Archive for June, 2014

June Newsletter

Friday, June 6th, 2014

Hello from Terry Kidd, President/CEO

Bluegrass Community FCU has just reached the milestone of three years in its new building.  We moved here in June of 2011 and it still amazes me at the differences between the credit union down at 2205 Carter and the credit union we have now at 2321 Carter.  The two do not seem like they could even be a part of the same organization. This credit union has been a credit union of continual change and that’s what I like about it.  Every day it seems that there is a new product or service being offered to our members or a new way of doing business.

I would like to take a moment to say that we have a limited time special on our Home Equity Loans with rates starting as low as 3.99%- which includes all possible credit union discounts.  So anyone needing to do some large scale renovations should come by and see our loan officer today.

The season for vacations is upon us and I can already tell that there is a larger demand for discount tickets than last year.  So bearing that in mind we have placed the ticket sales form on the website for easier access to those who need to see prices.  Also for those who are KDMC employees or affiliates we can payroll deduct those tickets up to 2 payrolls.  If you know someone who is not a member but a KDMC employee or affiliate they can still buy tickets; however, without becoming a member they will not be able to payroll deduct the tickets.

I would like to take a moment before talking about some of our upcoming changes to remind everyone that we all should be striving for a greener more sustainable way of business. That is one of the reasons why I would like to remind everyone to sign up for E-statements. I encourage everyone to go to their online banking Click on the Accounts Tab and the Account Statement link and sign up today.

Bluegrass Community FCU has an exciting new service to offer this month and for those of you who are not able to take advantage this month it will be offered again in November.  And this new service is SKIP A PAYMENT!!  That’s right you can skip your June’s payment, now that doesn’t meant that you do not pay us, we still require that you pay for the June’s interest and a nominal fee for extending the loan.  For those who want to participate you must be a member in good standing and for other exclusions or if you want to talk to a loan officer about this option please contact a loan officer at (606) 324-0888 ext 21.

I am happy to announce that the new Payday Loan Program we started last month is doing really well.  We have had several members approach the loan department about the new program and it uplifts me to know that we can help a few of you get out from under the Payday Loan Cycle.

Vacation Club checks were sent out this week and I want to take the time to remind those who have not signed up for our Vacation Club program that now is the time to do so for maximum savings for next year’s vacation.  For those of you wanting to go somewhere special or out of the country this is a great way to start saving and for those who are more of a home body this can help you to save for that next big home improvement project you want to get started with.  Not to mention for members with kids this could be a way to help with school clothes and school supplies before school starts back in 2015. There are many wonderful uses for this savings product please utilize it.

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