OUTH
E X C H A N G E
University of South Alabama
Federal Credit Union
103 Hillcrest Road
Mobile, AL 36608
Board of Directors:
President
Polly Stokley
Vice President
Pam Henderson
Secretary
Scherita Mixon
Treasurer
Ben Tipton
Wayne Davis
Chuck Warnol
John Smith
Management and Staff:
Manager
Felicia McKee
Assistant Manager
Anita Stevenson
Bookkeeper
Barbara Roy
Loan Officer
Sandra Bolden
Compliance Specialist
Stacy Barnhill
Head Teller
Stephanie Lowe
Tellers
Doris Martin
Joan Sluder
Kathleen Ellis
Brenda Walker
Phone: (251) 706-0255
Fax: (251) 706-0299
Main (Campus) Lobby Hours:
Monday-Friday
8:00 a.m. til 5:00 p.m.
Drive-Up Hours:
Monday-Thursday
7:30 a.m. til 5:00 p.m.
Friday
7:30 a.m. til 5:30 p.m.
USAMC Branch Office Hours:
Monday, Wednesday, Friday
8:00 a.m. til 12:30 p.m. and
1:00 p.m. til 4:00 p.m.
NEW AT USA FCU
Look for this logo on ATM’s in your area
and use it with NO FEE.
FALL 2011 EDITION
Make The Season Brighter With A
Holiday Loan
Santa’s making his list and checking it twice, and so are
you. But while it appears Santa has unlimited funds to
finance his holiday cheer, you may not. That’s where we
can help. With a holiday loan for the credit union, you
can set a budget and stick to it.
You can also look online for ATM’s in the
area by searching CO-OP ATM’s or
downloading the CO-OP ATM locator app
to your smart phone.
Current Loan Rates
(Depending upon credit qualifications, your rate might be as low as):
New & Used Autos
…36 months… 3.49% APR
….48 months… 3.69% APR
….60 months.... 3.99% APR
….72 months… 4.69% 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.
Here’s how: Determine how much to spend on gifts,
cards, postage and shipping, food, entertainment, and
decorations. It may help to review what you spent last year
and plan accordingly, then with a holiday loan from the
credit union, you can pay cash for these items. This has
two benefits:
1. Money experts note that when you pay cash, you are
much less likely to overspend than when you use a
credit card.
2. Your “ho-ho-hos” won’t turn into “oh no’s” when the
credit card bills arrive in January.
With fair rates and terms, a holiday loan will help you stay
on budget and on track financially. USAFCU‘s holiday
loans are just right for you. $1200.00 for 12 months for as
low as 7.9% APR is waiting for you through December 31,
2011! 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!
Loans available to qualified borrowers and are subject to
existing credit policies.
Equal Opportunity Lender.
EQUAL HOUSING
LENDER
HOLIDAY
CLOSINGS, 2011
Thursday, November 24, 2011 ............Thanksgiving Day
Monday, December 26, 2011 ..................In observance of
Christmas Day
Monday, January 2, 2012 ........................In observance of
New Year’s Day
THANKING OUR VETERANS
November 11 is Veterans Day and we, at the credit
union, would like to take this opportunity to thank
our veterans: the men and women who have served
their country, allowing us to have the freedoms we
enjoy today. Whether they served on active duty or
reserve, during peacetime or a time of conflict, they
served their county with honor. We also want to thank
the family members and thousands of volunteers who
have stood by and supported our veterans. Thanks all military members and their families, present and past.
STATEMENT OF FINANCIAL CONDITION
As of August 31, 2011
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
8,752,188.98
20,602,038.05
80,624.79
759,816.48
12,792.05
$30,207,460.35
8.9% Annual Percentage Rate
No Annual Fees
Pick up a USAFCU VISA credit card application
at your nearest branch and start enjoying your
lower rate today!
Credit cards available to qualified borrowers; all loans subject to
existing credit policies. Credit card rate quoted as Annual
Percentage Rate.
440,675.32
4,037,520.88
3,190,334.42
1,322,669.78
568,518.63
17,355,597.96
336,491.99
2,955,651.37
$30,207,460.35
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 1.
Volunteers: Take A Bow
Did you know that your credit union is governed
by a group of unpaid volunteers who contribute
their time and talent to serving on credit union
committees and the Board of Directors? It’s one
of the ways credit unions are different from other
financial institutions. Unlike a board representing
the interests of stockholders, your credit union
board of directors is elected from, and by,
members. The board represents and advocates
for the interest of all of the credit union’s
member-owners, including you. Volunteers serve
as careful stewards of the funds entrusted to the
credit union and we have just a few words to
say to them: “Thank you very much!” We
appreciate the dedicated service of all of our
volunteers - they are truly the lifeblood of the
credit union.
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.
CREDIT UNION
SERVICE CENTERS
The Member-Friendly Financial Network