PRESORTED
STANDARD
U.S. POSTAGE
PAID
ROCK ISLAND, IL
PERMIT NO. 27
P.O. Box 1010
Moline, IL 61266
Summer
THIS ISSUE
Online Branch Upgrade........................................................Page 1
2014
Navigating the Process Post 2008.......................................Page 2
Prophetstown Groundbreaking............................................Page 2
Summer Advantage..............................................................Page 3
Cash for Class Scholarship Recipients.................................Page 3
Kewanee Merger..................................................................Page 4
Short Takes..........................................................................Page 4
Coming Soon: Online Branch Upgrade
for More Power and Control
Federally Insured by NCUA
Equal Housing Lender | NMLS ID 463074
We’re excited to announce that we’ll be upgrading Online Branch this fall to bring you a more
powerful experience than ever before.
CAFCU Merges with IHMVCU
Short Takes
Upcoming Holiday Hours
On June 5, members of Compaction America
Federal Credit Union (CAFCU) voted by more
than 90 percent to merge with IHMVCU.
“With the announcement by BOMAG to close
the Kewanee plant, CAFCU was faced with
a difficult decision about providing future
services to our membership,” said Marc
Murray, CAFCU Board President. “As a result,
the Board of Directors and I felt the best
opportunity for the credit union was to merge
with IH Mississippi Valley Credit Union.”
“IHMVCU is about improving the financial well-being of the communities we serve,” said Dennis Hall,
IHMVCU President. “We’re excited for this opportunity and look forward to serving our newest members,
and supporting the Kewanee community.”
In addition, IHMVCU will open a new branch in Kewanee to serve the combined membership.
Construction details and timelines are still being finalized.
“The CAFCU board and I are extremely pleased the membership has approved this merger, and we look
forward to the great opportunities that lie ahead for our staff and members,” said Murray.
SUMMER 2014 | PAGE 4
All IHMVCU branches will be closed on
Mon., Sept. 1 in observance of Labor Day.
Online Branch is available 24 hours a day,
7 days a week for your convenience at
ihmvcu.org.
Upcoming Events
Aug. 9
Prophetstown
Movie in the Park
Aug. 23 Silvis Moonlight Parade
Aug. 30 Kewanee Hog Days Festival
Parade
Sept. 3
Warren County Prime Beef
Festival Parade
Money Smarts Blog
Stay on top of your financials with the
latest tips and tricks at ihmoneysmarts.com.
And don’t forget to check back for a new post
every Wednesday!
The new system will deliver the latest in smart technology to simplify, speed up and centralize
your financial management tasks for convenient one-stop, nonstop access. It’s the future of
banking and it’s almost here.
We’ll provide you with more detailed information in the coming weeks, but here’s a
sneak peek of some of the new features:
• Budgeting tools
• Spending tracker
• Mobile Bill Pay
• Member-to-Member Transfers
• External Transfers
• Remote deposit capture
with your mobile phone
(coming November 2014)
Attention
Online Branch Users
Before we switch things over, all Online Branch users
need to update their Login ID by July 31. For security
reasons, the new system
does not allow for account
numbers or social security
numbers as Login IDs.
You can change your
Login ID in five
easy steps
1.
2.
3.
4.
5.
Login to Online Branch
Select Security under Preferences
Click the Login ID tab
Enter your new Login ID
Click Submit Login ID Change
A couple of things to remember
when creating your new Login ID.
• Must be at least 6 - 20 characters
• Must contain letter(s) and number(s)
• Can contain the following special characters:
@$*_-=.!~
• Cannot contain spaces
• Cannot be all numbers
SUMMER 2014 | PAGE 1
Navigating the Mortgage Process Post 2008
We’ve heard enough about the 2008 mortgage crisis to last a lifetime, but the long and the short of it is
bad underwriting and poor documentation led to a lot of foreclosures and individuals upside down on
their homes.
It’s also important to know that IHMVCU retains servicing on nearly all mortgage loans. So when you
have questions after the purchase, we can help with that too.
Buying a house may seem daunting, but with the right financial partner the process can be as simple,
straightforward and seamless as possible. For mortgages that get you moving, visit
ihmvcu.org/StartHere.
Estate Planning Seminar
An Overview of Will, Trusts, and More
Many people assume that Revocable Living Trusts are just for the wealthy, but the benefits that they
can offer to the average person are significant.
Estate planning should be approached in the same manner that you would approach any other
important decision in your life. It’s important to understand the main benefits that a Revocable Living
Trust offers over a Last Will and Testament, when deciding whether or not to set one up as part of your
estate plan.
Estate planning is about getting the right legal documents in place to plan for the possibility of mental
incapacity and death. Learn all about the essential estate planning documents, including Last Will and
Testaments, Revocable Living Trusts, Irrevocable Trusts, and more at this seminar.
Estate Planning Seminar
Wed., Aug. 6, 5:30 p.m.
Moline Public Library
3210 41st Street
Quad City River Bandits
Wednesday home games, members can receive up to
two FREE tickets with the purchase of an adult general
admission.
Mortgage Document Checklist
Employment information (name, address
and phone number) for the past 2 years
Current pay stubs (past 2 months)
Federal tax returns (past 2 years)
W2s (past 2 years)
Current 401(k) statement (if applicable)
Current bank statements (past 2 months)
Hope for
Prophetstown Strong
On July 15, members of the Prophetstown community gathered
at Eclipse Square to commemorate the one year anniversary of
the fire that destroyed seven historic buildings on Main Street.
Along with a cookout and ceremony lead by local pastor,
Cheri Stewart, representatives from IH Mississippi Valley Credit Union
got involved by officially breaking ground for a new
Prophetstown Branch.
The project is supported by both the Prophetstown City Council
and Prophetstown Main Street Association.
“We’ve been serving the Prophetstown community for more than
10 years,” says Dennis Hall, president of IH Mississippi Valley
Credit Union. “When we learned of the devastating fire on Main
Street, we were committed to helping the recovery efforts.”
This branch will be the first step of many to rebuild Prophetstown
Main Street and bring life back to a strong and resilient community.
Reserve your spot for the FREE
seminar today. Call Christina Cress
at (309) 793-6200, ext. 80685
or register online at
ihmvcu.org/seminar.
Thursday home games, members can receive one
FREE ticket with the purchase of a general admission ticket.
IHMVCU Ferris Wheel Fast Pass
Skip to the front of the line for the Ferris Wheel at Modern
Woodmen Park with the IHMVCU Fast Pass
Free Swim Thursdays
Every Thursday in July, members can receive one FREE
admission with purchase of a general admission
ticket to area pools.
Splash Landing, Bettendorf
Annie Wittenmyer Aquatic Center, Davenport
DeWitt Aquatic Center, DeWitt
East Moline Municipal Pool, East Moline
Lakeside Water Park, Galesburg
Riverside Pool, Moline
Prophetstown Park District Pool, Prophetstown
White Water Junction, Rock Island
Monmouth Municipal Pool, Monmouth
West Burlington Pool, West Burlington
Milan Sprayground, Milan
Mississippi Valley Fair FREE Parking
Don’t let the hassle of parking get in the way of your fun! IHMVCU
members can get FREE parking at Davenport West High School
during the Mississippi Valley Fair, July 29 – Aug. 3.
Six Flags: Great America in July
IHMVCU members can receive half priced tickets to Six Flags:
Great America in Gurnee, IL. Discount applies to the following
dates: July 19-20, and 26-27. Get all the details at
ihmvcu.org/ma.
RME Live at 5
Enjoy this FREE summer concert series presented by the
River Music Experience every Friday (July-Sept.) from 5-7
p.m. in the RME Courtyard. IHMVCU is proud to sponsor
Minus Six on Fri., Aug. 8.
Adventureland and Wisconsin Dells
IHMVCU members are able to receive discounted tickets to
Adventureland in Des Moines and Wisconsin Dells. Visit
ihmvcu.org/ma to learn how to claim your discount.
COMING SOON!
SUMMER 2014 | PAGE 2
Cash for Class
Scholarship Recipients
Summer is all about having fun, and IHMVCU’s annual
member advantages are here to help get you there! Why?
Because YOU’RE WORTH MORE!
If you took out a mortgage or refinanced your home in the last five years, there may have been more
questions or requests for information. It may take a little more effort than in the past, but it’s one of the
ways we ensure you get a mortgage that fits your life and budget.
Your first step in the mortgage process is to understand all of your options – before, during and after
the purchase –and talking to our mortgage experts will help you do just that. In most cases, a 20-minute
conversation and supporting documentation can get you pre-approved. It does take time to pull together
pay stubs, tax returns, W2s and bank statements, but this documentation not only protects the credit
union, but it protects you too.
Get the Most Out of
Your Summer
IHMVCU awarded $22,000 in scholarships to credit union members
for the 2014 – 2015 school year at an awards dinner in May. The 22
recipients were chosen from more than 250 applications, a record amount.
This year’s recipients and the schools they’ll attend are pictured
left to right:
First Row
Kendal Ritchie, Davenport, will attend the University of Iowa
Kristina Todorovic, East Moline, will attend Black Hawk College
Kristen Highfill, Milan, will attend Southern Illinois University
Dena Mayhew, Gilson, will attend Monmouth College
Esmeralda Jinez, East Moline, will attend the University of Wisconsin
Jessica Moon, East Moline, will attend Valparaiso University
Amanda DeVilder, East Moline, will attend Black Hawk College
Gina Meier, Davenport, will attend Western Illinois University
Second Row
Aidan Connolly, DeWitt, will attend the University of Nebraska
Angela Salazar, LeClaire, will attend the University of Phoenix
William O’Brien, Moline, will attend Illinois State University
Shakisha Grays, Galesburg, will attend Carl Sandburg College
Kevin Hauger, Sherrard, will attend the University of Illinois
Zachary Inskeep, Prophetstown, will attend Black Hawk College
Josie Nickas, Woodhull, will attend Western Illinois University
Sydney Bigger, Media, will attend Kansas State University
Sarah Gorzney, Davenport, will attend the University of Northern Iowa
Not pictured:
Rachael Allaman, Oquawka, will attend Greenville College
Calvin Denecke, Macomb, will attend Illinois State University
Shyan Dessing, Prophetstown, will attend Western Illinois University
Rebecca Gillen, Monmouth, will attend St. Ambrose University
Adrian Templeton, DeWitt, will attend the University of Iowa
All discounts require proof of membership. Be sure to
visit ihmvcu.org/ma or our Facebook events page at
facebook.com/myihmvcu for more details.
SUMMER 2014 | PAGE 3
Navigating the Mortgage Process Post 2008
We’ve heard enough about the 2008 mortgage crisis to last a lifetime, but the long and the short of it is
bad underwriting and poor documentation led to a lot of foreclosures and individuals upside down on
their homes.
It’s also important to know that IHMVCU retains servicing on nearly all mortgage loans. So when you
have questions after the purchase, we can help with that too.
Buying a house may seem daunting, but with the right financial partner the process can be as simple,
straightforward and seamless as possible. For mortgages that get you moving, visit
ihmvcu.org/StartHere.
Estate Planning Seminar
An Overview of Will, Trusts, and More
Many people assume that Revocable Living Trusts are just for the wealthy, but the benefits that they
can offer to the average person are significant.
Estate planning should be approached in the same manner that you would approach any other
important decision in your life. It’s important to understand the main benefits that a Revocable Living
Trust offers over a Last Will and Testament, when deciding whether or not to set one up as part of your
estate plan.
Estate planning is about getting the right legal documents in place to plan for the possibility of mental
incapacity and death. Learn all about the essential estate planning documents, including Last Will and
Testaments, Revocable Living Trusts, Irrevocable Trusts, and more at this seminar.
Estate Planning Seminar
Wed., Aug. 6, 5:30 p.m.
Moline Public Library
3210 41st Street
Quad City River Bandits
Wednesday home games, members can receive up to
two FREE tickets with the purchase of an adult general
admission.
Mortgage Document Checklist
Employment information (name, address
and phone number) for the past 2 years
Current pay stubs (past 2 months)
Federal tax returns (past 2 years)
W2s (past 2 years)
Current 401(k) statement (if applicable)
Current bank statements (past 2 months)
Hope for
Prophetstown Strong
On July 15, members of the Prophetstown community gathered
at Eclipse Square to commemorate the one year anniversary of
the fire that destroyed seven historic buildings on Main Street.
Along with a cookout and ceremony lead by local pastor,
Cheri Stewart, representatives from IH Mississippi Valley Credit Union
got involved by officially breaking ground for a new
Prophetstown Branch.
The project is supported by both the Prophetstown City Council
and Prophetstown Main Street Association.
“We’ve been serving the Prophetstown community for more than
10 years,” says Dennis Hall, president of IH Mississippi Valley
Credit Union. “When we learned of the devastating fire on Main
Street, we were committed to helping the recovery efforts.”
This branch will be the first step of many to rebuild Prophetstown
Main Street and bring life back to a strong and resilient community.
Reserve your spot for the FREE
seminar today. Call Christina Cress
at (309) 793-6200, ext. 80685
or register online at
ihmvcu.org/seminar.
Thursday home games, members can receive one
FREE ticket with the purchase of a general admission ticket.
IHMVCU Ferris Wheel Fast Pass
Skip to the front of the line for the Ferris Wheel at Modern
Woodmen Park with the IHMVCU Fast Pass
Free Swim Thursdays
Every Thursday in July, members can receive one FREE
admission with purchase of a general admission
ticket to area pools.
Splash Landing, Bettendorf
Annie Wittenmyer Aquatic Center, Davenport
DeWitt Aquatic Center, DeWitt
East Moline Municipal Pool, East Moline
Lakeside Water Park, Galesburg
Riverside Pool, Moline
Prophetstown Park District Pool, Prophetstown
White Water Junction, Rock Island
Monmouth Municipal Pool, Monmouth
West Burlington Pool, West Burlington
Milan Sprayground, Milan
Mississippi Valley Fair FREE Parking
Don’t let the hassle of parking get in the way of your fun! IHMVCU
members can get FREE parking at Davenport West High School
during the Mississippi Valley Fair, July 29 – Aug. 3.
Six Flags: Great America in July
IHMVCU members can receive half priced tickets to Six Flags:
Great America in Gurnee, IL. Discount applies to the following
dates: July 19-20, and 26-27. Get all the details at
ihmvcu.org/ma.
RME Live at 5
Enjoy this FREE summer concert series presented by the
River Music Experience every Friday (July-Sept.) from 5-7
p.m. in the RME Courtyard. IHMVCU is proud to sponsor
Minus Six on Fri., Aug. 8.
Adventureland and Wisconsin Dells
IHMVCU members are able to receive discounted tickets to
Adventureland in Des Moines and Wisconsin Dells. Visit
ihmvcu.org/ma to learn how to claim your discount.
COMING SOON!
SUMMER 2014 | PAGE 2
Cash for Class
Scholarship Recipients
Summer is all about having fun, and IHMVCU’s annual
member advantages are here to help get you there! Why?
Because YOU’RE WORTH MORE!
If you took out a mortgage or refinanced your home in the last five years, there may have been more
questions or requests for information. It may take a little more effort than in the past, but it’s one of the
ways we ensure you get a mortgage that fits your life and budget.
Your first step in the mortgage process is to understand all of your options – before, during and after
the purchase –and talking to our mortgage experts will help you do just that. In most cases, a 20-minute
conversation and supporting documentation can get you pre-approved. It does take time to pull together
pay stubs, tax returns, W2s and bank statements, but this documentation not only protects the credit
union, but it protects you too.
Get the Most Out of
Your Summer
IHMVCU awarded $22,000 in scholarships to credit union members
for the 2014 – 2015 school year at an awards dinner in May. The 22
recipients were chosen from more than 250 applications, a record amount.
This year’s recipients and the schools they’ll attend are pictured
left to right:
First Row
Kendal Ritchie, Davenport, will attend the University of Iowa
Kristina Todorovic, East Moline, will attend Black Hawk College
Kristen Highfill, Milan, will attend Southern Illinois University
Dena Mayhew, Gilson, will attend Monmouth College
Esmeralda Jinez, East Moline, will attend the University of Wisconsin
Jessica Moon, East Moline, will attend Valparaiso University
Amanda DeVilder, East Moline, will attend Black Hawk College
Gina Meier, Davenport, will attend Western Illinois University
Second Row
Aidan Connolly, DeWitt, will attend the University of Nebraska
Angela Salazar, LeClaire, will attend the University of Phoenix
William O’Brien, Moline, will attend Illinois State University
Shakisha Grays, Galesburg, will attend Carl Sandburg College
Kevin Hauger, Sherrard, will attend the University of Illinois
Zachary Inskeep, Prophetstown, will attend Black Hawk College
Josie Nickas, Woodhull, will attend Western Illinois University
Sydney Bigger, Media, will attend Kansas State University
Sarah Gorzney, Davenport, will attend the University of Northern Iowa
Not pictured:
Rachael Allaman, Oquawka, will attend Greenville College
Calvin Denecke, Macomb, will attend Illinois State University
Shyan Dessing, Prophetstown, will attend Western Illinois University
Rebecca Gillen, Monmouth, will attend St. Ambrose University
Adrian Templeton, DeWitt, will attend the University of Iowa
All discounts require proof of membership. Be sure to
visit ihmvcu.org/ma or our Facebook events page at
facebook.com/myihmvcu for more details.
SUMMER 2014 | PAGE 3
PRESORTED
STANDARD
U.S. POSTAGE
PAID
ROCK ISLAND, IL
PERMIT NO. 27
P.O. Box 1010
Moline, IL 61266
Summer
THIS ISSUE
Online Branch Upgrade........................................................Page 1
2014
Navigating the Process Post 2008.......................................Page 2
Prophetstown Groundbreaking............................................Page 2
Summer Advantage..............................................................Page 3
Cash for Class Scholarship Recipients.................................Page 3
Kewanee Merger..................................................................Page 4
Short Takes..........................................................................Page 4
Coming Soon: Online Branch Upgrade
for More Power and Control
Federally Insured by NCUA
Equal Housing Lender | NMLS ID 463074
We’re excited to announce that we’ll be upgrading Online Branch this fall to bring you a more
powerful experience than ever before.
CAFCU Merges with IHMVCU
Short Takes
Upcoming Holiday Hours
On June 5, members of Compaction America
Federal Credit Union (CAFCU) voted by more
than 90 percent to merge with IHMVCU.
“With the announcement by BOMAG to close
the Kewanee plant, CAFCU was faced with
a difficult decision about providing future
services to our membership,” said Marc
Murray, CAFCU Board President. “As a result,
the Board of Directors and I felt the best
opportunity for the credit union was to merge
with IH Mississippi Valley Credit Union.”
“IHMVCU is about improving the financial well-being of the communities we serve,” said Dennis Hall,
IHMVCU President. “We’re excited for this opportunity and look forward to serving our newest members,
and supporting the Kewanee community.”
In addition, IHMVCU will open a new branch in Kewanee to serve the combined membership.
Construction details and timelines are still being finalized.
“The CAFCU board and I are extremely pleased the membership has approved this merger, and we look
forward to the great opportunities that lie ahead for our staff and members,” said Murray.
SUMMER 2014 | PAGE 4
All IHMVCU branches will be closed on
Mon., Sept. 1 in observance of Labor Day.
Online Branch is available 24 hours a day,
7 days a week for your convenience at
ihmvcu.org.
Upcoming Events
Aug. 9
Prophetstown
Movie in the Park
Aug. 23 Silvis Moonlight Parade
Aug. 30 Kewanee Hog Days Festival
Parade
Sept. 3
Warren County Prime Beef
Festival Parade
Money Smarts Blog
Stay on top of your financials with the
latest tips and tricks at ihmoneysmarts.com.
And don’t forget to check back for a new post
every Wednesday!
The new system will deliver the latest in smart technology to simplify, speed up and centralize
your financial management tasks for convenient one-stop, nonstop access. It’s the future of
banking and it’s almost here.
We’ll provide you with more detailed information in the coming weeks, but here’s a
sneak peek of some of the new features:
• Budgeting tools
• Spending tracker
• Mobile Bill Pay
• Member-to-Member Transfers
• External Transfers
• Remote deposit capture
with your mobile phone
(coming November 2014)
Attention
Online Branch Users
Before we switch things over, all Online Branch users
need to update their Login ID by July 31. For security
reasons, the new system
does not allow for account
numbers or social security
numbers as Login IDs.
You can change your
Login ID in five
easy steps
1.
2.
3.
4.
5.
Login to Online Branch
Select Security under Preferences
Click the Login ID tab
Enter your new Login ID
Click Submit Login ID Change
A couple of things to remember
when creating your new Login ID.
• Must be at least 6 - 20 characters
• Must contain letter(s) and number(s)
• Can contain the following special characters:
@$*_-=.!~
• Cannot contain spaces
• Cannot be all numbers
SUMMER 2014 | PAGE 1