Premier America Credit Union Update

1st Quarter 2020 Newsletter

Update 1st Quarter 2020

President's Message

Dear Member-Owner,

Happy New Year! There are many exciting things coming in 2020 as we work towards fulfilling our purpose of making it easier to meet today’s needs and reach tomorrow’s dreams. With our new core system, and a number of improvement projects currently under way, we’re laying the groundwork to better serve member-owners and community partners.
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What is a Trust and is it Right for You?

A trust agreement is a great option to help protect your assets. Determining whether you need a trust and the type that’s right for you depends on your personal circumstances and financial goals.
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Member Notice of Annual Meeting and Director Vacancies
 

The Annual Meeting of the Members of Premier America Credit Union will be held on March 26, 2020, at 5:45 p.m. at the Premier America main office located at 19867 Prairie Street, Chatsworth, CA. At the Annual Meeting, two (2) Director positions for three-year terms will be up for election to the Credit Union’s Board of Directors. Nominations to the Board may be submitted by petition. A petition to add a member directly to the ballot must be signed by the greater of 100 members, or 1/20th of 1% of the members entitled to vote. Petitions must be filed with the Secretary of the Credit Union no later than close of business February 5, 2020. If the number of nominations for vacant positions does not exceed the number of vacant positions, the Credit Union will declare those nominated as elected at the Annual Meeting on March 26, 2020.
 
Members must have $5 deposited in a regular share account or an open loan product to qualify to vote at the meeting.
 
For more information, please contact Toni Daniels, SVP of Administration, at 818-772-4116.

Start 2020 Strong by Reducing Your Debt

If you’re like many Americans, you still have some holiday bills to pay off in the new year. In fact, according to a creditcards.com survey, 61% of respondents who already had a credit card balance said they’d be willing to take on additional debt to pay for holiday expenses. If you’re starting the new year with bills that are no longer bringing holiday cheer, here are six tips to help you pay down your debt faster.
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Six Tips for Preventing Identity Theft
 

Did you know the Federal Trade Commission (FTC) received more than 444,000 reports of identity theft in 20181? Credit card fraud was the most common type, with more than 167,000 cases reported. But other types of identity theft, including medical, online shopping, email, social media and insurance are on the rise. So, it’s important to take steps now to help prevent you from becoming a victim in the future.
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Premier America is on the Move and GROWING!

Branch Relocation: The former Valencia Branch has moved to the Vons Shopping Center at 26508 Bouquet Canyon Road in Santa Clarita, CA. The new shopping center offers ample parking which makes visiting the branch a breeze!
 
New Burbank Branch: We’ll open a second branch to serve members in Burbank and surrounding areas in the first quarter of 2020. The branch will be located at 1633 N. Victory Place, just off the 5 Freeway in the Empire Center. This location will offer one-stop convenience for your banking and shopping needs with many major retailers located in the Empire Center. Stay tuned for more details!
 
Convenient locations and ample parking make banking with Premier America even easier!

Previous Issues
Q4 2019 Update
Q3 2019 Update

Q1 2019 Update
Q4 2018 Update
Q3 2018 Update
Q2 2018 Update
Q1 2018 Update
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