News, events, and useful financial information from APCO Employees Credit Union.

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In short, title insurance protects you from the unknown. More than likely, your home is your biggest investment, and title insurance protects your interest in that investment. Title insurance protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in the title to the property. While other types of insurance (such as flood, auto or homeowners) provide coverage that focuses on possible future events, title insurance protects against loss from hazards and defects already existing in the title to a property. An example of such a defect is improperly executed documents from a previous sale or a lien against a previous owner.

Another difference between other types of insurance and title insurance is in how the policies are paid for. Title insurance is purchased with a one-time premium and provides coverage for as long as the policyholder or their heirs own the property. This is unlike the annual or monthly premiums you must pay for other forms of insurance.

Title insurance provides valuable protections at a good value. Examine the cost of title insurance over the life of the policy versus other types of insurance and you’ll find that policyholders receive great value for the money they spend.

Over half of all real estate transactions have a problem somewhere in the chain of title. Insurers find these issues and assist in taking corrective action to enable the transactions to go through. So the next time you refinance or purchase a new home, remember that title insurance gives you peace of mind at a great value.

ICU_Day_2015_logo_GIFInternational Credit Union Day, which will be observed Thursday, October 15, provides an opportunity for credit unions around the world to look to the future and renew their commitment to credit union ideals. This year’s theme is “People Helping People.” Credit unions allow more than 200 million people worldwide to achieve their goals through savings and the wise use of credit.

Check out these simple changes that can save you both time and money.

1) Sign up for direct deposit. Skip the pay-day trip to the Credit Union – you’ll avoid the line and begin drawing dividends immediately.

2) Switch to a low fixed rate credit card. What’s the interest rate and fees on your current card? Keep it simple with the APCO Platinum VISA with 1% cash back.

3) Open an APCO IRA. It’s never too early to start your lifetime IRA.

4) Get an APCO checking account. Our checking accounts are free and they’re yours for the asking. A convenient APCO debit card is free and all you pay for are your checks. Checks are free to members at least 55 years of age.

5) Teach your children financial responsibility. By age five, start young ones on an allowance without ties for chores or behavior. Include older children in family financial decisions, so they can learn by example.

6) Always check Credit Union rates before borrowing elsewhere. If you find a lower rate, there may be a catch.

7) Send in your family. APCO membership is open to your family and relatives by blood or marriage. They can enjoy the same great rates and services you do.

president-desk

As I make plans to retire at the end of the year, I think back to when I was fresh out of school with two years of military service under my belt. By that time, I had figured out that it was a do it yourself life, so I decided to follow the career advice of the great comedian, George Burns. He said, “Find something you love to do and figure out how to get paid for it.” It was good advice and I have truly loved working for the Credit Union.

As the world has brought us forward, I am pleased that I could be a part of the continuous modernization of our Credit Union. As I tell our Board, “If things are going to stay the same, we’re going to have to change.” Change is a constant and the advance of technology has made all of our lives both simpler and more complex. Removing barriers and delivering the best financial services to our members in the way they want to access them has been the goal for the Credit Union and challenging work for our Staff.

As I look back on the achievements we have accomplished together, it has been a most rewarding career. While there are many good memories of people and events in the past, one of the most significant achievements for the Credit Union occurred rather recently. At the 2014 Credit Union National Association’s Conference in Washington, D.C., APCO Employees Credit Union was recognized as the best credit union in the nation with regards to member benefits. While providing value to our members has always been our focus, it was certainly nice to be recognized nationally for being the best at what we do. The award was a great honor for our Credit Union and a testament to the efforts put forth by our Staff and Volunteers in making our Credit Union the best. The award will be a cherished memory.

As my Credit Union career comes to an end December 31, I am a humble and grateful person. I appreciate the opportunity I was given to lead the Credit Union. I would like to thank everyone, past and present, who have been so instrumental in the success of our Credit Union and for the support and encouragement they have given me through the years. Our Credit Union has a bright future. Thank you all – for everything!

V. Merrill Mann, CCUE
President/CEO

101 Huntley Parkway

101 Huntley Parkway

Great news for APCO members living or working in the Pelham and Shelby County areas. Your Credit Union will be moving its Pelham branch from its current location in the Publix shopping center to a spacious branch office about 100 yards away. Your Credit Union recently purchased the former Cadence Bank branch location on the corner of Highway 52 and Huntley Parkway at the traffic light. We plan to be moved into the new spot at 101 Huntley Parkway in October.

Come experience the Credit Union difference at our new location. Office hours will be 8:30 a.m. to 4:30 p.m. each day, Monday through Friday. The branch will have a fee free ATM for members and will have drive through service.

Thank you for allowing us to serve you. Watch your mailbox, future emails, future newsletters and social media for an exact opening date. Stop by or call and let our new Pelham branch be of service to you.

Being a member of APCO Employees Credit Union is a good deal. It is a good deal by design. The Credit Union was created by the members, for the members, to help one another do better financially by pooling our resources and building an organization to manage them. As a result, each member has a place to borrow money at good rates, save money at good rates, and to use the Credit Union’s services.

Save With Us

Making your money grow as quickly and safely as possible is important no matter what your savings goal. The Credit Union consistently pays high rates of return and your funds are federally insured.

Your Credit Union Share Account offers you the best of everything. A competitive market rate of return combined with easy access to your money makes this account a sensible way to save. We also have a variety of certificates of deposit and IRAs that are designed to meet your needs.

Borrow From Us

We learned long ago that the best loans are the ones that make peoples’ lives better. Whatever your reason – a new car, a sleek new boat, that dream house, or an exciting vacation – reward yourself for all your hard work! And it’s affordable with a low cost Credit Union loan.

Our loan service is fast, convenient, and confidential with a minimum of red tape. Our loan officers like to say yes, so stop by or call any of our offices today.

Convenient Services

As an APCO member, you can continue to expect a good value in financial services. That’s our primary aim, but you can also expect convenient access to those services.

The APCO VISA debit card allows members to access their APCO checking account anywhere VISA is accepted. Our online and mobile banking services enable members to monitor their APCO account 24/7 and make transfers online. Our Call-A-Teller (CAT) audio response system has provided telephone convenience for over 20 years. The APCO VISA credit card offers ultimate convenience, a low 10.9% APR, and 1% cash back on all your purchases. Best of all, there’s no annual fee on our credit card or the APCO debit card. Plus, CAT services and online banking services are also free. We also have 15 branch offices and a network of 46 ATMs located around the state ready to serve you. Our fully staffed Call center (800-249-APCO) allows you to conduct business with us by phone from the convenience of your home or office.

5 Star Safety

Your Credit Union continues to be rated 5 stars (superior) by Bauer Financial, the highest possible rating by this well respected bank and credit union rating service. Your savings at APCO Employees Credit Union is also federally insured to at least $250,000 and backed by the full faith and credit of the United States government. Your Credit Union is strong and your funds are safe with us.

The Credit Union is member owned and operated and its only reason for existence is to help its members do better financially. Money making and money saving services that are easy to use – that’s what your Credit Union has to offer. Your Credit Union is where you belong.

Mike Lewallen speaks at a Lunch and Learn at Balch and Bingham (photo source APCO Employees Credit Union, Sept. 28, 2015)

Mike Lewallen speaks at a Lunch and Learn at Balch and Bingham (photo source APCO Employees Credit Union, Sept. 28, 2015)

Several dozen employees from Balch and Bingham learned some valuable information about social security and retirement planning today.

The employees attended a seminar hosted by APCO Employees Credit Union. The guest speaker was Mike Lewallen, financial advisor with APCO Investment Services, who talked to the employees about the challenges facing social security and retirement planning.

If you are looking for more information about retirement planning and social security, you can contact Mike at apcocu.org/advice.

Your Credit Union will begin reissuing debit and credit cards with the new EMV chip to our members starting later this year and into 2016. The new “chip” cards will be more secure and help us better safeguard your personal information. More information on the new cards will be coming soon, so stay tuned!

To assist in planning your fall weekends, you may pick up an Alabama / Auburn football schedule at any of our offices while supplies last.

Moving? Please let us know. Inform the Credit Union in writing when your address changes, even if you have a company address.

Your Credit Union has 46 branded ATMs located around the state. Many are in Appliance Sales and Payment Centers of the Alabama Power Company. Stop by and let one of our ATMs be of service to you.

Check out our online mortgage center on our home page under Quick Links. You’ll have the power to research various mortgage products, search for rate quotes, and apply for a loan 24 hours a day, 7 days a week.

Keep it simple. The APCO VISA credit card has a low rate of 10.9% APR, gives you 1% cash back on your purchases, and it’s a good choice. Apply Today!

In case you haven’t noticed, your Credit Union’s website (apcocu.org) has a wealth of up to date information right at your fingertips. In addition to current rates, financial information, and our What’s Happening page, the site has a live section with the latest news, weather and stock information.

The stock market section features the latest quotes on the Dow Jones Industrials, the NASDAQ, and the S&P 500. This section also has the current price of Southern Company stock along with a few other local stocks of interest. There’s even a place to put in the stock symbol of any company you might be interested in for its up to the minute stock price.

While the Credit Union’s website may not provide the most comprehensive news, weather and stock market information you can find online, we do make it easy. Rather than having to search multiple sites, our site combines what you need to know, when you need to know it. Stay connected and add some convenience to your life by making the Credit Union’s website one of your favorites.

101 Huntley Parkway

101 Huntley Parkway

Great news for APCO members living or working in and around the Pelham and Shelby County areas. Your Credit Union will be moving its Pelham branch office from its current location in the Publix shopping center to a spacious branch office about 100 yards away. Your Credit Union recently purchased the former Cadence Bank branch located on the corner of Highway 52 and Huntley Parkway at the traffic light. We plan to be moved into the new spot by mid October.

Watch your mailbox, future newsletters, and our website for information regarding the exact opening date in October. We’re excited!

2012 APCO Credit Union For Kids Charity Golf Tournament

Your Credit Union is pleased to sponsor the 11th annual APCO Credit Union For Kids Charity Golf Tournament benefitting Children’s Hospital of Alabama. The tournament will be held on Monday, October 12 at the Grayson Valley Country Club in Birmingham. You are invited to play and all profits will go to Children’s of Alabama.

Your contribution to this event is tax deductible to the full extent of the law. It has been the Credit Union’s pleasure to work closely with Children’s Hospital through Credit Unions For Kids for 20 years.

See the details on the tournament that follows but bring yourself or bring your foursome and make plans to play a round of golf with us in October for a good cause. If you are unable to play but would like to support Children’s Hospital, please send or give a check to the Credit Union for the amount you choose made payable to “Credit Unions for Kids.”

Here’s the Particulars:

Place: Grayson Valley Country Club
Date: October 12, 2015
Time: 11:00 a.m. Registration
Lunch Served: 11:30 a.m.
Tee Time: 12:30 p.m. Shotgun Start Format: Team Scramble
Entry Fee: $100 per person
Hole Sponsorship: Starting at $250 per hole
Checks Payable To: Credit Unions For Kids

Send Checks to:
APCO Employees Credit Union
Attn: Danna Horne
750 17th Street North
Birmingham, AL 35203

Deadline for entries is Friday, October 2, 2015. Entry forms are available at all offices and if you have any questions, please contact Danna Horne at 205-226-6916. Prizes will be awarded for best scores and there will be a drawing prize for everyone. See you there!