Financial
Track
Your Express Ticket To Financial Success
SUMMER 2012
Get Away
From It All!
Especially Those
High Credit
Card Rates!
Community Expansion
pp
Approved!
MORE OF YOUR FRIENDS CAN NOW JOIN MASS BAY!
MASS BAY
VACATION LOAN
6.99%
APR*
• BORROW UP TO $7,500
• TAKE UP TO 18
MONTHS TO REPAY
Get away from the hustle and bustle
and LEAVE YOUR CREDIT CARDS
HOME! With our low rate and defined
18-month term, you’ll be able to truly
enjoy your vacation, knowing you’ll have
a manageable monthly payment that
will be paid off quickly – so you can get
away again!
Applying is fast and easy, too. Get yours
today online at massbaycu.org or in
person at any branch.
*Annual Percentage Rate. Qualification restrictions
apply. 6.99% APR is based on an 18-month term.
Monthly payment required for stated rate and term
is $58.85 per $1,000 borrowed. Rates are subject to
change without notice. Other terms and conditions
apply.
After much work, we are proud to announce
the approval of our field-of-membership
expansion! Now your friends and colleagues
who live, work or worship in Suffolk and
Norfolk Counties, Abington, Everett,
Hanover, Hingham, Lynn, Malden,
Marshfield, Medford, Melrose, Norwell,
Peabody, Rockland, Saugus, Scituate,
Somerville, Stoneham, and Whitman can
bank at Mass Bay.
GOOD FOR NEW MEMBERS...
GOOD FOR ALL MEMBERS!
Now more of our
friends and
neighbors can join
the credit union
and take advantage
of our better rates
and lower fees. This
in turn will help us
grow our base so that we may achieve
economies of scale and continue to bring to
our members the advantageous rates,
up-to-date services and lower fees that we’ve
all come to expect from Mass Bay. For new
and old members alike, it’s a win – win
proposition!
TELL YOUR FRIENDS AND
NEIGHBORS!
When they join we all benefit, so why not tell
them all about Mass Bay? Because you know
how well Mass Bay works for you, you are our
best ambassadors! You can tell them about
our great services and value – and in today’s
world of excess fees and interest rate
upcharges, they’ll really appreciate the tip!
So start spreading the good news – today!
1.
★
FINANCIAL TRACK
★ SUMMER 2012
★
M A S S B AY C R E D I T U N I O N
★
Get A Smart Option
Student Loan® from
Mass Bay,
And Pay For
Education –
The Smart Way!
If you’re looking for an affordable way to bridge that
gap between federal loans and the actual cost of your
education expenses, we’ve got the solution for you!
With the Smart Option Student Loan® from Mass Bay
and Sallie Mae, you’ll get a great loan at a competitive interest rate that
allows you to borrow up to 100% of school certified education costs.
There are multiple in-school repayment options available and other
great borrower benefits like:
• Rewards and interest rate reductions
• 24/7 online account management
• No prepayment penalties
AND MORE!
Now You Can
Deposit Checks –
From Home!
INTRODUCING DEPOSZIP® AT
MASS BAY
2.
Need to deposit a check to
your Mass Bay Account?
Now you can do it without
coming into a branch.
All you need is a scanner
and access to Mass Bay
online banking. Then you
simply log on, select remote
deposit from the accounts
menu tab and follow the
instructions. It’s that easy!
And coming soon – you’ll
be able to deposit checks
from your smartphone, too!
To apply,
just go to
massbaycu.org,
or stop by any
branch.
Need A Branch?
Get The App And
Find4. One Fast!
iPHONE AND ANDROID APPS NOW
HELP YOU LOCATE A
SHARED BRANCHING PARTNER
With Mass Bay shared branching, your credit union is always
nearby! Because we are part of the CUSC Network (Credit Union
Service Centers), you are able to make deposits, withdrawals and
loan transactions at over 4,300 credit union branch locations
nationwide!
Now find your nearest location with your iPhone or Android device
by scanning one of these codes and downloading the CUSC shared
branching app!
Learn more at massbaycu.org.
For more details and
requirements, just visit our
website at massbaycu.org.
2.
Traveling
This Summer?
STAY ON BUDGET
WITH A PREPAID
VISA TRAVELMONEY® CARD!
Cash is risky and inconvenient to travel with. It takes
up a lot of room in your wallet and offers you no
protection from theft or fraud. Credit cards are
convenient, but they often tempt you to spend more
than you can realistically afford, and interest rates can
cost you a bundle!
THE SOLUTION:
A Pre-Paid VISA® TravelMoney® Card from Mass
Bay! Convenient to use, this card is a great alternative
to traveling with cash or
paying with credit cards
because you get all the
protections and benefits
of VISA® -- interest free!
And because it is pre-paid,
it really helps you stick to
your budget – so you can
afford to go on vacation
again!
Stop by any Mass Bay
branch today to get yours
for amounts up to $5,000.
Mass Bay Is Partnering With More Than Wheels
To Help Hardworking Families Overcome Their
Debt And Turn Their Lives Around.
We are proud to announce our participation in this program
designed to help people own reliable, affordable cars so they can
get out of debt and reclaim their financial future. In today’s
world, a car is a necessity. Its how you get to work and the
grocery store; it’s how you get your kids to the doctor. More
Than Wheels gives people a better way to buy a car, providing a
proven and effective set of tools that helps them get back on the
road to financial freedom. It’s a program that demands hard work
and diligent financial planning, but the results can be life-changing for those willing to see it through.
As a Mass Bay member, you benefit in two ways: first, knowing
your Credit Union is lending a hand to help those in our
community get back to being productive citizens; and second,
you can apply for this program yourself, if you feel you are in such
a situation. For more information, go to morethanwheels.org or
call 866-455-2522.
3.
FINANCIAL TRACK
M A S S B AY C R E D I T U N I O N
P RO D U C T S A N D S E RV I C E S
BOARD OF DIRECTORS
James A. Bain,
President & Chairman of the Board
Joseph N. Mosca, First Vice Chairperson
Jeremiah P. Ahern, Second Vice Chairperson
Brian P. Dwyer, Treasurer
Kimberly A. Kennedy, Assistant Treasurer
Michael E. Keeley
Dorston R. Bartlett
Michael T. Buggy, Clerk
Carrie M. Dubose
John F. Fitzgerald
James G. Flaherty
Charles Gallagher
John P. Kineavy
S AV I N G S
Savings Accounts
Club Accounts
Individual Retirement
Accounts – IRAs
Certificates
CHECKING
Debit Cards
T-Teller Phone Service
Online Banking
Bill Pay
Overdraft Protection
Overdraft Privilege
LOA N S
Auto Loans
Mortgage Loans
Home Equity
Loans
Personal Loans
Secured Loans
Holiday Loans
Vacation Loans
Tuition Loans
Gregory D. York
MANAGEMENT TEAM
John N. Thomas
Chief Executive Officer
Julie DeLong
Chief Financial Officer
Mary E. Carrozza
Operations Manager
Maryanne Doyle
Human Resources Manager
Ruth A. Epps
Branch Coordinator
Thomas Flaherty
Facilities Manager
Donna M. Gill
Consumer Lending Manager
Barbara Griffin
Weston Branch Manager
Kimberly K. Gunville
Assistant Branch Coordinator
Kelley Lauterhahn
Executive and Human Resources Assistant
Peter A. Mahoney
Mortgage Lending Manager
Maren Bradley
Marketing and Member Development Manager
Julia P. Rushe
Wellington Branch & Golden Rail Manager
Chester Wang
Information Technology Manager
Ellen Wilson
Quincy Branch Manager
S E RV I C E S
ACH
Coin Counter
Travelers Checks
Money Orders
Notary
Direct Deposit
Payroll Deduction
Wire Transfers
eStatements
Mobile Banking
Remote DeposZip®
Capture
Shared Branching
Online Account Opening
Golden Rail Benefits
for Ages 50+
S M A L L BU S I N E S S S E RV I C E S
Business Checking
Term Loans
Business Savings
Commercial RE Loans
Branch Locations and Hours
SOUTH BOSTON HEADQUARTERS
147 West 4th Street
South Boston, MA 02127
Closest T station: Broadway, Red Line
South Boston Branch Hours:
8:45 a.m. - 6 p.m. Thursdays
8:45 a.m. - 4:15 p.m. Monday, Tuesday,
Wednesday and Friday
8:15 a.m. - 1:00 p.m. Saturday
Our South Boston branch is open every
Saturday from 8:15 a.m. to 1:00 p.m., for
your convenience.
WELLINGTON BRANCH
Wellington Station
Medford, MA 02155
Closest T station: Wellington, Orange Line
Wellington Branch Hours:
Monday – Friday 8:45 a.m. - 4:15 p.m.
WESTON BRANCH
668 South Avenue, Weston, MA 02493
Weston Branch Hours:
Monday – Friday 7:30 a.m. - 3:30 p.m.
QUINCY BRANCH
Quincy Center Station, 1181 Hancock St.
Quincy, MA 02169
Closest T station: Quincy Center,
Red Line
Quincy Branch Hours:
Monday – Friday 8:45 a.m. - 4:15 p.m.
Phone: 617-269-2700
Holiday Closings
Wednesday, July 4th
Monday, September 3rd
Monday, October 8th
Independence Day
Labor Day
Columbus Day
4.