“Experience The Difference”
SPRING 2007 The Newsletter Of The Tobyhanna Army Depot Federal Credit Union
Have You Heard the News?
The Credit Union recently introduced two brand new
certificate products, the “Blended Rate” Certificate and Certificate
the “Add-To-Me” Certificate.
With a Blended Rate Certificate, you receive the best rate possible based
on the amount of monies saved. You may currently have new money
(money not currently on deposit at TADFCU) and some old money (money
currently on deposit at TADFCU). In order to give you the best rate and to
reward you for bringing over money from another institution, we will APY** Old Money
blend a personalized rate based on the amount of money used to open this $5000.00 - Minimum Deposit
special 13-month certificate.
Final rate will be determined based on
amount of old and new monies used to
With the Add-To-Me Certificate, just look at open the Certificate.
how much you can save in 14 months:
• Starting Balance: $300.00 ADD-TO-ME
• Deposit $25.00 Bi-Weekly for 14 months: $775.00
(based on when you want to start making deposits) Certificate
• Balance by saving money over 14 months: $1,075.00 14-month term
$300.00 – Minimum balance
• TADFCU will be paying dividends along the way:
roughly $38.00 in dividends 4.650% APR*
4.77% APY** (1)
Add it all up, and at the end of 14 months, the balance in your (1) If using auto transfer with a mini-
mum of $50 per month. Calculated
Certificate would be about $1,113.00. This scenario assumes you never miss
daily, compounded monthly. Without
a deposit into your CD and never take a withdrawal during that time peri- auto transfer, 1.98% APR* – 2.00% APY**
od. (This is only a representation of how you can easily build your savings.
Your certificate may grow differently.)
*Annual Percentage Rate. **Annual Percentage Yield. Substantial Penalty for Early Withdrawal. Rates Subject to Change at Any Time Without
Notice. Always Contact Local Branch for the Most Recent Rate and Term Information.
Loan-A-Thon Returns for Its Fourth Year!
The 4th Annual Loan-A-Thon will tentatively take place on August 11, 2007 (subject to
change) at the Scranton/Wilkes-Barre Yankee’s Stadium on Montage Mountain. Last year’s
event was very successful and exciting and we hope all of you can make this year’s event just as
memorable. Exclusive member-only rates will be honored on all loan products and special credit
union pricing will be made available through all participating dealerships. Look for more informa-
tion in your local branches as we get closer to the event.
If you have any questions or comments please contact Nina Waskevich, Marketing Manager, at 570-558-0494 or
email her at NWaskevich@tobyhannafcu.org.
Stash Your Cash at Another Great Offer from
the Credit Union! McCormack Mortgage
Are you looking to buy or sell your home in the new future?
Having a hard time finding a company you can trust and benefit
from in the long run? Well, look no further for we have the perfect
answer – McCormack Mortgage Services. The Credit Union is affili-
ated with McCormack and the offer just got even better. Now,
when you use McCormack Mortgage Services to buy or sell your
home, an “Add to Me” Certificate will be opened in your name. In
addition, if you use one of McCormack’s Preferred Partners (local
real estate agents and other real estate professionals), you will have
additional funds deposited into the certificate based on the overall
Credit Union Youth Week is upon us! value of the purchase or sale. Either way, it is a win-win situation!
Join us from April 22-28 for programs Contact your local branch today for more information.
and giveaways as we celebrate our most McCormack Mortgage Services
valuable resource: our youth! We will be 933 Northern Blvd.
holding a drawing to give away a new Clarks Summit, PA 18411
Nintendo Wii for any new account 570-586-3634
opened by a youth member. Also, for www.mccormackmortgage.com
any deposit made by a youth member
during the week, the youth member will
be entered for a chance to win $100.00.
It's important to help young people Star Employee
learn to plan and achieve financial secu-
rity – from learning how to spend money Rises Up the
wisely to thinking about saving for the
future. Helping to raise awareness of Ladder
financial issues for young people is a key Jessica Hicks, Tobyhanna Army
goal for us all! Depot Federal Credit Union (TAFCU), was recently promoted to
The staff and members of the Credit branch manger of the Tobyhanna branch location. Jessica began her
Union can help to financially guide career with TADFCU in 1999 as a Teller at the Tobyhanna branch.
young people. We believe in the power
In 2000, she was promoted to a New Accounts Representative and
of education. Our tradition of service
in 2001 joined the staff of the Lending Department. Jessica held the
and philosophy of self-help make the
position of Loan Officer until her promotion to Branch Manager on
Credit Union a natural source of leader-
ship on the path to financial literacy. We January 28, 2007
can help children better understand the
credit union difference – better rates,
Support a Day on the Green
attention to As a reminder, the Tobyhanna Army Depot FCU Youth
make sure all Committee will be holding its 4th Annual Golf Tournament on
members Monday, June 11th, 2007. The tournament will take place at Blue
know how Ridge Trail Golf Club located conveniently off I-81 in Mountaintop.
to manage The golf tournament will be held with a 4-flight captain and crew
Please consider supporting our event by participating and/or
becoming a sponsor. All proceeds will benefit the Make-A-Wish
Foundation. All reservations have to be made by June 1, 2007. You
can find more information on our website at
www.tobyhannafcu.org/golf or by contacting Marc Michalowski,
Network & E-Communications Manager, at 570-346-6055 ext. 184.
We look forward to hearing from you!
Money Management A New Benefit of
Tips for Graduates Tobyhanna Federal Credit
Congratulations, you’re graduating!
You’ll have your diploma in one hand and
cash from relatives in the other. Now
what? Here are some tips from your
credit union to help you get on your
feet financially for the next stage of Tobyhanna FCU is dedicated to help-
your life. ing you realize your financial goals -
reducing your debt, saving for higher
Manage Your Loans with Care!
education, buying your first home, or
When faced with post-graduation
costs of living, job hunting, etc., it planning for retirement. Because we
can be tempting to put student strive to assist our members achieve
loans into forbearance. Use this tool with caution. If you must their dreams, we are excited to announce
use it, try to continue your payments on interest to prevent your your newest benefit of membership:
loan amount from compounding. And remember, your loan BALANCE Financial Fitness Program.
administrator can work with you! Don’t be afraid to call to adjust Through BALANCE, you have access
your payment if necessary. to free, unbiased money management
Open a Savings Account with TADFCU. Credit Unions general- information and assistance, all through a
ly offer higher savings interest rates than banks. Also, depositing toll-free phone call.
your money into a TADFCU Share Certificate (CD) yields higher BALANCE counselors can answer
results. Whichever savings option you choose, start saving and many of your questions immediately -
earn interest now. from how long an item stays on your
Utilize Your TADFCU ’s Checking Account. Take advantage of credit report to whether it's better to
free checking to pay your bills. Plus, we offer ATM and VISA® lease or buy a car. For more complex
Check Cards so you can make purchases without having to carry issues, such as debt elimination or budg-
around large amounts of cash. Sign up for Direct Deposit as well, et development, an appointment will be
and you’ll never have to wait in line to make a deposit again! scheduled, giving you the personal
attention you need to meet your objec-
Apply for a TADFCU Credit Card. Establishing credit is pretty
important in your next stage of life, but we’re not encouraging tives.
you to run up a balance. TADFCU offers Student Credit Cards If bills have gotten out of hand, your
with low credit limits and low interest rates so you can make counselor may be able to arrange a Debt
purchases without running up a huge bill. TADFCU offers a Management Plan. BALANCE negotiates
Classic VISA® Credit Card with no annual fee and a low interest with creditors to reduce interest and fees
rate. Either way, applying for a TADFCU credit card is a win-win so you can pay your debt quickly and
situation. efficiently. As a member of Tobyhanna
Set-Up Online Account Access and Online Bill Payment. No Army Depot Federal Credit Union, the
matter what your stage in life, Online Bill Payment is the way to program's monthly administration fee of
go! You can set up recurring transfers so that your bills get paid $20 is waived.
automatically on time, every time. Plus, with Online Account To use the new program, simply call
Access, your parents can transfer money into your account with- 888-456-2227. Counselors are available
out having to make physical withdrawals and deposits. Online Monday through Thursday, 8:00 a.m. to
Banking helps make your post-school life easier. 11:00 p.m. (EST), Friday, 8:00 a.m. to
We’re here to assist you in keeping up and to help you stay on 8:00 p.m. and Saturday, 11:00 a.m. to 8:00
your feet after graduation. For more information or to apply for one p.m. Or visit www.balancepro.net for
of these accounts, contact us right away. We’ll be happy to help! more information.
We recognize that money concerns
have a serious effect on our quality of
Wilkes-Barre Branch Update life. Now, through our newest partner-
April 15th is the proposed date to start construction on the new ship, you have access to the very best
Tobyhanna Army Depot FCU located in Wilkes-Barre Township on professional guidance - so you can
Schechter Drive. This should be a five month project with an opening achieve financial security faster than you
date sometime in late summer to early fall. ever thought possible.
Did You Know?
Our credit union has a Financial Investment Services program
which is available to all of our members. This service offers a
variety of investment and insurance options which complement
our current deposit product line. Some of these options are made
available through ING Financial Partners and include mutual
funds, variable and fixed annuities, Real Estate Investment
Trusts, Traditional and Roth IRAs, College Funding Programs
(529 Plans), Permanent and Term Life Insurance, Long Term Care
Insurance and Disability Income Protection.
Mr. John Klimek, CPA, is our ING Financial Partners Inc. reg-
istered representative* for this program and is available at all of
our branch locations on a scheduled basis each week. He is avail-
able to answer any questions you may have regarding these serv-
ices and to explain any of the products that we now have avail-
Stop by to see John or make an appointment by contacting
How Will You Use
any of our staff or calling (570) 346-5644 x180.
*Registered representative of and securities offered through ING Financial Partners, Inc., 300
Your Home’s Equity?
Mulberry Street, Scranton PA 18503. Tobyhanna Army Depot FCU is not a subsidiary of nor Are those holiday bills starting to catch
controlled by ING Financial Partners, Inc. up to you? Looking to install a new pool in
Not FDIC insured-No Bank Guarantee-Not a Deposit-May Lose Value-Not insured by any fed- time for the summer? Sending one of your
eral government agency.
kids off to summer camp or college?
Achieve your dreams today! Release the
equity in your home by applying for a
Important Home Equity Loan through the Credit
Changes for The Credit Union offers great low rates
and low fees on Home Equity Loans. We
your ATM and have terms that will suit your needs, and
the application process is quick and easy!
VISA® Debit You can apply online or in person. Either
way, we’ll quickly have an answer to you.
Cards Use your home’s equity to your advantage.
Stop in to the Credit Union today to
apply. Your dreams can come true in no
The Credit Union continues to strive towards give its mem- time!
bers the best, most up-to-date information about their accounts.
Starting in March 2007, TADFCU will be going live with ATM
and VISA® Debit Cards. This means there will no longer be any
float time for transactions and they will post to your account in Holiday Closings
real time. This also means the second your direct deposit comes
into your account and clears, you will be able to withdraw those Memorial Day
funds or use your VISA® Debit card to access them. You will no Monday, May 28
longer have to “wait until we update the system.” “The system”
will be live and in real time. This is just another way the Credit Independence Day
Union strives to bring its members up-to-date account informa- Wednesday, July 4
tion in real time.
Administrative Offices: 300 Mulberry Street, Suite 201, Scranton, PA 18503-1225
Phone: (570) 346-6055 I Fax: (570) 346-6563 I Toll Free: 1 (866) TOBY-FCU (8629-328)
Tobyhanna Branch: 11 Hap Arnold Boulevard, Tobyhanna, PA 18466-5049 Phone: (570) 894-8325 Fax: (570) 894-4096 I Toll Free: 1 (800) 253-8666
East Stroudsburg Branch: 4 Progress Street, East Stroudsburg, PA 18301-9066 I Phone: (570) 421-4261 I Fax: (570) 424-5860
Scranton Branch: 300 Mulberry Street, Scranton, PA 18503-1225 I Phone: (570) 346-5644 I Fax: (570) 346-6523