outh
E X C H A N G E
Holiday Loans
Are Here
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
Anita Stevenson
Bookkeeper
Barbara Roy
Loan Officers
Sandra Bolden
Kristin Blackerby
Compliance Specialist
Stacy Barnhill
Teller Supervisor
Stephanie Lowe
Tellers
Doris Martin
Brenda Walker
Angela Garrick
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. and
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 2013 EDITION
Credit Unions Unite For Good:
A Better Way
It’s time to celebrate! October 17th is International
Credit Union Day, a day set aside to recognize our
history and philosophy as well as show you, our valued
member/owner, our appreciation for your participation
in the credit union. This year marks the 65th anniversary
of the celebration of International Credit Union Day
and this year’s theme, “Credit Unions Unite For Good:
A Better Way,” reflects the power of cooperation that
makes credit unions all over the world a force for good.
As a not-for-profit financial cooperative, your credit
union puts the best interests of its members first, not
those of stockholders. From Alabama to Zimbabwe,
credit unions everywhere improve the quality of life
for their members and the communities in which
they live. By belonging to the credit union and using
the services, you not only help yourself to competitive
rates and friendly service, you help others. So join us
in celebrating “A Better Way” to manage your money
today and to prepare for a secure financial future.
Current Loan Rates
(Depending upon credit qualifications, your rate might be as low as):
New & Used Autos
…36 months… 1.49% APR
….48 months… 1.69% APR
….60 months.... 1.99% APR
….72 months… 2.59% APR (new only)
Other Loan Rates
Unsecured Loans
..up to 36 months…as low as 10.9% APR
Get-Away Loans
..up to 48 months…as low as 7.90% 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
Santa has his helpers:
Folks with pointy ears
and long noses who wear
funny hats. But what
about you? How will you make the holidays all shiny
and bright? A holiday loan from the credit union to
the rescue! And a holiday loan can actually save you
money. Rather than overextending yourself on credit
cards (some of which may have interest rates of 25%
or higher) determine how much you need for your
holiday expenses: toys and gifts, gift wrap, cards,
postage, entertainment, travel and so on. If it seems
as though you may be spending too much, think
about ways you can economize. For example, host
a holiday brunch instead of dinner or invite guests
to bring their specialty dish rather than footing the
entire food bill yourself. Once you’ve arrived at a
figure, see the credit union for your holiday loan.
Use these funds (and no more) for your holiday
spending. Having a pre-determined amount and
a plan for spending puts you in control. With fair
rates and terms, a holiday loan will help you stay on
budget and on track financially. USAFCU‘s holiday
loans are here. $1,200.00 for 12 months for as low
as 7.9% APR is waiting for you through December
31, 2013! Happier Holidays start at the credit union.
Call us at 251-706-0255 or stop by the credit union
today and ask for a holiday loan officer!
Simplify With Direct
Deposit
Don’t miss out on one of
life’s greatest conveniences!
Have your paycheck or
regularly recurring payments
such as a Social Security or pension check deposited
to your credit union account. Once there, it can be
allocated as you wish. For example, to make a loan
payment, to set aside money in a special savings
account, for that vacation of a lifetime, or for a
down payment on your dream car. Having your
funds deposited directly to the credit union makes
managing your money easier than ever because
direct deposit and automatic payments work handin-hand to simplify your finances. So what are you
waiting for? Call or stop by the credit union. We’ll
help you make the appropriate arrangements with
your payroll office, Social Security or other provider.
STATEMENT OF FINANCIAL CONDITION
As of August 31, 2013
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
9,602,552.88
24,945,300.84
61,193.42
708,663.84
394,429.06
$35,712,140.04
735,414.53
3,090,727.13
4,678,651.07
1,488,134.07
571,619.17
21,628,498.76
336,491.99
3,182,603.32
$35,712,140.04
We Salute You!
We would like to take a moment to express our deepest
gratitude to those brave men and women, our veterans, who
have sacrificed and given so much in the name of freedom.
Veterans Day, November 11 of each year, is the day we
officially honor all American veterans, living and dead, of
wartime and peacetime. It is a day dedicated to thanking
living veterans for their commitment and service to our
country. Originally observed as Armistice Day, a day to
honor all veterans of WWI, Veterans Day was deemed an
official legal holiday on June 1, 1954. The day is traditionally
commemorated with a wreath-laying ceremony at the
Arlington National Cemetery and events throughout the
US. As of 2001, the week of November 11-17 was named
National Veterans Awareness Week.
It is so important during this designated time (and every day)
to stop, think about, appreciate, and thank those dedicated
individuals who have given so much for America, its people,
and our way of life. We salute you!
Important Message About
Christmas Clubs
BECOME A MASTER AT BALANCING DEBT
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 1.
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, 2013
MOVE YOUR BALANCE TO OUR LOWER INTEREST
RATE CREDIT CARD.
Paying less interest and fees is the straight path to financial
steadiness.
IT’S DEBT DEFYING!
Lower interest and fees with the greatest of ease.
STOP CLOWNING AROUND
Pay off debt with a smile so you can start investing in your
future.
THE ELEPHANT IN THE ROOM
You can’t ignore it any longer. It’s time to take control of your
bills by putting your foot down on monthly interest payments.
EXPERT JUGGLING
One monthly card payment is all you need to handle due
dates, billing statements and money management without
dropping the ball.
Applying for our credit union VISA credit card is easy, with
an 8.9% rate on purchases and balance transfers, stop by or
call our credit union today.
Thursday, November 28, 2013.............Thanksgiving Day
Tuesday, December 24, 2013......................Close at 1:00
Wednesday, December 25, 2013............. Christmas Day
Tuesday, December 31, 2013......................Close at 1:00
Wednesday, January 1, 2014...................New Year’s Day
Beware of little expenses. A small leak will sink a great ship.
- Benjamin Franklin