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SCCU Connections January 2009
PERSPECTIVES

A Message from Doug Samuels,
President/CEO



Douglas R. Samuels,
President/CEO We look back at the year of 2008 with various emotions.

Personally, I look back and am still amazed about the pace at which things transpired in our economy and throughout the world. First, the continued slide in home values placed a great deal of stress on households where incomes were lost or diminished. As the unemployment rate continued to increase, more people were put in an increasingly difficult income bind. Then, in the fall, the unprecedented turmoil and disruption in the financial markets caused greater uncertainty about whom to trust more than at any other point in remembered time. Add to that a $700 billion “bailout” program that allowed big banks to use shiny new taxpayer money to increase their market share by acquiring other banks, instead of making loans to help those same American taxpayers, and you have a year like none in recent history.

It became abundantly clear in 2008 that there is no short cut out of these economic problems. The term “bailout” was used so often that many consumers had the mistaken impression there was some easy solution to these problems - but we know that there is no “magic resolution.”

To read the full article, visit SCCU.com.

WHAT'S NEW

New Member Discounts

Wall Shelf Showcase
(all counties)

Receive 15% off your total purchase!

Tuttie–Fruttie Gourmet Ice Cream Cafe
Buy one cone, get the second for half price (Second cone of equal or lesser value)

Duran Golf Club (Melbourne) Duran Golf Club

  • $100 off Duran Crown Club membership
  • Buy one get one Par 3 Green Fee (valid on Tuesdays only)
  • Kids play free on Par 3 Course (kids under 18 only; valid Monday thru Friday)
  • 10% off Masters Development Instructional packages
  • 10% off lunch or dinner at Tradewinds Restaurant (food items only)
  • 25% off room rental charges for weddings or special events

Visit SCCU.com/discount for a complete list of participating businesses and the special member pricing available to you.

Consumer Tip

Did holiday expenses sneak up on you? Prepare for next year with these two great savings options:

Christmas Club Account
Start saving with only $5! With a Christmas Club Account, you can make deposits of any amount at any time, or set up an automatic transfer from any of your SCCU accounts. Your Christmas Club balance is automatically transferred to your Share Savings account after October 31st.

My Way Account
Save your way with an SCCU My Way Account! You can name this account to match your savings goal. Members’ most popular names are: Vacation, Wedding and Taxes. There is no opening deposit or balance requirement, plus your account earns interest.

To learn more about these accounts, visit SCCU.com/savings.

What You Need, When You Need It

Membership
Membership is open to all who work or live in Brevard, Volusia, Flagler, Indian River, Orange, Osceola, Seminole, or St. Lucie Counties. As a member, profits are returned to you in the form of lower loan rates, fewer fees, and higher dividend rates on deposit accounts. All deposits are federally insured by the National Credit Union Administration up to $250,000.

Products & Services

SCCU has everything you need to run your household
and more!
  • Checking/Debit
    - Varied accounts to meet your needs
    - FREE debit card rewards

  • Credit Cards
    - Platinum Visa® with low rates & no hidden fees
    - FREE credit card rewards

  • Business Services
    - Complete range of business products
    - Local decision makers & fast loan approvals

  • Home Loans
    - Award-winning mortgage loans
    - Flexible home equity loans

  • Specialty Loans
    - Personal loans, signature loans, and more

  • Convenience Services
    - Free services to make running your life easier
    - Free Online Banking, Bill Payer, CALL-24 phone access, 24-hour Member Service support, and more

  • Auto Loans
    - Get pre-approved before you buy or finance at the dealer
    - Refinance your current vehicle

  • Investments & Insurance*
    - Licensed financial advisors to help with all your
    financial planning needs*

  • Savings
    - Multiple account types to help you reach your goal
    - CDs, Money Market accounts, and special My Way Accounts

Contact Us!
Brevard: 321-752-2222
Toll-Free: 800-447-7228

Space Coast Credit Union

News & Notes

Annual Membership Meeting
Thursday, February 19, 2009 6:00 pm
SCCU Baytree Headquarters
8045 N. Wickham Road, Melbourne

Holiday Hours
Lobbies and drive-thrus will be closed: Monday, January 19 for Martin Luther King, Jr. Day

For a listing of ATM locations, please visit SCCU.com/locations.

Personal Accounts Business Services Convenience Services Financial Services Loans & Visa Home Loans Careers