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Fall 2013
A publication of the University of Michigan Credit Union
UMCU Partners with UMHS to Benefit
C.S. Mott Children’s Hospital
The University of Michigan Credit Union (UMCU) has made a
major contribution to the University of Michigan Health System
(UMHS) for the benefit of the C.S. Mott Children’s Hospital
and Von Voigtlander Women’s Hospital. The gift will be used
to benefit the outstanding work done by the hospital as they
continue to be the leaders and best in healthcare by providing
excellence in medical education, patient care and research.
“University of Michigan Credit Union is extremely honored to be
a part of this amazing
collaborative effort
with the University
of Michigan Health
System. As we
continue to serve the
University of Michigan
community we are also
very excited to be able
to contribute to the
amazing work that is
done by the University
of Michigan Health
System, as it continues to pursue excellence in healthcare”,
said Tiffany Ford, President and CEO of the University of
Michigan Credit Union.
The gift, in the amount of $342,000 will also be used in part to
support the art installation, “Ancient Arb I” bronze fossil floor
showcased at the main entrance of the C.S. Mott Children’s
Hospital. The piece is a bronze, terrazzo, mother-of-pearl
and shell inlay created by
internationally acclaimed
artist Michele Oka Doner.
In addition to the fossil
floor installation, University
of Michigan Credit Union
and C.S. Mott Children’s
Hospital are working
together with students from
the University of Michigan
to develop a mobile
application and activity
book that Mott’s patients
and their families can use to
engage themselves while at
the hospital and at home.
“We are very grateful for the support from the University of
Michigan Credit Union. The art installation at our front door is
a favorite with children and adults alike, and we look forward
to the future possibility of the mobile application and book. On
behalf of the staff and patients of our hospitals, I want to say
thank you to the great people at the University of Michigan
Credit Union,” says Paul King, Executive Director of C.S. Mott
Children’s Hospital and Von Voigtlander Women’s Hospital.
UMCU remains focused on serving the University of Michigan
and Ann Arbor communities, and continues to uphold the credit
union’s motto of “people helping people” through community
service, education, outreach and volunteerism.
You Have Branches and ATMs from Coast to Coast
From coast to coast you can access your UMCU account
at more than 30,000 CO-OP Network ATMs and more than
5,000 shared branches. That covers a lot of territory – whether
you’re across town, or traveling far from home for business or
pleasure. Shared branches allow you to conveniently access
your account just as if you are at a UMCU branch. As long as
you have your UMCU Visa debit card, you’ll have unlimited, free
access to more than 30,000 CO-OP Network ATMs nationwide.
Your University of Michigan Credit Union (UMCU) membership
means you can:
•• Visit over 5,000 convenient shared branch locations and
more than 2,000 self-service locations covering all 50 states,
Puerto Rico, Guam and military bases around the globe.
•• Easily locate ATMs and branches through CO-OP Network
locator tools – including phone, mobile app and Internet.
For a complete list of shared branches and ATMs,
visit umcu.org.
UMCU ATMs at Michigan Stadium and
C.S. Mott Children’s Hospital
The CO-OP Network of more than 30,000 ATMs continues to
expand! We’re excited to announce the installation of three
new UMCU ATMs conveniently located on the University of
Michigan campus!
Michigan Stadium – For Michigan Football fans that may need
to grab extra cash on Football Saturdays, we have something
special just for you! Enjoy your refreshments without paying a
fee when you use your credit union’s ATM at Michigan Stadium!
Just head towards the north end of Michigan Stadium at Gate 9.
C.S. Mott Children’s Hospital – There is now a UMCU ATM at
C.S. Mott Children’s Hospital. The ATM is conveniently located
on the first floor of the hospital.
Use your amazing Michigan debit card at these and other
CO-OP ATM locations in the Ann Arbor area without a fee.
To find ATMs near you, visit umcu.org.
UMCU Can Finance your LASIK Surgery at
Kellogg Eye Center
The University of Michigan Credit Union (UMCU) offers
financing for your Kellogg LASIK eye surgery. So don’t wait,
get the vision you’ve always dreamed of with a low monthly
payment and a great interest rate.
Check Out These Benefits!
•• Two year financing for a low monthly payment that will fit
your budget.
•• Low Interest Rate - 0% Annual Percentage Rate (A.P.R.) for
the first year and 9.00% A.P.R. for the second year.
(Effective A.P.R. 2.297%)
•• Finance up to 100% of the LASIK surgery costs.
•• No application fees or prepayment penalties.
Getting Started Is Easy!
Contact Kellogg Eye Center at 734-615-6914 or [email protected]
to schedule your appointment and to receive your UMCU Product
Code to start your application. Once you’ve received your
application code from Kellogg Eye Center, apply online by
clicking on the Lifestyle Loan page at umcu.org.
Certificate and IRA Rates
New & Used Vehicle Rates
Rates as of September 1, 2013
Rates as of September 16, 2013
$500 Minimum Deposit
Term
APR Range*
Up to 36 months fixed
1.99% – 14.99%
37 – 48 months fixed
1.99% – 14.99%
49 – 60 months fixed
1.99% – 14.99%
61 – 72 months fixed
3.49% – 16.49%
73 – 84 months fixed**
4.24% – 17.24%
$10,000 Minimum Deposit
Term
Certificate
APY*
IRA APY*
Certificate
APY*
IRA APY*
6 month
0.10%
0.10%
0.20%
0.20%
12 month
0.20%
0.20%
0.30%
0.30%
24 month
0.35%
0.35%
0.45%
0.45%
36 month
0.40%
0.40%
0.50%
0.50%
48 month
0.65%
0.65%
0.75%
0.75%
60 month
0.90%
0.90%
1.00%
1.00%
*APR is Annual Percentage Rate. Specific rates
determined by credit history, term, and service
relationships with the credit union. Additional
rates and terms available.
**Some credit restrictions apply.
*APY is Annual Percentage Yield. Rates are subject to change. There are interest
penalties for early withdrawal.
There are higher rates for Certificate and IRA minimum deposits of $100,000
and above.
Box Scores
As of date: September 1, 2013
Assets
NOTE: Call 734-662-8200 or visit umcu.org for the most
current rates. Rates are subject to change.
Members
$518,380,856
54,197
4th Annual Money War!
Join us in the fight to beat Ohio State
for the second consecutive year,
during our 4th Annual Money War
against the Credit Union of Ohio!
Phone Center Hours
The members of UMCU have been
challenged by the Credit Union of
Ohio to see who can collect the
most money for charity. All monies
will go to the Charles Woodson
Clinical Research Fund at C.S.
Mott Children’s Hospital. The fund
provides money for research to advance the treatment of illnesses that affect
children including but not limited to cancer, congenital heart disease, sickle cell
and kidney disorders and developmental conditions like autism.
To better serve our members, the
UMCU Member Service Phone Center
new hours are:
Last year, UMCU and its members won the Money War by raising a total of
$2,823.71 to benefit the Charles Woodson Clinical Research Fund and this year
we’re seeking to double that amount with your help!
Each branch will have donation buckets in the lobby during the week of
November 25th – 30th, or you can make a donation securely online at C.S. Mott
Children’s Hospital by visiting giving.umich.edu/give/mott-woodson-umcu.
Mark your calendar and contribute to this great cause!
UMCU Member Service Phone Center
(MSPC) representatives are available
to help members by providing excellent
member service via telephone by
answering inquiries, accepting loan
applications, transferring funds and
much more.
Monday through Friday 8:00 a.m. –
6:30 p.m.
Saturday 9:00 a.m. – 2:00 p.m.
Sunday Closed
Sponsored Events
International
Credit Union Day!
Help Food Gatherers
This International Credit
Union Day
Come enjoy International Credit Union Day with us on Thursday, October 17th!
Join other members as they Unite for Good by donating canned goods to our food
drive to support Food Gatherers of Washtenaw County. Each UMCU branch will
have donation boxes in the lobby for members to drop off non-perishable canned
and dry goods. While any item is appreciated, Food Gatherers has many requests
for high-protein items, such as cereal, kid-friendly foods, baby formula, soups,
stews, canned meat and fish. Come out and support this great cause during the
entire week of October 14th!
Credit unions continually demonstrate their ability to improve the lives of
individuals, families, communities and countries around the world, and have done
so for generations. As we celebrate International Credit Union Day this October, we
celebrate the theme of “Credit Unions Unite for Good” with more than 196 million
people worldwide to establish credit unions as Americans’ best financial partner.
ICU Day is about creating awareness of credit unions and how they continue to
enhance the lives of the members they serve. ICU Day occurs once a year and
supports one component of Unite for Good: Creating awareness.
Arts & Eats
UMCU is proud to sponsor Arts & Eats
2013 – 2014. Mix, mingle, and unwind
with your friends during Arts & Eats.
Tickets are $15, and include exclusive
access to a party with music, food,
and conversation-starters designed to
keep you talking long after the curtains
close. This event is open to all college
students. To view a full listing of events,
and to purchase tickets, visit
ums.org/tickets/students. Tickets can
also be purchased at the Michigan
League Ticket Office.
UM Museum of Natural History
UMCU is sponsoring the Family
Halloween Party at the UM Museum
of Natural History. The museum’s
dinosaur skeletons and fossils create
the perfect backdrop for a fun and
educational Halloween party, making
it one of the most popular Halloween
activities in the Ann Arbor area. This
free event is on Sunday, October 27th,
from 12:00 p.m. – 5:00 p.m. and is
suitable for all ages. For more
information, call 734-764-0480 or
email [email protected].
Seminars
The University of Michigan Credit Union is offering two educational seminars this fall.
The first seminar, Go Blue Mobile – Oh the Things You Can Do When You Bank with
UMCU is geared towards teaching you how to easily navigate through UMCU’s Go
Blue Mobile banking application. The second seminar, ‘Tis the Season to Hang Onto
Reason will teach you how to financially prepare for the holidays while maintaining
a budget. All classes are held at the 4440 Jackson Road branch. To register for
classes, click on the Classes/Events link at umcu.org.
Go Blue Mobile – Oh the Things You Can Do When You Bank
with UMCU
This session will show you all the exciting things that you can do with UMCU’s Go
Blue Mobile banking application; including how to register, make transfers and loan
payments using your iPad, iPod Touch, iPhone or Android phone. This class will
also cover ways in which Go Blue Mobile can help make your life simple while you
are on the go.
Thursday, October 17th, 6:00 p.m. – 7:00 p.m.
‘Tis the Season to Hang on to Reason: Holidays on a Budget
Learn why we spend the way we do during the holidays, followed by a discussion of
finding alternative ways to enjoy the holidays. The underlying idea is to develop a life
of meaning instead of a life of consumption.
Holiday Closings
All UMCU branches will be closed on:
November 28th, Thanksgiving Day
Saturday, November 2nd, 10:00 a.m. – 11:30 a.m.
December 24th, Christmas Eve
(closed at 1:00 p.m.)
Thursday, November 7th, 6:00 p.m. – 7:30 p.m.
December 25th, Christmas Day
University of Michigan Credit Union
Board of Directors
Individuals wishing to serve on the board of directors at the University of Michigan
Credit Union may be nominated by obtaining the signatures of 2% of the current
member base as of September 1, 2013. Pick up nomination petition forms from the
Administration Department at 340 E. Huron Street, Suite 100, Ann Arbor, MI 48104.
You may also call 734-662-8200, ext. 2202 and request the form through the mail.
The petition deadline is December 15, 2013.
Office Locations
E. William Branch
333 E. William
Located between Fifth Avenue and
South Division
Ann Arbor, MI 48104
Eisenhower Branch & Drive-In
305 E. Eisenhower
At S. Main Street in Burlington III
Office Center
Ann Arbor, MI 48108
Michigan Union Branch
530 S. State St. – Lower Level
Ann Arbor, MI 48109
December 31st, New Year’s Eve
(closed at 1:00 p.m.)
January 1st, New Year’s Day
Campus branches, including North
Campus Commons, Michigan Union,
and Dearborn branches, will be closed
on Friday, November 29th and Monday,
December 23rd through Wednesday,
January 1st.
Remember, when the credit union is
closed, you can always access your
UMCU account through the CO-OP
Network of ATMs, Go Blue Mobile
Banking or through MemberNet Online
Banking at umcu.org.
Important Phone Numbers
North Campus Pierpont Commons Branch
2101 Bonisteel – Suite 1212
Ann Arbor, MI 48109
Plymouth Road Branch
2601 Plymouth Road, Suite C – Traver Village Mall
Ann Arbor, MI 48105
Member Service Phone Center:
734-662-8200 or 800-968-8628
TellerPhone: 734-662-2533 or 800-96-TOUCH
After Hours Lost/Stolen Visa: 800-991-4965
University of Michigan – Dearborn Branch
4901 Evergreen Road – 1197 University Center
Dearborn, MI 48128
Jackson Road Branch & Drive-In
4440 Jackson Road
Ann Arbor, MI 48103
Federally
Insured by
NCUA