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2. bank
3. bank account

Message from the CEO
As I write this I am looking out
at a bright sunshiny day, with a
temperature of 9 degrees! I love
the sunshine, but I am ready for
the warmth of spring. The staff
and I here at the credit union love
spring because it brings out the
smiles in everyone. I know the
trip to the credit union is sometimes not as “exciting” as
other things we do, but we want you to feel like we are
your springtime credit union. New possibilities every time
you walk in. A chance for a new car or used car, that first
checking account and debit card, your new saving account
that is going to help you go on that cruise, or trip. The
IRA you open up to start making a plan to retire someday,
or even just that helpful line of credit or credit card to
help you with the everyday expenses we all have. Let our
staff be your springtime guide to the new growth of your
financial future. They are all here to do one thing serve
you, and help you get the best possible products and
services from your member owned cooperative.
So don’t hesitate to ask us for help, or even bring in
your friend who needs some help. We always welcome
your friends and family to expand our family here at the
credit union. Help us help all your friends and family with
their finances. I hope to see all of you at the credit union,
or better yet on the golf course this spring! Enjoy the
sunshine and let’s hope the temperatures are higher than
9 degrees when you are reading this!
In This Issue:
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Drive Thru
8am - 6pm
8am - 6pm
8am - 6pm
8am - 6pm
8am - 6pm
9am - 2pm*
Lobby
9am - 5pm
9am - 5pm
9am - 5pm
9am - 5pm
9am - 5pm
*Drive Thru Only
Tom Kubiak, President
Dave Buda,Vice President
Fred Hetherwick, Treasurer
Jeff Kirkpatrick, Secretary
Gary Lewis, Director
Julie Maes, Director
Mike Trudell, Director
Joyce Pickell, Chairperson
Mary Cagney
Fay Iles
Julie Maes
408 E. Ganson St.
Jackson, MI 49201
a Publication of Jackson Community F.C.U.
Vol. XIV
Summer 2013
Scholarship Money and Affordable Student Loans
– JCFCU will be giving away up to $2,400 to
graduating seniors attending college in the 2013 - 2014 academic year.
Just simply go online to our web site, jacksoncu.com, or stop in to get the
scholarship application. One student from each Jackson Area High School
will be awarded a portion of the scholarship money, they must be a primary
member of the credit union. Applications are due by April 30th, 2013.
and Jackson Community Saving You Money
Sincerely,
Jim Francis, CEO
Jackson Community Federal Credit Union
[email protected]
517-787-0029 ext 213
member
connection
• Scholarship Money and
Student Loans
• Compare College
Finance Options
• Cheap Money
• Check Your Credit Card
• Fees & Charges
• Annual Meeting Notice
• Community Free Nights
• Message from the CEO
Ph. (517) 787-0029
Toll Free 1-800-988-7712
email: [email protected]
Are you paying too much for your auto insurance? You may be eligible for savings on auto and home
insurance through AAA. Call 1-888-203-2606, visit aaa.com/MembersSave, contact your local agent, or
follow the link from our Web site.
Thanks to Jackson Community Federal Credit Union’s Group Program with AAA, you have access to an
array of exclusive benefits designed to provide value, convenience and peace of mind. To learn more about
membership and insurance savings, call 1-888-203-2606, visit aaa.com/MembersSave, contact your local
agent, or follow the link from our Web site.
New Tools for
Comparing Colleges
and Financing Options
Comparing colleges
and financing options
can be a difficult
task. But, these new
resources can help
make that process a
little easier and help
you understand your
options for reducing
your long-term debt!
Have You Checked Your
Credit Card Rate Lately?
Can your current card beat our 7.99%? Does
your current card have points NEVER expire?
Does your card offer a low minimum payment to
help you out when things get tight? If you’re not
sure or know we have a better card, why aren’t
you talking to us? You can apply online, in person
with our great loan staff, or just give us a call. All
of our staff will be happy to help you get the card
that gives you all the services you need, and one
heck of a low rate!
The Financial Awareness Counseling Tool (FACT)
studentloans.gov/myDirectLoan/
financialAwarenessCounselingLanding.action
Also created by the Department of Education, this website
provides tools and information to help you understand
your financial aid and assist you in managing your finances.
It provides an instant snapshot of a student’s federal loan
debt and allows private loans to be manually entered to
compare your unique financial situation.
Recently featured in the Huffington Post article. www.huffingtonpost.com/mary-johnson/
student-loan-burdens-test_b_1680747.html?utm_hp_ref=tw
Net Price College Calculators
www.usnews.com/education/best-colleges/features/net-pricecalculator
The US News and World Report compiled a list
of calculators from about 300 of the top National
Universities and National Liberal Arts Colleges. Although
not every college is included, it’s a great start to
understanding the true cost of higher education.
For more information and helpful tools, visit the Tools and
Resources section at www.jacksoncu.studentchoice.org
If you have saved enough money for college, congrats on a job well done. If you have not we have a new loan
product for you. The Credit Union Student Choice Program was created with one goal in mind - helping you finance
a higher education without a higher price tag.
Our private student loan solution:
• Helps fill the funding gap that exists after lower-cost
sources of aid have been exhausted.
• Offers zero origination fees and lower rates than many other lenders.
• Allows for fully deferred payment while you’re in school (optional).
• Is structured as a Line-of-Credit (LOC), which you can then use over
multiple years. The benefit is that with just one application you can qualify
for a LOC that will cover the remainder of your undergraduate career (up
to $75,000)*. Each year, you simply determine how much of the eligible LOC
amount you’ll need - without having to complete an entirely new application!
• Offers flexible repayment options resulting in
lower initial payments after graduation.
• Gives you the chance to reduce your interest rate by 0.25%
during full repayment when you enroll in automatic payment.
• Establishes a relationship with a financial institution you can trust as your loan will be granted and held by your not-for-profit credit union.
FEES & CHARGES
The College Affordability and Transparency Center
collegecost.ed.gov/catc/Default.aspx
Developed by the Department of Education, this resource
allows you to compare colleges based on tuition rates,
programs of study and how fast costs are rising.You can
even compare two and four-year programs to see what
program is right for you!
Cheap Money
The rate and fee schedule for all accounts sets forth certain
conditions, rates, and charges applicable to your accounts.
As of February 15 of 2013
Fees applicable to all accounts except certificates.
SHARE DRAFT/ACH/BUSINESS ACCOUNT FEES
New Account Fee.......................................................................$5.00 to $10.00
Monthly Service Fee.......................................................................... Free - $5.00
Insufficient Funds Fee................................................................$30.00 Per Item
Automated/Overdraft Transfer Fee......................................$5.00 Per Item
Stop Payment Order Fee........................................................$30.00 Per Item
Draft Copy Fee..............................................................................$5.00 Per Copy
Draft/Check Printing Fee..............................................................See Price List
MISCELLANEOUS FEES
Empty ATM Envelope Fee......................................................$50.00 per item
Returned Item & Courtesy Pay Fee.................................$30.00 per item
Account Reconciliation Fee.................................................. $25.00 per hour
Statement Copy Fee.............................................................$10.00 per month
Regular Wire Transfer Fee......................................$15.00-$30.00 per wire
Dormant Account Fee............................................................$5.00 per month
Negative Share/Min Deposit Fee....................................$5.00/Close Acct.
FRB Returned Item Fee...........................................................$30.00 per item
Money Order Fee (FREE for 60 & Older).......................$3.00 per item
Garnishment/Levy Fee..............................................................$75.00 per item
Cashier’s Check Payable to Non Member......................$3.00 per draft
Mailing Fee..............................................................................................................$1.00
Statement Mailing Fee......................................................................................$1.00
Loan Re-application Fee/6 mos............................................................... $35.00
Foreign Item Fee.............................................................................................. $10.00
Starter Checks................................................................................$3.00 per page
Check Cashing Fee*....................................................................$20.00 per item
Annual IRA Fee............................................................................. $15.00 per year
ATM Withdrawal Fee........................................................................................ FREE
ATM Withdrawal Fee at non CO-OP ATM........................................$2.00
P.I.N. Based transactions..................................................................................$2.00
ATM P.I.N. Reissue Fee................................................................ $3.00 per P.I.N.
Additional/Replacement VISA Card Fee............................$6.00 per card
Additional/Replacement ATM/Debit Card Fee.............$6.00 per card
Check Cashing fee applies to members who have less then $25.00 on deposit AND no
other service besides a primary share/savings account.
*
By choosing your credit union’s program over other alternative lenders, you’ll enjoy significant cost-savings and
consumer-friendly terms. Try our loan comparison calculator to see just how much lower rates and zero fees can
save you over the life of the loan.Visit us at the credit union or at www.jacksoncu.studentchoice.org
Annual Meeting Results
Our Annual meeting was held on March 23rd at our main office at 408 East Ganson. None of the incumbent
directors were challenged for their positions. Therefore, Fred Hetherwick, Tom Kubiak, Jeff Kirkpatrick, and Mike
Trudell were elected to serve two year terms. Our Board is rounded out with the directors of Dave Buda, Gary
Lewis and Julie Maes who will be up for election next year. As always our board welcomes your questions,
comments and concerns all year round. They can be reached by regular mail here at the credit union, 408 East
Ganson, Jackson MI 49201 or e-mail, here is the list.
Dave Buda – [email protected]
Fred Hetherwick – [email protected]
Tom Kubiak – [email protected]
Jeff Kirkpatrick – [email protected]
Free
Movie
Night
Gary Lewis – [email protected]
Julie Maes – [email protected]
Mike Trudell – [email protected]
Jackson Community FCU is proud to offer yet another free movie night on May 18th at the historic
Michigan Theater. Free tickets are available at the credit union and at your child’s elementary school.
On May 18th we will present Charlotte’s Web. Wilbur the pig is scared of the end of the season,
because he knows that come that time, he will end up on the dinner table. He hatches a plan with
Charlotte, a spider that lives in his pen, to ensure that this will never happen.
Be sure to come out early and play the carnival games, get a free balloon tied by our experts in
shapes you will never imagine, and enter for the drawing for free gifts at the end of the movie!
Games start at 6pm and the movie starts at 7pm.