WINTER 2011 |                                             AnExchange                                        ...
AnExchangeAnExchange7 Helpful Tips to Help You Winterize Your HomeIs your home ready for the rigors of the upcoming winter...
Graduating Seniors:                                                  Scholarship Money Is Available!                      ...
Winter 2011 | www.esfcu.org2011 Board of Director Nominations                                                           Ch...
Winter 2011 | www.esfcu.orgLet the Reading Begin!Attention students in Prince Georges, Charles, Calvert and St. Mary’s    ...
AnExchangeAnExchange                                                                                                      ...
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January 2011 Newsletter


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The following is a sample of quarterly member newsletter project coordinated and managed by Mary E. Harris.

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January 2011 Newsletter

  1. 1. WINTER 2011 | AnExchange AnExchange New Year’s Checklistpurchase your next auto with our low rates! Things to Do Celebrating 55 Years of Serving the tes. e best auto ra Education Community l Research th loan. y existing car l Refinance m /used car. l Buy a new November 11, 2010 marked our 55th year of serving the financial needs of the education community in Maryland. Make No Payment until April 2011! With a mission to help our members achieve their financial goals and dreams, Every year we make a list of the goals that we want to accomplish in the New we stand by these words each day we Year! Whether it is to purchase a new house, begin a workout regimen, or buy a new car! This January, we have an extra incentive for you to achieve your goals! provide service to you. If you are in the market for a new or used auto, your timing couldn’t be better! The last several years have proven to be From January 15th until February 28th, finance your new or used car difficult economic times for many. Even in with us and your first payment will not be due until April 2011*! Already those times, we try to help you navigate driving a new car, but financed it with the dealership or another institution? the unexpected financial situations Refinancing a loan from another institution with us may lower your payments. tossed your way due to this economy. This great offer, in conjunction with new auto rates as low as 2.49% APR** You have trusted us to be a safe haven and used auto rates as low as 2.79% APR*** will help you to save big! Once for your deposits, and a life jacket with you do the comparison shopping, you’ll find that this offer is the best around! Be loans, providing you with choices to help sure to ask about our affordable GAP Protection, Route 66 Auto Warranty and improve many of life’s sudden situations. Credit Life Insurance products. All are available and The best news is that the more can be financed into your monthly payment. you trust us to be your So this year, let us help you clear your New Year’s primary financial checklist! Allow us to be your one-stop-shop for institution, the more great auto savings! we grow, the more * Members who purchase a new or used auto, or refinance their auto loan from another institution, from January 15th thru February 28th are eligible for we grow the more deferred payments until April 2011. Interest will continue to accrue during the members we are deferred period. This promotion cannot be combined with any other offer. **2.49% Annual Percentage Rate (APR) is a fixed-rate on new auto loans financed for a maximum term of able to help. 36 months. 100% financing is not to exceed Manufacturer’s Suggested Retail Price (MSRP). Other loan rates and terms are available on new autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice. Your Credit Union has ***2.74% Annual Percentage Rate (APR) is a fixed-rate on used autos financed up to 125% of the NADA trade value been around for a long time and for a maximum of 36 months. Other loan rates and terms are available on used autos. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice. our mission remains unchanged. (continued on page 5) (continued on page 5) 1
  2. 2. AnExchangeAnExchange7 Helpful Tips to Help You Winterize Your HomeIs your home ready for the rigors of the upcoming winter? If it’s not, play it safe by preparingahead for winter weather. Be sure to winterize your home by following these 7 helpful tips:TIP #1: Believe it or not, a simple TIP #3: It is good practice to have your Properly installed storm windows tube of silicone caulk may be roof inspected every 3-5 years for and doors can cut your home’s your best investment this heating any punctures, cracks or breaks. heat loss by 50 percent. season. Polyurethane caulking A well-maintained roof can also TIP #6: Check exterior doors for wear is a good all-around choice for lower your energy bills and help to and tear. Look for signs of leaking sealing your home from drafts and prevent costly water damage. around the sill and threshold. Make leaks. Inspect places to be caulked TIP #4: Another thing to watch out for sure weather stripping and seals are outside your home like gutters and during the winter months is frozen okay. Inspect your home for torn or downspout seams, plumbing and pipes. If you ever have a frozen water spotted insulation. Carefully furnace vent pipes, flashing seams pipe situation, it can be big trouble examine your exterior siding and between roof and siding, and and expensive to correct. One replace any missing or damaged around door and window frames. of the simplest methods to help fasteners or screws.TIP #2: Weather stripping exterior prevent water pipes from freezing TIP #7: Always remember to clean doors and windows is an is to wrap them with heating tape. out and inspect rain gutters for inexpensive heat-saver. To detect The heating element warms the leaks or holes. They should be heat loss, just hold your hand at pipes and prevents freezing. slanted so water drains away the edge of a window or door TIP #5: Be sure your storm windows from your home. If you find that frame on a windy day. If you feel and doors are in place and in your gutters are full and need to a draft, weather-strip the area. good condition. Even if your be cleaned, do so immediately. You could see substantial savings window frames and doors are Not cleaning them could result in on your electric and heating bills. caulked and weather stripped further unnecessary damage to properly, heat may still escape. your home.By following these helpful tips you can possibly eliminate expensive repairs, making your home safer and more energyefficient when cold weather sets in. It takes a little planning and effort to winterize your home, but once done, it will beworth the time and savings.Is it Time to Consolidate YourHigh-Rate Debt? A New StatementDid you overindulge during these holidays? Has your financial situation Look and Enhancedbrought you to a dead-end? Are you feeling trapped with high interest Audio Response Tellercredit cards and even higher monthly payments? If you answered yes to System (ART)any of these questions, now may be the time to consolidate your high-ratedebt into one monthly payment with a signature loan. We are always looking for ways to enhance our level of service forA signature loan can save you time and lots of money! With rates as low you. Next month, your Credit Unionas 10.49% APR*, you can significantly reduce your current finance charges statement will have a different look toand monthly payments. it. Product and service announcements will now be printed right on yourGo in the right direction and save with an Educational Systems FCU statement. This new process will signature loan. To apply, visit one of your save paper and allow us to provide local branch locations, our website or you with important information in a give us a call at 800.356.6660. timely manner. You may also notice *10.49% Annual Percentage Rate (APR) is a fixed-rate a change in our Audio Response with approximate terms up to 36 months. Other loan rates Teller (ART) system sometime in and terms are available. Applications are subject to credit approval, and actual rate is based on your credit. All rates the middle of March 2011. We will are subject to change without prior notice. keep you informed about these new enhancements as we get closer to their implementation dates. 2
  3. 3. Graduating Seniors: Scholarship Money Is Available! 2011 Dorothy Marvil Memorial Scholarship Now is the time to apply for the 2011 Dorothy Marvil Memorial Scholarship. Five scholarships will be awarded to graduatingSaving for the Holidays high school seniors. To learn more about the scholarship and its criteria, please visit and click on theJust Got Easier! scholarship link. This is a one time scholarship that can be used to pay for college expenses, from tuition to books.As enjoyable as the holidays are, you may All essays must be submitted via email no later than April 11,be relieved that all the decorating, baking 2011, to For additional information,and shopping is over, not to return until please contact Lydia Gray at year! If you spent more than youplanned and charged what you couldn’tactually afford, you will likely be paying for 2011 Credit Union Foundation Scholarshipthose purchases throughout the New Year. If you are a member of a Maryland or DistrictEducational Systems FCU wants to help you of Columbia based credit union that is currentlymake next season trouble and debt-free! entering their freshman year through senior year of college, you are eligible to apply to winBefore the fruitcake becomes too stale to a 2011 College Scholarship from the Credit Unioneven consider eating, think now about Foundation of MD & DC. Ten $1,000 scholarshipsputting cash aside for next year’s holiday will be awarded to winning applicants in May 2011.season. By beginning today, you’ll saveyourself the stress of trying to come up with Members must write an essay on the following topic:gift money at the last minute, or purchasing “How can your Credit Union best reach out to memberseverything with your credit cards. ages 18 to 25?” Applications for the scholarship program can be found at: DeadlineOur Sub-Savings Account makes saving for essay/application submission is March 31, 2011.throughout the year easy. It’s simple! Youdetermine the amount you want to saveeach month and we’ll automatically transfermoney from your checking account to a Introducing Mobile Bankingspecial savings account earmarked for the FAST. EASY. CONVENIENT.holidays. In November, the balance of theaccount will be available to you—just in With Mobile Banking you can:time for your holiday shopping! • View your account balances and transactionsTo know how much you will need to • Transfer funds set aside each month, first calculate • Change your e-mail address how much you expect to spend on all • Change your password holiday expenses next year (that includescards, wrapping, decorations, food and Login with these easy steps:entertaining, as well as travel). Divide (Available only through mobile devices with Internet browsers)by the number of months left in the • Go to that’s the amount that will be • Login with your User ID (Account Number) automatically transferred. • Answer the challenge question • Put in your password (same password used when logging into Online Banking) To set up your Sub-Savings Account,please visit your nearest branch You will have successfully logged into mobile banking. If you have questions regardinglocation, our website, or give us a call at mobile banking, please contact a member service representative at 800.356.6660.800.356.6660. 3
  4. 4. Winter 2011 | www.esfcu.org2011 Board of Director Nominations Charles Carroll Middle School Our Community Corner HISPANIC AWARENESS CELEBRATIONAs members of Educational Systems FCU, you have the opportunity to elect members October 13, 2010of our Board of Directors. Two incumbents are eligible for re-election this year to serveon the Board.The following directors, Dr. Jerome Clark and Mr. George Denny, have indicated tothe Nominating Committee their desire and ability to continue for another term ofthree-years on the Board of Directors. After careful consideration, the NominatingCommittee has nominated these individuals to the Board of Directors. Each candidatehas agreed to serve if approved by the general membership.Members may petition, the board’s secretary, if they wish to include additional namesfor nomination. Valid petitions must be signed by 1% of the members (374 members)to the attention of: Board of Director Secretary, c/o Karen Jung, P.O. Box 179, Greenbelt, Parents and students anxiously awaitingMD 20768-0179. Included with the petition must be a statement of qualifications, address from Brenda Rosario, Bilingualbiographical data and a signed certificate by the nominee stating that he/she is School Financial Education Coordinator,agreeable to the nomination and will serve if elected. All petitions must be received Educational Systems later than February 11, 2011. If no candidates qualify through the petition process, Brenda Rosario,there will be no election by ballot. Nominations will not be accepted during the Annual Bilingual School Financial EducationMeeting. The Annual Meeting will be held on Thursday, April 21, 2011, beginning at Coordinator, spoke6:00 p.m. at the Greenbelt Marriott, located at 6400 Ivy Lane, Greenbelt, MD. with students and parent’s at Charles 2011 BOARD OF DIRECTORS NOMINEES Carroll MiddleDr. Jerome Clark, Secretary George Denny, Director Schools Hispanic Awareness Celebration Dr. Clark has been an Mr. Denny has over 35 about her career educator for over 30 years years of experience as with the Credit Union and the before retiring from the a teacher, counselor importance of saving and the benefits of Prince George’s County and administrator with opening up a savings account with thePublic School system where he served in Prince George’s County Public Schools. Credit Union.the capacities of teacher, administrator In addition, he’s served as a Counciland superintendent of schools. During his Member and the Mayor of Brentwood, Prince George’s Community Collegetime as superintendent, he was named Maryland. He’s served four years on the THE GAZETTE MY FAVORITE TEACHERMaryland State Superintendent of the Supervisory Committee, and the last WINNER’S RECEPTIONYear in 1998. He’s served on the Board of three years on the Board of Directors. December 6, 2010Directors for over 27 years.2011 Credit Union Cherry Blossom Run/WalkAnticipation mounts as Educational Proceeds from the run will benefitSystems FCU gears up to be one of the Children’s Miracle Networkthe proud sponsors of the Annual (CMN), an International non-profit Left to Right: Lindsay McKenzie, Grade 10,Credit Union Cherry Blossom Ten Mile organization dedicated to helping Bishop McNamara High School; AngelinaRun & 5K Run/Walk. This race attracts children by raising funds and Diehlmann, My Favorite Teacher High Schoolparticipants from all over the world and awareness for Children’s Hospitals Winner, Bishop McNamara High School; Doug Hayes, Advertising Manager, Thetakes place in the heart of the Nation’s throughout North America. Gazette Newspapers and Victoria Samuels,Capital on Sunday, April 3, 2011. VP Marketing, Educational Systems FCU. 4
  5. 5. Winter 2011 | www.esfcu.orgLet the Reading Begin!Attention students in Prince Georges, Charles, Calvert and St. Mary’s Celebrating 55 Yearscounties, the annual “Read and Hit a Home Run” with the Bowie Baysox (continued from page 1)and “Pinch onto Books” with the Blue Crabs reading programs havebegun! Students have the opportunity to take advantage of two different For us, it’s all about helping you achievereading programs. Both programs encourage students to read a certain your financial goals and dreams. Ournumber of books outside of their regular curriculum, and once the students dedication to educating our children abouthave completed the reading, they will be awarded with a free ticket to a managing their finances is important andbaseball game in the spring. To help students keep track of their reading, we will continue to maintain a presence inthey can pick up a “Read and Hit a Home Run” or “Pinch onto Books” local schools. Providing you with quality,bookmark from their school’s reading specialist or teacher. relevant financial products and friendly service is at the top of our priority list, andHelp your Credit Union support education by taking advantage of both we will continue to make wise decisionsreading programs today! regarding the funds we all save together and borrow from.The Bowie Baysox The Blue Crabs2011 Reading Night Games are: 2011 Reading Night Games are: Please share the benefits of membership with an immediate family member or April 30 @ 6:00 p.m. May 6 @ 6:00 p.m. coworker. For additional information May 1 @ 2:00 p.m. May 7 @ 6:00 p.m. regarding membership eligibility guidelines, May 20 @ 7:00 p.m. May 27@ 6:00 p.m. please visit We May 21 @ 6:00 p.m. appreciate your patronage and would like to begin the New Year by saying… ”It’s a pleasure helping you!” On behalf of the Board of Directors, management and staff, we wish you a very happy, prosperous and healthy New Year.Just Say “Credit” Plus, when you just say CREDIT…every and time you use your debit card, you get charge-back rights, zero liability if fraud is ever committed on your card and you also enjoy the convenience of signing for yourDid you know that every time you swipe students in 2010. Our financial purchases—you don’t have to rememberyour Educational Systems FCU Visa® literacy programs are used by a number a PIN!Debit Card and select to use it as a of schools in our counties to help studentsCREDIT transaction, you help us SUPPORT learn to become fiscally responsible adults. Helping the members of the educationEDUCATION? That’s right, when you use • Every year we provide $15,000 in scholar community has been the heart ofthe credit side of your debit card; we earn ships to member students who attend high Educational Systems FCU since ourrevenue that helps us provide numerous schools in the counties we serve. chartering in 1955 as a not-for-profitservices and benefits to the education • We also use funds to sponsor the “Read financial cooperative. The more you usecommunities in the counties we serve. Here and Hit a Home Run” program with the products and services of your Creditare just a few examples that are a direct the Bowie Baysox and the “Pinch Onto Union and the stronger we grow; theresult of your active use of the products and Books” program with the Southern more services we can offer you, the moreservices offered here at your Credit Union: Maryland Blue Crabs. Both of these ball competitive our rates can be and the• Educational Systems FCU conducted over clubs have given us an opportunity to more benefits we will be able to bring to 500 financial seminars for nearly 12,000 help our students learn to love reading. the education community. It’s a win-win. 5
  6. 6. AnExchangeAnExchange Prst First Class U.S. Postage PAID Southern MD P.O. Box 179 Permit No. 305 Greenbelt, MD 20768-0179Are You Taking FullAdvantage of YourIRA Opportunities?Individual Retirement Accounts (IRAs)are one of the most powerful andflexible tools to accumulate fundsfor retirement. Opening an IRA isone of the most important steps totake in securing your financial future!Educational Systems FCU can helpyou take care of saving for tomorrowthrough our Traditional, Roth and Winter 2011 | www.esfcu.orgEducation IRA options. LocationsWe offer extremely competitive rates. Corporate Office Mailing Address Hours for Branches andAdditionally, in today’s economic P. O. Box 179, Greenbelt, MD 20768-0179 Member Service Centers 800.356.6660 | 301.779.8500 Lobby Hoursenvironment, it’s even more important Fax: 301.985.4661 | Monday—Thursday 9:00 a.m.—5:00 p.m.that your retirement investments are Friday 9:00 a.m.—6:00 and secure. Your Credit Union Branch Locations Saturday 9:00 a.m.—1:00 p.m. Bowie Branch Drive-Thru—Bowie Branchinsures Traditional and Roth IRAs up Duvall Village Shopping Center Monday—Friday 8:00 a.m.—7:00 at least $500,000.* 4801 Glenn Dale Road, Bowie, MD Saturday 9:00 a.m.—1:00 p.m. Upper Marlboro Branch ATM LocationsAs you think about your 2011 IRA Washington Plaza 24-Hour ATM Access at the above Branches and 8903 Presidential Parkway, Suite100, Upper Marlboro, MDcontributions, consider your Credit Member Service Centers Waldorf BranchUnion as a safe haven for new deposits Smallwood Village Shopping Center For added convenience, an ATM is also located at theand rollovers. For more information, 169A Smallwood Village Center, Waldorf, MD Charles County Board of Education 5980 Radio Station Road, La Plata, MDcontact us today! Greenbelt Branch Maryland Trade Center I Hours: Monday—Friday, 8:00 a.m.—4:00 p.m.* We offer insurance on your deposit accounts up to 7500 Greenway Center Drive, Suite 140, Greenbelt, MD $500,000. The National Credit Union Administration (NCUA) federally insures up to at least $250,000 per California Member Service Center* 2011 Holiday Schedule San Souci Plaza member. This insurance is backed by the full faith and 22599-122 MacArthur Blvd., California, MD Martin Luther King Day Monday, January 17 credit of the United States Government. An additional $250,000 of coverage is provided by Excess Share Prince Frederick Member Service Center* President’s Day Monday, February 21 Insurance (ESI), a private corporation. Traditional and Manning Building Memorial Day Monday, May 30 Roth IRAs are insured up to $250,000 by NCUA and 90 King George Way, Prince Frederick, MD Independence Day Monday, July 4 up to an additional $250,000 through ESI, all at no *No Teller Services Labor Day Monday, September 5 cost to you. Columbus Day Monday, October 10 All Card Services Veteran’s Day Friday, November 11 The phone number is 800.356.6660.You will Thanksgiving Thursday, November 24 be prompted to press 4 to report a lost or stolen Christmas (observed) Monday, December 26 Visa Credit or Debit Card. Who’s Who Executive Board of Directors Supervisory Officers Rosemary Brinkley Committee Chris Conway Chairman Members President/CEO Eva Chesley W. Cecil Short Your savings are insured up to $500,000. Your savings Wayne Beall Vice Chairman Chairman are federally insured up to at least $250,000 by the Vice President/CIO Maurice Erly Alonia Sharps National Credit Union Administration (NCUA), and Laura Eacho Treasurer Secretary backed by the full faith and credit of the United States Vice President, Dr. Jerome Clark Michele Winston Government. An additional $250,000 of coverage Lending and Collections Secretary Member is provided by Excess Share Insurance (ESI), a private Nahid Moghadam John Neville corporation. Traditional and Roth IRAs are insured Vice President, Director up to $250,000 by NCUA and up to an additional Member Services George Denny $250,000 through ESI, all at no cost to you. Victoria U. Samuels Director Vice President, Marketing Alonia Sharps Girado Smith Director Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government Senior Vice President/CFO NCUA National Credit Union Association, a U.S. Government Agency Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government NCUA National Credit Union Association, a U.S. Government Agency