Making Resolutions May Improve Your Financial Condition It’s not as hard as you might think to achieve financial success. Here’s how: * Break goals into short-term goals that are easier and quicker to achieve. * Set up automatic transfers to your Emory Alliance Credit Union savings accounts. * Set up daily or weekly reminders for things you need to do to achieve your goal. * Track your progress. * Meet with someone often, like one of our financial representatives, who will encourage you to stick to your goal. * Know that you’ll reward yourself if you reach your goal. emoryacu.com Inside this issue: Board of Directors Nominations Decatur YMCA Angel Tree TurboTax ® Sweepstakes Increasing Your Credit Score Searching for that missing piece? EMORY ALLIANCE CREDIT UNION | NEWSLETTER | WINTER 2017 Save the Dates: Car Sale b Saturday, April 22 Annual Meeting b Thursday, May 4 Holiday Closing: President’s Day b Monday, February 20
Transcript
Making Resolutions May Improve Your Financial ConditionIt’s not as hard as you might think to achieve financial success. Here’s how:
* Break goals into short-term goals
that are easier and quicker to achieve.
* Set up automatic transfers to your
Emory Alliance Credit Union savings
accounts.
* Set up daily or weekly reminders
for things you need to do to achieve
your goal.
* Track your progress.
* Meet with someone often, like one
of our financial representatives,
who will encourage you to stick to
your goal.
* Know that you’ll reward yourself
if you reach your goal.
emoryacu.com
Inside this issue:
Board of Directors Nominations
Decatur YMCA Angel Tree
TurboTax® Sweepstakes
Increasing Your Credit Score
Searching for that missing piece?
Emory AlliAncE crEdit Union | nEwslEttEr | wintEr 2017
One very important way in which credit unions differ from other financial
service providers is our volunteer board of directors.
Each year, Emory Alliance Credit Union, like many
other credit unions, asks members to select individuals
to serve on the board of directors. These board members volunteer their time to set the policies of the
Credit Union and provide direction for the management staff.
A nominating committee recommends a slate of Credit Union members to fill open board positions for the
upcoming year. Currently, Emory Alliance Credit Union has 11 directors, and has three board
positions open for nomination and placement.
Board of Directors Nominations
Nomination Procedures According to Emory Alliance Credit Union bylaws, director nominations may also be made by petition. To have a valid petition:
b It must be signed by one percent of its members.
b Each petition must include a statement of qualifications and brief biographical data on the person being nominated, and
b The person being nominated must sign an acknowledgment stating that, if elected, he or she is willing to serve.
Petitions may be obtained at any Emory Alliance CU office. Petitions must be received at the Credit Union no later than March 20, 2017. The election will not be conducted by ballot and there will be no nominations from the floor when there is only one nominee for each position to be filled. The minimum age for voting is 16, and the minimum age to hold office is 18.
The secretary of the Credit Union will post all nominations for board vacancies at each Credit Union office. And, if there is more than one nominee for each available position, the secretary will send out ballots to all eligible Emory Alliance Credit Union voters at least 30 days prior to the Annual Meeting date.
Be on the lookout for mailed nomination procedures along with the biographies of the nominees by February 18.
SAVE THE DATE!
ANNUAl MEETINgb Thursday, May 4, 2017b Cox Hall Ballroom –
569 Asbury Circleb 12:00 noon – 1:00 pmCheck our website for more details.
Decatur YMCA Angel Tree Every year, the YMCA hosts an event called the
Angel Tree to give back to the children in the
community for the holidays. Emory Alliance
Credit Union was given a list of eight children
this year to “adopt”. We are proud to say that
our employees, with their own personal time
and money, adopted all eight children and
provided them with presents to unwrap on
Christmas.
Enter the TurboTax® $25,000 Payday Sweepstakes! Emory Alliance Credit Union has teamed up
with TurboTax® to get you your maximum
refund, savings of up to $15 on TurboTax
federal products, and a chance to win $25,000!
Visit our website at emoryacu.com to try
TurboTax Online for FREE (and provide your
email address) by February 16 to be automati-
cally entered in the TurboTax $25,000 Payday
Sweepstakes.1
1 One $25,000 Grand Prize; twelve $1,000 First Prizes. No purchase necessary. Promotion ends 2/16/17. TurboTax $25,000 Payday Sweepstakes. NO PURCHASE OR FINANCIAL DISCLOSURE NECESSARY. Open to legal residents of the fifty (50) United States or the District of Columbia, 18 years of age or older at time of entry, who are customers of participating Financial Institutions or employees of participating businesses. Void in Puerto Rico and where prohibited by law. Sweepstakes ends 2/16/17. Subject to complete Official Rules and all applicable federal, state and local laws. For Official rules including odds of winning, alternate method of entry, and prize descriptions, visit https://turbotax.intuit.com/go/sweepstakesrules. PRIZES: 1 Grand Prize: A check for $25,000. Retail value, $25,000. 12 First Prizes: A check for $1,000. Retail value, $1,000 each. Maximum retail value of all prizes is $37,000. The odds of winning a prize depend upon the total number of eligible entries received by the end of the Promotion Period. SPONSOR: Intuit Inc., 7535 Torrey Santa Fe Rd, SDG-2A-03-22E, San Diego, CA, 92129. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries.
Where will $25,000 take you?
Try TurboTax® for FREEto be entered to win
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1. Improve your credit-use ratio. Part of what affects your credit score is the ratio of the amount you owe to the amount of revolving credit you have. So if you have $5,000 in credit (totaled among your credit cards) and you owe $4,000, your ratio is 80%. Typically, if your ratio is below 50%, your credit rating will be higher.
2. Pay your bills on time. If you have a 30-, 60-, or 90-day late payment on your record (or worse, several of them), you’re driving down your credit score. Make a habit of paying your bills on time.
3. Apply for new credit only when you need it. Ten percent of your credit score is determined by how many new credit accounts you’ve opened and the number of times lenders have checked your credit. Another 15% of your score is determined by the length of your credit history. When you add a new account into the mix, the average age of your credit accounts drops.
4. Diversify your credit. Having only one type of credit account doesn’t show a clear enough credit history to build your score. Having a personal or auto loan that you pay regularly will round you out.
5. Monitor your credit. Regularly check your credit report. You can get it for free at Annualcreditreport.com once a year. Not only can this help protect you from identity theft, it can also show you potentially erroneous negative marks on your record. If you have any of those, dispute them with the credit agency; positive resolutions will build your credit score.
Federally insured by NCUAWe do business in accordance with the Federal Housing Law and the Equal Credit Opportunity Act
P
emoryacu.com
main office
1237 Clairmont RoadDecatur, GA 30030404.329.6415
Emory campus Branch
Dobbs University Center605 Asbury CircleAtlanta, GA 30322404.329.6415
Emory midtown Branch
W.W. Orr Building478 Peachtree Street, NESuite 101AAtlanta, GA 30308404.686.2559
Searching for that missing piece?
b A long-range retirement savings plan b A consistent retirement income strategy
b A tax-deferred strategy
I’d like to help you put the pieces of the puzzle together. The missing pieces are often within reach. So, call me at 404-486-4324 today. I can show you the big picture and let you know what pieces need to be in place as you plan for financial freedom.
Mike ButtsProgram Manager
404.486.4324
Registered Representative of INVEST Financial Corporation, mem-ber FINRA/SIPC. INVEST and its affiliated insurance agencies offer se-curities, advisory services and certain insurance products and are not affiliated with Alliance Retirement & Investment Services or Emory Alliance Credit Union. INVEST does not offer tax or legal advice. Prod-ucts offered are: Not NCUA insured. Not a Deposit. Not Credit Union Guaranteed. May lose value including loss of principal. 140832
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