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Mr. Sanders has over 25 years’ experience in all aspects of credit union operations. He is well known and respected throughout the credit union industry for his work in the Research and Information department of the California and Nevada Credit Union League. Most recently, he was the Senior Compliance Officer for a group
of seven credit unions as part of a shared resources collaboration.
He earned a Bachelor of Science degree from Fresno State University. He also received a compliance officer certification from both the Credit Union National Association (CUNA) and the National Association of Federal Credit Unions (NAFCU).
He grew up locally and has strong family ties to the community. He attended school at Compton and Lynwood Unified School Districts and graduated from Lynwood High School.
He is very happy for the opportunity to serve Mid Cities Credit Union members and potential members by providing financial services needed in the community.
Board of DirectorsDr. Vera J. Roberts, Chairperson Fred Easter, Vice-Chairperson Delores PennCharles MooreBarbara BanksCheryl MatthewsPalmetta Scott
Supervisory CommitteeDorothy Plummer-Jones, ChairpersonHerman Winslow
HolidaysMartin Luther King, Jr -Monday, January 20
Presidents’ Day – Monday, February 17
VisionsMeet Your New President & CEO Please welcome Anthony Sanders
2014 Annual Meeting & Election Mid Cities Credit Union’s 2014 Annual Meeting will be held on Thursday, March 27, 2014. All members are cordially invited to attend this year’s meeting starting at 6:30 pm. There will be door prizes, elections, dinner, music and entertainment. Registration begins at 5:00 p.m. with official business starting at 8:00 p.m.
More information on the location and ticket prices will be available soon.
January 2014
Inactivity Fee ReminderTo avoid a $5 inactivity fee, do at least one transaction (deposit or withdrawal) on your saving and checking account at least every 6 months. Even if it’s just 1 cent!
If you are like millions of Americans and your New Year’s resolution involves saving time and money or getting out of debt then Mid Cities can certainly help you reach your goal.
On November 6th, Mid Cities lost a beloved former member of its Board of Directors. Claudette P. Powers served as a volunteer member of the Board of Directors from 1996 to 2011. She was a retired vice principal for the Paramount
Unified School District, a former peace ambassador for PeacePartners, Inc. and was a former member of the Board of Directors for the Long Beach Chamber of Commerce Women’s Business Council.
In Memoriam of Claudette P. Powers
Saving You Time and Money
Mid Cities Credit Union is dedicated to helping you realize your financial goals – reducing your debt, saving for higher education, buying your first home, or planning for retirement. We want to remind you of a great benefit of membership: BALANCE Financial Fitness Program.
Through BALANCE, you have access to free, unbiased money management information and assistance. All you have to do is make a toll-free phone call.
BALANCE counselors can answer many of your questions immediately – from how long an item stays on your credit report to whether it’s better to lease or buy a car. For more complex issues, such as debt elimination or budget development, an appointment
will be scheduled – giving you the personal attention you need to meet your objectives.
If bills have gotten out of hand, your counselor may be able to arrange a Debt Management Plan. BALANCE negotiates with creditors to reduce interest and fees so you can pay your debt quickly and efficiently.
To use the program, simply call 888-456-2227. Counselors are available Monday through Thursday, 5am to 8pm, Friday, 5am to 5pm, and Saturday, 8am to 5pm (PST) or visit www.balancepro.net for more information.
A Great Benefit of Credit Union Membership: BALANCE Financial Fitness Program
325 S. Santa Fe AvenueCompton, CA 90221
Mailing Address: P.O. Box 5268Compton, CA 90224-5268
(310) 638-5147Fax (310) 638-8650
www.midcitiescu.orgE-mail: [email protected]
Educating our members to meet their financial goals
APR = Annual Percentage Rate. All loans are subject to credit approval. Rates subject to change without notice.
Getting Older Has its Benefits Mid Cities offers a Silver Lining program for seniors 55 years and older that offers convenience and flexibility.
• One box of free checks per year
• Special travel discounts• Free financial education
materials• Free access to Plan It web site• Supplemental insurance for
Medicare Advantage• Funeral planning
To open your account, call or visit our branch today.
Mid Cities Credit Union employees made a special delivery of food to the Compton Unified School District’s Pupil Services Department just in time for Thanksgiving.
The special delivery included non-perishable goods and was enough to fill three boxes. The donations were courtesy of credit union members and employees.
Mid Cities Credit Union Donates Food for the Holidays
Mid Cities Credit Union employees deliver food for the holidays.
The Sprint Credit Union Member Discount Credit Union members are eligible for discounts off* select Sprint plans.
Three Ways to Get Your Discount:- Call 877.SAVE.4CU (877.728.3428)
tell them you’re a credit union member. Ask to be a part of the NACUC_ZZM Corporate ID to save
- Click LoveMyCreditUnion.org/Sprint- Visit your nearest Sprint store
*Application of discount requires 2-year contract extension on existing plans. Verification of membership is required at time of activation/upgrade. Discount not available on secondary lines for Family and Business Share plans.
All rights reserved. Sprint, the logo, and other trademarks are the trademarks of Sprint Nextel.
Use Direct Deposit This Tax SeasonTo use Direct Deposit to get your refund, provide the following on your state and federal tax returns:
- The routing number for Mid Cities is 322274653.
- Your account number and designate which account you would like your refund to be deposited to (Savings or Checking).
For a direct deposit form, log onto to the credit union’s home page at www.midcitiescu.org and go to the QuickLinks page and click on Forms.
It’s that Time of the Year AgainTax season just around the corner and it’s the perfect time to open an Individual Retirement Account (IRA) and start saving for your retirement. The sooner you start saving for retirement, the more your money will grow.
Mid Cities offers both a Traditional and Roth IRA that might fit your retirement needs. Contributions to an IRA account may be tax deductible* depending on your Adjusted Gross Income (AGI) and tax filing status.
Open your IRA today and start saving!* Consult a qualified tax advisor.
Consolidate and SaveMid Cities Credit Union offers an excellent fixed rate Visa credit card with rates starting as low as 8.70% APR*. Consolidate your high rate credit cards into one low, fixed rate and save.
Whether you’re shopping around town, traveling abroad or just paying everyday expenses, our Visa credit card is accepted anywhere you see the VISA® logo.
Other features include:
• No annual fee
• Credit limit up to $25,000
• 25 day grace period on purchases
To apply on-line, log onto www.midcitiescu.org and click on the “Loan Application” button or go to Forms and click on “Loan Application” for a paper application.
*APR=Annual Percentage Rate. All loans are subject to credit approval. Rate shown as of January 1, 2014. Rate subject to change without notice.
Last Chance - Gift Card-O-RamaReceive a FREE* gift card for any loan approved and funded for $1,000 or more through January 31, 2014. If you’re thinking about buying a new or used car, a small loan to fix up your home or just to pay school expenses, now is the time to apply.
Who doesn’t like a FREE gift card? Call (310) 638-5147 for details or apply on-line today.
*All loans are subject to credit approval. Loan must be approved and funded to qualify. Privilege pay and payday loans do not qualify for this promotion. Loan amounts cannot be combined. Loan must be a minimum of $1,000 or more. No refinancing of an existing MCCU loan. Promotion ends January 31, 2014.
