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Meet the Smart Family

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Follow one family’s hilarious journey to becoming MoneySmart

Whether you’re a parent, a baby, a teen or anywhere in-between, BeMoneySmart is the perfect way to learn together, as a family, how to save and spend money wisely. Simply visit BeMoneySmart.org, where you can watch the adventures of the Smart family, a series of short, hilarious videos that your whole family will enjoy.

They’re also educational, but don’t worry… we won’t tell your kids if you don’t. It’s all at BeMoneySmart.org right now!

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Last Chance to win a New Honda Ruckus!

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Use Your UCCU Debit or Credit Card!

Need a new ride?  We are giving away a Honda Ruckus’ model NPS50, the greatest summer vehicle!

How do you win?

Every time you use your UCCU debit, credit card or PlusCard, you get 1 entry into the drawing!  Use your UCCU card everywhere to get as many entries as you can.

When are we giving the Ruckus away?

We will be drawing the winners name on March 21, 2016 and giving the actual scooter away March 22, 2016.

How are we picking the winner?

The potential winner will be selected in a random drawing.  The drawing will consist of all eligible entries received during the entire promotional period.

So don’t miss out on this amazing opportunity!  Use your UCCU debit, credit, or PlusCard as much as possible to win!  This summer, you could be cruising on your new Honda Ruckus!

If you have any questions, please call us at 801.223.8188 or email us at questions@uccu.com

Click here for more information if you are a member

Click here for more information if you are a UVU PlusCard holder

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Safe, Free, and Convenient: Visa Checkout

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V.meAs online shopping becomes more commonplace, online security naturally becomes more of a concern. However, with Visa’s V.me program, your financial information is protected in a safe, free, and convenient way. It eliminates the hassle of having to repeatedly enter card account numbers, billing, and shipping information.

Safe

V.me is a way for you to enter your credit card information only once, on Visa’s secure network. V.me becomes the third party through which all your online purchases are made. So instead of entering your UCCU card information each time you pay on a new site, your information is securely uploaded when you click on the Visa Checkout Button.

Free

Signing up for V.me is free. There are no hidden fees or annual membership fees associated with it.

Convenient

It is convenient to know that there is one place your information resides and through which all transactions will be processed. V.me also stores your shipping and card information, so you don’t have to enter it afresh every time you make a purchase.

Visit V.me for more information and to get your account started. The FAQ page can also be accessed for further inquiries.

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What's Your Financial Wellness IQ?

 

 

 

 

 

 

It’s always important to gauge your financial wellness. Financial situations can change very quickly. Understanding how to make adjustments as needed is an important skill to learn. Take this quiz to see where you stand financially and help address any problems shown by the results. The first step toward a financially stable tomorrow is facing the situation today.

Ready to begin? Answer True or False to the following questions, and then tally your score. See scoring beneath the quiz to determine whether or not you are a good candidate for financial counseling.

  1. I normally pay only the minimum amount due on my credit card bills.
  2. My credit card balances increase each month.
  3. There are arguments in my home about money.
  4. I sometimes hide purchases from my spouse.
  5. I frequently charge items that I used to pay for with cash.
  6. I have thought about filing for bankruptcy.
  7. I have begun using cash advances to meet my obligations.
  8. My credit cards are near the limit, so I’ve begun applying for new lines of credit.
  9. I do not know the total amount that I owe.
  10. I skip paying my bills some months, or pay late.
  11. I have depleted my savings.
  12. I am consumed with worries about debt.
  13. My debt interferes with my job and/or home life.
  14. Collectors have begun contacting me.
  15. I have taken money from my retirement account to satisfy debt obligations.
  16. If I lost my job, it would mean an immediate financial crisis in my life.
  17. I use balance transfers.
  18. I have no emergency savings account.
  19. Next month’s bills arrive before I’ve paid this month’s.
  20. I do not open my bills when they arrive, or soon thereafter.
Most people answer “True” to two or three of the above questions. If True was answered more often than three times, you might consider financial counseling. BALANCE offers free and low cost assistance, whether the problem stems from needing more financial education, debt concerns, meeting your mortgage payment, or a host of other personal finance concerns. Discussing it with a certified counselor/3rd party will add insight to help you to resolve the situation.
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Christmas Shopping Tips

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Christmas is fast approaching, and sometimes it can seem impossible to buy presents for everyone, host and attend parties, stay in a budget, and keep your sanity. We hope the following tips will help you navigate through the holiday shopping season so you can enjoy this time of year.

Make a list

Making a list is one of the easiest ways to organize yourself this holiday season. Write down everyone you are planning to buy a gift for–no matter how small the gift is, and ideas for what to get and an amount you would like to spend. By planning everything out, you will be better equipped to handle this crazy and sometimes stressful season.

Start early

We’re already into December now, but in the future try not to wait until after Thanksgiving to start shopping. So often while shopping we find the perfect gift for our boss or best friend when we aren’t looking for it. If you do keep your eyes open earlier in the year, once December hits you’ll be so glad you already have people crossed off your list. Just make sure to keep all your gifts purchased in advance in a designated spot so that you  don’t forget what you have already purchased.

Do your research – Shop Smart

Purchasing a present you do not know much about can be a daunting task. For example, if your husband wants a new camera and you are unsure  which brand or model to buy, search online for reputable reviews that can help in the decision making process. There are hundreds of websites where you can look up expert reviews on every kind of product available. Shopping smart is also a good idea, so use a price comparison website to find the best deal possible on whatever you need this holiday.

Pay with cash or debit card if possible

It may sound completely old-fashioned, but paying with cash is something that can help keep you on budget this year. If you want to take it a step further, getting larger bills like hundreds and fifties may make you think twice before putting up the big bucks. No one likes breaking a one-hundred dollar bill.

If carrying cash seems a little too old-fashioned, You can also try shopping with a debit card that only has a certain balance completely designated for holiday shopping. That way when the money’s gone, it’s gone.

Keep a running tally of your credit-card spending

When you come home from a day of shopping, immediately subtract what you’ve spent on your credit card from your checking-account balance. This helps give you a visual record of how much you’ve spent and also it ensures that you’ll have enough money in the account to pay the bill when it arrives.

Take advantage of Cyber Monday

Cyber Monday is known for being the biggest online shopping day of the holiday season. As a spin-off of Black Friday it takes the camping outside for days and long lines out of the picture. Cyber Monday allows you to find amazing deals, all from the comfort of your home. To help you stay even more in the know during this season, you can sign up to receive emails from your favorite stores to help you get advanced notice and member only deals.

Buy gifts online if traveling

If you are going out of town this season a great way to up convenience is to shop online. There is so much less hassle if you can ship the presents directly to where you are going to spend your holiday. Especially with flying, suitcases are prime real estate that should be designated for essentials, not Christmas Presents.

One great way to cut back on cost with online shipping is to find free shipping for the presents you buy. A great website that offers information about getting free shipping this holiday season is freeshippingday.com. On their website you will find a list of hundreds of retailers that will be participating in “Free Shipping Day”. All Free Shipping Day offers will be revealed on their website at 12:01am EST on Thursday, December 18, 2014.

Do it yourself

If you’re creatively inclined, try and find a way to harness your creativity into a thoughtful, handmade gift. Bake a batch of cookies, sew personalized tote bags or make beautiful earrings for friends and family. If you need to learn a new skill, look into taking some classes locally or invest in a how-to book. With so many online, and print resources you can make Christmas presents an easier, more thoughtful experience.

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UCCU Prepares to Offer Apple Pay

Apple recently launched Apple Pay, the ability to pay with a debit or credit card using an iPhone, Apple Watch, or iPad instead of a traditional plastic card. Apple released this new payment service with a few national banks. Other banks and credit unions will be added to Apple Pay in the future and Utah Community Credit Union is in queue to provide Apple Pay to our members as soon as Apple expands its service. UCCU anticipates Apple Pay usage will increase as more businesses update their technology to accept this new payment option.

How does Apple Pay Work?

Apple Pay can be used with the following devices with iOS 8.1 or later: iPhone 6, iPhone 6 Plus, Apple Watch, iPad Air 2, or iPad mini 3. Instead of a traditional plastic card to facilitate a purchase Apple Pay uses Touch ID with a single touch of your finger. Setup is simple. In your Passbook app take a picture of an approved debit or credit card to be used as payment.

A major hurdle in the widespread use of Apple Pay is that businesses need to have near field communication (NFC) technology to accept Apple Pay services. The credit union anticipates that more businesses will update their hardware to accept this new form of payment.

Is Apple Pay Safe? 

A benefit to Apple Pay is that your actual credit or debit card numbers are never shared by Apple with merchants or transmitted with payment. Instead Apple Pay passes a transaction-specific dynamic security code to process the payment. In addition, paying with Apple Pay is private, as the cashier will never see your name, card numbers or security code.

When will UCCU have Apple Pay?

UCCU is eager to allow members to use their UCCU debit and credit cards with Apple Pay. The credit union is in queue with Apple to offer Apple Pay. Get started using Apple Pay with UCCU cards when available. The credit union will notify members again as it gets closer.

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Visa Checkout – The Easier Way to Pay Online

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Shopping online can be a fun, convenient way to buy the things you need and want from the comfort of your own home. Visa has rolled out a new digital payment service called Visa Checkout, designed to simplify the checkout experience. Using a secure, single sign-on process, customers can order whatever they choose without the hassle of entering their personal and billing information.

There are just three easy steps to setting up a new Visa Checkout account:

1. Create a username and password

2. Enter your payment and shipping information once.

3. Look for the Visa Checkout button and speed through your purchase with a single login

You never have to worry when you use Visa Checkout because of the security measures in place. Visa Checkout uses multiple defenses, including fraud-monitoring systems and encrypted tokens using SHA256 hash algorithms to help keep your personal information safe.

Visa Checkout accepts any major credit or debit card so you can check-out easily and securely using the payment method you prefer quickly and efficiently.

For more information about Visa Checkout visit checkout.visa.com

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President’s Message September 2014

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Credit Card Fraud abounds but EMV Chip Technology is NOW AVAILABLE AT UCCU.

Recent news reports reveal yet another disturbing instance of a security breach at a very large retailer jeopardizing customers’ financial accounts and information. Very talented crooks have been repeatedly successful at hacking into data systems and stealing valuable personal and financial information from customers who have shopped at that business.  This information is then sold to other crooks and fraud is committed against innocent people who suddenly find that their accounts are emptied and their financial world is in shambles.  Eventually, the cardholders will be reimbursed and ultimately they will not be out any money – but they will have gone through days and weeks of hassles, phones calls, explanations, and a great deal of stress.

Who Pays for the Fraud?

Who gets left holding the bag and suffers the financial impact of this fraud?  The financial institution who issued the card is financially responsible for the losses. These losses amount to millions and millions of dollars each year. When fraud is committed against members of UCCU – we are quick to help you fix and protect your account, reimburse you for the loss, and help you set up safeguards and maybe even a new account. But UCCU must also cover the financial loss. Last year at UCCU, this amounted to over $200,000. You would think that the retailer whose system contained the private financial information and was compromised would be responsible for covering the loss – but that’s not the case.  Here at UCCU we go to great lengths to protect your financial information. Our security team has ensured that we have had no breaches. However, please keep in mind, UCCU has no control over how retailers store your information or how well they secure it on their systems.

EMV chip technology, the most powerful line of defense against credit card fraud.

 New, powerful EMV (Europay, MasterCard, VISA) Chip Card technology is widely used in Europe and other countries in the world to reduced credit card fraud.  EMV chip cards can be identified by their embedded microchip – essentially a tiny computer.  The microchips communicate with EMV-enabled point-of-purchase card readers.  Unlike magnetic stripe cards, which can be duplicated, EMV transactions create unique transaction data for each purchase, so that any captured data cannot be used to execute new transactions.  This new EMV Chip Card technology is a valuable tool in preventing fraud and all the hassle and stress that go along with it.

Another First for UCCU! – We Have the EMV VISA Chip Credit Card

It shouldn’t surprise you to know that Utah Community Credit Union already offers members the EMV VISA Chip Credit Card. We have had it for months – in fact, we were the first financial institution in the State of Utah and sixth in the nation to offer the EMV VISA Chip Card. And yes, it’s free to members.

Unfortunately, the benefits and safety of this chip card technology is only available to you at the few retailers with the most up to date card readers. When more retailers get onboard, UCCU members will be ready with a UCCU EMV Chip Card in-hand.  UCCU members have already used the UCCU EMV Chip Cards in Europe and other countries that use the chip card readers. They work very well and provide you and the credit union high levels of protection against fraud.

 

If the retailers you frequent do not have the EMV Chip Card Readers installed and functioning, ask and encourage them to get it so that you, as a consumer, are more protected.

A “Silver Lining” in the Recent Credit Card Fraud

If there is anything positive about the recent cyber fraud at huge national retailers like Target, T.J. Maxx, P.F. Chang’s, and now Home Depot, it is that awareness of the problems and possible solutions has risen. Huge retailers have suffered negative PR and have lost sales. As a result we finally see major retailers beginning to deploy the chip card technology! WalMart and Target now have chip card readers in their stores. We will soon see many other retailers join the trend. That means better financial protection for you, the credit union and all consumers.

Debit Cards with EMV Chip Technology Coming Soon at UCCU

In addition to the currently available UCCU EMV VISA Chip Credit Card, UCCU will be adding the EMV VISA Chip Debit Card as soon as VISA and the networks are capable. We’re waiting on them. We expect to be one of the first institutions to provide these to our members.  In the meantime, EMV VISA Chip Credit Cards are available now at UCCU.  Taking advantage of these Chip Cards and the safety they provide will protect you and the credit union against loss and financial trauma.

Another Level of Protection

Another way that members of the credit union are protecting their identity and financial information is with UCCU’s LifeLock®, the industry-leader in identity theft protection, to help safeguard your good name and your financial security. This partnership means UCCU members can sign up for LifeLock® services directly through the credit union and receive a 10% discount on LifeLock’s award winning identity monitoring and theft protection services. Call or visit us to enroll.

As always, we are working hard to provide you with “First Choice” services and financial products.  We are your credit union – use us for all we’re worth!

Sincerely,

Jeff Sermon
President/CEO

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