(continued on page 5) 1 WINTER 2011 | www.esfcu.org Make No Payment until April 2011! Every year we make a list of the goals that we want to accomplish in the New Year! Whether it is to purchase a new house, begin a workout regimen, or buy a new car! This January, we have an extra incentive for you to achieve your goals! If you are in the market for a new or used auto, your timing couldn’t be better! From January 15th until February 28th, finance your new or used car with us and your first payment will not be due until April 2011*! Already driving a new car, but financed it with the dealership or another institution? Refinancing a loan from another institution with us may lower your payments. This great offer, in conjunction with new auto rates as low as 2.49% APR** and used auto rates as low as 2.79% APR*** will help you to save big! Once you do the comparison shopping, you’ll find that this offer is the best around! Be sure to ask about our affordable GAP Protection, Route 66 Auto Warranty and Credit Life Insurance products. All are available and can be financed into your monthly payment. So this year, let us help you clear your New Year’s checklist! Allow us to be your one-stop-shop for great auto savings! * Members who purchase a new or used auto, or refinance their auto loan from another institution, from January 15th thru February 28th are eligible for deferred payments until April 2011. Interest will continue to accrue during the deferred period. This promotion cannot be combined with any other offer. **2.49% Annual Percentage Rate (APR) is a fixed-rate on new auto loans financed for a maximum term of 36 months. 100% financing is not to exceed Manufacturer’s Suggested Retail Price (MSRP). Other loan rates and terms are available on new autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice. ***2.74% Annual Percentage Rate (APR) is a fixed-rate on used autos financed up to 125% of the NADA trade value for a maximum of 36 months. Other loan rates and terms are available on used autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice. New Year ’ s Checklist PURCHASE YOUR NEXT AUTO WITH OUR LOW RATES! Celebrating 55 Years of Serving the Education Community November 11, 2010 marked our 55th year of serving the financial needs of the education community in Maryland. With a mission to help our members achieve their financial goals and dreams, we stand by these words each day we provide service to you. The last several years have proven to be difficult economic times for many. Even in those times, we try to help you navigate the unexpected financial situations tossed your way due to this economy. You have trusted us to be a safe haven for your deposits, and a life jacket with loans, providing you with choices to help improve many of life’s sudden situations. The best news is that the more you trust us to be your primary financial institution, the more we grow, the more we grow the more members we are able to help. Your Credit Union has been around for a long time and our mission remains unchanged. (continued on page 5) Things to Do l Research the best auto rates. l Refinance my existing car loan. l Buy a new/used car.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Did you know that every time you swipe your Educational Systems FCU Visa® Debit Card and select to use it as a CREDIT transaction, you help us SUPPORT EDUCATION? That’s right, when you use the credit side of your debit card; we earn revenue that helps us provide numerous services and benefits to the education communities in the counties we serve. Here are just a few examples that are a direct result of your active use of the products and services offered here at your Credit Union:• EducationalSystemsFCUconductedover
500 financial seminars for nearly 12,000
students in 2010. Our financial literacy programs are used by a number of schools in our counties to help students learn to become fiscally responsible adults.
• Everyyearweprovide$15,000inscholarships to member students who attend high schools in the counties we serve.
• Wealsousefundstosponsorthe“Readand Hit a Home Run” program with theBowieBaysoxandthe“PinchOntoBooks” program with the Southern Maryland Blue Crabs. Both of these ball clubs have given us an opportunity to help our students learn to love reading.
Plus, when you just say CREDIT…every time you use your debit card, you get charge-back rights, zero liability if fraud is ever committed on your card and you also enjoy the convenience of signing for your purchases—you don’t have to remember a PIN!
Helping the members of the education community has been the heart of Educational Systems FCU since our chartering in 1955 as a not-for-profit financial cooperative. The more you use the products and services of your Credit Union and the stronger we grow; the more services we can offer you, the more competitive our rates can be and the more benefits we will be able to bring to the education community. It’s a win-win.
Just Say “Credit” and
Corporate Office Mailing AddressP. O. Box 179, Greenbelt, MD 20768-0179 800.356.6660 | 301.779.8500 Fax: 301.985.4661 | www.esfcu.org
Branch Locations
Bowie Branch Duvall Village Shopping Center 4801 Glenn Dale Road, Bowie, MD
Upper Marlboro Branch WashingtonPlaza8903 Presidential Parkway, Suite100, Upper Marlboro, MD
Waldorf Branch Smallwood Village Shopping Center 169ASmallwoodVillageCenter,Waldorf,MD
Greenbelt Branch Maryland Trade Center I7500 Greenway Center Drive, Suite 140, Greenbelt, MD
California Member Service Center* San Souci Plaza 22599-122 MacArthur Blvd., California, MD
Prince Frederick Member Service Center* Manning Building 90KingGeorgeWay,PrinceFrederick,MD
*No Teller Services
All Card Services The phone number is 800.356.6660.You will be prompted to press 4 to report a lost or stolen Visa Credit or Debit Card.
Executive Officers Chris ConwayPresident/CEO
Wayne Beall Vice President/CIO
Laura Eacho Vice President, Lending and Collections
Nahid Moghadam Vice President, Member Services
Victoria U. Samuels Vice President, Marketing
Girado Smith Senior Vice President/CFO
Board of Directors Rosemary BrinkleyChairman
Eva ChesleyVice Chairman
Maurice ErlyTreasurer
Dr. Jerome ClarkSecretary
John NevilleDirector
George DennyDirector
Alonia SharpsDirector
Supervisory Committee MembersW. Cecil ShortChairman
Alonia SharpsSecretary
Michele WinstonMember
Martin Luther King Day Monday, January 17
President’s Day Monday, February 21
Memorial Day Monday, May 30
Independence Day Monday, July 4
Labor Day Monday, September 5
Columbus Day Monday, October 10
Veteran’s Day Friday, November 11
Thanksgiving Thursday, November 24
Christmas (observed) Monday, December 26
Your savings are insured up to $500,000. Your savings
are federally insured up to at least $250,000 by the
National Credit Union Administration (NCUA), and
backed by the full faith and credit of the United States
Government. An additional $250,000 of coverage
is provided by Excess Share Insurance (ESI), a private
corporation. Traditional and Roth IRAs are insured
up to $250,000 by NCUA and up to an additional
$250,000 through ESI, all at no cost to you.
Who’s Who
2011 Holiday Schedule
Locations
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
P.O. Box 179 Greenbelt, MD 20768-0179
Prst First ClassU.S. Postage
PAIDSouthern MD
Permit No. 305
Hours for Branches and Member Service Centers
Lobby Hours Monday—Thursday 9:00 a.m.—5:00 p.m. Friday 9:00 a.m.—6:00 p.m. Saturday 9:00 a.m.—1:00 p.m.
Drive-Thru—Bowie Branch Monday—Friday 8:00 a.m.—7:00 p.m. Saturday 9:00 a.m.—1:00 p.m.
ATM Locations 24-Hour ATM Access at the above Branches and Member Service Centers For added convenience, an ATM is also located at the Charles County Board of Education 5980 Radio Station Road, La Plata, MD Hours: Monday—Friday, 8:00 a.m.—4:00 p.m.
(continued on page 5)
Celebrating 55 Years (continued from page 1)
Attention students in Prince Georges, Charles, Calvert and St. Mary’s counties, the annual “Read and Hit a Home Run” with the Bowie Baysox and “Pinch onto Books” with the Blue Crabs reading programs have begun! Students have the opportunity to take advantage of two different reading programs. Both programs encourage students to read a certain number of books outside of their regular curriculum, and once the students have completed the reading, they will be awarded with a free ticket to a baseball game in the spring. To help students keep track of their reading, they can pick up a “Read and Hit a Home Run” or “Pinch onto Books” bookmark from their school’s reading specialist or teacher.
Help your Credit Union support education by taking advantage of both reading programs today!
Are You Taking Full Advantage of Your IRA Opportunities?Individual Retirement Accounts (IRAs) are one of the most powerful and flexible tools to accumulate funds for retirement. Opening an IRA is one of the most important steps to take in securing your financial future! Educational Systems FCU can help you take care of saving for tomorrow through our Traditional, Roth and Education IRA options.
Weofferextremelycompetitiverates.Additionally, in today’s economic environment, it’s even more important that your retirement investments are safe and secure. Your Credit Union insures Traditional and Roth IRAs up toatleast$500,000.*
As you think about your 2011 IRA contributions, consider your Credit Union as a safe haven for new deposits and rollovers. For more information, contact us today!
* We offer insurance on your deposit accounts up to $500,000. The National Credit Union Administration (NCUA) federally insures up to at least $250,000 per member. This insurance is backed by the full faith and credit of the United States Government. An additional $250,000 of coverage is provided by Excess Share Insurance (ESI), a private corporation. Traditional and Roth IRAs are insured up to $250,000 by NCUA and up to an additional $250,000 through ESI, all at no cost to you.
Let the Reading Begin!
The Bowie Baysox 2011 Reading Night Games are:
April 30 @ 6:00 p.m.May 1 @ 2:00 p.m.May 20 @ 7:00 p.m.May 21 @ 6:00 p.m.
The Blue Crabs 2011 Reading Night Games are:
May 6 @ 6:00 p.m.May 7 @ 6:00 p.m.May 27@ 6:00 p.m.
5 1
WINTER 2011 | www.esfcu.org
AnExchangeAnExchangeAnExchangeAnExchangeAnExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeAnExchangeAnExchangeAnExchangeAnExchangeAnExchangeAnAnExchangeAnAnAnExchangeAnExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeExchangeAnExchangeExchangeWinter 2011 | www.esfcu.org
Winter 2011 | www.esfcu.org
Make No Payment until April 2011!
Every year we make a list of the goals that we want to accomplish in the New Year!Whetheritistopurchaseanewhouse,beginaworkoutregimen,orbuyanew car! This January, we have an extra incentive for you to achieve your goals!
If you are in the market for a new or used auto, your timing couldn’t be better! From January 15th until February 28th, finance your new or used car with us and your first payment will not be due until April 2011*! Already driving a new car, but financed it with the dealership or another institution? Refinancing a loan from another institution with us may lower your payments.
This great offer, in conjunction with new auto rates as low as 2.49% APR**and used auto rates as low as 2.79% APR***willhelpyoutosavebig!Onceyou do the comparison shopping, you’ll find that this offer is the best around! Be suretoaskaboutouraffordableGAPProtection,Route66AutoWarrantyandCredit Life Insurance products. All are available and can be financed into your monthly payment.
So this year, let us help you clear your New Year’s checklist! Allow us to be your one-stop-shop for great auto savings!
* Members who purchase a new or used auto, or refinance their auto loan from another institution, from January 15th thru February 28th are eligible for deferred payments until April 2011. Interest will continue to accrue during the deferred period. This promotion cannot be combined with any other offer.
**2.49% Annual Percentage Rate (APR) is a fixed-rate on new auto loans financed for a maximum term of 36 months. 100% financing is not to exceed Manufacturer’s Suggested Retail Price (MSRP). Other loan rates and terms are available on new autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
***2.74% Annual Percentage Rate (APR) is a fixed-rate on used autos financed up to 125% of the NADA trade value for a maximum of 36 months. Other loan rates and terms are available on used autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
New Year’s Checklistpurchase your next auto with our low rates!
Payment until Payment until Payment April until April until 2011! April 2011! April
For us, it’s all about helping you achieve your financial goals and dreams. Our dedication to educating our children about managing their finances is important and we will continue to maintain a presence in local schools. Providing you with quality, relevant financial products and friendly service is at the top of our priority list, and we will continue to make wise decisions regarding the funds we all save together and borrow from.
Please share the benefits of membership with an immediate family member or coworker. For additional information regarding membership eligibility guidelines, please visit www.esfcu.org.Weappreciate your patronage and would like to begin the New Year by saying… ”It’s a pleasure helping you!”
On behalf of the Board of Directors, management and staff, we wish you a very happy, prosperous and healthy New Year.
Celebrating 55 Years of Serving the Education Community
November 11, 2010 marked our 55th year of serving the financial needs of the education community in Maryland. Withamissiontohelpourmembersachieve their financial goals and dreams, we stand by these words each day we provide service to you.
The last several years have proven to be difficult economic times for many. Even in those times, we try to help you navigate the unexpected financial situations tossed your way due to this economy. You have trusted us to be a safe haven for your deposits, and a life jacket with loans, providing you with choices to help improve many of life’s sudden situations. The best news is that the more you trust us to be your primary financial institution, the more we grow, the more we grow the more members we are able to help.
Your Credit Union has been around for a long time and our mission remains unchanged. (continued on page 5)
Things to Dol Research the best auto rates.
l Refinance my existing car loan.
l Buy a new/used car.
Saving for the Holidays Just Got Easier! As enjoyable as the holidays are, you may be relieved that all the decorating, baking and shopping is over, not to return until next year! If you spent more than you planned and charged what you couldn’t actually afford, you will likely be paying for those purchases throughout the New Year. Educational Systems FCU wants to help you make next season trouble and debt-free!
Before the fruitcake becomes too stale to even consider eating, think now about putting cash aside for next year’s holiday season. By beginning today, you’ll save yourself the stress of trying to come up with gift money at the last minute, or purchasing everything with your credit cards.
Our Sub-Savings Account makes saving throughout the year easy. It’s simple! You determine the amount you want to save each month and we’ll automatically transfer money from your checking account to a special savings account earmarked for the holidays. In November, the balance of the account will be available to you—just in time for your holiday shopping!
To know how much you will need to set aside each month, first calculate how much you expect to spend on all holiday expenses next year (that includes cards, wrapping, decorations, food and entertaining, as well as travel). Divide by the number of months left in the year: that’s the amount that will be automatically transferred.
To set up your Sub-Savings Account, please visit your nearest branch location, our website, or give us a call at 800.356.6660.
As members of Educational Systems FCU, you have the opportunity to elect members of our Board of Directors. Two incumbents are eligible for re-election this year to serve on the Board.
The following directors, Dr. Jerome Clark and Mr. George Denny, have indicated to the Nominating Committee their desire and ability to continue for another term of three-years on the Board of Directors. After careful consideration, the Nominating Committee has nominated these individuals to the Board of Directors. Each candidate has agreed to serve if approved by the general membership.
Members may petition, the board’s secretary, if they wish to include additional names for nomination. Valid petitions must be signed by 1% of the members (374 members) to the attention of: Board of Director Secretary, c/o Karen Jung, P.O. Box 179, Greenbelt, MD 20768-0179. Included with the petition must be a statement of qualifications, biographical data and a signed certificate by the nominee stating that he/she is agreeable to the nomination and will serve if elected. All petitions must be received no later than February 11, 2011. If no candidates qualify through the petition process, there will be no election by ballot. Nominations will not be accepted during the Annual Meeting. The Annual Meeting will be held on Thursday, April 21, 2011, beginning at 6:00 p.m. at the Greenbelt Marriott, located at 6400 Ivy Lane, Greenbelt, MD.
2011 BOARD OF DIRECTORS NOMINEES
TIP #1: Believe it or not, a simple tube of silicone caulk may be your best investment this heating season. Polyurethane caulking is a good all-around choice for sealing your home from drafts and leaks. Inspect places to be caulked outside your home like gutters and downspout seams, plumbing and furnace vent pipes, flashing seams between roof and siding, and around door and window frames.
TIP #2: Weather stripping exterior doors and windows is an inexpensive heat-saver. To detect heat loss, just hold your hand at the edge of a window or door frame on a windy day. If you feel a draft, weather-strip the area. You could see substantial savings on your electric and heating bills.
TIP #3: It is good practice to have your roof inspected every 3-5 years for any punctures, cracks or breaks. A well-maintained roof can also lower your energy bills and help to prevent costly water damage.
TIP #4: Another thing to watch out for during the winter months is frozen pipes. If you ever have a frozen pipe situation, it can be big trouble and expensive to correct. One of the simplest methods to help prevent water pipes from freezing is to wrap them with heating tape. The heating element warms the pipes and prevents freezing.
TIP #5: Be sure your storm windows and doors are in place and in good condition. Even if your window frames and doors are caulked and weather stripped properly, heat may still escape.
Properly installed storm windows and doors can cut your home’s heat loss by 50 percent.
TIP #6: Check exterior doors for wear and tear. Look for signs of leaking around the sill and threshold. Make sure weather stripping and seals are okay. Inspect your home for torn or water spotted insulation. Carefully examine your exterior siding and replace any missing or damaged fasteners or screws.
TIP #7: Always remember to clean out and inspect rain gutters for leaks or holes. They should be slanted so water drains away from your home. If you find that your gutters are full and need to be cleaned, do so immediately. Not cleaning them could result in further unnecessary damage to your home.
Ou
r C
om
mu
nit
y C
orn
er
WithMobileBankingyoucan:•Viewyouraccountbalances
and transactions •Transferfunds•Changeyoure-mailaddress•Changeyourpassword
Login with these easy steps: (Available only through mobile devices with Internet browsers)
•Gotohttps://onlinebanking.esfcu.org/mobile •LoginwithyourUserID(AccountNumber)•Answerthechallengequestion•Putinyourpassword(samepasswordusedwhenloggingintoOnlineBanking)
You will have successfully logged into mobile banking. If you have questions regarding mobile banking, please contact a member service representative at 800.356.6660.
Is it Time to Consolidate Your High-Rate Debt?Did you overindulge during these holidays? Has your financial situation brought you to a dead-end? Are you feeling trapped with high interest credit cards and even higher monthly payments? If you answered yes to any of these questions, now may be the time to consolidate your high-rate debt into one monthly payment with a signature loan.
A signature loan can save you time and lots of money! With rates as low as 10.49% APR*, you can significantly reduce your current finance charges and monthly payments.
Go in the right direction and save with an Educational Systems FCU signature loan. To apply, visit one of your local branch locations, our website or give us a call at 800.356.6660.
*10.49% Annual Percentage Rate (APR) is a fixed-rate with approximate terms up to 36 months. Other loan rates and terms are available. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
Graduating Seniors: Scholarship Money Is Available!
2011 Dorothy Marvil Memorial Scholarship
Now is the time to apply for the 2011 Dorothy Marvil Memorial Scholarship. Five scholarships will be awarded to graduating high school seniors. To learn more about the scholarship and its criteria, please visit www.esfcu.org and click on the scholarship link. This is a one time scholarship that can be used to pay for college expenses, from tuition to books. All essays must be submitted via email no later than April 11, 2011, to [email protected]. For additional information, please contact Lydia Gray at [email protected].
2011 Credit Union Foundation Scholarship
If you are a member of a Maryland or District of Columbia based credit union that is currently entering their freshman year through senior year of college, you are eligible to apply to win a 2011 College Scholarship from the Credit Union Foundation of MD & DC. Ten $1,000 scholarships
will be awarded to winning applicants in May 2011.
Members must write an essay on the following topic: “How can your Credit Union best reach out to members ages 18 to 25?” Applications for the scholarship program can be found at: www.cufound.org/scholarship. Deadline for essay/application submission is March 31, 2011.
Anticipation mounts as Educational Systems FCU gears up to be one of the proud sponsors of the Annual Credit Union Cherry Blossom Ten Mile Run & 5K Run/Walk. This race attracts participants from all over the world and takes place in the heart of the Nation’s Capital on Sunday, April 3, 2011.
Proceeds from the run will benefit the Children’s Miracle Network (CMN), an International non-profit organization dedicated to helping children by raising funds and awareness for Children’s Hospitals throughout North America.
Charles Carroll Middle School
HISPANIC AWARENESS CELEBRATION
October 13, 2010
Parents and students anxiously awaiting address from Brenda Rosario, Bilingual School Financial Education Coordinator, Educational Systems FCU.
Brenda Rosario, Bilingual School Financial Education Coordinator, spoke with students and parent’s at Charles Carroll Middle Schools Hispanic Awareness Celebration about her career with the Credit Union and the importance of saving and the benefits of opening up a savings account with the Credit Union.
Prince George’s Community College
THE GAZETTE MY FAVORITE TEACHER WINNER’S RECEPTION
December 6, 2010
Left to Right: Lindsay McKenzie, Grade 10, Bishop McNamara High School; Angelina Diehlmann, My Favorite Teacher High School Winner, Bishop McNamara High School; Doug Hayes, Advertising Manager, The Gazette Newspapers and Victoria Samuels, VP Marketing, Educational Systems FCU.
A New Statement Look and Enhanced Audio Response Teller System (ART)
Wearealwayslookingforwaysto enhance our level of service for you. Next month, your Credit Union statement will have a different look to it. Product and service announcements will now be printed right on your statement. This new process will save paper and allow us to provide you with important information in a timely manner. You may also notice a change in our Audio Response Teller (ART) system sometime in themiddleofMarch2011.Wewillkeep you informed about these new enhancements as we get closer to their implementation dates.
7 Helpful Tips to Help You Winterize Your HomeIs your home ready for the rigors of the upcoming winter? If it’s not, play it safe by preparing ahead for winter weather. Be sure to winterize your home by following these 7 helpful tips:
2011 Credit Union Cherry Blossom Run/Walk
2011 Board of Director Nominations
Dr. Jerome Clark, Secretary
Dr. Clark has been an educator for over 30 years before retiring from the Prince George’s County
Public School system where he served in the capacities of teacher, administrator and superintendent of schools. During his time as superintendent, he was named Maryland State Superintendent of the Year in 1998. He’s served on the Board of Directors for over 27 years.
George Denny, Director
Mr. Denny has over 35 years of experience as a teacher, counselor and administrator with
Prince George’s County Public Schools. In addition, he’s served as a Council Member and the Mayor of Brentwood, Maryland. He’s served four years on the Supervisory Committee, and the last three years on the Board of Directors.
By following these helpful tips you can possibly eliminate expensive repairs, making your home safer and more energy efficient when cold weather sets in. It takes a little planning and effort to winterize your home, but once done, it will be worth the time and savings.
Introducing Mobile BankingFAST. EASY. CONVENIENT.
2 3 4
Winter 2011 | www.esfcu.orgAnExchangeAnExchangeAnAnExchangeAnExchangeAnExchangeExchangeExchangeAnExchangeExchange
Saving for the Holidays Just Got Easier! As enjoyable as the holidays are, you may be relieved that all the decorating, baking and shopping is over, not to return until next year! If you spent more than you planned and charged what you couldn’t actually afford, you will likely be paying for those purchases throughout the New Year. Educational Systems FCU wants to help you make next season trouble and debt-free!
Before the fruitcake becomes too stale to even consider eating, think now about putting cash aside for next year’s holiday season. By beginning today, you’ll save yourself the stress of trying to come up with gift money at the last minute, or purchasing everything with your credit cards.
Our Sub-Savings Account makes saving throughout the year easy. It’s simple! You determine the amount you want to save each month and we’ll automatically transfer money from your checking account to a special savings account earmarked for the holidays. In November, the balance of the account will be available to you—just in time for your holiday shopping!
To know how much you will need to set aside each month, first calculate how much you expect to spend on all holiday expenses next year (that includes cards, wrapping, decorations, food and entertaining, as well as travel). Divide by the number of months left in the year: that’s the amount that will be automatically transferred.
To set up your Sub-Savings Account, please visit your nearest branch location, our website, or give us a call at 800.356.6660.
As members of Educational Systems FCU, you have the opportunity to elect members of our Board of Directors. Two incumbents are eligible for re-election this year to serve on the Board.
The following directors, Dr. Jerome Clark and Mr. George Denny, have indicated to the Nominating Committee their desire and ability to continue for another term of three-years on the Board of Directors. After careful consideration, the Nominating Committee has nominated these individuals to the Board of Directors. Each candidate has agreed to serve if approved by the general membership.
Members may petition, the board’s secretary, if they wish to include additional names for nomination. Valid petitions must be signed by 1% of the members (374 members) to the attention of: Board of Director Secretary, c/o Karen Jung, P.O. Box 179, Greenbelt, MD 20768-0179. Included with the petition must be a statement of qualifications, biographical data and a signed certificate by the nominee stating that he/she is agreeable to the nomination and will serve if elected. All petitions must be received no later than February 11, 2011. If no candidates qualify through the petition process, there will be no election by ballot. Nominations will not be accepted during the Annual Meeting. The Annual Meeting will be held on Thursday, April 21, 2011, beginning at 6:00 p.m. at the Greenbelt Marriott, located at 6400 Ivy Lane, Greenbelt, MD.
2011 BOARD OF DIRECTORS NOMINEES
TIP #1: Believe it or not, a simple tube of silicone caulk may be your best investment this heating season. Polyurethane caulking is a good all-around choice for sealing your home from drafts and leaks. Inspect places to be caulked outside your home like gutters and downspout seams, plumbing and furnace vent pipes, flashing seams between roof and siding, and around door and window frames.
TIP #2: Weather stripping exterior doors and windows is an inexpensive heat-saver. To detect heat loss, just hold your hand at the edge of a window or door frame on a windy day. If you feel a draft, weather-strip the area. You could see substantial savings on your electric and heating bills.
TIP #3: It is good practice to have your roof inspected every 3-5 years for any punctures, cracks or breaks. A well-maintained roof can also lower your energy bills and help to prevent costly water damage.
TIP #4: Another thing to watch out for during the winter months is frozen pipes. If you ever have a frozen pipe situation, it can be big trouble and expensive to correct. One of the simplest methods to help prevent water pipes from freezing is to wrap them with heating tape. The heating element warms the pipes and prevents freezing.
TIP #5: Be sure your storm windows and doors are in place and in good condition. Even if your window frames and doors are caulked and weather stripped properly, heat may still escape.
Properly installed storm windows and doors can cut your home’s heat loss by 50 percent.
TIP #6: Check exterior doors for wear and tear. Look for signs of leaking around the sill and threshold. Make sure weather stripping and seals are okay. Inspect your home for torn or water spotted insulation. Carefully examine your exterior siding and replace any missing or damaged fasteners or screws.
TIP #7: Always remember to clean out and inspect rain gutters for leaks or holes. They should be slanted so water drains away from your home. If you find that your gutters are full and need to be cleaned, do so immediately. Not cleaning them could result in further unnecessary damage to your home.
Ou
r C
om
mu
nit
y C
orn
er
WithMobileBankingyoucan:•Viewyouraccountbalances
and transactions •Transferfunds•Changeyoure-mailaddress•Changeyourpassword
Login with these easy steps: (Available only through mobile devices with Internet browsers)
•Gotohttps://onlinebanking.esfcu.org/mobile •LoginwithyourUserID(AccountNumber)•Answerthechallengequestion•Putinyourpassword(samepasswordusedwhenloggingintoOnlineBanking)
You will have successfully logged into mobile banking. If you have questions regarding mobile banking, please contact a member service representative at 800.356.6660.
Is it Time to Consolidate Your High-Rate Debt?Did you overindulge during these holidays? Has your financial situation brought you to a dead-end? Are you feeling trapped with high interest credit cards and even higher monthly payments? If you answered yes to any of these questions, now may be the time to consolidate your high-rate debt into one monthly payment with a signature loan.
A signature loan can save you time and lots of money! With rates as low as 10.49% APR*, you can significantly reduce your current finance charges and monthly payments.
Go in the right direction and save with an Educational Systems FCU signature loan. To apply, visit one of your local branch locations, our website or give us a call at 800.356.6660.
*10.49% Annual Percentage Rate (APR) is a fixed-rate with approximate terms up to 36 months. Other loan rates and terms are available. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
Graduating Seniors: Scholarship Money Is Available!
2011 Dorothy Marvil Memorial Scholarship
Now is the time to apply for the 2011 Dorothy Marvil Memorial Scholarship. Five scholarships will be awarded to graduating high school seniors. To learn more about the scholarship and its criteria, please visit www.esfcu.org and click on the scholarship link. This is a one time scholarship that can be used to pay for college expenses, from tuition to books. All essays must be submitted via email no later than April 11, 2011, to [email protected]. For additional information, please contact Lydia Gray at [email protected].
2011 Credit Union Foundation Scholarship
If you are a member of a Maryland or District of Columbia based credit union that is currently entering their freshman year through senior year of college, you are eligible to apply to win a 2011 College Scholarship from the Credit Union Foundation of MD & DC. Ten $1,000 scholarships
will be awarded to winning applicants in May 2011.
Members must write an essay on the following topic: “How can your Credit Union best reach out to members ages 18 to 25?” Applications for the scholarship program can be found at: www.cufound.org/scholarship. Deadline for essay/application submission is March 31, 2011.
Anticipation mounts as Educational Systems FCU gears up to be one of the proud sponsors of the Annual Credit Union Cherry Blossom Ten Mile Run & 5K Run/Walk. This race attracts participants from all over the world and takes place in the heart of the Nation’s Capital on Sunday, April 3, 2011.
Proceeds from the run will benefit the Children’s Miracle Network (CMN), an International non-profit organization dedicated to helping children by raising funds and awareness for Children’s Hospitals throughout North America.
Charles Carroll Middle School
HISPANIC AWARENESS CELEBRATION
October 13, 2010
Parents and students anxiously awaiting address from Brenda Rosario, Bilingual School Financial Education Coordinator, Educational Systems FCU.
Brenda Rosario, Bilingual School Financial Education Coordinator, spoke with students and parent’s at Charles Carroll Middle Schools Hispanic Awareness Celebration about her career with the Credit Union and the importance of saving and the benefits of opening up a savings account with the Credit Union.
Prince George’s Community College
THE GAZETTE MY FAVORITE TEACHER WINNER’S RECEPTION
December 6, 2010
Left to Right: Lindsay McKenzie, Grade 10, Bishop McNamara High School; Angelina Diehlmann, My Favorite Teacher High School Winner, Bishop McNamara High School; Doug Hayes, Advertising Manager, The Gazette Newspapers and Victoria Samuels, VP Marketing, Educational Systems FCU.
A New Statement Look and Enhanced Audio Response Teller System (ART)
Wearealwayslookingforwaysto enhance our level of service for you. Next month, your Credit Union statement will have a different look to it. Product and service announcements will now be printed right on your statement. This new process will save paper and allow us to provide you with important information in a timely manner. You may also notice a change in our Audio Response Teller (ART) system sometime in themiddleofMarch2011.Wewillkeep you informed about these new enhancements as we get closer to their implementation dates.
7 Helpful Tips to Help You Winterize Your HomeIs your home ready for the rigors of the upcoming winter? If it’s not, play it safe by preparing ahead for winter weather. Be sure to winterize your home by following these 7 helpful tips:
2011 Credit Union Cherry Blossom Run/Walk
2011 Board of Director Nominations
Dr. Jerome Clark, Secretary
Dr. Clark has been an educator for over 30 years before retiring from the Prince George’s County
Public School system where he served in the capacities of teacher, administrator and superintendent of schools. During his time as superintendent, he was named Maryland State Superintendent of the Year in 1998. He’s served on the Board of Directors for over 27 years.
George Denny, Director
Mr. Denny has over 35 years of experience as a teacher, counselor and administrator with
Prince George’s County Public Schools. In addition, he’s served as a Council Member and the Mayor of Brentwood, Maryland. He’s served four years on the Supervisory Committee, and the last three years on the Board of Directors.
By following these helpful tips you can possibly eliminate expensive repairs, making your home safer and more energy efficient when cold weather sets in. It takes a little planning and effort to winterize your home, but once done, it will be worth the time and savings.
Introducing Mobile BankingFAST. EASY. CONVENIENT.
2 3 4
Winter 2011 | www.esfcu.org
Saving for the Holidays Just Got Easier! As enjoyable as the holidays are, you may be relieved that all the decorating, baking and shopping is over, not to return until next year! If you spent more than you planned and charged what you couldn’t actually afford, you will likely be paying for those purchases throughout the New Year. Educational Systems FCU wants to help you make next season trouble and debt-free!
Before the fruitcake becomes too stale to even consider eating, think now about putting cash aside for next year’s holiday season. By beginning today, you’ll save yourself the stress of trying to come up with gift money at the last minute, or purchasing everything with your credit cards.
Our Sub-Savings Account makes saving throughout the year easy. It’s simple! You determine the amount you want to save each month and we’ll automatically transfer money from your checking account to a special savings account earmarked for the holidays. In November, the balance of the account will be available to you—just in time for your holiday shopping!
To know how much you will need to set aside each month, first calculate how much you expect to spend on all holiday expenses next year (that includes cards, wrapping, decorations, food and entertaining, as well as travel). Divide by the number of months left in the year: that’s the amount that will be automatically transferred.
To set up your Sub-Savings Account, please visit your nearest branch location, our website, or give us a call at 800.356.6660.
As members of Educational Systems FCU, you have the opportunity to elect members of our Board of Directors. Two incumbents are eligible for re-election this year to serve on the Board.
The following directors, Dr. Jerome Clark and Mr. George Denny, have indicated to the Nominating Committee their desire and ability to continue for another term of three-years on the Board of Directors. After careful consideration, the Nominating Committee has nominated these individuals to the Board of Directors. Each candidate has agreed to serve if approved by the general membership.
Members may petition, the board’s secretary, if they wish to include additional names for nomination. Valid petitions must be signed by 1% of the members (374 members) to the attention of: Board of Director Secretary, c/o Karen Jung, P.O. Box 179, Greenbelt, MD 20768-0179. Included with the petition must be a statement of qualifications, biographical data and a signed certificate by the nominee stating that he/she is agreeable to the nomination and will serve if elected. All petitions must be received no later than February 11, 2011. If no candidates qualify through the petition process, there will be no election by ballot. Nominations will not be accepted during the Annual Meeting. The Annual Meeting will be held on Thursday, April 21, 2011, beginning at 6:00 p.m. at the Greenbelt Marriott, located at 6400 Ivy Lane, Greenbelt, MD.
2011 BOARD OF DIRECTORS NOMINEES
TIP #1: Believe it or not, a simple tube of silicone caulk may be your best investment this heating season. Polyurethane caulking is a good all-around choice for sealing your home from drafts and leaks. Inspect places to be caulked outside your home like gutters and downspout seams, plumbing and furnace vent pipes, flashing seams between roof and siding, and around door and window frames.
TIP #2: Weather stripping exterior doors and windows is an inexpensive heat-saver. To detect heat loss, just hold your hand at the edge of a window or door frame on a windy day. If you feel a draft, weather-strip the area. You could see substantial savings on your electric and heating bills.
TIP #3: It is good practice to have your roof inspected every 3-5 years for any punctures, cracks or breaks. A well-maintained roof can also lower your energy bills and help to prevent costly water damage.
TIP #4: Another thing to watch out for during the winter months is frozen pipes. If you ever have a frozen pipe situation, it can be big trouble and expensive to correct. One of the simplest methods to help prevent water pipes from freezing is to wrap them with heating tape. The heating element warms the pipes and prevents freezing.
TIP #5: Be sure your storm windows and doors are in place and in good condition. Even if your window frames and doors are caulked and weather stripped properly, heat may still escape.
Properly installed storm windows and doors can cut your home’s heat loss by 50 percent.
TIP #6: Check exterior doors for wear and tear. Look for signs of leaking around the sill and threshold. Make sure weather stripping and seals are okay. Inspect your home for torn or water spotted insulation. Carefully examine your exterior siding and replace any missing or damaged fasteners or screws.
TIP #7: Always remember to clean out and inspect rain gutters for leaks or holes. They should be slanted so water drains away from your home. If you find that your gutters are full and need to be cleaned, do so immediately. Not cleaning them could result in further unnecessary damage to your home.
Ou
r C
om
mu
nit
y C
orn
erWithMobileBankingyoucan:•Viewyouraccountbalances
and transactions •Transferfunds•Changeyoure-mailaddress•Changeyourpassword
Login with these easy steps: (Available only through mobile devices with Internet browsers)
•Gotohttps://onlinebanking.esfcu.org/mobile •LoginwithyourUserID(AccountNumber)•Answerthechallengequestion•Putinyourpassword(samepasswordusedwhenloggingintoOnlineBanking)
You will have successfully logged into mobile banking. If you have questions regarding mobile banking, please contact a member service representative at 800.356.6660.
Is it Time to Consolidate Your High-Rate Debt?Did you overindulge during these holidays? Has your financial situation brought you to a dead-end? Are you feeling trapped with high interest credit cards and even higher monthly payments? If you answered yes to any of these questions, now may be the time to consolidate your high-rate debt into one monthly payment with a signature loan.
A signature loan can save you time and lots of money! With rates as low as 10.49% APR*, you can significantly reduce your current finance charges and monthly payments.
Go in the right direction and save with an Educational Systems FCU signature loan. To apply, visit one of your local branch locations, our website or give us a call at 800.356.6660.
*10.49% Annual Percentage Rate (APR) is a fixed-rate with approximate terms up to 36 months. Other loan rates and terms are available. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
Graduating Seniors: Scholarship Money Is Available!
2011 Dorothy Marvil Memorial Scholarship
Now is the time to apply for the 2011 Dorothy Marvil Memorial Scholarship. Five scholarships will be awarded to graduating high school seniors. To learn more about the scholarship and its criteria, please visit www.esfcu.org and click on the scholarship link. This is a one time scholarship that can be used to pay for college expenses, from tuition to books. All essays must be submitted via email no later than April 11, 2011, to [email protected]. For additional information, please contact Lydia Gray at [email protected].
2011 Credit Union Foundation Scholarship
If you are a member of a Maryland or District of Columbia based credit union that is currently entering their freshman year through senior year of college, you are eligible to apply to win a 2011 College Scholarship from the Credit Union Foundation of MD & DC. Ten $1,000 scholarships
will be awarded to winning applicants in May 2011.
Members must write an essay on the following topic: “How can your Credit Union best reach out to members ages 18 to 25?” Applications for the scholarship program can be found at: www.cufound.org/scholarship. Deadline for essay/application submission is March 31, 2011.
Anticipation mounts as Educational Systems FCU gears up to be one of the proud sponsors of the Annual Credit Union Cherry Blossom Ten Mile Run & 5K Run/Walk. This race attracts participants from all over the world and takes place in the heart of the Nation’s Capital on Sunday, April 3, 2011.
Proceeds from the run will benefit the Children’s Miracle Network (CMN), an International non-profit organization dedicated to helping children by raising funds and awareness for Children’s Hospitals throughout North America.
Charles Carroll Middle School
HISPANIC AWARENESS CELEBRATION
October 13, 2010
Parents and students anxiously awaiting address from Brenda Rosario, Bilingual School Financial Education Coordinator, Educational Systems FCU.
Brenda Rosario, Bilingual School Financial Education Coordinator, spoke with students and parent’s at Charles Carroll Middle Schools Hispanic Awareness Celebration about her career with the Credit Union and the importance of saving and the benefits of opening up a savings account with the Credit Union.
Prince George’s Community College
THE GAZETTE MY FAVORITE TEACHER WINNER’S RECEPTION
December 6, 2010
Left to Right: Lindsay McKenzie, Grade 10, Bishop McNamara High School; Angelina Diehlmann, My Favorite Teacher High School Winner, Bishop McNamara High School; Doug Hayes, Advertising Manager, The Gazette Newspapers and Victoria Samuels, VP Marketing, Educational Systems FCU.
A New Statement Look and Enhanced Audio Response Teller System (ART)
Wearealwayslookingforwaysto enhance our level of service for you. Next month, your Credit Union statement will have a different look to it. Product and service announcements will now be printed right on your statement. This new process will save paper and allow us to provide you with important information in a timely manner. You may also notice a change in our Audio Response Teller (ART) system sometime in themiddleofMarch2011.Wewillkeep you informed about these new enhancements as we get closer to their implementation dates.
7 Helpful Tips to Help You Winterize Your HomeIs your home ready for the rigors of the upcoming winter? If it’s not, play it safe by preparing ahead for winter weather. Be sure to winterize your home by following these 7 helpful tips:
Anticipation mounts Educational Proceeds from the will benefit
2011 Credit Union Cherry Blossom Run/Walk
2011 Board of Director Nominations
Dr. Jerome Clark, Secretary
Dr. Clark has been an educator for over 30 years before retiring from the Prince George’s County
Public School system where he served in the capacities of teacher, administrator and superintendent of schools. During his time as superintendent, he was named Maryland State Superintendent of the Year in 1998. He’s served on the Board of Directors for over 27 years.
George Denny, Director
Mr. Denny has over 35 years of experience as a teacher, counselor and administrator with
Prince George’s County Public Schools. In addition, he’s served as a Council Member and the Mayor of Brentwood, Maryland. He’s served four years on the Supervisory Committee, and the last three years on the Board of Directors.
Co
mm
un
ity
Co
rner
Co
mm
un
ity
Co
rner
Co
mm
un
ity
October 13,October 13,October 2010
Ou
r C
om
mu
nit
yO
ur
Co
mm
un
ity
Ou
r
Education spoke
Charles
saving and the and the and benefits of
By following these helpful tips you can possibly eliminate expensive repairs, making your home safer and more energy efficient when cold weather sets in. It takes a little planning and effort to winterize your home, but once done, it will be worth the time and savings.
Introducing Mobile BankingFAST. EASY. CONVENIENT.
2 3 4
Winter 2011 | www.esfcu.org
Did you know that every time you swipe your Educational Systems FCU Visa® Debit Card and select to use it as a CREDIT transaction, you help us SUPPORT EDUCATION? That’s right, when you use the credit side of your debit card; we earn revenue that helps us provide numerous services and benefits to the education communities in the counties we serve. Here are just a few examples that are a direct result of your active use of the products and services offered here at your Credit Union:• EducationalSystemsFCUconductedover
500 financial seminars for nearly 12,000
students in 2010. Our financial literacy programs are used by a number of schools in our counties to help students learn to become fiscally responsible adults.
• Everyyearweprovide$15,000inscholarships to member students who attend high schools in the counties we serve.
• Wealsousefundstosponsorthe“Readand Hit a Home Run” program with theBowieBaysoxandthe“PinchOntoBooks” program with the Southern Maryland Blue Crabs. Both of these ball clubs have given us an opportunity to help our students learn to love reading.
Plus, when you just say CREDIT…every time you use your debit card, you get charge-back rights, zero liability if fraud is ever committed on your card and you also enjoy the convenience of signing for your purchases—you don’t have to remember a PIN!
Helping the members of the education community has been the heart of Educational Systems FCU since our chartering in 1955 as a not-for-profit financial cooperative. The more you use the products and services of your Credit Union and the stronger we grow; the more services we can offer you, the more competitive our rates can be and the more benefits we will be able to bring to the education community. It’s a win-win.
Just Say “Credit” and
Corporate Office Mailing AddressP. O. Box 179, Greenbelt, MD 20768-0179 800.356.6660 | 301.779.8500 Fax: 301.985.4661 | www.esfcu.org
Branch Locations
Bowie Branch Duvall Village Shopping Center 4801 Glenn Dale Road, Bowie, MD
Upper Marlboro Branch WashingtonPlaza8903 Presidential Parkway, Suite100, Upper Marlboro, MD
Waldorf Branch Smallwood Village Shopping Center 169ASmallwoodVillageCenter,Waldorf,MD
Greenbelt Branch Maryland Trade Center I7500 Greenway Center Drive, Suite 140, Greenbelt, MD
California Member Service Center* San Souci Plaza 22599-122 MacArthur Blvd., California, MD
Prince Frederick Member Service Center* Manning Building 90KingGeorgeWay,PrinceFrederick,MD
*No Teller Services
All Card Services The phone number is 800.356.6660.You will be prompted to press 4 to report a lost or stolen Visa Credit or Debit Card.
Executive Officers Chris ConwayPresident/CEO
Wayne Beall Vice President/CIO
Laura Eacho Vice President, Lending and Collections
Nahid Moghadam Vice President, Member Services
Victoria U. Samuels Vice President, Marketing
Girado Smith Senior Vice President/CFO
Board of Directors Rosemary BrinkleyChairman
Eva ChesleyVice Chairman
Maurice ErlyTreasurer
Dr. Jerome ClarkSecretary
John NevilleDirector
George DennyDirector
Alonia SharpsDirector
Supervisory Committee MembersW. Cecil ShortChairman
Alonia SharpsSecretary
Michele WinstonMember
Martin Luther King Day Monday, January 17
President’s Day Monday, February 21
Memorial Day Monday, May 30
Independence Day Monday, July 4
Labor Day Monday, September 5
Columbus Day Monday, October 10
Veteran’s Day Friday, November 11
Thanksgiving Thursday, November 24
Christmas (observed) Monday, December 26
Your savings are insured up to $500,000. Your savings
are federally insured up to at least $250,000 by the
National Credit Union Administration (NCUA), and
backed by the full faith and credit of the United States
Government. An additional $250,000 of coverage
is provided by Excess Share Insurance (ESI), a private
corporation. Traditional and Roth IRAs are insured
up to $250,000 by NCUA and up to an additional
$250,000 through ESI, all at no cost to you.
Who’s Who
2011 Holiday Schedule
Locations
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
P.O. Box 179 Greenbelt, MD 20768-0179
Prst First ClassU.S. Postage
PAIDSouthern MD
Permit No. 305
Hours for Branches and Member Service Centers
Lobby Hours Monday—Thursday 9:00 a.m.—5:00 p.m. Friday 9:00 a.m.—6:00 p.m. Saturday 9:00 a.m.—1:00 p.m.
Drive-Thru—Bowie Branch Monday—Friday 8:00 a.m.—7:00 p.m. Saturday 9:00 a.m.—1:00 p.m.
ATM Locations 24-Hour ATM Access at the above Branches and Member Service Centers For added convenience, an ATM is also located at the Charles County Board of Education 5980 Radio Station Road, La Plata, MD Hours: Monday—Friday, 8:00 a.m.—4:00 p.m.
(continued on page 5)
Celebrating 55 Years (continued from page 1)
Attention students in Prince Georges, Charles, Calvert and St. Mary’s counties, the annual “Read and Hit a Home Run” with the Bowie Baysox and “Pinch onto Books” with the Blue Crabs reading programs have begun! Students have the opportunity to take advantage of two different reading programs. Both programs encourage students to read a certain number of books outside of their regular curriculum, and once the students have completed the reading, they will be awarded with a free ticket to a baseball game in the spring. To help students keep track of their reading, they can pick up a “Read and Hit a Home Run” or “Pinch onto Books” bookmark from their school’s reading specialist or teacher.
Help your Credit Union support education by taking advantage of both reading programs today!
Are You Taking Full Advantage of Your IRA Opportunities?Individual Retirement Accounts (IRAs) are one of the most powerful and flexible tools to accumulate funds for retirement. Opening an IRA is one of the most important steps to take in securing your financial future! Educational Systems FCU can help you take care of saving for tomorrow through our Traditional, Roth and Education IRA options.
Weofferextremelycompetitiverates.Additionally, in today’s economic environment, it’s even more important that your retirement investments are safe and secure. Your Credit Union insures Traditional and Roth IRAs up toatleast$500,000.*
As you think about your 2011 IRA contributions, consider your Credit Union as a safe haven for new deposits and rollovers. For more information, contact us today!
* We offer insurance on your deposit accounts up to $500,000. The National Credit Union Administration (NCUA) federally insures up to at least $250,000 per member. This insurance is backed by the full faith and credit of the United States Government. An additional $250,000 of coverage is provided by Excess Share Insurance (ESI), a private corporation. Traditional and Roth IRAs are insured up to $250,000 by NCUA and up to an additional $250,000 through ESI, all at no cost to you.
Let the Reading Begin!
The Bowie Baysox 2011 Reading Night Games are:
April 30 @ 6:00 p.m.May 1 @ 2:00 p.m.May 20 @ 7:00 p.m.May 21 @ 6:00 p.m.
The Blue Crabs 2011 Reading Night Games are:
May 6 @ 6:00 p.m.May 7 @ 6:00 p.m.May 27@ 6:00 p.m.
2010. Our financial
5 1
WINTER 2011 | www.esfcu.org
Winter 2011 | www.esfcu.org
Winter 2011 | www.esfcu.org
Make No Payment until April 2011!
Every year we make a list of the goals that we want to accomplish in the New Year!Whetheritistopurchaseanewhouse,beginaworkoutregimen,orbuyanew car! This January, we have an extra incentive for you to achieve your goals!
If you are in the market for a new or used auto, your timing couldn’t be better! From January 15th until February 28th, finance your new or used car with us and your first payment will not be due until April 2011*! Already driving a new car, but financed it with the dealership or another institution? Refinancing a loan from another institution with us may lower your payments.
This great offer, in conjunction with new auto rates as low as 2.49% APR**and used auto rates as low as 2.79% APR***willhelpyoutosavebig!Onceyou do the comparison shopping, you’ll find that this offer is the best around! Be suretoaskaboutouraffordableGAPProtection,Route66AutoWarrantyandCredit Life Insurance products. All are available and can be financed into your monthly payment.
So this year, let us help you clear your New Year’s checklist! Allow us to be your one-stop-shop for great auto savings!
* Members who purchase a new or used auto, or refinance their auto loan from another institution, from January 15th thru February 28th are eligible for deferred payments until April 2011. Interest will continue to accrue during the deferred period. This promotion cannot be combined with any other offer.
**2.49% Annual Percentage Rate (APR) is a fixed-rate on new auto loans financed for a maximum term of 36 months. 100% financing is not to exceed Manufacturer’s Suggested Retail Price (MSRP). Other loan rates and terms are available on new autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
***2.74% Annual Percentage Rate (APR) is a fixed-rate on used autos financed up to 125% of the NADA trade value for a maximum of 36 months. Other loan rates and terms are available on used autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
New Year’s Checklistpurchase your next auto with our low rates!
For us, it’s all about helping you achieve your financial goals and dreams. Our dedication to educating our children about managing their finances is important and we will continue to maintain a presence in local schools. Providing you with quality, relevant financial products and friendly service is at the top of our priority list, and we will continue to make wise decisions regarding the funds we all save together and borrow from.
Please share the benefits of membership with an immediate family member or coworker. For additional information regarding membership eligibility guidelines, please visit www.esfcu.org.Weappreciate your patronage and would like to begin the New Year by saying… ”It’s a pleasure helping you!”
On behalf of the Board of Directors, management and staff, we wish you a very happy, prosperous and healthy New Year.
Celebrating 55 Years of Serving the Education Community
November 11, 2010 marked our 55th year of serving the financial needs of the education community in Maryland. Withamissiontohelpourmembersachieve their financial goals and dreams, we stand by these words each day we provide service to you.
The last several years have proven to be difficult economic times for many. Even in those times, we try to help you navigate the unexpected financial situations tossed your way due to this economy. You have trusted us to be a safe haven for your deposits, and a life jacket with loans, providing you with choices to help improve many of life’s sudden situations. The best news is that the more you trust us to be your primary financial institution, the more we grow, the more we grow the more members we are able to help.
Your Credit Union has been around for a long time and our mission remains unchanged. (continued on page 5)
Things to Dol Research the best auto rates.
l Refinance my existing car loan.
l Buy a new/used car.
Did you know that every time you swipe your Educational Systems FCU Visa® Debit Card and select to use it as a CREDIT transaction, you help us SUPPORT EDUCATION? That’s right, when you use the credit side of your debit card; we earn revenue that helps us provide numerous services and benefits to the education communities in the counties we serve. Here are just a few examples that are a direct result of your active use of the products and services offered here at your Credit Union:• EducationalSystemsFCUconductedover
500 financial seminars for nearly 12,000
students in 2010. Our financial literacy programs are used by a number of schools in our counties to help students learn to become fiscally responsible adults.
• Everyyearweprovide$15,000inscholarships to member students who attend high schools in the counties we serve.
• Wealsousefundstosponsorthe“Readand Hit a Home Run” program with theBowieBaysoxandthe“PinchOntoBooks” program with the Southern Maryland Blue Crabs. Both of these ball clubs have given us an opportunity to help our students learn to love reading.
Plus, when you just say CREDIT…every time you use your debit card, you get charge-back rights, zero liability if fraud is ever committed on your card and you also enjoy the convenience of signing for your purchases—you don’t have to remember a PIN!
Helping the members of the education community has been the heart of Educational Systems FCU since our chartering in 1955 as a not-for-profit financial cooperative. The more you use the products and services of your Credit Union and the stronger we grow; the more services we can offer you, the more competitive our rates can be and the more benefits we will be able to bring to the education community. It’s a win-win.
Just Say “Credit” and
Corporate Office Mailing AddressP. O. Box 179, Greenbelt, MD 20768-0179 800.356.6660 | 301.779.8500 Fax: 301.985.4661 | www.esfcu.org
Branch Locations
Bowie Branch Duvall Village Shopping Center 4801 Glenn Dale Road, Bowie, MD
Upper Marlboro Branch WashingtonPlaza8903 Presidential Parkway, Suite100, Upper Marlboro, MD
Waldorf Branch Smallwood Village Shopping Center 169ASmallwoodVillageCenter,Waldorf,MD
Greenbelt Branch Maryland Trade Center I7500 Greenway Center Drive, Suite 140, Greenbelt, MD
California Member Service Center* San Souci Plaza 22599-122 MacArthur Blvd., California, MD
Prince Frederick Member Service Center* Manning Building 90KingGeorgeWay,PrinceFrederick,MD
*No Teller Services
All Card Services The phone number is 800.356.6660.You will be prompted to press 4 to report a lost or stolen Visa Credit or Debit Card.
Executive Officers Chris ConwayPresident/CEO
Wayne Beall Vice President/CIO
Laura Eacho Vice President, Lending and Collections
Nahid Moghadam Vice President, Member Services
Victoria U. Samuels Vice President, Marketing
Girado Smith Senior Vice President/CFO
Board of Directors Rosemary BrinkleyChairman
Eva ChesleyVice Chairman
Maurice ErlyTreasurer
Dr. Jerome ClarkSecretary
John NevilleDirector
George DennyDirector
Alonia SharpsDirector
Supervisory Committee MembersW. Cecil ShortChairman
Alonia SharpsSecretary
Michele WinstonMember
Martin Luther King Day Monday, January 17
President’s Day Monday, February 21
Memorial Day Monday, May 30
Independence Day Monday, July 4
Labor Day Monday, September 5
Columbus Day Monday, October 10
Veteran’s Day Friday, November 11
Thanksgiving Thursday, November 24
Christmas (observed) Monday, December 26
Your savings are insured up to $500,000. Your savings
are federally insured up to at least $250,000 by the
National Credit Union Administration (NCUA), and
backed by the full faith and credit of the United States
Government. An additional $250,000 of coverage
is provided by Excess Share Insurance (ESI), a private
corporation. Traditional and Roth IRAs are insured
up to $250,000 by NCUA and up to an additional
$250,000 through ESI, all at no cost to you.
Executive Board of Directors Supervisory
Who’s Who
2011 Holiday Schedule
Locations
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
NCUAYour savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
National Credit Union Association, a U.S. Government Agency
P.O. Box 179 Greenbelt, MD 20768-0179
Prst First ClassU.S. Postage
PAIDSouthern MD
Permit No. 305
Hours for Branches and Member Service Centers
Lobby Hours Monday—Thursday 9:00 a.m.—5:00 p.m. Friday 9:00 a.m.—6:00 p.m. Saturday 9:00 a.m.—1:00 p.m.
Drive-Thru—Bowie Branch Monday—Friday 8:00 a.m.—7:00 p.m. Saturday 9:00 a.m.—1:00 p.m.
ATM Locations 24-Hour ATM Access at the above Branches and Member Service Centers For added convenience, an ATM is also located at the Charles County Board of Education 5980 Radio Station Road, La Plata, MD Hours: Monday—Friday, 8:00 a.m.—4:00 p.m.
(continued on page 5)
Celebrating 55 Years (continued from page 1)
Attention students in Prince Georges, Charles, Calvert and St. Mary’s counties, the annual “Read and Hit a Home Run” with the Bowie Baysox and “Pinch onto Books” with the Blue Crabs reading programs have begun! Students have the opportunity to take advantage of two different reading programs. Both programs encourage students to read a certain number of books outside of their regular curriculum, and once the students have completed the reading, they will be awarded with a free ticket to a baseball game in the spring. To help students keep track of their reading, they can pick up a “Read and Hit a Home Run” or “Pinch onto Books” bookmark from their school’s reading specialist or teacher.
Help your Credit Union support education by taking advantage of both reading programs today!
Are You Taking Full Advantage of Your IRA Opportunities?Individual Retirement Accounts (IRAs) are one of the most powerful and flexible tools to accumulate funds for retirement. Opening an IRA is one of the most important steps to take in securing your financial future! Educational Systems FCU can help you take care of saving for tomorrow through our Traditional, Roth and Education IRA options.
Weofferextremelycompetitiverates.Additionally, in today’s economic environment, it’s even more important that your retirement investments are safe and secure. Your Credit Union insures Traditional and Roth IRAs up toatleast$500,000.*
As you think about your 2011 IRA contributions, consider your Credit Union as a safe haven for new deposits and rollovers. For more information, contact us today!
* We offer insurance on your deposit accounts up to $500,000. The National Credit Union Administration (NCUA) federally insures up to at least $250,000 per member. This insurance is backed by the full faith and credit of the United States Government. An additional $250,000 of coverage is provided by Excess Share Insurance (ESI), a private corporation. Traditional and Roth IRAs are insured up to $250,000 by NCUA and up to an additional $250,000 through ESI, all at no cost to you.
Let the Reading Begin!
The Bowie Baysox 2011 Reading Night Games are:
April 30 @ 6:00 p.m.May 1 @ 2:00 p.m.May 20 @ 7:00 p.m.May 21 @ 6:00 p.m.
The Blue Crabs 2011 Reading Night Games are:
May 6 @ 6:00 p.m.May 7 @ 6:00 p.m.May 27@ 6:00 p.m.
5 1
WINTER 2011 | www.esfcu.org
Winter 2011 | www.esfcu.org
AnExchangeAnExchangeAnAnExchangeAnExchangeAnExchangeExchangeExchangeAnExchangeExchangeWinter 2011 | www.esfcu.org
Make No Payment until April 2011!
Every year we make a list of the goals that we want to accomplish in the New Year!Whetheritistopurchaseanewhouse,beginaworkoutregimen,orbuyanew car! This January, we have an extra incentive for you to achieve your goals!
If you are in the market for a new or used auto, your timing couldn’t be better! From January 15th until February 28th, finance your new or used car with us and your first payment will not be due until April 2011*! Already driving a new car, but financed it with the dealership or another institution? Refinancing a loan from another institution with us may lower your payments.
This great offer, in conjunction with new auto rates as low as 2.49% APR**and used auto rates as low as 2.79% APR***willhelpyoutosavebig!Onceyou do the comparison shopping, you’ll find that this offer is the best around! Be suretoaskaboutouraffordableGAPProtection,Route66AutoWarrantyandCredit Life Insurance products. All are available and can be financed into your monthly payment.
So this year, let us help you clear your New Year’s checklist! Allow us to be your one-stop-shop for great auto savings!
* Members who purchase a new or used auto, or refinance their auto loan from another institution, from January 15th thru February 28th are eligible for deferred payments until April 2011. Interest will continue to accrue during the deferred period. This promotion cannot be combined with any other offer.
**2.49% Annual Percentage Rate (APR) is a fixed-rate on new auto loans financed for a maximum term of 36 months. 100% financing is not to exceed Manufacturer’s Suggested Retail Price (MSRP). Other loan rates and terms are available on new autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
***2.74% Annual Percentage Rate (APR) is a fixed-rate on used autos financed up to 125% of the NADA trade value for a maximum of 36 months. Other loan rates and terms are available on used autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
New Year’s Checklistpurchase your next auto with our low rates!
For us, it’s all about helping you achieve your financial goals and dreams. Our dedication to educating our children about managing their finances is important and we will continue to maintain a presence in local schools. Providing you with quality, relevant financial products and friendly service is at the top of our priority list, and we will continue to make wise decisions regarding the funds we all save together and borrow from.
Please share the benefits of membership with an immediate family member or coworker. For additional information regarding membership eligibility guidelines, please visit www.esfcu.org.Weappreciate your patronage and would like to begin the New Year by saying… ”It’s a pleasure helping you!”
On behalf of the Board of Directors, management and staff, we wish you a very happy, prosperous and healthy New Year.
Celebrating 55 Years of Serving the Education Community
November 11, 2010 marked our 55th year of serving the financial needs of the education community in Maryland. Withamissiontohelpourmembersachieve their financial goals and dreams, we stand by these words each day we provide service to you.
The last several years have proven to be difficult economic times for many. Even in those times, we try to help you navigate the unexpected financial situations tossed your way due to this economy. You have trusted us to be a safe haven for your deposits, and a life jacket with loans, providing you with choices to help improve many of life’s sudden situations. The best news is that the more you trust us to be your primary financial institution, the more we grow, the more we grow the more members we are able to help.
Your Credit Union has been around for a long time and our mission remains unchanged. (continued on page 5)
Things to Dol Research the best auto rates.
l Refinance my existing car loan.
l Buy a new/used car.
Related Documents
