Q uarters WORTH

Q
uarters WORTH
Quarterly Newsletter for SPC Credit Union Members
www.spccu.org
3rd Quarter 2012
Hartsville
843-332-4506
Darlington
843-393-4225
Bennettsville
843-479-9697
Florence
843-665-7682
Toll Free
800-249-8459
ANYTIME Telephone Response
843-383-0417
or
888-334-8317
(toll free)
If you know your party’s
extension, call:
843-383-0090
or
800-247-7228
followed by the extension
On the Web
www.spccu.org
Mailing Address
P.O. Box 1355
Hartsville, SC 29551
Don’t let financing stand in the way of your dreams! A home
equity loan is a great way to pay for:
l Wedding l College Tuition
l Home Renovations l Vacation
This loan features a one-time application and rates as low as
Prime*. We even pay up to $500 in closing costs! Contact our
Mortgage Department at 843-332-4506 or 1-800-249-8459 and
see how dreams can still come true.
*The prime rate is the highest prime rate published in the “Money Rates Table” of the Wall Street Journal on the last business day
of each quarter. Prime is a variable rate; as it changes, the APR on your account will also change. The APR will be based on the
prime rate minus a margin of up to 1.00% with a minimum floor rate of 4.00%. The maximum APR that can apply is 18.00%. Credit
is subject to approval. A home equity line of credit is secured by a first or second mortgage lien on your home, which must be oneto-four family residential real estate. This type of credit is not available for manufactured homes. Loan fees and closing costs vary up
to approximately $800. Flood and/or property hazard insurance may be required. Other restrictions may apply. The present APR of
4.00% is current as of May 24, 2012. All Credit Union loan programs, rates, terms and conditions are subject to change at any time
without notice. Consult your tax advisor regarding the deductibility of interest.
INSTANT PRE-APPROVAL
Tired of the hassle associated with car shopping? We can
save you time and money! SPC Credit Union offers instant
pre-approval for auto loans. It’s as simple as clicking the
“Auto Resource Center” button on our homepage. SPC –
taking the frustration out of car shopping!
2012 Scholarship Winners
2012 Scholarships were presented at SPC’s
Annual Meeting on March 29, 2012. (Winners
from L to R) Joshua Godwin, Dallas Rhoad,
Caroline Byrd, Melody McColl & Eliza Truett
Rates
Board of Directors
Travis Walters, Chairman
Frank Benson
Vice Chairman
Jimmy Shelley
Secretary/Treasurer
Mark Burns
Clyde Hooks
Edward Shumake
Sylvester Wilson
President/CEO
William B.Varn
Supervisory Committee
Jerry Cheatam
Pansy Howell
Helen Sherrill
Loan Committee
Kendra Braddock, Staff
Linda Jordan, Staff
Jon Zeigler, Staff
Donna Sansbury, Staff
Lobby Hours
All Locations
Monday - Friday
8:30 a.m. - 5:00 p.m.
Drive Through Hours
All Locations
Monday - Friday
8:00 a.m. - 5:30 p.m.
Sonoco Office
8:30 am – 5:00 pm
Monday – Friday
Closed 1:15 – 2:15
for Lunch
Holiday Closings
Independence Day
July 4, 2012
Labor Day
September 3, 2012
The dividend rates as of the last dividend declaration date, May 24, 2012.
Accounts Annual Percentage Yield
*Share Accounts
0.30%
*Share Draft Accounts 0.10%
*IRA Share Account 0.90%
*Club Accounts 0.30%
VISA© Classic Card VISA© Platinum Card Annual
Percentage
Rate
11.90%
9.90%
*Variable Rates — The dividend rate and the annual percentage yield rate may change every month as determined by the Credit Union Board of Directors.
Minimum balance required to earn the stated APY on Share Drafts is $5,000. Terms and conditions subject to changes without notice. Please contact the
credit union for further information about applicable fees and terms at 800-249-8459 or 843-332-4506.
LOAN RATES
PERSONAL LOANS, LINES OF CREDIT, OVERDRAFT PROTECTION,
HOLIDAY AND VACATION LOANS
NEW AUTO LOANS PREMIUM AUTO LOANS (Previously Titled but less than 48K miles)
USED AUTO LOANS (Greater than 48K miles)
NEW BOATS, MOTORCYCLES, & OTHER RECREATIONAL VEHICLES
USED BOATS, MOTORCYCLES, & OTHER RECREATIONAL VEHICLES
NEW MOTOR HOMES & CAMPERS
USED MOTOR HOMES & CAMPERS
OTHER COLLATERAL
AS LOW AS 8.50% APR*
AS LOW AS 2.99% APR*
AS LOW AS 4.99% APR*
AS LOW AS 6.75%APR*
AS LOW AS 6.50% APR*
AS LOW AS 8.00% APR*
AS LOW AS 6.50% APR*
AS LOW AS 8.00% APR*
AS LOW AS 8.50% APR*
*Annual Percentage Rate. Individual rates determined based upon borrower’s credit history and credit union underwriting standards. “Terms and
conditions subject to change without notice.“ Ask a Loan Officer for information and criteria. Rates effective May 24, 2012.
Errors in Your Credit Report: Now What?
Credit reports contain your personal financial information. Incorrect information can affect your
ability to get a loan, rent housing, or get a job because businesses often make their decisions based on
that data. Keep your reports accurate:
• You are allowed one free report every 12 months from each credit bureau: Experian, Equifax, and
TransUnion.Visit annualcreditreport.com or call 1-877-322-8228.
• Check the basics first. Look for variations in name, Social Security Number, and address.
• Verify data. Some can get complicated. If a loan is sold, the lender listed may not be the original.
• Dispute errors. Contact the company that has provided the incorrect information and the credit
reporting agency in writing and keep copies. Work with both the source of the information and
the credit reporting company to resolve the issue quickly.
For help understanding your credit score, talk to the professionals at SPC. They will be happy to
explain the details.
Copyright 2012 Credit Union National Association Inc.
GAP GUARANTEED
AUTO PROTECTION
NCUA
Your savings federally insured to at least $250,000 and
backed by the full faith and credit of the United States Government
National Credit Union Administration, a U.S. Government Agency
Equal Housing
OPPORTUNITY
Hartsville/Main
204 N. Fifth Street
Hartsville, SC 29550
Sonoco Office
448 Novelty Avenue
Hartsville, SC 29550
Our Guaranteed Auto Protection has a new
benefit, and it comes with no additional
charge! Members enrolled in GAP, whose
vehicles are a total loss, now receive an
additional $1,000 towards financing a
replacement vehicle, even if a GAP claim was
not filed.
Remember, GAP is an inexpensive way
to help pay any remaining balance if your
vehicle is stolen or totaled. It is conveniently
added to your monthly payment when your
loan originates. Ask a Financial Service
Representative for more information.
Branch Offices
Darlington Office
609 N. Main Street
Darlington, SC 29532
Bennettsville Office
204 15/401 By-Pass East
Bennettsville, SC 29512
Florence Office
134 W. McIver Road
Florence, SC 29501