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Winter 2009
The Credit Union provides a safe haven for those seeking relief from the volatility of the stock market. Members deposit their savings in the Credit Union and earn good rates without the risks of losses that are currently plaguing banks and other financial institutions. In spite of the recession, the Credit Union's earnings have remained positive and our loan delinquency has remained minimal. The dividends paid to members are actually increasing. This stability during a period of economic turmoil is a testimony to the business model the Credit Union follows. Our focus is not on high-flying investments or short-term gains. One reason people choose the Credit Union is because our capital base is strong and continues to grow, providing added protection. The Credit Union's Capital Ratio is 10.30% as of 11/30/08. The Credit Union is considered “Well Capitalized”. At Christian Community Credit Union, we carefully and safely invest the savings of members back into the lives and ministries of our membership. Simply put, your money is at work in the Christian community. New Money Only New Money Only When you invest in a Kingdom Builder Certificate, you help provide affordable financing to churches and ministries who seek to fulfill their vision for growth and expansion. What better place to put your money than at the Credit Union where your money is safe, sound and working for the Kingdom! Open a Kingdom Builder Certificate today! $1,000 or more to open. New money required (money that is not already on deposit at Christian Community Credit Union). Offer is for funds deposited or transferred from non-Christian Community Credit Union accounts only. Funds on deposit cannot be withdrawn and re-deposited in order to obtain a Kingdom Builder Certificate with new money only. The Credit Union reserves the right to make the sole judgment as to whether or not the deposited funds are considered new money. A withdrawal will reduce earnings. A penalty will be imposed on early withdrawal from certificates. Rates and terms effective 01/01/09 and are subject to change without notice. 3.00% APY Premium MMA 1Minimum deposit of $25,000 Open a Money Market Account Today! 1. Variable rate account with easy access and maximum liquidity. Unlimited withdrawals from the account, if made by mail or in person if payments are made directly to you. Withdrawals or transfers made by mail or in person and payable to a third party are limited to six per calendar month. There is no check writing on this account. There is a $12 monthly fee on the Premium Money Market Account when the daily balance falls below $25,000 at any time during the month. Thanks to you, “The Cards that Give to Missions & Ministries” reached over $2.5 million in donations since 1994. Keep using your Christian Community Credit Union Credit Card. More details about “The Cards that Give to Missions & Ministries.” At Christian Community Credit Union, your money is at work building God’s Kingdom. The money you deposit into your accounts helps provide affordable financing for churches to expand their worship facilities, build classrooms or purchase a property. These loans make it possible for them to better serve their members and communities. Your deposits make it possible for us to fund these Kingdom-building projects: “In a very difficult financial time in our nation’s history, Christian Community Credit Union was a God send. From the beginning to the end, the loan process was great! The Credit Union also made it very easy for us to set up our banking needs with them. It’s great to bank with a business that builds God’s Kingdom!” Pastor Jim Lupis “The trustworthy person will get a rich reward, but a person who wants quick riches will get into trouble.” Proverbs 28:20 (NLT) For the second year in a row, Christian Community Credit Union's staff participated in Operation Christmas Child, a program that brings joy, hope and God's love to boys and girls around the world through gift-filled shoeboxes while focusing on the true meaning of Christmas—Jesus Christ. In all, the staff donated 154 shoeboxes filled with toys, school supplies, hygiene items, clothing and more. Many circumstances in life can derail even the best money management plan. If you have found yourself in a situation where you can't keep up with your bills, you'll need to take an inventory of your resources and prioritize your financial obligations. With limited funds available it may not be possible to pay all your bills in full every month, but by prioritizing your expenses and taking a proactive approach to your finances, you may be able to minimize the consequences until you get back on your feet. As a benefit of Christian Community Credit Union membership, you have access to our BALANCE Financial Fitness Program. |
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