THE CREDIT UNION WILL BE CLOSED ON MONDAY, FEBRUARY 15, 2010 IN HONOR OF PRESIDENT'S DAY.
TELLY IS HERE!
Telly the Turtle Kids Savings Account has arrived! For New Members ages Birth to 12 years of age.
The account is geared to teach children the value of saving. As kids bring in their own savings to deposit they will earn "credits" that they can accumulate to later redeem for prizes. (Direct deposits do not qualify for prizes). Ask us for details by calling (315) 724-5133 today!
SAVE THE DATE!
Annual Meeting will be Thursday, April 22, 2010. Join us to celebrate 53 years of "People helping People".
IT IS IRA TIME
An individual retirement account, or IRA, is a personal savings plan which allows you to set aside money for retirement, while offering you tax advantages. You may be able to deduct some or all of your contributions to your IRA. You may also be eligible for a tax credit equal to a percentage of your contribution. Amounts in your IRA, including earnings, generally are not taxed until distributed to you. IRA's cannot be owned jointly. However, any amounts remaining in your IRA upon your death can be paid to your beneficiary or beneficiaries.
To contribute to a traditional IRA, you must be under age 70 1/2 at the end of the tax year. You, and/or your spouse if you file a joint return, must have taxable compensation, such as wages, salaries, commissions, tips, bonuses, or net income from self–employment. Taxable alimony and separate maintenance payments received by an individual are treated as compensation for IRA purposes.
Compensation does not include earnings and profits from property, such as rental income, interest and dividend income or any amount received as pension or annuity income, or as deferred compensation. For more information visit the following website:
http://www.irs.gov/taxtopics/tc451.html
For information regarding Roth IRAs and the 2010 changes regarding converting from Traditional to Roth, visit the following website.
The Credit Union offers Traditional, Roth and the Coverdell (Education) IRAs. Call and ask for details (315) 724-5133
SAVE SOME GREEN. ASK ABOUT CONSOLIDATING YOUR HOLIDAY DEBT. WE CAN SAVE YOU AND YOUR FAMILY MONEY AND PAY OFF YOUR HIGH-INTEREST CREDIT CARD BILLS.
Loan application subject to approval. Call (315) 724-5133 and ask to speak to Tony.
How well protected are your dreams? Payment protection on your next loan can help protect you and your family. Ask us how!!!
CREDIT UNION FAMILY. LET US COME TOGETHER AS ONE TO CELEBRATE THE MILESTONES ACHIEVED BY ONE OF OUR OWN!
The Winter Olympics in Vancouver is just around the corner. The Board of Directors and staff at the Credit Union would like to acknowledge all past and future accomplishments of our own Erin Hamlin. Erin captured the Gold Medal for the United States in the 41st World Championships in Lake Placid last February. Erin is looking to capture the Gold again in February at the Olympic Games. Here's to you Erin....We are all so very proud of you. Below is one of many links featuring Erin.
Audio Response (24 Hour, 7 Days a Week) 1-800-806-7923
Report Lost/Stolen VISA Debit card: 1-888-241-2510
Report Lost/Stolen VISA Credit card: 1-800-543-5073
IMPORTANT CHANGE
Perhaps you've heard or read about Check 21, and are wondering what it's all about. For many, it may mean more bounced checks, as float essentially disappears, and creates a new negotiable instrument called a "substitute check".
The Check Clearing for the 21st Century Act (Check 21) will cut the time it takes a check to clear from days to hours. If you need to change your checking habits, do so before it is too late. Consider signing up for Home Banking!
To make check processing faster, federal law permits banks and credit unions to replace original checks with "substitute" checks. These checks are similar in size to original checks with a slightly reduced image of the front and back of the check. You may use these checks as proof of payment just like the original check. If you request a copy of a check, it may be a substitute. Look for full disclosure in the near future.
*IMPORTANT* The credit union will never generate a phone message telling you your credit or debit card has been compromised and ask you to key in your PIN number to verify your identity. There are many scams out there and they are hoping you will fall prey to their phishing scam. NEVER give your information to anyone regarding your cards.
