www.priorityonecu.org
brings you...
My Place
TEEN QUA RT E R LY N EW S L E T T E R
to a branch near you…
s p r i n g 2009
I SCREAM...
YOU SCREAM...
We all
SCREAM for
Priority One Credit Union
announces the new
Teen Visa Check Card!
Look for this exciting new
product, coming late spring, 2009.
Watch for details
in coming newsletters.
DID YOU KNOW?
Q: Do you know how many U. S.
Presidents have served this nation
for 2 full terms? Can you name
them?
A: 14 Presidents have served
2 full terms:
George Washington, Thomas
Jefferson, James Madison,
James Monroe, Andrew
Jackson, Ulysses S. Grant, Grover
Cleveland, Woodrow Wilson,
Franklin D. Roosevelt (served 3
full terms and died early in his
4th term), Harry Truman
(completed Franklin D.
Roosevelt’s 4th term
and elected to 1 term
of his own), Dwight
Eisenhower, Ronald
Regan, Bill Clinton,
George W. Bush
(continued on back)
Celebrate National
Credit Union Youth Week!
If you are a youth under the age of eighteen (18),
we will let you make your own ice cream sundae...
You don’t even have to pout!
If you are a Youth Account holder or you come in
to open a Youth Account (all you need is $1.00 and
a parent or guardian to open an account) between
April 20th and April 24th, we will have free ice
cream PLUS all the toppings. (Some branches may
substitute ice cream with cupcakes). Check your
branch for times of serving.
My Place page 1
Ins and outs of a Debit Card
A Debit Card and Credit Card may look like identical twins but these plastic
look-alikes function in several different ways. Purchases on Debit Cards
are processed by either entering a personal identification number (PIN) or
signing a receipt – Credit Cards don’t use PIN’s for purchases. Also, Debit
Cards are issued by your financial institution and linked directly to your
checking account. This is why it is important to know and understand the Ins
and Outs of a Debit Card.
Track your spending with a Debit Card –
n Using
a Debit Card is like writing a check but
paperless. You can go online to check your
account statement or keep track of your
purchases using a checkbook register.
n Your
“available credit” or amount
you can spend depends on the
available balance in your checking
account. Debit Cards do not have credit
limits.
n When
you make a purchase with your Debit
Card and enter your PIN, the transaction
amount is immediately deducted from your checking account.
n When
you make a purchase with your Debit Card and sign a receipt
(signature purchase) the transaction amount is held from your available
balance but is not immediately deducted from your checking account
until the merchant submits the debit. (Usually within 2-5 business days,
depending on the individual merchants.)
Purchases are fast and easy –
n No
more writing checks. Just select Debit at the terminal and enter
your PIN or select Credit and sign for your purchases.
n You
can use your Debit Card where you use your Credit Card, withdraw
cash from ATM’s and get cash back at some stores.
DID YOU KNOW? (cont.)
Q: How many of these 14 Presidents have
served non-consecutive terms?
A: 1; only Grover Cleveland served two
single terms with Benjamin Harrison’s 4
year Presidency in between.
Q: Do you know how many U. S. Presidents
have died in office?
A: 8 Presidents have died while serving in
office, they are: William H. Harrison,
Zachary Taylor, Warren G. Harding,
Franklin D. Roosevelt – Abraham Lincoln,
James Garfield, William McKinley and
John F. Kennedy were assassinated.
Q: How many U. S. Presidents have resigned
while in office?
A: Only 1, Richard M. Nixon.
Q: How many electoral votes are needed to
be elected President?
A: 270
Q: How many Presidents served in the
military prior to being elected?
A: 30; 24 are confirmed veterans and 6 were
in the military but saw no action.
Q: How may U. S. Presidents have not
resided in the White House?
A: Only 1, George Washington.
Q: Where did he reside during his
Presidency?
A: New York City and Philadelphia.
n You
can do a Cash Advance from your Debit Card without the fees and
interest rates that traditional Credit Cards charge.
A word of caution, Credit Cards can lead you into debt, but a Debit Card can
help you keep track of your purchases and avoid that obstacle. To find out
more about using a Debit Card, contact your financial institution.
Effective June 1...
MAIN OFFICE
1631 Huntington Drive
South Pasadena, CA 91030
626.441.1999
323.682.1999
800.207.8620
Business hours for all 3 of these Branches will be
9:00am – 5:00pm, Monday thru Friday.
www.priorityonecu.org
We will have new hours for Valencia, Burbank and Van Nuys Branches.
page 2 My Place
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