Twelve Peter C. Bertucci Scholarships Awarded
Five Ways to Establish Credit
When it comes to getting a credit card, qualifying is actually
one of the easiest parts of the process. Establishing a positive
credit record, however, requires dedication and patience.
Whether you are new to credit or are trying to “clean
up” past mistakes to reestablish a favorable record,
you may encounter a frustrating paradox: you must
have and use credit to create a credit history, yet many
financial institutions are reluctant to extend credit to
someone without an established record. But don’t
despair - there are several good remedies for
both situations.
Jefferson Financial Credit Union is proud to announce that twelve local area high school seniors will each
be presented with a scholarship to the college of their choice. Twelve scholarships for $1000 will be awarded
to these seniors that demonstrated school/community involvement, academic excellence, and citizenship.
Additionally, the sponsoring teacher of each scholarship winner will receive a $100 stipend, and the respective
school will receive a $300 stipend. All applicants are members of Jefferson Financial Credit Union and will
enroll in an undergraduate course of study during the 2016-2017 school year.
St. Joseph’s Academy
Julia Boullt
St. Louis Catholic High School
Jefferson Financial Credit Union
Jose M. Bran Jr.
L.W. Higgins High School
Hurricane Procedures
Bailey Dufrene
Academy of Our Lady
Heulette Fontenot Doyle High School
Benjamin Irino
Haynes Academy
Mikah Luce
Denham Springs High School
Clare Parrino
Archbisop Chapelle High School
Mallory Pilie
Lusher Charter School
The Retailer’s Card
Consider a local retailer’s credit card. Their criteria is often less rigorous than larger credit issuers. Be sure
they subscribe to the major credit reporting agencies though - if not, you won’t be establishing a credit
history.
James Stoner
Jesuit High School
Review Your Credit Report
Finally, if you have damaged credit, you might need to rectify the past as you’re building your future.
Paying old debts and correcting errors on your credit report as soon as possible might be the way to go.
Pay off Your Debts
Once you have a credit line, establish a good history by using it responsibly. Keep balances low, always pay
on time, don’t pursue unnecessary credit, and stick with a few good credit instruments of various types.
SUMMER 2016
Delia Ardoin
A Secured Card
An excellent start is a secured credit card. You are granted a credit line based on a percentage of a cash
deposit you make to your financial institution. Because deposits are usually low, so too will be your credit
limit. Application and annual fees for secured cards are often higher then those associated with unsecured
credit cards.
A Co-Signer
Another option is having someone with a positive credit record co-sign an account for you. This requires a
great deal of trust on the part of the co-signer - if you fail to pay, he or she is responsible. You could end up
jeopardizing a relationship as well as a credit record.
A q u ar terly newsle t ter of Je f ferson Financial
Alexandra Walsh Haynes Academy
Alexys Wright
New Orleans Military & Maritime Academy
Board of Directors
Feleciano Mendoza, Jr., Chairman
Susan Bloom, Vice-Chairman
Sharon Wegner, Treasurer
Joann Tassin, Secretary
Floyd Grayson, Security Officer
Lloyd J. Clark, Director
Barbara Duplantis, Director
George Horne, Director
Nathan Winesberry, Director
Mark E. Rosa, President/CEO
Ashley Gambino, Editor
Main Office
7701 Airline Drive
Metairie, LA 70003
Toll free: (800) 259-2471
Fax: (504) 736-3647
www.JeffersonFinancial.org
eTalk 24-hour Telephone Teller
(504) 348-1314
Federally Insured by NCUA
In this issue:
Jefferson Financial Credit Union
Hurricane Procedures
Do You Kasasa®
Say Hello to the Sprint
Credit Union Member Discount
Love Your Savings
Trash That High Rate Mortgage
Five Ways to Establish Credit
Twelve Peter C. Bertucci
Scholarships Awarded
Know what actions the Credit Union will take during a hurricane:
• During a Hurricane Watch, the Credit Union will extend hours of
operation as long as practical to better serve our members.
• During a Hurricane Warning, Jefferson Financial will close.
Although, we will re-open as quickly as possible to serve our
members, our primary concern will be the safety of our employees
and their families. Much of our ability to re-open will depend upon
the amount of physical damage incurred, the availability of power,
telephone communications, and how quickly local authorities are
able to clear the areas around the Credit Union of safety hazards.
To find out more on the operational status of Jefferson Financial Credit
Union you can call us at 800.259.2471 or visit our website at
www.JeffersonFinancial.org.
Holiday Closings:
Independence Day
Monday, July 4th
Closed
Labor Day
Monday, September 5th
Closed
Do You Kasasa®
Love Your Savings
It’s Like We Pay You to Bank Here!
Everyone is looking for ways to save money, and that’s just what Love My Credit Union Rewards is all about.
Are you tired of hidden fees, or charges for
simply using your Debit Card? Look no
further! We offer FREE checking accounts
that actually reward you for doing your normal
banking activities. Take a look at the accounts
and services we have to offer.
Say Hello to the Sprint
Jefferson Financial Credit Union is excited to offer you exclusive discounts and benefits on products and
services you use every day. Credit union members have already saved over $1.6 billion with Love My Credit
Union Rewards discounts. So along with lower loan rates and fewer fees, here’s another way you can save
even more.
Credit Union Member Discount
If you’re looking to save on your mobile bill, then it might be
time to say hello to the Sprint Credit Union Member Discount!
As a member of Jefferson Financial Credit Union, you can save
on your wireless data each month!
Ways to save:
Individuals
Kasasa® Cash Checking Account
• 3.00% APY* on balances up to $10,000 and 0.25% APY* on balance above the initial $10,000
• Refunds on ATM fees nationwide*
Increase your earnings by linking you Kasasa Checking to a Kasasa® Saver Account!
•G
et a 10% discount on select regularly priced Sprint
monthly data service
• Valid in conjunction with other credit union and Sprint
National handset and other promotions
• Mention Corporate ID: NACUC_ZZM
eceive a 10% discount (business members a 15% discount) on select regularly priced Sprint monthly
R
data service. Valid in conjunction with other credit union and most Sprint National handset offers
and promotions
Get safety and security of roadside assistance and more for less than $1 per week* with CU Road Pal.
Save up to $15 on TurboTax Federal tax products
Save on services for your home from ADT, DIRECTV, Allied, and more
Earn cash back when you shop at over 1,500 online retailers with Love to Shop
The more offers you take advantage of, the more you save. Start saving today at LoveMyCreditUnion.org.
*Based on individual roadside assistance plan
Business Members
Qualifications Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the
Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards:ATMprocessed transactions, transfers between accounts, debit card purchases made with non-Jefferson Financial Credit Union issued debit cards. “Monthly
Qualification Cycle” means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the
current statement cycle.
Kasasa Cash Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $10,000
receive APY of 3.00%; and balances over $10,000 earn 0.25% interest rate on the portion of balance over $10,000, resulting in a range from 3.00% to 0.25%
APY depending on the account’s balance and (2) you will receive reimbursements for nationwide ATM fees incurred during the Monthly Qualification Cycle in
which you qualified.
When Kasasa Cash qualifications are not met, all balances in the account earn 0.03 APY and ATM fees are not refunded. Dividends and ATM fee
reimbursements will be credited to your Kasasa Cash account on the last day of statement cycle. APY = Annual Percentage Yield. APYs accurate as of
07/01/2016. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.
Kasasa Cash Back Reward Information: When your Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, you will receive
(1) 2.00% cash back on up to a total of $400.00 PIN-based/signature-based debit card purchases that post and settle to the account during the cycle period.
A maximum of $8.00 cash back may be earned per Monthly Qualification Cycle and (2) you will receive reimbursements for nationwide ATM fees incurred
during the Monthly Qualification Cycle in which you qualified.
When Kasasa Cash Back qualifications are not met, no cash back payments are made and ATM fees are not refunded. Cash back payments and ATM fee
reimbursements will be credited to your Kasasa Cash Back account on the last day of statement cycle. Rates and rewards are variable and may change after
account is opened. Fees may reduce earnings.
Additional Information: Account approval, conditions, qualifications, limits, time frames, enrollments, log-ons and other requirements apply. No minimum
deposit is required to open the account. Monthly Direct Deposit/ACH credit, enrollment in online banking, receipt of eStatements may be a condition(s) of this
account. Enrollment in electronic services (e.g. online banking, eStatements, ePay online bill pay) and log-ons may be required to meet some of the account’s
qualifications. Limit 1 account per social security number. There are no recurring monthly service charges or fees to open or close this account. Contact a
Jefferson Financial representative for additional information, details, restrictions, processing limitations and enrollment instructions.
Kasasa & Kasasa Cash are trademarks of BancVue, Ltd., registered in the U.S.A.
• Get a 15% discount on select regularly priced Sprint monthly data service
• Valid in conjunction with other credit union and Sprint National handset and other promotions
• Mention Corporate ID: NACUC_ZDS_ZZM
Ways to get your discount:
• Call 877.SAVE.4CU (877.728.3428) or
• Visit your nearest Sprint store
Let them know you’re a credit union member and mention the appropriate Corporate ID listed above.
Start saving today with the Sprint Credit Union Member Discount.
Trash That High Rate Mortgage
Why not grab a lower rate while you can? At Jefferson Financial, we
make it easy to purchase a home or refinance your existing mortgage.
• We offer mortgages at a fixed rate Conventional and FHA,
LTV’s up to 96.50%
• A great selection of rates and terms up to 30 years
•Fast local service from our friendly, professional staff
There’s no time like the present to start saving money.
Call us at 800.259.2471, or visit
www.JeffersonFinancial.org to apply online.