There’s a difference - PDF document

There’s a difference TACU Credi
There’s a difference TACU Credit Union 940 North Superior AvenuePO Box 940 Tomah, WI 54660 Ph: 608.372.47Fax: 608.372.4394 www.tacuonline.com TACUCREDIT UNIONSTATEMENT OF COMMITMENT TO MEMBERSCREDIT UNION STATEMENT OF COMMITMENT TO MEMBERSAs a memberowned, notforprofit financial cooperative, There’s a difference TACU Credit Union 940 North Superior AvenuePO Box 940 Tomah, WI 54660 Ph: 608.372.47Fax: 608.372.4394 www.tacuonline.com xii)Education Club Accountsxiii)ife Insurance Savings Accountsxiv)Passbook Savings xv)Real Estate Tax Accountsxvi)Share Draft Checking Accountsxvii)Vacation Club Accountsb)LoansConsolidation Loans Kwik Cash LoansHome Equity Loansiv)Home Improvement LoansMasterCardvi)Mobile Home Loansvii)Mortgage Loans viii)New and Used Automobile Loansix)New and Used Cycle LoansNew and Used Truck Loansxi)New and Used Recreational Vehicle Loansxii)Recreation Loansxiii)Student Loansxiv)Any Prudent Loan that improves the economic and social wellbeing of our memberc)ServicesInternet Account Access at www.tacuonline.com Freedom Checking Account with no monthly feesMember Access Line available 24 hours a dayiv)Loans of all typesAccount Reconciliationvi)Automatic Payments to Loans from Checking or Savingsvii)Automatic Payments to Savings from Checking or Savingsviii)Coin Countingix)Counter ChecksDebt Counselingxi)Direct Deposit of:(1)Federal Payroll Checks(2)Insurance Checks(3)Payroll Checks(4)Pension and Annuity Checks(5)Social Security Checksxii)Discount Brokerage Servicexiii)Drive Up

Windowxiv)Fax Machinexv)Federally Insure
Windowxiv)Fax Machinexv)Federally Insuredxvi)Free Notary Servicexvii)IRA Counselingxviii)Night Deposit Box (Envelopes and Bags available)xix)Member Access LineThere’s a difference TACU Credit Union 940 North Superior AvenuePO Box 940 Tomah, WI 54660 Ph: 608.372.47Fax: 608.372.4394 www.tacuonline.com Money Ordersxxi)Payroll Deduction Loan Repaymentsxxii)Payroll Deduction Savings Planxxiii)Photocopiesxxiv)Safe Deposit Boxesxxv)Savings Counselingxxvi)Annual Education Scholarshipxxvii)Travelers Chequesxxviii)Visa Check/ATM Cardxxix)Credit Life and Disability Insurance for:(1)Consumer Loans(2)MasterCard(3)MortgagesU.S. Savings Bonds:(1)Issue(2)Redeem(3)Calculate values for membersxxxi)Western Union Commercial Money Ordersxxxii)Wire Transfersd)New Services Planned for the Coming Year:Overdraft Privilege ProgramMEMBER EDUCATIONTACUCredit Union is committed to member and consumer financial education; in addition we are committed to educating members and consumers, alike, about credit union uniqueness, philosophy, and values.Current Programs that Support Member Education and Advocacy:NewsletterTACUCredit Union publishes a monthly and quarterly newsletter to discuss current issues, new services, rates and other valuable information.Financial Counseling When a member has financial concerns with their credit, the credit union can help by granting loans when possible and can also offer advice about ways to work towards solving credit problems.Value ResourceThe credit union will make available to members N.A.D.A. vehicle, boa

t, mobile home, farm equipments, and mob
t, mobile home, farm equipments, and mobile home guides to assist members in making informed purchase decisions.iv)Explain how interest works The credit union educates members about the way that interest is calculated and the effect different methods have on total interest paid/earned.There’s a difference TACU Credit Union 940 North Superior AvenuePO Box 940 Tomah, WI 54660 Ph: 608.372.47Fax: 608.372.4394 www.tacuonline.com Home Buyers Seminar The credit union will annually host a free home buying seminar educating members and consumers, alike, about what to expect whenbuying a home, including mortgage options, closing costs and more.vi)Web Site The credit union’s web site contains valuable consumer information and provides valuable links to auto pricing guides, investment advice, financial calculators, etc.vii)High School seminars On occasion, our credit union is invited into the local schools to conduct sessions related to how to handle a checking account, how to obtain loans, career paths and how to establish a budget.viii)Resource library in credit union lobby In ourlobby we provide resources such as Money Magazine, The Wall Street Journal, and Consumer Reports Magazine.b)o new rograms planned for the coming year.INVOLVEMENT/GOVERNANCETACUCreditUnion will endeavor to preserve credit union democratic principles, including demographic representation and volunteer participation in credit union activities.Current Programs that support Involvement/Governance:(1)Board Elections All board members are voted in

by the general membership attending the
by the general membership attending the annual meeting in February. Each year the credit union has a minimum of two seats available for election. Local newspaper ads, the newsletter, statements messages and lobby displays are all used to encourage attendance.(2)Board Vacancies When the situation arises where a board member resigns during his/her term, the board has a practice of reviewing the past election to determine who received the most votes but was not elected. This way the member’s voice helps determine the replacement.(3)Credit Committee The credit union’s credit committee consists of three volunteer members.No new programs planned for the coming year.DIVERSITYThe Credit Union recognizes the value of demographic diversity in staffas well as in volunteers, and will strive to bring people of diverse backgrounds and experiences into leadership and other roles at the credit union.b)Current Programs that Promote Diversity:TACUCredit Union uses Demographic Analysis to help determine the demographic makeup of its members so that products and services may be specifically targeted to meet their needs.There’s a difference TACU Credit Union 940 North Superior AvenuePO Box 940 Tomah, WI 54660 Ph: 608.372.47Fax: 608.372.4394 www.tacuonline.com Equal Employment Opportunity This credit union actively seeks to fill vacancies by hiring qualified candidates without regard to race, sex, color, religion, national origin, disability, veteran status or any other basis protected by law.New Programs Planned for the Co

ming Year:c)TACU will hire a school to w
ming Year:c)TACU will hire a school to work program student on a part time basis.COMMITMENT TO THE CREDIT UNION MOVEMENT AND OTHER COOPERATIVE ACTIVITIESTACUCredit Union will work to build and strengthen our unique credit union movement by providing financial and inkind resources to others within the credit union community, and by actively advocating the credit union difference at all levels of government and in other appropriate public forums. In addition, TACUCredit Union will participate in local, state and national cooperative activities as appropriate, and will strive to build and strengthen relationships with other sectors of the national cooperative movement.b)Current Activities that Support the Credit Union Movement:Leadership Roles TACU’s Presidentserves on the WISCUB Board of Directorsa credit union owned CUSOand has previously served as Director and Treasurer of the Coulee Region Chapter of Credit Unions. Continuing Education for Staff The credit union assists with undergraduate education so that employees may further their careers in the credit union industry.Cooperative Advertising TACU actively participates in the SWAP (StateWide Advertising Program) and Chapter Promotional Committeesfor collective advertising of credit union programs.iv)Political Activity TACU’s CEO actively works in political campaigns, donating time and money for those who support credit unions.c)…And other Cooperative Activities:(1)TACU is a willing provider of experience and information to any credit union who requests information

regarding services we offer to enable th
regarding services we offer to enable the requesting credit union to offer the service to their members as well.d)No New Programs Planned for the Coming Year.PUBLIC SERVICE / CORPORATECITIZENSHIPThrough direct financial support or other inkind contributions to worthwhile local organizations, and by participating in public service activities, TACUCredit Union strives to be an active partner in our community. We recognize that practicing good Corporate Citizenship supports the Credit Union Philosophy of People Helping People; furthermore, it will help raise the overall level of There’s a difference TACU Credit Union 940 North Superior AvenuePO Box 940 Tomah, WI 54660 Ph: 608.372.47Fax: 608.372.4394 www.tacuonline.com social and economic well being of those in our community, help to strengthen ties within the community, and better position us to reach out and serve as only credit unions can those people in greatest need of affordable financial services.b)Community/FOM Groups Currently Receiving Financial or Other InKind Support (including the support given) and Current Public Service Activities:Tomah Chamber of Commerce(1)Chamber Ambassadors ClubForward Tomah Development CorporationTomah Lions Clubiv)American Women’s Business AssociationTomah Rotary Clubvi)Tomah Jayceesvii)Boys and Girls Club of Tomahviii)Boy Scouts and Girls Scouts of Americaix)Children’s Miracle NetworkHospitalsLaGrange, Miller, Oakdale, & Lemonwier, St. Mary’s, andSt. Paul Schools PTO Groupsxi)Tomah, Necedah,andBrookwood High Scho