ECU INSIGHTS

APRIL 2016

ECU Awards $9,000 in ScholarshipsECU awarded six $1,500 scholarships to deserving graduates. The scholarship committee reviewed every applicant based on academic achievements, co-curricular and extra curricular activities, community service and financial need. Recipients attend the college or university of their choice and scholarships are paid directly to the school.

2016 recipients were recognized and awarded at the Annual Meeting held on March 28th. Those honored were: Ian Knight from Franklin High School, Molly Majors from Midway High School, Alicia Martinez from University High School, Samantha Scott from Robinson High School, Whitley Sepulveda from Bosqueville High School and Jordan Stroope from McGregor High School. (pictured below from left to right).

ECU’s Platinum MasterCard carries benefits and privileges other cards don’t.

• Low Interest Rates• No Annual Fee• Zero Fraud Liability• Travel Assistance Services - such as travel accident insurance policy coverage and baggage delay benefits• Master RoadAssist - should you need to be towed• MasterCard’s Purchase Assurance

Compare our rates to what you are currently paying. Applying is easy; simply stop in to one of our branches to fill out an application.

Benefits of a Platinum Card

As a member-owned not-for-profit cooperative, Educators Credit Union’s mission is to provide you with affordable financial services. Unlike banks that are beholden to a profit-seeking board of directors, our surplus earnings come right back to you.

While banks continue to raise fees on checking accounts, ATM use, and overdrafts, ECU still offers no- or low-fee checking accounts, with no- or low-minimum balance requirements. Here are more reasons it pays to open a checking account at Educators Credit Union:

• Interest-earning checking• Direct-deposit incentives• One free box of checks per year*• Discounted Safety Deposit Box option*• Free notary service

Why lose your hard-earned money to monthly fees at banks or expensive check cashing programs?Call us today at 254-776-7900—and exercise your right as a member to low-cost, flexible checking options.

*Offered with Direct Choice and Club 55 checking accounts.

Auto Loans

Home Equity Loans

Personal Loans

rates as low as 1.99% APR1

1APR = Annual Percentage Rate. Rate is based on credit rating and is subject to normal credit approval. Rates are subject to change without notice. Rate is for a 63-month term, 2010 model or newer Certain restrictions apply.

rates as low as 3.05 % APR2

2APR = Annual Percentage Rate. Rate is based on credit rating and is subject to normal credit approval. Rates, terms and conditions are subject to change without notice. Minimum loan amount is $25,000. Rate is for a 10-year term. Excludes existing ECU loans. Certain restrictions apply. Equal Housing Lender.

rates as low as 9.00% APR3

3APR = Annual Percentage Rate. Rate is based on credit rating and is subject to normal credit approval. Rates subject to change without notice.

It Pays to Open a Checking Account With ECU

Employees Receive Service Awards at Annual Meeting

“These employees represent 101 years of service to ECU and our members. We are very proud of each employee and thank them for their dedicated service to Educators Credit Union.”

Joe HutyraPresident/CEO

Monica KrenekVP of Lending

25 years

Chris BeckmanCopperas Cove Manager

20 years

Carol BaileyTeller Supervisor

15 years

Margaret SmitheyLoan Receptionist

10 years

Melissa VohlLoan Audit

10 years

Angela UriveLoan Processor

Marlin Office5 years

Robert JacksonLoan Processor

5 years

Lucinda SeymoreLoan Compliance

5 years

Maricela BotelloAccount ServicesRobinson Office

3 years

John Mark McKethanAccounting

3 years

Members have saved over $1.4 billion with Love My Credit Union Rewards.

LOVE MYCREDIT UNIONREWARDS

Start saving today at LoveMyCreditUnion.org

Locations: Main Office - 501 W. State Hwy 6 • 254-776-7900TSTC Office - 100 Bolling Dr. • 254-799-8946Hewitt Office - 501 Hewitt Dr. • 254-666-7711Lake Shore Office - 2400 W. Lake Shore Dr. • 254-752-1815Robinson Office - 641 N. Robinson Dr. • 254-662-9595Marlin Office - 1210 Live Oak • 254-803-5290Gatesville Office - 306 S. Lovers Ln • 254-865-8664Copperas Cove Office - 201 E. Robertson Ave. • 254-547-4411Trojan Branch at UHS - 3201 South New Rd. • 254-756-1843 x2019

Audio Response: Online:254-751-5871 www.edcu.com1-800-460-1331

Holiday Closings: Memorial Day - Monday, May 30th Independence Day - Monday, July 4th

Every year ECU sends funds to the state from accounts which are inactive. In the state of Texas, an account is considered inactive after one year if no transactions are completed on the account. After three years of inactivity, the funds in those accounts are sent to the state. To keep your account from becoming inactive be sure to make a deposit or withdrawal from your account at least once a year.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States government. National Credit Union Administration, a U.S. Government Agency

Inactive Accounts

ECU will provide information on the following docu-ments on request:

1. A summary of the most recent annual audit2. The most recent statement of financial condition3. IRS Form 990 report4. Articles of Incorporation5. Bylaws and Rules

Requests must be made in person, by a member of legal age, at ECU’s main office located at 501 W. State Hwy 6 in Waco.

Notice of Availability of Documents

ATTENTION C.U.B. AND TEAM MEMBERS!

Visit ECU during the month of April to help us celebrate National Credit Union Youth Month. Get Credit Union Strong at ECU by saving your money in your savings account. Stop by any ECU and make a deposit to your C.U.B. or TEAM account to:• be entered in the National Savings Challenge and• be entered to win one of five $20 prizes.*

Remember, ECU membership is open to all your family members.

*One entry per account number per day.

April National Credit Union Youth Month

May 9-13 Midway Middle School Art Show Art will be on display at the Hewitt Branch

July 1 Member Appreciation Day Hot dogs and Drinks will be given out at the Main Office from 11 a.m. - 3 p.m.

Upcoming Events

Do we have your correct address and phone num-ber? Please keep your contact information up-to-date at the credit union. Should there be any issues concerning your account, we need good contact information in order to reach you.

Keep your Address Updated