Credit Union News
January 2012
2011 TAX INFO
1099-INT (dividend) AND 1098’s (mortgage interest) will be included with your End of Year Statement.A separate mailing will NOT be sent.
Remember, you can view statements through Home Teller.
****You will not receive a
1099-INT if you do not earn
more than $10 in interest.
**** You will not receive a
1098 if you did not pay more
than $600 in interest.
If you have questions, please contact us at 801-364-5717.
Joints & Beneficiaries
Please check your accounts and make sure that you have the joint owners and/ or beneficiaries that you want listed.If you have questions about joints and/or beneficiaries, please call the Credit Union at 801-364-5717 and we can help you.
**It’s important that you make sure you have a joint or beneficiary you want listed on your account or funds will not be dispersed the way you want.
Also for deceased members account, if we do not have anyone listed on the account the money will be sent to the state as unclaimed property.
Need money to pay taxes or to plan a vacation?
We are offering the following special loans:
1 year $1,000
@ 9% APR* oac**
1 Year $2,000
@ 10% APR* oac**
Just call the credit union for more information or apply online with our online applications.
*Annual Percentage Rate
** On Approved Credit
GREAT NEWS!!
We now have our VISA credit card applications online. If you would like to apply for one, go to Loan Applications, then click on Visa Credit Cards.Quarterly Dividends
The Board of Directors voted to pay a dividend of 0.250% annual percentage yield for the quarter ending December 31, 2011 on SHARE savings accounts. The dividend on IRA accounts will be 0.752% APY. The dividend on DRAFT accounts over $500 will be 0.150% APY. The calculation is based on the daily balance of your account during the quarter. The dividend will be paid on December 31, 2011.Legal note: Federal regulations prohibit payment of dividends in excess of available earnings. Your savings are insured up to $250,000 by NCUA, National Credit Union Administration, a US Government Agency.
Try out Mobile Teller!
You can use your cell phone to access your account. Click here for more information.
For lost or stolen VISA Credit or Debit cards
please call 1-800-543-5073 ASAP!
Holidays Observed
We will be closed in observance of the following holidays.
New Year's
Monday, January 2, 2012
Martin Luther King Day
Monday, January 16, 2012
Presidents Day
Monday, February 20, 2012
Please remember that any automatic payments, withdrawals, and direct deposits will NOT be posted on the days that the Credit Union is closed. All automatic transactions will be posted the following business day.
Remember, we would never contact you through email or text message for personal information on your account.
