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| "Your Money at Work" Fall 2008 newsletter |
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Your Money is Safe, Sound and Invested in a God-Honoring Way
During a period where even large banks are struggling, Christian Community Credit Union is humbled by the way God has so generously provided for us. His provision is rooted in the careful investment of funds into the lives and ministries that comprise the membership of Christian Community Credit Union. It is protected by the decision years ago not to engage in Sub-Prime Lending. It is protected by our faithful members who pay their loans on time. As a result of your faithfulness, we have had to face very few foreclosures in our history. And, as of 08/31/08, our capital position at 10.25% is very strong.
We’re a member-owned cooperative
The Credit Union is a member-owned, not-for-profit financial cooperative. It exists to serve the members - not profit from them. Credit unions do not issue stock and the value of a credit union does not depend on its stock price. Credit unions do not invest in the stock market.
A safe place for savings
The account insurance coverage at the credit union is higher than at most banks. Each account in the Credit Union is privately insured up to $250,000 by American Share Insurance.
Christians are looking for a safe place for their savings. A place that pays a good rate of return. We want them to choose Christian Community Credit Union. It is safe.
At Christian Community Credit Union, we have a strong capital base, we pay good rates. Most importantly, we invest your funds in a God-honoring manner.
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Emmanuel Community Church
Palm Harbor, FL |
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Your Money Making a Difference in God’s Kingdom
At Christian Community Credit Union, your money is at work building God’s Kingdom. The money you deposit into your accounts helps provide affordable financing for churches to expand their worship facilities, build classrooms or purchase a property. These loans make it possible for them to better serve their members and communities. Your deposits at the Credit Union make it possible for us to fund these Kingdom-building projects:
• Alton Community Church, Alton, NH—Expansion of the sanctuary to provide space for Christian education, youth area, fellowship, and office space.
• Atherton Baptist Homes, Alhambra, CA—Funding for large construction project.
• Emmanuel Community Church, Palm Harbor, FL—Construction of new sanctuary.
“Christian Community Credit Union worked with us hand-in-hand and understood our ministry goals. We appreciate the courteous, professional way we have been treated. We may be a small church, but we have a big booster and ministry partner in the Credit Union!”
Rev. Paul Norcross, Pastor
Emmanuel Community Church, Palm Harbor, FL
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Refer Someone to Apply for “The Card that Gives to Missions”
Get a $25 Visa gift card or 2,500 reward points when they’re approved!
The spirit of giving is never ending at Christian Community Credit Union. Through our “Cards that Give to Missions” Credit Card Program, we’ve pledged $232,500 for “Launch a Village”—a tribal development project in Northern Thailand. Our goal is to launch three villages in two years by providing water and sanitation resources, micro enterprise lending, building a school, health clinic and more.
Share this unique, Kingdom-building and life-changing project with your family and Christian friends. Encourage them to apply for the Credit Union’s Platinum Rewards
Visa—“The Card that Gives to Missions.” When they’re approved, we’ll give you a
$25 Visa Gift Card or 2,500 reward points on your Credit Union credit card as our
way of saying “thanks!”
If you don’t carry the Platinum Rewards Visa, why not apply for one yourself? Refer someone today! Call 800.347.CCCU ext. 4555 or email info@mycccu.com.
Credit card referral promotion expires Dec. 31, 2008 and is designed for personal individual referrals only. $25 Visa Gift Card or 2,500 reward points will be awarded to referrers of approved credit card applications within 6-8 weeks after promotion ends. Promotion cannot be combined with the Credit Union’s “Membership Makes a Difference” program to churches and ministry groups.
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2008 Donation Goal: $240,000
Amount raised as of September 2008: $180,000
Apply for the card that gives to missions and earns rewards!
Call 800.347.CCCU or visit myCCCU.com/cards |
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Funds Needed to Help Finance Church Loans!
The Church Builder Certificate |
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Higher rate and eternal rewards.
• Flexible term option from 7 to 18 months
• $1,000 or more to open
• New money only
Christian Community Credit Union needs extra deposits now to meet the financing needs of churches who are purchasing, building and expanding their facilities this fall. You can help by opening a Church Builder Certificate. If you have money deposited elsewhere, why not put it at Christian Community Credit Union? Your money will be working to build God’s Kingdom by helping provide affordable financing to churches as they fulfill their vision for growth and expansion.
Open a Church Builder Certificate today!
Go to myCCCU.com/churchbuilder or call 800.347.CCCU ext. 4525.
APY = Annual Percentage Yield. New money is money that is not already on deposit at Christian Community Credit Union. Offer is for funds deposited or transferred from non-Christian Community Credit Union accounts only. Funds on deposit cannot be withdrawn and re-deposited in order to obtain a Church Builder Certificate with new money only. The Credit Union reserves the right to make the sole judgment as to whether or not the deposited funds are considered new money. A withdrawal will reduce earnings. A penalty will be imposed on early withdrawal from certificates. Rate effective 09/03/08 and is subject to change without notice.
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Money Matters from the Word
“And God will generously provide all you need. Then you will always have everything you need and plenty left over to share with others.” 2 Corinthians 9:8 (NLT) |
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Homeownership Isn't Just a Dream
At the Credit Union, we can help you finance your home and make your dream home a reality. Whatever your needs are, we have the right home loan to suit your budget.
Lending with integrity
We are driven by our mission, not by commission. You can count on us to meet your home loan needs with your best interest at heart.
Apply online at myCCCU.com/mortgage or call our Home Loan Specialist at 800.347.CCCU ext. 4502 for current rates and answers to your questions.
*APR=Annual Percentage Rate, effective 09/03/08 and is subject to change without notice. Rates are based on
1 point. Closing cost associated with this loan. For refinance loans with cash out, the maximum loan-to-value ratio
is 75%. A 3-year reprice/call option on above rates applies and is subject to increase or decrease. All rates apply
to single family dwellings that are owner-occupied. A one time membership fee of $5 will be added to your loan
for new loan only members.
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 Now Accepting Nominations |
| The Nominating Committee is accepting nominations for two positions on the Board of Directors and one position on the Supervisory Committee for 2009. Members interested in running for one of the positions may submit their names for consideration.
Applications must be submitted to the Nominating Committee by November 14, 2008 and should be sent by certified mail along with a return-receipt request to: Nominating Committee, Christian Community Credit Union, P.O. Box 9001 San Dimas, CA 91773. The Nominating Committee will select qualified nominees by November 20, 2008.
Nominations can also be submitted by petition and should include a request to be placed on the ballot with the petition signed by at least 100 members. A candidate must give written consent to the nomination. The nomination by petition must be submitted to Christian Community Credit Union by December 5, 2008.
For a nomination application, please call 800.347.CCCU, ext. 6210.
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APY=Annual Percentage Yield | APR=Annual Percentage Rate
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