a better w ay - Educational Systems Federal Credit Union

WINTER 2o13
A BETTER WAY
Serving the
Education Community
Proudly
Now that MCT has joined Educational Systems FCU, we’re a newly expanded
family, finding a better way together.
For over 60 years, we’ve proudly served the education community. Our mission is
and always has been to grow by helping the members of the education community
achieve their financial goals and dreams. Over the decades, that commitment has
earned us a trusted reputation as we help our members plan for the future.
When members talk about our Credit Union, they don’t mention numbers or decimal
points, they talk about interactions, relationships and a sense of belonging. They
talk about the emotions of saving for tomorrow and managing their finances today—
and knowing we’re always there to back them up. It’s what makes us more than a
financial institution. It’s what makes us your Credit Union based on the cornerstones
of our mission and core values of:
Integrity
A Better Way…
To Find Convenience
3
To Finance Life
4
To Get Things Done
6
To Stay In Touch
8
Competence
Commitment
Respect
As part of the education community, we’re always listening and ready to serve you.
Together, we’ll always find a better way.
To Support Education 10
EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG
PMS540/PMS124
The Clarksburg Branch is Now Open
The Clarksburg Branch is open and ready for business—
A Division of Educational Systems FCU
located on your way to work, school, home, soccer, piano
or a night out. Come on by 23225 Stringtown Road in
Welcome to Educational Systems FCU! I am happy to welcome you to our education
Clarksburg, Maryland and say “Hi” to everyone at the new
family serving over 95,000 members in six Maryland counties with 11 branches. Our
Educational Systems FCU an excellent fit. We look forward to demonstrating our absolute
commitment to you, your financial well-being, and to the education community. Now that
you are part of our education family, this is the last time you will be seeing the MCT logo.
I know that your first week of being brought into our systems after the New Year was
tough for many of you as you faced long lines in our branches and difficulties in reaching
us. During those tough few days, I worked along with our employees helping members
over the phone, via email and in every one of our Montgomery County Branches. I
heard your stories and empathized with the anxiety of those who had issues and urgent
questions. I do not want to downplay the frustrations that some members had with
understanding the new systems and getting helped. I do, however, want to acknowledge
the appreciation we have for the members who were very supportive and exceptionally
patient even when confronted with long lines and busy signals. I was so pleased to see
members help one another, and help our employees as we worked through questions
and issues.
At Educational Systems FCU, we are always working to find a better way. Whether it
branch. There, you’ll find everything you’ve come to expect
TO FIND CONVENIENCE
core purpose is to serve the education community which makes MCT’s joining with
A BETTER WAY
WELCOME
TO OUR MCT MEMBERS
President/CEO
PMS540/PMS369
Convenience has Found a Home in Clarksburg
To Our Members
From MCT
Chris Conway
PMS540/PMS512
from your Credit Union including:

Deposit automation
ATM that takes checks
without an envelope

Teller pods for a
personal experience

Lending and
Clarksburg Branch
23225 Stringtown Road
Clarksburg, MD
8:30 am to 5:30 pm (M-F)
8:30 am to 2:00 pm (Sat)
savings expertise
Our new Clarksburg Branch
location at 23225 Stringtown Road,
Clarksburg, MD
Get directions at esfcu.org.
You Have Access to Over
70,000 Surcharge-Free ATMs
There is always a Credit Union 24 “CU Here” ATM conveniently located across the U.S. All you
need is your current address or location. Type it in at esfcu.org and we’ll show you hundreds of
ATMs in your area, from cash-only ATMs, to full service, deposit taking machines that add time
is in recognizing the need for more detailed Online Banking instructions, or needing
and convenience to your day.
to your requests, we are here to help you. It is the education community that brings
Look for the Credit Union 24 “CU Here”
ATM logo at many nearby ATMs.
to have employees work over a weekend because there is an urgent need to respond
us together. We know the education community because we are a part of it. We have
proudly served the education community for 60 years and we will continue doing just
that for years to come.
Chances are, that little ATM at the supermarket or convenience store is surcharge-free for
members like you. And with over 70,000 ATMs dotting the country, there are plenty of full-size,
full-service machines available 24/7 for your convenience.
As always, if you have a question or comment, we are here and we are listening. I know
Find one near you at esfcu.org/branchatmlocations.
I speak for all of us when I say, “Thank you and welcome to Educational Systems FCU.”
It’s a pleasure helping you,
CHRIS CONWAY
President/CEO
Please share your comments and feedback
with us at wearelistening@esfcu.org.
PAGE 2 | EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG
EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG | PAGE 3
PMS5
PMS540/Pantone Process Blue
PMS124/PMS540
Reward Yourself with the Right Card
Are you looking to transfer a balance from a higher
Earn double reward points with every
save some money? Do you want a card that rewards
APR*. The Visa® Rewards card gives you two
rate credit card over to Educational Systems FCU to
you with every purchase? Or are you interested in
a card with no surprises, including no annual fee?
Carry an Educational Systems FCU Visa in your
TO FINANCE LIFE
A BETTER WAY
®
wallet and you’ll have found the perfect financial tool.
Choose the Visa® with No Annual Fee, a
variable rate to help maintain your good credit and
more. Pay your full balance every month and this
card won’t cost you a thing.
purchase with a rate as low as 3.25%
ScoreCard® Rewards points for every dollar you
spend with a variable rate as low as 3.25% APR*.
Nice, right? You’ll save money with every purchase
while you earn double points for vacations, hotel
accommodations, airfare, brand name merchandise
and even pay your annual fee.
Find peace-of-mind with a fixed rate
Visa® Gold card. Once your credit line is
approved, you’ll know exactly what your interest
rate is for every purchase, everyday.
worry-free
Go
with a no annual fee
Everything that’s great about carrying a Visa credit card
Visa®
Visa® Rewards
Visa® GOLD
No Annual Fee
$50 Annual Fee
$35 Annual Fee
Variable Interest Rates starting
as low as 9.25% APR*
Variable Interest Rates starting
as low as 3.25% APR*
Fixed Interest Rate starting
as low as 12.9% APR**
No balance transfer fees
No balance transfer fees
No balance transfer fees
No cash advance fees
No cash advance fees
No cash advance fees
now comes with No Annual Fee. Nada. Zero. Zilch. Zip!
Apply online for your Educational Systems FCU Visa
with No Annual Fee at esfcu.org.
rewards
Double your
and lower your rate
Start planning ahead. The Visa Rewards card earns
Double ScoreCard® Rewards points with every
purchase—that’s two points for every dollar you
Showcase Your Creativity
Whatever card you choose, it’s yours to customize with CardsYouDesign. Put a picture of your pet on the
front of your card, or show the world you’re an educator, student or parent with a look that says it all. The
CardsYouDesign option is available for all of our Credit Cards. To get started, visit esfcu.org, apply for
spend. Points you can use to purchase name-brand
merchandise, travel, kitchen appliances, electronics
and pay your annual fee.
your card and start personalizing.
Simplify Your Budget with Visa® eStatements
Sign up for Visa® eStatements at esfcu.org and conveniently view your most recent bill online and check
Agency Contact: Daniel Büenger
to see how many points you’ve earned during the
month. It’s a free service that makes staying on budget
1227 West Magnolia Avenue
that much easier.
Suite LL100
Fort Worth, Texas 76104
Apply for Your Card Today
p. (817) 870-2717
f. (817)
336-2737 call 301.779.8500 (toll free 800.356.6660),
Choose the card that’s right for you then click over
to esfcu.org,
c. (214) 632-7950
or stop by any branch.
kearley.com
* Variable interest rate-index (Prime Rate) + a Margin. Maximum interest rate (will never exceed) 18.00%. Interest rate is based on credit score.
Annual percentage rate may vary.
** Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice.
Transfer your
balance and
save
There are a lot of good reasons to carry a credit card,
including safety, convenience and saving money. If you
have a balance on another card that has a higher interest
rate, now is a great time to transfer your balance and save
money every month with no balance transfer fees.
See how easy it is to save money with something
as simple as a balance transfer. Call 301.779.8500
(toll free 800.356.6660), stop by any branch or
apply online at esfcu.org.
PAGE 4 | EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG
EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG | PAGE 5
PMS540/PMS512
PMS540/PMS369
Take Your Financial Life to the Next Level
Move Your Finances Forward…Bring Your Finances Home
Welcome to Educational Systems FCU
There’s a movement across the country to bring
10 minutes to learn the ropes. From that point on,
We’re always looking for a better way. That’s why we work hard to add new branch and ATM locations throughout the
Put My$Dashboard to Work
As your Credit Union, we offer the products and services you want and need, including:
community and yourself—starting with your
personal finances.
TO GET THINGS DONE
PMS124/PMS540
New Year, New Financial You
things back home. The idea is to support your
A BETTER WAY
PMS540/Pantone Process Blue
When you bring your finances home to
Educational Systems FCU, you’re making your
financial life that much easier to manage and grow.
Without half-a-dozen accounts spread out all over
the place, you’ll have a better picture of your finances,
and that can help you make more informed decisions.
At Educational Systems FCU, we’ve built our financial
tools around this idea—to make it easier for you to
start the new year with a new budget and a few new
extracurricular activities.
Sign Up for Online Banking
Located at the corner of ease and convenience sits
Educational Systems FCU Online Banking. It’s a
Sometimes you have accounts outside the Credit
Union that cannot be moved, like a 401(k) investment
fund, credit card and more. My$Dashboard allows
you to see every balance, every transfer and every
payment to improve your financial future all on one
screen. Best of all, My$Dashboard is a free service
in Online Banking.
Find the link to My$Dashboard, give it a click and
follow the on-screen instructions to add your outside
financial institutions. Once you do, we’ll help you
create a budget, identify where all your money goes
each month, set spending targets and identify ways
to save more.
free service for members who want to manage their
Get more from your finances at esfcu.org, stop by
started, all you need is your account number, some
(toll free 800.356.6660).
entire financial lives with a few simple clicks. To get
confidential information that only you will know, and
community. We even come to our members with branches in schools and locations on some local college campuses.
you’ll save countless hours every month.
any branch or give us a call at 301.779.8500
Find Balance in Your Financial Life
We can all use some budgeting and financial advice throughout our lives. Balance is a free financial fitness
program that delivers unbiased credit and budget counseling to Educational Systems FCU members.
Give Balance a Try
Call 888.456.2227 and talk with a financial counselor today. It’s very private, very informative
and very good for you and your financial future. Learn more about Balance at esfcu.org.
Get Your Taxes Done Right
& Save Money Doing It
SM

Checking & Savings

Mortgage Loans

Certificates and IRAs

Personal Loans

Online Banking

Visa® Credit Cards

Credit Union 24 “CU Here” ATMs

ScoreCard® Rewards

BillPayer

Auto Buying Assistance

My$Dashboard

Summer Pay Program

eStatements

FoolProof Financial Education

e-Lerts

Star Member Program

Audio Response Teller (ART)

Insurance Products

Direct Deposit

Education Affiliations

Automatic Payments

Branch Locations at Schools

Online Calculators

Auto Loans
and on College Campuses
Find everything we offer from Online Banking to investment accounts and ATMs at esfcu.org.
Educational Systems FCU Comes to You
We’re always looking for a better way to serve the education community. By bringing branches
to K-12 schools and college campuses, we’ve brought convenience and ease to countless
members wherever they live, work or go to school.
Online at esfcu.org
Visit esfcu.org anytime and find exactly what you need. That includes a simplified Online
Banking and BillPayer, easy online loan applications and contact information that puts you
in touch withAgency
the right
people
in the
right departments.
Contact:
Daniel
Büenger
1227 West Magnolia Avenue
Suite LL100
Fort Worth, Texas 76104
p. (817) 870-2717
f. (817) 336-2737
c. (214) 632-7950
kearley.com
Are your taxes a bit more complicated than the free EZ option? Save money
with your Credit Union membership when you use TurboTax® to complete
your return. Visit esfcu.org to get your taxes done right today.
PAGE 6 | EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG
EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG | PAGE 7
PMS540/PMS124
PMS540/PMS512
PMS540/PMS369
PMS540/Pantone Process Blue
PMS124/PMS540
2013 Board of Director Nominations
Find a Branch Near
You Wherever You Go
As members of Educational Systems FCU, you have the opportunity to elect members to the Board of Directors.
The Nominating Committee has nominated the following individuals to the Board of Directors for another term of
Want to find another branch location or ATM near work,
three years: Eva Chesley, Philip McGaughey Jr. and John Neville. The Nominating Committee has also nominated
school or home? Visit esfcu.org/branchatmlocations.
Susanne DeGraba to the Board of Directors for a one-year term. Each candidate has agreed to serve if approved
2013 Board of Directors Nominees
Director
Susanne DeGraba
Director
Mrs. Chesley has served
Mr. McGaughey has
Mr. Neville has served
Mrs. DeGraba was
18 years, in addition to
of Directors since his
for the past nine years,
of Directors in 2012.
on the Board for over
serving on the Supervisory
Committee. She taught
for over 30 years before
retiring from Charles
County Board of Education
and has also previously
served as President and
Secretary of the Education
Credit Union Council.
served on the Board
appointment in 2012. He
is currently the Director of
the Division of Procurement
for Montgomery County
Public Schools and
has over 25 years of
experience overseeing
budget, fiscal management
and controls.
on the Board of Directors
having also served on the
Supervisory Committee.
He worked for over 30
years as a administrator
and instructional
supervisor before retiring
from Prince George’s
County Public Schools.
appointed to the Board
Currently, she is the
Chief Financial Officer
for Montgomery County
Public Schools with over
20 years of financial
leadership experience
in education.
Members may petition the Board’s Secretary if they wish to include additional names for nomination. Valid petitions
must be signed by one percent (500 members) of the full membership and sent to the attention of: Board of Directors
Secretary, c/o Karen Jung, P.O. Box 179, Greenbelt, MD 20768-0179. Included with the petition must be a statement
of qualifications, biographical data and a signed certificate by the nominee stating that he/she is agreeable to the
nomination and will serve if elected.
All petitions must be received no later than March 5, 2013. If no candidates qualify through the petition process,
there will be no election by ballot. Nominations will not be accepted during the Annual Meeting.
Save the Date:
Educational Systems FCU Annual Meeting
Thursday, April 25, 2013 | Beginning at 6:00 pm | Greenbelt Marriott | 6400 Ivy Lane, Greenbelt, MD
PAGE 8 | EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG
CORPORATE OFFICE
Maryland Trade Center 1
7500 Greenway Center Drive
Suite 1400
Greenbelt, MD
Greenbelt Branch
Maryland Trade Center 1
7500 Greenway Center Drive
Suite 140
Greenbelt, MD
Aspen Hill Branch
13711 Georgia Avenue
Silver Spring, MD
Middlebrook
Agency Branch
Contact: Daniel Büenger
12850 Middlebrook Road
1227
West
Magnolia Avenue
Suite 1
Germantown,
Suite MD
LL100
Bowie Branch
DuVall Village Shopping Center
4801 Glenn Dale Road
Bowie, MD
California Branch
San Souci Plaza
22599-122 MacArthur Blvd.
California, MD
Fort Branch
Worth, Texas 76104
Rockville
15901 Frederick
Road
p. (817) 870-2717
Rockville, MD
f. (817) 336-2737
Prince c.
Frederick
Branch
(214) 632-7950
705 Prince Frederick Blvd.
kearley.com
Prince Frederick, MD
Cherry Hill Branch
12500 Prosperity Drive
Silver Spring, MD
Upper Marlboro Branch
Washington Plaza 1
8903 Presidential Pkwy, Suite 100
Upper Marlboro, MD
Clarksburg Branch
Highlands Shopping Center
23225 Stringtown Road
Clarksburg, MD
Waldorf Branch
169A Smallwood Village Center
Waldorf, MD
SCHEDULE
John Neville
HOLIDAY
Director
2013
Philip McGaughey Jr.
TO SERVE YOU
Eva Chesley
Vice Chairman
LOCATIONS
TO STAY IN TOUCH
A BETTER WAY
by the general membership.
DR. Martin Luther
King Jr. Day
Monday, January 21
Presidents’ Day
Monday, February 18
Memorial Day
Monday, May 27
Independence Day
Thursday, July 4
Labor Day
Monday, September 2
Columbus Day
Monday, October 14
VeteranS Day
Monday, November 11
Thanksgiving Day
Thursday, November 28
Christmas Day
Wednesday, December 25
EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG | PAGE 9
PMS124/PMS540
Proud to Serve the
Education Community
Baseball and Reading
is a Grand Slam!
Educational Systems FCU members are parents, students and teachers—they are part of the education
The annual “Read and Hit a Home Run” with
2013 Bowie Baysox
Reading Nights:
designed to give back—to support our members who do so much for the education community.
the Blue Crabs reading programs have begun!
Southern MD Schools
community. Every decision we make as a credit union, every service we offer and product we introduce is
TO SUPPORT EDUCATION
A BETTER WAY
We Support Education because our members are extraordinary people who share, impart, mentor and
teach. They take the time, and so do we, through partnerships and sponsorships, scholarships and special
recognition events.
Serving Up the Best Products and Services for the Education Community
While nothing is ever perfect, we are always looking for a better way to serve our members, including the
product and services, added convenience and expanded resources you need to add time to your day and
enjoyment to your life—from the best rates in town, to the best Online Banking advancements in the industry.
Whatever it is you need as a member, we’re always one-step ahead—all because we Support Education,
wherever you are in your journey.
the Bowie Baysox and “Pinch Onto Books” with
Earn Your Free Baseball Ticket
Students who love to read are encouraged
Saturday, April 13 at 6:35 pm
Sunday, April 14 at 2:05 pm
to “Hit the Books” and read a certain number
of books outside of their regular curriculum.
Prince George’s County and
Montgomery County Schools
Those who “Get on Base” are awarded with
Friday, April 26 at 7:05 pm
a free ticket to a baseball game during the
Saturday, April 27 at 6:35 pm
of their reading, pick up a “Read and Hit a
2013 Blue Crabs
Reading Night:
from their school.
Friday, April 26 at 7:05 pm
season. To help your students keep track
Home Run” or “Pinch Onto Books” bookmark
Learn more about how we Support Education at esfcu.org.
Introducing the “My Favorite Teacher”
Award Recipients
Apply for Your
Educational Systems FCU Scholarship
Once again, Educational Systems FCU was a proud
High School
sponsor of the My Favorite Teacher contest. In all,
Entries are now being accepted for the Educational Systems FCU High School Scholarship given in memory
there were 155,000 nominations from elementary,
of Dorothy Marvil. Six $3,000 scholarships will be awarded to graduating high school seniors. This is a one-time
middle and high school students throughout the
scholarship that can be used to pay for college expenses from tuition to textbooks. Entry deadline for essays is
community. In the end, three winners emerged
March 15, 2013. Scholarship qualifications, information and application are available at esfcu.org. All essays
including; Allison Waite (Berwyn Heights Elementary),
must be submitted electronically to scholarships@esfcu.org.
Jelani K. Lattimore (Isaac J. Gourdine Middle
School), and W. Mario Williams Jr. (Fairmont Heights
High School). As the official High School sponsor,
Educational Systems would like to congratulate all
the winners, especially W. Mario Williams Jr. the
Agency
winningContact:
teacherDaniel
from Büenger
Fairmont Heights High School.
1227 West Magnolia Avenue
Suite
LL100 was nominated by Graceila Celada,
Mr. Williams
Fort Worth, Texas 76104
a senior at Fairmount Heights who stated, “If I had
p. (817) 870-2717
a machine that would put Steve Harvey, President
f. (817) 336-2737
Barack
Obama and Dr. Martin Luther King Jr. all in
c.
(214) 632-7950
one person, the outcome would be Mr. Williams.”
kearley.com
PAGE 10 | EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG
Community College
Left to Right: W. Mario Williams Jr. (12th
Grade Teacher, Fairmont Heights High
School), Graceila Celada (12th Grade
Student, Fairmont Heights High School),
Victoria Samuels, VP, Community Relations
(Educational Systems FCU)
Three $3,000 scholarships will be awarded to full-time students returning for the 2013-2014 academic school
year. One scholarship will be awarded to one student attending the following colleges: College of Southern
Maryland, Prince George’s Community College and Montgomery College. This is a one-time scholarship that can
be used to pay for college expenses from tuition to textbooks. The entry deadline for essays is March 15, 2013.
Scholarship qualifications, information and application are available at esfcu.org. All essays must be submitted
electronically to scholarships@esfcu.org.
EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG | PAGE 11
P.O. Box 179
Greenbelt, MD 20768-0179
Prst First Class
U.S. Postage
PAID
Merrifield VA
Permit No. 322
Serving the
Education
Community
Our Vision: To be the premier financial services provider for the education
community. Our Mission: To grow by helping the members of the education
OUR
community
achieve their financial goals and dreams. Our Core Values: Integrity,
MISSION:
Competence,
Respect.
Vision: To be the premier financial ser“To growCommitment
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for
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community.
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members of the education
community achieve their financial goals and dreams.
VISION:
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be the premier financial
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community.”
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CORE VALUES: Integrity
their financial goals and dreams. Our Core Values: Integrity, Competence, Com-
Competence
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services provider
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for the education community. Our Mission: To grow by helping Respect
the members of
the education community achieve their financial goals and dreams. Our Core
Values: Integrity, Competence, Commitment and Respect. Our Vision: To be the
premier financial services provider for the education community. Our Mission:
Your savings are insured up to $500,000. Your savings are federally insured up to at least $250,000 by the National Credit Union Administration (NCUA),
and backed by the full faith and credit of the United States Government. An additional $250,000 of coverage is provided by Excess Share Insurance (ESI),
a private corporation. Traditional and Roth IRAs are insured up to $250,000 by NCUA and up to an additional $250,000 through ESI, all at no cost to you.
To grow by helping the members of the education community
PAGE 12 | EDUC ATIONAL SYSTEMS FCU | WINTER 2013 | ESFCU.ORG