Current Newsletter
Volunteer Focus:
Chuck Johnson, Chair, Supervisory Committee
Volunteerism: the use of volunteers, especially in community service.
First U.S. celebrates Chuck Johnson for his service to the members of First U.S., having served 37 years on the Supervisory Committee. The Committee is made up of volunteer officials, and Chuck presently serves as the long-time Chair of the Committee.
It was about 37 years ago when Chuck Johnson read the newsletter article. First U.S. was looking for volunteers to serve on the Credit Union’s Supervisory Committee. "I saw an opportunity to learn more about how credit unions worked, and a way to deepen my understanding of financial services," said Chuck.
The decision was easy. At that time, First U.S. served federal employees in Sacramento, and he knew many fellow Bureau of Reclamation employees were already serving on the First U.S. Board and Supervisory Committee. "It was a chance to serve the Credit Union membership with a group of co-workers," he continued.
"The Committee's role was to oversee the certified audit, which was not required at the time, but something that the volunteer Board and Supervisory Committee wanted. And after all these years, our best efforts to avoid problems in the first place and remaining visible to management and staff, have led to decades of financial soundness and growth without any issues of consequence."
"Chuck has been an active and vocal advocate for our membership in his role with the Supervisory Committee, and we're so grateful for his many years of service," said Carol Hauck, the Credit Union’s CEO. "It's through the experience and guidance of our Board and Supervisory Committee that we’ve flourished over our 83-year history," she continued.
Kick Off Your Savings Habit – And We’ll Kick In Up To 3.00% APY
Whether you’re looking to earn more on your hard-earned savings, or save on a vehicle loan, we’ve got two great MEMBER ONLY offers for you!
With our new $mart Start Money Market, you'll enjoy certificate quality yields while building your savings. It’s the smart way to take advantage of the flexibility of easy access to your liquid funds, while earning competitive rates – even as your balance grows.
- Earn up to 3.00% APY
- No monthly fees
- No minimum balance to open
- No balance requirements to earn
Ask a Member Service Rep for details today! Call (800) 556-6768, stop by your branch, or visit firstus.org.
Annual Percentage Yield (APY), terms and offers effective 10/1/2019 and subject to change without notice. Rates are variable and subject to change at any time after account opening. APY is earned on the portion of your balance in each rate tier. First $5,000 must be funds new on deposit to First U.S. Limit one Smart Start Money Market per member (and one Smart Start IRA Money Market per member).
Election of First U.S. Volunteers for 2020
First U.S. is pleased to announce the 2020 annual election of volunteers for the Board of Directors and Supervisory Committee. At present, there are three members of the Board of Directors and one member of the Supervisory Committee scheduled for re-election.
If you would like to be considered as a candidate, please send a brief résumé to:
Nominating Committee
First U.S. Community Credit Union
580 University Avenue
Sacramento, CA 95825
Persons wishing to use the petition procedure without applying to the Nominating Committee, must file their petitions for nominations with the Secretary of the Credit Union. Petitions for nomination must contain signatures of at least 1% of the total credit union membership, and be accompanied by a certificate from the nominee stating that they accept the nomination and agree to serve.
If there are no other nominees, Jamie Gomes, Clarence Parkins and Brian W. Doyle are expected to be re-elected to the Board of Directors for three-year terms by acclamation at the annual meeting in February 2019. Additionally, Charles "Chuck" B. Johnson, Jr., is expected to be re-elected to the Supervisory Committee for a three-year term by acclamation at the Annual Meeting. The proposal to transform the Supervisory Committee to a Board level Audit Committee will also be voted on at the Annual Meeting.
Nominations must be submitted by the Nominating Committee or by petition on or before Dec. 1, 2019. Election results will be announced at the Annual Meeting on February 27, 2020 at 5p.m., at First U.S. Community Credit Union, 580 University Ave. in Sacramento. For more information, call (800) 556-6768, ext. 5667.
750 Reasons To Refinance Your Auto Loan
For a limited time, we're offering a cash bonus up to $750 when you refinance your auto loan from another lender. How many more reasons do you need to talk with a Member Service Rep today?
Well, how about another reason? Make no payments until 2020 with no payments for 90 days. A great vehicle loan offer always available to First U.S. members.
Finance up to 125% of high Kelley Blue Book, plus $420 for GAP. If you have equity in your vehicle or own it free and clear, you can also get extra cash out to use any way you like – pay off high-interest cards, take a vacation, or take some pressure off for the holidays.
Call or stop by today.
2010 and newer vehicles only. Cash bonus, one per vehicle based on 1% of amount financed up to $750. Loan must remain open for at least six months, or cash bonus is paid back to the Credit Union in full, added to the loan payoff amount. Cannot be used to refinance an existing First U.S. loan. Not available for purchases. Cannot be combined with any other offers. Interest accrues from date of funding. Consult with your tax advisor about applicable taxes.
