www.siucu.org 1

VOLUME 25 | ISSUE 2 |

APRIL 2016REVIEWCU

In this issue...Page 1• What is Credit Union Strong?Page 2• Upcoming Events• Chairman & President’s ReportPage 3• Protect Your Passwords• Menard Credit Union Merger• Plan Family Auto Trips• New PositionsPage 4• SIU CU Investment Services• Branch Locations

Mark Your CalendarApr 1 - Janet Jackson RetirementApr 9 - Everyday Heroes ClubApr 14 - 40 Money Management TipsMay 12 - Super Shredder | MetropolisMay 25 - Memorial Day - CLOSEDJuly 4 - Independence Day - CLOSED

Connect Online With SIU Credit Union

Mission Statement

We’re working for you.

Our month-long youth celebration is fo-cused on the theme of Credit Union Strong. Young people face a bewildering financial landscape in their immediate future—one where technology has made spending as easy as breathing and the cost of higher education continues to skyrocket. That’s why we believe it’s more important than ever to en-sure our youth pos-sess strong money management skills.

As a not-for-profit financial coopera-tive, our core values include member ed-ucation and social responsibility. We care about the community where we live and work, and the people in it. We look forward to watching the next generation grow and make it even better.

By instilling the habit of saving at a young age, offering positive encouragement,

and providing financial education, we can prepare our community’s youngest mem-bers for brighter futures by helping them grow into financially capable adults. Credit union strong means having the money skills to embrace an awesome future. That’s why we take our mission of helping youth

so seriously.

Of course, we re-alize the biggest influence on any-one’s life is his or her parents. So if you want to start your kids on a path

to financial strength, participating in Credit Union Youth Month is a good start.

Bring your financial fitness buffs into SIU Credit Union and help them pump up their savings.

Learn more about how we’re celebrating youth this April at www.siucu.org.

What is Credit Union Strong?

This April, SIU Credit Union is CU Strong by helping kids and teens get financially fit. New youth accounts recieve a prize!Follow us on Facebook and Twitter for financial tips all month long. WIN

a $25 or $100 Visa

® Gift Card

KIDS!

Learn more

at siucu.org

2 www.siucu.org

Whether it’s an event in your community or presenting financial literacy, we love getting out to see our members! Mark you calendars to join us at these upcoming events.

Sesame Street Everyday Heroes Club Sesame Street, WSIU, and C e d a r h u r s t Center for the Arts invite you to our local kickoff event for the SESAME STREET E V E R Y D A Y HEROES CLUB on Saturday, April 9 from 1-4pm. Rain or Shine. “Everyday Heroes” encourages kids to practice daily acts of kindness. This FREE event will be held at Cedarhurst, 2600 Richview Road in Mount Vernon, Illinois. We’ll have PBS KIDS activities and mobile game apps, indoor and outdoor games, photo opportunities with Sesame Street walkabout characters, and more. Learn more online at wsiu.org and Facebook.com/wsiuliteracy, or call (618) 453-5595. Please park at Times Square Mall and ride a free shuttle to Cedarhurst.

40 Money Management TipsThe financial decisions young adults make during college might involve a few bucks or thousands of dollars. It’s not always easy for them to know what the best choices are when moving toward their own financial self-sufficiency. Kim Babington, our VP of Business Development, will present a workshop that helps young people learn how to take control of their money instead of letting their money take control of them on Thursday, April 14 from 4-6pm at the SIU Student Services Building Multi-Purpose Rooms 150 & 160.

Super Shredder ThursdayWe are excited to once again partner with WPSD and Datalock to bring Super Shredder Thursdays back to SIU Credit Union in 2016. Our first event will be held on Thursday, May 12 from 10am-5pm at our Metropolis Branch. Bring up to 50 lbs of old documents to be shredded safely and securely on-site.

UPCOMING EVENTS We are proud to

celebrate an-other prosper-ous year for SIU Credit Union and for our members. During 2015, we maintained our commitment of improving the financial well-being of our member-owners through our mis-sion of “We’re working for you.” Our goal is to be the financial partner that provides support, compelling products, and out-standing service to our members, employ-ees, and communities.

Our broad spectrum of products and ser-vices, along with highly competitive rates, better meet the unique financial needs of each member. No matter your financial goals, the professionals at SIU Credit Union are committed to helping you reach them.

In the area of financial performance, 2015 was another successful year of growth at SIU Credit Union. In 2015, assets grew 5.35% to $307,205,937, loans grew 9.86% to $197,379,465, and membership grew 5.69% to 36,805 members. During this time your Credit Union processed 4,841,346 mem-ber purchase transactions (check, check card, POS and VISA), along with 1,323,781 member transactions, and our call center answered 70,363 calls.

In 2015, the Credit Union made good prog-ress in its strategic goals and recorded strong performance and solid growth, es-pecially in our loans to members. In 2015, we provided 8,631 consumer loans ($103.5 million), 104 mortgage loans ($12 million), 74 business loans ($7.6 million) and 641 ($1 million) in student loans.

During the past year, we welcomed the members of D-B Employees Credit Union and NYC Employees Credit Union into the SIU Credit Union family through mergers. Their members can now take advantage

of additional products and services, as well as have access to all six SIU Credit Union branch locations.

When it comes to community involve-ment, we like to “walk the walk” here at SIU Credit Union. We are constantly supporting charitable organizations that strengthen the communities we serve. Some of the causes that we supported in 2015 includ-ed St. Jude Children’s Research Hospital, Wounded Warrior Project®, Southern Illinois Heart Walk, Special Olympics, Hospice of Southern Illinois, The Poshard Foundation for Abused Children, Centerstone of Illinois and many more.

Providing our members and communities with meaningful financial literacy is an-other one of our commitments. In 2015, Kim Babington, Vice President of Business Development at SIU Credit Union, was rec-ognized as a Credit Union Rock Star for her financial literacy efforts. Kim ranked #1 in Illinois and #8 in the nation for reaching stu-dents through her financial literacy training.

We are thrilled to have over 3,800 com-bined likes and followers on social media. To keep up-to-date with all our promotions and community events, we invite you to become even more engaged with our Facebook and Twitter pages in 2016. As you can see, your Credit Union is constantly improving to better serve you and the local community.

In closing, we would like to thank you for your membership and continued support of SIU Credit Union. Earning our members’ trust in the safety and security of their fi-nances is an objective we take very seri-ously. These efforts would not be possible without the dedication and oversight of our Board and Committee volunteers for whom we remain grateful. We are equally appre-ciative of the expertise and commitment of our talented Credit Union employees and we thank them. At SIU Credit Union, we look forward to meeting the changing needs of our membership and the local community into 2016 and beyond.

2015 Chairman & President’s Report

Dennis SchaeferPresident/CEO

™/© 2016 Sesame Workshop. All Rights Reserved.

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NEWPOSITIONS

SIU Credit Union is pleased to intro-duce two new Branch Managers to our membership! Please welcome Kyle Goss, Marion Branch Manger and Robert Craft, Carbondale West Branch Manger.

Our new managers will be responsi-ble for providing operational leader-ship to staff, including staff develop-ment and retention, and delivery of outstanding service at their respec-tive branches.

Kyle Goss of Alto Pass has recent-ly been promoted to B r a n c h Manag-er at SIU C r e d i t U n i o n ’ s M a r i o n branch lo-cated at 2809 Outer Drive. Prior to his new role with SIU Credit Union, Goss served as a Member S e r v i c e Representative in Carbondale and has more than 11 years of experi-ence with financial institutions. He is a 2004 graduate of SIU Edwardsville with a BS in Business Administration and specialization in Finance. Robert Craft now serves as the Branch Manager at SIU Credit Union’s Car-bondale West branch located at 1217 W. Main Street. Craft was p r e v i -o u s l y the float Member S e r v i c e R e p r e -sentative, serving all branch lo-cations as needed and has nearly 3 years prior ex-perience with financial institu-tions. He is retired from the United States Army and is currently pursing a Business Administration degree from McKendree University. Additionally, he is involved with the Veterans of Foreign Wars Post 3455 in Anna.

Kyle Goss

Marion Branch Manager

Robert Craft

West Branch Manager

Family auto trips can become some of your most treasured memories…or your biggest headaches. How can you get the treasure without the headache? Mark Sedenquist, founder, publisher, and managing editor of RoadTripAmerica.com offers top travel tips:

Get ready …1. Hold a family planning session, with

a big map and plenty of highlighter markers, and talk about cool places that would appeal to all members of the trip.

2. Consider “assigning” a day or a part of a day to each child to plan activities and stops for the family.

3. Have your vehicle checked out by a mechanic.

Get set …4. Pack a “Go Kit” with food, water, maps,

warm clothes and blankets, a first-aid kit, and essential safety devices and tools.

5. Charge electronic gadgets, such as tablets, laptops, phones, DVD players, portable music players, as well as a GPS.

6. Pack a cooler with plenty of water and healthy snacks, including fruits and vegetables. Include enough ice packs

to keep the cooler below 40 degrees for safety.

Go!7. Remember that road trips become part

of family lore; strive for a pace you’ll re-member as relaxed and whimsical, not overly ambitious and full of stress.

8. Preserve the element of chance—take the unexpected exit and make it a true adventure.

9. Take frequent breaks—get everyone to do the “chicken dance” at rest stops.

10. Eat in unique, nonchain restaurants when possible.

11. Make a point of meeting other travel-ers—talk about family adventures and share tips and ideas.

12. Be patient—drive fewer hours and spend more time lounging in the hotel pool.

13. Drive safely.

With everyone’s participation in the plan-ning, along with flexibility and sufficient dis-tractions during the drive, you’ll have trips to treasure.

And for your travel finance needs, visit SIU Credit Union today. Call us at (618)-457-3595.

Plan family auto trips you’ll treasure

SIU Credit Union and Menard Credit Union, based in Chester, IL, announced on March 1, 2016 that the merger between their two credit unions had been finalized. The merg-er has been approved by the National Credit Union Administration (NCUA) and the Illinois Department of Financial and Pro-fessional Regulation/Division of Financial Institutions.

“We’re happy to have former Menard Credit Union members as a part of our SIU Credit Union family and look forward to serving them,” said SIU CU President/CEO Dennis Schaefer.

Schaefer will continue to lead the com-bined organization. This partnership with SIU Credit Union is an opportunity to bring Menard Credit Union members more with expanded products and services and the added convenience of more local and CO-OP shared branches, technology, and an extensive surcharge-free ATM network.

Merger Completed with Menard Credit Union

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A Message from

SIU CU Investment Services Scott McClatchey, CFP

Scott McClatchey provides investment and retirement planning services to SIU Credit Union members through a partnership with Alliance Investment Planning Group. A CERTIFIED FINANCIAL PLANNERTM, Scott keeps regular office hours from 9:00 to 1:00 on Tuesdays at the Carbondale East branch and is also available by appointment. Call 618-549-8632 to set up an appointment with Scott.

BRANCHLOCATIONSMailing Address

P.O. Box 2888Carbondale, IL 62902

Carbondale1217 West Main StreetLobby HoursMon-Thurs 9:00 am - 5:00 pmFriday 9:00 am - 6:00 pm Drive Up HoursMon-Thurs 7:30 am - 5:00 pmFriday 7:30 am - 6:00 pmSaturday 8:00 am - 1:00 pm

395 N. Giant City RoadLobby HoursMon-Thurs 9:00 am - 5:00 pmFriday 9:00 am - 6:00 pm Saturday 9:00 am - 1:00 pmDrive Up HoursMon-Thurs 7:30 am - 5:00 pmFriday 7:30 am - 6:00 pmSaturday 8:00 am - 1:00 pm

Energy300 S. PershingLobby HoursMon-Fri 9:00 am - 5:00 pmDrive Up HoursMon-Thurs 8:00 am - 5:00 pmFriday 8:00 am - 6:00 pm

Marion2809 Outer DriveLobby HoursMon-Thurs 9:00 am - 5:00 pmFriday 9:00 am - 6:00 pm Saturday 9:00 am - 1:00 pmDrive Up HoursMon-Thurs 7:30 am - 5:00 pmFriday 7:30 am - 6:00 pmSaturday 8:00 am - 1:00 pm

Metropolis704 East 5th Street, Suite 1Lobby HoursMon-Fri 9:00 am - 5:00 pmDrive Up HoursMon-Fri 9:00 am - 5:00 pm

Harrisburg777 Ford StreetLobby HoursMon-Fri 9:00 am - 5:00 pm

Phone NumbersLocal 618-457-3595Toll Free 800-449-7301Q-Phone 800-455-0169

Federally insured by NCUA

Who needs a pyramid scheme or a crooked money manager when you can lose mon-ey in the stock market all by yourself. If you want to help curb your loss potential, avoid these 10 strategies.

1. Go with the herd. If everyone else is buy-ing it, it must be good, right? Wrong. In-vestors tend to do what everyone else is doing and are overly optimistic when the market goes up and overly pessi-mistic when the market goes down. For instance, in 2008, the largest monthly outflow of U.S. domestic equity funds occurred after the market had fallen over 25% from its peak. And in 2011, the only time net inflows were recorded was before the market slid over 10%.1

2. Put all of your bets on one high-flying stock. If only you had invested all your money in Apple 10 years ago, you’d be a millionaire today. Perhaps, but what if, instead, you had invested in Enron, Conseco, CIT, WorldCom, Washington Mutual, or Lehman Broth-ers? All were high flyers at one point, yet all have since filed for bankrupt-cy, making them perfect candidates for the downwardly mobile investor.

3. Buy when the market is up. If the market is on a tear, how can you lose? Just ask the hordes of inves-tors who flocked to stocks in 1999 and early 2000 -- and then lost their shirts in the ensuing bear market.

4. Sell when the market is down. The temptation to sell is always highest when the market drops the furthest. And it’s what many inexperienced in-vestors tend to do, locking in losses and precluding future recoveries.

5. Stay on the sidelines until markets calm down. Since markets almost never “calm down,” this is the perfect ratio-nale to never get in. In today’s world, that means settling for a miniscule re-turn that may not even keep pace with inflation.

6. Buy on tips from friends. Who needs professional advice when your new buddy from the gym can give you some great tips? If his stock sug-gestions are as good as his abs workout tips, you can’t go wrong.

7. Rely on the pundits for advice. With all the experts out there crowding the airwaves with their recommen-dations, why not take their advice? But which advice should you fol-low? Cramer may say buy, while Buf-fett says sell. And remember that what pundits sell best is themselves.

8. Go with your gut. Fundamental re-search may be OK for the pros, but it’s much easier to buy or sell based on what your gut tells you. Had prob-lems with your laptop lately? Maybe you should sell that IBM stock. When it comes to hunches, irrationality rules.

9. React frequently to market volatility. Re-sponding to the market’s daily ups and downs is a surefire way to lock in losses. Even professional traders have a poor track record of guessing the market’s bigger shifts, let alone daily fluctuations.

10. Set it and forget it. Ignoring your port-folio until you’re ready to cash it in gives it the perfect opportunity to go completely out of balance, with past winners dominating. It also makes for a major misalignment of original investing goals and shifting life-stage priorities.

1Sources: ICI; Standard & Poor’s. The stock market is represented by the S&P 500, an unmanaged index considered representative of large-cap U.S. stocks. These hypothetical examples are for illus-trative purposes only, and are not intended as investment advice. This article was prepared by Wealth Management Systems Inc. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recom-mendations for any individual. We suggest that you discuss your specific situation with a qualified tax or legal advisor. Please con-sult me if you have any questions.Because of the possibility of human or mechanical error by Wealth Management Systems Inc. or its sources, neither Wealth Management Systems Inc. nor its sources guarantees the accu-racy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. In no event shall Wealth Management Systems Inc. be liable for any indirect, spe-cial or consequential damages in connection with subscribers’ or others’ use of the content.

TENInvestment Mistakes

to Avoid