NEWS FROM TAYLORVILLE COMMUNITY CREDIT UNION
TERRI MEYER
IS NEW CONTROLLER
All TCCU offices will be closed
in observance of the upcoming holidays:
Monday, October 12
Columbus Day
Wednesday, November 11
Veteran’s Day
Thursday, November 26
Thanksgiving Day
Friday, December 25
Christmas Day
Friday, January 1
New Year’s Day
“I’m excited about the opportunity afforded me at TCCU,” Terri admits. “I love
the ‘people helping people’ philosophy. We are truly for the community and
our member / owners. My job is so rewarding.”
FALL 2015
Meyer and her family recently relocated from Quincy to Taylorville.
Not yet signed up for these services?
Do it today… it’s fast, easy and
so convenient! Call 217-824-9658,
or stop in any of our locations.
COMING SOON…
MOBILE APP!
Instead of ‘keeping up with the
Joneses,’ TCCU is keeping up with the techies
(and everyone else who wants to save time!).
To ensure that our services meet / exceed our
members’ expectations, we’ll soon be adding a
Mobile App to our e-banking capabilities.
Me information will be available soon.
As with most issues, there are differing views on how best to pay down – or
pay off – debt. The mathematician in all of us says ‘pay down the debts with
the highest interest rate first.’ Then there is the little voice that says ‘pay off the
smallest debt first, then go to the second smallest,’ and so on.
Regardless of which method you prefer, they both work. It’s a matter of
personal choice.
Here’s an overview of how each works:
◗ Sort your credit cards / debts by INTEREST RATES, highest to lowest
• Attack the card / debt with the highest interest rate first. Pay as much
MORE than the minimum as you can afford.
• Make sure you make AT LEAST the minimum payments on other
cards / debts – and on time -- so you don’t get hit with late fees or other
penalties.
• By consistently making larger payments on the higher interest debt, you
will in the end pay less total interest charges over the life of that debt.
• Once you have eliminated the highest rate debt, do the same with the
second-highest, and so on.
◗ Sort your credit cards / debts by BALANCES, from the
lowest to highest
• Address the smallest balance first. Pay as much MORE than
the minimum as you can comfortably each month.
• Make AT LEAST the minimum payment on all other debt
payments.
• Once the smallest debt balance is paid off, ADD the amount
you were paying on the first balance to the payments made on
the next smallest balance. This is called ‘snowballing.’
• Now you have increased the size of payments on
the second balance, increasing the speed with
which this debt will be paid off.
• Continue the process until debts
are paid.
Again – both methods are proven to
work. You can decide which works
best for you.
TAYLORVILLE
HILLSBORO
LITCHFIELD
422 W. MAIN CROSS ST.
217-824-9658
138 E. WOOD
217-532-5300
801 W. UNION
217-324-7496
www.taylorvillecommunitycreditunion.com
New TCCU – Litchfield Opening Soon 3
Someone You Should Know 3
TCCU Goes International (for a day) 3
Holiday Closures 4
Coming Soon… Mobile App! 4
Terri Meyer is New Controller 4
Tips to Pay Down / Off Debts 4
TIPS TO PAY DOWN / OFF DEBTS
TCCU Times is a publication of Taylorville Community Credit Union.
422 W. Main Cross Street., Taylorville, IL 62568. 217-824-9658
NCUA accounts federally insured to $250,000.
NCUA is an agency of the U.S. government.
Fall is here and soon the leaves will start
changing. At TCCU, we are also enjoying a lot
of changes. In the next few weeks, our new
branch in Litchfield, located at 801 W. Union,
will be open. This facility will feature a drivethru, ATM, night deposit, and plenty of parking.
This facility is also a lot larger than our previous
one. TCCU has experienced extensive growth,
and we strive to offer our members the products
and services that they deserve.
LETTER FROM THE PRESIDENT
Remember – even when TCCU locations
are closed, you still have 24 / 7 access to your
account(s), using our convenient e-banking services,
including: TCCU Visa Card, ATM or Debit Card, or
visit www.taylorvillecommunitycreditunion.com.
More Participating in Scholarship Program 2
Whatever Your Need, We’ve Got Personal Funds! 2
“In the couple of months she has been with us, Terri already
has proven to be a valuable asset to our day-to-day operations, as well as in
managing the numerous monthly reports required of the credit union,” says
TCCU President, Will Perkins.
Don’t forget to mark your calendars for Thursday,
October 15; we are OPEN in celebration of
International Credit Union Day. Stop in any of our
locations to celebrate with us.
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We recently welcomed Terri Meyer as TCCU’s new
Controller. She is responsible for filing all regulatory reports,
reconciling the credit union’s accounts, and ensuring that
TCCU stays in compliance with all regulations.
INSIDE THIS ISSUE
Holiday Closures
Along with the new branch facility, we are also getting
ready to roll out our new mobile app. We are in the testing
phase right now, and plan to make this available to the
membership soon. In addition to the mobile app, TCCU will
be offering certificates of deposit by year end. You have been
asking for CDs, and we have listened. These are just two of
the new products that we are working on.
Mark your calendars for Thursday, October 15th. This is
International Credit Union Day, and we will be celebrating
at all of our facilities. Please stop by for complimentary
refreshments and enter your name in our prize drawings. We
will also have several giveaways, so make sure you stop by!
The credit union philosophy is “people helping people.”
That is what is so great about credit unions. We do not
have stockholders like other financial institutions. We are
owned by you, our members. Credit unions are not-forprofit and exist solely for the benefit of our members. Our
“people helping people” philosophy allows us to give back
to our membership and our local communities. At TCCU,
we offer very low loan rates, pay dividends on our checking
accounts, and donate to numerous organizations in our local
communities.
Thank you to all the members, employees, and directors that
make TCCU such a great place.
Yours Truly,
81 AND COUNTING!
BauerFinancial, Inc., the nation’s leading
independent bank and credit union rating and
research firm, recently announced that TCCU
again has been recognized as one of the
nation’s superior credit unions. This extends
our ‘winning streak’ to 81 consecutive
quarters!
According to Karen L. Dorway, president of
BauerFinancial, Inc., “These past eight years
have been difficult ones for financial
institutions. But Taylorville Community Credit
Union has not only survived, it has thrived.
“Being able to maintain the highest level of
financial performance, even in the most
difficult of environments, TCCU was able to
keep its focus on its members while others
were trying to stay afloat.”
This recognition means
that TCCU excels in areas
of capital, loan quality,
profitability and more.
Once again, we thank
our members for your
continued loyalty and
support.
TCCU MEMBERSHIP
IS GOOD FOR LIFE
Don’t forget … your TCCU membership is good
for life. So whether you move, change jobs,
retire or whatever, TCCU goes with you. And
our e-banking capabilities make it easy to
maintain your accounts.
Will Perkins
President
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MORE LOCAL BUSINESSES PARTICIPATING
IN 2015-16 SCHOLARSHIP PROGRAM
JUST WHAT THE DOCTOR ORDERED
Student Registration Open Until October 23
Again this year, TCCU will offer six (6) $500 scholarships to graduating seniors from Taylorville, Litchfield, and
Hillsboro High Schools who plan to continue their education at a trade school, community college or 4-year
university. The winners will be determined by votes cast by shoppers. For every $10 spent in a locally-owned,
participating business, shoppers can cast one (1) vote for their preferred student.
There is a cap on the maximum number of votes in a given visit / purchase (100 votes / $1,000 purchase), but
there is NO LIMIT to how many times you can shop / vote, and NO LIMIT to the number of stores you can
patronize. In fact, we encourage you to patronize them all!
Student registration for this year’s TCCU Scholarship Program closes on Friday, October 23. If you have a
senior student – or know someone who does – tell them to get registered before it’s too late! Posters with all students’
names and photos will again be displayed in all participating businesses. Here is the list of all of the businesses
where you can shop / vote. Voting runs from Saturday, November 14 through February 29, 2016.
Taylorville
A Classic Bouquet
Amenities on Main
Anderson Jewelers
Angelo’s
Audrey’s Boutique & Luxuries
Bella Amore
Betty Rose’s Furniture
Contemporary Cuts
Cottage Rose
Dana’s Book Exchange
Dear Yesteryear – Welcome Home
Duke’s Office Supply
Florinda’s Pizza
Hair Studio
JMA Pawn Jewelry & Loan
Karma
Little Luxuries
Los Rancheros
Mathon’s Awning &
Upholstery
Rene’s Drug Store
RJ’s Treasures
The Wooden Flower
Wendy’s
Litchfield
Hillsboro
Briar Rose
Creative Flair
Gianni’s Pizza
Gliks
K-9 and Cat Salon
Lindsay’s RC Hobbies
Petal Pushers
Shear Attitude
Sullivan’s Drugs
Sweet Repeats
WAM Computers
Wernsing’s Appliance
Books & Moore
BosscoTech
Chambers Floor Coverings
Gianni’s Pizza
(The) Hair Gallery
(The) Hair Zone
John’s Medical Pharmacy
Resale Station
Salvation Army Thrift Store
Sullivan’s Drugs
Tan Lines Hair Designs
Tee-Shirts, Ink
Threads
Top Tier Cakes
Whatever Your Need,
We’ve Got Personal Funds!
Wedding?
We say
‘we do.’
Emergency
Medical
Expenses?
We’re what the
doctor ordered.
Dream
Vacation?
Make it a reality.
College
Expenses?
Easy as A-B-C.
And whatever
else you may
think of!
Don’t be tricked by other offers – they don’t hold a candle to a TCCU Personal Loan. We help
treat your family to Life’s little pleasures – any time of the year, for any valuable purpose.
Come talk with us TODAY!
*Regular credit rules apply. Specific loan amount, interest rate and repayment period will vary based on individual
members’ credit rating and worthiness. Not all members will qualify.
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After months of re-modeling construction, TCCU – Litchfield is nearly ready to open the doors to its new
location, in the former Medicine Shoppe building at 801 W. Union. For TCCU, the larger, more accessible
and more visible facility is a prescription for success in serving the growing Litchfield-area membership.
“We all are looking forward to being in the new offices,” says Branch Manager, Josh Maddaleno. “It
seems like a long time coming, but seeing the new facilities taking shape, and hearing the excited
comments from members, has made the wait worthwhile.
“We obviously will need some time to get familiar with our new surroundings, but everything has
pretty much fallen into place like we expected and planned for. We’re almost ready to welcome all of
the community.”
According to Will Perkins, TCCU President, the new office represents a strategic move by the organization. “When we decided a couple of years ago that a new, larger facility was necessary in Litchfield, the
Board set out to find a location – and a building – that could be customized to our specific needs.
“Those needs included visibility, easy access, drive-up capabilities, room for growth and expansion and,
of course, it had to be in Litchfield. Fortunately, all of those needs are met with this new office. We hope
our members and the Litchfield community are as excited about this move as we are.”
The facility is just less than 2400 square feet, and offers a drive-thru lane, ATM and night deposit. It also
provides additional space for member service, and certainly greater visibility and accessibility.
An Open House will be scheduled for a later date – watch for the announcement, and bring a friend.
Share the benefits of TCCU membership!
SOMEONE YOU
SHOULD
KNOW
In our continuing series to
introduce you to TCCU staff, this
issue of TCCU Times shines the
spotlight on Rosalene (Rosie)
Tewell of our Taylorville office.
Regardless of the time of year, TCCU has a range of Personal Loans carved to meet your specific needs.*
Holiday
Shopping or
Travel?
A TCCU loan is
just the ticket.
TCCU – LITCHFIELD: BIGGER, BETTER AND
OPENING SOON FOR BUSINESS!
Rosalene Tewell
A very familiar face in the
Taylorville office is that of Rosalene (Rosie) Tewell, who has
been with us since 1976, when she started as a part-time teller.
Through the years, she’s been valuable in multiple roles,
including providing day-to-day member service, working in
bookkeeping, and in the loan department. For 10 years, Rosie
was our Teller Supervisor, and for 13 years, she served as the
Visa Coordinator.
With all of that experience and knowledge, she has proven
invaluable to us – and continues to be, even though
she’s once again back to working part-time. And with her
experience across so many facets of TCCU operations, she is
quick to fill in when other staff from other departments are off.
“I really enjoy working at the credit union,” Rosie says. “It’s
the people – both our staff and our wonderful members. This
is a great place to work. And we have the benefit of knowing
– and sometimes seeing – that what we do actually helps
people and make their life a little better. That’s a good feeling.”
TCCU GOES
INTERNATIONAL
(FOR A DAY)
In honor of International Credit Union Day, TCCU will ‘go
international’ on Thursday, October 15. Stop by any of our
three offices to enjoy coffee and bakery treats. Credit unions
around the world will mark the day and celebrate our
differences from other financial institutions, including:
• Credit unions are not-for-profit. We ARE for people.
• Credit unions are member-owned. We do NOT pay our
Board Directors, and do not have stockholders.
• Credit unions pay back their ‘profits’ to their
members, in the form of lower interest rates on loans
and higher dividends paid on savings.
• Credit union MEMBERS elect the Board of Directors,
all of whom are volunteers.
• Credit unions do not make risky investments in foreign
countries. We keep the money local, in our
communities.
Come help us celebrate everything that makes us different
(better) than our competition. And bring a friend, co-worker
or family member.
Share the benefits of TCCU membership!
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