Fort Worth Credit Unions and Credit Unions For Kids raised over $102,000 for Children’s Miracle Network (CMN) at Cook Children’s Medical Center in Fort Worth. This was a record year in fundraising for credit unions making them the third largest corporate donor in the Fort Worth market. CMN presented an award hand-painted by a Cook Children’s patient during a recent credit union dinner to commemorate the incredible year.
Twelve deserving students were recently recognized as a “Scholar of the Month” in the Eagle Mountain-Saginaw ISD. The prestigious award program, originated in 2010 by the district’s Education Foundation, recognizes and applauds academic excellence for students in grades 6-11.
Students voluntarily submit an essay that answers the question, “Why I Should Be Scholar of the Month.” Entrants are evaluated on their essay, extra-curricular activities and volunteerism. A different middle school or high school is highlighted each month throughout the school year.
Congratulations to all the winners; each received a $50 Savings Bond, sponsored by EECU Community Credit Union and Crestview Printing, a $25 Wal-Mart gift card and a certificate of achievement from Senator Jane Nelson’s office.
Click here to view a list of the winners.
On behalf of EECU, I would like to say thank you to our members and to our EECU staff for all that was done to make our “Collaborating Against Hunger” Food Drive a tremendous success. Because of your efforts, we were able to donate 818 pounds of food to the Tarrant Area Food Bank just in time for Thanksgiving.
Together we made a difference. Happy Thanksgiving to all.
Lonnie Nicholson, President / CEO
Mound Elementary School in Burleson ISD is the oldest school in the district and was built in 1962. It is a school that is overflowing with school spirit and team work. EECU’s Burleson branch has worked with Mound Elementary for more than ten years as a community–business partner.
Each school year EECU representatives and the Mound Leadership Team meet to design a plan for the best allocation of sponsorship dollars from EECU. After the 2010-2011 meeting last fall it was clear that the school needed assistance with reaching students struggling in science. The sponsorship funds were allocated for the purchase of new equipment and materials for the science lab, where science comes to life.
After a year of hard work and dedication by Mound Elementary School teachers and staff, Principal Rexanne Higgins was elated to announce that TAKS scores in science increased from 80% passing to 85% passing. The elevation in scores also helped Mound Elementary gain the Recognized Campus rating by the Texas Education Agency.
“We are so proud of the students, families, teachers and staff members at Mound Elementary! EECU is honored to play a very small part in the academic success of these kids. We look forward to another school year of partnering with a great group of people dedicated to learning,” says EECU Burleson Branch Manager Laurie Montgomery.
“We are very appreciative to EECU for donating funds that we were able to utilize in purchasing science lab materials which resulted in an increase in student achievement on state science assessment!” says Mound Principal Rexanne Higgins.
EECU’s Weatherford Branch donated a new bicycle to Wright Elementary first grader for achieving perfect attendance. Dollar Dog and Weatherford EECU Branch Director Linda Harris recently presented a new bicycle to Wright Elementary first grader Veronica Cruz for achieving perfect attendance during the first six weeks of the 2011-12 school year.
Weatherford EECU selects one name during each six weeks period from all Wright students with perfect attendance, and the winner either receives a new bicycle or a gift card.
All funds in a ‘‘noninterest-bearing transaction account’’ are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules.
The term ‘‘noninterest-bearing transaction account’’ includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal (‘‘NOW’’) account, Money Market deposit account, and Interest on Lawyers Trust Account (‘‘IOLTA’’), even if share drafts may be drawn on the account.
For more information about temporary NCUA insurance coverage of transaction accounts, visit www.ncua.gov.
EECU will continue to closely monitor signature based debit card transactions.
EECU has a rich history of community support and when employees first heard about the Texas Wildfires they decided to lend help where they could to the wildfire relief efforts. EECU employees collected roughly $1,000 in individual donations. Employees of all 12 branches participated by donating money to help firefighters, the Red Cross and people that live in the communities devastated by the destruction of the fires.
EECU then matched the funds contributed by employees to bring the total donation to $2,000. The donations were presented to The American Red Cross – North Texas Chapter, $1,000 and the First National Bank of Santo Wildfire Relief Account $1,000. “EECU proudly serves Palo Pinto County and surrounding Counties, I am proud to see the commitment of our employees to our fellow neighbors in need. I hope these funds can help firefighters and families who lost everything with some basic needs,” says EECU President and CEO, Lonnie Nicholson.
Lonnie Nicholson, EECU President/CEO; Shannon Worthington, Red Cross North Texas Chapter; Connie Talmadge, EECU Chief Retail Officer Continue reading
In trying times when income is less than it used to be, it’s natural to use more credit. Your credit score can change monthly as payments are made or not, new amounts are added to account balances, accounts are opened or closed, etcetera. The key is to use available credit wisely and not to overuse it. To improve your score, you should try to:
- pay all bills on time. If you miss a payment, try to get current and stay current a.s.a.p.
- pay down your balances, reduce our total debt load and use less of the total amount available
- It’s wise not to apply for and use new credit if you’re already experiencing a financial hardship.
- monitor your credit report to be sure the data reflected there is correct
While a few payments will likely not improve our score immediately, it starts to create a pattern which could improve your score over time, as credit is managed responsibly. New payments, with a good track record, will eventually replace the older items on your report. Continue reading