bration. After a brief trial period, Credit Union Day quietly disappeared. A Second Chance In 1948, the U.S. Credit Union National Association (CUNA) decided to initiate a new national Credit Union Day celebration. CUNA and CUNA Mutual Insurance Society set aside the third Thursday of October as the national day of observance. By then, many more of America’s credit union lead-ers believed there was a need for an occasion that would bring people together to reflect upon credit union history and achievements and to promote the credit union idea across the coun-try. Credit unions, state credit union leagues in the United States and many of the informal credit union chapters in each state were encouraged to celebrate the new holiday in some way. It was to be a time for raising funds for movement causes and to pay homage to the men and women who had dedicated their lives to credit union development.

The First Credit Union Day As time passed, a desire emerged to establish an annual occasion to acknowl-edge both the credit unions’ important role in creating opportunity for their mem-bers and communities and the achievements of pio-neers who laid the founda-tion for ongoing credit un-ion success. On January 17, 1927, the credit Union League of Massachusetts celebrated the first official holiday for credit union members and workers. They selected January 17 because it was the birthday of America’s ―Apostle of Thrift,’ Benjamin Franklin (1706-1790), who early credit union founders be-lieved symbolized ―the life and teaching embodied in the spirit and purpose of credit unions.‖ Ironically, rapid growth within the North American credit un-ion movement meant that people were either too busy to celebrate or too new to the movement to recognize the significance of the cele-

International Credit Union Day

Inside this issue:

What we’ve been doing 2

BVA FCU sponsored events

2

BVA FCU sponsored events

3

Member Happenings 3

Inside Story 4

Inside Story 4

Third Quarter 2009

October 15th 4:30pm at BVA Federal Credit Un-ion, Hog & Corn Roast Sponsored by the Fay-ette County 4-H Schol-

arship Fund and Gillock Farm Eugene, Nicole, Ashley & Cody Gillock

We’ve Reached Our Goal!

BVA Federal Credit Union

has reached our five year goal

of 2500 members in just eight

months thanks to our staff

and members. We have

shown a profit in the first and

second quarters of 2009,

making us one of the strong-

est financial institutions in

the valley. The National

Credit Union Association; the

federal governing body and

Cypher & Cypher; an inde-

pendent CPA agency, have

conducted their annual audits

as required by law. BVA

Federal Credit Union has

received high merits from

both auditing and the invest-

ments of the credit union,

through new policy and pro-

cedures. With the banking

industries current bailouts

and buyout mergers, BVA

Federal Credit Union makes

an excellent choice for your

financial needs, such as free

checking, savings, loans,

short and long-term invest-

ments, IRA’s, certificates,

Christmas and vacation clubs,

and credit cards. Dividend

rates are currently being paid

quarterly. Our dividend rates

continue to be the highest in

the valley, while still provid-

ing members other added

features that only BVA Fed-

eral Credit Union can pro-

vide. Members can maximize

their returns by utilizing all

the services that BVA Federal

Credit Union affords to them.

If we can be of any service

please do not hesitate to stop

in. Our doors are always

open.

Your Credit Union BVA Federal Credit Union

Dates to Remember

October 12th—Columbus Day -

Your credit union will be closed

October 15th - International

Credit Union Day—BVA FCU Member Appreciation Day—Hog & Corn Roast 4:30pm

October 29th & 30th– Trick or

Treat at the credit union

Week of October 26th– Christ-

mas Club checks will be mailed

November 1st—Daylight Sav-

ings Time ends

November 26th-27th Thanks-

giving, your credit union will be closed

December 11th 2-5:30pm Santa

Clause will be at the credit union

December 24th-25th Christ-

mas, your credit union will be closed

December 31st Your credit

union will be closed

January 1st Your credit union

will be closed

2500th Members Jim and Yoko Sekino-Bove

Page 2 Your Credit Union

Highlights

What We’ve Been Doing

BVA Supported

Relay For Life

American Cancer Society

Left to Right: Carrie Callahan,

Jackie Butler and Dorothy Wilson

Shining shoes to support the Ameri-

can Cancer Society. Left: Albert Lexie

Right: Gerald Jackson II, CEO

How do they do that?

BVA FCU Interns took a field trip to

Badzik Printing of Donora, to get a lesson

on how our newsletter is printed. Special

thanks to everyone at Badzik’s for taking

the time to show us around their facility.

Tim Urda,

President of

Badzik Printing,

demonstrates

how a printers

box was used

back in the day.

BVA FCU

hosted one of

our Select Em-

ployee Groups;

BVA Baseball

Association for

one of their

meetings

BVA Federal Credit Union

Sponsored Events

Long Branch Grange Fair & Car Show

Many members of the credit union attended

and participated at the fair.

Boy Scouts Flag Raising Willy’s Blue Ribbon

Geno Thorpe in Pap’s Car

The William’s Are Winners

Warren Grier

Page 3 Your Credit Union

BVA Federal Credit Union

Sponsored Events

BVA Federal Credit Union was a spon-

sor of the Fayette Co. 4-H Scholarship

Auction. Gerald , our CEO was the auc-

tioneer for the evening. With everyone’s

help we were able to help raise $13,000

for the scholarship fund. BVA FCU also

sponsored the Pee Wee Goat Show. One

of our young members, Madison Willson

was a participant. BVA FCU member,

Marybeth Secleter, found a

monkey friend at the fair.

Making more

members happy by

financing new cars.

BVA Federal Credit Union members

and the community enjoyed an eve-

ning on the Mon River aboard the

Gateway Clipper. Members were

there to honor Steve Russell and oth-

ers of their accomplishments in the

community.

Member Happenings

Looking into

the fish pond George Hodgson and granddaughter Zoe Michael Duda

Bob Baron

Chuck and Dorothy Urbanowicz Left,

and Joe and Bonnie Anders

Contact Us At: 608 Rostraver Road Belle Vernon, PA 15012 Phone: 724.930.9864 Fax: 724.930.9865

Your Credit Union Current Rates As of October 1, 2009

Keep Up-to-Date With What’s Going

on at the Credit Union. Visit us at

www.bvafcu.com

Reminders:

~Contact Rachel at the Credit Un-ion to reserve a pumpkin in the patch for your child. The pump-kin patch will be during Trick or Treat Oct 29th & 30th ~The Credit Un-ion is now accept-ing BVAFCU credit card pay-ments at the credit union. ~If your bill pay account has not been used for 3

months, your bill pay access will be cancelled. ~Christmas Loan: 1 year, up to $2500, 5.99%, starting Nov 1—Dec 24, 2009 ~Youth CD Starts Nov 25– Dec 31, 2009, Minimum $100-maximum $500, can be added or caught up with 2008 Christmas CD and Spring 2009 Youth CD. Total of $1000-$1500 at 4.2%. Ages 18 and younger.

Angel’s World of Cycles

BIG’s Sanitation

BIG’s Trucking

Performance Martial Arts

and Fitness

Magisterial District 14-3-

04

Masonary Restoration

Ray’s Buy, Sell and Trade

Miller’s Auto Parts

Galaxy Farms

Matovich and Son’s Con-

tracting

Val’s Beer Distributor

Cal Cuthbert Pools and

Fireplaces

Dairy Queen

Dr. Edwin Wells

Skibo’s Hair Care Center

Tiny Treasures

Tractor Supply

Cross Sounds Worship

Store

Foster House

Rostraver Central Volun-

teer Fire Company

Mackz Shack

Mirabella Window and

Door

BVA High School Volley-

ball Boosters

Giant Eagle Tri-County

Prudential Preferred Re-

alty

Penn State Cooperative

Extension

Scirotto Chiropractic

PennDot, Youngwood

PennDot, Belle Vernon

New Select Employee Groups

Auto Loans Rate* Term APY**

New and 1 y r. 1 .01 %

201 0-2008 2.01 %

4.69% 48

m onths

2.26%

4.99% 60

m onths

2.01 %

5.99% 7 2

m onths

2.37 %

Used Cars 6.39% 36

m onths

2.26%

2007 -2002 6.69% 48

m onths

1 .01 %

6.99% 60

m onths

Loans

Loan Type Rate* 1 .51 %

Home

Equity

$1 00,000

m ax

6.00%

First

Mortgage

PHEAA

Loans

Share

SecuredRate* Term

$30,000 Max 3.00% 42

m onths

Signature

Line of

Credit

Rate* Term

$50,000 -

$99,999.99

$250,000+

Sewage Line

$10,000

Max

7 .99% 60

m onths

Co-Maker Rate* Term

$7 ,000 Max. 1 1 .99% 42

m onths

Maxim um lim it is $1 0,000

$1 0,000 Max 1 1 .99% 42

m onths

2.30% 2.33%

$1 00,000 -

$249,999.99

2.35% 2.36%

Signature

home

equity

Rate* Term2.40% 2.43%

Platinum Credit Card

8.90% -- 1 0.90%

APR* = Annual Percentage

Rate based on credit

worthiness.

Subject to change. Contact

the credit union for details.

No annual fee & 25-day grace pd. for purchases

(Rates based on credit worthiness)

$1 00 m in 2.25% 2.26%

Jumbo

Certificate

1 2 Month CD

Rate APY**

(call for rates)

$50,000 - $99,999.99 2.00% 2.01 %

(call for details) Youth Certificate

1 2 Month CD Rate APY**

(Stafford, Parent Plus and Key stone

Best)

IRA Certificate 2.25%

Christm as Club 1 .00%

$1 ,000 -$1 9,000.99 1 .50%

$20,000 - $49,000.99 1 .7 5% 1 .7 6%

Money Market Rate

Share Certificates

1 2 Month CD

2.25%

6 m onth CD 2.00%

1 8 m onth CD 2.35%

APY**

Savings Rate

2.99% 36

m onths

All Share Sav ings

IRA Share

1 .00%

2.00%