Come hear the secrets of credit scoring revealed.
Attend our free seminar, and learn how to maximize your credit rating.
Learn everything
you ever wanted to know about credit scoring and more.
Your credit score is the number on piece of data that
determines if you are approved for credit and what rate you pay.
Please join us for a free seminar on credit
scoring. Learn how the positive and negative
information on your credit report factors into your score and what steps you
can take to improve your score so that you can best position yourself
for your next loan.
The seminar is ideal for individuals looking
to receive the best rates on loans, working to rebuild credit and
college-bound students and others who are just beginning to establish
credit.
The seminar will be held at 7:00 p.m. on Wednesday, October 20th at
the
Bellwood Public Library located at 600 Bohland
Avenue. The speaker will be Central Credit Union President
and CEO Joan Jensen.
To attend, please call (708) 649-6410 or send an
e-mail, and R.S.V.P. by Monday, October 18th. Credit union members
and non-members are welcome.
Are high bank rates and fees making
your money disappear?
Move your business to Central Credit Union today.
Tired of being mistreated by your bank? Then move
all of you business to Central Credit Union. We're making loans and
providing a secure place for members to grow their money just like we've done
since 1936.
We're ready to
meet your savings, loan and investment needs.
Are you taking advantage of all we have to offer?
Whether you'd like to save for the holidays with a club account, save on
interest, payments and taxes by refinancing your vehicle loan or roll over your
401k, we're ready to help you achieve your financial goals.
We're financially
sound, and our deposits are federally insured.
Your Central Credit Union savings are federally insured to
at least $250,000 by the national Credit Union Administration, a U.S. Government
agency.
Your family, friends
and coworkers are welcome too!
If your family friends and coworkers are also fed up with
their banks, refer them to us. We'd love to help them achieve their
financial goals.
They can join at any of our
locations.*
For more information about products and services or membership, call (708)
649-6410.
*Family members of existing members are eligible
for membership. Friends and coworkers must be Illinois residents or work
for one of the credit union's Select Employee Groups.
Buy Green and take advantage of a .25% loan rate discount.
Save .25% on loans to buy
or install energy- or
water-efficient products in your home.
Need a new furnace, windows or water-saving appliances? Finance your purchase with one of our signature loans, and we'll give you a .25% discount off your loan. Apply online or call (708) 649-6420.
Central Credit Union
Remains
Financially Strong Making Loans And Offering A Safe, Secure Place For Deposits
With A Recent Increase In Federal Deposit Insurance Coverage.
In recent months, news of the nation’s economic
situation has been troubling.
Amidst ongoing reports of failing institutions, we
want to again reassure you that Central Credit Union Of Illinois remains
financially strong.
We continue to be well capitalized, and we’re open
for business – making loans and providing a safe and secure place for you to
grow your money like we’ve been doing since 1936.
Unlike many other financial institutions that you’re hearing about in the news, we did not engage in sub-prime mortgage lending, and we don’t make risky investments. As a result, we have not been adversely affected by the so-called “credit crunch.” We’re continuing to make loans and are serving our existing members as well as welcoming new ones to assist however possible during these difficult times.
In
an effort to stabilize the economy, on Friday Congress passed the Emergency
Economic Stabilization Act Of 2008, which was signed into law.
One of the provisions of the law was to increase the amount of federal
deposit insurance available to credit union members through the National Credit
Union Administration (NCUA), a U.S. Government Agency.
As
a result of the legislation, member deposits at Central Credit Union Of Illinois
are now federally insured to at least $250,000, up from the previous minimum of
$100,000.
This is the same amount of coverage provided for bank deposits
through FDIC-insured banks.
Individual Retirement Accounts (IRAs) are insured separately for up to
$250,000 per person. Insurance
limits may be even higher depending on how your accounts are titled.
We’d like to remind you that according to NCUA, “Not one penny of insured
savings has ever been lost by a member of a federally insured credit union.”
If you have any questions about the safety of your credit union deposits,
please ask. You can call Member
Services at (708) 649-6410. We also
invite you to visit www.ncua.gov for more
information on our federal deposit insurance. You can also call the NCUA Insurance Call Center, operating
from 8 a.m.-6:30 p.m. (EDT) Monday through Friday, and speak with an expert
regarding coverage provided by NCUA share insurance. The toll-free number is (800) 755-1030, extension 1.
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