Newsletter - Team One Credit Union

Wishing you a
Merry Christmas!
December 2014
Follow us on Facebook and Twitter for special
offers, upcoming events and prize give-aways!
A Team One Mistledough Loan is a great way
to get dough for the holidays. Mistledough is a
short term, fixed rate loan with an interest rate
as low as 6.99% APR*. Finish your shopping list,
plan a vacation or use it for whatever you need
extra funds for.
∫∫Rates as low as 6.99% APR*
∫∫Easy on your budget-just 11
monthly payments
∫∫Once approved, the funds can be directly
deposited into your account ready for use
Call, stop by or apply online today!
*6.99% APR represents our best rate and is subject to credit approval. Rates
are subject to change. To determine your rate, please contact Team One.
CD Rate Special!
In celebration of our new branch
location opening in Bay City at
401 E. Midland Street, everyone
can take advantage of a
special CD rate. Now for
a limited time, get a
36-60 month CD at 2.00%
Annual Percentage Yield (APY)*!
Conveniently open your CD through
online banking, stop in or call for details! Hurry, this great rate won’t last long!
*APY = Annual Percentage Yield. Rates are subject to change. Other rates and terms are available.
Get a $1,000 loan
for the holidays,
All you need is three months of
verifiable employment or receipt of benefits and
$1,500 net direct deposit monthly with us to get your
Guaranteed $1,000 Holiday Loan*. Apply today!
*Guaranteed Holiday Cash subject to three months verifiable employment or receipt
of benefits and having direct deposit equaling $1,500 net per month into your
Team One account. Member account(s) must be in good standing. Single credit
life and single credit disability included for those eligible. Offer good through
December 31, 2014. See Team One for details.
A Low Rate Auto Loan and 10,000
ScoreCard Reward Points!
With our Skip-A-Payment* program, you can skip your TOCU Auto Loan,
Signature Loan or Debt Consolidation Loan payment(s) for extra cash this
holiday season. There is a $25 processing fee for each skipped loan. Call,
stop in or visit for a skip-a-payment form.
*Finance charges continue to accrue during the skipped payment period. Qualifying loans to be skipped must be current. Please
note that First Mortgages, Second Mortgages, Home Equity Loans, Mistledough, Credit Cards, Line of Credit, Commercial or
Business Loans, Guaranteed Holiday Cash and any loans disbursed within the last 90 days are not eligible for this offer. A $25
processing fee will be assessed for each postponed loan. Each loan may only be postponed twice per year. (Members can have
one in any six month period, but no more than two in a twelve month period.) If you have automatic payment set up through
another financial institution for the payment you wish to skip, you must notify that financial institution so that the payment will
not be automatically sent by them. The credit union reserves the right to withdraw this offer on an individual basis subject to
payment history and criteria. If you have GAP insurance on your secured Auto Loan, you are allowed to skip two payments total
over the life of the loan. If you skip more than two payments over the life of the loan, your GAP proceeds may be reduced by the
amount of the extra skipped payments should you have a GAP claim.
Team One Employees
Helping Those in Need
In November, Team One
employees participated in the
Annual United Way Fundraising
Drive raising over $7,500 for our
communities. Additionally, we
held a branch-wide Food Drive
and collected food items that
were donated to local food banks
in time for Thanksgiving.
Right now, when you finance an Auto Loan with us for $2,500
or more, you’ll get 10,000 ScoreCard Reward Points on a
Team One Visa redeemable for great merchandise, gifts and
travel! Auto Loan rates are currently as low as 2.49% APR*!
Visit, call or stop in today! Use our
convenient e-sign option and you can electronically sign
account and loan documents right from your internet
accessible device or smart phone- saving you a trip to the
credit union!
Don’t delay, apply today! ScoreCard Rewards points offer
ends December 31, 2014.
*Rate based on credit history. Other rates and terms available. Rates are subject to
change. To determine your rate, please contact Team One. ScoreCard rewards can be
redeemed for great gifts and travel. To check your point balance, redeem reward points,
or get more information about ScoreCard Rewards, visit
Auto Dealer Spotlight on Martin Chevrolet
Saginaw – Main Office
520 Hayden Street, PO Box 1260
Saginaw, MI 48606
Bad Axe
499 Brick Street, PO Box 146
Bad Axe, MI 48413
Bay City
401 E. Midland Street
Bay City, MI 48706
For more information about all of our time saving services,
including bill pay, e-sign and mobile deposit, visit
A Team One Visa Platinum has
rates as low as 9.9% APR*, no
annual fee and no balance transfer
fees! You can even personalize
your card with a favorite photo for
free. Apply today to get your card
in time for the holidays!
1130 Cleaver Road, PO Box 64
Caro, MI 48723
Saginaw Township
4075 McCarty Road
Saginaw, MI 48603
625 S. Sandusky Road, PO Box 328
Sandusky, MI 48471
Thomas Township
8450 Gratiot Road
Saginaw, MI 48609
24 Hr. Telephone Teller
Toll Free
Lost or Stolen Credit Card
Lost or Stolen Visa Check Card
Team One’s routing transit
number is 272484470.
*Rate based on credit history. Other rates and terms
available. Rates are subject to change. To determine
your rate, please contact Team One.
Important Notice
for IRA Holders:
Payments from your IRA are subject to Federal
income tax withholding, unless you elect no
You may change your withholding election at any
time prior to your receipt of a payment. To change
your withholding election, complete the appropriate
form available from the credit union.
Withholding from IRA payments, when combined
with other withholding, MAY relieve you from
payment of estimated income taxes. However, your
withholding election does not affect the amount of
income tax you pay.
You may incur penalties under the estimated
tax rules if your withholding and estimated tax
payments are insufficient.
We do business in accordance with
the Federal Fair Housing Law and
the Equal Credit Opportunity Act.
Important Tax Refund
Per Federal regulation, any income tax refunds
coming in via ACH must be deposited into an
account bearing the name on the income tax
refund. Also, when providing your account
number on your tax forms or other forms for
ACH, please use your cross reference number,
not your member number. All direct deposits
must be coded with the cross reference number
that links to your account. Your cross reference
number can be found at the bottom of your
checks (the middle set of numbers) or you may
contact the Credit Union to obtain your cross
reference number.
AARP Smart Driver
Course Offered
Team One is hosting a two day AARP Smart Driver
Course on January 13 and 14 from 10 am-2 pm. at
our Saginaw Township branch. Offered by AARP Driver
Safety, this course is designed especially for drivers
age 50 and older. By taking a driver safety course you’ll
learn the current rules of the road, defensive driving
techniques and how to operate your vehicle more safely
in today’s increasingly challenging driving environment.
You may also be eligible to receive an insurance discount
upon completing the two day course and receiving your
certificate of completion, so consult your insurance
agent for details. AARP membership is not required and
there are no tests to pass. Seating is limited. Please call
the Team One Marketing department at 989.754.6575
to register.
Please Note: We will no longer be selling
US postage stamps beginning January 1, 2015.
Holiday Hours
Wednesday, December 24-Drive Thru hours
8:30 am-12:30 pm
Lobby Hours 9:00 am-12:30 pm.
Thursday, December 25-Closed.
Merry Christmas!
Wednesday, December 31-Drive Thru hours
8:30 am-12:30 pm.
Lobby Hours 9:00 am-12:30 pm.
Thursday, January 1, 2015-Closed.
Happy New Year!
ID Theft ProtectionStay Alert,
Stay Informed
More people are hitting the stores and
purchasing gifts online this time of year
and it’s no surprise that identity theft
increases during the holidays, too. The best
defense against identity theft is to be on
alert and informed. Be sure to check your
financial statements regularly and credit
reports annually. If you have any questions
regarding your Team One accounts,
please contact us immediately.
As your trusted financial partner,
your identity protection is our highest
priority. We have procedures in place to
detect warning signs of identity theft, such
as unusual account activity, and we take
immediate action and the appropriate
steps to prevent and mitigate any potential
identity theft event. Additionally, you
automatically receive comprehensive
identity theft protection as part of your
personal checking account(s) for just $1.95
per month*. Please make sure to take
advantage of all the ID theft protection
benefits that this service offers. Visit for more information.
*Charged out of checking or specified account on the 5th of
every month or following business day by Team One and will
apply to coverage for the current month.
Applications for
High School Seniors
Now Available
To help make higher education more
affordable for college bound high school
students, Team One offers several college
scholarships. To be eligible to apply,
applicants need to be or need to become a
member of the credit union. If your student
isn’t a Team One member yet—tell them
that when they join, they will be eligible to
apply for Team One scholarships and our
other great products and services including
the Sallie Mae® Smart Option Student
Loan. Scholarship applications are now
available online at saginawfoundation.
org. The deadline to return completed
applications to the Saginaw Community
Foundation is February 1, 2015. For more
information, please call 989.755.0545.