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
Betty Gorham
Assistant Manager
Felicia McKee
Bookkeeper
Barbara Roy
Loan Officer
Sandra Bolden
Marlo Martin
Head Teller
Stacy Barnhill
Tellers
Doris Martin
Joan Sluder
Stephanie Lowe
Kathleen Ellis
Brenda Walker
HOLIDAY
CLOSINGS, 2011
Monday, May 30, 2011 ..............................Memorial Day
Monday, July 4, 2011 ..........................Independence Day
Monday, September 5, 2011 ............................Labor Day
Thursday, November 24, 2011 ............Thanksgiving Day
Monday, December 26, 2011 ..................In observance of
Christmas Day
We have “Egg-Stra Special Loan Rates!”
No need to “hunt” for the best new or used automobile
loan rates. They’re right here at your credit union!
During our “Egg-Stra Special Rates Days”, your credit union
is financing new and used autos to give you lower payments
and less cost. We’ll even pay off your elsewhere-financed new
or used auto with a bank, finance company, or dealership.
From now until the end of April 2011, depending upon your
credit qualifications, your rates might be:
As low as 3.49% APR for 36 months
As low as 3.69% APR for 48 months
As low as 3.99% APR for 60 months
As low as 4.69% APR for 72 months
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.
SPRING 2011 EDITION
Find the “prize egg” in our Easter basket and you could
get a reduction in your qualified loan rate for the
duration of your loan!
ATM SAFETY TIPS:
ATM Safety: More Important Than Ever
No doubt you’re well aware of commonsense safety
practices when you use an ATM: Avoid those in
remote locations (especially after dark), memorize your
Personal Identification Number (PIN), and secure
your cash quickly. But more accessible technology is
creating new threats. For example, criminals are
purchasing the necessary equipment to record the
information on the magnetic strip on ATM cards.
With either a camera mounted on the ATM or
modified keypads, customers’ keystrokes are recorded.
The thieves then “clone” the cards and use them to
withdraw cash.
BE AWARE
To protect yourself from scams, cover your hand when
you enter your PIN. Be wary of suspicious looking
equipment or error messages on the machine. Check
your monthly statement thoroughly. Federal law
provides limited protection. Debit card users are liable
for only $50 of fraudulent charges if they notify their
credit union or bank in writing within two days of
noticing errors. If your personal situation allows, lower
the daily dollar amount that can be withdrawn. This
would make it more difficult for a thief to drain down
your account.
Existing loans at University of South Alabama Federal Credit
Union are not eligible for this offer. Loans available to
qualified borrowers and are subject to existing credit policies.
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.
Equal Opportunity Lender.
EQUAL HOUSING
LENDER
RU MOVING?
Please notify your Credit Union
if you have a change of address
STATEMENT OF FINANCIAL CONDITION
As of February 28, 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
9,461,986.78
19,388,606.31
63,835.87
772,604.64
223,713.00
$29,910,746.60
111,707.12
Get Yours Today
Getting your free annual credit report is a great way to fight
identity theft by monitoring and reviewing your report yearly.
You may request your free credit report three different ways:
online at www.annualcreditreport.com, request your report by
phone (1-877-322-8228), or request your report through the
mail. Free credit reports requested online are viewable
immediately upon authentication of identity. Requested reports
by phone or mail will be processed within 15 days of receiving
your request. You are entitled to receive one free credit report
through the Central Source (www.annualcreditreport.com) every
12 months from each of the nationwide consumer credit
reporting companies - Equifax, Experian and TransUnion. If you
order from only one company today, you can still order from the
other two companies at a later date.
4,958,151.47
3,189,759.88
1,390,053.50
275,201.00
16,744,788.53
336,491.99
2,904,593.11
$29,910,746.60
The credit union will be closed on May 30, 2011
in Observance of Memorial Day.
Do you belong to Sam’s Club, or, is it time to
renew your existing membership? How about
upgrading your current membership?
Well Sam’s Club has a deal for you!!
2011 Annual Meeting Update
The 2011 Annual Meeting of the USA Federal Credit Union was
held Tuesday, March 15, 2011. Your 2011 USA FCU board of
Directors are:
Chuck Warnol
Pam Henderson
Ben Tipton
Wayne Davis
Scherita Mixon
John Smith
Polly Stokley
Enjoy a year of exceptional savings and
up to a $25 Gift Card.
As a member of the credit union, Sam’s Club is offering you an
upgrade to sign up for a New Sam’s Club Plus Membership or
Renew an existing Plus Membership by April 30, 2011. Just take
the certificate below to your local Sam’s Club Member Service
Desk and let the savings begin!!
102 Years of People Helping People
On April 6, 1909, the very first credit union in the U.S. opened its
door in Manchester, New Hampshire. For the first time in this
country, a small group of people had joined together to pool
their money in a cooperative organization for saving and
borrowing. Even 102 years later, the basic credit union
philosophy remains as fundamentally simple as it was 102 years
ago - a non-profit, member-owned financial cooperative to serve
its members first, last, and always. We think that’s worth
remembering and celebrating - people helping people.
Interesting Fact
The first coin authorized by the new United States Congress was
a one-cent coin. The design (believed to be suggested by
Franklin) shows the sun and a sundial on the obverse, with the
words FUGIO (Latin: I fly) and the date 1787.
CREDIT UNION
SERVICE CENTERS
The Member-Friendly Financial Network