Board of Directors
Credit Union Staff
Monday - Friday
8:30 AM-4:00 PM
Assistant Loan Manager
8:30 AM-4:00 PM
Thursday & Friday
8:30 to 12 noon
5211-A Paint Branch Parkway
College Park, MD 20740
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 2007 election. The meeting will be held at 10:00 a.m., on April 26, 2007, at the PRA auditorium, 6600 Kenilworth Ave. Riverdale, 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, Chairman of the Supervisory Committee, and the Election Committee consisting of Diane Jeffries, Joan Barbour, Jeff Newhouse, Pamela Jackson-Vaughn Graves, Mindy Carey, Andy Siedlarczyk, Benita Henderson, Ramona Hill, and Bert Vito.
We sadly bid farewell to John Lazzari who is leaving us to retire (really). As many of you know, John retired from the Commission in 1996 and came to work with us at the Credit Union. It has been our pleasure to work with John, and we, as well as the members, will miss him. Thanks, John, for all of your help, team-work, and humor. We look forward to occasionally working with you in the future.
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:
ENTER OUR CONTEST!!!
Call or stop by one of our offices and check your account. Make sure that your address, phone number, work location, beneficiary, joint owner, etc are current. If you do this during the month of May, you will be entered in our contest. If your name is chosen you will win a $50.00 VISA gift card or the funds will be posted to your account, whichever you prefer.
MAKE SURE YOU CALL TO CHECK YOUR ACCOUNT!! IT IS VERY IMPORTANT THAT WE HAVE CURRENT, CORRECT INFORMATION ON YOU.
UPCOMING HOLIDAY OFFICE CLOSINGS
|Thursday, April 26, 2007
||Offices closed for the Annual Meeting
|Tuesday, May 8, 2007
||Offices closed for Fitness Day
|Monday, May 29, 2007
|Wednesday, July 4, 2007
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 1ST QUARTER, ENDING
March 31, 2007, 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)
6.50% for 48 months
7.00% for 60 months
7.25% 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)
7.25 for 48 months
7.50 for 60 months
depends on model year. Up to 7
model years old. (2000 or newer)
Not to exceed invoice price
|Hybrid Vehicle Loan
||100% financing available including tax, title, and extended waranties
||5.25% for 36 months - (or less)
5.50 for 48 months
6.00 for 60 months
|Environmentally friendly electric vehicles.
Tax advantages may apply
||Up to balance in savings
||3% over current dividend rate (loan rate currently 3.75%)
||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 currently7.75% through
June 30, 2007)
|Borrow against your home.
|Up to $3,000
||10.00% 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.