VOL. 25, NUMBER 1 JANUARY 2010 Matters Money VOL. 30 NUMBER 4 October 2016 Credit Union Membership Is Worth Hundreds Did you know you’re saving money—maybe hundreds of dollars a year—just by being a Germania Credit Union member? Credit unions typically charge fewer and lower fees than other financial institutions, according to the Credit Union National Association’s (CUNA) latest membership ben- efits report. Of course, the amount you save has a lot to do with your financial habits and the number of Germania Credit Union products and services you use. On average, credit union member households in the U.S. save about $159 a year. Consider this: Financing a $25,000 new automobile for 60 months at a credit union will save members an average of $171 per year in interest expense compared to what they would pay at a banking institution. That’s approximately $855 in savings over five years. Credit unions offer better value because they are non-for-profit institutions owned and controlled by their members. Banks are owned by stockholders who want solid returns on their investments. Bottom line: If you’re looking for a safe place to save and borrow, without getting nickeled and dimed to death, credit unions are the best deal—bar none. So visit Germania Credit Union to see how much more you can save by using our services.
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
VOL. 25, NUMBER 1 JANUARY 2010
MattersMoney VOL. 30 NUMBER 4 October 2016
Credit Union Membership Is Worth Hundreds
Did you know you’re saving money—maybe hundreds of dollars a year—just by being a Germania Credit Union member? Credit unions typically charge fewer and lower fees than other fi nancial institutions, according to the Credit Union National Association’s (CUNA) latest membership ben-efi ts report.
Of course, the amount you save has a lot to do with your fi nancial habits and the number of Germania Credit Union products and services you use. On average, credit union member households in the U.S. save about $159 a year.
Consider this: Financing a $25,000 new automobile for 60 months at a credit union will save members an average of $171 per year in interest expense compared to what they would pay at a banking institution. That’s approximately $855 in savings over fi ve years.
Credit unions offer better value because they are non-for-profi t institutions owned and controlled by their members. Banks are owned by stockholders who want solid returns on their investments.
Bottom line: If you’re looking for a safe place to save and borrow, without getting nickeled and dimed to death, credit unions are the best deal—bar none.
So visit Germania Credit Union to see how much more you can save by using our services.
Current Rates:Annual Percentage Yield (APY) for Regular Share Accounts is accurate as of 9-30-2016.Regular Share Account Dividend Rate ......................... 0.025% APY ......................................... 0.025%Contact the credit union for further information about applicable rates, fees and terms.
Statistics:(as of August 31, 2016)
Assets ................................ $10,247,987Shares ................................ $8,679,983Loans ................................... $6,754,983Members ........................................ 2548
Board of DirectorsRick Blundell, Jr., Chairman
Richard Grimmer, Vice ChairmanTrey Hardy, Treasurer
Sandy Wellbrock, SecretaryWilliam Boeer
Howard TomlinsonLisa Eben
Traci BagleyJeff Smestuen
StaffC.W. Barker, President
Janet ManteyJo Lynne Goldberg
Chelsea Lozano
Offi ce Hours:Monday - Friday
8:00 am - 5:00 pm(No transactions after 4:00 pm)Germania will be closed
November 11th, 24th & 25th in observance ofVeteran’s Day and Thanksgiving.
GCU will be closed on Friday, December 23rd and Monday, December 26th for Christmas.
GCU will be closed Monday, January 2, 2017 for New Year’s Day.
www.germaniacreditunion.com
DOCUMENTS AVAILABLE TO MEMBERS
Upon request, a member is enti tled to review or receive a copy of the most recent version of the following credit union documents:
1) Balance sheet and income statement.
2) A summary of the most recent annual audit.
3) Writt en board policy regarding access to the arti cles of incorporati on, bylaws, rules, guidelines, board policies, and copies thereof.
4) Internal Revenue Service Form 990.
Americans rate moving the third most stressful life event after death and divorce. Fortunately, the Internet has hundreds of sites to help you plan, research, budget, and shop for moving day. Many even offer huge discounts you can’t fi nd elsewhere.
A good place to start is with all-purpose moving sites like move.com or imove.com that provide planners, budgeting tools, links to jobs, and information about schools. To fi nd a trustworthy carrier, the Better Business Bureau (BBB) recommends getting at least one in-home visual estimate--in writing. Find out what services that estimate covers, and ask about the company’s insurance and workers’ compensation.
Also check with your state Department of Transportation, local BBB, and the American Moving and Storage Association to ensure the companies are in good standing.
Remember that while you’re canceling your cable, gas, electric, and so on, you don’t have to cancel your credit union membership. Once you’re a member of Germania Credit Union, you’re always a member. With direct deposit, and home banking Germania Credit Union makes continuing your credit union membership easy.
Ensuring a Smooth Move
Related Documents
