Premier Members credit union Scholarship now open

Premier Members Credit Union to reward $47,500 in youth scholarships in 2019

Boulder, Colo. (February 12, 2019) Premier Members Credit Union (PMCU) intends to make paying for college a little easier for high school seniors seeking higher education. This year, PMCU’s Premier Scholarship has reached $47,500.

Now thru May 10, Colorado students can apply online at pmcu.org to receive one of two $5,000 scholarships that can be applied towards a traditional four-year university, two-year college or trade school. Students may also apply for the Premier Scholarship from one of PMCU’s partner agencies. These agencies include: Realities for Children of Boulder County, Impact on Education, Westminster Public Schools Foundation, Hide in Plain Sight and The Hope House.

“We are proud to offer our annual Premier Scholarship to students seeking higher education,” said Andrea Balazs, Corporate Social Responsibility Coordinator. “Our hope is to provide traditional and non-traditional students with the opportunity to pursue higher education.”

Since 2012, PMCU has rewarded more than $140,000 in scholarships, and provided four four-year scholarships to serve underprivileged youth. The scholarship has grown from $4,000 in 2012 to $47,500 in 2019.

About Premier Members: Premier Members Credit Union (PMCU) is a not-for-profit financial institution dedicated to providing financial solutions to individuals and businesses in Boulder, Colo., and the Denver Metro area. With more than 72,000 members, $1.1 billion in assets, 12 retail branch locations and four locations in area high schools, PMCU is a leader in the credit union industry. In addition to being at the forefront of the industry in sustainable business practices, PMCU takes pride in giving back to the communities they serve, supporting a wide variety of activities and fundraising events for charitable organizations like United Way, Realities for Children of Boulder County, Impact on Education and many more. To learn more, visit pmcu.org.

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Media Contact:

Andrea Balazs

303-657-7304

abalazs@pmcu.org

 

 

UniWyo FCU announces branch in Cheyenne

UniWyo Federal Credit Union, a fixture in financial services in Laramie for over 65 years, has announced the purchase of a property located at 5249 Yellowstone Road in Cheyenne, Wyoming. This will be the first UniWyo branch outside of Laramie, Wyoming, and the third branch for the credit union. This UniWyo branch in Cheyenne is set to open Fall of 2019.

UniWyo President and CEO, Dave Krause, explained that the idea of expanding to Cheyenne has been a part of their strategic plan for years. “We are all very excited about our expansion into Cheyenne. This new branch will provide additional convenience to our 3,000+ existing members in the area and help us grow our membership. We receive many requests from members asking when we’ll have a branch in Cheyenne, we can finally tell them it will be this Fall.” In the last 10 years UniWyo has grown from $155,000,000 to over $330,000,000 in assets and currently has over 60 employees. UniWyo will begin advertising for Cheyenne branch staff beginning in April.

UniWyo Vice President of Operations, Tara Springsteen, noted, “This new full-service branch will provide the community with a wide arrangement of products and services that are tailored to each person’s unique needs and goals. This branch will have lobby and drive-up hours Monday through Saturday, a 24-hour drive-up ATM, and a night depository.”

“We are thrilled to be entering a new market and to be able to bring our hometown values to Cheyenne,” says Mindy Uitterdyk, Vice President of Marketing. “We are a community minded credit union who strives to make a positive impact on the lives of the members we serve, while having fun along the way. We hope to see the Cheyenne community in our new branch when we open later this year.” Membership at UniWyo has grown from 13,500 to over 29,000 in the last 10 years.

UniWyo was originally chartered as a credit union in December 1953, when nine University of Wyoming employees opened their accounts with $5 each. UniWyo Federal Credit Union is a member of the National Credit Union Administration (NCUA) with accounts federally insured to at least $250,000.

Media contact:

Mindy Uitterdyk, Vice President Marketing

(307) 721-5632

  1. Mindy.Uitterdyk@uniwyo.com

 

Blue FCU’s Teubner named to CUNA Board

The following individuals have been elected for a three-year term:

  • District 2, Class A: Joe Thomas, president/CEO, Fairfax County FCU, Fairfax, Va. This position represents credit unions having less than 38,000 natural person members in the following states: Delaware, District of Columbia, Indiana, Kentucky, Maryland, Ohio, Virginia and West Virginia; and
  • Class D: Troy Stang, president/CEO, Northwest Credit Union Association and Caroline Willard, President/CEO, Cornerstone Credit Union League. Class D represents League Presidents and are elected at-large nationally.

The above directors will join five additional Directors who were elected by acclamation in mid-December:

  • District 3, Class B: Brad Green, president/CEO, Listerhill CU Muscle Shoals, Ala., representing credit unions with at least 38,000 but not more than 141,000 members in the following states: Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee;
  • District 5, Class B: Stephanie Teubner, CEO, Blue FCU, Cheyenne, Wyo., representing credit unions with at least 38,000 but not more than 141,000 members in the following states: Arizona, Colorado, Kansas, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, Utah and Wyoming;
  • District 6, Class A: Debie Keesee, president/CEO, Spokane Media FCU, Spokane, Wash., representing credit unions having less than 38,000 natural person members in the following states: Alaska, California, Hawaii, Idaho, Nevada, Oregon, Washington, American Samoa, Guam, Johnston Atoll, Midway Atoll, Northern Mariana Islands, Palmyra Atoll and Wake Atoll; and
  • Class C: John Sackett, director, Royal CU, Eau Claire, Wis. and Scott Woods, president/CEO, South Carolina FCU, North Charleston, S.C., representing credit unions having more than 141,000 natural-person members. Class C Directors are elected at-large nationally.

 

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MWCUA credit unions offer assistance during government shutdown

Many member credit unions of the Mountain West Credit Union Association are offering assistance to those impacted by the government shutdown. Below is more information on these services provided by our member CUs. We encourage visiting each credit union’s website for more information.

Arizona

Landings CU

https://www.landingscu.org/

Depending on the member’s individual circumstances, options may include:

  • Loan deferments and modifications through Extension with possible fees waived
  • Skip a payment
  • Assistance with credit protection/debt cancellation claims

Pinal County FCU

https://www.pinalcountyfcu.com/

Pinal County Federal Credit Union is allowing our members to skip a payment, no fee, for up to three months, one month at a time.

First CU

https://www.firstcu.net/

Federal members (primary or joint) that had direct deposit in the past 60 days is eligible for a loan up-to $10,000 or the amount of their direct deposit at 0% for 90 days. We are prepared to offer this loan to a member for up-to 4 missed paychecks (max.$40,000).

Federal member (primary or joint) that have a loan are eligible for 30 day loan extensions (including 1st mortgages). We are prepared to offer this extension 2 consecutive months.

 

Arizona Federal Credit Union

http://www.ArizonaFederal.org

Depending on the member’s individual circumstances, options may include:

  • Loan deferments and modification programs
  • Skip payments
  • Hardship loans with modified qualifications
  • Assistance with credit protection/debt cancellation claims

 

OneAZ CU

https://www.oneazcu.com/

OneAZ is offering members who have been furloughed:

  • 1% APR
  • $2,500 Maximum Amount; exceptions approved by management
  • 60 Month term, Minimum Payment:  $20
  • 90 days first payment

TruWest CU 

https://truwest.org/

  1. Providing 0% loans for 60 days (no fees) in an amount up to their direct deposit for any member with established direct deposit who is a Federal worker and was impacted by the shutdown.  No payments are required for those 60 days.  Also, no credit qualification.  After 60 days the loan converts to 6% amortizing loan.  The loan has a 12 month term.
  • Note: We tried to make this simpler  – a 0% loan equal to their direct deposit each payday missed, repaid when they received backpay – but were prevented by CFPB predatory lending rules.
  1. Skip payment for any loan an impacted member has with us – fee free.

 

Colorado

Blue Federal Credit Union  (CO/WY)  

https://www.bluefcu.com/

For our members who have been negatively impacted by the shutdown, Blue Federal Credit Union will provide a special loan, a penalty-free term share withdrawal, and/or a loan extension without charging a fee.

Canvas CU

https://www.canvas.org/

Through the creation of their new Helping Hand Loan, a special signature loan designed to assist members who are caught in difficult situations such as the Shutdown, Canvas seeks to offer a silver lining to their members. The loan offers unique features to help those affected, such as no payments for 60 days and special lower interest rates.

Community Choice Credit Union

https://www.yourbetterbankingchoice.com/

Offering a 0% loan equal to one month net pay for those impacted. With approved credit, 90-days no payment, 0% APR, no fees.

Credit Union of Denver 

https://www.cudenver.com/

Providing payment deferrals, specific loans with first 30 days of 0% interest, and also waiving CD penalty fees if members need to cash in early.

Colorado CU

https://www.ccu.org/

For current members and new members, we are offering a 90-day no-interest, no-payment loan equivalent to two months’ net pay. For current members, we are also offering payment modifications on existing loans to help ease the burden of monthly payments.

Elevations CU

https://www.elevationscu.com/

Short-term interest-free loans to government workers affected by the shutdown to help with living expenses.

Ent CU 

https://www.ent.com/

Ent has had a program in place for these furloughs dating back to 2011.  Currently, we are offering members affected by the shutdown a 90-day 0% interest single-pay loan up to their monthly payroll deposit with Ent (maximum loan amount $7,500).  For additional assistance on loan obligations with Ent, we will remind members of our skip-a-pay program or put them in contact with our Member Solutions Department for other assistance such as deferment options on eligible loans.

 

Ent began as a military credit union and we still actively serve a large number of military members in our community with service centers located on military bases and installations.

 

FCI FCU

http://fcifcu.org/

We are offering personal loans at 5.50%, for 90 days, with qualifying direct deposit.  We will also defer loan payments with no skip fees.  (We normally charge $20.00 to skip loan payments).  Visa payments are excluded and can’t be skipped.  Members should contact us if they have other requests/needs.

On Tap CU

https://www.ontapcu.org/personal/furlough-assistance?fbclid=IwAR3mA3CjRWeG5WFcMm2cP50gGuw-ak09YDq_abDzVrnlfbzioz02teTpkO0

Current qualified members can take advantage of:

  • 5-5-5 *
    • $5,000
    • 5% APR**
    • 5 years
    • No Payment for the First 60 Days
  • Loan extensions offered on existing loans for 60 days***

 

Power CU

https://www.powercu.org/

  • Single pay personal loans at 0% for 90 days up to a maximum of two times the member’s monthly net salary not to exceed $7,500.  Direct deposit is required.
  • Workout arrangements/modifications
  • Free skip-a-pay
  • Early withdrawal fee waiver for certificates of deposit withdrawals up to $10,000

 

Premier Members CU

https://www.pmcu.org/member-assistance-program/

We are ready to assist existing and potential new members with a Fixed Rate Loan with no payments for 90 days and a term up to 24 months (up to a maximum of $10,000).  We will also assist members with any overdraft fees as well as the ability to withdraw a certificate without penalty.

Unsecured personal loan:

    • Up to 150% of the individual’s gross monthly income with the following terms up to $10,000
    • Up to 24 month term
    • Payment deferred for the first 90 days
    • Fixed loan at WSJ Prime (flat rate)
    • More than one loan can be requested for a total maximum amount up to $10,000
    • No origination fees

We are also extending a consumer loan payment deferment program to our existing members. The member will need to call or visit the branch to initiate deferment of payments on one loan for up to three months with no fees, excluding real estate.

 

Sunwest Educational CU

https://www.sunwestecu.com/

Allowing payment deferrals, specific loans with first 30 days of 0% interest, and also waiving CD penalty fees if members need to cash in early.

Yuma FCU

http://ycfcu.com

Offering a 0% loan for 60 days (single pay) up to one month’s pay for anyone affected by the shutdown.  We also offer loan extensions for existing loans and individualized financial services.

 

Wyoming

First Education FCU

https://www.firstedfcu.com/

Offering our impacted members:

  • Skip payments on all loans with us (up to 60 days)
  • Interest free personal loan for amount of net income (2 months)

 

Meridian Trust FCU

www.MyMeridianTrust.com

Assistance comes in the form of a variety of options. These include 0% loans; $75 deposited into members’ checking account for each missed payroll (two per month); assistance to members in paying their home heating bills; the waiving of early withdrawal fees on CDs for full or partial withdrawals of funds; the ability to skip loan payments; interest-only payments on loans; and other financial assistance.

For those who work for a government agency, and are looking for assistance, these individuals can stop into a Meridian Trust Federal Credit Union branch location, or call 1-800-726-5644. Meridian Trust has branches across the state of Wyoming along with a branch in Scottsbluff, Nebraska.

 

Sheridan Community FCU

https://www.sheridancreditunion.com/

Offering 0.00% interest loans and 90 loan extensions for government workers.

 

Pathfinder FCU

https://www.pathfinderfcu.com/

Offering loan payment extensions without any charges.  Additionally, we will allow a certificate distribution without penalty.  We’re also allowing 90 days no payment on new loans.

Reliant FCU

https://www.reliantfcu.com/

  • We offer extensions on loans – up to 3 months of skipping payments.
  • Offering a 90-day loan to compensate for missing income at 0% interest, up to $15k for anyone affected by the government shutdown.

 

Sunlight FCU

https://www.sunlightfcu.com/

Sunlight Federal Credit Union recognizes that many of our members are currently without paychecks due to the government furlough. If you are one of those 800,000 Federal workers, please give your local Sunlight office a call. We will review each case and work with our members to find the best solutions. While there are multiple options available to you, the first step is to contact your local Sunlight office.

Yellowstone FCU 

http://yellowstonefcu.org/

Offering our members loans of one month’s net pay, interest free and no payment for 90 days (unless the shutdown ends earlier) and skip payments on existing loans for 90 days

UniWyo FCU

https://www.uniwyo.com/about/government-shutdown.htm

With the current government shutdown, we understand times are hard. UniWyo is offering a variety of options to help those affected by the shutdown. Each story and situation is unique, please reach out to us to discuss options.

  • 0.00% APR* Loan options
  • No penalties for early withdrawals on current UniWyo Share Certificates
  • Skip your loan payment with no fee
  • Lower your monthly loan payment
*90 days up to one months pay
*APR (Annual Percentage Rate)
WyHy FCU
We have several options ranging from Closed-End Signature Loans, Open-End Lines of Credit — to Credit Cards, Home Equity and HELOCs, and even an Emergency Loan Program.