RPIEFCU Newsletter
April (Vol. 30 No. 2)

Where We Stand

Date Members Assets Loans
04/01/2007 1,412 $4,076,797 $2,477,567
04/01/2008 1,386 $3,999,275 $2,419,122
04/01/2009 1,344 $4,033,452 $2,240,080

 

Annual Meeting:

The 31st RPI EFCU Annual Meeting was held on March 11 on the Rensselaer Campus. We had over 250 attendees and many volunteers to help the meeting run smoothly. We want to thank all who volunteered to run for the Board of Directors and/or serve on committees. The results of the election for Board of Directors were: Eleanor Burns, Jacqueline Farmer, and Earl DeVito. Thank you very much to Sheri Perpetua for running as well.

The results of the Credit Committee election were: Mary Alice O'Brien, Eleanor Burns, Lori Winslow and Terry Burns, Alternate.

We also had Brian Pudlo and Noel from Merraim Insurance Agency at a table to answer any questions about the new service that we are offering to our members. A special thanks to Kathy Stebbins, Michele Matthews and Adrienne Birchler for counting ballots for us.

Dividend Declared:

The Board of Directors has declared a dividend for accounts with balances less than $10,000 of 1.25% APR, 1.2559% APY, for the quarter ending March 31, 2009. The Board of Directors has also declared a dividend of 1.50% APR, 1.5085% APY for any accounts with balances of $10,000 or more for quarter ending March 31, 2009.

These rates continue our efforts to pay dividends that are competitive, reflect current market trends, and demonstrate prudent stewardship, while returning the highest possible yield to encourage member savings. Dividends are calculated using the day-of-deposit, day-of-withdrawal method.

Great Rates:

We continue to offer very competitive rates. If you are paying too much for your current car loan, consider refinancing through us. Payroll deduction makes it much simpler to make payments as well!

Seasonal Special: Up to $1,500 for 12 months at 7%.

Manager's Special: Up to $3,000 for 12-18 months at just 7-8%! Lock in a great rate now.

We're Here To Help:

Circumstances may change for you, we are willing to work with you to adjust loan payments.

Election Of Officers:

The following elections were made at the monthly board meeting: Kingsley Greene, President, greenk@sage.edu Sandi Redemann-Butcher, 1rst Vice President, redems@rpi.edu Eleanor Burns, 2nd Vice President, burnse@rpi.edu Earl DeVito, Secretary, edevitorl@aol.com.

Winners of the Raffle:

Donation Item Winner
Auxiliary Parking/Athletics 2 hockey tickets Frank Montanaro
Campus Computer Store Ipod Shuffle Mary Maselli
Capital Repertory Company 2 tickets to Sheer Madness Lorraine McGrath
Capital Repertory Company 2 tickets to Sheer Madness Jennifer Anthus
Century House Restaurant Hors d'oeuvre party for 10 Eric Nazzaro
Country Buffet 2 - $5.99 breakfast passes Donna Carr
Country Buffet 2 - $5.99 breakfast passes Hollis McEvilly
Country Buffet 2 - $5.99 breakfast passes Nancy Busher
Country Buffet 2 - $5.99 breakfast passes Chris Cole
Country Buffet 2 - $5.99 breakfast passes Connie Coalts
Country Buffet 2 - $5.99 breakfast passes Ora Schongar
Debbie Riggi Afghan Mike Bruso
Debbie Riggi Afghan Sharon Sorell
Debbie Riggi Afghan Christine Lewis
Eleanor Burns Afghan Lori Robichaud
Home Depot $25 Gift Certificate Paul Zelinke
JCB Specialists RPI Credit Union Tote Bag Mary Wagner
Merriam Insurance DVD Player Anthony Saunders
Mr. Kingsley Greene 15% discount Eddie Prevost
Olive Garden Italian Rest. $10 gift certificate Suzanne Foster
Palace Theatre 4 tickets Russian Amer. Kids Circus Eddie Jackson
Paolo Lombardi's Restaurant $25 Gift Certificate John Czaplinski
Patricelli's Dell and Catering $20 Gift Certificate Karen Coonrad
RPI Employees' FCU $200.00 Fax Machine Cailin McCafferty
RPI Employees' FCU $25 Gift Share Peter Brand
RPI Employees' FCU $25 Gift Share Mary Earl
RPI Employees' FCU $25 Gift Share Lorraine Hopko
RPI Young Actor's Guild 2 Tickets Beauty and the Beast Norm Lemire
RPI Young Actor's Guild 2 Tickets Beauty and the Beast Ruth Vibert
The Egg, Empire State Plaza 2 Tickets Giordano Jazz 4/30 Maureen Brower
Tosca Grille $50 Brunch for 2 Laura Salvati

Contact Us:

We are always glad to hear from our members. If you have good suggestions for improved service or just some comments, contact Eleanor Burns.

 

 

Contact us

  • (518) 276-6593
  • (518) 276-6715 fax
  • 313 West Hall, RPI
    110 8th Street
    Troy NY 12180-3590
  • Email

Hours

  • 9:30am-2:30pm
    (Wed: 11:30-2:30pm)
  • Exceptions
  • July 3, 2009
    Day before Independence's Day.
  • September 7,2009
  • Labor Day

Events

Member Institutions

National Credit Union Administration

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Chartered and serving the Capital District since 1978.