*You pay $85.15 per month for every $1,000 borrowed. Not all applicants will qualify and your actual rate may vary. Rates subject to change.

Important Information about our Kirby Kangaroo Christmas Party
Unfortunately, due to staffing issues we will be unable to host our Kirby Kangaroo Christmas Party this year. We apologize to our young Kirby members who look forward to this event each year.

Help Your Teen Afford the Right Car

It’s essential to consider safety, affordability, and reliability when buying a teen’s first car, according to William Van Tassel, Ph.D., manager of driver training operation for the American Automobile Association (AAA), Heathrow, Fla.

Be prepared

Van Tassel says parents should ask teens to prove they’re ready for a driver’s license through requirements such as maintaining good grades or completing household chores.

Teens also need to learn how much it costs to drive. Parents can start the process by telling teens the cost of gasoline, insurance, and repairs as they pay family bills. Ask the teen to help care for the vehicle he or she eventually will drive by regularly washing it, checking fluid levels, and keeping the maintenance log.

Aim for a series of short discussions to minimize resistance and allow teens to absorb each lesson.

“Start these talks half a year, at least, before a teen is actually eligible for a learner’s permit,” Van Tassel says.

Even after teens get a license, Van Tassel suggests waiting to buy a vehicle until it’s truly needed.

Instead, set rules for the teen’s use of the family vehicle, including when the teen can drive and who can ride along. This reinforces many state driver’s license policies that limit teens’ driving hours and the number of passengers in the vehicle.

Click here to read more.

Board of Directors Election 2017 ... Your Chance to Make a Difference!

Elections for the 2017 Board of Directors will be here before you know it. Make sure to let your voice be heard by voting for the credit union leaders who will work for you.

To become even more involved, you can contribute your time and talents by running for one of three board positions. Any member in good standing who would like to be nominated for the positions available may send a letter of introduction (100 words or less) to: Nomination Committee, c/o LVECU, 3720 Hamilton Blvd., Allentown, PA 18103. The deadline for receiving letters is November 30, 2016. Ballots and biographies will be mailed (if necessary) to all members age 12 and over after the close of nominations.

By a resolution of the Board of Directors, incumbent directors will be automatically re-nominated if they wish to run. The Nominating Committee may nominate one additional person for each position. Anyone not nominated by the committee may have his/her name added to the ballot for any position by submitting a nominating petition with the signatures of 25 LVECU members. Petitions are available at the LVECU Main Office.

Nominees must be members in good standing as defined by the following criteria: all entrance fees have been paid, all loans with the Credit Union are current, and the Credit Union has suffered no losses as a result of a charge-off or discharge in bankruptcy of any loans or obligations.

2017 Scholarships

LVECU will be awarding ten $1,000 scholarships to members who will be full-time undergraduate students during the upcoming 2017-2018 school year. Applications will be available November 1, 2016 on our website or at either office.

*APR=Annual Percentage Rate. APR will vary with the market based on the prime rate. Not valid on current LVECU credit card balances.

Financial Literacy Help for Educators!

If you’re looking for a way to introduce financial literacy to your students, LVECU can help! We have a financial literacy resource available through our website called Practical Money Skills for Life. You can find Practical Money Skills for Life on our Links page. Click on the ‘For Educators’ tab (or follow the link below), and you will have access to teaching guides and lesson plans for students age K-12 and beyond. It’s a great resource, it’s FREE, and it’s just one more benefit of being an LVECU member!

Click here for more information.

International Credit Union Day Celebrates The Authentic Difference™

Since 1948, International Credit Union Day has been celebrated annually on the third Thursday of October. Each year, the international event affords the opportunity to remember credit unions’ proud history and promote awareness of and support for the credit union difference. This year’s theme, “The Authentic Difference,” celebrates what makes credit unions truly unique.

Credit unions are recognized as a force for positive economic and social change and have provided significant value in both developed and emerging nations. International Credit Union Day is sponsored by World Council of Credit Unions, the international trade association and development agency for credit unions, as well as numerous national credit union trade associations and federations around the world.

Visit us at the either office on Thursday, October 20th to receive a FREE Reusable Thermal Grocery Bag! Limit 1 per member, while supplies last.

Attention Bill Pay Members!
Bill Pay will be upgraded in the coming months. Please be sure to watch your email for details and more information.

Educating Your Kids

It’s never too early to start teaching your kids the basics of money management. Exposure to financial education starting at a young age can lay the foundation for a more successful financial future. Consider these fun, age-appropriate activities to help your kids become skilled in money management.

Read more here.

Visa Travel Money Cards & Visa Gift Cards Make Great Gifts!

Visa Travel Money Cards

  • Can be used at ATMs and most merchants
  • Cards are issued instantly
  • $3 fee when purchasing card
  • Can be funded for amounts from $100 to $5,000
  • Other fees and restrictions apply, ask for details or click here.

Visa Gift Cards

  • Can be used wherever Visa is accepted
  • Cards are issued instantly
  • $2.50 fee when purchasing card
  • Can be funded for amounts from $10 to $1,000
  • Some restrictions apply, ask for details or click here.

*APR = Annual Percentage Rate. Not all applicants will qualify. Other rates and terms available. Payment example: You pay $28.21 for every $1,000 financed.

Explained: Roth IRA or 401(k) vs. Traditional

So, you’re entering the exciting world of retirement savings. Pat yourself on the back. You are taking this whole ‘adult’ thing by storm!

If you are investing through your employer, your options may be limited as to the types of investments you can select, but you may still have some choices. If you are investing on your own or through a broker like Edward Jones, you definitely have options.

I’m certainly not a financial investment advisor, but I do know a few things that can help you make sure you are picking the right tool for success. One of the most basic differences in investment types is between a traditional IRA or 401(k) and the Roth version of those investments.

Here is some clarification on what those mean, and why you may choose one over the other.

Click here to read more.

Kirby & Claim Your Youth Summer Reading Program & More

Our Summer Reading Program was a huge success once again. We had 168 Kirby and CU Succeed members participate in the program this year by reading more than 180,974 pages! Great work by all our young members!

Also, congratulations to credit union member Ian, our 2nd quarter Claim Your Youth drawing winner. Ian received a $100 deposit. If you’re age 13-17, stop into the credit union and enter.