NEW HOURS BEGINNING JANUARY 2015 -
Opening at 10:00 am on Wednesdays

 

Our Free Credit Report Review and Debt Consolidation Loan can help you stomp out debt!

A new year brings change, and now’s the time to change your financial outlook with a visit to LVECU for your Free Credit Report Review. Stop into one of our offices and sit down with a Member Service Representative to find out what your credit score is and if we can help you consolidate debt and lower your monthly payments. We offer great competitive rates on new and used auto loans, home equity loans, personal loans, credit cards and more.

Call 610-820-0145 or visit www.lvecu.org for current rates and let us help you consolidate debt.

*APR = annual percentage rate. Eligibility requirements apply, other rates and terms available. You pay $19.90 per month for every $1,000 financed. Maximum loan amount $10,000 based on credit guidelines and total unsecured debt. Minimum $2,500 new money. Cannot be combined with any other discounts or offers. Offer expires 3/31/15.

Understand the Impact of Co-Signing
by Joanne Sepich

In plain English: When you co-sign, you are legally responsible for repayment of the debt.

As a co-signer on a loan or credit card application, you’re lending your good name and your solid credit history. You’re making a promise to repay in full if the original borrower can’t, doesn’t, or just plain won’t.

For the full article, click here.

 

Important Information About Your IRA

April 15, 2015 is the last day to make Traditional or Roth IRA deposits for the 2014 tax year.  When mailing IRA deposits always indicate the tax year you would like the deposit contributed. Statements for IRA balances will be mailed by May 31, 2015.

Inclement Weather

Due to inclement weather, the credit union may adjust its hours of operation. Before heading out on the road, please call the credit union office, check the website, or log on to the WFMZ website for the most up-to-date closing information.

Affordable Health Insurance Made Easy

Let the TruStage Health Insurance Program simplify your search. Learn more today!

With your membership, the TruStage Health Insurance Program makes it simple
to find the right plan for you.

• Designed for credit union members
• Dedicated experts to help you understand and choose health coverage wisely
• Tools to compare plans and identify financial assistance

Online or over the phone, TruStage Health Insurance Program with GoHealth, gives you access to licensed agents who can help you make an informed decision.

Find Your Plan! Visit www.TruStageHealth.com or call toll-free 1-888-416-2166.

The TruStage™ Health Insurance Program is made available through TruStage Insurance Agency, LLC and GoHealth LLC. GoHealth LLC is licensed to sell nationwide and operates in all states with the exception of Massachusetts, Hawaii, Vermont and Rhode Island. TruStage Insurance Agency, 2014 All Rights Reserved.

TSH-995489.1-0814-0916

2015 Scholarships Applications now being accepted!

LVECU will once again be offering ten $1,000 scholarships! Applicants must be a member in good standing (custodial accounts and joint owners do not qualify) and be enrolled full-time for the upcoming semester as a student of an undergraduate program, or a minimum two-year course of study at a community college, trade school, or technical school. Scholarship certificates will be awarded at the LVECU Annual Meeting on March 14, 2015, and the winners will receive their scholarship funds following the fall 2015 semester provided they meet the scholarship guidelines. Please stop in to either office or visit our website for complete details and to pick up your application. Applications will be accepted through January 31, 2015.

CU Succeed (ages 13-17)

Congratulations to our $100 CU Succeed 3rd Quarter Drawing winner, Brett Sonntag. All you need to do is enter whenever you visit the credit union, and you could be our next $100 winner!

Annual Meeting Invitation

You are invited to attend the LVECU Annual Meeting. The business meeting is an opportunity for you to voice your concerns, to ask questions, and let your opinion be heard. You are not only a member at LVECU, you are an owner.

Remember, your participation is important for the growth and strength of the credit union movement.

To sign up, email koehlerk@lvecu.org or complete the reservation form and return it by March 7th, 2015. A wonderful breakfast buffet will be provided. See you there! Please include the name(s) and the last 2 digits of the account number(s) of each member attending.

Click here for a printable registration form.

Moving Back: Set Rules with Adult Children
By Center for Personal Finance editors

You’re finally over Empty Nest Syndrome. Maybe you’ve taken up a new hobby; you and your spouse are enjoying getting to know each other again. Then ... your adult child wants to move back home.

According to The Wall Street Journal, 36% of young adults ages 18 to 31 were living with their parents in 2012, up from 34% in 2009. Unemployment, the high cost of buying a house or paying rent, and postponing life events such as getting married are factors. If adult children had married, maybe a divorce is why they’re moving home.

Whatever the reason, if your little chickadee is coming back to the nest, consider these ideas to keep the peace, based on the Pew Study, “A Rising Share of Young Adults Live in Their Parents’ Home”.

For the full article, click here.

Kirby Kangaroo Christmas Party (ages 10 and under)

We held our Kirby Kangaroo Christmas Party on Saturday, December 6th at Trexler Middle School. We had 200 children registered to attend and everyone enjoyed the festivities! Children received an activity bag, snacks and a present. They also had opportunity to get their photo taken with Santa and Mrs. Claus and tell them what they wanted for Christmas. Thanks to all the credit union volunteers who took time out of their busy schedules to help. A very special thank you to Santa & Mrs. Claus for visiting us and leaving the elves in charge!

10 Reasons Credit Unions and Millennials are a Perfect Match!
by Jeremiah Tucker

I can’t remember the first time I became a customer of a bank.

Banks have come and gone numerous times in my life, each one about as memorable as switching wallets, but I remember joining my credit union. I’ve found most people do. Often because joining a credit union was a game changer – the exact point their financial lives took a big turn for the better.

This is particularly true of millennials. Millennials – generally defined as anyone born between 1980 and 2000 – are more likely to recommend credit unions than banks to their friends.

Click here for the full article.

Giving Back

During the month of December, members helped us give back to our school community by donating $1 to purchase a t-shirt cutout to decorate our tree. All proceeds went to the ASD Uniform Fund to benefit students living below the poverty level. We also collected hats, mittens and scarves for the homeless children and youth of the Lehigh Valley.