The Commentator - Army Aviation Center Federal Credit Union

Summer is a time for fun, and Army Aviation Center Federal Credit
Union (AACFCU) is here to make your summer fun easier and more
affordable! We finance new and used boats, RVs, jet skis, motorcycles,
ATVs and more, and we offer low rates to give you low payments.
We offer up to 100% financing and flexible terms on new and used
purchases. You can apply at any branch, online or by phone. You can
also apply at any one of our preferred dealers for on-the-spot financing.
Make sure you tell the dealer you want to finance with AACFCU!
Don’t miss out on the fun this summer! Let us help you hit the road or
the water and leave more money in your pocket at the same time.
Boats
and Jet Skis
as low as
4.75% APR
*
RVs
as low as
4.75% APR*
Motorcycles
and ATVs
as low as
4.25% APR*
*APR means annual percentage rate. Quoted rates are the lowest available rates and reflect all possible discounts. Your
rate will be based on your credit score and may be higher. Rates and terms are subject to change based on market
conditions and borrower eligibility. Offer good with approved credit for loans new to AACFCU. Restrictions may apply.
Contact us for full details.
This year, we're celebrating
50 years of service to you,
our members! Follow us
on Facebook and Instagram
for fun surprises and
updates and see pictures
from previous events when
you search for hashtags
#inthemixsince66 and
#cheersto50years.
We Can Help Pay for College
We've partnered with Sallie Mae to offer the Smart Option Student Loan allowing families to design a
private education loan that's right for them.
The Smart Option Student Loan offers competitive variable
and fixed rates, no origination fees or prepayment penalties,
multiple repayment options, and interest rate reduction when
you enroll in the automatic debit option. For more information
or to apply, visit www.aacfcu.com, click on the Loans tab and
scroll to Personal to see the Smart Option Student Loan link.
AACFCU is not the creditor for these loans and is compensated for the referral of Smart Option Student Loan
customers. This information is for borrowers attending degree-granting institutions only. Credit criteria and eligibility
requirements apply. MKT1108A 07/15
ELECTED and APPOINTED OFFICIALS
NEW FACES IN NEW PLACES! Stop by and say hello!
BOARD OF DIRECTORS
Jack Worthington is the new branch manager at our Troy
branch located at 651 Alabama Highway 87 in Troy. Jack
has been in the financial services industry for 27 years and
is very involved in the Troy community. He currently serves
as the chairman of the Pike County Chamber of Commerce
in addition to other leadership positions in other organizations. Jack replaces former branch manager Bridget Felder
upon her move to our Mobile Airport branch in Mobile, AL.
LTC (Ret) Leslie C. Mingus.............. CHAIRMAN
LTC (Ret) Thomas L. Frezell...VICE CHAIRMAN
Gerald Strange................................. SECRETARY
Richard “Cracker” Waldrop............ TREASURER
Mickey Davis........................................ MEMBER
Larry Eagerton...................................... MEMBER
MAJ (Ret) Marc Snyder........................ MEMBER
SUPERVISORY COMMITTEE
Donna Brackin................................. CHAIRMAN
Elmaree Gordon.............................. SECRETARY
Floyd Rodgers....................................... MEMBER
Candace Stafford is the new branch manager at our Dothan
East branch located at 1380 East Cottonwood Road in Dothan. Candace has worked with the Credit Union for nearly
9 years and replaces former branch manager Christina Dear
upon her move to a new area.
SUPERVISORY COMMITTEE
P.O. Box 778 • Daleville, AL 36322-0778
MISSION STATEMENT
Army Aviation Center Federal Credit Union is a
member-owned financial institution. Its purpose is
to maximize member benefits through costeffective financial services. Army Aviation Center
Federal Credit Union endeavors to expand while
maintaining financial soundness and promoting the
principles of the “Credit Union Movement” in the
local, national and international communities.
Nikki Moates is the new branch manager at our Fort Rucker branch located at 8937 Red Cloud Road on Fort Rucker.
Nikki has worked with the Credit Union for nearly 10 years
helping members with loans and other financial services.
She replaces Candace Stafford on her move to our Dothan
East branch.
IRA Withholding
DIVIDENDS
The Board of Directors declared
dividends for the period ending in
June 30, 2016 as follows:
Compounded Quarterly
Rate
APY*
Regular Shares
0.10%
0.10%
Christmas Club Accounts
0.15%
0.15%
IRA Accumulation
Accounts
0.15%
0.15%
Compounded Monthly
Rate
APY*
Money Market Account
Access
0.30%
0.30%
*Annual Percentage Yield
Payments from your IRA are subject to federal
income tax withholding unless you elect no
withholding. You may change your withholding
election at any time prior to your receipt of a
payment. To change your withholding election,
complete the appropriate form provided by your
Credit Union. Withholding from IRA payments,
when combined with other withholding, MAY
relieve you from payment of estimated income
taxes. However, your withholding election does
not affect the amount of income tax you pay.
You may incur penalties under the estimated
tax rules if your withholding and estimated tax
payments are insufficient.
CONGRATS
©2013 Ascensus, Inc., Middleton, WI
ANNUAL MEETING ELECTIONS
At AACFCU’s annual meeting held
on May 18, 2016, Board of Directors Member Larry Eagerton was
re-elected by acclamation to serve
a three-year term. Thank you,
Mr. Eagerton, for your continued
service!
CHRISTMAS CLUB UPDATE
In order to allow our members the
opportunity to use their funds
earlier in the 2016 holiday season,
funds in your Christmas Club savings account will be transferred to
your primary savings account
October 14, 2016.
In celebration of our 50th anniversary, we awarded $25,000 in scholarships to high school seniors this year.
Fifty students each received $500 to aid in college expenses this fall. Scholarship winners were chosen based
on academic achievement, extra-curricular activities and essay responses.
AACFCU offers scholarships each spring to graduating high school seniors attending a four-year, accredited
institution. Information on the 2017 Jim H. Mitchell scholarship will be available at www.aacfcu.com this fall.
2 | Army Aviation Center Federal Credit Union COMMENTATOR | July 2016
MICR # and Account #: What’s the difference?
MICR stands for magnetic ink character recognition, and it’s the line of numbers that runs across the bottom of your
check. It’s made up of two to three different groups of numbers, and the format is uniform across the country so
financial institutions can read and accurately process large numbers of checks. Your MICR number may also be required
to set up direct deposit with your employer or for many online
transactions.
The routing number is the first group of numbers on the MICR line
and is the financial institution’s unique identification number.
AACFCU's routing number is 262183749. The second group of
numbers is your account number; however, it often looks different than the account number you may be used to
seeing. In this case, your account number is written as it is needed for automated transactions and will likely include
several zeros before your actual account number begins. Your check number is the third group of numbers.
If you don't use checks, you can also find this information online. Our routing number can easily be found on our homepage at www.aacfcu.com when you click the Routing & Transit Number link in the top right corner of the page. You can
find your account number in the MICR format when you log in to your Internet Account Access and click on the account
in question. In the box that lists your total balance and your available balance, click on See Account Details and look for
your ACH number.
Save
the
Date!
Dothan Area
Car Sale
Oct. 13-15
UPCOMING HOLIDAY
CLOSINGS
Our 2nd Annual Dothan Area Car Sale
is coming this fall! We are partnering
with some of the best car, boat and
RV dealers in the Dothan area to bring
you amazing deals on a new ride. Mark
your calendars for October 13-15 and
look for more information to come.
We help thousands of members get
low rates and low payments each
year, and we are looking forward to
doing it again this year!
Monday, July 4
Independence Day
Monday, September 5
Labor Day
Monday, October 10
Columbus Day
AACFCU Donates $15,000 to Fort Rucker's AER
Last month, AACFCU donated $15,000 to Fort Rucker’s Army Emergency
Relief (AER) Fund following our 26th annual golf tournament held in May.
AER is the Army’s own emergency financial assistance program dedicated to helping active and retired soldiers when there is a vital need.
Fort Rucker’s AER campaign raised $158,028 and will provide loans
and grants to soldiers, retirees, family members and survivors.
Our annual golf tournament is our primary fundraiser for Fort Rucker’s AER Fund each year. Thank you to everyone who participated in
the tournament to make this year’s donation possible!
Pictured L-R: Col. Shannon T. Miller, Fort Rucker garrison commander;
Bobby Michael, AACFCU president/CEO; Command Sgt. Maj. William D. Lohmeyer,
Fort Rucker command sergeant major
July 2016 | Army Aviation Center Federal Credit Union COMMENTATOR | 3
AACFCU
Donates
$21,441
to CFF
LOCATIONS
www.aacfcu.com • cuinfo@aacfcu.com
Daleville Operations Center • 238 Virginia Ave.
P.O. Drawer 8, Daleville, AL 36322
Dixie Phone Banking (334) 598-4411 or (800) 448-4096
Call Center (334) 598-4411
Outside the calling area (800) 448-4096
Dothan 671-1890 • Enterprise 393-5909
Opp 977-1266 • Ozark 774-4929 • Troy 670-0308
BRANCH OFFICES
Daleville
341 N. Daleville Ave.
Daleville, AL 36322
Mobile Airport
6631 Airport Blvd.
Mobile, AL 36608
DeFuniak Springs
1421 U.S. Hwy. 331 South
DeFuniak Springs, FL 32435
Mobile Bates
8501 Tanner Williams Rd.
Mobile, AL 36608
Dothan East
1380 E. Cottonwood Rd.
Dothan, AL 36301
Mobile Brookley
1994 S. Broad St.
Mobile, AL 36615
Dothan North
2462 Montgomery Hwy.
Dothan, AL 36303
Mobile Downtown
127 Dauphin St.
Mobile, AL 36602
Dothan South
2525 South Park Ave.
Dothan, AL 36301
Mobile West
750 Downtowner Blvd.
Mobile, AL 36609
Dothan West
123 S. Woodburn Dr.
Dothan, AL 36305
Mortgage Service Dept.
2462 Montgomery Hwy.
Dothan, AL 36303
Enterprise East
1238 Rucker Blvd.
Enterprise, AL 36330
Opp
301 W. Cumming Ave.
Opp, AL 36467
Enterprise South
Motor Branch
5030 Boll Weevil Cir.
Enterprise, AL 36330
Ozark North
1184 E. Andrews Ave.
Ozark, AL 36360
Enterprise West
1201 Boll Weevil Cir.
Enterprise, AL 36330
Enterprise
Motor Branch
115 Shellfield Rd.
Enterprise, AL 36330
Fort Rucker
8937 Red Cloud Rd.
Fort Rucker, AL 36362
Ozark South
1548 South U.S. Hwy. 231
Ste. G
Ozark, AL 36360
Santa Rosa Beach
200 Mack Bayou Rd.
Santa Rosa Beach, FL 32459
Troy
651 AL Hwy. 87
Troy, AL 36079
ATM ONLY LOCATIONS
FORT RUCKER, ALABAMA
Aviator’s Landing
Bldg. 113 Novosel St.
DALEVILLE, ALABAMA
AACFCU Operations Center
238 Virginia Ave.
Base Operations Bldg.
Cairns Army Airfield
LUVERNE, ALABAMA
SMART Alabama
121 Shin Young Dr.
Lowe Airfield
Bldg. 40110
Post Exchange
Bldg. 9214
Soldier Service Center
Bldg. 5700
Lyster Army Health Clinic
Bldg. 301 Dustoff St.
Post Commissary
8900 Division Rd.
MOBILE, ALABAMA
Federal Building
109 St. Joseph St.
Providence Hospital
6801 Airport Blvd.
TROY, ALABAMA
Sikorsky
299 Airport Blvd.
Trojan Center
435 Luther Dr.
Troy University Campus
For your convenience, AACFCU is open Monday-Friday
from 8:30 a.m. CST until 5:00 p.m. CST. On Fridays,
drive-thru teller windows remain open until 6:00 p.m.
CST at all branches except the Fort Rucker branch which
closes at 5:00 p.m. Call Center hours are Monday-Friday
from 7:30 a.m. CST until 6:00 p.m. CST.
We also partner with more than 5,000
Co-Op Shared Branches nationally
and in seven foreign countries to serve
you. To find a location, go to:
www.co-opsharedbranch.org.
Army Aviation Center Federal Credit Union donated $21,441 to the Cystic
Fibrosis Foundation (CFF) after a company-wide fundraising campaign
in April and May. The Credit Union is an annual sponsor of the CFF Great
Strides Walks in Dothan and Mobile, and employees coordinate fundraisers at each Credit Union location.
Thanks to the generosity of our employees and members, our branches
raised $13,941 in donations, and AACFCU donated an additional $7,500
to CFF.
Cystic fibrosis (CF) is a progressive, genetic disease that causes persistent
lung infections and limits the ability to breathe over time. The Cystic Fibrosis Foundation is the world's leader in the search for a cure for cystic fibrosis, and nearly every CF-specific drug available today was made possible
with the foundation’s financial support.
Whether your dream is to own a cottage in the woods or
purchase a condo on the golf course, we can help!
Americans purchased 1.13 million vacation homes in 2014 resulting in
21% of all U.S. home sales that year, according to a National Association of
Realtors® study.
Army Aviation Center Federal Credit Union can provide a mortgage loan so
you can enjoy a vacation home. Going into the venture involves a balance of
personal and financial decisions. Here's what to consider according to More
Within Reach Magazine:
Think ahead–Ask yourself some questions. Will you have visitors, and if so,
will you have the room to accommodate them? Is this a retirement home or
an investment? If you'll be staying at your second home for several months
at a time, how will you handle health care and other essentials?
One thing you won't have to worry about is conducting business with
AACFCU. Our online banking and shared branching opportunities can
make being miles away from your regular home seamless.
Consider more than purchase price and monthly payments– When you're
purchasing a second home, it's important that you factor in other considerations in addition to purchase price and monthly payment. Maintenance
costs can add up quickly. Ask yourself if you want a fixer-upper or if you
want something that will take less time and money to maintain. Also take
into account other costs such as electricity and transportation costs going
between your two homes.
4 | Army Aviation Center Federal Credit Union COMMENTATOR | July 2016