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Show Open House 9:00 a. in lo 2:00 p.m. Saturday Continued from Front Iage) ctilixe Assistant, James I. Emer- with fast, more efficient serson. Cl' Manager. A. T. Rulx-rtx- , vice. In addition to regular serCU President ami Jac k elsh, vice that has liecu available to an original memlx'r from Benicia uiemlK'rs in the past, now availcut a $100 nblxin. able are safety dcjaisit I Mixes, The riblxiii made up of crisp, and a drive-iwindow where new $1 lulls will lie given away business can lie transacted from as a prize during the open the automobile. house. Other gifts include an Hie new building also proAM FM stereo with 8 track vides uicmliers more privacy player, a wrist watch and numwhen conducting their business, erous other gifts. and the role of the Credit I'nion THE TOOELE Federal Cre- as a financial advisor has lieen dit Inion is one of the fastest greatly increased clue to the financial institutions growing offices. of the Ml hough the Tooele Federal Credit I'nion is mcmlter-owoeand controlled, due to its tinuing growth, all memliers concan- not possibly partniiate hi tbe dav to day management. They elect officials and lure emplovees to assist these in carrying on the huge and active daily bust ness. These officials and employee's are responsible to the memliers for the management of their business. Join Your Crnlit Union THE STRUCTURE of the credit union consists of many organiatinns and positions all of which are extremely iiiqxirt-an- t to the effectiveness and efficiency of the union. Some of the responsibilities of four ejements of the credit Co-Make- P. Emerson, co-sig- n full-tim- e head-cjuarter- able s insurance lienefits poswith individual savings accounts. Stop by your credit union or give us a call, and well lie glad to explain the lienefits of family memliership. Your credit union thats where you Ixdong! sible (Cm ( dim ccout msumo to sroooc fS: NCUA any-Ixxl- Before signing, consider these are welcome at your credit union. Theres no lietter way to teach your youngsters alxmt thrift . . . how to save. . . how to establish credit. . . how to make the wisest use of their money. . . than by setting them up with a credit union savings account in their own names. Wives are welcome as mein-liertoo. And there are valu- r? The next lxst thing lo lending your own money to a, friend is to serve as a comaker when he tmrrows from someone else. for But Ixdore you soild Ixdler know what s involved. Youre saying, in effect: If this jiersoii dx'snt pay what hes Ixirrowed. I will. Family Memliers Credit dent, James Inion Manager; Jack Welsh, M. Earl WimkI, Byron WimkIs and John Davis. CREDIT COMMITTEE: Act on loan applications, counsel memlx'rs in wise use of credit union are: counseling and MEMBERS: Elect the in Tooele County hasing grown at approve requests for share The main office of the Crewithdrawals and extension or from $1,068,000 in August 'tf2, dit Inion was formerly located annual meeting, capable manageof loans. to its present size of over refinancing the credit in Building 61 I (located in the ment to manage MEMBERS (100,000. OF the Credit union. of the depot). Operations area Memliership in that time has This facility is still lieing run the Committee are Goldie Honey, DIRECTORS: Provide grown from 4, .'100 to 7,050 and is on a basis, offering general direction of the credit chairman; John Montoya, John still growing. full Credit I'nion services. In union according to the credit Davis, Richard Dillard and Pat Visitors to the Grand Opening addition to this office the Credit union Act, regulations and byWesterkamp. are advised that a pass or badge I'nion operates six other branch laws. Establish general loan SUPERVISORY Committee will not lie required to attend offices on a part time basis. policies and declare dividends Conduct critical examinations of the open house. Enter the depot The 7.000 memliers are ex- on credit credit union affairs, including earnings. Appoint through the main gate and pro- tremely proud of their new members to various posi- audit of I looks, to insure that union ceed west to the intersection and cordially invite memtions within tbe organizational business and monies are being where the main guard house bers, father, mothstructure and to hire employees bandied properly. used to c, then turn south er and children lo visit them Memlx'rs of the Supervisory to carry on daily operations. where .signs and traffic control Saturday during the Grand Openare Doris Orlando, Committee Memliers of Board of the personnel will guide you to the ing of their new main offices, M. Earl Wood, Oletha chairman; located on Tooele Army Depot, Directors are A. T. Roberts, parking lots. Fowler and LeRov Florine Cook, President bv the Board), THE NEW building has lieen about four miles south of Tooele (elected Nelson. M. members PresiCU Vice Donald to Citv. Orlando, provide designed v Wliai Is A It s where you Ixdong. And when you lielnug, vou know youve made a place for yourself. When you Ixdong, it all Ixdongs to you. And heres why: At your credit union, youre not just a customer. Youre a part owner. You have a voice in your credit unions affairs and your vote counts the same, no matter how many shares you own or how much you have Ixirrowed. That's what makes a credit union different from any other financial institution. It's more than a place to save, more than a place to Ixirrow. It's where you BELONG! tilings: 1. Read the note and application to see how much you are signing for. 2. Know the person for whom you're signing. 3. Dxs he pay 4. How his bills? long has he lieen em- ployed? 5. How long will he lie employed? 6. If he left, would he still pay the loan? 7. Can you afford to pay off the loan if he does not? Reasons of for the original Ixirrow er have no effect on the situation in the eyes of the law. The lender can collect from the matter why a note no is not paid. So, should you lie asked to serve as a make sure you give it some highly considerate thought. It could have effect. Tax Time Again For many of us. this is a very "taxing" time of year. There are federal income taxes to pay, state taxes, real estate taxes, taxes of all kinds. . . and the tax folks usually want to lie right NOW! paid in full If you need help meeting your 197.3 tax bills, see your credit union . . . You can borrow conveniently at just aliout the lowest rates anywhere. . . and you get warm, helpful, sympathetic service too. Your credit union can also help you lieat the tax probif you .start now to save at your credit lem next year union,, so you'll have the money next year when you need and the diviit. Its handy to save at your credit union dends rank with the Ix-s-t anywhere. Dont let tax problems get you down. See your credit union for a tax loan. . . start a savings account for next year. We give friendly financial counseling tcxi at your credit union. S 614 r N eSw-x- Since August 1962 Building 614 housed the main office of the Tooele Federal Credit I'nion. In that length of time assets of the CU have grown from $1,068,000 to $8,794,557. It was due to this fast and continued growth that the Board of Directors, with the concurrance of the membership, decided to construct a new building. The main branch office of the CU is still located in this building. Services Offered By Credit Union Members receive a 6 percent dividend which is paid quarterly. For the quarter which ended December 31, an extra 'i of 1 cent was declared bv the per all 4, Since January 1971, Board of Directors. accounts of members up to a LOW COST loans. balance of $20,000 have been inorders at a cost of Money Credit National the sured by 25 cents per $100. Union Administration, an agency Free Notary Public service. of the Federal Government. This Loans Service PERSONAL insurance is similar to and op- which is advance credit approverates like FDIC and FSL1C. ed up to $2,000. rhis means that each members Reference Books, consumer ihare account is insured bv the information (cars, trucks, camp$20,-0to ederal Government up ers, mobile homes, etc.) Travelers Checks. Some are for 50 cents per $100, available Other services available to and others are available at no he members are: cost to the member. , CREDIT AND budget counsel-ngSI1URWAY secured loans, friend-- y provided by qualified, shares with an annual percentby personnel. U.S. age rate of 9 per cent. Cashing and selling of Student loans which are Fed erally insured. Variable interest rates, depending on the kind of loan w'ith annual percentage rate of 12 per cent, 9 6 per cent and 9 per cent. VACATION and Christmas savings accounts which pay quarterly dividends. home FI! A improvement loans with lowest interest rates, and Federally insured. Credit disability insurance on loans. Insurance for members homes and vehicles. Safe Deposit Boxes. Fay ourself First best intentions to to go the wav of miscellaneous irv spending, a new approach. Save first before you spend. Decide how much you want to keep for yourself every payand pay yourself first, day with a deposit in vour credit union savings account. Convenient payroll deductions make it even easier o(1 never miss what you dont tale home. You wont miss the money-b- ill youll be amazed at how fast your funds pile up with the help of generous dividends from your credit union. ( And Life Savings Insurance on insurable balances gives you added If your save Constructed at a cost of $250,000 this structure now houses the main offices of the Tooele Federal Credit Union. The new facility is equipped with private offices, two storage vaults, drive-iwindow, safety deposit boxes, and kitchen facilities. Building is located on Tooele Army Depot. n Why Not A Savings Account For Every Family Member Whats The Difference? seem What kind of savings account is right for each one of you? Stop in and talk it over with our savings experts. Lets design a profitable savings program that best fits your familys needs and goals. Here are some of our most popular accounts. INDIVIDUAL ACCOUNT For one person only. As sole owner of this account, you control it completely during your lifetime. No one else can withdraw from it. In the event of death, the account balance is paid out as you have indicated in your will. Should you die without a will, the balance is paid out as determined by the probate procedures of this state. JOINT ACCOUNT You may also own an account jointly with one or more other Joint accounts are persons. not necessarily) (but usually owned by members of the same family, such as husband and wife, parent and child, grandparent and grandchild, etc. Ordinarily, each owner of a joint account may add or withdraw without the signature of the other owner. You may, however, arrange to open a restricted joint account, in which no withdrawals are possible without vour signature. Or you can specify that 2 or more joint owners must sign to make withdrawals. In event of the death of one Where you save or borrow joint account owner, the account does make a difference a difbecomes the sole property of ference thats not measured in the surviving owner(s). ACCOUNTS FOR MINOR CHILDREN Open one of these for each child in your family as soon as the youngster is old enough to sign his name for identification. This account is ideal for and some of the dollars the child earns through his or her own efforts. It will help to build a lifelong savings habit. When your child can buy a bike or realize some other goal substantially on his own plus the extra dollars his account earns, he learns a valuable lesson. y dollars and cents. Only at your credit union are you a member. Only at your credit union do you have a say in the operations of the institution. Only at your I credit union does your vote I count the same as anyone elsesl no matter how much you have in savings, or how much you I borrowed. Your credit union is the only I I truly democratic, member-owne- d financial institution around. And thats a big difference. Your credit union its where you belong! |
