1. WINTER 2011 | www.esfcu.org
AnExchange
AnExchange
New Year’s Checklist
purchase your next auto with our low rates!
Things to Do
Celebrating 55 Years
of Serving the
tes.
e best auto ra Education Community
l Research th loan.
y existing car
l Refinance m
/used car.
l Buy a new November 11, 2010 marked our 55th
year of serving the financial needs of
the education community in Maryland.
Make No Payment until April 2011! With a mission to help our members
achieve their financial goals and dreams,
Every year we make a list of the goals that we want to accomplish in the New
we stand by these words each day we
Year! Whether it is to purchase a new house, begin a workout regimen, or buy a
new car! This January, we have an extra incentive for you to achieve your goals! provide service to you.
If you are in the market for a new or used auto, your timing couldn’t be better! The last several years have proven to be
From January 15th until February 28th, finance your new or used car difficult economic times for many. Even in
with us and your first payment will not be due until April 2011*! Already those times, we try to help you navigate
driving a new car, but financed it with the dealership or another institution?
the unexpected financial situations
Refinancing a loan from another institution with us may lower your payments.
tossed your way due to this economy.
This great offer, in conjunction with new auto rates as low as 2.49% APR** You have trusted us to be a safe haven
and used auto rates as low as 2.79% APR*** will help you to save big! Once for your deposits, and a life jacket with
you do the comparison shopping, you’ll find that this offer is the best around! Be loans, providing you with choices to help
sure to ask about our affordable GAP Protection, Route 66 Auto Warranty and
improve many of life’s sudden situations.
Credit Life Insurance products. All are available and
The best news is that the more
can be financed into your monthly payment.
you trust us to be your
So this year, let us help you clear your New Year’s primary financial
checklist! Allow us to be your one-stop-shop for institution, the more
great auto savings!
we grow, the more
* Members who purchase a new or used auto, or refinance their auto loan
from another institution, from January 15th thru February 28th are eligible for
we grow the more
deferred payments until April 2011. Interest will continue to accrue during the members we are
deferred period. This promotion cannot be combined with any other offer.
**2.49% Annual Percentage Rate (APR) is a fixed-rate on new auto loans financed for a maximum term of
able to help.
36 months. 100% financing is not to exceed Manufacturer’s Suggested Retail Price (MSRP). Other loan rates and
terms are available on new autos. Applications are subject to credit approval, and actual rate is based on your
credit. All rates are subject to change without prior notice.
Your Credit Union has
***2.74% Annual Percentage Rate (APR) is a fixed-rate on used autos financed up to 125% of the NADA trade value been around for a long time and
for a maximum of 36 months. Other loan rates and terms are available on used autos. Applications are subject to
credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
our mission remains unchanged.
(continued on page 5)
(continued on page 5)
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2. AnExchange
AnExchange
7 Helpful Tips to Help You Winterize Your Home
Is your home ready for the rigors of the upcoming winter? If it’s not, play it safe by preparing
ahead for winter weather. Be sure to winterize your home by following these 7 helpful tips:
TIP #1: Believe it or not, a simple TIP #3: It is good practice to have your Properly installed storm windows
tube of silicone caulk may be roof inspected every 3-5 years for and doors can cut your home’s
your best investment this heating any punctures, cracks or breaks. heat loss by 50 percent.
season. Polyurethane caulking A well-maintained roof can also TIP #6: Check exterior doors for wear
is a good all-around choice for lower your energy bills and help to and tear. Look for signs of leaking
sealing your home from drafts and prevent costly water damage. around the sill and threshold. Make
leaks. Inspect places to be caulked TIP #4: Another thing to watch out for sure weather stripping and seals are
outside your home like gutters and during the winter months is frozen okay. Inspect your home for torn or
downspout seams, plumbing and pipes. If you ever have a frozen water spotted insulation. Carefully
furnace vent pipes, flashing seams pipe situation, it can be big trouble examine your exterior siding and
between roof and siding, and and expensive to correct. One replace any missing or damaged
around door and window frames. of the simplest methods to help fasteners or screws.
TIP #2: Weather stripping exterior prevent water pipes from freezing TIP #7: Always remember to clean
doors and windows is an is to wrap them with heating tape. out and inspect rain gutters for
inexpensive heat-saver. To detect The heating element warms the leaks or holes. They should be
heat loss, just hold your hand at pipes and prevents freezing. slanted so water drains away
the edge of a window or door TIP #5: Be sure your storm windows from your home. If you find that
frame on a windy day. If you feel and doors are in place and in your gutters are full and need to
a draft, weather-strip the area. good condition. Even if your be cleaned, do so immediately.
You could see substantial savings window frames and doors are Not cleaning them could result in
on your electric and heating bills. caulked and weather stripped further unnecessary damage to
properly, heat may still escape. your home.
By following these helpful tips you can possibly eliminate expensive repairs, making your home safer and more energy
efficient when cold weather sets in. It takes a little planning and effort to winterize your home, but once done, it will be
worth the time and savings.
Is it Time to Consolidate Your
High-Rate Debt? A New Statement
Did you overindulge during these holidays? Has your financial situation
Look and Enhanced
brought you to a dead-end? Are you feeling trapped with high interest Audio Response Teller
credit cards and even higher monthly payments? If you answered yes to System (ART)
any of these questions, now may be the time to consolidate your high-rate
debt into one monthly payment with a signature loan. We are always looking for ways
to enhance our level of service for
A signature loan can save you time and lots of money! With rates as low you. Next month, your Credit Union
as 10.49% APR*, you can significantly reduce your current finance charges statement will have a different look to
and monthly payments. it. Product and service announcements
will now be printed right on your
Go in the right direction and save with an Educational Systems FCU statement. This new process will
signature loan. To apply, visit one of your save paper and allow us to provide
local branch locations, our website or you with important information in a
give us a call at 800.356.6660. timely manner. You may also notice
*10.49% Annual Percentage Rate (APR) is a fixed-rate a change in our Audio Response
with approximate terms up to 36 months. Other loan rates Teller (ART) system sometime in
and terms are available. Applications are subject to credit
approval, and actual rate is based on your credit. All rates the middle of March 2011. We will
are subject to change without prior notice. keep you informed about these new
enhancements as we get closer to
their implementation dates.
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3. Graduating Seniors:
Scholarship Money Is Available!
2011 Dorothy Marvil Memorial Scholarship
Now is the time to apply for the 2011 Dorothy Marvil Memorial
Scholarship. Five scholarships will be awarded to graduating
Saving for the Holidays high school seniors. To learn more about the scholarship and
its criteria, please visit www.esfcu.org and click on the
Just Got Easier! scholarship link. This is a one time scholarship that can be
used to pay for college expenses, from tuition to books.
As enjoyable as the holidays are, you may
All essays must be submitted via email no later than April 11,
be relieved that all the decorating, baking
2011, to scholarships@esfcu.org. For additional information,
and shopping is over, not to return until
please contact Lydia Gray at lgray@esfcu.org.
next year! If you spent more than you
planned and charged what you couldn’t
actually afford, you will likely be paying for
2011 Credit Union Foundation Scholarship
those purchases throughout the New Year.
If you are a member of a Maryland or District
Educational Systems FCU wants to help you
of Columbia based credit union that is currently
make next season trouble and debt-free!
entering their freshman year through senior
year of college, you are eligible to apply to win
Before the fruitcake becomes too stale to
a 2011 College Scholarship from the Credit Union
even consider eating, think now about
Foundation of MD & DC. Ten $1,000 scholarships
putting cash aside for next year’s holiday
will be awarded to winning applicants in May 2011.
season. By beginning today, you’ll save
yourself the stress of trying to come up with
Members must write an essay on the following topic:
gift money at the last minute, or purchasing
“How can your Credit Union best reach out to members
everything with your credit cards.
ages 18 to 25?” Applications for the scholarship program
can be found at: www.cufound.org/scholarship. Deadline
Our Sub-Savings Account makes saving
for essay/application submission is March 31, 2011.
throughout the year easy. It’s simple! You
determine the amount you want to save
each month and we’ll automatically transfer
money from your checking account to a
Introducing Mobile Banking
special savings account earmarked for the FAST. EASY. CONVENIENT.
holidays. In November, the balance of the
account will be available to you—just in With Mobile Banking you can:
time for your holiday shopping! • View your account balances
and transactions
To know how much you will need to • Transfer funds
set aside each month, first calculate • Change your e-mail address
how much you expect to spend on all • Change your password
holiday expenses next year (that includes
cards, wrapping, decorations, food and Login with these easy steps:
entertaining, as well as travel). Divide (Available only through mobile devices with Internet browsers)
by the number of months left in the • Go to https://onlinebanking.esfcu.org/mobile
year: that’s the amount that will be • Login with your User ID (Account Number)
automatically transferred. • Answer the challenge question
• Put in your password (same password used when logging into Online Banking)
To set up your Sub-Savings Account,
please visit your nearest branch You will have successfully logged into mobile banking. If you have questions regarding
location, our website, or give us a call at mobile banking, please contact a member service representative at 800.356.6660.
800.356.6660.
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4. Winter 2011 | www.esfcu.org
2011 Board of Director Nominations Charles Carroll Middle School
Our Community Corner
HISPANIC AWARENESS CELEBRATION
As members of Educational Systems FCU, you have the opportunity to elect members
October 13, 2010
of our Board of Directors. Two incumbents are eligible for re-election this year to serve
on the Board.
The following directors, Dr. Jerome Clark and Mr. George Denny, have indicated to
the Nominating Committee their desire and ability to continue for another term of
three-years on the Board of Directors. After careful consideration, the Nominating
Committee has nominated these individuals to the Board of Directors. Each candidate
has agreed to serve if approved by the general membership.
Members may petition, the board’s secretary, if they wish to include additional names
for nomination. Valid petitions must be signed by 1% of the members (374 members)
to the attention of: Board of Director Secretary, c/o Karen Jung, P.O. Box 179, Greenbelt,
Parents and students anxiously awaiting
MD 20768-0179. Included with the petition must be a statement of qualifications, address from Brenda Rosario, Bilingual
biographical data and a signed certificate by the nominee stating that he/she is School Financial Education Coordinator,
agreeable to the nomination and will serve if elected. All petitions must be received Educational Systems FCU.
no later than February 11, 2011. If no candidates qualify through the petition process, Brenda Rosario,
there will be no election by ballot. Nominations will not be accepted during the Annual Bilingual School
Financial Education
Meeting. The Annual Meeting will be held on Thursday, April 21, 2011, beginning at
Coordinator, spoke
6:00 p.m. at the Greenbelt Marriott, located at 6400 Ivy Lane, Greenbelt, MD. with students and
parent’s at Charles
2011 BOARD OF DIRECTORS NOMINEES Carroll Middle
Dr. Jerome Clark, Secretary George Denny, Director Schools Hispanic
Awareness
Celebration
Dr. Clark has been an Mr. Denny has over 35 about her career
educator for over 30 years years of experience as with the Credit
Union and the
before retiring from the a teacher, counselor
importance of saving and the benefits of
Prince George’s County and administrator with opening up a savings account with the
Public School system where he served in Prince George’s County Public Schools. Credit Union.
the capacities of teacher, administrator In addition, he’s served as a Council
and superintendent of schools. During his Member and the Mayor of Brentwood, Prince George’s Community College
time as superintendent, he was named Maryland. He’s served four years on the
THE GAZETTE MY FAVORITE TEACHER
Maryland State Superintendent of the Supervisory Committee, and the last WINNER’S RECEPTION
Year in 1998. He’s served on the Board of three years on the Board of Directors.
December 6, 2010
Directors for over 27 years.
2011 Credit Union Cherry Blossom Run/Walk
Anticipation mounts as Educational Proceeds from the run will benefit
Systems FCU gears up to be one of the Children’s Miracle Network
the proud sponsors of the Annual (CMN), an International non-profit
Left to Right: Lindsay McKenzie, Grade 10,
Credit Union Cherry Blossom Ten Mile organization dedicated to helping Bishop McNamara High School; Angelina
Run & 5K Run/Walk. This race attracts children by raising funds and Diehlmann, My Favorite Teacher High School
participants from all over the world and awareness for Children’s Hospitals Winner, Bishop McNamara High School;
Doug Hayes, Advertising Manager, The
takes place in the heart of the Nation’s throughout North America.
Gazette Newspapers and Victoria Samuels,
Capital on Sunday, April 3, 2011. VP Marketing, Educational Systems FCU.
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5. Winter 2011 | www.esfcu.org
Let the Reading Begin!
Attention students in Prince Georges, Charles, Calvert and St. Mary’s
Celebrating 55 Years
counties, the annual “Read and Hit a Home Run” with the Bowie Baysox (continued from page 1)
and “Pinch onto Books” with the Blue Crabs reading programs have
begun! Students have the opportunity to take advantage of two different For us, it’s all about helping you achieve
reading programs. Both programs encourage students to read a certain your financial goals and dreams. Our
number of books outside of their regular curriculum, and once the students dedication to educating our children about
have completed the reading, they will be awarded with a free ticket to a managing their finances is important and
baseball game in the spring. To help students keep track of their reading, we will continue to maintain a presence in
they can pick up a “Read and Hit a Home Run” or “Pinch onto Books” local schools. Providing you with quality,
bookmark from their school’s reading specialist or teacher. relevant financial products and friendly
service is at the top of our priority list, and
Help your Credit Union support education by taking advantage of both we will continue to make wise decisions
reading programs today! regarding the funds we all save together
and borrow from.
The Bowie Baysox The Blue Crabs
2011 Reading Night Games are: 2011 Reading Night Games are: Please share the benefits of membership
with an immediate family member or
April 30 @ 6:00 p.m. May 6 @ 6:00 p.m. coworker. For additional information
May 1 @ 2:00 p.m. May 7 @ 6:00 p.m. regarding membership eligibility guidelines,
May 20 @ 7:00 p.m. May 27@ 6:00 p.m. please visit www.esfcu.org. We
May 21 @ 6:00 p.m. appreciate your patronage and would
like to begin the New Year by saying…
”It’s a pleasure helping you!”
On behalf of the Board of Directors,
management and staff, we wish
you a very happy, prosperous and
healthy New Year.
Just Say “Credit”
Plus, when you just say CREDIT…every
and time you use your debit card, you get
charge-back rights, zero liability if fraud is
ever committed on your card and you also
enjoy the convenience of signing for your
Did you know that every time you swipe students in 2010. Our financial purchases—you don’t have to remember
your Educational Systems FCU Visa® literacy programs are used by a number a PIN!
Debit Card and select to use it as a of schools in our counties to help students
CREDIT transaction, you help us SUPPORT learn to become fiscally responsible adults. Helping the members of the education
EDUCATION? That’s right, when you use • Every year we provide $15,000 in scholar community has been the heart of
the credit side of your debit card; we earn ships to member students who attend high Educational Systems FCU since our
revenue that helps us provide numerous schools in the counties we serve. chartering in 1955 as a not-for-profit
services and benefits to the education • We also use funds to sponsor the “Read financial cooperative. The more you use
communities in the counties we serve. Here and Hit a Home Run” program with the products and services of your Credit
are just a few examples that are a direct the Bowie Baysox and the “Pinch Onto Union and the stronger we grow; the
result of your active use of the products and Books” program with the Southern more services we can offer you, the more
services offered here at your Credit Union: Maryland Blue Crabs. Both of these ball competitive our rates can be and the
• Educational Systems FCU conducted over clubs have given us an opportunity to more benefits we will be able to bring to
500 financial seminars for nearly 12,000 help our students learn to love reading. the education community. It’s a win-win.
5
6. AnExchange
AnExchange
Prst First Class
U.S. Postage
PAID
Southern MD
P.O. Box 179
Permit No. 305
Greenbelt, MD 20768-0179
Are You Taking Full
Advantage of Your
IRA Opportunities?
Individual Retirement Accounts (IRAs)
are one of the most powerful and
flexible tools to accumulate funds
for retirement. Opening an IRA is
one of the most important steps to
take in securing your financial future!
Educational Systems FCU can help
you take care of saving for tomorrow
through our Traditional, Roth and
Winter 2011 | www.esfcu.org
Education IRA options.
Locations
We offer extremely competitive rates. Corporate Office Mailing Address Hours for Branches and
Additionally, in today’s economic P. O. Box 179, Greenbelt, MD 20768-0179 Member Service Centers
800.356.6660 | 301.779.8500 Lobby Hours
environment, it’s even more important Fax: 301.985.4661 | www.esfcu.org Monday—Thursday 9:00 a.m.—5:00 p.m.
that your retirement investments are Friday 9:00 a.m.—6:00 p.m.
safe and secure. Your Credit Union Branch Locations Saturday 9:00 a.m.—1:00 p.m.
Bowie Branch Drive-Thru—Bowie Branch
insures Traditional and Roth IRAs up
Duvall Village Shopping Center Monday—Friday 8:00 a.m.—7:00 p.m.
to at least $500,000.* 4801 Glenn Dale Road, Bowie, MD Saturday 9:00 a.m.—1:00 p.m.
Upper Marlboro Branch
ATM Locations
As you think about your 2011 IRA Washington Plaza
24-Hour ATM Access at the above Branches and
8903 Presidential Parkway, Suite100, Upper Marlboro, MD
contributions, consider your Credit Member Service Centers
Waldorf Branch
Union as a safe haven for new deposits Smallwood Village Shopping Center For added convenience, an ATM is also located at the
and rollovers. For more information, 169A Smallwood Village Center, Waldorf, MD Charles County Board of Education
5980 Radio Station Road, La Plata, MD
contact us today! Greenbelt Branch
Maryland Trade Center I Hours: Monday—Friday, 8:00 a.m.—4:00 p.m.
* We offer insurance on your deposit accounts up to 7500 Greenway Center Drive, Suite 140, Greenbelt, MD
$500,000. The National Credit Union Administration
(NCUA) federally insures up to at least $250,000 per
California Member Service Center* 2011 Holiday Schedule
San Souci Plaza
member. This insurance is backed by the full faith and
22599-122 MacArthur Blvd., California, MD Martin Luther King Day Monday, January 17
credit of the United States Government. An additional
$250,000 of coverage is provided by Excess Share Prince Frederick Member Service Center* President’s Day Monday, February 21
Insurance (ESI), a private corporation. Traditional and Manning Building Memorial Day Monday, May 30
Roth IRAs are insured up to $250,000 by NCUA and 90 King George Way, Prince Frederick, MD Independence Day Monday, July 4
up to an additional $250,000 through ESI, all at no
*No Teller Services Labor Day Monday, September 5
cost to you.
Columbus Day Monday, October 10
All Card Services Veteran’s Day Friday, November 11
The phone number is 800.356.6660.You will Thanksgiving Thursday, November 24
be prompted to press 4 to report a lost or stolen
Christmas (observed) Monday, December 26
Visa Credit or Debit Card.
Who’s Who
Executive Board of Directors Supervisory
Officers Rosemary Brinkley Committee
Chris Conway Chairman Members
President/CEO Eva Chesley W. Cecil Short Your savings are insured up to $500,000. Your savings
Wayne Beall Vice Chairman Chairman are federally insured up to at least $250,000 by the
Vice President/CIO Maurice Erly Alonia Sharps National Credit Union Administration (NCUA), and
Laura Eacho Treasurer Secretary backed by the full faith and credit of the United States
Vice President, Dr. Jerome Clark Michele Winston Government. An additional $250,000 of coverage
Lending and Collections Secretary Member is provided by Excess Share Insurance (ESI), a private
Nahid Moghadam John Neville corporation. Traditional and Roth IRAs are insured
Vice President, Director up to $250,000 by NCUA and up to an additional
Member Services
George Denny $250,000 through ESI, all at no cost to you.
Victoria U. Samuels Director
Vice President, Marketing Alonia Sharps
Girado Smith Director Your savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
Senior Vice President/CFO NCUA
National Credit Union Association, a U.S. Government Agency
Your savings federally insured to at least $100,000
and backed by the full faith and credit of the United States Government
NCUA
National Credit Union Association, a U.S. Government Agency
