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CCCU donates over $50,000 to Hurricane Katrina Victims
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Christian Community Credit Union presents a check for $15,000 to International Church of the Foursquare Gospel (ICFG) towards Hurricane Katrina disaster relief. Pictured from left to right: George Nix (CCCU Membership Director); Larry Spousta (ICFG Senior Supervisor); Dan Scheller and Keith Hopkins (Foursquare Senior Pastors); and John T. Walling (CCCU President/CEO). |
CCCU’s “Cards that Give to Missions & Ministries” program donated over $50,000 to various Huricane Katrina disaster relief. The funds supported the relief efforts of the American Baptist Churches USA, the International Church of the Foursquare Gospel (ICFG), World Vision, the Salvation Army and the American Red Cross. “We wanted to extend our help in a tangible way to support of the victims of Hurricane Katrina during this devastating time in their lives,” said John T. Walling, CCCU President/CEO. “Our hearts and prayers go out to the hurricane victims and their families. We trust that the donation will go a long way in meeting their physical and spiritual needs.” Donated funds will provide for the most basic needs – medicine, shelter, health school kits and baby kits.
In appreciation for CCCU’s donation, ICFG Senior Supervisor Larry Spousta said, “We thank the board and members of CCCU and we extend the hand of partnership in this endeavor to see lives changed in the rebuilding and reestablishing the lives of the hurricane victims.”
“All our members have a part in this disaster donation,” adds Walling. “They can feel good knowing that whenever they use their credit or debit card, they are also actively participating in the credit union movement’s philosophy of “People Helping People.”
> Details about “The Cards that Give to Missions & Ministries. |
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New Limited-Time Offer
CHURCH BUILDER CERTIFICATES!
An investment opportunity with higher rates and eternal rewards
4.50% APY* 3 yr
4.75% APY* 5 yr
New money only**
Special offer expires Dec 31,2005
$10,000 min • $100,000 max per member. |
PUT YOUR MONEY TO GOOD WORKS!
Christian Community Credit Union needs extra deposits now to meet the demands of churches and ministries who are purchasing, building and expanding their facilities. When you invest in a Church Builder Certificate, you’re helping to provide affordable financing for ministries as they seek to fulfill their vision for growth. Your investment will reap eternal rewards.
Invest in a Church Builder certificate today and put your money to good works!
Please download the enrollment form and mail to CCCU.
> Individual Account form
> Ministry & Business Account form
Forms are in Acrobat format. Get a free Acrobat reader from Adobe.
*APY = Annual Percentage Yield assumes that dividends remain in the account until maturity. A withdrawal will reduce earnings. A penalty will be imposed on early withdrawal from certificates. Rate effective 10/01/05 to 12/31/05 and is subject to change without notice.
**New Money is money that is not already on deposit at CCCU. Funds on deposit can not be withdrawn and re-deposited in order to obtain a Church Builder Certificate. CCCU reserves the right to make the sole judgment as to whether or not the deposited funds are considered new money.
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CCCU now accepting nominations
The Nominating Committee is accepting nominations for two positions on the Board of Directors and one position on the Supervisory Committee for 2006. Members interested in running for one of the positions may submit their names for consideration.
Applications must be submitted to the Nominating Committee by November 21, 2005 and should be sent by certified mail along with a return-receipt request, to: Nominating Committee Chairman, CCCU, P.O. Box 3012 Covina, CA 91722. The Nominating Committee will select qualified nominees by November 29, 2005.
Nominations can also be submitted by petition and should include a request to be placed on the ballot and the petition signed by at least 100 members. A candidate must give written consent to the nomination. The nomination by petition must be submitted to CCCU by December 13, 2005.
For a nomination application, please call 800.347.CCCU, ext. 210. |
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Simple ways to improve your cash flow
1. Refinance your auto loan. If you financed somewhere else, you may be paying a higher interest rate than you need to.
2. Transfer your credit card balances. You may be paying more than you need to! You can get those high-rate cards paid off, and consolidate your debt into one easy monthly payment.
3. Ditch the little luxuries. Eliminate cable TV, your gym membership and weekly trips to the mall. For help with setting up a budget, cutting down on finance charges or consolidating debt, please contact CCCU. |
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Fixed annuity adds stability to your investment plan
A fixed annuity is a classic choice when it comes to adding stability to an investment plan. If you are looking for steady, tax-deferred growth, a fixed annuity could be the right choice. Fixed annuities offer a fixed rate of interest for a specified period, the assurance of a future income stream, and a guarantee provided by the insurance company who underwrites the plan.
Like with any investment, you should carefully consider the investment objectives, risks and charges and expenses of the fixed annuity before investing. There is a surrender charge imposed generally during the first 3-7 years that you own the contract. Withdrawals prior to age 59 ½ may result in a 10% penalty in addition to any ordinary income tax.
Fixed annuities may be a good choice for your investment plan if your goals include one or more of the following:
• Asset accumulation for future retirement income
•Tax deferral to reduce income taxes
• Protection of principal investment
• Assets that may avoid probate
• Potential reduction of taxes on Social Security income
For more information, please call 800.930.3642 to arrange for a free consultation.
> Financial Network
Investments are: Not NCUA/NCUSIF Insured, not a deposit, not credit union guaranteed, not insured by any Federal Government agency, may lose value. Securities are offered through Financial Network Investment Corporation, a registered broker/dealer and member of SIPC. Financial Network is not affiliated with CCCU and is located at 101 S. Barranca Ave., Covina CA 91723. 800.347.CCCU ext. 127. |
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