Spring - Credit Union of Georgia

Do You Use
the Shared
Service Center
Network?
There are over 3,168 branch locations in the
United States where you can make deposits,
withdrawals, loan payments, transfers between
accounts, and inquire about your Credit Union of
Georgia accounts!
Shared branching is a cooperative network
of credit unions that have joined together and
created shared service centers across the
country. By sharing facilities, credit unions can
offer greater convenience for members to access
their accounts at many locations just as if they
were at their home credit union.
To take advantage of this service, all you need to
do when you enter a shared branch is remember
Credit Union of Georgia’s full name, your account
number, and have photo identification with you.
To find a Service Center location near you, just
visit www.CUofGA.org and then click on the
Service Center link at the top of the page. Once
you enter the CU Service Centers page you
can click on a state or enter an address. Need
to locate a shared branch by telephone? Call
1-800-919-CUSC (2872). It’s that simple!
New ATM to Serve You
In the Kennesaw State University Student Center
We have added a NEW Credit Union of Georgia ATM
to better serve you! The new ATM is located on the
campus of Kennesaw State University (KSU) inside
the Student Center.
This new ATM is currently in operation and ready for
use. Whether you’re on campus for work, school, or
pleasure, stop by and use the new Credit Union of
Georgia ATM on the campus of KSU. Log on to
www.CUofGA.org to view a list of current
Credit Union of Georgia ATM and Branch locations.
Traveling Overseas Soon?
Now You Can Purchase or Cash in Foreign Currency
at Your Credit Union
Whether you need to
cash in unused or
unwanted foreign
currencies or
purchase foreign
currency for
your out-ofthe-country
experience, we
can help. In as little
as 1 to 2 business
days, we’ll help you
turn your U.S. dollars into
one of 105+ foreign currencies—leaving you less time
to worry about setbacks, and more time to relax and
enjoy your time away! When it comes to
traveling out of the country, packing just
might be your biggest worry! With three
options for delivery--home, office, or a nearby
Credit Union of Georgia branch location--and
3 convenient methods to order—online, via
telephone, or at any Credit Union of Georgia
branch location—Credit Union of Georgia is
your one-stop shop for foreign currencies,
traveler’s cheques, and much, much more!!
Log on to www.CUofGA.org, visit one
of our convenient locations, or call us at
678-486-1111 for more details.
Notice of Change for Visa® Credit & Debit Cardholders
Single Currency & Multi-Currency International Transaction Fees
Effective April 4, 2008,
Visa® will implement
an International Service
Assessment (ISA) of 0.80 percent for single-currency
international transactions. Visa® will also continue
to apply the existing ISA fee of 1% for multi-currency
international transactions.
Currently when purchases and cash withdrawals
are made in foreign countries, foreign currencies
are debited from your account in U.S. dollars. The
exchange rate to dollars is determined in accordance
with the operating regulations established by
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Visa® International. The exchange rate between the
transaction currency and the billing currency used for
processing international transactions is a rate selected
by Visa® from the range of rates available in wholesale
currency markets for the applicable central processing
date, which rate may vary from the rate Visa® itself
receives, or the government-mandated rate in effect
for the applicable central processing date, in each
instance plus or minus any adjustment determined
by the Credit Union; you may contact Credit Union of
Georgia for information regarding this adjustment
amount. The exchange rate used on the processing
date may differ from the rate that would have been
used on the purchase date or cardholder statement
posting date.
A fee of 1% of the amount of the transaction, calculated
in U.S. dollars, is imposed on all foreign transactions,
including purchases, cash advances and credits to
your account. A foreign transaction is any transaction
that you complete or a merchant completes on your
card outside of the U.S., Puerto Rico or the U.S.
Virgin Islands.
If you have any questions regarding Single Currency
and Multi-Currency International transaction fees,
please contact our MAPS (Mail and Phone Service)
department at 678-486-1111.
News
Ms. Frances Theodocion Named
Director Emeritus
Ms. Frances Theodocion
began her time on the Board
of Credit Union of Georgia in
March of 1981, by appointment
to the Supervisory Committee
of then MACO Educators
Federal Credit Union.
In June of 1982, Ms. Theodocion was appointed
to the Board of Directors and reelected in October
of 1983. Since 1983, Ms. Theodocion served
many positions on the Board of Directors for
Credit Union of Georgia.
In December of 2007, Ms. Theodocion retired
from the Board of Directors after over 25 years
of service. Because of Ms. Theodocion’s many
years of service and dedication to MACO
Educators Federal Credit Union and Credit Union
of Georgia she was named Director Emeritus by
the Board of Directors in February of 2008.
The Board of Directors, the Management Team,
and the Staff of Credit Union of Georgia would
again like to extend their greatest appreciation
to Ms. Theodocion for her years of service and
dedication to the Credit Union.
All Branches Will
Be Closed Until
10:30 AM on
Wednesday,
May 21st
To better serve your financial needs training
will be held for all Credit Union of Georgia staff
members on a quarterly basis beginning
May 21st. These sessions will be used to
inform our employees about upcoming events,
products, services, and updates on policies
and procedures.
The first training session will be held
Wednesday, May 21st. The training session
will conclude and the branches will open by
10:30 am on this day.
There will be a notice posted in the branches
and on the website closer to the date to remind
you. Thank you for your understanding on this
opportunity to better the staff of Credit Union
of Georgia.
Help Protect Your
Credit Union
Deduct-A-Buck
Every Credit Union of Georgia member has a reason
for belonging to the credit union. Maybe it’s the ties the
credit union has with your employer or maybe this is
where your parents have their accounts. Maybe you
don’t even think about the reasons you belong, but
banks do. Banks are fighting every day to put credit
unions out of business. Credit unions bring competition
to the marketplace and provide a low-cost alternative.
Without this competition, fees would rise and ultimately
you would end up paying more for basic financial
services. Banks have tried to change the laws that
allow credit unions to operate. Since credit unions are
currently tax-exempt, one of the top lobbying efforts by
banks is to tax credit unions. Every dollar credit unions
would be forced to use to pay taxes is a dollar that
could not be returned to you in dividends.
The Credit Union Political Action Committee (CUPAC)
and Credit Union Legislative Action Council (CULAC)
encourage credit union-friendly candidates through
campaign funds and grassroots campaign support.
Credit unions are prohibited from making political
contributions; however you, along with other Credit
Union of Georgia members, can make a big difference
by making a small donation to Georgia CUPAC/CULAC.
The “Deduct-A-Buck” program enables credit union
members to have one dollar deducted from their
account monthly to support Georgia CUPAC/CULAC.
This is an easy way to show your support for credit
unions and the representatives that support them
in Washington.
In order to protect your Credit Union and your money,
please complete the form below to have $1.00
deducted from your account monthly. You can mail
this form to Credit Union of Georgia at P.O. Box 2148
Woodstock, GA 30188 or fax it to 678-322-2141.
All monies collected will go to fight this attack on
credit unions.
DEDUCT-A-BUCK AUTHORIZATION FORM
YES! I would like to make a contribution in support of
the credit union industry.
q Deduct $1.00 per month from my Share ID 00 account.
Name:____________________________________________
Account #:_________________________________________
Email:_ ___________________________________________
Address:_ _________________________________________
Employer:_________________________________________
Occupation:________________________________________
Signature: ___________________________Date:_ _________
By signing above you attest that your contribution is strictly voluntary. The
information requested on this form is required by law and will not be used by
any third party. Contributions to the federal and state PACs are not deductible
for federal tax purposes. This is a monthly donation.
There’s a Big Difference Between
Not Working and Not Worrying
A Message from CU of GA Financial Services
Are you approaching retirement…
or already retired? If so, you should
have a retirement income plan in
place to meet your goals.
• “How do I know if my income will last … or run out?”
• “How should I handle the rollover of my 401(k) plan?”
• “What about taxes, inflation, rising healthcare costs, low
interest rates, and a fluctuating stock market?”
If you’re like most people, you
concentrate on when you’ll retire.
However, it’s much more important to think about
how you’ll retire… and how you’ll be able to have a
steady income. A “hit or miss” plan for generating
retirement income may prevent you from enjoying
the stress-free retirement journey you’ve worked so
hard for.
A CU of GA Financial Services Representative can work
with you to answer these questions and build a plan for
your retirement income that allows you to live without
worrying about whether you’ll outlive your savings.
Ask yourself the following questions:
Representatives are registered, securities are sold, and investment advisory
services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/
SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way,
Waverly, Iowa 50677, toll-free (866) 512-6109. Nondeposit investment and
insurance products are not federally insured, involve investment risk, may lose
value and are not obligations of or guaranteed by the financial institution.
CBSI is under contract with the financial institution, through the financial
services program, to make securities available to members.
1385-P1786F1 (1107)
Sam Davis
• “Am I financially prepared to retire?”
• “How much income can I realistically expect from
my savings?”
• “What sources of income should I draw upon
and when?”
For more information, or to arrange a personal one-on-one
retirement income planning consultation, contact
Sam Davis at 678-322-2241.
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