2014 1st Quarter
Matanuska Valley Federal Credit Union is currently accepting nominations for the 2014 Board of Directors election. The deadline is Saturday, February 1, 2014. All MVFCU Board members serve as volunteers and are either elected by the MVFCU membership or, under special circumstances, appointed by the Board of Directors.
You must be a MVFCU primary member in good standing to serve. If you are interested in serving on the board, or know someone who is, please call MVFCU at (907) 745-4891 or (907) 694-4891 no later than February 1, 2014.
Nominations by Petition
Members who desire to serve, and have not been placed in nomination by the Nominating Committee, may be placed in nomination by petition. The petition must be signed by one percent of the members (approximately 387 members). The petition must also be accompanied by a signed certificate from the nominee that states they are willing and able to serve, if elected.
Nominees shall provide a brief statement of qualifications and biographical data with the petition. All petitions must be received by the credit union on or before March 21, 2014.
Matanuska Valley Federal Credit Union is excited to announce the recent release of our new website, mvfcu.coop, designed with a fresh look and user-friendly navigation. The site is updated with the latest information about our services and products.
The main goal of the new design is to make the new website simple to navigate, allowing users to quickly find information you are looking for. We launched the new site December 16. We hope you will return to browse the new site, finding more useful information each time, and that it will be yet another tool in helping our members build better financial futures!
By Al Strawn
Credit unions were established to make loans for provident and productive purposes. Provident means to be "careful about planning for the future," and productive is "doing or achieving a lot, working hard, and getting good results."
I'm a baby boomer, and like many others I idolized the Beatles as I was growing up. Their sound was so new and exciting. John, Paul, George and Ringo were bigger than life and they seemed to have the world by the tail. With crowds of screaming fans hanging on their every word, they shaped the thinking of many young people.
JFK was in the White House, and a new generation was coming of age. I still remember Sunday night watching the Ed Sullivan Show and the Beatles started with I want to Hold Your Hand. For me, I was completely twitter-pated by the simple lyrics of young romance.
Like many who came of age during the 60s, my young virtue and idealism quickly turned to an obsessive drive to achieve the "American Dream." The words of our songs had changed: "The best things in life are free, but you can keep them for the birds and bees, now give me money (that's what I want)."
Unfortunately for many, debt has become too easy to obtain. Rather than provident and productive purposes, it is used to live a lifestyle beyond our means. Debt can become bondage, and for some, an addiction. It is time to "Get Back, Loretta!"
"Money never made a man happy yet, nor will it. There is nothing in its nature to produce happiness. The more a man has, the more he wants. Instead of filling a vacuum, it makes one."
~ Benjamin Franklin
Our mission at MVFCU is to help you achieve your financial goals. We want to be your trusted financial partner. If you are struggling with the issue of excessive debt or know someone who is, please take this article to heart. We are not here to condemn; rather we are here to be a source of help! Our success is measured one member at a time, building a better financial future.
Shared Branching has a new logo but the same personal service at branches across the country. Instead of seeing the CU Swirl logo at Shared Branching Outlet locations you will start to see the
CO-OP Shared Branching logo.
You will still get the same person to person assistance with your accounts, even when you are far from home. You will still have the ability to make deposits, transfers, account inquiries and much more at more than 5,000 convenient branch locations and more than 2,000 self service locations covering all 50 states.
You can easily locate a shared branching outlet wherever you are through any of our locator tools, including phone, mobile application for shared branching or on the Internet. Locate an outlet now at co-opsharedbranch.org or call (888) SITE-CO-OP.
Real Learning, Real Impact
In late November, MVFCU hosted a 'Get REAL' Financial Reality Fair at Chugiak High School. The fair was an overwhelming success with nearly 45 young adults attending.
With more than 30 volunteers from MVFCU and from throughout the community, we were able to coach each of the students through their individual fictitious life scenario; helping them realize on their own the answer to the age-old classroom question: Why do we have to learn this? Many were shocked at what it took to live on their own! Here are a few things they had to say:
"This was a fun way to get a reality check!"
"This was an absolutely awesome experience. I'd advise others to do this too because I had a great time."
"The 'Wheel of Reality' showed us that you need to have a plan for unexpected expenses."
The fair made a huge difference for many students and hopefully helped save them from some costly mistakes in their future. A special thank-you to those who were able to volunteer and make this a memorable event for the students! Here is some of the wonderful feedback we received from our volunteers:
"This was a lot of fun and well organized! The young adults seemed to really enjoy themselves too."
"I thought it was so good. Students were great, sharing option sheets. There was good discussion between students."
"What a great group of students, they worked very well together and were remarkably enthusiastic about the event!"
"I think it went great because the students had to think for themselves."
If you want to be a part of the next financial reality fair or know someone from our community who would be a great fit, contact the MVFCU Marketing Department at (907) 745-4891, or Visit our Facebook page at facebook.com/GetRealAK for more information and to view vidoes of previous Reality Fairs. We hope to hear from you!
Planning for retirement is never easy, and maneuvering through Medicare rules and regulations is one more step in an already confusing process. If you are retired or nearing retirement, you have probably considered the role Medicare will play in your future, or maybe you would like additional information to help a loved one through the process.
During this seminar you'll find out more about Medicare rules and how retirement income planning can help you maneuver those rules. You'll learn about:
- Medicare "basics" and the differences between Parts A, B, C and D
- Tips for choosing your coverage and enrolling in Medicare
- How to consider health care costs when planning your retirement income
This no-cost, no-obligation seminar is hosted by Jodie M. Smith, the Financial Advisor with Matanuska Valley Financial Services located at Matanuska Valley Federal Credit Union. For more information or to reserve your place, call (907) 745-9182. Space is limited, so make your reservations today.