Q4_Winter_2024_enewsletter

A Message From Our President & CEO

Celebrating Progress & Exciting Plans Ahead

Dear Valued Members,

First, I want to share the most recent news of our merger with Texas Telcom Credit Union. On December 12, 2024, we received notification that regulators, the Board of Directors, and the Texas Telcom Credit Union members approved the merger with America's CU. This merger will expand our branch network and geography and add talented professionals, enhancing our ability to serve you better. Rest assured, there will be no changes to your membership or the services you currently enjoy. More information will be available on our website as we near the final integration of both organizations on July 1, 2025.

In addition to this exciting development, we have also accomplished several significant milestones in 2024 that we believe will add substantial value to your experience:

New Website Launch: In January, we launched our new website, designed to extend our branch network to provide seamless, round-the-clock access. This user-friendly platform makes exploring our products and services easier, saving time and enhancing your online experience.
Enhanced Statements: We revamped our statements in the spring for more transparent and accessible information. This change ensures that you can quickly understand your account details, making it easier to manage your finances effectively.

New Phone System: We implemented a new phone system to ensure faster and more efficient responses to your inquiries. This improvement ensures you get help quickly when you have questions or need assistance.

CreditScore by SavvyMoney: In the fall, we launched CreditScore by SavvyMoney, a free tool to help manage your financies and credit score. It lets you track your credit health conveniently on your mobile device helping you make informed financial decisions and achieve your financial goals.
90th Anniversary Celebration: Our 90th Anniversary Celebration included a nine-month series of community events, volunteering, and a popular Refer-A-Friend program woven throughout 2024. The events celebrated our long-standing commitment to the community and offered opportunities to connect and engage with fellow members while earning rewards.

Looking ahead to 2025, we’re poised to redefine the financial landscape with initiatives designed to position our credit union as a major contender in the industry, delivering top-of-the-line technology and an unparalleled member experience that sets new standards for service, convenience, and innovation.

Thank you for your trust and loyalty. We look forward to growing together and having another incredible year ahead!

Warm regards,

Bert Beal | President and CEO | America's Credit Union

A Message From the Chairman

Honoring the Past, Innovating for the Future.

As we approach 2025, I am very proud and grateful for the remarkable journey of America’s Credit Union. Since our founding in 1934, we have grown from humble beginnings into a thriving organization dedicated to empowering our members and strengthening our community.

This year, we celebrated 90 incredible years of service—a milestone that reflects our commitment to our mission of “people helping people,” and the trust of our members. From community events and volunteer efforts to our successful Refer-A-Friend program, our 90th-anniversary celebration highlighted the enduring partnerships that have shaped our story.

As we honor our history, we are also looking forward to the future with excitement. We are committed to building on the strong foundation established over the past nine decades, continuing to innovate and evolve to meet the needs of our members. By focusing on cutting-edge technology, enhanced services, and member-centric solutions, we set ourselves up for many more years of success and growth.

Once a year, I have the privilege of announcing the upcoming election of the Board of Directors for America’s Credit Union. This is a privilege because I take great pride in the commitment of our volunteer board. This year’s Nominating Committee is proud to announce the Board of Directors nominees for two positions that are expiring:

Larry Wadsworth, current Board Member, has agreed to seek re-election for a three-year term
Renee Bartlett, current Board Member, has agreed to seek re-election for a three-year term

As a member and an owner of America’s Credit Union, I urge each of you to attend the annual membership meeting on May 28, 2025, at 2:00 PM. This meeting will be held virtually. Details with a link will come in April.

On behalf of the Board of Directors and the dedicated team at America’s CU, thank you for being a vital part of our journey. Together, we are ready to embrace the opportunities that 2025 holds and beyond.

Here’s to an exciting future ahead!

Warm regards,

Chris English | Chairman of the Board | America's Credit Union

Up to 4.75% APY ¹ on Checking Accounts

Make the Switch In the New Year!

Your Kasasa Cash Checking Account can earn up to 4.75% APY ¹ on balances up to $25,000!

There are no minimum balance requirements or monthly account fees, providing a hassle-free way to save for whatever life throws your way.

Qualifying is Easy

Make at least 30 monthly debit card transactions, each at least $5.
Log in to mobile or online banking at least once during the month.
Opt-in to receive eStatements.
Fulfill all qualifications during the Monthly Qualifying Cycle.

Open Now

Drop Your Debt

Transfer Your Balance with Zero Fees and Save More!

Start Your Journey to Financial Wellness Today! Open a Visa® credit card today, and you will save money!

With features such as:

No balance transfer fee
No annual fee
No cash advance fee
Lower interest rates than other cards

More of your payments go towards reducing your balance instead of interest, helping you pay off debt faster and more affordably.

It's a smart way to take control of your finances, consolidate debt, and save money in the long run.

Apply Today

Cashing In Savings Bonds

To redeem your savings bonds at one of our locations, please ensure you meet the following criteria:

Membership: You must have been a member for at least the past 12 months.
Account Criteria: You need to have either:
- An active checking account in good standing for at least the past 12 months, OR
- Combined deposits of at least $5,000 in the past 12 months across qualified deposit accounts (primary shares, money market accounts, secondary shares, and CDs).

Please Note:

You can redeem up to $500 in total savings bonds per day.
We cannot cash bonds for more than two (2) consecutive days.

If you do not meet the requirements above or would like to redeem more than $500, we will provide you with an information sheet to assist you in redeeming your bonds directly from the US Treasury at TreasuryDirect.

You can schedule an appointment at one of our locations for more information or questions.

TreasuryDirect is the main resource for locating interest rates, final maturity dates, and additional information regarding all types of savings bonds.

Win Tax Season

Save on Tax Services! Plus, get a chance at $10,000!

We want our America's Credit Union members to come out on top this tax season. We're offering special discounts on tax services so you can land your best outcome for less. Plus, enter for a chance to win $10,000 from Love My Credit Union® Rewards.

Get Started Now

Refer-A-Friend

Got Friends? Get Rewards!

Why keep all the good stuff to yourself? Invite your friends to join the fun, and we’ll send some awesome rewards your way—because sharing isn’t just caring, it’s winning!

Earn a $75 cash bonus for each new member you bring to America’s CU.

Refering is easy!

Print the card by clicking below, or pick up a card at your nearest branch location.
Give it to your friend or family member.
Have them visit the nearest branch location and open an account with a checking account and direct deposit. ²
You get $75 and your friend gets $75!

Help us grow and celebrate the credit union's future—because together, we’re building something amazing for everyone!

Print Your Refer-A-Friend Card

Starting January 1, 2025, each person will receive $75 when a new member opens a checking account with direct deposit of $100 and up.* No limit to the number of referrals! Member needs to be 13 years or older to open a checking account.

Upcoming Holidays

New Year's Day - Wednesday, January 1

Martin Luther King Jr. Day - Monday, January 20

Presidents Day - Monday, February 17

2025 Holiday Schedule

Board of Directors

Chris English - Chair

Raul Mercado - Vice Chair

Dena Smith - Secretary/Treasurer

Renee Bartlett - Board Member - term expires 2025

Kevin Crawford - Board Member

RaFaye Nesmith - Board Member

Sandy Thornton - Board Member

Larry Wadsworth - Board Member - term expires 2025

Privacy Notice

Federal law requires us to tell you how we collect, share and protect your personal information. Our privacy policy has not changed. We DO NOT share personal information with 3rd parties. You may review our policy and practices with respect to your personal information below or we will mail you a free copy upon request if you call us at 1-888-742-6551 or 214-742-6551.

91st Annual Meeting

Save the date. Our 91st Annual Meeting is scheduled for May 28, 2025, at 2:00 PM. The meeting will be held virtually. Detailed information with the Zoom link will be available closer to the date.

Previous Annual Reports

Withholding Notice

Federal regulations require us to provide notice regarding withholding elections on your IRA distributions. If your estimated tax and withholding payments are insufficient, you may incur tax penalties under the estimated tax payment rules.

Your withholding election remains in effect for subsequent distributions unless you change or revoke the election. If you want your current withholding election to remain unchanged, no action is required.

You may change or revoke your election at any time. To make a new withholding election, call or visit one of our branch offices for assistance.

Disclosures

¹ APY = Annual Percentage Yield. APYs accurate as of 11/01/2022.

America’s Credit Union (ACU) Kasasa Cash account qualifications to obtain rewards are; enrollment in eStatements, log in to your online banking or mobile banking one (1) time per month, use your debit card that is associated with your ACU Kasasa Cash account a minimum of thirty (30) individual times with a minimum $5 purchase or more per transaction to earn a bonus reward or fifteen (15) individual times with a minimum $5 purchase or more per transaction for a premium reward. Account transactions and activities may take one (1) or more days to post and settle to the account and all must do so during the monthly qualification cycle in order to qualify for the account's rewards. "Monthly qualification cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle.

Limit (2) two Kasasa checking accounts per Social Security Number

 Reward Information: (1) Bonus Rewards - Receive APY of 4.75% APY on balances up to $25,000.00 (2) Premium Rewards – Receive APY of 2.50% APY on balances up to $25,000.00 (3) 0.70% to 4.75% APY on balances over $25,000.00 depending on the account’s balance (4) 0.01% APY on the average daily balance if qualifications are not met (5) Receive reimbursements of up to $25 monthly of nationwide ATM fees incurred during the monthly qualification cycle in which you qualified. (maximum $4.99 per single transaction).

 When Kasasa Cash qualifications are not met, ATM fees are not refunded.

 Dividends and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of 11/01/2022.

 A $25.00 minimum deposit is required to open the account. There are no recurring monthly maintenance charges or fees to open or close this account. Accounts closed during a monthly qualification cycle will not receive rewards.

 Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Refer to our Fee Schedule to see what fees could apply to your account.

 Contact one of ACU’s service representatives for additional information, details, restrictions, processing limitations and enrollment instructions.

 Federally insured by NCUA

 Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.

² Refer-A-Friend (RAF) $90 incentive will be deposited into referring members' account within 5 days of the new account opening. The referred new account will receive $90 RAF incentive within 5 days of the first direct deposit of $100 or more. Direct deposit must be made within 60 days of account opening. Must be 18 years of age to participate. RAF incentives will be reported as dividend income. Referred members must meet eligibility and account opening criteria.

News Updates

Board of Directors

Privacy Notice

91st Annual Meeting

Withholding Notice