Win a $50 gift card! You can enter this quarter’s newsletter contest by answering the following five questions on a 3x5 postcard or by emailing your answers to cvcu@dwx.com. Drawing for this quarter’s winner will be held on January 25th, 2008.

1.    What is the name of the shared branching network?

2.    Cash back on MasterCard subject to end on what date? 

4.    How many years is the CU celebrating in 2008?

5.    List the rate for a 2006 vehicle (with qualified credit)

 

The Capitol View Credit Union annual meeting will be held on Friday February 22nd, 2008 at the Izaak Walton League, 4343 George Flagg Parkway, Des Moines, IA. Social hour will be held from 6pm to 7pm. Dinner will be at 7 pm, and the meeting will start at 8 pm.

 

Members will elect three board members to each serve a three year term. Nominations will not be taken from the floor. The nominating committee has submitted the following list of candidates: RJ Hellstern, Carl Martin, Stan McElderry, Penny Maxwell, Bert Polzin, Barb Ratcliffe, Tom Schieffer. Members who are 16 years of age as of February 22^nd, 2008 may vote in the election. Absentee ballots are available at your request if you are unable to vote at the meeting. Contact the credit union office for an absentee ballot by phone at 1-800-383-3595, or email at cvcu@dwx.com, or write to Capitol View Credit Union, 1000 East Grand Ave., Des Moines, IA 50319.

 

After the meeting is over and the results of the election are announced the credit union will draw for cash door prizes and play several games of bingo for prizes. Help us celebrate 64 years of service in 2008! Dinner tickets are $13.00 for a grilled Iowa Chop dinner and dessert. Contact the credit union office for tickets today!

 

If you don’t have a Capitol View Credit Union MasterCard or Gold MasterCard, you may want to consider getting one now. In addition to no annual fee and rates as low as 10.50%, cardholders are earning 1% cash back on their net purchases, earning up to $50 per month.

 

We will provide a monthly update of your earnings, and will pay out the reward annually. This cash back offer is subject to end on December 31, 2008, but may be renewed subject to board approval. Cash back earnings will be forfeited if your account loses good standing. Apply today for great rates and cash back!

Borrow money at a special low rate of 6.50% for up to 36 months for any legal purpose. Limited to new money loaned and subject to credit approval. Use these low rate funds to payoff other lenders, travel to visit relatives or friends, pay for school, etc. Your rate may be different depending on your credit score. Offer expires February 1, 2008. Act now and get in on this great rate! Call us at 515-281-3595 or apply online at www.capview.com.

Occasionally we need to remind members of services we offer. Often we hear that “I did not know you had that service”. Below is a partial list:

Mortgage Loans               Share Certificates

Home Equity Loans          Debit Cards

Vehicle Loans                   Online Banking

Business Loans     Gift Cards (Atira)                

Credit Cards                    Voice Response 24 hour

Checking (Share Draft)   Consolidation Loans

 

Capitol View Credit Union is becoming a member of the Shared Branching network, a fast-growing national and international network of credit unions that allow members of other credit unions use their branches to conduct basic teller transactions. What does this mean to you? CONVENIENCE starting in March 2008!

 

How Does Shared Branching Work?

 

You will be able to conduct the following transactions at CU Service Center Shared Branching locations:

• Deposits

• Withdraw funds

• Transfer funds between accounts

• Balance inquiries

• Process loan payments and advances

• Purchase traveler’s checks, official checks and money orders at select locations (availability of service and fees vary at each location)

 

Services that cannot be done at a shared branch:

• Become a member of a credit union

• Add new services or accounts

• Order checks

• Make changes to your accounts, including name and address changes

• Negotiate Third party checks

Please visit your credit union main location for these services

 

Just look for the swirl! Beginning in March 2008!

 

You will need your credit union name, member account number, a valid photo ID, and the last 4 digits of your social security number in order to conduct a transaction at a CU Service Center. We thank you in advance for supplying this information and helping us protect you and your money from fraudulent activity. We will give you an update in our March 2008 newsletter of locations available!

 

As a member of our credit union, your business is

important to us, and we are committed to helping you achieve your financial goals. We are now offering

member business loans to help you with your future

business ventures.

Give us a call today to learn how to apply for a member business loan! We now fund:

• Construction projects,

• Business expansions,

• Refinancing of current loans,

• Purchase of equipment, commercial property,

 business materials;

• And more!

Our credit union has partnered with Community

Business Lenders, a for-profit credit union service

organization that provides Iowa credit unions with the resources and third-party support to offer member

business loans to small business owners and individuals who are eligible for credit union membership.

For more information, please contact us or visit

www.cblenders.com to learn more about Community

Business Lenders.

 

Current IRA Deposit holders please use the ending balance on your 12-31-2007 statement as your fair market value for 2007.

 

2007 contributions can be made until April 15, 2008.

We offer Traditional, Roth, and Education IRA plans.

(Apply online at www.capview.com and click “What’s New” or contact the office at 515-281-3595)

The Iowa Credit Union Foundation is a non-profit whose mission is: To help Iowans build wealth, responsibility and independence. As part of that mission, the Foundation maintains the Family Involvement Board (FIB) scholarship program that encourages young adults and nontraditional students to learn about the credit union movement and to prepare them for future challenges, both inside and outside the credit union movement.

 

Two different scholarship programs are available:

1. A scholarship program for high school students planning to enter college (high school scholarship), and

 

2. A scholarship for nontraditional-aged and continuing education students (nontraditional scholarship).

The high school scholarship competition will award a total of $3,750. The first-place prize is $1,500; second place is $1,000; third place is $750 and fourth place is $500. The nontraditional scholarship category will award two $1,000 scholarships.