Important Information Update

We here at Olin Employees FCU would like to keep you updated on our status due to the situation in the Gulf of Mexico.  If there is a possible voluntary or mandatory evacuation, you will still be able to contact us at one of the following telephone numbers:

1-800-556-2274
337-853-7759 (cell phone)
337-853-2998 (cell phone)

We will continue to communicate any information through our website.  Please continue to check back for our current hours of operation and possible branch closures.

Preparing for a Hurricane....A Financial Checklist

• CASH & CHECKBOOK -- ATM's may not work after a storm, and businesses may not be able to process credit & debit cards.
• ACCOUNT NUMBERS/CREDITORS -- Write down your credit union and credit card account numbers, and the address and telephone numbers of your creditors, such as your mortgage company, and keep them in a safe place.  In the even that you are evacuated for an extended period of time, you will be able to pay your bills and contract your creditors.
• IMPORTANT PAPERS -- Gather important papers such as your insurance policies, birth and wedding certificates, your last pay check stub, and other difficult to replace papers.  Take them with you if you evacuate or make sure they are in a safe place, such as a waterproof container or safe deposit box.
• RECEIPTS -- Keep any receipts for temporary repairs, housing, and food costs.  Your insurance company may reimburse you for these expenses.
• HELPFUL CREDIT UNION RESOURCES -- Below are some helpful credit union resources.

Louisiana Credit Union League
Louisiana Office of Financial Institutions
National Credit Union Administration

You may also  access the Credit Union National Emergency Information System by toll free number, 1-877-CULOCATE (877-285-6228), to receive information about the status of a credit union affected by a crisis.  The messages will be posted in the form of "information only" mailboxes.  Information only voice mailboxes have the capability for credit unions to provide announcement messages.

 Summer Loan Special

Let Olin help you to get a head start on all of your summer plans and projects.  Receive up to $2,500 for 12 months at 8.00% APR* throughout the months of July, August and September.  Contact a loan officer today to get your summer plans underway!

*APR - Annual Percentage Rate
**All loans are subject to credit approval.  Some restrictions may apply.

Auto Loan Special

Both new and used vehicles at 4.99% APR* up to 60 months during the month of August.  Contact a loan officer or apply online to receive pre-approval.  With pre-approval, you have more control in the selection and negotiation process.  Recently financed somewhere else?  Let us look at the loan to see if we can save you money by financing with us!  Existing loans with OELCFCU are not eligible.

*APR - Annual Percentage Rate
** All loans are subject to credit approval.  Your specific rate, term, and required down payment will be dependent upon your credit rating, relationship with us and other factors.  Some restrictions may apply.

Skip A Pay

New from Olin!  You now have the ability to pick the month that you would like to skip your loan payment.  Postcards have been mailed out with the skip-a-pay application form and are also available at all OELCFCU locations.  Return your completed form along with $25 per loan processing fee to any of our locations.

*Some restrictions apply.

Coming Soon 

Coming soon in the Summer of 2008!  A new location in Sulphur.  We have out-grown our current location in Sulphur and to better serve our members the decision to purchase a new building has been made by the board of directors.  The address is 4400 Maplewood Dr. Sulphur, Louisiana and it is located on the corner of Maplewood Drive and Center Circle.  Our new location will include all the services your need, including a three lane drive-thru, an ATM and night depository. 

New Silver Share Certificate

Earn .50% more on your Share Certificate Deposit and enjoy a no-cost checking account at the same time.  Qualifications are as follows:

Member must be age 55 and over.
A share account must be open with a minimum $25.00 deposit.
A share draft account must be opened and maintained with a minimum deposit of $100.00 (subject to approval)
The minimum share certificate deposit amount is $ 500.00.

Positive Pay

Positive Pay (Overdraft Privilege) is a service that is automatically provided to all member share draft accounts in good standing (members have the right to opt-out).  With Positive Pay, your check, ATM withdrawal, Debit Card purchase or other electronic debit items may be covered by the Credit Union up to the limit of $ 300.00.  You will be charged the standard Positive Pay Fee of in good standing (members have the right to opt-out). With Positive Pay, your check, ATM withdrawal, Debit Card purchase or other electronic debit items may be covered by the Credit Union up to the limit of $ 300.00. You will be charged the standard Positive Pay Fee of in good standing (members have the right to opt-out).  With Positive Pay, your check, ATM withdrawal, Debit Card purchase or other electronic debit items may be covered by the Credit Union up to the limit of $ 300.00.  You will be charged the standard Positive Pay Fee of $ 20.00 per item.  Please refer to the Positive Pay disclosure  for details and time limits.

JUST FOR KIDS
The Johnny Appleseed Jr. Ecology Club

They're part of the Johnny Appleseed Jr. Ecology Club.  Olin Employees Federal Credit Union is proud to become a sponsor of this new club for children 12 and under.

When you join, you’ll start receiving a postcard every other month. Bring the card to the Credit Union, make at least a $5.00 deposit to your savings account, and you’ll receive a different gift each month. We’ll have water puzzles, colored pencils, sunglasses, Frisbees, penlights, and lots of other surprises.

Just for becoming a member of the club, you’ll get a 2008 calendar and a bookmark. The calendar has a dime-saver and a good ecology idea for each month. The ideas, and the pictures to illustrate them, are from club members.

You too can submit ideas, and if your idea is one of the 12 best, you’ll get your idea printed in a future calendar along with your name and photo. Plus you’ll win $50.

Call us at 337-436-1250 or visit Olin Employees Federal Credit Union for information on how to join the Johnny Appleseed Club. It’s free, just for being a member of Olin Employees Federal Credit Union.

         Identity Theft

With Identity Theft on the rise, it is important for you to protect yourself from becoming a victim.  Your Credit Union is here to help you when you have questions about Identity Theft.  The Federal Trade Commission has many consumer publications and resources to help you avoid identity theft and in a case where you are a victim, the FTC has information on what you should do if your identity is stolen.  One publication, "Fighting Back Against Identity Theft", is a great resource for consumers.  Visit the Federal Trade Commissions

                                FRAUD ALERT

Olin Employees Federal Credit Union, along with other federal and credit union agencies such as CUNA and NCUA, will never send e-mails requesting your credit union username, password, pin number, or other personal identity information. Olin Employees Federal Credit Union members are urged to never turn over private information based on an e-mail request. If you receive a suspicious phishing, or e-mail, please notify us immediately at 337-436-1250 or email us.

For more information on phishing, you may visit the Federal Trade Commission's website.

On-Line Access to Your Account is Easy

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Visit NetTeller to access your account information and print copies of checks.

 Last Date Updated:  08/27/2008