News

Holiday Closings

Columbus Day - October 8, 2012

 Veterans Day (Observed) - November 12, 2012

Thanksgiving Day - November 22, 2012

Christmas Eve (Close at Noon) - December 24, 2012

Christmas Day - December 25, 2012

New Years Day - January 1, 2013

Community Corner

Dream Factory

United Credit Union is proud to announce our plans to partner with the Dream Factory of Audrain County for much of our 2012 fundraising efforts. Please watch for upcoming events to see how you can help support such a wonderful organization!

 Relay for Life
United Credit Union's Relay for Life Team is now selling candy bars.  Employees also pay $1.00 one day out of the month to wear jeans.  Thanks for visiting us at the Relay for Life.

United Way
Employees of the UCU also participate in the annual fundraising drives for the United Way.  Many of the employees give a portion of each and every paycheck to the United Way.  They also have one or two activities during the months of September and October to raise additional funds.

All funds in a "noninterest-bearing transaction account" are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules. The term "noninterest-bearing transaction account" includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or
dividends, a negotiable order of withdrawal ("NOW") account, money-market deposit account, and Interest on Lawyers Trust Account ("IOLTA"), even if share drafts may be drawn on the account.

For more information about temporary NCUA insurance coverage of transaction accounts, visit www.ncua.gov.

Unlawful Internet Gambling

The Unlawful Internet Gambling Act, signed into law in 2006, prohibits United Credit Union from processing restricted transactions through your business account.The act prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Department of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this act.

As defined in Regulation GG, unlawful internet gambling means to "place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made".

As an account holder of United Credit Union, these restricted transactions are prohibited from being processed through your account. If you do engage in an internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so.