Spring 2016 T HE B OTTOM L INE 800.292.8139 • www.wepcofcu.com EQUAL HOUSING LENDER Federally insured by NCUA. Member Appreciation Day Mark the Date Friday, April 22, 2016 for our 7th Annual Member Appreciation Day! Our theme this year is the “Glass Half Full!” Be sure to come out and help us celebrate YOU! • Hourly Door Prizes • Grand Prize of $250 • Refreshments all day! Check out some of the great benefits WEPCO offers: • College Reward Credit Card: A card that will help you build your financial independence plus earn 1 reward point for every $1 in net purchases! • Mobile Banking: Convenient, Fast, Secure and free online account access via your mobile device! Requires PAL Plus Online Account Access. • Student Loan Portal: Now you can pay for college the smart way. When scholarships, federal loans and financial aid don’t cover all your expenses, the Sallie Mae Smart Option Student Loan may cover the difference! Attention College Students! *New accounts must remain open for 6 months, and winner must be in good standing. Promotion ends April 30. WIN WIN It’s a Win-Win for Members of WEPCO Federal Credit Union! Refer a friend in April and we’ll deposit the first $5* to their new account and enter you in a drawing to win $100. It doesn’t stop there! e new member can also enter when they refer another friend!
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Spring 2016The BoTTom Line
800.292.8139 • www.wepcofcu.comEQUAL HOUSING
LENDERFederally insured by NCUA.
Member Appreciation DayMark the Date Friday, April 22, 2016 for our 7th Annual Member Appreciation Day! Our theme this year is the “Glass Half Full!” Be sure to come out and help us celebrate YOU!
• Hourly Door Prizes
• Grand Prize of $250
• Refreshments all day!
Check out some of the great benefits WEPCO offers:• College Reward Credit Card: A card that will help you build your financial independence plus earn 1 reward point for every $1 in net purchases!• Mobile Banking: Convenient, Fast, Secure and free online account access via your mobile device! Requires PAL Plus Online Account Access.• Student Loan Portal: Now you can pay for college the smart way. When scholarships, federal loans and financial aid don’t cover all your expenses, the Sallie Mae Smart Option Student Loan may cover the difference!
Attention College Students!
*New accounts must remain open for 6 months, and winner must be in good standing. Promotion ends April 30.
WINWIN
It’s a Win-Win for Members of WEPCO Federal Credit Union!Refer a friend in April and we’ll deposit the first $5* to their new account and enter you in a drawing to win $100. It doesn’t stop there! The new member can also enter when they refer another friend!
301.359.3081 or 800.292.8139WEPCO PERSONAL ACCESS LINE301.359.3970 or 1.877.WEPCO.PalContact credit union employees for further informationabout applicable rates, terms or additional information.
MAIN OFFICE204 North Branch Avenue, P.O. Box 157 Bloomington, Maryland 21523 Fax 301.359.3683MONDAY - THURSDAY 9:00 AM - 4:30 PM Lobby 9:00 AM - 5:00 PM Drive-UpFRIDAY 9:00 AM - 4:30 PM Lobby8:30 AM - 5:00 PM Drive-UpSATURDAY Lobby CLOSED-No calls or loans available 8:30 AM - 12:00 noon Drive-Up
OAKLAND BRANCH12826 Garrett Highway, P.O. Box 614 Oakland, Maryland 21550 Fax 301.334.1544MONDAY - THURSDAY 9:00 AM - 4:30 PM Lobby No Drive-Up service available at this branchFRIDAY 9:00 AM - 5:00 PM LobbySATURDAY9:00 AM - 12:00 noon
OAKLAND DRIVE-UP130 North Fourth StreetOakland, Maryland 21550MONDAY - FRIDAY8:00 AM - 6:00 PM SATURDAY9:00 AM - 12:00 noon
KEYSER BRANCH459 New Creek Highway Keyser, West Virginia 26726 Fax 304.788.5398MONDAY - THURSDAY 9:00 AM - 4:30 PM Lobby 9:00 AM - 5:00 PM Drive-Up FRIDAY9:00 AM - 5:00 PM Lobby 8:30 AM - 6:00 PM Drive-Up SATURDAY 9:00 AM - 12:00 noon Lobby 8:30 AM - 12:00 noon Drive-Up
KINGWOOD LENDING BRANCH202 West Main StreetKingwood, West Virginia 26537MONDAY - FRIDAY9:00 AM - 5:00 PM SATURDAY9:00 AM - 12:00 noon
LAVALE BRANCH12511 Winchester RoadLaVale, Maryland 21502 Fax 301.729.9415MONDAY - THURSDAY 9:00 AM - 4:30 PM Lobby 9:00 AM - 5:00 PM Drive-Up FRIDAY9:00 AM - 5:00 PM Lobby 8:30 AM - 6:00 PM Drive-Up SATURDAY9:00 AM - 12:00 noon Lobby 8:30 AM - 12:00 noon Drive-Up
Operating Statistics as of December 31, 2015Assets ...$202,421,390Shares ...$181,448,892Loans ....$136,854,297Members .......... 28,134
800.292.8139 • www.wepcofcu.com
To better assist you with your retirement needs, we have upgraded our IRA platform to a product called IRA direct offered through Ascensus, a leading IRA specialist. This new platform provides our staff with not only ease of use but helpdesks and reference tools.
In addition, the new platform will ensure proper processing of all death claims and Inherited IRA’s. What does this mean for a beneficiary? When we are notified by the beneficiary or administrator of the estate of an IRA owner, we will submit to Ascensus all required documents that include but is not limited to a certified copy of a death certificate and beneficiary designations form. Ascensus will then process the death claim and handle all communications on behalf of WEPCO to and from the beneficiary(ies) or administrator, including payout arrangements.
IRA’s and Inherited IRA’s
Sweetheart of a Deal $100 Gift Card Winners:Bloomington Branch Winner – Jeremiah KingOakland Branch Winner - Gary SteyerKeyser Branch winner - William EvansLaVale Branch Winner - Amanda BroadwaterKingwood Branch Winner – Brian Meyers
800.292.8139 • www.wepcofcu.com
The evening began with Pastor Kenneth Caplinger of the Ebenezer – Springfield Charge, in Sunrise Summit, Romney and Springfield, WV, giving the invocation. A chicken breast dinner was then served.
After the meal, Mark Alexander, Chairman, came forward and introduced the management, staff, directors, and guests present. He recognized John Pattison, Charter Member; former Directors: Glenn Shaffer and his wife, Nancy; Bob Alkire and his wife, Marion; Bill McKenzie and his wife, Tootie; and Boots, wife of deceased Director Frank Woy; and former member employee Betty Smith.
Tonya Smiley came forward and introduced the entertainment for the evening: Donnie Carmen. He played various songs ranging from Elvis Presley’s “Blue Suede Shoes” to the famous gospel song “I’ll Fly Away.” He kept the guests engaged and entertained!
Becky McKenzie came forward and addressed the membership. Becky stated “New processes to enhance member service were developed and implemented in 2015 and helped to set our five year strategic goals to grow your credit union.” In addition, she stated “I am pleased to share that based upon preliminary conversations with the examiner in charge (NCUA), there were no troubling concerns with any areas of risk.” She ended with “Our future is bright and I am grateful that you have chosen WEPCO to be your financial institution of choice!”
Mark Alexander, Board Chairman, conducted the business meeting. He requested Jeff Conner of Fike, Conner and Associates to come forward and address the membership. Jeff stated, “Unlike NCUA, which audits risk, Fike, Connor & Associates audit WEPCO’s financial statements. WEPCO had $15 million in loan growth and reached $200 million in assets in 2015. Management has invested a lot in
Oakland Drive-Up Anniversary Winners:9:00 - Autumn Newcomb, 10:00 - Betty Elliott, 11:00 - Rob Corley, 12:00 - David Sisler, 1:00 - Regina Funk, 2:00 - Mary Hinebaugh, 3:00 - Melissa James, 4:00 - Jessie Thomas, 5:00 - Richard Gay, 6:00 - Chad Campbell
WEPCO Federal Credit Union held its 66th Annual Membership Meeting on Saturday, March 5, 2016 at 6:00 PM in the Barton Fire Hall of Barton, Maryland.
WEPCO Annual Meeting
technology to help WEPCO achieve its future goals.” Mark also commended past board members present for their part in helping WEPCO succeed. The Annual Report was accepted as written.
Mark asked Becky McKenzie and Michelle McElwain to come forward and present service awards. They presented awards to Nicole Moore, Member Service Loan Officer, for 5 years of service; and Michelle McElwain, Senior VP, for 15 years of service. In addition, the following employee not present will receive a service award: Jenny Shingler, Bloomington MSR, for 15 years of service.
Finally, Tonya asked for Diana Dayton, Ashley DiUbaldo, Brandy Roderick and Pastor Caplinger to come forward to help with the door prizes. She requested that Pastor Caplinger pull the door prize tickets. Carold Bland won the Grand Prize of a $500 VISA Gift Card; Kim Gattens and Delores Poland won $100 gift cards; and John Ours, Megan Machin, Rachael Dayton, Mary Crable, Louise Pfeifer, Scott Whetsell, Bob Poland and Donald Beeman all won $25 gift cards. The meeting ended at 8:00 PM with Pastor Caplinger giving the benediction.
Respectfully submitted,Diana Dayton, Secretary
FRAUD
800.292.8139 • www.wepcofcu.com
Talk with BeckyWEPCO employees are committed to providing you with the exemplary service necessary to earn the privilege of being your financial institution of choice. To help us achieve this goal, please take a moment to tell me how our people, products and services are meeting your needs.
Date: ____________ Your Name: _____________________________________
Your Comments: _________________________________________________
FRAUD FLASH – Reporting ScamsThere are several things you can do when you identify a scam:1. Notify us immediately so that we can take precautions
to protect your account, even if the fraudster has not seized any funds.
2. Gather as much information about the scam: names, dates, transactions involved, and why you believe it is a scam.
3. File a report with your local law enforcement.4. Place a fraud alert on your credit file
with the three major credit bureaus: Equifax at 800-525-6285; Experian at 888-397-3742; and TransUnion at 800-680-7289.
5. Obtain a free annual credit report from each of the above credit reporting agencies online at www.annualcreditreport.com or by calling 877-322-8228. Check for any loans or credit cards you did not open.
6. File a complaint with the FTC at ftc.gov/complaint, or for a cybercrime, submit a complaint with Internet Crime Complaint Center at ic3.gov.
Holiday ClosingsMemorial Day Monday, May 30, 2016Independence Day Monday, July 4, 2016
Below are the names of our latest “new” members of the Early Saver’s Club formally referred to as our
Teddy Bear Club. All children under one year of age or adopted within the last year are eligible to join will
receive a WEPCO Puppy, and we will begin your child’s savings with a $10 deposit. If you have recently been blessed with an addition to your family, let us start off your child’s financial future.
The Early Saver’s Club
Addison Annarelli-December 2014, Camrie Clem-April 2015, Lylah Haught-October 2015, Phoebe Hutcheson-March 2015, Lena McRobie-November 2015, Garrett Morton-September 2014, Madison Riggleman-May 2015, Aria Sigley-February 2015, Kenzie Weiss-August 2015, Jay Youngblood-August 2015.
Check out Our New Statements!
We have enhanced our statements and eStatements to give them a refreshing new look and feel!
eStatement users will still be able to access up to the last 14 months of statements via PAL Plus.
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