T ip$ and Tale$

A monthly publication

3700 10th Street, P.O. Box 367, Menominee, MI 49858-0367 906-863-5382

7126 County 426 M.5 Road, P.O. Box 717, Escanaba, MI 49829-0717 906-786-2732 / 888-547-2732

301 North 30th Street, P.O. Box 717, Escanaba, MI 49829-0717 906-789-6400 / 888-791-6420 October 2012 Volume 47 Issue 10

www.peninsulafcu.com

October 18, 2012

CREDIT UNION DAY

Come and celebrate with us!

INTERNATIONAL CREDIT UNION WEEK OCTOBER 14-20, 2012

5 WAYS TO WIN $100 *Open a new Save-to Win CD and be entered into a drawing for a $100 deposit into your new CD.

*Open a new Credit Card account and be entered into a drawing for us to pay $100 toward your first

bill.

*Open a new Loan, and be entered into a drawing for us to pay $100 toward your first payment.

*Switch to e-statements and you will be entered into a drawing for a $100 VISA gift card.

*Any new membership opened will qualify to receive the $5 membership fee deposited by the

credit union. You will also be entered into a drawing for $100 cash to be deposited into your new

savings account.

All branch offices will have a drawing for a $50 VISA gift card!!

Popcorn & soda will be served at all 3 locations!

Win me during Credit Union Week

Menominee Member Appreciation Day Friday October 19, 2012

Our Menominee location will be celebrating

Member Appreciation Day in conjunction with

Credit Union Week.

Join us for some fall treats all week and enter to win one

of three movie gift baskets and the grand prize of a

32’ LCD TV.

We look forward to celebrating YOU, the member!

Our VISA is on Santa’s good list!

Help pay for the Ho-Ho-Holidays with our

low rate VISA credit card. Pay less interest

than on retail store cards and earn Scorecard

points!! See inside for more details.

Page 2 Tip$ and Tale$

PRIVATE COLLEGE LOANS: THINGS YOU SHOULD KNOW

1. Turn to Credit Unions—Credit Unions, which are new players in

the private student loan world, almost always provide better interest

rates. Ironically, most people stick with the well-known lenders

even though their rates are typically higher.

2. Apply for multiple loans– At www.alltuition.com, a private college

loan comparison site, parents typically research many loans, but

rarely apply for more than one. Unfortunately, borrowers won’t

know what rate they qualify for unless they apply. It’s well worth

the effort.

3. Don’t assume you’ll get the lowest rate—The teaser rate on private

loans can look much more attractive than federal college loans.

www.finaid.org estimates that fewer than 5% of borrowers capture

the best rate. The difference between the lowest rate and the high-

est rate for an individual lender can be huge.

4. Ask the right questions—Before committing to a private loan, ask

these questions:

- What is the interest rate?

- Is the rate fixed or variable?

- Is there an interest-rate cap?

- What is the total cost of the loan?

- What are the student loan deferment options?

- Are there any additional fees?

- How difficult is it to consolidate loans after

graduation?

- Does the loan offer penalty-free pre-payments?

WOULD YOU LIKE TO SERVE ON OUR

BOARD OF DIRECTORS? The Nominating Committee is now accepting applications for positions on the Board of Directors. These positions will

be voted upon at the February 2013 Annual Meeting. Members of the Credit Union who are interested in running for

these positions should contact a committee member prior to November 1, 2012 Committee members are:

Chairman Gary Thinglum at (906)233-2637 Emil Ogren at (906)786-5836 June Kirschner at (906)280-4820

As volunteers, applicants should be willing to learn about the Credit Union and to devote several hours per month to

fulfill the duties of the position. If your application is not accepted by the

committee, you may also be nominated by petition signed by at least 1% of total membership.

You can be on Santa’s

good list too! Apply for one of our VISA cards

today!

We’ve got cards with NO balance

transfer fees & NO overlimit fees.

LOW RATE VISA—6.50% APR

PLATINUM VISA—7.75% APR

PLATINUM REBUILDER—9.95%

APR

Open a 12-month Save to Win share certificate with at least $25. Keep making deposits into your share

certificate during the 12 months. Every $25 is an entry to win monthly and grand prizes!

Make sure your account is active at the time of the drawing and you must

be a Michigan resident.

See Peninsula Federal Credit Union for all contest details.

Monthly Winners for August 2012

ENROLL IN E-STATEMENTS AND YOU COULD WIN $100 An email message lets you know your statement is

available much sooner than a mailed copy. Our Tips-n-Tales newsletter can still be viewed online at www.peninsulafcu.com.

Sign up by logging into your Home Banking account, select preferences & click on My E-statement options.

CONVENIENT—SAFE—EASY

_________________________________________________________________________________________________________

Page 3 October 2012, Volume 47, Issue 9

Geno Maino

MEMBERS Financial

Services Representative

Just as your lifestyle and goals are different from other people,

so are your financial needs …

MEMBERS Financial Services Program

Located at: Peninsula Federal Credit Union

7126 County 426 M.5 Road, Escanaba, MI

Phone (906) 789-6400 FAX (906) 786-8057 The MEMBERS Financial Services Program is here to help

you address your unique needs. Whether you are just

beginning a family, paying for a child’s education or nearing

retirement, our financial advisors are here to help. Our

retirement, insurance and investment services are designed for

you, our credit union members, in mind. To find out more,

call Geno Maino today!

Representatives are registered, securities are sold, and investment advisory services

offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a

registered broker/dealer and investment advisor. Non deposit investment and

insurance products are not federally insured, involve investment risk, may lose

value and are not obligations of or guaranteed by the financial institution.

CBSI is under contract with the financial institution, through the financial services

p r o g r a m , t o m a k e s e c u r i t i e s a v a i l a b l e t o m e m b e r s . FR120907-6245

Welcome the new Branch Manager!

Kim Kareckas has become the new Branch

Manager of our Menominee Office. Kim has

worked for PFCU for the past 12 years and is a life

long resident of the area. Along with running the

office, Kim is available to help members with loans,

mortgages, IRA’s and various credit union products

and services. Please welcome her when you stop by

the Menominee Office.

Retirement, Insurance & Investments from a Trusted Partner A Message from the MEMBERS Financial Services Program

Trust is everything – especially when it comes to your insurance and investments. That’s why we are honored to have been chosen by Peninsula Federal Credit Union as the financial services partner to serve the needs of members like you. Designed exclusively for credit union members, and located right here at the credit union, the MEMBERS Financial Ser-vices Program Is a full-service financial advisory program. We provide retirement, insurance and investment services to members like you. We’re here to help you and your family through a lifetime of financial planning needs – from those just starting a savings plan, to those with sizable assets looking for more sophisticated management tools. Some of the products and services available include:

As a trusted partner of Peninsula Federal Credit Union, MEMBERS Financial Services Program works in cooperation with your credit union. Therefore, we understand the importance of serving you. We’re affiliated with CUNA Mutual Group, a family of companies owned by and dedicated to credit unions and their members for the past 125 years. Be assured your financial advisor will serve you with the same personalized attention you’ve come to expect from your credit union. Call Geno Maino today for a no-cost, no-obligation appointment. *Representatives are not tax advisors. For more information regarding your specific tax situation, please consult a tax professional. Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Nondeposit investment and insurance products are not federally in-sured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members. B2MM-0806-D177

Retirement Planning

Wealth Management

Education Funding

Mutual Funds

401(k) / Pension Rollovers

Life Insurance

Long-Term Care Insurance

Tax-managed Investing*

Thanking a Long Time Employee!

On behalf of our membership, we would like to

thank our former Menominee Branch Manager,

Debra Doubek, for 25 years of dedicated service to

both the former River Bay Credit Union and to

Peninsula Federal Credit Union.

A WEALTH OF INFORMATION FROM A QUALIFIED SOURCE

VISA GIFT CARD GIVEAWAY By submitting this entry form, you are giving permission

to publish your name in a future issue of

“Tip$ and Tale$” if you are chosen as a winner.

Name

Phone

Let’s Talk Statistics

as of August 2012

Total Assets 113,486,679.93

Total Loans Outstanding 75,341,833.96

Member Share Deposits 98,401,250,31

Number of Members 10,315

New Members in August 72

Tip$ and Tale$ October 2012 Peninsula Federal Credit Union - Lighting the Way!

July Employee Recognition Ann King—13 years Kim Labre—3 years

Kim Kareckas—12 years

August Employee Recognition Michelle Winkelbauer—22 Years

Mary Nelson—8 Years Jayne Peterson—4 Years

September Employee Recognition Pam Jodocy—22 Years Kim Parker —7 Years

Nicki Detiege—5 Years

Employee Spotlight

Nancy Hi, I’m Nancy. I've been employed

with PFCU for 4 1/2 years. I live in

Rapid River, but was born in

Gladstone. I come from a large

family, who mostly all remain in

Gladstone. I am one of 11 children.

I have 2 children: Sam, who is a

senior at Gladstone High School this

year, and a daughter Audrey, who

just turned 29. She works the V.A.

Hospital in Iron Mountain,

Michigan.

I love working at the credit union.

I have great co-workers and they

have embraced me into the financial

“family” atmosphere. I have learned

so much about our community, and

also about myself since being

employed here. It’s a constant

learning experience, which is great

because it helps me grow as a

person.

I appreciate my job and our

Members who make up our credit

union. I plan on being here a long

time!

Pictured L-R: Andrea B., Andrea P., Amanda H. and Jennie G.

The United Way of Delta County kicked off their annual campaign on September 11th with

their tastiest fundraiser, “The Soup’r Chili Challenge.” Peninsula Federal Credit Union staff,

along with other organizations, cooked up and served gallons of Cheesy Potato Soup for the

community to come and enjoy. The theme was “Tailgate Party”. A fun and tummy filling

time was had by all participants and attendees!

Support your local United Way!

Delta County: www.uwdelta.org Menominee County: www.tricityareaunitedway.com

VISA GIFT CARD DRAWING Once a month this Credit Union selects a lucky member to receive a $30.00 VISA Gift Card. Simply fill in this coupon or one available at any of our offices and deposit it in the drawing box. This month’s winner is Judy Racette.

Joe Heller 5K Run/Walk/Dog Walk

PFCU participated in the Delta Animal Shelter fund raiser that was held on Saturday

September 8, 2012. Walkers, runners and their owners helped raise funds for the Delta

Area Animal Shelter. Monies raised will be applied to the day-to-day operations of the

shelter. Always consider adopting a shelter animal into your loving home.

Current pets can be viewed by

logging onto:

www.deltaanimal.org