Thursday, January 22, 2009

Annual Membership Meeting

Members of North Alabama Educators Credit Union are invited to attend the 53rd Annual Membership Meeting that will be held on Monday, February 9th. The meeting will be held at the Holiday Inn-Research Park beginning with complimentary refreshments at 5:00 PM. The meeting time has been moved up an hour earlier this year to help encourage member participation. Our offices will be closing that day at 4:00 PM so that our employees can help prepare for the meeting.

There will be a Grand Prize of $500 given away in a drawing to all eligible members of North Alabama Educators Credit Union. (The primary member is the person eligible for drawings and election voting). A total of $2,150 in cash prizes including the Grand Prize will be given away during the drawing held at the end of the meeting. One change this year will be that the drawings will be held from smallest prize to the Grand Prize. One of our members made this suggestion after last year to generate more excitement and interest in the drawing from start to finish.

The annual meeting business section will cover a brief discussion on financials, credit union news, and the election of officials as nominated by the Nominating Committee.

The entire Annual Membership meeting, including the drawing, should be completed by 6:30 PM or so. Make plans to attend the meeting and enjoy the fellowship of credit union members and employees. I look forward to seeing new and familiar faces at the Membership Meeting!

Friday, January 9, 2009

Invest in America Program

General Motors and Chrysler now have a national program available just for credit union members to receive discounts and special offers on top of any existing factory incentives. For General Motors, they have Supplier Pricing which is roughly 4.5% off of MSRP and Chrysler is offering between $500-$1,000 cash rebates in addition to any cash rebates or incentives available. This is a new national program that was just expanded from a successful regional pilot program in the Midwest. Discussions are in progress with Ford to offer a national program to credit unions as well.

Members of North Alabama Educators Credit Union are eligible for the “Invest in America” program as well. Our automobile loan rate is already very competitive with a fixed rate as low as 4.25% Annual Percentage Rate. (As of January 2009). Financing must be completed with the Credit Union to receive the special offer pricing from the participating manufacturers.

Below is the web site for information about the “Invest in America” program and how members can obtain the credit union member discounted pricing;