Board of Directors
Credit Union Staff
Main Branch PRA
Monday - Friday
8:30 AM-4:00 PM
Assistant Loan Manager
8:30 AM-4:00 PM
Thursday & Friday
8:30 to 12 noon
BRANCH / PRA BUILDING
6600 Kenilworth Avenue
Riverdale, MD 20737
2000 Shorefield Road
Wheaton, MD 20902
COME ONE, COME ALL!!!
It’s time for our Annual Meeting, and all members are invited. Come hear what’s been going on at your Credit Union, and see what’s in store for the coming year! We will also be announcing the winners of the 2006 election. The meeting will be held at 10:00 a.m., on April 26, 2006, at the beautiful Brookside Gardens, 1800 Glenallan Avenue, Wheaton, MD. Mark your calendars, plan to attend, enjoy some refreshments, and maybe win a door-prize! Many thanks for a great job go to Pat Deavers and the Election Committee consisting of Diane Jeffries, Lawanna Houchens, Joan Barbour, Jeff Newhouse, Lynn Kelly, Pamela Jackson-Vaughn Graves, Mindy Carey, and Andy Siedlarczyk, Bonita Henderson, Ramona Hill, Portia Smith, and Bert Vito.
Your Credit Report is your responsibility. Please make sure that you check your Credit Report annually. If necessary, make corrections to the report. This will save you time and trouble when and if you apply for loans, not just with us, but with others. The numbers are as follows:
- TIPS FOR PROTECTING YOUR IDENTITY
There are some basic steps you can take to reduce the risk of becoming a victim. We will be sharing some of these tips in this and following newsletters.
- Be careful about giving out your personal information. Start by adopting a “need to know” approach to your personal data. The more information on your personal bank checks, such as your Social Security or home phone number, the more personal data is going to people who may not need that information.
- Telephone offers that ask for personal data, such as your Social Security Number, credit card information, or mother’s maiden name, may not be legitimate. Ask them to send you a written application form. If they won’t do it, tell them you’re not interested and hang up.
- Consider having a separate credit card for on-line transactions, with a small maximum balance.
- Get the name of the person that took your card info when making purchases over the phone.
- Any time you need to pass personal financial information to a person you are phoning, don’t do it where anyone else can hear you.
- If you are going to be traveling, have your mail held at the post office, or ask someone you know well and trust to collect and hold your mail while you are away.
These tips were provided by Board Member, Mike Wynnyk.
Watch the following newsletters for more information to protect yourself.
UPCOMING HOLIDAY OFFICE CLOSINGS
Wednesday, April 26, 2006 Offices closed for the Annual Meeting
Tuesday, May 9, 2006 Offices closed for Fitness Day
Monday, May 29, 2006 Offices closed
Tuesday, July 4, 2006 Offices closed
ATTENTION ATTENTION ATTENTION ATTENTION ATTENTION
Please make sure that all of your information with the Credit Union is current so that we can ensure your business gets to you in a timely fashion.
When you consolidate your debts via a Credit Union consolidation loan or other
Credit Bureau should be contacted to verify that the changes to your credit report
have been made.
The Credit Bureau used by your Credit Union is:
PO BOX 740241
ATLANTA, GA 30374-0241
THE DIVIDENDS FOR THE 4TH QUARTER, ENDING
March 31, 2006, ARE AS FOLLOWS:
Regular Share and
are calculated by the average Daily balance in the account for the period. APY
is Annual Percentage Yield. Dividends will be compounded every quarter. You must
maintain a minimum average daily balance of $100 in your account to obtain the
disclosed annual percentage yield.
up to $100,000 by the National Credit Union
Association (NCUA), an agency of the Federal Government.
to $20,000 (with length of service requirement)
vacation, investments, home improvements, furniture, etc. 30% of the original
loan must be paid before refinancing or borrowing additional funds.
to $15,000 (with length of service requirement)
of credit with interest rates less than most credit cards.
to $45,000 (100% of vehicle)
for 36 months - (or less)
6.00% for 48 months
6.50% for 60 months
6.75% for 72 months*
cars, boats, campers, trucks, motorcycles, and airplanes.
* (min. of $25,000)
financing available including tax, title, and extended waranties
for 36 months - (or less)
6.75 for 48 months
7.00 for 60 months
depends on model year. Up to 7
model years old. (1998 or newer)
Not to exceed invoice price
|Htbrid Vehicle Loan
||100% financing available including tax, title, and extended waranties
||4.75% for 36 months - (or less)
5.00 for 48 months
5.50 for 60 months
|Environmentally friendly electric vehicles.
Tax advantages may apply
||Up to balance in savings
||2% over current dividend rate (loan rate currently 2.75%)
||Frozen shares is your collateral against loan amount.
Home Equity Loan Program (HELP)
|Up to $150,000 based on equity in your home
||Prime in Jan. & July (loan rate currently6.75% through June 30, 2006)
||Borrow against your home.
|Up to $3,000
||9.5%0 up to 24 months
|Must have 5 years tenure with employer
|All rates are subject to change and reviewed monthly by the Board of Directors.
New Account Fee
New Account closing within 6 months of opening
Holiday Club withdrawals prior to the one-time annual distribution
Minimum daily balance below $100 and no activity for 1 year or more
Stop Payment on Corporate Check
Letter of Credit
Check Writing Services to other than account owner
Share Withdrawal - More than 7 withdrawals per quarter
Copies of Share Draft Checks
S/D Stop payment
$10.00 /hour (½ hr. min. at $5.00)
$4.00 per page
$5.00 per check
| Please contact
a MNCPPC Federal Credit Union employee for further
information on applicable fees and terms at the Credit Union office.
Rates subject to change without notice.