Self-Help Credit Union Newsletter - Oct 2018

Ownership & Economic Opportunity for All.
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Resources for Recovery Assistance 

Self-Help Credit Union is committed to assisting members who are suffering financial hardships as a result of the recent storms. If you are struggling to recover, please let us know. You may qualify for a Disaster Relief Loan or for relief on an existing loan, as described very briefly here:

Disaster Relief Loan. Borrow up to $5,000 at 6% interest for up to 36 months.

Loan Relief. Skip a payment on an existing loan or get a loan modification.

Get more information about Disaster Relief Loans or call 919.956.4404 and select any name.

If you need general tips on filing for federal disaster relief, we offer them here. To help the many hurricane victims who are still struggling, please consider donating to the North Carolina Disaster Relief Fund

Holiday Loans are Here!

It's not too soon to prepare your finances for the holidays ahead.To make your festivities brighter, we offer members a special Holiday Loan up to $2,000 for 12 months. For qualified members who already have a signature or vehicle loan, we offer the option to Skip-a-Payment due in November 2018, December 2018 or January 2019. Apply online or at your local branch. 

Two South Carolina Credit Unions Join the Self-Help Family

Self-Help Credit Union is delighted to welcome two new credit  unions to our family, both based in South Carolina. Effective on  September 1, Palmetto Trust Federal Credit Union, located in Columbia, joined us. On September 25, we also welcomed CommunityWorks Federal Credit Union, based in Greenville.

Palmetto Trust started in 1953, serving local federal employees in a diverse, growing community. Palmetto Trust serves over 2,200 members out of two locations. It has $16 million in deposits and more than $8 million in loans.

CommunityWorks Federal opened more recently, in 2014, and was chartered to provide financial services to local people of modest means who were unbanked and under-banked. After only four years, the credit union now serves nearly 1,500 members and has made 765 loans totaling over $4 million.

New Video: The Legacy of Burlington Industries' Credit Union

A woman works with threads in her mouth at Burlington Industries, date unknown.

In the late 1970s, when Martha Miller was asked to manage a credit union for Burlington Industries' employees, she said, "What's a credit union?" The Greensboro, NC resident went on to serve as CEO of Choice Federal Credit Union (originally Burlington Employees Federal CU). Ms. Miller is among the people interviewed in this short video history of Choice CU—a credit union that through many changes has maintained a strong family spirit.

Members Fill 2,000 Backpacks!

Teacher at a local school holds up backpacks donated by Self-Help Credit Union.
Adopt-a-Backpack 2018 was a big success.Thanks to you, 2,000 local students in need received backpacks filled with school supplies.Since the program began in 2012, contributions from our members have helped us to donate over 12,000 backpacks!

Events Coming Soon

Branches Celebrate International Credit Union Day on October 18 
International Credit Union Day recognizes the history and achievements of credit unions around the world. Many of our branches will celebrate on Thursday, October 18 with refreshments and special treats. Please come out to your local branch and celebrate with us!

Self-Help Annual Meeting – November 14
All members are invited to attend this year's joint annual meeting for Self-Help CU and Center for Community Self-Help. Join us for delicious food and hear updates on how Self-Help is fulfilling its mission. The meeting will take place from 6:00 – 8:00 PM in downtown Durham (302 W. Main Street) near convenient parking. There is no charge, but please let us know you're coming.
If you haven't marked November 6 on your calendars, please do. We encourage all of our members to get out and vote.
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Do you know about the Sprint Cash Reward Program for Self-Help CU members?  Learn more.
Self-Help | 301 West Main Street, DurhamNC 27701 | (919) 956-4400

For member services, please call 1-800-966-7353

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