CLINCHFIELD FEDERAL CREDIT UNION QUARTERLY NEWSLETTER OCTOBER 2020

CFCU will pay up to $500 in closing costs!

Have you considered a HELOC?

(Home Equity Line of Credit) Your home’s value minus what you owe is how much

equity you have! Use that to consolidate bills, pay off

vehicles, do home improvements, and more! It’s a

loan you use when you need it and only pay interest

on what you owe. Take advantage of our 1.99%

special rate if you maintain a $10K balance or more

on this HELOC loan. This special is only good

through the end of the year, so make an appointment

soon!

Some restrictions may apply. Rate returns to prime plus as published in The Wall Street

Journal after the first 12 months or when balance falls below $10K. Offer Expires

12/31/20. See Mortgage Dept for details. Clinchfield FCU NMLS# 681713

Mary Lou Hatfield MLO# 732743 Jessica L Grindstaff MLO# 1646358

1.99% locked in for 12 months! Interest may be tax deductible

10 year draw period/10 year payback period

1.99%

October 2020 CLINCHFIELD FEDERAL CREDIT UNION Page 2

www.clinchfieldcu.com

Employees

Supervisory Committee

Wade Tilson, Chairman Mitch Manuel, Vice-Chairman Andrew Landers, Secretary Sandy Lingerfelt, Treasurer Frank Cooke, Board Member Allan Foster, Board Member Tom Harris, Board Member Stephen Hendrix, Board Member Ron “Bull” Phillips, Board Member

Board of Directors

Glenn Tilson, Chairman Tim Whitson, Vice-Chairman Clarence Bailey, Committee Member Paul Berry, Committee Member Ron “Bull” Phillips, Committee Member

Amy Banks, CEO Allison Sams, SVP Clarissa Lane, CFO Lou Hatfield, VP of Lending Erica Nicholson, VP of Compliance John McFadden, VP of Collections Julie Bradford, Administrative Specialist Jessica Grindstaff, Mortgage Loan Officer Missy Wainwright, Consumer Loan Supervisor DeAnna Oaks, Consumer Loan Officer Rachel Ray, Consumer Loan Officer Amy Hensley, Member Service Supervisor Lisa Hatcher, Electronic Services Alexis Gambrell, Operations Specialist April Simmons, Business Development Sarah Hyder, Sr. Member Service Amy Whitson, Member Service Kim Cantrell, Member Service Myra Harris, Member Service Jennifer White, Member Service Marsha Street, File Clerk Reedie Griffith, Receptionist Trent White, Student Worker

IMPORTANT DATES TO REMEMBER

Frank retired after 17+ years from NN Ball and Roller and then became the Executive Director at the Unicoi County YMCA in 2017. He and his wife Arleen have been married 42 years and have two girls. Frank’s favorite title is “PopPop” given to him by his two precious granddaughters. He enjoys biking, woodworking and reading. We are so thankful for his service to our credit union and the community!

Mon. Oct 12th Closed for

Columbus Day

Wed. Nov 11th Closed for

Veterans Day

Thur. & Fri. Nov. 26th & 27th

Closed for Thanksgiving

Thur. & Fri. Dec. 24th & 25th

Closed for Christmas

Fri. Jan 1st Closed for

New Year’s Day

BOARD MEMBER HIGHLIGHT Meet Mr. Frank Cooke

E m p l o y e e s o f NFS can now take advantage of our n e w e s t A T M inside the plant! Best of all, it’s FREE for our members to use!

Condolences to John and Teresa McFadden for the loss of Teresa’s father, Charles “Ed” Johnson.

CRR Retirees Breakfast

The Clinchfield Railroad Retired Employees will meet for breakfast at

Maple Grove at 9:00 am on the first Thursday of

every month.

October 2020 CLINCHFIELD FEDERAL CREDIT UNION Page 3 www.clinchfieldcu.com

Each year we come together to celebrate International Credit Union Day (ICU Day) to

raise awareness about what it means for members around the world to have a credit

union as their financial partner. This year's global health crisis has been trying for many

communities around the world, but credit unions stayed true to their cooperative princi-

ples and stepped up during this time of economic uncertainty. Hope is a global resource

that everyone has a right to feel and experience. Without our in person annual meeting

in March we wanted to do something special for our members and what better day than

International Credit Union Day!

Thursday October 15, 2020

Stop by October 13th – 15th to begin registering for door prizes and pick up

your FREE Auntie Ruth doughnut coupon to use on Thursday the 15th!

Registration opportunities will be available on social media as well that week!

Come by Thursday for goodies available at different times throughout the day

(while supplies last!) Door Prizes including cash prizes and Biltmore tickets

will begin at 3PM. You do not need to be present to win.

www.clinchfieldcu.com CLINCHFIELD CONNECTION

VOICE RESPONSE 1-800-724-7442

1038 N. Main Ave., Erwin, TN 37650 www.clinchfieldcu.com

Phone: (423) 743-9192 Fax: (423) 743-6156 Hours: Mon-Fri 8:15 AM - 4:30 PM Drive-Thru open on Friday until 6:00 PM

We may have missed out on teacher in-service with the COVID-19 restrictions, but we were able to make a few visits and let our Unicoi Co. school system staff know we appreciate them!

Check out our Facebook page to see all the Clinchfield FCU staff who competed in our mask decorating contest. Thanks to all those who voted!

The CFCU Privacy Notice is on our website at www.clinchfieldcu.com. It has not changed. The

notice can be mailed to you upon request by telephone at (423) 743-9192. Thank you for your business.

Some Fun Facts Worth Mentioning!

You can skip your auto or consumer loan payment once a year! (small fee applies)

If you enable the “Instant Balance” on the APP you can view your balances without

logging in!

There is a drop box in the drive thru that can be used 24/7! Funds will be deposited on

the business day after you drop your items in.

Choose “credit” at the gas pumps to keep your PIN number safe.

(Even if it’s a debit card!)

Safe deposit boxes are a great place to store titles, birth certificates, wills, etc., but a

savings account or Certificate of Deposit is a safer place for cash- and it gains interest!

We offer AFFORDABLE Gap Insurance on our vehicle loans. Not only does this pay the

difference on value of vehicle verses what you owe if it’s totaled, but it also pays

$1,000 towards your next vehicle purchase!