IEC FEDERAL CREDIT UNION
June 2014
“School’s Out for Summer”
The next Credit Union Loan Special has begun.
You can now get $3000- $5000 for up to 5
years at 6.99%APR. This rate is good until
August 1, 2014. So if you have a summer
project or vacation planned and need some
extra cash consider this special. The usual
credit criteria applies. Give Lisa a call at
800-757-7432 or submit an application from
our website at www.iecfcu.com. If you have
any questions, please give us a call.
YOUR MEMBERSHIP MEANS A LOT
This Credit Union was chartered as an added benefit for Illinois
Electric and Telephone Cooperative employees, directors and
their family members.
Member service is our first and foremost priority. As a
member- owner, we need you to keep us informed as to how
we may be able to assist you financially. Do you need a loan
or want to open a share savings account for a child or grandchild? Are you aware of all our products and services? Your
Credit Union is here to help you find responsible and
innovative financial solutions for a stable financial future.
It is important that we continue to grow so consider opening
an account for your child or grandchild or recommending us to
an employee who isn’t a member yet. We want to hear from
you. Visit our Facebook page and let us hear from you.
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IEC FEDERAL CREDIT UNION
YOUR NEXT AUTO LOAN
Remember your Credit Union is ready, willing and able to
help you with your next vehicle purchase or if you want to refinance a vehicle you currently have at another financial institution. Here are a few reasons to look to your Credit Union
first:
1. If you have had previous loans, we will only have to
update your current application and more than likely you will
be able to be preapproved with one phone call.
2. No high pressure sales. We will run the numbers and
present you with available options and let you make the final
decision.
3. We have competitive rates. While we won’t offer
zero percent, we can run the figures to see if taking a rebate
and financing a lower amount at our rate is better than
financing at zero percent.
4. You will always receive personalized member service.
We care and want you to get the best deal regardless of
whether you finance through the Credit Union or somewhere
else. We will book your trade-in if you have one and will be
happy to run any terms, rates or amounts so you have all the
information needed to make an informed decision.
We would like to be your lender of choice and will do everything in our power to make your borrowing experience
relatively easy and satisfying.
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THINGS TO CONSIDER ON YOUR NEXT TRIP
When planning your next vacation or weekend trip remember
to : Contact the Credit Union if you are travelling and planning
to use your Credit Union Credit Card or Debit Card. A note will be
attached to these accounts and avoid our security on both cards
from placing a temporary block on the cards due to a change in
your “normal” usage pattern. While notating on your cards of
travel may not stop a card from being blocked, it will expedite
removal of the block.
Consider using our CU Travel Money Card instead of your
Debit Card or Credit Card. You can load up to $5000.00 on the
Prepaid Debit Card and not have to worry if it is lost or stolen and
these cards are accepted anywhere Visa is accepted. This card is
also not tied to any account . This would allow your regular Credit
Card or Debit Card to be the backup in case your Money Card
was lost or stolen.
If you are plan on using your Debit Card internationally, you
will need to contact the Credit Union. We have blocked all
international debit card transactions and will need to open access
for a period of time on your card.
Or if you just need some cash for a short term, contact the
Credit Union and ask about our new “Speedy Cash” loan. You can
get up to $1000.00 with no application or credit report. The
term is 6mos. at 10%APR. Ask for Lisa for more information.
IEC FEDERAL CREDIT UNION
Your Credit Union was organized in
1970 for employees, directors and family members of the Electric and Telephone Cooperatives of Illinois. We rely
on your support and loyalty to keep us
strong. We offer many products and
services for your convenience.
IEC Federal Credit Union
P.O. Box 2679
Springfield, IL 62708
Phone: 800-757-7432
Fax: 217-529-5566
Thank you for your continued support
and we look forward to serving you for
a long time.
Check us out on the web
at www.iecfcu.com
YOUR CREDIT UNION BOARD OF DIRECTORS
AND STAFF
CHRIS BENNETT—CHAIRMAN—SIEC
JOHN FREITAG—V PRES– AIEC
WAYNE JONES—SECRETARY– MEC
MICHAEL HENRY– TREAS—AIEC
RALPH KUHL—DIRECTOR—CCEC
TAMI PHILLIPS—DIRECTOR—NEC
JULIE DAY—DIRECTOR—IREC
STEVE JENNINGS—DIRECTOR—AEC
MATT SHEERIN—DIRECTOR—RECC
TOOTIE HOLMES—MANAGER
LISA WIDNER—LOAN MANAGER
STEPHANIE LANCASTER—MBR SERVICE REP