Saco Valley
CREDIT UNION
COMMON CENTS
Your Pathway to Financial Success · Fall 2014
Dear Members,
As usual, from time to time during the months after
our last newsletter, I reflect on what I will write to
you about in our next newsletter…this time was no
exception. Lo and behold, our financial position at the
end of August provided me with the perfect topic.
You see, we ended the month with over 100 MILLION
DOLLARS in assets! Congratulations to you, our
directors, volunteers and staff.
After working for Saco Valley Credit Union for thirty
years you would think I wouldn’t get excited by news of
our growth…but I am very excited by the news. When
I first arrived at Saco Valley Credit Union in 1984 we
were 4 million dollars in assets. I take great pride in
knowing we are still growing and financially sound. So
when I screamed loudly enough that I almost broke
EVP/COO Paul Sullivan’s ear drums (according to him…
everyone knows I’m basically quiet); I felt no shame in
acting like a kid in a candy store. It is no small feat to
show a positive bottom line each and every month year
after year. It takes an aggressive lending team, great
member service reps, trustworthy accounting staff,
exceptional operational support staff and a dedicated,
involved Board of Directors. Support from our loyal
members and volunteers is of utmost importance and I
value and cherish it.
Love Story
Congratulations to Matt and Theresa! They
became Mr. & Mrs. on Saturday, September
13th. Best Wishes to you both on a happy
marriage.
For without your continued belief and trust in us, we
would cease to exist. It is a privilege to see what we
have accomplished together over the years…enabling
children to go to college, helping members build the
homes of their dreams, offering rates on savings and
loan products to you that are second to none, helping
members take much deserved vacations, have magical
weddings, drive vehicles they dream of, improve their
homes, buy vacation homes, save for retirement, have
children and achieve many other financial goals by
working together. For all of this, and thousands of
other reasons, I feel very privileged to have served as
your President/CEO for so many years. It has been a
source of great joy for me, in spite of the many economic
challenges we have faced. This month is National Credit
Union Week and we will celebrate with all of you in the
wonderful knowledge that Credit Unions are owned by
you, our members, and we are truly living the philosophy
of “People Helping People;” especially at Saco Valley
Credit Union.
Thank all of you for making Saco Valley Credit Union so
successful and for being part of our continually growing
family!
Fondly,
Carrie
Loan Specials
Fuel Assistance
Christmas Loans
Stay warm this winter with a fuel
assistance loan from Saco Valley CU!!
Don’t max out your credit cards to
get your Christmas shopping done!
Come see us for a Christmas loan at
Borrow up to $4,000.00 for
12 months at the unbelievably low
rate of
3.9%APR*
Keep fuel in the tank without having
to break the bank for each fill up.
Saco Valley CU is here for you!
Borrowing $4,000 with a minimum annual percentage rate of 3.9%
would result in a monthly payment of $342.53 for 12 months.
3.9%APR*
You can borrow up to $3,000.00
for 12 months beginning October
1st and get your shopping done early
this year!
Auto Loans
As always we offer the lowest
Auto Loan rates around!
Finance your new or used vehicle
up to 72 months at a rate as low
as
2.99%APR*
Come see Matt or Sean in
Saco; Debbie, Dave or Marissa in
Waterboro and get pre-approved
today!
Borrowing $3,000 with a minimum annual percentage rate of 3.9%
would result in a monthly payment of $257.44 for 12 months.
*Annual Percentage Rate. Interest rates are based on credit qualifications.
People Helping People
During the month of May the staff engaged in the Credit Union philosophy of “People Helping People.” We donated a total of
$5,370.13 to local food pantries including: The Saco Food Pantry, Bon Apetit, The Milestone Foundation, United Baptist
Church and The Maine Way, Inc. These funds were raised with the generous help of our members and staff by doing various
fundraisers throughout the year.
Bakers Needed!
School is in Session
Our annual bake sale will be held
on Friday, November 21st and
Saturday, November 22nd.
We love having you create
delicious goodies for us to sell
and to eat!! Please contact
Kelly or Annette if you would
like to bake for this successful
event. Members from Catholic
Financial Life Chapter N160 will
be once again joining us and will
be matching the funds we raise
up to $500.00! All proceeds
from the bake sale will benefit
Special Olympics Maine.
Attention all students…..now that school is back in session, please remember
we pay for good grades. All A’s earn you $10.00 and A’s & B’s earn you
$5.00. After the school year is over we hold our drawing for the grand prize
of $250.00 on September 1st. Congratulations to this year’s winner,
Samantha Benson. All seniors and college students please remember to ask
us for a scholarship application. Scholarship applications are due back on
March 31, 2015. We would like to share a thank you note from one of our
2014 scholarship winners.
Our Very Own
Softball Team
Wins Big!
Saco Valley CU’s Men’s
Softball team is the 2014
Biddeford League Champions!
Congratulations!!
“Board of Directors at Saco Valley,
Thank you so much for choosing me for one of the $250
scholarships this year. I have received a scholarship reward the
past 2 years as well, and every year it has proved to be a great
blessing, a huge help in paying the expenses that go along with
being a college student. This year is especially a blessing.
I spent 2 months of my summer participating in a mission team in
Australia. There, I was able to help various missionaries, churches,
schools, and a youth camp. I learned so much while on the mission
team and am extremely thankful that the Lord saw fit to give
me that experience. In addition to having to trust the Lord for
financial support in getting there, I also had to trust that he
would provide for my schooling when I returned. This scholarship
is part of the answer to my prayers, and will be a great help in
purchasing my textbooks for next semester. Thank you again!
Sincerely,
Savanah Maskell”
You Could Win $50.00 Just for Reading this Newsletter!
Matt Rossignol holding the 2014 trophy
Did you know that we are offering the chance to win $50.00 in cash? All you
need to do is read the articles from this newsletter and then correctly answer
the question below to be entered in our drawing. All entries must be received
by November 28, 2014. Entries can be sent by mail or dropped off at one
of our branches. Send this form to: Saco Valley Credit Union, P. O. Box 740,
Saco, ME 04072.
Question: At the end of August, we went over ______ dollars in assets?
Answer: ________________________________
Member: _______________________________ Phone # __________________
Address: ________________________________________________________
Summer newsletter winner was Jonathan Breard.
Being Thankful
Team photo after the championship game.
Our very own Sean Ready is pictured
front row center.
I’m thankful for having such a nice family, a roof over my head, and
a meal on my plate.” Samantha Fickett’s, age 11, response to the
Summer newsletter question, “What are you thankful for?”.
Mobile Banking
Saco Valley
CREDIT UNION
Main Office
312 Main Street
Saco, ME 04072
207-282-6169
Fax 207-282-1601
Toll Free (in Maine)
1-888-282-6169
Toll Free: 1-877-960-2274
Branch Office
500 Main Street
Saco, ME 04072
207-286-3638
Fax 207-282-3126
Waterboro Office
860 Main Street
Waterboro, ME 04087
207-247-6000
Fax 207-247-2805
www.sacovalley.org
Holiday Closings
Columbus Day
Monday, October 13
Veteran’s Day
Tuesday, November 11
Thanksgiving Day
Thursday, November 27
Christmas Day
Thursday, December 25
New Year’s Day
Thursday, January 1
Upcoming
Events
October 19th
Bingo Benefit for Ending
Hunger in Maine
November 21st & 22nd
Bake Sale Benefit for
Special Olympics in Maine
Federally Insured
by NCUA
Access your account through a downloadable app
for your smart phone or tablet, your mobile phone
with internet, or text messaging. Mobile Banking is
available to anyone currently enrolled in our Online
Banking service. Enroll in Mobile Banking today! The
Winner of our Mobile Banking Summer Promotion
was Darren Cyr ($500.00). Congratulations!!
Other winners include: George Pelletier, Steve
Paquette, and Timothy Spear ($100.00 each).
Also, Paperless Promotion Winners: Marjorie Fisher
and Diane Pepin ($100.00 each).
Mobile Banking Summer Promotion
Winner: Darren Cyr
Christmas Clubs
Now is the time to start saving for the
2015 holiday season. The new savings
year for our Christmas clubs began the
first week of October; however, you can
open one anytime! Please see a member
service representative to open yours
today!
Important Reminders
Please take time to update your personal information for our records. This includes;
addresses, phone numbers, and employment information. You should also take the
time to verify the beneficiary information listed on your account to be certain it is
correct. Please ask a member service representative to take your picture for your
account profile. This is always a useful tool to have with identity theft on the rise.
It will only take a minute of your time and we will be happy to assist you with these
changes.
Holiday Donations
During the holiday season we “adopt” families in need. At
Thanksgiving we fill large baskets with food and a turkey of
course. At Christmas we make sure children receive what they
are truly hoping for. If you are interested in helping an “adopted”
family, please see Theresa or Marcia for more details.
Winner Winner
Spaghetti Dinner!
On Thursday, September 18th we held
our annual spaghetti dinner at the
Rochambeau Club in Biddeford. All the
funds raised from the dinner event,
$620.00, benefited both Special
Olympics Maine and Ending Hunger in
Maine. Everyone had a delicious time!
Volunteering
starts at any age