News You Can Use
A Quarterly Publication from allU.S. Credit Union
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THANK YOU, MEMBERS!
HERE TO HELP YOU (COVID Relief Options)
2020 Summer Bucket List
Mobile Banking Feature Makes It Easy to Pay a Friend!
SUMMER 2020
Members!
We just want to take a moment to thank you for your understanding and flexibility during the COVID-19 pandemic. Per the recommendations from Governor Newsom and the Monterey County Department of Health, we had to act quickly to ensure the health and safety of everyone entering our branch. By practicing social distancing and wearing facial coverings, you helped us achieve this goal, ultimately allowing us to continue serving your financial needs. Thank you for your business and continued membership. Be well and stay safe!
Thank You,
If you’ve been financially impacted by this pandemic, our staff is prepared to discuss your options and help guide you through these uncertain times. Now, more than ever, we are here to support members like you. We have the following offerings to share with you: Emergency loan – A special signature loan up to $5,000 with a rate of 1.99% APR* with a term of 24 months or a fee of $100 at 0% APR* is available. Limit one emergency loan per member. Extension of first payment due date is available on all new auto loans and personal loans for 90 days from the date of the advance. (First payment due dates on emergency loans, home equity loans and home equity lines of credit will remain 30 days from the date of the advance.) Interest continues to accrue during the extended payment period. Special Skip-a-Pay program – Only one month per loan can be skipped. Please visit our website (https://alluscu.com/loans.cfm) for the Skip-a-Pay guidelines and application. *APR = Annual Percentage Rate. Loans subject to credit approval.
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How to Keep Household Expenses Down During COVID
During these uncertain times, it’s more important than ever to be proactive in managing your finances and especially your cash flow. Below are some ideas that can assist you: Create a list of all your creditors, your balance with each, your current interest rate and your payment schedule. This list will allow you to decide how to eliminate your debt over a specific period of time. This may also be a great opportunity to summarize your recurring monthly bills in an effort to see if there are any areas you could cut or reduce your expenses. Put your savings to good use. With all the things you are not spending your money on right now, consider how that extra money could be put to good use. Some of that extra money could be used to start or build up an emergency fund or for extra payments toward your monthly debt. Try not to redirect your spending. With many of us having more time on our hands, it can be tempting to spend that time shopping online for items we may not need or otherwise purchase. This activity could put a wrench in your savings. Build new prudent habits. A common idea for freeing up money for savings or debt reduction is to go on a spending fast. Call service providers. Many service providers are providing relief options to those impacted by the coronavirus. Call your provider to see what options they might have for you. Rework vacation plans. As much as you may be tempted to keep your vacation plans, it might be time to rework them. Keep your energy usage low. Every little bit counts and so does your energy use. Look up energy incentive programs in your area. Since you are spending a lot more time at home, you may be using more energy. So be mindful and turn off the lights when you aren’t in the room. Unplug electronics that don’t need to be plugged in and grill or use a crockpot versus the oven. Every little bit adds up to savings on your next energy bill. Even if you can’t see yourself incorporating all of these ideas into your daily life, try at least one. You might find that it is a profitable habit you’ll want to keep long after the health crisis has ended.
Bucket List
2020 Summer
2020 has definitely thrown our lives into a tailspin. While you might not be traveling, attending your favorite sporting events or even attending your annual family reunion, this year can be far from forgettable. There are many fun ways to make bucket-list- worthy memories this summer. Here are some ideas to help make your 2020 summer an amazing one! Water Obstacle Course. Get all the water items you can think of (sprinkler, Slip 'N Slide®, pool floaties, water balloons, inner tubes, etc.). Have each person create a portion of the course and time each person completing it. Go on a Picnic. When the weather is beautiful, it’s an excellent opportunity to go on a picnic and enjoy your meal outdoors. Backyard Camping Trip. Put up the tent and grab the blankets (if necessary), sleeping bags and flashlights. You will feel like you’re on your own private campsite in the woods. Don’t forget the s’mores and tell your best campfire stories. Outdoor Movies. The theaters might be closed, but that doesn’t have to stop you from watching your favorites on the big screen. You can DIY a screen, and don’t forget the popcorn and candy. Visit a Beach, Lake or River. Visiting the water is a summertime must-do. If you live by the coast, head off to the beach for the day! If not, go explore a nearby lake or river and go for a nice swim. Go on a Hike. Summer is our favorite season for hiking. It is so freeing to be outdoors. Watch the Sunset. Take some time to enjoy the little things and watch the full procession of a sunset on an evening with some clouds in the sky. You won’t regret it. Become a Master Griller. When you think of grilling, the first thing you might think of are burgers and hot dogs. Those are not the only items you can cook on the grill. Come up with out-of-the-box ideas for meals on the grill and vote for your favorites at the end of summer. Create the Home You’ve Been Wanting. Spending extra time at home means you can focus more on home projects. Now is the time to finally update your kitchen or put in a new patio space and landscaping for hosting social gatherings. If you want to check off this item, ask us about a loan to help finance your project. There are so many more ideas to help you create your very own summer bucket list. We hope your 2020 summer is a fun one. Share your bucket list memories with us by tagging us on Facebook.
Credit Union Cuties Do you have a furry friend who you’d like to be included in our quarterly newsletter? Email us a photo of your pets at alluscreditunion@gmail.com and you may find them featured!
Congratulations, Graduating Class of 2020 We offer our heartfelt congratulations to all the graduating seniors of Monterey County! We know they’ve had to miss or delay many of the important events and milestones that mark the transition into young adulthood. If you know a member of the graduating class of 2020, be sure to let them know how proud you are of them and that their hard work and sacrifices during this difficult year have not gone unnoticed.
allU.S. bill pay service makes it easy to send money to a friend – no matter where they bank. All you need is their mobile number or email address. The Person-to-Person feature is available in both mobile and online banking. It’s EASY and FREE! How it works: Log in to your allU.S. online banking account Select “Bill Pay” Select the “Transfer/Send Money” option Send money with a mobile phone number or email address The recipient will receive notification with instructions The money will be deposited within 24-48 hours Visit our bill pay service today to get started!
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Dates to Remember On Labor Day (September 7) the branch will be closed. Remember, your money is always at your fingertips through our online banking or ATM.
Don’t Forget!
Our current lobby hours have changed. We are open weekdays from 9:00 to 11:30 a.m. and 12:30 to 3:00 p.m.
We Now Accept Online Payments Just access the online payment system to make a payment on your allU.S. loan with your Debit or Credit Card. The entire process takes just a few minutes and can be done from anywhere with access to the internet.
Due to federal regulation changes, our Funds Availability Policy has changed effective July 1, 2020: Funds available on the first business day after deposit for local check deposits has increased from $200 to $225. The amount available for withdrawal on special exception check holds, such as large deposit holds, new account holds and repeatedly overdrawn holds has increased from $5,000 to $5,525.
QUOTE OF THE QUARTER “A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.” - Suze Orman
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Contact Us 1410 N. Main St. Salinas, CA 93906 (Adjacent to the new 20,000-square-foot El Gabilan Library) 800.692.2228 • 831.540.4627 alluscu.com/contact.cfm alluscu.com Follow Us