2nd Quarter A Publication of the 2012 Matanuska Valley Federal Credit Union Upcoming Events Tuesday, May 8 Annual Meeting at Evangelo’s Saturday, May 19 Adventure Sale Held at Seward Meridian holiday closures Monday, May 28 Memorial Day* Wednesday, July 4 Independence Day * Our Retail Community Offices at Palmer Carrs and Knik Goose Bay will be open to serve you! MVFCU is hosting the 2nd annual Adventure Sale on Saturday, May 19th, from 10am - 4pm at our Seward Meridian office. Come by and get great deals on ATVs, jet skis, side by sides, dirt bikes and more! Wisdom from your General Manager › Page 2 Election Candidate Profiles › Page 3 Introducing Jodie, New Financial Advisor › Page 4 There will be a special set of rates for this event - these rates are good only for the day of the Adventure Sale and only for our Adventure Sale Vendors! Come out and get outfitted for your next adventure! Refreshments will be provided. We look forward to seeing you Saturday, May 19th! Scan this code using a QR Reader on your smartphone to be taken directly to our Adventure Sale page. Annual Membership Meeting The Annual Membership Meeting will be held on Tuesday, May 8, 2012 at Evangelo’s restaurant in Wasilla. Doors will open at 6:00 p.m. and the business meeting will start promptly at 7:00 p.m. There will be door prizes, light refreshments and a parting gift for each member in attendance. See you there! gm expressions Sound the Alarm To our youngest members, I wish I could tell you that my generation is leaving you a better future. Unfortunately, that does not seem to be the case. Today, our nation is borrowing huge amounts of money to cover budget deficits. This is a fancy way of saying we are spending more than what we are earning, borrowing money to be paid back by future generations. This is like a family using their credit cards to make their mortgage payment. This can go on for awhile, but there will surely be a day of reckoning! You’re probably wondering how things got in such a mess. There are no simple answers, but it seems that our financial situation began to deteriorate during my life time. When I was young our newly elected President John F. Kennedy challenged us to “ask not what your country can do for you — ask what you can do for your country.” Today, a new generation has come to expect increasing government ‘entitlements’ paid for by ever increasing deficits and debt. For many, the only good tax is a tax paid for by someone else. It is amazing to see how far our nation has drifted. I read the first two paragraphs of this article to my daughter and she warned me to be careful, I might upset someone, after all it is an election year! I think it is time to sound the alarm! As credit union manager, I’m expected to discern whether or not a member is capable of repaying a loan. If someone is headed for bankruptcy it is my job to give warning even at the risk of upsetting them. In my humble opinion, our national deficits are not sustainable and our debt and other unfunded liabilities may never be honored. So what do we do? The first step in solving any problem is defining the problem and then changing the things that are in our control. We start by getting our own house in order. I encourage each of you to think carefully and separate needs from wants, always living within your means. Create a habit of saving for the future and use credit wisely. As a general rule only borrow for provident and productive purposes. These are old words that aren’t used much today, but they were in the original Federal Credit Union Act. Because we live in a democracy, our government will follow our lead. We the people must decide what kind of future we want. Concluding his speech in 1961, President Kennedy ended with the following: “With a good conscience our only sure reward, with history the final judge of our deeds, let us go forth to lead the land we love, asking His blessing and His help, but knowing that here on earth God’s work must truly be our own.” - Al Strawn, General Manager/CEO page 2 2012 Election Procedure This year, eVoting will be the default method for all eligible MVFCU members, with paper ballots being available upon request. eVoting is more convenient, accurate and Earth friendly than paper, and will save the membership thousands of dollars in printing and mailing expenses. There are three (3) positions open for the MVFCU Board of Directors. Election results will be announced at the 2012 Annual Membership Meeting. There will be no nominations from the floor at the membership meeting. To vote: visit www.mvfcu.coop between April 3, 2012 and May 3, 2012. Login to MVFCUonline, using your online account information and click the eVote button above your account holder name. Then follow the easy directions to cast your ballot. The whole process takes just a few minutes! If you do not have Internet access, you may obtain a paper ballot by visiting any MVFCU Community Office or by calling 745-4891 or 694-4891 and requesting a paper ballot be mailed to you. Requests for mail ballots must be made by the close of business on April 17, 2012. All ballots must be received by the end of the day on May 3rd, 2012. Board of Directors Candidates Larry Wiget Eagle River Resident MVFCU member since 2011 Education: ED.D., Curriculum and Instruction and Educational Media, University of Northern Colorado. Employment: Owner, Baywind Strategic Communications. John Duffy (Incumbent) Wasilla Resident MVFCU member since 1990 Education: MS in Urban Planning and Policy, University of Illinois at Chicago. Employment: Retired. Christopher Gates Palmer Resident MVFCU member since 2011 Education: BS in Transportation Logistics, University of Tennessee. Employment: Owner/ Operator: Gates & Company, Lazy Mountain Stables and Among Friends ALH. Joseph Hawkins Smartphone Users! David Combs Palmer Resident MVFCU member since 1982 Education: BA, Business Administration & Management, George Fox University Employment: Accountant, Combs Insurance Agency. Scan this code with a QR Reader to visit the Annual Election page at mvfcu.coop. Photo courtesy Nessa Voigt Wasilla Resident MVFCU member since 2001 Education: Doctorate of Chiropractic - Parker College of Chiropractic. Employment: Owner of Bionic Chiropractic and Smart Energy Works. page 3 we now have four FREE mta hotspots! @ Palmer, Seward Meridian, Wasilla and Eagle River CONTACT MVFCU on the web: www.mvfcu.coop Introducing Jodie Smith, Matanuska Valley Financial Services Financial Advisor Your credit union proudly welcomes Jodie Smith as the new full-time Matanuska Valley Financial Services (MVFS) Advisor located at Matanuska Valley Federal Credit Union. Jodie joins the MVFS team that has been serving the retirement, investment and insurance needs of MVFCU members and their families since 1993. Main Switchboard & Contact Center: 745-4891 • 694-4891 Easy Access: 746-3279 • 694-7702 24/7 consumer loan by phone: 1-800-976-5198 Real Estate & Commercial Lending: 745-9165 694-4891 ext. 165 Lost or stolen visa check card: (after Business hours) 1-800-682-6075 MVFCU Fax Numbers: Main Admin: 745-9131 Palmer: 745-9115 Wasilla: 373-6877 Seward Meridian: 761-4610 Eagle River: 694-7701 Meadow Lakes: 357-3965 Big Lake: 892-4892 Willow: 495-6272 Sunshine: 733-4892 Palmer Carrs: 745-8124 Knik-Goose Bay: 357-8104 CONTACT MVFS Jodie was born and raised here in the Valley, and is a graduate from Colony High School. She and her husband Andy now reside in Wasilla with their two children, ages 9 & 7. She brings over 11 years of experience in the financial industry and has been with Matanuska Valley Federal Credit since January of 2011. Jodie is very passionate about wanting to help the members of the community achieve their financial goals. She states “I am here to help our members, whatever their age, create a sound financial strategy for the lifestyle they want to live in retirement.” Whether you’re just beginning a family, paying for a child’s education or nearing retirement, MVFS is here to help you with your unique financial needs. You may have just one financial issue you want to tackle, or you may realize it’s time to put together a comprehensive financial plan. Whatever your financial goals may be, Jodie is here to help you achieve them. To meet with Jodie at no cost or obligation, call 907-745-9182 or 907-694-7722. Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC , a registered broker/ dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free 800-3692862. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members. FR031207-8347 745-9182 • 694-7722 Scan this code using a QR Reader on your smartphone to learn more about our Land and Cabin Loans. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
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