SUMMER EDITION
WE ARE HERE FOR YOU!!
www.nbeecu.org
SHARED BRANCHING IS HERE!!!
Our Branch Network Has Grown-to over 4,800
Did you know that you can access your Newark Board of Education Employees Credit Union account at more than 4,800 branch
locations around the nation?
We know how important it is for you to be able to take care of your financial business when you are on the go, even if one of our
own branches aren’t nearby. That’s why Newark Board of Education Employees Credit Union is part of “shared branching” through our partnership with other credit unions, you can conduct transactions in participant’s branches just as if you were in a
Newark Board of Education Employees Credit Union branch.
A variety of services are available:
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Make a cash withdrawal for that extra souvenir when you’re on vacation
Deposit a check when you are shopping across town
Make a loan payment in a branch closer to the office
Transfer money between accounts so you can make a special purchase
And many more
All participating credit unions display the Credit Union Service Centers logo. You can find a nearby branch several ways:
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Call 800-919-2872
Visit www.cuservicecenters.com to search or download locations to your GPS device
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Ask a teller
Look for the CU Service Centers logo
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Go to the Newark Board of Education Employees Credit Union website (www.nbeecu.org) and click on the swirl
When you visit a Credit Union Service Center, just make sure you bring your account number, your credit union’s name and photo
identification.
THERE IS NO CHARGE FOR YOU TO USE THIS SERVICE !!!
What is Shared Branching?
Shared branching offers convenience and expanded service to Newark Board of Education Employees Credit
Union members. The concept is simple – members can access their accounts and take advantage of nearly all
traditional branch services at over 4,800 participating locations nationwide. In order to perform transactions at
a shared branching location, a member will need their credit union account number and photo identification.
Shared branching is ideal for members who travel on business or pleasure, have children away at college, or
relocate out of state – for any situation, it is easy and convenient.
When looking for a shared branching location, look for the CU Swirl Logo.
DID YOU KNOW THAT YOUR SAVINGS AT THE CREDIT UNION ARE FEDERALLY INSURED TO $250,000?
Message From The Chair
Dear Members,
You have probably recognized the changes made
at your credit union. As we prepare for the summer break, we have put in place a host of products
and services to make your vacation the best yet.
You told us you wanted convenience. Well, we
have implemented a system that is convenient.
Shared Branching now allows you to conduct your
NBEECU business at more than 4800 locations.
You can experience the convenience of your credit
union all over these great United States. You are
at NBEECU wherever you see the Shared Branching swirl.
We have expanded our loan policy to allow for the
unexpected circumstances that come along with
the summer vacation. Our credit limits have been
increased and the payback period has been expanded to allow you to manage your finances more
efficiently. Just contact your credit union and we
can help you manage a fun and memorable summer vacation.
Our mortgage program is equal to any mortgage
program on the market and it is usually less expensive. We have a full menu of mortgage products to help you manage the ever changing real
estate market.
We have expanded our Home Equity program so
that you can choose the term that better fits your
budget.
The fall of 2012 will be the introductory period for
our MasterCard Credit Card. This credit card will
be integrated with our MasterCard Check Card to
expand our rewards program.
Home Banking is Here!!
Welcome to home banking services through the Internet. We are
pleased to offer you a convenient way to pay bills, request a check,
transfer funds, and check balances.
Sign up is easy. Just go to the WWW.NBEECU.ORG web-site and
follow the easy instructions.
BILL PAYER is at NBEECU and it’s
FREE!!!
Auto Loans Rates as low as 2.99%*
What goes better with summer than a new or new used car?
You can get that
new convertible or flashy sports car
through your credit union. We can make the purchase of
your dream car hassle free! Newark Board of Education Employees Credit Union auto loans feature great low rates, no
fees and no pre-payment penalties. Come in or contact one
of our Auto Advisors and start the first day of summer today. *rates based on individual credit worthiness
Retirement has its advantages!
Contact the credit union about the privileges of maturity. See how
far you can stretch your retirement dollars by joining the…
Have A Great Summer!
Our new web-site supports our new home banking
system and Bill Payer. Take some time at home
and look at the new NBEECU. Make sure you keep
looking for all of the other improvements scheduled for 2012.
You should also take a look at our savings products. We continue to be the best investment in the
region. We understand that our members need as
much income as possible to survive these times
and we will do our part in helping make this possible. We are indeed “here for you.”
We hope that you enjoy the summer vacation period and if there is some unexpected event , remember NBEECU. We are here for you. Have a
great summer.
Sincerely,
Mary Hogue
Have You Taken
Advantage of the Debit MasterCard
Program??
Did you start earning rewards during the Holiday
Season? Did you use your new debit MasterCard at
thousands of retail locations worldwide and earn
rewards! If Not, be sure to activate your
uchoose rewards
program.
Go to
www.uchooserewards.com to register your
card and start earning points for all of your
purchases at the retailers you choose.
DID YOU KNOW THAT YOUR SAVINGS AT THE CREDIT UNION ARE FEDERALLY INSURED TO $250,000?
Newark Board of Education Employees Credit Union
Awards Four Scholarships
To
2012 Graduates
Mrs. Helena D. Lowther, Chair presided over
the NBEECU Scholarship Awards Dinner.
At a gala event at Mayfair Farms in West Orange, New Jersey, Newark Board of Education
Employees Credit Union honored four of the brightest students from the class of 2012.
Scholarship awards were given to four highest scoring applicants that applied. The applicants
were required to be children of Newark Board of Education Employees Credit Union members.
The awards were presented based on a student’s academic, artistic, athletic or other abilities,
and factored in an applicant's extracurricular activities and community service record. All of
our recipients understand the value of being a credit union member and its financial impact on the family.
Brianna Bradley grew up in Maplewood and graduated from Columbia High School. Here she was a peer counselor at the high
school. Brianna was able to manage her time between academics, various community service projects as well as taking Jazz and
ballet dance classes. She was also active in sports. Brianna plans to attend Hampton University in Hampton, Virginia where she
will major in Elementary Education. She plans to utilize her education in an urban school district.
Donneisha Harper graduated from Franklin High School in Somerset, NJ. It was at Franklin High School where she displayed leadership skills to help other students shy away from the dangers of smoking. Donneisha has also shown special talents in dancing,
singing and softball. Donneisha plans to attend Morgan State University in Baltimore, Maryland where she will major in nursing.
Jarid Thomas will be enrolling in Saint John’s University to study International Business , Global Studies with a minor in Sports Management. Jarid believes he will help “transform the world.” Jarid intends to “set an example for male youth, particularly African
Americans and minorities. “ Jarid is a recent graduate of St. Peter’s Prep in Jersey City, NJ. He resides in Hillside, NJ with his family.
Darius O. Thurman graduated from Science Park High School here in Newark. He has been active in the many community activities
necessary for one to give back to their community. Darius will attend Seton Hall University in the fall where he will major in Business Administration. Once he graduates from Seton Hall University, Darius plans to return to Newark to give back to his community. He has many interests other than academics. He has always enjoyed golf, bowling, chess, football and basketball.
2012 witnessed a group of students that not only excelled academically, but have a mature perspective in giving back to their communities. We know that all will do well in whatever careers they choose and the community will do better as they match their
skills to the needs of the neighborhood. Good luck graduates.
Brianna Bradley is all smiles as she
heads off to Hampton University.
Elementary Education is her major.
Donneisha Harper is prepared for
the challenges of college life at
Morgan State University.
St John’s University will never be
the same as Jarid Thomas sets out
to change the world.
Seton Hall University is the school
of choice for Darius Thurman. He
plans to use his skills in Newark.
Fee Schedule
Office Closings
Effective July 01, 2012
Wednesday, July 04, 2012
Independence Day
Telephone Transactions
2.00
Loan Application
5.00
(Home Equity Not Included)
Administrative Fee
10.00
(To close an account open
less than 6 months)
Returned Mail Fee
Monday, September 03, 2012
Labor Day
Monday October 08, 2012
Columbus Day
25.00
Mary Hogue
Helena Lowther
Charles Cooper
James Davis
Sameerah Muhammad
Perry Jackson
Shirley Watson
Chair
1st Vice-Chair
2nd Vice Chair
Secretary
Treasurer
Director
Director
2.50
BRANCH LOCATIONS
Returned Check Fee
20.00
ACH/ATM Overdraft Fee
20.00
Third Party Return Check
20.00
Stop Payment On Check
20.00
Wire Transfer Fee
25.00
973-375-9182
Express Delivery Fee
10.00
Walk In Hours: Mon-Friday, 9:30am to 4:30pm
Saturday,
9:00am to12:00pm
(Plus Express Company fees;
Cedar Street Branch:
2 Cedar Street, Newark, NJ 07102
Norman Road Branch:
195 Norman Road, Newark, NJ 07106
973-374-5362 (fax)
973-375-9182
Summer Hours
Walk In Hours: Tuesdays, 9:30am to 1:00pm
weekend delivery extra)
Statement Copies (per page)
2.00
after 15th of month
Check Copy
7.50
Account Reconciliation (per hr) 25.00
Dormant Account
10.00
( Monthly Service Charge after 6 months)
Fax Fee (per page)
2.00
Transfer Fee
2.00
Money Orders (per item)
1.00
ATM Card Replacement
10.00
ATM Transaction (first 8 free)
Liens & Levies
1.00
25.00
Verification Letter
Replacement Pin Fee
5.00
Looking For That Dream House??
Now’s a great time to buy or refinance your
current mortgage! With a My CU Home
Loan Mortgage your home loan worries will
be behind you. Your Credit Union has low
rates, low costs and superior service.
Call our Mortgage Department Today at:
866-432-5427
Use BEE-LINE for account balances 24/7.
866-803-6435
10.00
Rewrite Loan (Borrowers error) 25.00
Cancel written Loan
25.00
Early withdrawal (Holiday/Vac) 10.00
Domestic Outgoing Wire
25.00
International Outgoing Wire
25.00
Credit Report
5.00
Be sure to activate your uchoose
rewards
program.
Go to
www.uchooserewards.com to register your card and start earning
points for all of your purchases at
the retailers you choose.
(Additional fees if co-applicant or co-borrower
added.)
DID YOU KNOW THAT YOUR SAVINGS AT THE CREDIT UNION ARE FEDERALLY INSURED TO $250,000?