♦♦♦ Manager's Message ♦♦♦

FEBRUARY 1, 2010

PLEASE BE ADVISED THAT A NEW SCAM IS BEING CIRCULATED TO TRY TO OBTAIN MEMBER'S CONFIDENTAIL INFORMATION. THIS EMAIL FALSELY CLAIMS TO BE FROM THE NCUA (THE NATIONAL CREDIT UNION ADMINISTRATION) AND STATES:

AFTER THE LAST ANNUAL CALCULATION OF YOUR FISCAL ACTIVITY WE HAVE DETERMINED THAT YOU ARE ELIGIBLE TO RECEIVE AN NCUA REFUND OF $990.55. PLEASE SUBMIT THE NCUA REFUND REQUEST AND ALLOW US 3-5 DAYS IN ORDER TO PROCESS IT.

IT THEN DIRECTS YOU TO COMPLETE A FORM PROVIDING ALL OF YOUR PERSONAL INFORMATION. YOU ARE DIRECTED TO SUBMIT THE INFORMATION ELECTRONICALLY AND ADVISED THE REFUND WILL BE MADE FROM YOUR INDIVIDUAL CREDIT UNION.

AGAIN, THIS IS A SCAM. DO NOT PROVIDE ANY INFORMATION.
 

IF YOU HAVE ANY QUESTIONS OR RECEIVE THIS EMAIL, PLEASE FEEL FREE TO CONACT OUR OFFICE.

EXCITING NEWS!

YOUR AMBRIDGE AREA FEDERAL CREDIT UNION HAS OPENED A STUDENT BRANCH AT

AMBRIDGE AREA SENIOR HIGH SCHOOL!

Students and faculty are now able open and access their AAFCU accounts at the high school. The Student Branch is located in the School Store near the cafeteria and is open two to three days a week during all lunch periods. Two of Ambridge High School's students are helping manage the Branch, seniors Samantha Fitzgerald and Amy Matousek.

Sandy Kowal

WE ARE!    

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BEAVER VALLEY CHAPTER OF CREDIT UNIONS SCHOLARSHIP

 REQUIREMENTS: 

1. Applicant must be a member in good standing for at least 6 months at a credit union that is a member of the Beaver Valley Chapter of Credit Unions.
2. Applicant must be a high school graduate as of July 1, 2010.
3. Applicant must have a grade point average of at least 2.5 for the previous semester and it must be reflected on the official transcripts.
4. Applicant must be pursuing an accredited two-year degree, four-year undergraduate degree, or full-time job preparatory program at an accredited trade or technical school.
5. Applicant must complete and submit a typed or printed Beaver Valley Chapter of Credit Unions scholarship application and the requested information on the application.
6. Applicants may apply annually if they have not received a scholarship from the Beaver Valley Chapter of Credit Unions.
7. Five $500 scholarships will be awarded annually and a panel of judges from outside the Chapter will select recipients.  Judges will base their decision on the neatness of information provided, the list and description of participation in activities, the statement of personal goals, the content of essay and the correct English usage.  In the event of a tie, the deciding factor will be the applicant’s community service participation.
8. All applications and required information must be received by March 15, 2010 and sent to the following address only:

                                               Ambridge Area Federal Credit Union

                                               Attn:  Beaver Valley Chapter Scholarship Committee

                                               

   401 State Street

                                               Baden, PA  15005

9. Selected recipients will be notified no later than April 30, 2010 and will be invited to attend a meeting to receive their scholarships.

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Type of Institution (check one)

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Signature                                                                                                                        Date

New Benefits for Ambridge Area Federal Credit Union Members

American Income Life Insurance Company (AIL) has been providing no cost benefits for over 50 years.  They have partnered with credit unions to provide additional benefits for members and increase the value of the credit union.

With the AIL program, every member is covered for $3,000.00 of Accidental Death and Dismemberment, covering loss of life, limb and sight.  This benefit is at no cost to the credit union or the member.

With the rising costs of healthcare, AIL is providing no cost Health Service Discount Cards for members as well.  This discount card provides up to 60 percent off out-of-pocket expenses resulting from hearing, vision, chiropractic and pharmacy care/needs.  Other no cost benefits include Child Safety Kits, Family Memorial Guides, Idenity Theft Protection Guide and Social Security Accumulation Request Forms.

Each member receives a new benefit packet notifying them of the new benefits they now have by being a member of the credit union.  A beneficiary card has been included for those that would like to designate their beneficiary.

If a beneficiary card is sent in, AIL is bound to try to verify the beneficiary information.  AIL will then make an appointment to deliver the certificate of insurance, Health Services Discount card and other no cost programs.  If the member needs supplemental life insurance programs, AIL will be able to provide them more information on current, low-cost programs.

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