Summer
2008
Merger Article
Spring
2008
Merger Article
Please
Note:
Items in Red
require
your action (if you
have
that type of account)
Click on any
underscored
item for more information
Post-Merger Letter
Share / Savings Accounts
Third Quarter Dividends
Member Numbers
Share Draft /
Checking Accounts
Account Choices
Check Cards
Columbia
Regional Checks
Member Letter
Check Card
Statements
Special July 31st Statement
IRA Accounts
Converting Trust to Custodial
Accounts
Member Letter
Traditional
Roth
Education
Custodial Agreement
Traditional
Roth
Education
Disclosure Statement
Traditional
Roth
Education |
|
The
merger is now complete! Please visit our website at www.fccu.us to learn more about your credit union. Your sign
on for Internet Banking is your member number. Please call any office if you
dont have that number. Your password is the last four numbers of your Social
Security number. Youll need to set up one challenge question the first time you
log on.
All of our locations are now available to serve you:
Main
Office 1623 Hatcher Lane,
931.388.6914
Westside
Office 5021 Trotwood Avenue,
931.388.3689
Northside
Office 1025 Nashville Highway, 931.388.2010
The hours at
Hatcher Lane remain the same. The Trotwood and Nashville Highway locations are
open Monday Thursday from 9 AM to 4:30 PM and Friday from 9 AM to 5 PM.
In addition, ATMs are up and running at each office. You can also now
use nine other Columbia ATMs without paying a surcharge. Those locations are:
- Shadybrook Cinema, 1907 Shadybrook Street
(gives users a $2.50 credit at
the concession stand)
- Maury Regional Hospital, 1224 Trotwood Avenue
- TJs Pitstop, 1590 Bear Creek Pike
- Best Cleaners, 2510 Trotwood Ave
- U.S. Bank, 901 W James Campbell Blvd
- U.S. Bank, 700 N High Street
- Community South Bank, 1909 Shadybrook Street
- Heritage Bank, 217 S James Campbell Blvd
- Heritage Bank, 823 Nashville Highway
Nationwide, there are
thousands of surcharge-free MoneyPass ATMs. Visit www.moneypass.com to find a
location convenient to your home, work or travels.
We welcome you as a
member / owner of First Community Credit Union and look forward to meeting you.
We greatly appreciate your patience and understanding during this transition
period. Please call or email us immediately if you have any question or concern.
Thank you.
Third Quarter Dividends
To
facilitate the merger, Columbia Regional will pay dividends on share (savings),
share draft (checking) and Christmas Club accounts on July 31st. That dividend
will be for the period from July 1st through July 31st for savings and checking
and from November 1, 2007 through July 31st for Christmas Club. First Community
will pay dividends on September 30th for the period from August 1st through
September 30th.
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Member Numbers
All
Columbia Regional members will be given new member numbers. The new numbers will
be mailed with the July 31st statements. Beginning August 4th, Columbia Regional
members can log on to Internet Banking (eBranch) on the First Community website
www.fccu.us using
their new member number as their ID and the last 4 numbers of their social
security number as the password.
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List
Account Choices
First
Community offers three different checking accounts:
1.
Prestige Club Checking
2.
eChecking
3. Regular Checking
Age 50 And
Older
The Prestige Club Checking is available to members age 50 and
older. This account features no monthly service charge and no minimum balance
and pays dividends (interest) if you maintain a $500 balance. Club members also
receive a number of free services. If you are 50 or older, your Columbia
Regional checking account will become a First Community Prestige Club Account on
August 1st.
Age 49 And Younger
If you are 49 or
younger, you will need to let us know if you want eChecking or Regular Checking.
eChecking is a no minimum balance, no monthly service charge account. Statements
are available online and not mailed monthly. Regular checking has a $5 monthly
service change if your balance goes below $300. If we dont hear from
you, we will set you up with the free eChecking account.
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Check Cards
First
Community check cards will be mailed to all Columbia Regional members on July
20th. Members will need to continue using Columbia Regional check cards through
July 30th. On July 31st, you will need to start using your First Community check
cards.
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Columbia Regional Checks
You
will be able to continue using your Columbia Regional checks after the merger
date. However, we encourage you to reorder First Community checks at your
earliest convenience. Any checks ordered on or after July 28th will be First
Community checks. Both credit unions use Liberty Check Printers so the same
styles, options and pricing should be available
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Special July 31st Statement
All
members will receive a Columbia Regional statement through July 31st.
Transactions on or after August 1st will be on your next First Community
statement.
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Converting Trust to Custodial Accounts
On
July 1, a mailing will be sent to all IRA account holders that includes a
letter, a new IRA Custodial Agreement, a financial projection and a new
disclosure statement. You will need to provide the requested information at the
bottom of the letter, sign it and return it to the credit union. We recommend
that you keep the new agreement, financial projection and disclosure statement
with your other IRA documents.
The reason we need these new documents is
that Columbia Regional acts as an IRA trustee and First Community acts as an IRA
custodian. A trustee holds legal title to property "in trust" for the benefit of
another person. A custodian does not own or hold legal title to the property,
but "keeps" and "cares for" the property of the owner. We need to change the IRA
relationship from trustee to custodian.
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List
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Columbia, TN 38401 USA
