Fall prep is in the air
From Debbie Stang, Home Loan Officer
With fall in the air, it’s a good time to do some fall cleaning and work inside and outside your house as you prepare for the colder temperatures of winter.
Take advantage of days with warmer temps to open up the windows and give your house a good fall cleaning. You’ll be giving your home one last chance to breathe before closing up windows for the winter, plus you’ll be providing adequate ventilation for any heavy duty cleaners you may use.
Now is the time to ensure you have clean or new filters so your breathing air is suitable while you’re snugly enclosed in your home during the winter. Check your furnace, too, to help thwart a breakdown when you need it most.
Speaking of your furnace, you’ll want to make sure you don’t let any of that valuable warmth escape into the winter air so check doors and windows for leaks and make appropriate repairs.
You’ll also want to spend some time outdoors while you can, making repairs to cracked sidewalks and driveways, cleaning out gutters and checking for faulty siding and roofing. Cold weather can make any of those unchecked items worse.
If you really want to get down and dirty, fall is a great time for landscaping. Fall is ideal for such things as aerating, fertilizing and treating your lawn and planting bulbs for that welcome spring splash of color. Plant new trees and shrubs. The cooler temperatures put less strain on new plantings and allow them to establish over the winter.
If you are in need of a home mortgage, refinancing, or a home equity loan, remember you can apply online for loans with Mid American. Go to the Buying a Home link to apply for mortgages, and to the Loans section for home equity and second mortgage applications.
Honoring those who serve: Mid American to dedicate flag plaza
By Jim Holt, President/CEO
In October, Mid American Credit Union will dedicate a new flag plaza on the east side of our main branch at 8404 W. Kellogg. While this plaza gives us a place to proudly wave the flags of our country, our state and our credit union, it also will be a public place for us to thank those members who have volunteered to serve on our board of directors and associated committees.
We will dedicate the plaza during Member Appreciation Week, at 11 a.m. Tuesday, Oct. 16, with the unveiling of three bricks engraved with the names of three longtime chairs of past boards: Dr. J.R. Berg, Sue Ann Shelby and Kevin Polian. While all are now deceased, the leadership these three individuals provided during their years of service helped lay the groundwork for the success Mid American now enjoys. Thus we will be memorializing them as the first to be honored in our flag plaza.
It also seems appropriate we recognize them during our annual Member Appreciation Week, when we take time to re-examine the vital role that members have in our structure, leadership and ultimately the products and services we provide.
We are making available the opportunity to honor other volunteers, staff members and others who’ve been important to Mid American. A limited number of bricks, either in the standard brick size of 4x8 inches or the larger size of 8x8 inches, will be available for engraving with the name of those individuals at the cost of $25 for the smaller brick and $50 for the larger. Proceeds will benefit financial literacy efforts of Mid American Credit Union and our Consumer United Program, a nonprofit entity focused on consumer and financial literacy.
If you would like to participate in honoring someone in the flag plaza, please contact our Marketing Department, 316-722-3921, to make arrangements.
New branch managers for Ark City and Credit Union Service Center
There are new managers at the helm of Mid America’s Arkansas City branch and at the Credit Union Service Center, which Mid America administrates, but they’re no strangers.
Mary Hamilton, the former branch manager at the Arkansas City branch, has become the new manager at the Credit Union Service Center, located near the intersection of 31st and Meridian in Wichita.
Travis Colibert, who was formerly in charge of the Coleman branch, is the new manager for the Arkansas City branch, 1610 N. Summit.
New online feature available for outside transfers
Mid American members can now transfer funds from their Mid American account to another financial institution through a new feature on Desktop Banking.
You will find this feature listed as Outside Transfers. You will need the routing or ABA number and account information at the other institution to complete the transfer. You also will be able to move money from another institution – for a loan payment, for example - to your Mid American account.
Click here for further instructions.
Change PIN at ATM
Effective July 10, 2012, members will be able to change their PIN at Mid American-owned ATMs. “PIN Change” will be an option on the Transaction Selection Screen. If the member chooses this option, they will be prompted to input a new PIN. Subsequent transactions will require the new PIN.
New Student Loan Partnership
Mid American Credit Union HAS PARTNERED WITH THE LEADING PRIVATE STUDENT LOAN SOLUTION FROM NOT-FOR-PROFIT CREDIT UNIONS
PAYING FOR COLLEGE JUST GOT EASIER
Recognizing the need for private student loans for its members, Mid American Credit Union is proud to refer students and their families to the cuScholar Private Student Loan, which is available through the cuStudentLoans network of credit union partners.
With college enrollment at an all time high, paired with the escalating cost of tuition, cuStudentLoans provides families with a complimentary product to assist them with funding higher education. The cuScholar Private Student Loan can help pay for all qualified education expenses, including tuition, room and board, books, computers, even past due tuition bills. This private student loan option also includes a unique financial literacy component that helps students learn good credit habits and build their credit scores while they are still in school
“We are great believers in assisting members with their education needs. We currently have some great ways to save for school and connections to scholarship opportunities. We are very excited to be able to refer a credit union managed private student loan product to our members who may need additional assistance,” said Jim Holt, Mid American Credit Union's President/CEO. “With the price of college on the rise, students and parents are finding it difficult to afford higher education. This private student loan takes over when federal funding is exhausted, which allows students to focus on learning, not wondering how to pay for the next semester.”
cuScholar Private Student Loan Benefits:
- - No origination fee
- - Low rates, and with good grades get even lower rates
- - 1% interest rate reduction once 10% of the loan principal is repaid during the full repayment period
- - 30-day no-fee return policy allows you to cancel the loan if you find a better option
- - No cosigner required for creditworthy student borrowers
- - Email statement and small monthly $25 Proactive Payment that help build a credit score while still in college
Making your home a seller
From Debbie Stang, Home Loan Officer
There’s more to selling your home than putting up a “For Sale” sign in your yard. If you want to change that sign to “Sold,” here are some tips from the National Association of REALTORS and other experts to make your house a standout.
Create curb appeal.
Springtime is approaching so it’s the perfect time to enhance the exterior of your house and make sure your landscaping creates a good first impression. Keep the lawn cut and watered. Trim hedges and weeds and spruce up flower gardens. Make sure driveways and walkways are in good repair.
Fix any peeling paint on doors and windows. If your home needs it, give it a fresh coat of paint. Or apply a fresh coat of paint to the door. Don’t forget to declutter the yard of bikes, toys or other such items. Bring splashes of color to your deck or patio with potted flowers or adding bright pillows to outdoor furniture.
Set up an inviting home.
Besides decluttering, deep cleaning and making small repairs inside, you’ll need to stage your home so that potential buyers can see themselves living in there. You may need to rent an offsite storage unit to store unused items, such as furniture and seasonal items, plus other things as you start decluttering your home.
It may be hard, but you’ll need to take the mindset that your home is now a house, a product to be sold. Start packing up the personal items, such as photos. Paint walls neutral colors. Remove some furniture to make rooms appear larger. Pack up the knickknacks and declutter the bookshelves. Organize cabinets and closets.
Some other creative ways to enhance your home include the use of mirrors to give an illusion of larger space. Tie ribbons around towels in your bathroom and set out a basket of scented soaps to give your bathroom a spa feel.
Mid American repeats win of state financial literacy award for kids’ camp courses
For the second year in a row, Mid American Credit Union has won the state-level Desjardins Youth Financial Education Award, the Kansas Credit Union Association announced Tuesday, April 24.
As the first place winner, Mid American will go on to compete in the national credit union competition, sponsored by the Credit Union National Association.
Mid American won the award for expanding the reach of a financial literacy course it started offering in 2010 as part of a summer youth program in Wichita’s most culturally diverse and economically disadvantaged neighborhoods. In 2010, Mid American piloted the program to 200 students in two summer camps; in 2011, it offered the program in all five of the PACK camp sites in Wichita, reaching more than 500 students.
Every week during the seven-week camp, Mid American staff members, assisted by staff of the local Consumers Credit Counseling Service, taught the youth about various aspects of money — its history, how it’s used and how it’s earned and saved —during one-hour sessions.
To emphasize the importance of earning and saving money, participants were given Mid-American-imprinted piggy banks to take home to begin saving. The kids were asked to consider ways to earn money, with some doing extra chores around the house, running lemonade stands and mowing lawns. One child went to “work” for his father, helping separate hardware that his father needed for the job.
The most anticipated day of the camp was on the final day, when the children brought back their savings, some of which had overrun the flesh-colored piggy banks, for final tallies. Mid American provided cash prizes to the top earners at each camp, ranging from $20-50. The prize “earnings” represented the interest-earning concept of savings.
“This program has not only helped us make community partnerships but allows us to teach young kids, and maybe even their families, about the importance of saving money and other financial choices,” said Sarah Meehan, marketing manager, employer partnerships and advocacy. Meehan was the impetus behind coordinating the financial literacy course. When she was asked if Mid American would make a financial donation to the program by one of the sponsors, she suggested taking part in the camp activities.
The summer PACK youth program is sponsored by the Wichita Police Department, the Park and Recreation Department, and the city manager’s Community Education Section, and is offered in five Wichita neighborhoods.
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