TTER E L S W R NE E B M Y ME L R E T QUAR
E T A D UP
VOL. 53, NO. 2 SECOND QUARTER, 2018
PAGE 2......... Employee Meeting, April is Financial Education Month
MESSAGE FROM YOUR ORNL FCU BOARD CHAIR ORNL Federal Credit Union experienced another productive and successful year in 2017. Our priorities remained focused on returning value to the membership through the execution of key strategic initiatives based on our purpose and four core beliefs:
PAGE 3 ������������������������������������Dogwood Arts Events,. Ms. Pig E. Bank PAGE 4 �����������������������������������������������TurboTax, Sprint, Holiday Closings & Events
HERE ARE THREE KEY TIME-SAVING TIPS
TOGETHER, WE THRIVE. We make managing money easy so together, we thrive. We put people before profits so together, we thrive. We invest in new ideas and new technologies so together, we thrive. We invest in our communities so together, we thrive. We focused on promoting the overall member experience through several initiatives, including branch renovations, mobile app improvements, data security enhancements, and infrastructure advancements. Our digital technology initiatives continue to support member access across a variety of channels. On behalf of your Board of Directors, thank you for making ORNL FCU your financial partner. Together, we THRIVE.
MOBILE CHECK DEPOSIT Save a trip to the branch. You can make deposits by simply taking a picture of your check. The ORNL FCU mobile app for Apple and Android will guide you and even take the picture for you! DEPOSIT-TAKING ATMS Make deposits when it fits your schedule. All branches are equipped with ATMs that will accept your cash and check deposits 24/7. NATIONWIDE FEE-FREE ATMS
DID KNOW?! NeedYOU cash? Don’t drive across town. Our
Randy Gorman, Board of Directors Chair
network of nearly 30,000 fee-free ATMs stretches from coast-to-coast. Search now to find one near you by downloading the app and selecting Locations or visit ornlfcu.com/locations. It’s your cash—why pay a fee to access it?
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EMPLOYEE MEETING Once a year, employees come together for an all-hands meeting to plan for the future and celebrate the previous year’s accomplishments. Our annual ORNL FCU employee meeting will be held on Tuesday, May 8 and we will close all branches and offices early. For branch-specific closing times, please visit ornlfcu.com or your local branch. We’ll also post updates on social media.
BRANCHES CLOSING EARLY TUESDAY, MAY 8
APRIL IS FINANCIAL LITERACY MONTH It’s never too late to start having a healthy relationship with money and with the following tips, you can be well on your way to beefing up your savings, trimming your expenses, and reducing your stress. 1. PAY IT OFF. Pay off your credit cards to save money. Let's say you have a $2,000 balance at 18% interest. If your minimum payment is 2% of the balance due each month, it will take you 19 years to pay it off, plus you'll incur $3,862 in interest. But if you increase your monthly payments to 8% of the balance due—much more than the minimum—you'll reduce the payback time from 19 years to 3 years and 9 months, and your interest costs are now only $433. You've just "saved" $3,429. 2. CONSERVE. Small changes mean big savings on your utility bill: • Properly insulate all ducts. • Use programmable thermostats. Turn your thermostat back 10% to 15% for 8 hours each day during the winter to save as much as 10% a year on your energy bill. • Use ceiling fans to reduce both cooling and heating bills. 3. SO WHAT'S A BUCK? Grab a calculator. Add up what you spend on so-called "little things" that end up being budget-busters: • If you spend $1.00 a day on soda, that adds up to $365 a year. • If you spend $2.75 a day on coffee, that's $1,003.75 a year. • If you spend $6 every weekday on fast food, that's $1,560 a year. • If you spend $6.20 a day on cigarettes, that's $2,263 a year.
4. TUNE IT UP. Regular auto maintenance—including low-cost oil changes, filter changes, and tire rotation—can save big bucks by preventing costly repairs. Keep your engine tuned and your tires inflated to their proper pressure. On the road, stay within speed limits—gas mileage decreases when you drive faster than 60 MPH. Avoid "jackrabbit" starts, unnecessary idling, remove excess weight from the trunk, and combine errands. 5. TRANSFER IT. Pay yourself first! Consider using Bill Pay from your share draft account for recurring payments like household bills, insurance premiums, automatic investment and savings plans, mortgage payments, auto loan payments, and charitable donations. Set up a separate savings account for a specific need, like a new car, vacation, or holiday. Participating in your employer's tax-advantage retirement plan is also a great way to save money for the long-run. It all adds up!
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CELEBRATE OUR REGION’S ART, CULTURE, AND NATURAL BEAUTY! DOGWOOD ARTS ACTIVITIES AND EVENTS Since 1961, Dogwood Arts has celebrated the natural and cultural beauty of East Tennessee by producing dynamic events featuring blooming gardens and trails, visual arts, music, crafts, theater, culinary arts, dance, film, and literary arts. In 2018, Dogwood Arts will be featuring the Westmoreland Trail. Invite your family and friends to join you in this spring celebration presented by ORNL Federal Credit Union. There’s something for everyone! Dogwood Arts is a 501(c)3 organization with a mission to promote and celebrate the region’s art, culture, and natural beauty. Most of Dogwood Arts’ wide range of arts events, performances, and exhibitions are offered to the public free of charge. For more information, including a complete calendar of events and ticket information, visit dogwoodarts.com or call 865.637.4561. DOGWOOD TRAILS, OPEN GARDENS, AND CAMERA SITES MARCH 29–APRIL 30 Explore more than 60 miles of trails, open gardens, and camera sites as you enjoy a walk, bike, or drive. Westmoreland is the 2018 Featured Trail. ART IN PUBLIC PLACES APRIL 2 A world-class visual arts exhibition of large-scale sculptures which enliven downtown Knoxville, the McGhee Tyson Airport, and Oak Ridge. RHYTHM N’ BLOOMS APRIL 6–8 With stages set exclusively in Knoxville’s historic Old City, Rhythm N’ Blooms showcases the best of roots music plus the hottest up-and-comers, ranging from your favorite indie rockers to iconic Americana acts to soul and hip-hop.
DOGWOOD ARTS FEATURED GARDENS APRIL 14–15 Presents experts offering tips on lifestyle, design, home improvement, and gardening throughout the weekend. CHALK WALK APRIL 21 Sidewalks throughout Market Square and Krutch Park become the canvas for artists of all ages and experience. DOGWOOD ARTS FESTIVAL APRIL 27–29 A lively street fair showcasing the juried artwork of local and national artisans. Live entertainment around every corner, from street performers to three entertainment stages, plus culinary arts demos and tastings. BIKES & BLOOMS Behold the colorful displays of our native dogwoods from your bicycle seat on these scenic, guided bike rides through Knoxville. Dates to be determined. HIKES & BLOOMS Whether on a greenway through a historic park or on a natural trail through the woods, you will observe historic relics and beautiful wildflowers among the dogwood trees on these easy, three-mile hikes. Dates to be determined. WALKING TRAILS YEAR-ROUND Walking trails are at least one mile in length, and we encourage the community to walk, run, or bike these trails.
for a complete schedule of events, visit dogwoodarts.com
WELCOME, MS. PIG E. BANK! Sadly, our dearly departed Penny never made her way home last year. We adopted a new pig, but it needed a name! We called upon our members and followers to submit name ideas via Facebook. The top six names were announced, and our audience submitted their final ballots. The name, Ms. Pig E. Bank, was the resounding winner! Sherry, an ORNL FCU member and social follower, won the grand prize taking home over five pounds of bacon from Benton’s Smoky Mountain Country Hams in Madisonville, Tennessee along with a gift basket of bacon novelty items. Ms. Pig E. Bank made her debut at the Dogwood Arts House & Garden show in mid-February as children and adults were welcome to paint and draw on her canvas!
Congratulations again to Sherry for providing the winning name and to all who entered our contest! More giveaways and contests will be posted throughout the year on our social media pages! Follow us on Facebook, Twitter, Instagram, and Pinterest @ORNLFCU.
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SAVE ON TURBOTAX, the smarter way to get your taxes done right As a member of ORNL Federal Credit Union, you can save up to $15 on TurboTax®—the #1 best-selling tax software. With TurboTax, you’ll get your taxes done right and your biggest possible refund, guaranteed. And with NEW TurboTax Live, you can have a live CPA or EA by your side to answer questions and review your tax return. Start TurboTax today and save! More Savings with Love My Credit Union Rewards! In addition to the TurboTax discount, members have saved nearly $2 billion with exclusive offers from Sprint®, ADT, and cash back shopping with Love to Shop. The more offers you take advantage of, the more you save. VISIT ORNLFCU.COM TO GET STARTED TODAY! #1 Best-Selling brand of tax software based on aggregated sales data for all tax year 2016 TurboTax products. Visit http://turbotax.intuit.com/lp/yoy/guarantees. jsp for TurboTax product guarantees and other important information. Limited time offer for TurboTax 2017. Terms, conditions, features, availability, pricing, fees, service and support options subject to change without notice. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries.
CASH IN WITH SPRINT BENEFITS The benefits of credit union membership and the reliability of Sprint’s network will have you seeing dollar signs. Right now, as an ORNL Federal Credit Union member, get a $100 CASH REWARD for every new line you activate with Sprint®. Plus, get a $50 loyalty cash reward every year for every line.* GET YOUR BENEFITS : • $100 for every new line you activate with Sprint. • Current Sprint customers will receive a $50 cash reward for every line transferred into Sprint Credit Union Member Cash Rewards Program. • A $50 loyalty cash reward every year for every line. • 25% off accessories in store with the Sprint Credit Union Member Cash Rewards Program. HERE’S HOW TO SIGN UP FOR SPRINT CASH REWARDS: 1. Become a Sprint customer and mention you’re an ORNL FCU member. 2. Register at LoveMyCreditUnion.org/SprintRewards. 3. Allow up to six to eight weeks to see cash rewards directly deposited into your ORNL FCU account!
STAY CONNECTED LOVEMYCREDITUNION.ORG/BEN *Activ. Fee: Up to $30/line. Credit approval req. Sprint Credit Union Member Cash Rewards Offer: Offer Ends 12/31/2018. Avail. for eligible credit union members and member employees (ongoing verification). Tax ID req. to establish business acct. Switch to Sprint and receive a $100 cash reward for each new smartphone line activation. Reqs. port-in from an active number (wireless or landline). Existing customers receive a $100 cash reward for each new smartphone line activation and/or a $50 cash reward for each smartphone line transferred to program. New lines req. activation at point of sale. Max 15 lines. Sprint acct must remain active and in good standing for 31 days to receive Cash Reward. Excludes MBB devices, tablets and Sprint Phone Connect, upgrades, replacements and ports made between Sprint entities or providers associated with Sprint (i.e. Virgin Mobile USA, Boost Mobile, Common Cents Mobile and Assurance.) May not be combinable with other offers. $50 Loyalty Cash Reward: Members can earn one $50 cash reward annually when Sprint acct remains active and in good standing for 1 year. Max 15 lines. Cash Reward: Cash Reward issued by CU Solutions Group. Allow 6-8 wks for Cash Reward to be deposited to your Credit Union acct. If the Cash Reward does not appear after 8 wks, visit lovemycreditunion.org/sprintrewards. Other Terms: Offers/coverage not avail. everywhere or for all phones/networks. May not be combinable with other offers. Offer, terms, restrictions, and options subject to change and may be modified, discontinued, or terminated at any time without notice. Restrictions apply. © 2016 Sprint. All rights reserved. Sprint and the logo are trademarks of Sprint. Other marks are the property of their respective owners.
HOLIDAY CLOSINGS & EVENTS DIRECTORS Randy Gorman, Chair James Payne, Vice Chair
LOCAL CALLS:
Marcy Catron, Treasurer
865.688.9555*
Joel Pearman, Secretary
*All locations except Madisonville, . Morristown, and LaFollette
800.676.5328
ONLINE BANKING ORNLFCU.COM
Officials
OR TOLL-FREE:
Jama Hill Leigha Humphries Sam McKenzie Debbie Stairs Harriet Walker
UPDATE is published quarterly by ORNL Federal Credit Union as an information service to its members. Questions, comments, and suggestions should be sent to:
SUPERVISORY COMMITTEE
ORNL Federal Credit Union UPDATE, . P.O. Box 365, Oak Ridge, TN 37831.
Gerald Smith, Chair
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
Federally insured by NCUA.
David Watkins, Vice Chair
FRIDAY, APRIL 20–SUNDAY, APRIL 22 HBGAK Home Show
Knoxville Convention Center.
SATURDAY, APRIL 21 Shred Day
Northshore Branch (2077 Town Center Blvd., Knoxville) Oak Ridge Branch (215 S. Rutgers Ave.)
FRIDAY, APRIL 27–SUNDAY, APRIL 29 Dogwood Arts Festival Market Square.
TUESDAY, MAY 8 Employee Meeting
All branches closing early.
MONDAY, MAY 28 Memorial Day
Credit Union is closed.
Mary Kiser, Secretary
WEDNESDAY, JULY 4
Mary Beth Blair
Credit Union is closed.
Independence Day
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