QUARTERLY
DIVIDEND
THE NEWSLETTER OF
TMH FEDERAL CREDIT UNION
YOUR Healthcare Credit Union
50th Annual Meeting
Our 50th Annual Meeting was a success and it wouldn’t have been
possible without the membership! The Board and Staff of TMH
Federal Credit Union would like to say thank you to all that
attended. We appreciate your continued support and look
forward to many more years with you as a member!
Immediately following the annual meeting, the Board held its
annual reorganization meeting and appointed Christie Sloan
as Chairperson. Ms. Sloan has served on the Board for over
10 years and has previously held this title. Former Chairperson
Al Parker will remain on the Board as a Director at Large.
We would like to thank Ms. Sloan, Mr. Parker and fellow
Board and Supervisory Committee Members for their
continued dedication.
Main Office Building Update
It’s an exciting time at TMH Federal Credit Union! The new building
construction is underway and emerging at a noticeable pace. With
construction scheduled to be finished near the end of summer,
anticipation for our new Main Office is constantly growing.
Please stop by and see the progress for yourself.
We are right around the corner from moving into
our new home!
Scan our
QR code
and visit us
online.
VOLUME 17
ISSUE 3
SUMMER 2012
INSIDE
Student Loans by Sallie Mae® 2
2012 Scholarship Program 2
Small Splurges Sweeten Financial Stress 2
Summer VISA® Promotion 3
Privacy Policy 3
Buy Local for Broad Impact 3
2012 1st Quarter Shining Star 4
Important Announcements 4
Holiday Closings 4
®
Improving the financial life of each member is our priority and our pleasure.
12456-News-0612
Student Loan® by Sallie Mae®
Private Student Loans
Now you can pay for college the smart way with three great repayment options and
competitive interest rates!
The TMH Federal Credit Union Smart Option Student Loan® by Sallie
Mae® is an ideal solution to help bridge that gap between federal loans and the cost
of your education expenses.
The Smart Option Student Loan features and benefits:
n New interest rate type for Academic Year 2012-13. We now offer competitive
fixed interest rates in addition to our low variable interest rates providing
even more choice and flexibility
n Borrow up to 100% of school certified education costs (minimum $1,000)
n Multiple in-school repayment options available
n Borrower benefits available – like rewards and interest rate reductions
n Rates that reward creditworthy borrowers
n Applying with a creditworthy cosigner may help you qualify and/or receive a
lower rate
n Fast Online Application. Our easy-to-complete application takes about 15
minutes. It’s quick and easy
n 24/7 online account management
n No prepayment penalty
To learn more or to apply, please visit www.tmhfcu.org and click on Sallie
Mae® Student Loans under the Loans tab.
*We are compensated for the referral of Smart Option Student Loan customers.
2012 Scholarship
Program
TMH
Federal
Credit
Union’s
Board of
Directors
would like to
announce the
return of our
annual scholarship
program to
enhance the
medical
community
which it has
served for
over 50 years.
Two (2) scholarships of one thousand
dollars ($1,000) EACH will be awarded
in the FALL semester of 2012. This
program is designed for any member
who is pursuing an education in
order to enhance or begin their
medical career.
Application and eligibility requirements
are available at www.tmhfcu.org and all
branch locations. All applications and
supporting documents must be
received by close of business on
Friday, August 3, 2012. Scholarships
will be announced on or before
Friday, August 31, 2012.
Small Splurges Sweeten Financial Stress
Small splurges are one way to help beat frugal fatigue. Here’s how to re-energize yourself and conquer financial burnout:
• Make saving fun. Set up a separate savings account for something special such as a
vacation, new dishes, or a down payment on a different vehicle. To get family
members involved, have a contest to see who can save the most.
• Budget for something you enjoy. Successful budgeters give themselves
“treats” along the way. By rewarding yourself with modest but meaningful
treats, you won’t feel like you’re being deprived while budgeting.
• Design a realistic spending plan. If your budget is too extreme
and leaves little room for any spontaneity, there’s little chance
you’ll stick to it.
• Think outside the budget box. Saving money, staying out
of debt, and sticking to a budget means more than
achieving a financial goal. It also means that your
life in general will be less stressful.
PAGE 2
Privacy Policy
WHAT DOES TMH FEDERAL CREDIT UNION DO WITH YOUR
PERSONAL INFORMATION?
Summer VISA®
Promotion
It’s shaping up to be a hot summer.
Let TMH Federal Credit Union
help you cool down today with a LOW
VISA® Credit Card for one year!
3.99% APR*
Plus, there are no transfer fees or over the limit fees.
Offer expires August 13, 2012, so don’t let this
opportunity melt away! Apply now at www.tmhfcu.org
or call 850.402.5301.
(* - APR = Annual Percentage Rate. Financing available to qualified borrowers.
Other restrictions may apply. Rates do not apply to refinance existing TMH FCU loans.
Membership is subject to eligibility. Offer expires August 13, 2012.VISA® rate only
good for 12 billing cycles, then regular rates apply.)
Buy Local for Broad Impact
In communities across the U.S., the buy-local movement is
gaining momentum among consumers. Advocates say buying
local appeals to people who like to have control in their lives
and to speak through their purchases. They’re changing their
communities, one dollar at a time.
Studies show even small changes in shoppers’ habits can have
a huge impact locally. For instance, a study conducted by Civic
Economics in Grand Rapids, Mich., a few years ago showed
shifting just 10% of shoppers’ spending from chains to locally
owned businesses could create nearly $140 million in new
economic activity and 1,600 new jobs for the area.
Locally owned businesses also boost local economies through
what economists call the “multiplier effect.” A Civic Economics’
study of Chicago’s Andersonville neighborhood, for example,
found that each $100 spent at local businesses generated an
additional $68 worth of local economic activity, compared
with just $43 for chain stores.
A local business owner spends more money locally, such as to
hire graphic designers, accountants, printers, and other service
providers. Those local businesses, in turn, spend money for
other local goods and services. And the owners and employees
of all these businesses spend part of their salaries on local
businesses, as well. The effect ripples through the community.
A chain business, on the other hand, isn’t as likely to buy
from local businesses but instead spends most of its money
somewhere else, such as in some distant city where it has
its headquarters.
This dynamic plays out at credit unions and national banks,
too, says Steve Rick, senior economist for the Credit Union
National Association, Madison, Wis. “When Bank of America
makes a profit off you, that money goes to New York City,”
he says. “But your credit union’s earnings get reinvested into
new branches and member services. That money stays in your
community. And it comes back to you in better fees and higher
interest rates on deposits.You’re bettering the community and
also yourself.”
Why? Financial companies choose how they share your personal information.
Federal law gives consumers the right to limit some but not all sharing. Federal
law also requires us to tell you how we collect, share, and protect your personal
information. Please read this notice carefully to understand what we do.
What? The types of personal information we collect and share depend on the
product or service you have with us. This information can include:
• Social Security number and Name
• Account Balances and Payment History
• Creditworthiness and Credit History
When you are no longer our customer, we continue to share information about you
according to our policies.
How? All financial companies need to share members’ personal information to
run their everyday business - to process transactions, maintain customer accounts,
and report to credit bureaus. In the section below, we list the reasons financial
companies can share their members’ personal information; the reasons TMH
Federal Credit Union chooses to share; and whether you can limit this sharing.
Reason we can share your personal
information
Does TMH
FCU Share
Can you limit
this sharing
For our everyday business purposes - such as
to process your transactions, maintain your
account(s), respond to court orders and legal
investigations, or report to credit bureaus
YES
NO
For our marketing purposes - to offer our
products and services to you
YES
NO
For joint marketing with other financial companies
NO
We Don’t Share
For our affiliates’ everyday business purposes information about your transactions and experiences
NO
We Don’t Share
For our affiliates’ everyday business purposes information about your creditworthiness
NO
We Don’t Share
For our affiliates’ to market to you
NO
We Don’t Share
For non affiliates’ to market to you
NO
We Don’t Share
Questions? Call 850-402-5301 or go to www.tmhfcu.org
WHO WE ARE
Who is providing this notice? TMH Federal Credit Union
WHAT WE DO
How does TMH FCU protect my personal information?
To protect your personal information from unauthorized access and use, we use
security measures that comply with federal law. These measures include computer
safeguards and secured files and buildings.
How does TMH FCU collect my personal information?
We collect your personal information, for example, when you
• open an account or deposit money
• pay your bills or apply for a loan
• credit card or debit card
We also collect your personal information from other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only
• sharing for affiliates’ everyday business purpose – information about your
creditworthiness.
• affiliates from using your information to market to you
• sharing for nonaffiliated to market to you
State laws and individual companies may give you additional rights to limit sharing.
DEFINITIONS:
Affiliates
Companies related by common ownership or control.
They can be financial and nonfinancial companies.
TMH FCU has no affiliates
Non Affiliates
Companies not related by common ownership or control.
They can be financial and nonfinancial companies.
TMH FCU does not share with non affiliates so they can
market to you.
Joint Marketing
A formal agreement between nonaffiliated financial companies
that together market financial products or services to you.
TMH FCU does not share with non affiliates so they can market to you.
Other important information
For helpful information about identity theft, visit the Federal Trade Commission’s
website at http://www.ftc.gov/idtheft.
PAGE 3
HOLIDAY CLOSINGS
The Credit Union will close on the following days, with The
24 Hour Money Centers, PEARL,Virtual Branch and Mobile
Money remaining available to serve members:
Independence Day – Wednesday, July 4, 2012
Labor Day – Saturday, September 1, 2012 and
Monday, September 3, 2012
We will reopen our Main Office and Northeast Branch the
next business day at 9:00am and our Hospital Branch the next
business day at 8:30am for regular business hours.
TMH FEDERAL CREDIT
UNION LEADERSHIP
IMPORTANT
ANNOUNCEMENTS
Report Card Rewards
You work hard for good grades in
school, so why not be rewarded for it?
First Mates Kid’s Club and CU Succeed
Teen Account members bring in a
current report card to TMH Federal
Credit Union and you can earn up to
$5.00 for good grades every 9 weeks!
2012 1st Quarter Shining Star
Congratulations to Timothy Cook for
being selected as the First Quarter Shining
Star for 2012! He is the VP of Finance
and has over 25 years of experience in
financial services. Tim goes above and
beyond to help members and his fellow
colleagues. His knowledge in accounting,
technology and credit union regulations is
invaluable. It’s easy for us to see why he
deserves to be the First Quarter
Shining Star. Congratulations Tim!
Electronic Titles Eliminate Risk
Electronically maintaining the title to
your vehicle eliminates the risk of losing
it and having to pay title fees to obtain
a duplicate. It is also an effective fraud
deterrent because potential thieves
will not have access to your title. For
assistance when selling or trading your
vehicle, visit www.tmhfcu.org under the
Loans tab and select DHSMV Electronic
Title Information or visit your local Tax
Collector.
Our Newest Colleague
Please join us in welcoming our newest colleague, Lee Ginter. Lee is currently a
full time student at Florida State University studying Marketing and Management
and will be filling the position of Marketing Assistant. We are excited about his
enthusiasm and look forward to working with him to spread the great news
of membership at the only credit union in Tallahassee dedicated to serving the
financial needs of our healthcare community.
National Credit Union Youth Week Winners
t
t M
rs
a
i
F K i d’ s C
l
b
s
u
e
The 2012 National Credit Union Youth Week was a success with many new
youth members! We would like to thank all of the young members who came out
to support our Youth Week events and who entered into our Youth Week drawings.
Brianna Campbell, our First Mates Kid’s Club winner, won a $75 Gift Card
to Toys “R” Us! Our CU Succeed Teen Account winner, Ashlyn Dewit, won an
iPod Nano! Congratulations to our two winners.
We would also like to congratulate the first place coloring contest winners.
During Youth Week the Main Office lobby was filled with color from our First Mates Kid’s
Club members only coloring contest. Thank you to all who participated. Congratulations
to our coloring contest winners.
Our First Place Winners:
Sarah Kinnon (4-6 Age Division)
Brianna Campbell (7-9 Age Division)
Markus Knight (10-12 Age Division)
Youth Week has come and gone but
the spirit of saving lives on every day at
YOUR Healthcare Credit Union! We are
CU Succeed Teen Account Winner
First Mates Kid's Club Winner
excited to have added sixteen new youth
Ashlyn Dewit
Brianna Campbell
members over the course of May “Youth
Month” and look forward to helping each of them build healthy financial futures.
PAGE 4
BOARD OF DIRECTORS
Christie Sloan, Chairperson
Berinice Mercer-Lewis, Vice Chairperson
Glenn Strickland, Recording Officer
Joe Conklin, Financial Officer
J. Lynne Peters, CPA, Director at Large
Al Parker, Director at Large
Paul Lucas, Director at Large
SUPERVISORY COMMITTEE
J. Lynne Peters, CPA, Chairperson
Doug Nordby, CPA, Committee Member
Kelby Tardi, CPA, Committee Member
Jamie Sheffield, Internal Auditor
SENIOR MANAGEMENT
Marion J. McCaskey, President
Anthony J. Geras, Senior Vice President
Grace H. Chambers, VP Member Services
Timothy L. Cook, VP Finance
Lyndell W. Maxwell, AVP Member Services
LOCATIONS/ HOURS
Main Office
345 S. Magnolia Drive
Tallahassee, FL 32301
Monday - Friday - 9:00am - 5:00pm
Northeast Branch Office
3515 Maclay Boulevard South
Tallahassee, FL 32312
Monday - Friday - 9:00am - 5:00pm
Saturday - 9:00am 1:00pm
Hospital Branch Office
1300 Miccosukee Rd.
Tallahassee, FL 32308
Monday - Friday - 8:30am - 4:00pm
TMH Paydays 7:30am - 4:30pm
Telephone Numbers
Main Office (850) 402-5301
Northeast Branch (850) 894-1011
TMH Branch (850) 431-5325
Fax (850) 402-5334
Web Address – www.tmhfcu.org
The 24 Hour Money Centers (ATM’s)
Located at the Hospital Branch
Nationwide Shared CU Service Centers
– check the ATM/Shared location link
@ www.tmhfcu.org for locations and
hours of a service center near you
Convenient Electronic
Services 24/7
P.E.A.R.L.- audio account access from
anywhere, 800.259.0762
On-Line – www.tmhfcu.org
• Current News and Events
• Loan Applications and Forms
• Protect Yourself –
Fraud and Identity Theft Tips
• Rates – Current Loan and Share Rates
Virtual Branch - home banking and bill pay
solutions
E-Statements – GO Green!
Mobile Money – cell phone account access
Facebook Page –
Keep in Touch with
YOUR Healthcare
Credit Union