January 2014
It’s Time To
e-Statements
& Convenient
Green
Enjoy the convenience of receiving your statement
online rather than a paper statement in the mail.
At CU Advantage!
Go Green – By going paperless you help the
environment by reducing the amount of paper
required to print statements.
This is one New Year’s Resolution you can
keep! Plan to refinance and save at your credit
union when you bring us higher-rate loans that you have at other lenders and
department stores. You’ll be surprised just how much you can save – and
we’ll be happy to show you the difference! So whether you have a loan for a
new or used vehicle, RV, boat, snowmobile, motorcycle, personal loan, or
more – bring that loan to your credit union.
Reduce Paper Clutter – You’ll no longer
need to store your paper statements in your
home since you have access to your
statements online, and you can manage
them on your computer or back-up device.
e-Statements can also be viewed through
Mobile Banking.
Even if you’re planning to make a new purchase, make Credit Union Advantage
your choice for financing.
Vehicle Loans
Personal Loans
As Low As
As Low As
2.00
4.25
%
%
FIXED
APR*
Up To 60 Months
VISA Credit Card
As Low As
9.99
%
APR*
24/7 Access – Receive your statement faster and
have access to this information online at your
convenience, 24 hours a day. You are notified by
email when your e-Statement is ready.
FIXED
APR*
Up To $5,000/Up To 36 Months
Our VISA Credit Card also features
no annual card fee, 25-days to repay
your balance before a finance charge is
imposed, no cash advance or balance
transfer fees, and more. For complete
details, visit www.cuadvantage.coop.
Rate Discounts!
It’s possible to reduce your rate on some Credit Union loans when
you participate in specific services.** There are floor limits on
certain loans, but in many cases you can get your loan for less.
Ask for details.
Your account information is protected since e-Statements are accessed
through our secure Home Banking and Mobile Banking systems.
Free - There is no charge to switch to this convenient service.
Get Started Today
It’s easy to get started. Visit www.cuadvantage.coop, and sign into Home
Banking to request e-Statements.
If you are not currently using Home Banking, enter your account number in the
“Home Banking” log in box on our home page, then on “Not Enrolled? Enroll
Today” and follow the on-screen instructions. If you have questions or need help,
our Member Service Representatives are standing by to assist you.
New Web Site Launched
Apply Today
• Online at www.cuadvantage.coop
• Call or stop by the credit union office
*APR = Annual Percentage Rate, subject to change. Rate based on individual
creditworthiness, model year, and term of loan. Loan cannot be used to pay on
existing loans at CU Advantage. A $20,000 loan at 2.00% APR for 60
months would have an approximate monthly payment of $359.59. A
$5,000 loan at 4.25% APR for 36 months would have an approximate
monthly payment of 148.18.
**Loans excluded from the discount offer include home mortgages,
home equity loans, VISA credit card, and lines-of-credit.
All loans subject to approval.
Secure – No more worrying about your statement sitting in a roadside
mailbox.
We are very pleased to announce that our new web site launched in December and we
hope you like the new look and great features. There are fantastic improvements in the
overall navigation of the site, new features and a full range of information on our products
and services. Log on to Home Banking or access our Online Loan Application from the
home page, link to our many trusted business partners – all offering valuable and discounted
services to our members, and more.
Check out our new web site today at www.cuadvantage.coop. If you visited our old site frequently,
you may need to refresh your browser so that you are directed to the new site.
Credit Repair Loan
NEWS BRIEFS
Do you know your current credit score? This score is
used by financial institutions to determine the rate you
will be charged for a loan or credit card, by employers
when considering offering you a job, and even by
management companies where you want to rent an
apartment. You can obtain your free credit report
annually at freecreditreport.com, and it’s a great idea to
incur the additional fee to obtain your credit score.
Deposit Your Tax Refunds Electronically
If you do your taxes early, now is the time to set up the direct
deposit of your tax refund to Credit Union Advantage. Here’s the
information you need for any direct deposit to your Credit Union:
1) Credit Union Advantage’s routing number – 272485039
2) Your Credit Union account number, plus two zeros at the end of
the number.
3) The account type to make the deposit – savings or checking.
If your score is low, we have a great way to help you build
your score! If you are receiving a tax refund, deposit that money
in your credit union savings account and use it as collateral for a Share
Secured Loan. As you pay down your balance, that money becomes
available to you, but as you are making your payments on time, you are
repairing your credit score.
Thanks For Participating in Our
International Credit Union Week
Celebration
There are other ways that you can improve your credit score, and we’d be
happy to discuss your options with you. Call or stop by the credit union
office and our experienced loan representatives will be happy to help.
During the week of October 14th, your credit union celebrated
International Credit Union Week and we had a great time as members
were putting for prizes and spinning our wheel to win prizes. We
would like to extend a “big thank you” to all of our members who took
the time to join in the fun.
Save To Win is a special savings account at Credit
Union Advantage that gives you all the benefits of
having a savings account – plus more! You also get
chances to win one of six $10,000 grand prizes, plus
monthly cash prizes! Every $25 deposit into this
account helps build your savings and gets you another
chance to win – up to 10 chances every month.
Plus, all the money you deposit into the Save To Win
account is still yours, with interest!
Holiday Closings
Martin Luther King, Jr. Day – Monday, January 20 – Closed
Presidents’ Day – Monday, February 17– Closed
Annual Meeting – Monday, March 24 – Closing at 2:30 p.m.
Good Friday – Friday, April 18 – Closing at 12:00 noon
Save To Win runs from January through December. Members can open a
Save To Win account at any time, but the sooner you open the account,
the more time you have to earn entries for the grand prize!
To participate, you must be at least 18 years of age, a legal resident of Michigan
and a member at a participating credit union like Credit Union Advantage.
Not everyone will win a prize, but if you make regular deposits into your Save To
Win account all year, you are guaranteed to end up with more money saved than
you started with. You seriously have nothing to lose – and everything to win!
Ask for details and start participating in the Save To Win offer today!
Raffle open only to Michigan residents. Void where prohibited by law. Official rules available at
www.savetowin.org. Federally insured by the NCUA.
Annual Meeting Scheduled
All of us at Credit Union Advantage wish you
a happy, healthy and prosperous New Year!
Box Scores:
Members: 3,190
Assets: $28.7 Million
The Credit Union Advantage 43rd Annual Meeting will be held on Monday,
March 24, 2014 at 4:00 p.m. in the Providence Medical Building, Conference
Room G, located at 22250 Providence Drive in Southfield.
Three Board seats are up for re-election including Carolyn Shalhoub, Andrea Bowers,
and Jan Zuchowicz.
If you are interested in serving on our volunteer Board of Directors, applications must
be received by January 31, 2014. Please submit to:
Board Chair Michele Ciokajlo
Credit Union Advantage
22250 Providence Drive
Southfield, MI 48075
Happy
New Year
Southfield Office
Providence Medical Building
22250 Providence Drive
Southfield, MI 48075
248-996-6070 • Fax: 248-849-5391
Novi Branch
Providence Park Medical Office Building
26850 Providence Parkway, Suite 110
Novi, MI 48374
248-662-0383 • Fax: 248-662-0385
www.cuadvantage.coop
Federally Insured by NCUA