Ashtabula City Employees Federal Credit Union

4717 Main Avenue

Ashtabula, Ohio 44004

Phone (440) 992-7181

Fax (440) 992-7187

 

Email:  creditunion@ashtabulacitycu.com

 

Internet Teller:  www.cuashtabulacity.virtualcu.net

 

 

 

Board of Directors

Supervisor Committee

Credit Committee

OFFICERS

Greg Kaydo, President

Jody Foderetti, Vice President

Palmina Benedict,Treasurer

Jean Vendetti, Secretary

DIRECTORS

Michael Zullo

Barbara Orn

Jean Vendetti, Secretary

Juanita Thorpe, Alternate

Beverly Fodenetti

Alan Guerini

Dale McCombs

 

Peter Tulino, Chairperson

Bradley Randolph

 

 

 

Office Hours:

Monday thru Friday 9 a.m. - 4 p.m.

 

 

 Loan Rates (Effective 3-1-12)

 

Looking for a new auto;

Come see us.

New Vehicles – Up to 72 Months (Never Titled) 

2.95%

Used Vehicles 2007-2011 – 60 Months

 5.75%

Used Vehicles 2006—2001 – 48 Months

7.99%

Used Vehicles 2000 & older – 36 Months

12.00%

Share Secured – up to 48 Months

4.00%

Signature – 36 Months

11.75%

Signature – 48 Months

 12.00%

Spring Fixer Upper up to 18 Months $2000

10..0%

Savings

0.55%

Checking

0%

Give us your input on what you thought about the Annual Dinner

 

Rates are subject to change at any time. Rates quoted are for qualified applicants. 

The Credit Union will match any other credit union’s rate.

 Ashtabula City Employees Credit Union is an equal housing lender.

All loans are covered by Life Insurance with Total & Permanent Disability Benefit. 

Maximum coverage $30,000.  At NO charge.

Approved by Board of Directors March 18, 2009

 

REORGANIZING OUR CREDIT UNION

As the new year has arrived, our credit union has approached a crossroads were we must look at all options and what will be best for our members today and tomorrow. With the resignations of our office manager and assistant manager the board of directors will be making decisions in the near future on how to proceed with what we believe is best for our members.

First and foremost understand that we are open for business, very strong financially and here to serve you, our members.

We are currently advertising for a new manager that has experience with credit unions and a strong financial background. We are also exploring options with other credit unions and what services they could offer our members. Many factors will go into this decision such as current dividend rates, loan rates, online banking availability, ease of access just to list a few with other credit unions.

Currently the office is open 9am to 4 pm Monday, Tuesday, Thursday and Friday, closed on Wednesday. Beth and Mary will be staffing the office on these days to provide services during this transition period.

Our credit union faces many hurdles with new Federal Regulations on small credit unions such as ours since the financial meltdown in 2008-2009. Although we have worked hard to comply with these regulations they have come at a cost of lower dividends as you have seen on your statements. The current board of directors have and will continue to offer the best dividend yields possible. Please join us at the annual dinner, posted below where we will be discussing these options.

 

 

CHECKING  ACCOUNTS

If you would like to open a checking account with the credit union, please stop into the office and complete the paper work, or if you have any questions, please contact 440-992-7181.

Please order you checks by clicking the following link:

http://www.cityofashtabula.com/'Checks%20For%20Less'%20-%20reorder%20your%20checks%20here%20-%20icon.gif 

Gtabula City Employees and get started today.

 

Loan Application Fee - $25.00  

If you have any questions,  contact the Credit Union.

 Phone number 440-992-7181

Office hours Monday thru

Friday 9 am to 4 pm.

 

        Dividend 2012             

Interest Rate Paid

1st Quarter   .55%

                                   

 Holiday Hours 2012

Closed the following days:

 May 20, 2012, Memorial Day

July 4, 2012 Independence Day

September 3, 2012, Labor Day

October 2, 2012, Columbus Day

November 12, 2012, Veteran’s Day

November 22, 2012, Thanksgiving

December 26, 2012 Christmas