OCTOBER 2021 ECU INSIGHTS *APR = Annual Percentage Rate. Rate is based on credit rating and is subject to normal credit approval. Rates and terms are subject to change without notice. Rate stated is for a 36-month term, 2015 model or newer. PAYMENT EXAMPLE: $28.43 per $1,000 financed at 1.49% for 36 months. Other terms available. Excludes existing ECU loans. Certain restrictions apply. ECU membership is required. Federally Insured by NCUA. Phone scams come in many forms, but they tend to make similar prom- ises and threats, or ask you to pay certain ways. Here’s how to recognize a phone scam. THERE IS NO PRIZE - The caller might say you were “selected” for an offer or that you’ve won a loery. But if you have to pay to get the prize, it’s not a prize. YOU WON’T BE ARRESTED - Scammers might pretend to be law enforcement or a federal agency. They might say you’ll be arrested, fined, or deported if you don’t pay taxes or some other debt right away. The goal is to scare you into paying. But real law enforcement and federal agencies won’t call and threaten you. THERE’S NEVER A GOOD REASON TO SEND CASH OR PAY WITH A GIFT CARD - Scammers will oſten ask you to pay in a way that makes it hard for you to get your money back — by wiring money, pung money on a giſt card, pre- paid card or cash reload card, or using a money transfer app. Anyone who asks you to pay that way is a scammer. Source: hps://www.consumer.ſtc.gov/arcles/phone-scams How To Recognize a Phone Scam
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OCTOBER 2021
ECU INSIGHTS
*APR = Annual Percentage Rate. Rate is based on credit rating and is subject to normal credit approval. Rates and terms are subject to change without notice. Rate stated is for a 36-month term, 2015 model or newer. PAYMENT EXAMPLE: $28.43 per $1,000 financed at 1.49% for 36 months. Other terms available. Excludes existing ECU loans. Certain restrictions apply. ECU membership is required. Federally Insured by NCUA.
Phone scams come in many forms, but they tend to make similar prom-ises and threats, or ask you to pay certain ways. Here’s how to recognize a phone scam.
THERE IS NO PRIZE - The caller might say you were “selected” for an offer or that you’ve won a lottery. But if you have to pay to get the prize, it’s not a prize.
YOU WON’T BE ARRESTED - Scammers might pretend to be law enforcement or a federal agency. They might say you’ll be arrested, fined, or deported if you don’t pay taxes or some other debt right away. The goal is to scare you into paying. But real law enforcement and federal agencies won’t call and threaten you.
THERE’S NEVER A GOOD REASON TO SEND CASH OR PAY WITH A GIFT CARD - Scammers will often ask you to pay in a way that makes it hard for you to get your money back — by wiring money, putting money on a gift card, pre-paid card or cash reload card, or using a money transfer app. Anyone who asks you to pay that way is a scammer.
Complete form and return to ECUMail: Loan Dept., PO Box 20728, Waco, TX 76702 • Fax: 254-776-4487 • Email: [email protected]
By signing this form, I authorize the skip-a-payment on the loan(s) indicated and understand that interest will continue to accrue on the balance of the loan(s) and extend the term of the loan(s). Offer expires 1/31/22. All faxed or mailed forms must be received by 1/31/22. Subject to normal credit approval. Loans advanced after June 1, 2021 are not eligible. Delinquent loans are not eligible. Loans excluded from this offer include: MasterCard, home improvement, home equity, real estate related, balloon notes and overdraft protection. The $30 processing fee must be paid prior to payment date and cannot be rolled into the loan balance. I understand that skipped payments may affect GAP insurance claims and payments. Other restrictions may apply. Form must be signed to be valid.
Upcoming EventsOct. 25-29 C.U.B. Club Pumpkin Contest All C.U.B. Club members are invited to drop off their decorated pumpkins. Deadline is Oct 28th. Check the C.U.B. Club newsletter for information.
Oct. 1st Scholarship applications available Print one online or pick one up at your local ECU branch.
Oct. 21st International Credit Union Day Credit unions everywhere celebrate the credit union difference.
Warm-Up to skipping your loan payment
Committed to Community
In August, ECU was recognized by Midway ISD with the Friend of Midway award.From right to left, Jo Ann Brown, Board Chairman, William Palasota, President and Rachel Wilde, Marketing Director accepted the award on behalf of the credit union.
ECU took part in many back-to-school events as school staff returned to start the year. Pictured at left Chris Beckman at Copperas Cove ISD, above Monica Krenek at Lorena ISD.
Committed to Community
Kylee Schroeder Howard, Miss West, handed out ECU water bottles, towels and candy at the
Westfest parade.
Do you have a favorite teacher?Teachers do so much for their students every single day! Let them know how much you appreciate them by nominating them for the Student’s Choice Award.
Nominations can be made at www.edcu.com on the News and Events page or www.kxxv.com. Fill out the short form to submit your nomination.
One teacher each month during the school year will be recognized.
Locations: Main Office - 501 W. State Hwy 6 • 254-776-7900TSTC Office - 100 Bolling Dr. • 254-799-8946Hewitt Office - 501 N. Hewitt Dr. • 254-666-7711Lake Shore Office - 2400 W. Lake Shore Dr. • 254-752-1815Robinson Office - 641 N. Robinson Dr. • 254-662-9595Gatesville Office - 306 S. Lovers Ln • 254-865-8664Copperas Cove Office - 201 E. Robertson Ave. • 254-547-4411Trojan Branch at UHS - 3201 South New Rd. • 254-756-1843 x2019
Holiday Closings: Columbus Day - Monday, October 11th Veterans Day - Thursday, November 11th Thanksgiving Day - Thursday, November 25th Christmas Day - Saturday, December 25th New Year’s Day - Saturday, January 1st
Every year ECU sends funds to the state from ac-counts which are inactive. In the state of Texas, an account is considered inactive after one year if no transactions are completed on the account. After three years of inactivity, the funds in those ac-counts are sent to the state. To keep your account from becoming inactive be sure to make a deposit or withdrawal from your account at least once a year.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States government. National Credit Union Administration, a U.S. Government Agency
Inactive Accounts
Do we have your correct address and phone num-ber? Please keep your contact information up-to-date at the credit union. Should there be any issues concerning your account, we need good contact information in order to reach you.
Keep your Address Updated
ECU will provide information on the following documents on request:
1. A summary of the most recent annual audit2. The most recent statement of financial condition3. IRS Form 990 report4. Articles of Incorporation5. Bylaws and Rules
Requests must be made in person, by a member of legal age, at ECU’s main office located at 501 W. State Hwy 6 in Waco.
