAGE 4
                  Community Corner
                                           If you have a HELOC with another financial
                  Locations & Hours        institution that doesn’t provide you with great
                                           rates or the credit you need, transferring your
                                           balance is a snap. Stop by FMCU today, and
                                           you could be enjoying the benefits of lower
                                           rates, an increase in available credit and
                                           excellent member service in no time!

                                           *APR = Annual Percentage Rate. Offer applies to loans
                                           $15,000 or greater. Introductory rates as low as 1.99% APR
                                           applies for the remainder of 2010, then adjusts to rates as
                                           low as 4.50% APR. Cash back is deposited into member share
                                           account at loan closing. Membership eligibility and applicant
                                           creditworthiness apply. Contact credit union for full details.
                                           **Contact your tax advisor for full details.
     FMCU Mourns A                                         Secure Your Courtesy Pay
     Leader & Friend
           Earl Ogolin
                                                                  Safety Net
                                                  First Missouri Credit Union’s Courtesy        Due to recent changes in federal legisla-
           1920-2010                              Pay program allows us to cover your           tion (Regulation E), we are required to
                                                  unexpected expenses when you don’t            have all members opt in to receive/keep
The credit union is saddened by the
                                                  have enough funds in your account. This       Courtesy Pay on their everyday Visa®
recent passing of a strong leader, proud
                                                  means you are able to pay your bills, pick    debit card and ATM transactions. If
community member and champion of
                                                  up the groceries you need, fill your gas      you do not contact us and return the
credit unions, Earl Ogolin.
                                                  tank or manage unexpected expenses            authorization form by August 15, 2010,
                                                  without facing the embarrasment and           you will be unable to access Courtesy
Earl was a credit union volunteer on
                                                  high cost of bounced-check fees from          Pay through your ATM or debit card.
the local, state and national level for
                                                  merchants. These examples, along with
more than 60 years, even serving as a
                                                  many others, are why we offer this            To keep your current FMCU Courtesy Pay
past chairman and director of the
                                                  financial safety net – and reasons it         coverage, you must opt in. To do so,
Missouri Credit Union Associaton. He
                                                      should remain available to you and        you may complete a form on our
was a driving force behind the original
                                                          your family.                          website, visit any branch or call
Assumption Parish Credit Union, founded
                                                                                                (314) 544-5050.
in 1951 and now doing business as
Southpointe Credit Union. Recently, he
was named to the Missouri Credit
Union Honor Roll for demonstrating
leadership and guidance in maintaining
the credit union philosophy of “people
helping people.”

The credit union extends its condolences
to the Ogolin family as we remember
Earl Ogolin’s hard work, integrity and

                   Gas Rebate Cards Can Leave You Feeling Empty
                                           Though the prices haven’t returned to the       Plus, there is often an annual fee and a
                                           record highs they reached in 2006, the          limit to the rebate amount based on
                                           numbers at the pump might have you              purchases. For those consumers who carry
                                           considering a way around high fill-up           a balance, the fees and high interest rates
                                           costs. But before you sign up for a             quickly burn the rebate amounts until the
                                           gas-rebate credit card, make sure you’re        savings are reduced to fumes.
                                           driving away with a deal.
                                                                                           If you’re looking for a simple way to
                                           Many gas-rebate cards do offer great            reduce your pain at the pump, check out
                                           discounts – sometimes as much as 5% on          great low-interest cards like FMCU’s Visa
                                           your gasoline purchases. At that rate, you      Platinum Credit Card. You’ll enjoy a fixed
                                           can fill up at $3.00 a gallon, pay only         rate below what those rebate cards will
                                           $2.85 a gallon, and save $2.25 for 15           charge, and you won’t have to worry about
                                           gallons of gas. Those small savings can         expensive annual fees. Instead, you’ll
                                           add up to more than $100 annually. But          receive an annual 1% cash-back bonus on
                                           at what cost?                                   every purchase you make! Applying is
                                                                                           quick and easy – just visit our website
                                           Interest rates on rebate cards tend to be       at
                                           higher than those on standard credit cards.
  Whether You’re Home Or Away
                  FMCU Keeps Your Accounts Safe
Just as an umpire watches every play with a                Unlike the watchful umpire, FMCU always
keen eye, First Missouri Credit Union monitors             wants the call to be “safe!” We appreciate your
your debit and credit transactions for any foul            cooperation and patience as we work to ensure
activity. We want to ensure that your money is             the security of all credit union funds. If you                                     Change Is Easy
safe, and that your accounts are protected                 have a question or concern regarding our
                                                                                                                                          By now, you’ve heard of plenty
whether you are at home or on the road. That’s             monitoring policy, please contact the credit
                                                                                                                                          of ways to “go green,” but did
why it’s important to inform FMCU of any large             union at (314) 544-5050., or visit the Contact
                                                                                                                                          you know you can be more
purchases or travel plans in advance. Your                 Us page online at to fill out
                                                                                                                                          environmentally friendly with
credit union wants to cover all of the bases,              an electronic communications form.
                                                                                                                                          your money? The U.S. Mint has
and provide you with uninterrupted, convenient
                                                                                                                                          recently announced significant
access to your finances.
                                                                      Out-Of-State Safety                                                 benefits to using a $1 coin
                                                                                                                                          instead of the usual $1 bills.
If FMCU suspects that your accounts have been                One FMCU member recently praised the                                         Unlike paper money, the coins
compromised – either because of out-of-state                 credit union’s account monitoring policy:                                    last for decades – you don’t
activity or high-dollar transactions – a repre-
                                                                                                                                          have to worry about crumpling
sentative will contact you to confirm the debit                “Thanks so much for activating our debit                                   or tearing them and they’re
or credit transaction is legitimate. If the credit             cards for out-of-state use. Out of all the                                 100% recyclable. Plus, using
union is unable to reach you to verify suspi-                  details for my trip, that one was over-                                    coins instead of bills could
cious activity, the debit or credit transactions               looked. By the way, I like your security                                   save the country billions of
may be declined, and your accounts may be                      system for stopping or preventing                                          dollars in the long run. Think
frozen. In these events, we want to be sure that               misuse. It’s a good protection for FMCU                                    about making a change in your
the purchase or withdrawal is yours, and limit                 members.” – Dave                                                           green the next time you break
any further loss if it is not.
                                                                                                                                          a $20 bill.
                                                             The credit union works hard to protect your
You can be sure that your convenient debit and               accounts, and we are pleased to offer this
credit account access will be available when                 complimentary, account-monitoring system to
you need it by notifying FMCU of any upcoming                all FMCU members. If you would like to share
travel or purchase plans. A representative will              a positive experience you’ve had with the
make a note of the plans, and you will be able               credit union, please visit the Contact Us page
to enjoy your trip or sign for that new purchase             online at and fill out the
without financial hassle.                                    electronic form. We appreciate your feedback!

                                                                                                                                           Important Member
                   First Missouri Credit Union offers two youth clubs                                                                     Share draft and ACH stop-
            encouraging savings and financial education. To join, kids just                                                               payment fees will now be $20.
       have to make a minimum first deposit of $25. Or, if a regular
   account already exists, kids can switch it over to the club that fits their
   needs. Each new youth club account even comes with a welcome gift!            Serves kids ages 12 and under   For kids ages 13 to 18

                                                                                                                                             Holiday Closings
                                                                                                                                              Our offices will be closed
                       OUR MEMBERS GOT IN THE GAME
                       The credit union celebrated National Credit Union Youth Week in April, and                                               in observance of the
                       encouraged all of our young members to get in the savings game. More than                                                 following holidays:
                       sixty young members made a play by making a savings deposit, and FMCU                                                   Independence Day:
                       youth club accounts grew by more than $8,000! We are proud of all our youth                                                Monday, July 5
                       members who learned the value of saving during youth week and beyond.
                                                                                                                                                   Labor Day:
                       GOOD STUDENT BONUSES                                                                                                      Monday, Sept. 6
                       Kids can make straight ‘A’s pay, and earn bucks for their ‘B’s, too! The credit
                       union is now accepting second-semester report cards for our good student                                                  Columbus Day:
                       bonuses. Youth club members should bring their A- or B- average report card
                       to the credit union before Monday, July 26 to receive a bonus deposit. The                                                Monday, Oct. 11
                       bonuses will be reflected on the third-quarter statement.
                                                                                                                                                         PRSRT STD
                                                                                                                                                        U.S. POSTAGE
                                                                                                                                                        ST. LOUIS, MO
                                                                                                                                                       PERMIT NO. 175

                                                          COMMUNITY CORNER
                                   First Missouri Credit Union is proud to support our community.

               FMCU Helps Fundraiser                                Roller Coasters                                         Summer Shred Days
           Teens New Testimony, a youth group from                   For A Cause                                      Members who would like to safely
           Living Word Ministries made good use           Discounted Six Flags tickets are still                      dispose of personal, confidential papers
           of the credit union parking lot recently,      available through the credit union!                         should make note of the following dates:
           hosting a car wash and barbeque. The           General admission, one-day tickets are
           funds raised were used to send area            $26, and season passes are $62. If                              Monday, July 19 – Saturday, July 24
           youth to a recreational summer camp.           you’re considering a day at the theme                           Monday, Aug. 30 – Saturday, Sept. 4
           Thank you to the staff and members who         park, stop by the credit union to purchase                      Tuesday, Oct. 12 – Saturday, Oct. 16
           enjoyed a good scrub and a sandwich for        your discounted tickets. You’ll have fun
           a great cause!                                 and help a great charity – proceeds from                    Shredding services are free to all FMCU
                                                          all sales will be donated to Children’s                     members (limit 25 pounds.) Please note
                                                          Miracle Network.                                            that Saturday shredding is available at the
                                                                                                                      Butler Hill branch only.

                                          (314) 544-5050            Main Office                               Branch Office                            Credit Union
                                                                    1690 Lemay Ferry Road                     4102 First Missouri CU Drive             Shared Branch
                                          24-Hour Member            St. Louis, MO 63125                       St. Louis, MO 63129                      locations:
                                          Service Hotline           Fax: (314) 544-1088                       Fax: (314) 487-9198
                                          (314) 579-0070                                                                                               To locate a Shared
                                          (ID number 72#)           Lobby Hours:                              Lobby Hours:                             Branch near you, log
                                                                    Mon.-Thurs. ........9 a.m. - 5 p.m.       Mon.-Thurs. ........9 a.m. - 5 p.m.      onto
                                          Virtual Branch 24/7       Friday..................9 a.m. - 6 p.m.   Friday ............9 a.m. - 5:30 p.m.    and click on Locations
                                          Internet Account Access                                             Saturday ................9 a.m. - noon   & Hours
                                                                    Drive Thru Hours:
                                                                    Mon.-Thurs. ..9 a.m. - 5:30 p.m.          Drive Thru Hours:
                                                                    Friday..................9 a.m. - 6 p.m.   Mon.-Fri. ........9 a.m. - 5:30 p.m.
JUN10-344 TP

                                                                                                              Saturday ................9 a.m. - noon

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