Blaw Knox Credit Union-Newsletter Oct-Dec 2023

INTERNATIONAL CREDIT UNION DAY

 “Celebrate the global credit union movement”

 A mission to bring financial inclusion and well-being to people all over the world.  This year we mark this celebration’s historic 75^th anniversary.

Please join us this October 19^th in celebrating with give aways and drawings for prizes in honor of this special day.

 

UNCLAIMED PROPERTY - DORMANT

Remember to keep your account active!

The State of Illinois law governing unclaimed property states the presumptive period of abandonment for deposit accounts is 3 years.

As a result, accounts without any owner activity for a 3-year period will be turned over to the Illinois State Treasurer’s Office.

 We value our members and ask that you remember to keep your account active!

  

 

 CHRISTMAS CLUBS

Christmas Club accounts will be rolled into your savings account on November 1st. Once these funds are in your shares you can withdraw or move to your debit account using online banking or by calling the office. At this time, you may begin depositing into your Christmas club account for next year. The interest rate will be 1%.

The last date to open a new Christmas Club will be January 31, 2024.

 

BKCU IS A 5-STAR RATED CREDIT UNION

Blaw Knox Credit Union is proud to still be recognized as a 5-Star Superior Credit Union by Bauer Financial, Inc., of Coral Gables, Florida, the nation’s leading bank and credit union rating and research firm.

Remember that we offer:

• 12-month Certificates of Deposit
• Competitive loan rates as low as 3.75%
• Debit cards
• Real-time online banking & mobile banking
• Extended warranties
• Free Notary Public service for members
• E-statements

 

Dividends: On September 30, 2023 we paid 0.40% on all shares.

 

HOLIDAY SKIP-A-PAYMENT

Let BKCU help with your Christmas shopping or end-of-the-year expenses with Holiday Skip-A-Payment! For a fee of $25, members in good standing who meet the qualifications may opt to skip their December loan payment. An application must be processed. Call or stop by the office for all the details.

 

FREE CREDIT REPORT

As a consumer, you are entitled to one free credit report annually from each of the three main credit reporting agencies-Experian, Equifax and TransUnion. Just visit www.annualcreditreport.com to request your free reports.

 

DATES TO REMEMBER

BKCU will be closed the following days:

October 9^th – Columbus Day

November 10^th – Veterans Day

November 23^rd & 24^th – Thanksgiving

December 25^th – Christmas

January 1st – New Year’s Day

 

Accounts at Blaw Knox Credit Union are NCUA insured up to $250,000