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Update May/June 2011 • Vol 46 • No. 3

Page 2 •• Auto, Boat & RV Loans •• Upcoming FREE Seminars

Page 3 •• Quick Close HELOC Loans •• Our Mortgage Team

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•• ORNL-FCU Likes To Help •• Googolplex

Published bi-monthly by ORNL Federal Credit Union

Incumbents Win Re-Election at 63rd Annual Meeting O



appointments included Vice Chair Herb Debban,



Treasurer Marcy Catron, and Secretary Wanda

Annual Meeting of the


Membership was held

ORNL Federal Credit Union used a third

March 10, 2011 at the

party system, for a seventh year, to conduct the

Double Tree Hotel in

voting. This method of voting allowed for a much

Oak Ridge. The main

larger participation from the membership by not

order of business was

requiring a presence at the meeting in order to vote

the announcement of the election results to

Wanda McCrosky

Mason Oakes

Herb Debban

in the election. All members who participated in the election were entered in a drawing to win one of

fill three positions on the Board of Directors. Credit

In a special Board election held after the meeting,

union members re-elected the three incumbents –

Mason Oakes was elected, by majority, ORNL

fifteen $100 prizes. Highlights of the evening included an audiovisual

Wanda McCrosky, Mason Oakes, and Herb Debban.

Federal Credit Union’s Board Chair. Other Board

presentation of the credit union’s performance for 2010 and reports from the Board Chair, the Treasurer,

Meet The New President A

was paid to retiring President John McKittrick, Senior Vice President Taylor Scott, Vice President David

fter twenty-two years of loyal service to ORNL Federal Credit Union,

Farmer, as well as Lenoir City Branch Manager

eighteen of which were spent as president, John McKittrick has

Don Thaler.

retired from his role. He was an amazing asset to the credit union and will be missed. John left behind big shoes to fill, but President Chris Johnson is more than up to the challenge. Chris came to the credit union from The University of Kentucky Federal Credit Union in 2006. Here at ORNL Federal Credit Union, he has served as a senior vice president until 2010 and went on to lend his talents as executive vice president. Chris is passionate about member service and driven to make sure Chris Johnson ORNL FCU President

and the Supervisory Committee. A special tribute

Coming Soon Private Student Loans!








have private student loans available to

qualifying members. These loans are designed to

that ORNL Federal Credit Union’s members and employees are equipped

cover the gap in tuition and other education costs

with the knowledge and power required for financial success.

when scholarships and financial aid are not enough. ORNL FCU is committed to providing quality private student loan financing with affordable,

The SMART Way To Buy Or Sell Your Home

responsible and flexible repayment terms. Whether you are just out of high school or have already begun

uying and selling your home just became easier


price — you could receive rewards back on both

your professional career, embarking on your higher

thanks to CU Community Realty. Save time and

transactions. Earn up to $2,000 in gift cards* based on

education degree for the first time or going back to

money by partnering with a personal consultant who

the sale or purchase price on each transaction when

school to finish up or expand your knowledge, ORNL

will provide you real estate reference material and

you buy or sell a home with our recommended

Federal Credit Union wants to help you. Financing

help you find the agent that best suits your needs –

agents. On your mark, get set, MOVE!

a college education should be easier than getting

all at no-cost to you! When you choose to work with

Contact a consultant today! Call 865-688-9555

CU Community Realty, your personal consultant will

or 1-800-676-5328 or visit for more

guide you through every step of home-buying and


a free webinar and look for the availability date

selling, advocating for YOU as a valued credit union

*Provided by CARTUS. Cash-back is not available in Tennessee. Gift cards will be rewarded instead. All

of the Private Student Loan Program online at

member. And should you buy or sell your home with a partner agent, depending on the sale or purchase

real estate commissions are negotiable. Contact the program for terms and conditions in order to confirm eligibility. $2,000 gift card is based on an average purchase or sale price over $ 500,000.

admitted! See page 3 for more information about, through CyberBranch, or at any of our convenient branch locations!

All offices of ORNL Federal Credit Union will be closed Monday, May 30th, in observance of Memorial Day & Monday, July 4th, for Independence Day.


Auto, Boat & RV Loans

% .54

Rates As Low As

arn nd e 5% a n ree 0.2 Go g ditional our y d an a ount off hen c w dis te st ra ybrid or e w h o l uy a tive b u na yo alter hicle!* * ve fuel



ot A p p ly O n -t h e -S p a t A n y o f Th e se a le rs ! P a rt ic ip a ti n g D e

* A. Autobuyers * Airport Honda * Ideal Auto Sales * Rice Chrysler/Plymouth/Dodge * Rick McGill’s Airport Toyota * Rusty Wallace Kia (both locations) * Twin City Buick * Twin City Hyundai * Twin City Mazda * Twin City Nissan * West Chevrolet * West End Auto Sales


* Autos and More * Beaty Chevrolet * Cadillac of Knoxville * Cars Etc. * Clayton Volvo * Duncan Automotive * Grayson BMW * Grayson Hyundai * Grayson Subaru * Harper Audi-Jaguar * Harper Infiniti * Harper Porsche/VW * JIm Cogdill Dodge * Kia of Knoxville * Jim Cogdill Dodge * Lance Cunningham Ford * Land Rover of Knoxville * Lexus of Knoxville * Mazda Knoxville * Mercedes of Knoxville * RC Motor Company * Reeder Chevrolet * Rice Buick/GMC * Roadmaster Auto Sales * Rusty Wallace Honda * Rusty Wallace Kia * Ted Russell Ford/Isuzu * Ted Russell Ford Parkside * Ted Russell Kia * Ted Russell Mitsubishi * Ted Russell Nissan * Toyota of Knoxville * USI Motors, Inc./Saab * West Side Honda * Wilson Auto Sales * Xtreme Auto

Oak Ridge

* Oak Ridge Nissan * Quality Auto Sales * Secret City Chrysler/ Jeep/Dodge * Sexton Automotive

* Rocky Top Chrysler * Rusty Wallace Ford * Volunteer Chevrolet

Harriman/Wartburg/Rockwood * David Clifton Chevrolet * Earl Duff Subaru * Jerry Duncan Ford * Sexton Automotive Group * Sexton-Cook Motors * Sexton Ford of Morgan Co.


* Danny England Motors * Fox Chevrolet * Fox Toyota * Rainbow Ford * Ray Varner Ford * Tennessee Auto Sales

Indirect Boats

* Boat N RV Center * Tracker Boats (Bass Pro Shop) * M & M Marine * SeaRay of Knoxville

Morristown/Jefferson City * Farris Motor Co. * Lakeway Auto * Morristown Chevrolet * Morristown Ford * Honda Morristown * Rusty Wallace Pontiac * Rusty Wallace Toyota * Royston Chrysler * Royston Hyundai * Tarr Chevrolet

Motorcycles, Personal Watercraft, ATVs, & RVs

Lenoir City/Sweetwater/ Athens * East TN Auto Outlet * Import Auto Sales * Jackie Jones Ford * Dependable Motors * Tilley Lane Chrysler/ Dodge/Jeep * Lenoir City Ford

* Alcoa Good Times * Buddy Gregg Motor Homes * Camper’s Corner * Chilhowee Trailer Sales * Honda Yamaha of Knoxville * LaFollette Motorsports LLC * Mountain Adventures Honda * Smoky Mountain Harley Davidson/Buell * Tennessee RV Sales & Service * Thompson’s Yamaha * Tommy’s Motorsports * Ultimate Toys Motorsports * Weekend RV Center

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

*Annual Percentage Rate. Lowest rate based on Credit Union’s Qualified Loan Program. New money only (refinances must be from other institutions). Must sign up or be enrolled in payroll deduction or automatic transfer of loan payment to receive lowest rate. Your rate may vary and is determined by your credit qualifications, amount financed, collateral and loan terms. Other rates and terms available. All rates and terms are subject to change without notice. Please stop by or call a Credit Union loan representative for full details. ** Green Auto Loan program provides qualifying rate discounts of 0.25% APR for a hybrid, electric, or alternative fuel car or truck. New loans and refinances from other financial institutions are eligible. Contact credit union for details.



865.688.9555 or 800.676.5328 Apply Online:

Follow us on Twitter!

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FREE UPCOMING SEMINARS The smart financial tools and resources you need are available through ORNL Federal Credit Union and you’re invited to participate in these FREE educational workshops! Refreshments will be available. Sign up today!

Know Your Options on College Loans (Webinar) Tuesday, May 24th, 6 p.m.

ORNL Federal Credit Union West Knoxville Branch • 8721 Kingston Pike RSVP to Denise Iroler at 865-425-2710 or email Sending a child off to college is an exciting time and finding the right funding for your child’s higher education can be time consuming and confusing. We can help clear up some of the confusion in our webinar given by Finanz, a company we recently partnered with that specializes in private student loans. ORNL FCU Private Student Loans will be available on May 30th, so come attend our webinar on college loan options so you’ll be prepared for the coming school year!

Get Tuned Up and Drive Away Happy Tuesday, June 21st, 6 p.m.

ORNL Meeting Room within the Onyx Point 1 Building, 8351 E. Walker Springs Road, Knoxville, (across from the gas pumps at Sam’s Wholesale Club) RSVP to Denise Iroler at 865-425-2710 or email Get a tune up on your car buying knowledge! Whether you are thinking about buying or leasing, brand new or new to you, you have many important decisions to consider in order to drive away happy. That new car smell is tempting you, but is that your best option? We want to help you avoid buyer’s remorse before you sign on the dotted line. We’ll even throw in some tips on how to make the best of the ride you’re in while you are looking for a new one!

Own A Home?

Use it to your advantage with ORNL Federal Credit Union’s Quick-Close HELOC!!


hat is a HELOC you’re asking? HELOC stands

many other exciting things. So why wait? Get on

for Home Equity Line Of Credit and is a

track to Borrow Smart and Save Smarter with ORNL

revolving line of credit secured by your primary

Federal Credit Union’s Quick-Close HELOC loan!

residence. We offer a competitive variable rate,

Applying is fast and easy! For more details give

low closing costs, and payments as low as $10.00 a

us a call at 865-688-9555 or visit any one of our 32


convenient locations to inquire! You can also learn

With loans available up to $250,000* you could tap into your home’s equity to add on to your existing home, consolidate bills, buy a car, finance educational expenses, pay medical bills, and so

more at our Web site and click on the “Loans” link under the “Borrow” tab. *$250,000 limit based on credit score and current home value.

Our Mortgage Team Stands Ready to Help B uying or selling a home is a big step for just

you decide how much house to buy and whether or

about anyone and ORNL Federal Credit Union

not you want a maintenance-free condominium or

stands ready to make it one of the easiest processes

a big yard for the kids. Our mortgage loan officers

you’ll ever experience! With our wide variety of

will go over every detail during the process – with

options available, we can meet your home buying

no surprises!

needs when you are ready to buy or build, refinance

Come in and find out what type of loan fits

or remodel. And with Reality Assistance from CU

your lifestyle – whether it’s an FHA, conventional,

Community (see related story on page 1) finding

construction, fixed or variable rate, or one of our

the right neighborhood or schools will never be a

other great loans options we have available.

worry to you!

Apply today – call us at 865-688-9555 or 1-800-676-

Let one of our mortgage loan officers get the ball rolling on the home of your dreams. They can help


5328, visit us online at or visit any branch office.

Find us on Facebook

ORNL Mortgage Loan officers: back row from left, Jeff Grady, Tammy Fairchild, Heather Rankin, Connie Aytes and Christie Cinnamon; middle row from left, Renata Farley, Sandra Wooten, Kyria England, Heather Foust and Roy Ogle; and front row from left, Kim Flanary and Shirley Perrone. Not pictured, Jeff Mason.

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3 7849




P.O. Box 365 Oak Ridge, TN 37831






ORNL FCU “Likes” To Help!


ith your help, we can all make a difference in our community—now all it takes is a click!

We are using our Facebook page to assist those less fortunate by donating to various charitable organizations $1.00 for every page “Like” ORNL FCU receives. Recently, we donated over $1,000 to benefit Second Harvest Food Bank from the “Likes” we received in our very first campaign! Many have already helped by clicking “Like”— you can too if you haven’t already. Yep, we’re at it again with Knoxville Area Rescue Ministries (KARM); from now until June 25th, we’ll be raising funds to assist this great organization one click at a time. Best of all, we’ll donate up to $5,000 to KARM if we can generate that many likes on Facebook! So, spread the word—ORNL FCU “Likes” to Help!

Learning About Money Is Fun With Googolplex

LOCATIONS Anderson County Oak Ridge Main Office 221 S. Rutgers Avenue

oogolplex is a microsite located within

OFFICIALS and is bursting with fun and



educational games for kids! Check out 5 Spot for elementary school aged kids and see how much you make running a lemonade stand. Or check out A.J.’s for middle school kids and C-Note for high school kids with more advanced learning and fun! Visit us online and look under the “Save” tab. Your kids will be well on their way to financial independence!

Mason Oakes, Chair Herb Debban, Vice Chair Marcella C. Catron, Treasurer Wanda McCrosky, Secretary Leigha Edwards Randy Gorman Jama Hill Samuel P. McKenzie James E. Payne Mary Helen Rose, Recording Secretary

Supervisory Committee Harvey Gray, Chair David Watkins, Vice Chair Vickie Caughron Secretary Joel E. Pearman Gerald Smith


Chris Johnson

Telephone: 865-688-9555* Or toll-free: 1-800-676-5328

*All locations except Madisonville, Morristown, and LaFollette


Oak Ridge Wal-Mart 373 S. Illinois Avenue Clinton 1117 N. Charles Seivers Blvd. Clinton Food City 507 S. Charles Seivers Blvd.

Knox County North Knoxville 808 Victor Drive

West Knoxville 8721 Kingston Pike Middlebrook Pike Food City 9565 Middlebrook Pike East Knoxville 3634 East Magnolia South Knoxville 7325 Chapman Highway

Bearden 5505 Kingston Pike

Roane County

Kingston 1204 N. Kentucky Street Oak Ridge National Lab P.O. Box 365 Rockwood Wal-Mart 1102 N. Gateway Avenue

Loudon County

Lenoir City 895 Highway 321 North Lenoir City Food City 300 Market Drive Loudon 2859 Highway 72

Campbell County LaFollette 2229 Jacksboro Pike 423-562-8948

Blount County

Farragut 11405 Municipal Center Drive

Alcoa 103 Hamilton Crossing Drive

Fountain City 5208 N. Broadway

Maryville Wal-Mart 2410 U.S. Hwy. 411 South

Karns 7228 Oak Ridge Highway

Monroe County

Halls 4510 Emory Road Farragut Kroger 189 Brooklawn Street Powell Kroger 6702 Clinton Highway Millertown Pike 5409 Millertown Pike Morrell Road Food City 284 Morrell Road Northshore Drive Kroger 9501 Northshore Drive

Madisonville 4201 Hwy. 411 423-442-6061

Hamblen County

Morristown 1730 W. Andrew Johnson Hwy. 423-581-9800

Sevier County Sevierville 699 Parkway #5

Union County

Maynardville Food City 4344 Maynardville Hwy.

UPDATE is published bi-monthly by ORNL Federal Credit Union as an information service to its members. Questions, comments, and suggestions should be sent to ORNL Federal Credit Union UPDATE, P.O. Box 365, Oak Ridge, TN 37831.

Ornl update 2011 vol 46 no 3