EECU has awarded $40,000 in college scholarships to support eight local graduating high school students. The EECU scholarship program began more than 30 years ago and honors former board member Glenn Mandeville, a life-long educator.  Since that time, EECU has provided more than $500,000 in scholarship money to local students.

“EECU has a deep commitment to education,” said Lonnie Nicholson, EECU President and CEO. “Higher education can be an essential springboard to building productive lives, but unfortunately, college costs also can be a significant burden.  EECU is proud to recognize and financially assist these deserving students, and we wish them tremendous success in their academic pursuits.”

At the annual EECU meeting on March 28, EECU recognized the following eight students, who are 2019 scholarship recipients. Each student will receive a $5,000 scholarship from EECU:

  • Sydney Aalbers, Burleson Centennial High School, plans to study Interdisciplinary Agriculture
  • Allissa Adams, Stephenville High School, plans to study Speech & Hearing Science
  • Angelique Arredondo, Arlington Collegiate High School, plans to study Nursing
  • Kaitlin Bennett, Cleburne High School, plans to study Biology & Pharmacy
  • Caroline Berry, Haltom High School, plans to study Music Education
  • Diego Ochoa, Crowley High School, plans to study Computer Science
  • Elena Regalado, Martin High School, plans to study Special Education
  • Timothy Turnley, Keller High School, plans to study Music Education

 

The students were selected via a review process that included academics, service to community, extracurricular leadership activities, references and an essay.

We’re excited to announce a new Online Payment Center, that allows you to make EECU loan payments from another financial institution! The new Online Payment Center is simple, easy to use, plus it provides you the ability to schedule recurring loan payments. The Online Payment Center will be available beginning March 7, 2019.

View Payment Options: https://www.eecu.org/payment-options/

Frequently Asked Questions

Q: What types of EECU loans can be paid through the Online Payment Center?

A: You can pay your EECU auto loan, personal loan, share-secured loan, HELOC, and home improvement loan through the new Online Payment Center. For more information on making payments for all other EECU loans, please call (817) 882-0800.

 

Q: When will my loan payments be posted?

A: Loan payments made through the Online Payment Center before 6:00 p.m. CT will be posted the same day. Loan payments made after 6:00 p.m. CT, will post to your account the next day.

 

Q: Can I setup recurring loan payments?

A: Yes! Now you can set up recurring loan payments from your account at another financial institution, by providing the financial institution’s routing number along with your account number.

 

Q: Will I need a login id and password for the Online Payment Center?

A: You can make a one-time payment using just your EECU Account Number and the last 4 digits of your social security number! Everyone who would like to setup recurring payments, will need to create a new Login Id and Password for the Online Payment Center, using the quick and easy enrollment process.

 

Q: Is there a fee to make a loan payment in the Online Payment Center?

A: For payments (ACH) made directly from another financial institution, there is no fee. Payments made with your debit card incur a $3.95 processing fee.

 

View Payment Optionshttps://www.eecu.org/payment-options/

 

Questions? Please call (817) 882-0800.

To guard against check fraud, you no longer need to write your account number on the back of a check when you endorse it for deposit or cash it at EECU.  To endorse a check, sign your name on the back of the check on the line that says, “Endorse Check Here.” (Sign your name as it appears on the front of the check on the “Pay to the order of” line.) Be careful not to write below the line that says, “Do Not Write, Stamp, Or Sign Below This Line.”

Important: Do not sign your name on the back of the check until you are about to cash or deposit it, otherwise someone else could try to cash the check if it becomes lost or stolen. If you are depositing a check instead of cashing it, a safer method of endorsement should include a phrase such as “For Deposit Only,” followed by your signature. In this manner, the check may only be deposited and not cashed.

For mobile check deposits, please remember to write “For Mobile Deposit Only” above your signature in the endorsement area on the back of the check or the deposit could be delayed or rejected.  Although some checks have a preprinted box to indicate mobile deposit, checking this box does not complete the endorsement requirement. “For Mobile Deposit Only” must be written legibly above your signature.

Questions? Please call (817) 882-0800 or chat with us online at www.eecu.org.

Thanks to a new federal law that goes into effect on September 21, 2018, consumers will be able to get credit freezes, also called security freezes, and fraud alerts at no charge. Under the new law, Equifax, Experian and TransUnion will be required to let consumers freeze and unfreeze their credit reports free of charge. They must also implement procedures to make it easier for consumers to do so. Plus, under the law, initial fraud alerts will last for one year instead of the current 90 days.

For more information: see links below

Equifax Security Freeze: https://www.equifax.com/personal/credit-report-services/

Experian Security Freeze: https://www.experian.com/freeze/center.html

TransUnion Credit Freeze: https://www.transunion.com/credit-freeze

 

Our latest Mobile Banking app update is available for download on August 21, 2018 via the Apple App store for iOS and Google Play store for Android. With this release you can enjoy these new valuable features:

Account Details: additional relevant account information is displayed in the Account and Account History screens, including your checking account MICR number (the number used to set up direct deposit or automatic payments)

Auto Check Capture: now when you use mobile deposit, simply hold your mobile device over the check and it automatically captures the check image

Credit Card Information: you will now be able to see your credit card information and transaction history, plus set up fraud and transaction alerts

Past Due: you will be alerted if your credit card or loan accounts are past due, along with the amount past due

Payee Details Update: in addition to an enhanced look, you will be able to edit or delete payees and view recent payment history

Stop Payment: checking accountholders will be able to stop a payment*

In addition, there will be iOS and Android-specific enhancements to improve the visual display and fix a bug that was preventing some Android users from logging in. If you are not already a Mobile Banking app user, you can download the EECU Mobile Banking app from the Apple App or Google Play stores. Our current mobile users will also need to update their app. App users will receive a notification when the update is available. Once updated, the new features will be ready for use.

Questions? Please call us at (817) 882-0800.

 

*$34 per stop payment applies.

EECU Mobile Check Deposit is a secure and easy way to deposit a check from virtually anywhere, anytime. You can make deposits in a snap with your iPhone® or Android™ device.

Due to a new banking regulation, all checks deposited via a mobile service must include:

  • For Mobile Deposit Only” handwritten below your signature in the endorsement area on the back of the check or the deposit may be rejected.

Although some checks have a preprinted box to indicate mobile deposit, checking this box does not complete the endorsement requirement. “For Mobile Deposit Only” must be written legibly below your signature.

Unfortunately, if you deposit a check through our mobile app without a signature or this endorsement, the check may be rejected and the deposit will be removed from your account. To help you avoid this situation, our mobile app will display a reminder message to include “For Mobile Deposit Only” below your signature.

Questions? Please call (817) 882-0800 or chat with us online at www.eecu.org.

While Teens and Young Adults may be digital natives, their inexperience makes them susceptible to online scammers. In fact, according to a new report from the Federal Trade Commission, 40% of people age 20 to 29 indicated they lost money in fraud schemes in 2017 compared to 18% of people age 70 and older. While the results of the survey contradict the stereotype of tech-savvy young people, experts say younger consumers are far more open to sharing personal information online.

Here are some common scams targeting Teens and Young Adults to be on the lookout for to avoid becoming a victim.

Knock-offs

Scammers create online ads and online stores supposedly selling cheap designer goods, electronic gadgets and other luxury items. However, these companies are not licensed to sell those goods or the products are imitations.

Fake Scholarship Offers

With the rising cost of college to pay for, scammers use fake scholarship and financial aid offers to steal personal information from students.

Make Money Fast

Who wouldn’t want to make money easy and fast on the internet? So, cyber criminals promise non-existent jobs and get rich quick schemes. Victims are lured into giving away personal information or financial data with the promise of a well-paid job that will bring in lots of money in a short period of time or receive an offer to invest in a great opportunity with a huge payout. Although these scams may not target Teens and Young Adults, they may fall victim to them.

Contests

Aspiring young artists and writers are lured to arts and literature contests. The creative young people submit their works for a fee only to find out they need to send more money to see their writing published or to win an even bigger prize.

Acting & Modeling Scams

“A Talent Scout” is looking for America’s Next…fill-in-the blank. All that is required is paying for head shots or acting lessons upfront. And after handing over hundreds or thousands of dollars, no auditions or bookings occur. The acting and modeling industries are rife with these scams.

Employment & Training Scams

Enterprising Teens and Young Adults can find it difficult to find seasonal work, so online scammers offer jobs where they can work from home online. The only hook is they need to buy a bunch of products or pay for training up-front. Then, these unethical companies don’t deliver jobs or training as promised.

Online Auctions

There are at least two versions. First, after bidding on and winning an online auction, you find out the item doesn’t exist or never arrives. Or, the unsuspecting Teen or Young Adult sells their items online. The buyer says the payment is on the way and urges them to ship the item right away, but the payment never arrives.

To Good To Be True

While Teens and Young Adults maybe tech-savvy, their inexperience and online habits makes them highly susceptible to online and social media scams. Here are some tips to avoid becoming a victim:

  • If it looks to good to be true, it likely is. Stay away.
  • Look for online stores and auction sites with good reviews and ratings from real people
  • Walk away from a contest, job or scholarship offers that require you to pay upfront
  • Never give out your personal information unless you are confident you can trust the person or company you are interacting with

You can use your EECU debit card anywhere you see the Mastercard® logo whether you are traveling locally or abroad. And, here are three services to help you travel worry free:

#1 Stay Informed with Debit Card Activity Alerts

These customizable, real-time text and email alerts let debit cardholders proactively monitor their account. You can choose which alerts you want to receive and set the dollar amounts that will trigger certain alerts, which will be sent via text message or email.

  • To set-up the Debit Alert feature within online banking, select Additional Services > Debit Card Management > Debit Alerts. And within the mobile banking app, Debit Alerts can be found under More > Debit Card Management > Debit Alerts.

#2 Stay Aware with Debit Card Fraud Text Alerts

EECU provides automatic fraud detection and alerts for your debit card. If potential fraud is suspected, we will contact you immediately to help protect your account.

  • To set up the Debit Fraud Text Alerts quickly and easily click here.

#3 Stay in Control with Debit Card On/Off Switch

EECU debit cardholders have the ability to turn their debit card(s) ON or OFF. This feature lets you take control of your debit card and protect against unauthorized use. If you have misplaced your card, turn it to the OFF position. If you find it, and feel your account has not been jeopardized, turn it back ON and continue to use your card. If you use your card infrequently or are traveling without your card, turn it OFF. Then, turn it ON when you are ready to use it. You are in control.

  • In online banking, select Additional Services > Debit Card Management > Turn Debit Card On/Off. And in the mobile banking app, select More > Debit Card Management > Turn Debit Card On/Off

Lost or Stolen Credit or Debit Card

If you think your card has been lost or stolen, please notify EECU immediately to protect against any fraudulent activity, and get your card replaced.

  • Has your EECU credit card been lost or stolen? Contact our 24-hour hotline at 1-800-442-4757.
  • For a lost or stolen EECU debit card, call our Member Contact Center at 817-882-0800 and select “Option 2”.

Questions? Call our Member Contact Center at 817-882-0800 and we’ll be happy to assist you.

Enjoy your worry-free trip!

Got questions about home financing? We’ve got answers.

We know how difficult the home financing process can feel, whether you are buying a home, refinancing a mortgage or considering home renovations. Our mortgage experts will be on hand to answer any questions you may have and walk you through the process. Our goal is to make home financing faster and friendlier for you, with a loan that best meets your family’s unique needs.

Join us for Mortgage Open Houses and learn about:

  • Getting pre-qualified
  • Free no obligation mortgage review
  • What can you afford?
  • How much money you need?
  • How you can get HomeAdvantage1 Cash Rewards2 averaging $1,5003 on your next home?

There are two dates to choose from. And, there’s no need to RSVP—we’ll see you there.

Calendar Mortgage Open House:

EECU Alliance Financial Center

Date: Saturday, June 23

Location: 3451 Texas Sage Trail, Fort Worth, TX 76177

Time: 10:00 a.m. to 1:00 p.m.

 

EECU Burleson Financial Center

Date: Wednesday, June 27

Location: 750 NE Alsbury Blvd., Burleson, TX 76028

Time: 11:00 a.m. to 5:00 p.m.

Can’t make it? Don’t worry. Give us a call at (817) 882-0181 or visit our Home Loan Center online.

NMLS # 500516

 

1 HomeAdvantage is a registered trademark of CU Realty Services. The HomeAdvantage program is made available through a relationship between EECU and CU Realty Services. EECU and CU Realty Services are separate legal entities. 2 HomeAdvantage Cash Rewards are awarded by CU Realty Services to buyers and sellers who select and use a real estate agent in the HomeAdvantage network. Home buyers and sellers are not eligible for Cash Rewards if they use an agent outside of the HomeAdvantage network. Using EECU for a purchase mortgage loan is not a requirement to earn Cash Rewards. Cash Rewards amounts are dependent on the commission paid to the agent. Please consult with EECU for more details on how Cash Rewards will be paid. Cash Rewards are void where prohibited by law. 3 Cash Rewards example shown is based on a 3% agent commission rate and a purchase mortgage loan amount of $250,000. Since agent commissions rates vary, your actual Cash Rewards may vary accordingly. The Cash Rewards can be applied as a credit towards closing costs. Applicants are not entitled to cash back. Usual and customary buyer closing costs include, without limitation: escrow fee, appraisal fee, loan document preparation fee, recording fee, courier fee, and prepaid items such as flood and hazard insurance and ad valorem taxes. Subject to any home buyers or sellers who have already entered into a purchase contract and have otherwise qualified for the Cash Rewards program, the Cash Rewards program may be terminated by EECU at any time in its sole discretion.