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

Archive for category: Events

APCO ECU employees and their family at the 2016 APSO Power Run (photo source APCO Employees Credit Union)

APCO ECU employees and their families at the 2016 APSO Power Run (photo source APCO Employees Credit Union)

More than 70 of your Credit Union’s employees and their family members turned out to participate in the 8th Annual 5K Power Run!

The event, hosted by the Alabama Power Service Organization, raises money to support YMCA Youth Development Programs. Hundreds of people turned out Saturday, March 12, 2016, at Veterans Park in Hoover under warm, cloudy skies.

APCO Employees Credit Union was proud to be a sponsor of this event again this year. For more information, please visit powerrun.org.

2015 Annual Meeting

Calling all members: It’s Annual Meeting time and your chance to be in the know. You can review the Credit Union’s progress and achievements over the past year. You’ll also be able to find out what’s planned for the future success of the Credit Union.

Mark your calendar now for Thursday, April 7, 2016. That is the date of your Credit Union’s 62nd Annual Membership Meeting. The meeting will be held at the Corporate Headquarters Building of the Alabama Power Company in Birmingham. The meeting will begin at 6:30 p.m. and will be held in the first floor auditorium. Free, secure parking will be available for members in the parking deck. Please enter the deck on the Sixth Avenue North side and use the second level or above.

The Nominating Committee has met and is using this newsletter to place and distribute its list of nominees before the membership. The Committee’s nominees are:

Board of Directors
(All 3 year terms)

  • Melinda Lopez – Employed by the City of Hoover for 18 years. Her current position is Budget and Financial Manager. Ms. Lopez has served as an official of the Credit Union for 11 years.
  • Greg Shipp – Employed by Alabama Power Company for 37 years. His current position is Delivery-Distribution Engineer. Mr. Shipp has served as an official of the Credit Union for 15 years.
  • Mark Wilkinson – Employed by Alabama Power Company for 41 years. His current position is Internal Controls Manager. Mr. Wilkinson has served as an official of the Credit Union for 31 years.

Credit Committee
(All 3 year terms)

  • Jim Moore – Now retired, he was employed by Alabama Power Company for 41 years. Mr. Moore has served 7 years as a Credit Union official.
  • Vicki Page – Employed by Alabama Power Company for 20 years. Her current position is Senior Accountant.
  • Joe Shannon – Employed by Alabama Power Company for 39 years. His current position is Contract Analyst. Mr. Shannon has served as an official of the Credit Union for 14 years.

Supervisory Committee
(3 year terms)

  • Ann Wilkinson – Employed by Alabama Power Company for 38 years. Her current position is Accountant. Ms. Wilkinson has served 31 years as a Credit Union official.

The Nominating Committee will accept additional nominees for each vacancy on the Board of Directors, Credit Committee, and Supervisory Committee from the membership until February 15, 2016. At that time, nominations will be closed. Any person nominated by the membership must present a written nomination signed by at least 500 members to:

Chairman of the Nominating Committee
750 17th Street North
Birmingham, AL 35203

Everyone is invited to attend and participate in the Annual Meeting. The event is a great time for the members to come together. You are encouraged to come and meet the people who care for your finances behind the scenes, and learn about the Credit Union’s plans for 2016 and the coming years.

As in past years, a small gift will be given to those members in attendance and there will be a drawing for door prizes. Your Credit Union had an excellent year in 2015 and we hope you have a chance to attend and hear the reports. We appreciate your support of the Credit Union and we look forward to seeing you there.

apco-dec-2015-lunch-and-learn

Changes coming in 2016 to Social Security benefits were discussed Tuesday and Thursday during a Lunch and Learn seminar hosted by your Credit Union.

Mike Lewellan of APCO Investment Services presented the information to Alabama Power and Southern Company employees in Inverness and downtown Birmingham. Mike discussed changes in 2016 and options for people who are looking at drawing Social Security benefits in the future.

If you are interested in learning more, please contact Mike at apcocu.org/advice.

apc-new-emp-forum-home-v3

Your Credit Union was proud to participate recently in the New Employees Forum at Alabama Power.

More than 400 employees hired by Alabama Power within the past 12 months met for a one-day seminar late last month. The company used the gathering to visit with employees, sharing with them both a vision for the future and resources available to them.

Employees got a chance to visit with representatives from APCO Employees Credit Union, learning about all of the benefits of becoming a member. We appreciate everyone who joined or stopped by to visit!

(l-r) V. Merrill Mann, Danna Horne, Cayleigh Cummings, and Derrick Ragland (photo source APCO Employees CU)

(l-r) V. Merrill Mann, Danna Horne, Cayleigh Cummings, and Derrick Ragland (photo source APCO Employees CU)

Thanks to your generous support, the 2015 APCO Credit Union for Kids Charity Golf Tournament raised more than $26,000 for Children’s of Alabama!

A check for $26,115 was presented today to Children’s of Alabama by V. Merrill Mann, President and CEO of APCO Employees Credit Union, Danna Horne, and Derrick Ragland, COO. The donation was one of the largest in the 11 years APCO Employees Credit Union has been hosting the charity golf tournament.

The 2015 tournament was held October 12th at the Grayson Valley Country Club in Birmingham.

APCO Employees Credit Union has worked with Children’s of Alabama through Credit Unions For Kids for more than 18 years.

IMG_9627

A grand opening was held Friday to celebrate your new Pelham branch location!

More than two dozen people took part in the ribbon cutting Friday afternoon, including Pelham Mayor Gary Waters and representatives from the Greater Shelby County Chamber of Commerce. Several members of the APCO Employees Credit Union Board of Directors were also on hand, along with President Merrill Mann, COO Derrick Ragland, and CFO Blane Mink.

Prior to the ribbon cutting, Ragland praised the city of Pelham for helping make the transition as easy as possible.

The new branch is located at 101 Huntley Parkway, just a short distance from the previous branch location. The phone number (205-664-7421) remains the same.

Derrick Ragland (l) and Rep. Gary Palmer (photo source APCO Employees Credit Union)

Derrick Ragland (l) and Rep. Gary Palmer (photo source APCO Employees Credit Union)

The Birmingham-Jefferson Chapter of the League of Southeastern Credit Unions hosted the 2015 LSCU Legislative Night on Thursday, Nov. 12, 2015, at Vulcan Park and Museum in Birmingham.

Pictured above is Derrick Ragland, COO and soon-to-be President of APCO Employees Credit Union with Congressman Gary Palmer.

For more information about the League of Southeastern Credit Unions, visit lscu.coop.

101 Huntley Parkway

101 Huntley Parkway

Come celebrate the grand opening of your new Pelham branch with us!

A Grand Opening celebration will be held Friday, Nov. 13, 2015, from 11 a.m. to 2 p.m. Stop by for refreshments and register for your chance to win a free TV!

We didn’t move far: the Pelham branch has moved to 101 Huntley Parkway, which is where Cadence Bank used to be located on the corner of Highway 52 and Huntley Parkway. That’s about 100 yards away from its previous location in the Publix shopping center.

Operations in the new branch office began Monday, Oct. 19, 2015. Our phone number (205-664-7421) remains the same.

Thanks for being a member!

apco-youth-conference-oct-2015

Your Credit Union’s member services team spent the morning today teaching Birmingham-area teenagers the importance of financial responsibility.

The team spoke at today’s Youth Leadership Conference at Alabama Power Headquarters in downtown Birmingham. The team talked to the high school students about the importance of good credit, how to establish credit, the differences between credit unions and banks, and how loans work.

We appreciate the invitation from Alabama Power and the Alabama Power Service Organization to speak at today’s event. If you have any questions about financial responsibility, please contact us.

Lunch and Learn at APCO Employees Credit Union, Oct. 28, 2015

Lunch and Learn at APCO Employees Credit Union, Oct. 28, 2015

Members concerned about their investment strategy visited your Credit Union Wednesday for a “Lunch and Learn” on conservative investing ideas.

The seminar, presented by APCO Employees Credit Union, featured Mike Lewallen, financial advisor for APCO Investment Services. Mike answered questions about conservative investing and explained how this type of investing helps you face today’s financial risks.

Mike also explained the difference between CD’s and annuities, the different types and advantages of annuities, and how to decide which conservative investment is right for you.

If you want to learn more about investing options for you, contact Mike Lewallen at apcocu.org/advice.