financial      

m u n i c i p a l   c r e d i t   u n i o n   n e w s l e t t e r  •  w i n t e r  2 0 1 2

“ w e ’ r e   h e r e   f o r   y o u . ”

See Us for ALL of Your Borrowing Needs!

78th Annual Meeting

Remember, MCU is your credit union and it is important for everyone to be

heard. Your attendance at our annual meeting — ensures your ideas are

voiced to the credit union and your fellow member-owners.

Mark your calendars for April 15, 2012 and help us celebrate 78

years of serving our members.

Following the meeting we will have drawings for door prizes!

WHAT:

78th Annual Meeting

WHEN:

April 15, 2012

Social Noon - 1p.m.

Buffet Luncheon at 1p.m.

Business meeting at 2 p.m.

WHERE:

Country Club of Beloit

See us for ALL your Borrowing needs!

Holiday Loan Special

Available Until

February 29, 2012!

Borrow

up to $3,000

For 12 Months!

8.00%

APR

Home Banking

Additional Security

Internet/Home Banking users will notice a change when logging

into the home banking system. Enhanced layers of

authentication will be required on your first login after the

change and with certain other transactions. The current

Challenge Questions will no longer be used and all members will

be required to use a Random PIN sent via email to authenticate

new computers or for certain large transactions. All members

using the Home Banking product will be required to provide an

email address or a cell phone number. We realize for some this

may be a hassle but it is a small price to pay for the additional

security requirements of today’s Internet Banking environment!

Watch Your

Mailboxes!

Please watch your mailboxes; the necessary

tax reporting forms will be sent separately

from your December statement in an envelope

marked "Important Tax Information."

• 1099 INT - You will receive this form if you

were paid dividends of $10 or more on any

saving account by the credit union

• 1098 - You will receive this form if you paid

interest of $600 or more on any loan that is

secured by real estate

• 1099R - This form reports distribution of

any IRA funds that were made during the year

Remember to carefully examine your statements for

accuracy and to verify your Social Security Number is

correct. Contact MCU immediately if you believe there

Remember to verify your routing and transit

numbers with us before you file your taxes to

avoid a posting delay to your account.

*Membership eligibility required. APR=Annual Percentage Rate. Not

based on credit score. New money only. Special good from Oct 3,

2011 through Feb 29, 2012. Repayment: $3000 at 8%APR for 12

months = $260.94 per month.

UseYour MCU

MasterCard© &

Get Rewarded!

We now offer reward points for your

MasterCard® purchases made. The Want

Rewards® Program is our way to say

thank you for being a member and

using Municipal Credit Union for your

financial needs.

The points you earn may be redeemed

for over 2,000,000 products plus event

tickets and travel selections.

Complete information is located on our

website. Just click the Want Rewards®

button and find out more!

Big Changes are Here!

Paper U.S. Savings Bonds will not be sold at financial institutions or through mail-in orders after December 31, 2011.

Buy and manage electronic savings bonds safely, online, 24/7, through TreasuryDirect, www.treasurydirect.gov.

An Exciting Change

is Coming to Your

Checks!

You may notice that your next check order looks different

when it arrives in your mailbox.

We’re excited to bring you CheckFolio™, an innovative

new way to receive, store and use personal checks.

With CheckFolio™, multiple checkbooks are neatly aligned

in a compact folio for convenient use and storage. The

result of extensive research and consumer feedback,

CheckFolio™ is designed to help you:

• Stay organized.

All components are packaged together neatly, ready to

place in a drawer, filing cabinet or on a bookshelf so you

can easily access them when you need to and store them

when you don’t.

• Secure your identity.

CheckFolio™ arrives in a tamper-evident package and its

unique design makes for discreet and flexible storage

options — helping to protect the contents and your

identity.

• Protect the environment.

The compact and efficient design uses less material and

creates less waste — plus, CheckFolio™ is recyclable.

Reminders

All members with direct deposit! Municipal Credit Union

is no longer paying $10 toward your check orders.

Call the Credit Union to get the correct routing number

and account number before setting up direct deposit or

withdrawals.

Financial Focus is published for the members of Municipal Credit Union

1154 Cranston Road, Beloit, WI 53511 • Phone 608-362-6172 • Fax 608-362-8106 • e-mail address: municu@tds.net