What's Happening At Your Credit Union
School Supply Drive Benefits Member-Teachers
Electro Savings Credit Union is holding a school-supply drive July 31 – August 12, 2017, to help 10 of its member-teachers stock their classrooms this upcoming school year. In addition to receiving the school supplies collected, each teacher will also received a $100 Visa Gift Card to help purchase additional classroom supplies. Learn more.
Supporting Red Nose Day!
May 25, 2017 was a special day to come together HAVE FUN and make a DIFFERENCE FOR KIDS! Red Nose Day is about making a life-changing difference for children and young people both here in the United States and in some of the poorest communities around the world. The credit union's staff and members joined in on the fun. DONATE NOW!
2017 Edward G. Halliburton Scholarships
Electro Savings recognized its Edward G. Halliburton scholarship recipients at the credit union’s annual meeting on May 23. The scholarship honors long-time credit union volunteer and Director Emeritus Edward G. Halliburton, who served on the credit union’s board of directors for 47 years. Edward Halliburton sadly passed away September 2015 at the age of 88. We were honored to have Edward's son Jim attend the annual meeting.
Each year this scholarship program recognizes three Electro Savings members that are high school seniors for their outstanding academic achievements and community involvement. Each student receives a $1,000 scholarship award applied directly to their fall tuition at their school of higher education.
Since the scholarship program started in 1993, the credit union has awarded $76,000 to further the higher education of 76 credit union members. Past Edward G. Halliburton Scholarship recipient Emily McDowell volunteers her time and talents serving on the credit union’s Supervisory and Scholarship Committees.
The 2017 Edward G. Halliburton Scholarship recipients are,
- Rachel Berry, a graduate of Westminster Christian Academy who plans to study Journalism and Professional Writing at Miami University. Rachel lives in Chesterfield and is the daughter of Kenneth and Laura Berry.
- Sydney Boland, a graduate of Notre Dame High School who plans to study Ceramic Engineering at the Missouri University of Science and Technology. Sydney lives in St. Louis County and is the daughter of Maureen Kelly.
- Mary Wilton, a graduate of Marquette Catholic High School who plans to study Occupational Therapy at St. Louis University. Mary lives in Godfrey, Illinois and is the daughter of Steven and Florence Wilton.
Edward Halliburton's son Jim Halliburton congratulates Sydney Boland (left), Rachel Berry (left-center) and Mary Wilton (right), recipients of the 2017 Electro Savings Credit Union Edward G. Halliburton Scholarship.
Youth Month Donation to Annie Malone Children and Family Center
Electro Savings’ participation in April Youth Month included raising funds for the Annie Malone Children and Family Center, while highlighting the importance of creating smart spending and savings habits with its young members. The credit union ran account specials with a $5 donation to the Annie Malone Center for each new youth account opened, or each deposit over $50 made into an existing youth account during April.
“Credit Union Youth Month allows us to pair our youth financial education efforts with fundraising for local organizations that work to make the lives of children better” said Lisa Farnen, Electro Savings Vice President of Marketing. “This year we donated $720 to the Annie Malone Center. Over the past seven years of doing this, we’ve donated $7,070 to local children’s organizations in April alone.”
To learn more about the Annie Malone Children’s and Family Center, visit their website at www.anniemalone.com.
Electro Savings Earns Fourth Consecutive CUNA Award for Adult Financial Education
Electro Savings President & CEO Stan Moeckli (far right) accepts the credit union's fourth Credit Union National Association (CUNA) Desjardins Financial Education Award at CUNA's Governmental Affairs Conference. The credit union received this award for its effort to educate adults on how to better manage their finances. The Desjardins Award is named for Alphonse Desjardins, the founder of the North American credit union movement. This award honors credit unions, chapters and leagues for their commitment to youth and adult financial literacy. Also pictured from left to right are credit union Directors Howard Hoemann and Shelby Edwards, and Vice President of Marketing Lisa Farnen.
Electro Savings strives to be a leader in providing relevant financial education that helps people navigate through a challenging world of financial products and a growing number of non-traditional financial service providers.
Member Appreciation Rebate Paid to Most Active Members
Electro Savings members who actively use the credit union’s products received a ‘Thank You’ from the credit union in the form of a Member Appreciation Rebate on January 19. This is the fourth consecutive year we have returned a rebate to our most active members.
“As a local not-for-profit financial cooperative, we share the credit union’s profit with all our members through better rates, and lower and fewer fees,” explains credit union President & CEO Stan Moeckli. “Our Member Appreciation Rebate is additional recognition to the credit union’s most active members who use Electro Savings as their primary financial institution by actively using our products.”
In our fourth consecutive year of paying our most active members a rebate, we have successfully increased the number of members receiving a rebate by 3% over last year, and 149% since 2013.
Members who qualify for the Member Appreciation Rebate Program are also eligible for the new Member Owner Relationship (MORe) Rewards Program from February 1, 2017 through January 31, 2018. Our MORe Rewards Program acknowledges these members with additional savings opportunities because of their active use of the credit union in the previous year.
Honoring Our Military
In honor of Veterans Day on November 11, the credit union pledged $5 to the USO of Missouri for each new member, new loan or new checking account opened at the credit union during November.
We are very proud to support our military with this donation. Our active duty, veterans, and their families sacrifice so much for us through their service. Supporting the USO is one way that we can give back and express our gratitude. In our five years of making this pledge we have donated $5,840 to the USO of Missouri.
The USO at Lambert Airport provides a full spectrum of services to all military personnel and their dependents. All services offered are free. On a typical day in the airport facility, you might find a young Marine recruit in route to boot camp in California; military families relaxing while waiting on a delayed flight or perhaps a Mother saying ‘goodbye’ to her daughter who is headed off to points unknown. The USO of Missouri’s Lambert facility is also a meeting point for up to 1,000 new recruits each week on their way to Ft. Leonard Wood for basic training. Many brave young men and women travel through the facility on their way overseas to protect our freedom. More than 700 dedicated volunteers work to keep the doors of the USO open. The USO of Missouri is a non-profit 501(c)(3), receiving no government, military, or United Way funding and are not part of the Department of Defense. All funding comes from individual and corporate donors. Donate directly at www.usomissouri.org.
Annie Malone Center Toy Drive
Credit union employees and Board volunteers made the holidays a little brighter for area families and children of the Annie Malone Center by bringing unwrapped toy donations to the credit union’s holiday celebration.
Helping St. Louis families for more than a century, Annie Malone is a multi-service center that addresses social and education needs of children and families in crisis and at-risk throughout St. Louis. The toy collection resulted in over 100 toys that will brighten the holidays for area children this year. For more information on Annie Malone Children and Family Center visit: www.anniemalone.com.
Life Changing Experience
With this member's permission, we want to share with you a recent email we received from her.
First, we would like to tell you what an awesome, life changing experience the relationship Electro Savings Credit Union and MoKan has been for us. We’ve seen tough times during our 7 year marriage - lay-offs, broken legs, car troubles, and more…you name it! My husband decided to make a bold move and reinvent himself though the Pre-Apprentice program at MoKan. We were a one-car family all the while, which can make it difficult to be mobile when needed. So when he heard about the MoKan program, it was a breath of fresh air!
You know, it is hard for some folks to allow themselves to be helped. So much distrust in the business world has made people nervous, not to mention good old-fashioned pride. We were in a tough situation and while it would have been nice to continue to have one parent stay home, it is near impossible these days. So, my husband made a bold move that a lot of men at his age wouldn’t make – totally flipped the script and learn a brand new trade! He had my full support and I am so very proud of him.
Second, your Member Service Representative Lisa Corley was, to say the least, amazing! She was caring and thorough, knowledgeable and encouraging. She was clear and concise about the add-on programs, which allowed us to make educated decisions about the disability, life insurance and the extended warranty. She showed us the added value without being pushy – a balance you just don’t regularly find! She was concerned that we were happy with the vehicle we chose – that it was a good fit and mechanically sound, and wanted to make sure we were protected in an unexpected life change or event. To top it off, she made sure the process was seamless and smooth. We can’t say enough about what a gem you have in her!
For the past 19 years, the employees of Electro Savings Credit Union have bundled up in their winter coats to collect donations for Old Newsboys Day in front of the credit union’s Maryland Heights location. This year on November 17, Electro Savings employees will once again join with thousands of volunteers across the St. Louis area that put on aprons and stand on street corners, selling special edition newspapers to raise money for St. Louis children's charities through Old Newsboys Day. Please stop by our Maryland Heights location to donate or donate to any Old Newsboy Day volunteer you pass on your way to work, school, gym, or wherever you may go that morning.
The Salvation Army and Electro Savings Credit Union Partner On Tree of Lights Campaign
The Salvation Army Midland Division is partnering with Electro Savings Credit Union during the 2016 Tree of Lights campaign. Red counter kettles will be at four St. Louis metro locations from November 1 to December 23. Every member or employee making a contribution to the Tree of Lights red counter kettles will receive a paper red shield.
“We thank Electro Savings Credit Union for working with The Salvation Army during our Tree of Lights campaign,” said Lt. Colonel Dan Jennings, The Salvation Army Midland Divisional Commander. “Every generous donation by members and employees of Electro Savings Credit Union will help fund programs and services that bring hope to those in need in our communities.”
All monies raised during the Tree of Lights campaign stays in the community and 86 cents of every dollar goes directly into local programs and services. After funding holiday meals, gifts and programs for those in need, Tree of Lights donations help provide food, shelter, child care, job training and many other services throughout the year. The Tree of Lights campaign represents a substantial portion of the year-round operating budget of The Salvation Army.
The financial goal of this year’s campaign, which runs November 1 through January 31, will be announced at the Tree of Lights Kickoff Luncheon on noon, Thursday, November 3 at NEO on Locust.
Each year The Salvation Army assists thousands of families in Missouri and Southern Illinois. For more information about the Tree of Lights Campaign visit their website.
Please note: Beginning July 2017, Electro Savings will publish their Quarterly Newsletter via digital means only. The newsletter will be available via E-Statements and our Website. The move to online newsletters is a part of our ongoing effort to help the environment by transitioning from paper to electronic communications whenever possible.