outh
E X C H A N G E
Thank You
University of South Alabama
Federal Credit Union
103 Hillcrest Rd.
Mobile, AL 36608
Board of Directors:
President, Polly Stokley
Vice President, Pam Henderson
Secretary, Scherita Mixon
Treasurer, Ben Tipton
Board Members
Wayne Davis
Chuck Warnol
John Smith
Management and Staff:
Manager
Felicia McKee
Assistant Manager
Jessica Dickson
Bookkeeper
Michele Allen
Loan Officers
Sandra Bolden
Kristin Blackerby
Compliance Specialist
Stacy Barnhill
Tellers
Brenda Walker
Angela Garrick
Khyrstal Brown
Phone: (251) 706-0255
Fax:
(251) 706-0299
Main (Campus) Lobby Hours:
Monday – Friday
8:00 a.m. till 5:00 p.m.
Drive-Up Hours:
Monday - Thursday
7:30 a.m. till 5:00 p.m.
Friday
7:30 a.m. till 5:30 p.m.
USAMC Branch Office Hours:
Monday, Wednesday, Friday
8:00 a.m. till 12:30 p.m.
1:00 p.m. till 4:00 p.m.
Children’s & Women’s Hospital
Branch Hours:
Thursday
8:30 a.m. till 12:30 p.m.
1:00 p.m. till 4:00 p.m.
FALL 2015 EDITION
Holiday Help from Your
Credit Union
Is your Grinch-like budget barely covering the cost of
Santa’s cookies and milk this holiday season? We can help.
With a Holiday Loan from the credit union, you can enjoy this
most wonderful time of the year. And our low-interest rates
mean you won’t end up with a holiday hangover from bringing
on credit cards.
Start by calculating your expenses: gifts, wrapping paper,
shipping and postage, decorations, cards, holiday meals and
parties and so on. Last year’s bills can help remind you of
what you spent. Too much? Think about ways of trimming
back. For example, draw names instead of buying everyone
on your list a gift or ask family members to help with meal
preparation by bringing a dish to pass. Plan to ship gifts in
ample time instead of paying for expedited deliveries.
With your spending plan complete, see us about a Holiday
Loan. Then shop with cash. Research shows that many
consumers spend less when they use cash instead of plastic.
Happy holidays from all of us at the credit union.
Current Loan Rates
(Depending upon credit qualifications, your rate
might be as low as):
New & Used Autos
.…36 months… 1.74% APR
….48 months… 1.94% APR
….60 months.... 2.24% APR
….72 months… 2.84% APR (new only)
Other Loan Rates
Unsecured Loans
..up to 36 months…as low as 10.40 % APR
Get-Away Loans
..up to 48 months…as low as 7.40% APR
VISA Credit Cards
….8.9% APR/No Annual Fee
All loan rates quoted as Annual Percentage Rates
and are subject to change without notice.
Loans available to qualified borrowers and are
subject to existing credit policies.
Equal Opportunity Lender.
Equal Housing
LENDER
VETS
Thank You Vets!
Wednesday, November 11, 2015 marks the 96th
observance of Veterans Day. President Woodrow
Wilson declared the day a federal holiday in 1919.
Originally known as Armistice Day, the name was
changed to Veterans Day in 1954. The date was
chosen in reference to the ending of World War
I: Germany signed an armistice with the Allies at
11 a.m. on November 11, 1918.
Today, Veterans Day is dedicated to honoring
all who have served our country. It is an important
reminder of the sacrifices all of our military
men and women have made on our behalf and
an opportunity to acknowledge and thank them
for their service and contributions. As we mark
the day, all of us at the credit union want to say,
“Thank you vets!”
This summer the credit union participated
in the Mobile County Summer Internship
Program. Some of you had the opportunity
to meet Tanner Lee on our teller line.
Tanner resides in Baldwin County and is
currently attending Harvard University.
We wish Tanner the best of luck at school
and thank him for his hard work and
dedication at the credit union.
STATEMENT OF FINANCIAL CONDITION
As of July 31, 2015
ASSETS:
Total Net Loans & VISAs
Net Investments
Fixed Assets
Land and Building
Other Assets
TOTAL ASSETS
Liabilities & Equity:
Liabilities (Payables)
Member Deposits:
Certificates of Deposit
Share Drafts (Checking)
IRAs
Christmas & Youth Clubs
Regular Shares
Equity
Regular Reserves
Undivided Earnings
TOTAL LIABILITIES & EQUITY
10,893,111.89
28,366,092.48
60,459.80
659,642.56
119,806.18
$40,099,112.91
653,089.39
2,572,182.90
4,955,593.04
1,316,716.63
557,472.69
26,097,619.97
336,491.99
3,609,946.30
$40,099.112.91
The Alternative Way to Save
Do you have extra money on hand; why not lock it up by opening
a Share Certificate? Your credit union offers Share Certificates
that allow you to choose a term that matches the path you are
on. It’s a safe and easy way for you to reach short and long
term financial goals, such as setting up funds for education, fun
getaways, a rainy day fund, etc.
Give yourself the opportunity to save with a “hands off” approach
and a chance for that hard-earned cash to grow. To find out more
about this alternative way to save, call, visit us online, or stop by
the credit union.
Important Message About
Christmas Clubs
Christmas Club balances will be automatically deposited into either your
credit union share account or into your credit union checking account on
the night of November 2nd.
VISA Gift Cards Are Here!
VISA gift cards are perfect for any occasion--smart, thoughtful
and always well received. Stop by the main branch and check out
the variety of gift cards we have. We offer Christmas, “For You”,
and All Occasion cards.
Our low fee of $3.50 per card makes them affordable and
convenient.
Holiday Closings, 2015
Thursday, November 26, 2015..................Thanksgiving Day
Thursday, December 24, 2015.......................Close at 1 p.m.
Friday, December 25, 2015.......................... Christmas Day
Thursday, December 31, 2015.......................Close at 1 p.m.
Friday, January 1, 2016................................ New Year’s Day
Credit Union Notary Services for Your Convenience
If you require professional notary services, look no further than your credit
union. From contracts and financial documents, to birth records to deeds
and other real estate transactions, to agreements and powers of attorney,
we can help with all of your notary needs. With a Notary Public on-site, you
have easy access to an impartial, state-licensed, and legal witness for the
signing of your document.
Having your documents signed, sealed, and legally authenticated is easy
and affordable at the credit union. Rather than searching for and making a
special trip to a separate notary, you can have your document(s) notarized
in your local branch while conducting your regular financial transactions.
Keep in mind, members and non-members must present a valid photo ID
and sign the document in the presence of the notary.
It’s advisable to contact the credit union for exact notary locations and
hours - often the notary is available at certain branches during specific
hours. Give us a call ahead of time to ensure a successful and hasslefree visit. For a full list of branch locations and phone numbers, visit our
website.
The Last Word
Worrying is like sitting in a rocking chair. It gives you
something to do, but it doesn’t get you anywhere.