President's Message August 2012

Summer in Full Bloom.

Along with the picnics, vacations, parades, outdoor activities, and other community events, many people are enjoying a fun-filled summer. Utah offers many spectacular sites and scenic attractions for any adventure minded person or family. With the price of gasoline down slightly, many are taking advantage of the opportunity to travel and enjoy the many beautiful destinations in and around the state. Of course, we can maximize the fun and limit the chances for anything that could ruin or detract from our vacation or travel by following a few common sense safety tips. Credit union members will no doubt be taking the credit union with them in their journeys as they take advantage of UCCU’s VISA/Checking services. Paying for travel related expenses is made safe and convenient by using your UCCU VISA Check or Credit Card. Using your VISA Card makes it easier to track and manage your expenses through our new Money Manger Budgeting Tools. Your UCCU VISA card also provides you with instant and safe access to your account, which will help avoid the need of carrying around a lot of cash.

Using Your UCCU VISA Safely

While it’s up to you to choose safe, but fun, destinations – we want to make some suggestions that will help you safely handle the financial part of your travel to protect your account and resources from loss or fraud. We want to help you avoid anything that can take the fun or enjoyment out of you summer plans. Below are some VISA safety precautions:

  1. Sign up for text alerts so if transactions occur on your card you are immediately notified.
  2. Do NOT write your PIN number on your card. If you write it down, keep it in a separate place, but better yet – memorize it and avoid writing it down at all. You can choose your PIN number by visiting any of our branch locations.
  3. Try not to give your VISA card to another person or let it out of your site. Crooks can “skim” or steal account information from your card and then use that information to commit fraud.
  4. Make sure your personal information is updated with UCCU – if you have to call and verify information you will want to have the current information.
  5. Let UCCU know your travel destination and dates so that if your card suddenly swipes at an unusual location, it is not declined for suspicious activity.
  6. If possible, avoid using public wireless access to view financial transactions.

Please note that if fraudulent activity does occur on your account we advise you to contact the credit union as soon as possible.

Other Summer Plans

Maybe some of your family plans include some home improvements, yard work, or other projects. UCCU is offering some great rates and terms on Home Equity products. Rates have never been lower and we even offer a No-Fee Home Equity Line of Credit loan with an introductory rate of just 1.9% for the first 9 months of the loan and then to historic low market rates thereafter. This summer might just be the best time to take on some of those projects you’ve had on your schedule. Call us at 801.223.8188 to see how we can help you make the most of these summer months!

Here to Help You

We are grateful for your membership at UCCU and appreciate the opportunity we have to be your financial partner. As a member owned not-for-profit financial institution, UCCU exists solely to serve you and your family. The credit union is strong and growing. UCCU has remained successful throughout the recession and enjoys a strong capital position and a thriving membership. Going forward, you can count on Utah Community Credit Union to be there for you and to offer a full line of valuable financial services and products to help you manage your finances. Our goal is to offer you the information and services that will help you make wise financial choices and reach your financial goals!  Thanks for the opportunity to serve you! Use us for all we’re worth!

Jeff Sermon

President/CEO

Utah Community Credit Union

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President’s Message August 2012

Summer in Full Bloom.

Along with the picnics, vacations, parades, outdoor activities, and other community events, many people are enjoying a fun-filled summer. Utah offers many spectacular sites and scenic attractions for any adventure minded person or family. With the price of gasoline down slightly, many are taking advantage of the opportunity to travel and enjoy the many beautiful destinations in and around the state. Of course, we can maximize the fun and limit the chances for anything that could ruin or detract from our vacation or travel by following a few common sense safety tips. Credit union members will no doubt be taking the credit union with them in their journeys as they take advantage of UCCU’s VISA/Checking services. Paying for travel related expenses is made safe and convenient by using your UCCU VISA Check or Credit Card. Using your VISA Card makes it easier to track and manage your expenses through our new Money Manger Budgeting Tools. Your UCCU VISA card also provides you with instant and safe access to your account, which will help avoid the need of carrying around a lot of cash.

Using Your UCCU VISA Safely

While it’s up to you to choose safe, but fun, destinations – we want to make some suggestions that will help you safely handle the financial part of your travel to protect your account and resources from loss or fraud. We want to help you avoid anything that can take the fun or enjoyment out of you summer plans. Below are some VISA safety precautions:

  1. Sign up for text alerts so if transactions occur on your card you are immediately notified.
  2. Do NOT write your PIN number on your card. If you write it down, keep it in a separate place, but better yet – memorize it and avoid writing it down at all. You can choose your PIN number by visiting any of our branch locations.
  3. Try not to give your VISA card to another person or let it out of your site. Crooks can “skim” or steal account information from your card and then use that information to commit fraud.
  4. Make sure your personal information is updated with UCCU – if you have to call and verify information you will want to have the current information.
  5. Let UCCU know your travel destination and dates so that if your card suddenly swipes at an unusual location, it is not declined for suspicious activity.
  6. If possible, avoid using public wireless access to view financial transactions.

Please note that if fraudulent activity does occur on your account we advise you to contact the credit union as soon as possible.

Other Summer Plans

Maybe some of your family plans include some home improvements, yard work, or other projects. UCCU is offering some great rates and terms on Home Equity products. Rates have never been lower and we even offer a No-Fee Home Equity Line of Credit loan with an introductory rate of just 1.9% for the first 9 months of the loan and then to historic low market rates thereafter. This summer might just be the best time to take on some of those projects you’ve had on your schedule. Call us at 801.223.8188 to see how we can help you make the most of these summer months!

Here to Help You

We are grateful for your membership at UCCU and appreciate the opportunity we have to be your financial partner. As a member owned not-for-profit financial institution, UCCU exists solely to serve you and your family. The credit union is strong and growing. UCCU has remained successful throughout the recession and enjoys a strong capital position and a thriving membership. Going forward, you can count on Utah Community Credit Union to be there for you and to offer a full line of valuable financial services and products to help you manage your finances. Our goal is to offer you the information and services that will help you make wise financial choices and reach your financial goals!  Thanks for the opportunity to serve you! Use us for all we’re worth!

Jeff Sermon

President/CEO

Utah Community Credit Union

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Money Manager

Money Manager is a new Personal Branch product offered by UCCU. Money Manager’s budgeting tools allows you to allocate and track your spending right inside Personal Branch!

By assigning categories you can see where your money is being spent. Don’t forget to set “rules” for re-occurring monthly transactions.  That way it will automatically assign a category for that item month after month.

If you have any questions about this new program please do not hesitate to contact us by phone at 801-223-8228 or email at pbsupport@uccu.com.

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Did You Know About Pop Money?

Pay Other People Money

Owe the babysitter a couple of bucks? Need to pay your friend back for tickets? Normally, this would be a hassle if you do not have the exact amount of cash or the checkbook nearby.  With PopMoney, all that hassle is gone!

PopMoney allows you transfer money electronically to anyone with a computer or smartphone. It’s as simple as entering the payee’s email address, phone number or bank account and pay them on the go without having to worry about delivering the check in person or call the credit union trying to transfer between accounts.

Once you transfer the money, it will be available to be claimed by the payee for up to 10 days and you can cancel the payment at any time before the funds are transferred. The payee does not have to be a UCCU member – although they should 🙂

For more information about PopMoney please click here.

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Tips for Back to School

Although it may still seem like the middle of summer, the school year is right around the corner. This process includes registering for classes, filling out forms, appointments with the doctor and of course, back to school shopping. Whether you are a seasoned vet or sending your first kid off to school, we want to make sure that you stay organized and stress free. Below are two tips to help you stay on top of your game during the back to school season:

First, stay organized. If this is your first child you are sending off, ask neighbors for good tips. Try keeping a binder or folder with all of your kids’ school information. The binder may include registration forms, waivers, extra curricular activity forms, doctor forms and contact information for teachers, PTA members or carpool members. Also, try to create a master calendar for activities, field trips, school holidays, parent teacher meetings, etc. This will start the year off right and keep you on track as the year goes on.

Second, shop smart. This can be tricky when you have kids of different ages and can end up costing you quite a bit of money. (In the future we recommend saving for school shopping just as you would for Christmas shopping.) Sit down and decide what you can afford without breaking the budget.

  • Be honest with your kids about their back to school budget. This will help them understand how to make decisions between needs, wants and opportunity costs.
  • Some parents have placed incentives for children to save money by arranging a deal where you will split or give them any money left over.
  • Spread clothing purchases throughout the year or at least allocate the money in a separate UCCU sub account throughout the year.
  • Know where to cut costs and where to spend a little more. For example, cheaper glue sticks and paper may not matter to you, but lower quality shoes or backpacks may need to be replaced later on during the year.
  • Clip coupons and watch for mailers. Many retailers now will price match. This will save you gas money and you can still get the best deals.
  • If you have to buy textbooks, search around. If you can get the ISBN number (International Standard Book Number) you will be able to compare between the bookstore and online retailers. This could save you hundreds over the course of two semesters. (However, remember to factor in the cost of shipping!)

Hopefully this will make your school shopping a little less stressful and make the transition from summer back to school as smooth as possible. Also, we would like to hear from you! What have you done to save time and money or make the back to school process easier? Let us know by commenting below.

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