North Alabama Educators Credit Union

Spring 2014

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IS IN SESSION WE ARE AN EQUAL CREDIT OPPORTUNITY LENDER. QUALIFICATIONS MUST BE MET ON ALL LOANS. RATES AND LOAN AVAILABILITY SUBJECT TO CHANGE WITHOUT NOTICE. YOUR LOAN INTEREST RATE WILL BE DETERMINED BY YOUR CREDIT WORTHINESS AS WELL AS OTHER FACTORS, SUCH AS THE LENGTH OF YOUR LOAN. SAVINGS FEDERALLY INSURED UP TO $250,000 BY NCUA. CONNECT START FOLLOWING US ONLINE TODAY! WITH YOUR FRIENDS AT THE NORTH ALABAMA EDUCATORS CREDIT UNION (NAECU). WELCOME NOT FOR PROFIT, NOT FOR CHARITY, BUT FOR SERVICE! IN THE SPIRIT OF THE North Alabama Educators Credit Union philosophy— "Not for Charity, not for Profit, but for Service"—we are pleased to bring you Together, a publication designed to inform and inspire your financial decisions. Inside, find articles about getting the best deal on auto financing, NAECU's community outreach efforts, avoiding scams and fraud, personal finance lessons for middle- and high school-age kids, and understanding credit scores, among other topics. We hope that you enjoy this premier issue of Together and find that it furthers your financial outlook today and tomorrow, and better connects us to you and the community. Sincerely, Greg Olmsted PRESIDENT/CEO NAECU WE'D LIKE TO THANK YOU—our very generous members—for the help and support you provided for two community causes close to our hearts: Crisis Services of North Alabama and the Huntsville Hospital Foundation. As a result of fundraising in 2013, we were able to present a $2,200 check and other goods to Janet S. Gabel, Executive Director of Crisis Services of North Alabama, and a $2,300 check in honor of breast cancer awareness to Candy C. Burnett, CFRE, President of the Huntsville Hospital Foundation, at our 58th annual membership meeting this past February. LET'S FACE IT—the learn-as-you-go approach to financial literacy can be very costly; yet many schools are unable to provide students with financial lessons due to limited resources. That's where the National Endowment for Financial Education (NEFE) comes to the rescue. NEFE—a private, nonprofit, noncommercial organization—provides free personal finance lesson plans, workbooks, and more to teachers, parents, and students in grades 8–12 through the High School Financial Planning Program (HSFPP). Visit HSFPP.org to download digital resources or order print materials focusing on six areas of financial planning, including: → Borrowing → Earning → Financial services → Insurance → Investing → Planning North Alabama Educators Credit Union shares NEFE's belief in the importance of teaching children and young adults how to manage personal finances. t Together! Yo Ar S Kin! FINANCIAL CLASS COMMUNITY OUTREACH SEND AN EMAIL TO FEEDBACK@NAECU.ORG TO ARRANGE FOR AN NAECU INDUSTRY SPEAKER ON FINANCIAL LITERACY. Withou yo, givin bac t th communit• woul no b p•sibl. -an yo for your suppor! NOT FOR PROFIT, NOT FOR CHARITY, BUT FOR SERVICE NAECU.ORG

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