Financial Update

Your Money is Safe, Sound and Invested in a God-Honoring Way
Bank failures, disappointment in the stock market, declining real estate values, and the recession has everyone checking on the safety and soundness of their institution. In 2008, your Christian Community Credit Union performed much better than most credit unions and far better than most banks.

Stable and Strong

While many other financial institutions experienced negative earnings, Christian Community Credit Union’s net income for 2008 was $3.2 million, an all-time record. That represented a Return on Average Assets (ROA) of .71%. The Credit Union’s deposit and loan rates remain very competitive. As a result of the competitive rates, deposits in the Credit Union grew $16 million (4.24%) in 2008. As of December 31, 2008, our net equity ratio was 10.1% of assets. The Credit Union remains “Well Capitalized!”

Do you or someone you know need money for college? Our “Focused on the Future” Scholarship Program is open to any member enrolled in an accredited college, university or seminary.

For more information, visit our students section or call 800.347.CCCU. Apply early! The application deadline is April 30, 2009.

Need a Loan? 

We Have Money Available

If you have tried to buy a car or a home lately, you may have felt the impact of the recent “credit crisis.” But don’t be discouraged. Turn to us instead. We have stayed clear of sub-prime mortgages and other risky loans, so our loan portfolio is stable and healthy. We have funds available to help you buy a new home, get the car you need, send your children to college and accomplish other goals.

Even some credit card holders are finding that their rates are rising, or their credit limits are being cut and rates are being increased. But again, the Credit Union is a great resource. Our credit cards have low rates, and we can transfer your balances from other cards quickly and easily.

When you’re ready to get started, talk to us about pre-approval. We can set up your financing before you shop for a car or a home, giving you an advantage when you are ready to buy.

For more information, call 800.347.CCCU.

Spring into Savings with Affordable Home Financing Solutions

Home Loans as low as 4.750/5.195% APY¹ 
Home Equity Line of Credit as low as 3.50% APY²

APR = Annual Percentage Rate. 1. Mortgage Loan rates and terms effective 03/20/09 and are subject to change without notice. For refinance loans with cash out, the maximum loan-to-value ratio is 75%. 3-year reprice/call option on above rates and are subject to increase or decrease. All rates apply to single family dwellings that are owner occupied. Closing costs associated with this loan. 2. The rate includes a 1/4% discount if your mortgage/1st Trust Deed is with the Credit Union. Loan rates and terms effective 03/20/09 and are subject to change without notice. The interest rate is variable and subject to increase or decrease. Rates are based on the Wall Street Journal prime rate. The rate is adjustable monthly with a minimum interest rate of 3.50% APR and a maximum interest rate of 18.00% APR. Equity Credit Line is only available in the following states: Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Kansas, Louisiana, Iowa, Maine, Massachusetts, Michigan, Montana, Nebraska, New Hampshire, New Mexico, North Carolina, Oklahoma, Ohio, Oregon, Tennessee, Utah, Virginia, Vermont, Washington, Wyoming, and Pennsylvania. This is a line of credit secured by the equity in your home. Fees associated with this loan: appraisal fee and title fee - varies (estimated appraisal fee $400); additional fees approximately $300. One time membership fee of $5 will be added to your loan for new loan only members.

Help Secure Your Future with an IRA

Open a Christian Community Credit Union IRA and earn more with our higher savings rates.

• Begin saving with as little as $100 for a Variable IRA and $1,000 for a Certificate IRA
• Enjoy the security of having each account insured by American Share Insurance for $250,000

Open an IRA today!

Visit myCCCU.com  or call 800.347.CCCU.