HELOCS Are Cool, Just Ask Barbara Norman!

Barbara Norman-webWauna Credit Union is offering special terms for HELOCs (Home Equity Line Of Credit) until July 31st! Now is the time to put your home’s equity to work for those fun home improvement projects, or nearly any need one might have. One reason so many people prefer HELOCs to Home Equity Loans is that you use the money you need when you need it. It is rotating and versatile!

Our current promotion offers a 1.99% interest rate for the first 6 months! Plus, since we are a Credit Union, there are NO Loan Origination Fees like many other financial institutions have. And, as an added bonus, we will give the holder of every approved HELOC a DIY project starter kit including a tape measure, torpedo level, & a carpenter’s pencil!

To learn more, we cornered Barbara Norman, an expert from our Wauna CU Mortgage Department, here’s what she had to say about HELOCs.

First, we asked Barbara to name THREE great things about a HELOCs, and she was quick to respond!

  1. Access to emergency funds instantly!
  2. Pay interest only on funds used!
  3. No costs (except appraisal if needed)!

Next, we asked her what a homeowner would need to qualify for a HELOC?

  • Income, equity in the home, & pretty good credit.
  • A month of Paystubs.
  • 2 years W-2s and Federal Tax Returns.
  • Home Owner’s insurance.
  • Current Mortgage Statement on 1st Mortgage, if any, and possible other docs depending on circumstances.

What can homeowners spend the money on? Are there rules or limitations?

Barbara: They can spend it on buying a car, pay off debts, home improvements, cash for vacation, buying additional property, and much more!

What is the benefit of getting a HELOC via Wauna CU?

Barbara: We pay for the title policy, flood certification, recording fees, and tax service, if any.  The member would pay only for appraisal, if it is required.

We thought we’d stump Barbara when we asked this question: What is the ‘Coolest” thing about HELOCs? Because of course, how could a HELOC be cool? But, Barbara didn’t even blink when she responded, why you ask? Because as Barbara has proven HELOCs ARE COOL!

Barbara: I think the coolest thing about a HELOC is having the funds for emergencies; whether your water main breaks, roof leaks, or you have a medical emergency, it takes the worry out of the equation.

Thanks Barbara!

Now, we all know a little more about Home Equity Lines of Credit, and if you would like one, please apply online or stop in any branch to talk to your local Member Service Officer.

Learn More about our HELOC Promotion: https://waunafcu.org/loans/current-loan-promotion.shtml

 

May 2016 Statement Insert: HELOC Special Offer

The following insert was included with all mailed monthly statements in May. Learn more about our Home Equity Loan Promotion here, or apply today by clicking this link.May-16-insert Proof final

Don’t Let Your DIY Project Get Stalled!

Our Special Home Equity Line Of Credit Offers You More Buying Power!!

  • Low, Introductory Rate for 6-Months!
  • No Loan Origination Costs!
  • Flexible Loan-to-Value ratio!

The only thing better than starting your project is finishing it!

Avoid the delays —
We are ready to help you!

  • Apply online, by phone, or visit any branch.
  • 800-773-3236
  • waunafcu.org

Need A New Car? This is Your Week!

Wauna Credit Union is Offering two amazing ways to save on a new/used car purchase this week.

Spring Fling Coastal Auto Sale:

Event Pgage FB - Spring Fling 2016This weekend (April 28-May 1) is the 3rd Annual SPRING FLING Auto Sale at four coastal auto dealers – Astoria Ford, Lum’s Auto Center, Ocean Crest Motors, & Warrenton KIA.

Wauna Credit Union will have lending officers on site to make your financing happen immediately. Plus, we are offering 90 No Payments & everyone who buys a car through Wauna CU will get a $30 VISA Gift Card! All of the auto dealers will be offering special low prices, and they’ll be serving up free BBQ during the days of the sale, April 28-May 1. Come out and enjoy a hot dog, take some test drives, and find yourself a great new car!

Get Pre-Approved!Direct Loan Promo

No matter where you are in our service area – from Scappoose to Vernonia to Warrenton – All of our branches are offering 90 Days No Payments for anyone who gets pre-approved for an auto loan!

Plus, if you get pre-approved at one of our branches or with online/mobile application, we offer much lower rates on Mechanical Breakdown Protection (MBP) & Guaranteed Auto Protection (GAP), and we also have competitive rates on Auto Insurance!

What is Credit Union Strong? Great Links & $$$ Prizes!

FB_Poster Polaroid_1200_9What is Credit Union Strong?

Our month-long youth celebration is focused on the theme of “Credit Union Strong”.

Young people face a bewildering financial landscape in their immediate future—one where technology has made spending as easy as breathing and the cost of higher education continues to skyrocket. That’s why we believe it’s more important than ever to ensure our youth possess strong money management skills.

As a not-for-profit financial cooperative, our core values include member education and social responsibility. We care about the community where we live and work, and the people in it. We look forward to watching the next generation grow and make it even better.

By instilling the habit of saving at a young age, offering positive encouragement, and providing financial education, we can prepare our community’s youngest members for brighter futures by helping them grow into financially capable adults. Credit union strong means having the money skills to embrace an awesome future, and leaving your community better than you found. That’s why we take our mission of helping youth so seriously.

Of course, we realize the biggest influence on anyone’s life is his or her parents. So if you want to start your kids on a path to financial strength, participating in Credit Union Youth Month is a good start.

Bring your financial fitness buffs into Wauna Credit Union and help them pump up their savings.

Young People Can Win at Wauna CU!FB_Make Your Future Awesome

  • Coloring Contests! Prizes will be awarded for Coloring Contest winners!
  • Download the coloring sheets: EAGLE / STRONGMAN
  • New Jump Start Club members drawing! Win bonus deposits of $25 or $50 just for opening a Jump Start Club account!
  • JUST ANNOUNCED! Make a video & Win $100 (All Jump Start Club Members are welcome to participate) – Grab your phone, video camera or other device, and make a quick video, tell us in one minute what you like about Credit Unions, and especially Wauna Credit Union. Post it on any of our social media channels, and we will pick a winner and a runner up! $100 for the winner & $50 for the runner up.

GREAT LINKS FOR KIDS & PARENTS:

Alert: Brief Disruption Possible for Wauna CU Debit Card Service

EMV card(This notice was sent via email to all Debit & ATM Card users)

Wauna Credit Union has scheduled an important upgrade to the system that supports our Debit & ATM Card program.

Debit card users may experience a brief disruption of service Monday, April 18th, between Midnight and 6:00 a.m. (Pacific time).

Once completed, this system upgrade will enable Wauna Credit Union to provide its Debit card users with greater security when making transactions (using new EMV chip-secured Debit cards). Learn more about EMV chip-secured card technology at our website: https://waunafcu.org/accounts/emv-cards.shtml.

If you experience any problems with your Debit or ATM Card during the upgrade period or afterwards, please call 800-773-3236 and select the appropriate prompts to be connected with our 24/7 Debit Card Support service.

unnamed[1]ATTN: CardNav app users: If you use our CardNav app to protect your Debit card, this service will be discontinued at Midnight, Sunday, April 17th. The exact same service under the name CardValet will take its place.

Please visit our website to learn about the download and required set-up procedures so CardValet can provide you with the same level of personally controlled security for your Debit Card.

Watch the CardValet video

Thank You,

Wauna Credit Union

RESOURCE PAGE: Changes for Debit Card Users – The EMV Chips are coming!

EMV cardOur Debit Card users will find that when their current Wauna Credit Union Debit Card expires, its shiny new replacement will have an EMV chip on it. This will offer vastly better security for purchases made in stores and restaurants, all “Card Present” transactions. All Debit Cards issued in May 2016 and beyond will include the EMV Chip-Secured Card, and a magnetic strip too.

IMPORTANT INFORMATION & LINKS 

  • DEBIT CARDS: The EMV Debit Card upgrade is complete.
  • Service Interruption: April 18th,we will upgrade our service to accommodate EMV technology Debit Cards. 
  • There will be a brief interruption in service on April 18th for ALL Debit & ATM Card users. *If you experience any longer lasting issues with your Debit Card or PIN number, please call 800-773-3236 and follow the prompts.
  • EMV Chip cards will be sent to members as existing Debit Cards expire, starting with cards expiring in May 2016.
  • Debit Card Information Sheet (download)
  • Did you get the email on 4-13-16 about the Debit & ATM conversion?
  • Starting on April 18th, if your card is lost or stolen you will need to use the following phone numbers for assistance:
 Important EMV Debit Card Phone Numbers:  
Activate/Set PIN:  800-992-3808
Fraud Detection Center/In USA:  800-262-2024
Fraud Detection Center/Outside USA:   973-682-2652
Lost/Stolen Card/In USA:  800-773-3236
Lost/Stolen Card/Outside USA: 800-773-3236

 Still have questions? Contact us by phone or email.

YOUTH MONTH: How to Do Allowances Right, According to the Experts

Allowance rulesOne of the best ways to ensure your children grow up financially fit is to give them practice managing money with an allowance.

But what’s the best way to do an allowance? There are many theories on that.

Ron Lieber, personal finance writer for The New York Times, says he and his wife pay their 7-year-old daughter $3 a week, no chores necessary.

Lieber’s daughter puts $1 in a “save” jar and $1 in a “give” jar for a cause of her choosing. The final $1 she can spend as she wants. Lieber’s reasoning is that an allowance is a teaching tool, and making it contingent on chores muddies the issue. What if the children decide they don’t want money? Do they still have to do the chores?

Lewis Mandell, a financial economist and professor emeritus at the State University of New York, Buffalo, however, says unconditional allowances are a “terrible idea,” citing a 2000 study that showed kids who received a regular allowance left high school knowing less about personal finances than kids who received no allowance—though the differences were slight.

One problem may be that, like many Americans, kids aren’t the most diligent about saving. While 61% of parents pay an allowance, only 1% report that their children save any of it, according to a 2012 survey by the American Institute of CPAs.

The survey found that as children age, they receive a higher allowance, but across all ages the average take is $780 a year. That’s enough to buy an iPad or a good start for a college savings plan—if they were saving.

About 90% of the parents who paid their children an allowance required them to do chores to earn it, but only 81% had spoken to their kids about money management. More parents had spoken to their kids about good manners, their grades, and healthy eating habits than how to handle their money.

So how should you handle an allowance with your own children?FB_Poster Polaroid_1200_4

Use it as a teaching tool

Regardless of how your children earn an allowance, use it as a tool to reinforce good money habits from an early age. Talk about finances early and often, and set a good example.

Consider matching their savings

To encourage savings, tell your children for every $1 they set aside for long-term goals, you’ll match it in their Wauna Credit Union Jump Start Club youth savings account. Share the statements with them so they can see their money grow.

FB_Poster Polaroid_1200_1Gradually introduce them to financial products

Deposit their allowance into a Jump Start Club youth savings account, later a share draft/checking account, and help them manage them wisely. And we can help. Bring in your children to participate in Credit Union Youth Month at any of our branches, and we’ll help them pump up their savings.

Research shows that kids who learn to manage money at an early age are better prepared to handle their finances when they leave home. And, ultimately, teaching children good money skills is a sound investment for parents, who often are the ones helping their adult children when they run into real-world problems.

Learn More about Credit Union Youth Month in this previous blog: https://waunafcu.org/blog/its-credit-union-youth-month-coloring-contests-more/

BIG NEWS! Clatskanie Branch Remodel (Starts April 8 thru Mid-June 2016)

Debi Smiley COO, Branch Manager Gina Dines, and Member Service Manager Heidi Peterson are super excited about the new branch. Now the question is which will arrive first, the new Clatskanie Branch unveil or Heidi's baby?
Debi Smiley COO, Branch Manager Gina Dines, and Member Service Manager Heidi Peterson are super excited about the new branch. Now the question is, which will arrive first, the new Clatskanie Branch unveil or Heidi’s baby?

Big News! Wauna Credit Union is absolutely delighted to begin a major remodel of our Clatskanie branch, starting on Friday, April 8th! Regular visitors already know that furnishings are getting sparse inside the branch as we prepare for the construction crew to come in.

The Clatskanie branch will be closed on Friday, April 8th to get things rolling, it will reopen on Monday, April 11th utilizing only half the building, and then in a few weeks will switch over to using the other half. The Clatskanie branch will remain open during construction, which is expected to be finished in Mid-June.

Our ATM and Night Drop will be available, but our Drive Up window will be closed during this time. We apologize for this inconvenience and ask that you please pardon our dust as we create a brand new branch experience for our members, and more (desperately needed) space upstairs for our support staff!

Check back for updates & info direct from the remodel!

Clatskanie Branch Remodel Important Dates: 

  • Starts April 8th (Branch will be closed for this one day).
  • April 11th, branch reopens, construction is ongoing.
  • Drive up window will be closed from April 8 until Mid June.
  • ATM & Night Drop will be open.

remodel Rendering 3 Remodel Rendering 2

It’s Credit Union Youth Month!!! Coloring Contests & More!

FB_Poster Polaroid_1200_5Hey Kids! April is Credit Union Youth Month!

It began many years ago, as merely  Credit Union Youth Day, then it grew into Credit Union Youth Week, and last year the Credit Union National Association (CUNA) decided Credit Union Youth deserved an entire month!

WOO HOO! Credit Union Youth Month!!!

All month check this blog and your favorite social media outlet for savings tips & info for a better financial education – from allowance plans, and money making ideas for kids, to info about college funds.

Coloring Contest:

Our younger members are welcome to get in on the coloring contest – prizes will be awarded! Pick your picture, print it off at home, or pick one up at any branch!

Credit Union Strong Coloring Page
Credit Union Strong Coloring Page
eagle-coloring-page
Eagle Coloring Page

 

 

 

 

 

 

 

Know a kid who needs an account?

All new Jump Start Club members (Ages 0-17) who joined Wauna CU during the month of April will be entered to win $$$, and we’ll deposit it right in your shiny new account! Plus, Jump Start Club accounts earn a higher rate of interest on your first $500 balance than any other saving account, AND all Jump Start Club members get a cool piggy bank when they open their account!

Jump Start Club – Account Information:  https://waunafcu.org/accounts/youth.shtml

College Scholarship Info:

High School Seniors – April 15th is the deadline for our annual Scholarships!

Apply Today: https://waunafcu.org/annual-scholarship.shtml

College Savings Plans:

Wauna Credit Union can start a Coverdell Education Savings Account or Coverdell ESA, also known as a 529 College Savings IRA, and our knowledgeable staff can help you easily set it up. College saving is less daunting if you start early.

Learn More: https://waunafcu.org/accounts/youth.shtml

INTERVIEW: Meet our new Internal Auditor, Rachel Kamaunu!

Rachel KamaunuA new day is breaking on the hills along the mighty Columbia River! Last week, we said goodbye to Randy Brackman, our Internal Auditor and a 28 year Wauna Credit Union veteran. Today, we say hello to a new era, as we welcome Rachel Kamaunu as our new Internal Auditor!

While Rachel is our new Internal Auditor, she is a seasoned employee of Wauna Credit Union. She was hired into the Accounting Department as an Accounting Assistant back in April of 2012. Rachel was promoted to Senior Accountant on January 1, 2015, and has been under Internal Auditor Randy Brackman’s wing for some months now preparing for this day.

The Wonderful World Of Wauna caught up with Rachel to find out how she was feeling about this new chapter in her WaunaCU career:

Why did you apply to be Internal Auditor?

Rachel: During all my years in the banking industry, I always envied the Internal Auditor.  However, I found over the years, prior to my employment with Wauna, that an Internal Audit position in a financial institution is hard to come by. I was lucky enough to work as an auditor right out of college for a short time, before starting my family.  Even though Accounting was my focus, Auditing has always been my passion.  I feel fortunate to have been selected for this position.

It certainly takes a special kind of person to be passionate about Auditing! Aside from that obvious qualification, what strengths do you bring to this position?

Rachel: I have a Bachelor’s degree in Accounting as well as over six years in prior banking experience.  I managed a small business for seven years before and while attending college, as well as over 6 years in the US Army Reserve, serving as an officer.  My prior experience as well as education bring great strengths to this position.  I am also a strong independent individual with excellent attention to detail and organization skills.

How do you hope to grow the position?

Rachel: First things first, I hope to grow my knowledge and resources first.  The department was developed perfectly by my predecessor, Randy. I plan to follow in his footsteps of producing thorough, accurate and timely audits.

What is the most unexpected thing you have learned during training under Randy?

Rachel: My time with Randy has been a rewarding experience. I quite honestly didn’t know what to expect, so it was all unexpected!  He has done nothing but make sure I am well taken care of, giving me the reigns and the desire to jump right in and make my mark on this department.  All the while, he has gracefully stood by, offering his wisdom, sharing his stories and has been encouraging me the whole way.

What is your favorite thing about working at Wauna Credit Union?

Rachel: My favorite thing about working for Wauna, is being part of the Wauna Family.  Wauna Credit Union cares about every employee here, and goes through great lengths to set a workplace that is friendly, adaptable and family oriented.

Randy explained last week that the Internal Auditor deals with the CEO and the Supervisory Committee, there’s been a lot of change to the Supervisory Committee this year, (including the retirement of Larry Cole, longtime Supervisory Committee Chair). How do you feel about those changes, and what do you hope so many new faces bring to the committee? 

Rachel: I feel the changes come at the perfect time.  A partially new committee and a new Internal Auditor, all with various backgrounds and experience, will surely bring new ideas to the table.  I welcome the discussions and challenges it brings.

Please tell us a little about your past, where you grew up, your hobbies, whatever you would like to share. 

Rachel: I was born and raised in the Bay Area, California.  I moved to Las Vegas when I was 19 years old and lived there for 13 years.  I moved to Longview in 2007 to be near my sister. I have two children, a nine-year-old girl and a six-year-old boy. I am getting married next month (April 7th), and in addition to my spouse, I will be blessed with four step-children and two step-grandchildren. This year has proven to be an exciting one, with many new adventures. In my spare time, I love to travel.  I also love the sun and spend every moment in it when I can. I am adventurous by nature, so challenges are exciting to me. I love my family and creating memories with and for them.

Thank you Rachel, we’ll look forward to catching up with you in the future and seeing the changes you initiate as our new Internal Auditor! Congratulations!