If you haven’t already funded your retirement account for 2011, do so by April 17, 2012. That’s the deadline for contributions to a traditional IRA, deductible or not, and to a Roth IRA. However, if you have a Keogh or SEP and you get a filing extension to October 15, 2012, you can wait until then to put 2011 contributions into those accounts. To start tax-free compounding as quickly as possible, however, don’t dawdle in making contributions.

1. Credit unions typically pay higher yields on savings and certificates compared to commercial banks. Plus, accounts are federally insured.

2. Credit unions’ loan rates are generally lower than those at commercial banks. Consider refinancing your bank loans and credit card balances at the credit union to save money.

3. Credit union service fees are often lower than the fees charged for similar services at commercial banks.

4. Credit unions still make small unsecured loans.

5. Credit unions have robust Web sites that allow you to obtain information and do your banking and bill payments online.

6. Credit unions offer low rate cards. Plus, you may qualify for a credit card when a bank would not extend you credit. Transferring high-rate bank and store credit to a credit union could result in significant savings.

7. Credit unions belong to ATM networks that allow you to make FREE withdrawals from your account at thousands of locations nationwide.

8. Credit unions are member-based non-profit organizations. When you join, you become a member-owner and can participate in electing the Board of Directors. All members have an equal vote, no matter the amount of money in your account(s) or the number of services you use. Profits are returned to members in the form of attractive savings and loan rates. In contrast, banks focus on profits for their shareholders.

9. Credit union membership is a lifetime benefit. Once you become a member, you can remain a member even if you change jobs or move to another area of the country

10. Your immediate family members are also eligible for credit union membership. Encourage them to join the credit union soon so they can enjoy the same benefits that you do.

Stop by, give us a call or explore our Web site soon to take full advantage of your membership

Holiday Scams Tips

Edgar Cosner, CEO of The United Federal Credit Union is pleased to announce that The United Federal Credit Union (TUFCU) has been recognized by Callahan and Associates as a leader among its peers for Return on Assets.  Callahan & Associates is one of the nation’s leading sources of financial information for credit unions. TUFCU ranks #1 nationally in the peer group ($50 million to $150 million). Return on Assets is a key metric to evaluate the financial strength of a credit union.

Ed noted:  “We share this recognition with all our employees who are diligent on a daily basis serving the membership”.

TUFCU has also maintained a Five Star Rating from Bauer Financial for asset quality, safety and soundness. It is good to know that your credit union is strong and safe.

Celebrate International Credit  Union Day with us on Thursday, October 20, 2011

To here a message from CUNA’s CEO click here.

To view a video celebrating this day by credit union employees click here

Open House at all Branch Locations!!!

Refreshments will be served.

Holiday Club Account balances will transfer to checking or savings accounts on Tuesday, November 1, 2011.

Open enrollment for new Holiday Club Accounts for Year 2012 is November 2011.

Anyone interested should contact your local branch office for additional details.

Sign up for online banking!

The United Federal Credit Union’s Home Banking service lets you conduct a variety of transactions on your credit union accounts anytime day or night, right over the Internet. Needless to say, this will make handling your financial affairs much more convenient. With Home Banking you will be able to check your balance, transfer money between accounts, make a payment on a loan and receive your statements electronically.

After you log on, look for the item “E-Statement” on the menu bar. Click on e-statement sign up to receive statements electronically.  You will begin to receive statements on the next statement cycle for your share type.

Click here to enroll in home banking.

Bill Pay Online will be offered soon.

See our Loan Page for a special rate on new car loans!

The United Federal Credit Union’s Home Banking service lets you conduct a variety of transactions on your credit union accounts anytime day or night, right over the Internet. Needless to say, this will make handling your financial affairs much more convenient. With Home Banking you will be able to…

✔ Check your account balances ✔ Make a payment on a loan

✔ Transfer funds between accounts ✔ See if a check has cleared

✔ Draw from your line of credit ✔Eliminate paper statements

✔ Reconcile your account ✔Download your transactions

✔Request a check

Bill Pay Online

Go Green – Receive and pay your bills electronically so you won’t have to worry about bills and payments being lost in the mail.

✔Be more secure with electronic bill payments

✔Receive and pay electronic bills (e-Bills)

✔Schedule one-time or recurring payments  with payment rules

✔ Track payments through US Postal System

✔Saves time and money!  Avoid costly expenses for ordering checks, purchasing envelopes & buying stamps

✔ Low cost alternative to writing and mailing checks

Secure Login

United’s Secure Login is a process that identifies you as the true owner of your online account. Not only will you be recognized by your password, your computer will be recognized as well. If you need to login from a location other than your primary computer, one that our secure server doesn’t recognize, you will be prompted to provide information that only you will know.

Your Partner for Life!