Your Money is Happier at ORNL FCU!

Page 2

• No Summer Vacation for Your Finances

• Save Money with CU Community Insurance

• Nominations Sought for Board of Directors

Page 3 • Team ORNL FCU is Movin’ and Shakin’!

• Knoxville Film Festival

Page 4

• The Sprint Credit Union Member Discount

• Feast with the Beasts is Celebrating 20 years!

• Upcoming Events & Holidays

Third Quarter • Vol 49 • No.3

Published quarterly by ORNL Federal Credit Union

Page 1

FoolProof Financial Literacy Program Now Available O RNL Federal Credit Union recently

announced its sponsorship of a free

fi nancial literacy curriculum called FoolProof®

Tennessee for all high school teachers throughout

the State, with the sole

purpose of arming

students with the truth

about personal fi nance.

As part of ORNL

FCU’s commitment to fi nancial education, ORNL

FCU is making available the free, unique, and

web-based curriculum, which promises to tell kids

what they really need to know about money. It is

designed to give teachers more valuable time to

teach by doing virtually all of the administrative

work, automatically registering students, grading

tests, and allowing teachers to monitor students

from any computer connected online.

Because of its no-nonsense approach to

personal fi nancial literacy, FoolProof is the only

curriculum in the United States that is endorsed

by both the National Association of Consumer

Advocates and the Consumer Federation of

America. FoolProof is also a national sponsor of

the Jump$tart Coalition.

“Financial literacy and education is a key

focus area for ORNL FCU’s community relations

and outreach, and FoolProof is one

of several exciting initiatives that we

have planned,” said Chris Johnson,

President & CEO of ORNL FCU.

In April, ORNL FCU sent baskets

of apples to teachers at 64 high schools across

East Tennessee to promote the FoolProof

initiative. Each basket included information

about the FoolProof program and details about

how one lucky teacher could win an iMac™ for

their school.

ORNL FCU was proud to award the iMac

to Sevier County High School (SCHS) teacher

Martha Barnett. Martha has taught at SCHS for

10 years and currently teaches Marketing and

Retail Operations. She is also a Work-Based

Learning Coordinator/Supervisor at SCHS

and plans to use her new iMac to aid in the

production of advertising for the school’s

new Jumbotron.

“I registered for FoolProof because I am

always interested in trying new programs

to help me teach the

concepts to my students

in a new and fun way

that involves the use of

computers,” said Barnett.

“The classes I teach

always involve economics,

math, accounting, record

keeping, and career

management and the

modules in FoolProof will

hopefully help my students

gain knowledge in these areas. I also like the

fact that the students can access the modules

from anywhere they have computer access in

order to complete the homework.”

For more information on ORNL FCU’s

FoolProof Tennessee program, please visit

www.foolprooftennessee.com.

Pictured: Martha Barnett with the new iMac she won from

ORNL FCU

I f you’re in the market for a new ride, now is

the time to buy! We know searching for the

best deal in town can be stressful, so why not

make it a happy experience with fi nancing from

ORNL Federal Credit Union! With rates as low

as 1.69% APR* for up to 48 months, ORNL FCU

can fi nance your new or used car with a low

monthly payment that works within your budget,

or we can even help you lower your current

monthly payments by refi nancing your current

loan from another institution.

Don’t have an established credit history?

No worries! ORNL FCU members still have the

opportunity to access our First Time Borrower

auto loan program, which offers loan amounts

up to $25,000, terms up to 60 months, and

even up to 90% fi nancing!**

What are you waiting for? Rates as low

as 1.69% APR* are available, but only for a

limited time! By fi nancing your auto at ORNL

FCU, your auto-buying experience is sure to be

a HAPPY one!

Visit any branch, call 800.676.5328, apply

online at ornlfcu.com, or ask your auto dealer

for ORNL FCU fi nancing today.

* Annual Percentage Rate. Lowest rate based on Credit Union’s Qualifi ed Loan Program. New money only. Your rate may vary and is determined by your credit

qualifi cations, amount fi nanced, collateral, and loan terms. Estimated monthly payments of $431.28 based on $20,000.00 for 48 months at 1.69% APR. Other

rates and terms available. All rates and terms subject to change without notice. Other restrictions may apply. Please speak with a Credit Union loan representative for

full details.

**Borrower must show proof of one-year minimum employment history. Maximum loan amount $25,000 and maximum payment to income of 15%. Maximum

term 60 months. Maximum collateral/vehicle mileage is 80,000 miles. Must provide 10% down in cash or trade equity. Other restrictions may apply. Other rates

and terms available. All rates and terms subject to change without notice. See Credit Union for full details.

Page 2

T here are three positions on the Board of

Directors to be fi lled in 2015, each of

which is for a three year term. In order to

be considered for nomination, a Qualifi ed

Member of ORNL Federal Credit Union must

return a signed and completed Credit Union

Volunteer Application to the attention of Jen

Didyk either by hand delivery to the Credit

Union’s offi ce at 221 South Rutgers Avenue,

Oak Ridge, TN or by mail to P.O. Box 365,

Oak Ridge, TN 37831-0365 no later than

August 15, 2014. Applications may be obtained

by contacting Executive Assistant Jen Didyk at

either 865.425.2700 or jdidyk@ornlfcu.com.

The appointed Nominating Committee,

chaired by Sam McKenzie, will select the

nominees from the Applications and provide

those names to the Secretary of the Board no

later than August 29, 2014. After the

Nominating Committee has made its selections,

an opportunity will also be available for

Qualifi ed Members to seek nomination to the

Board of Directors by petition. Information about

the nomination by petition process will be

provided at a later date.

If there are more than three candidates

selected for the three available positions, an

election will be held prior to the Annual Meeting.

Information about the election will also be

provided at a later date. The winners will be

announced at the 67th Annual Meeting of the

Members on March 5, 2015.

Nominations Sought for Board of Directors

No Summer Vacation for Your Finances

S ummers can be relaxing with family activities, travel, and vacations.

While you may be looking forward to enjoying a slower pace this

summer, it is not a time to neglect your fi nances—especially this year.

Before you slip into your summer routine, here are some issues to consider.

Low Interest Rates on Borrowing

With rates at such low levels, you may want to consider refi nancing

your home mortgage. While rates have moved up somewhat since record

lows, you owe it to yourself to investigate whether it makes sense to

refi nance to a different type of mortgage to match your mortgage with

your needs.

We understand that the mortgage process may seem challenging, but

at ORNL Federal Credit Union, our goal is to make it exciting, simple, and

stress-free. Simply call 800.676.5328 today to have one of our Mortgage

Loan Offi cers walk you through the entire process. For current mortgage

rates, please visit our Web site at ornlfcu.com.

Rethinking Your Retirement Plans

Without an assured recovery in the value of your investments, the only

guaranteed way to have more money for retirement is to save more while

you are working. Be sure to take advantage of all the retirement plan

options offered by your employer. Then, consider contributing to an IRA

to save even more. The goal of ORNL Investment Services is to help you

reach your fi nancial goals. Call 865.425.2730 today to set up a no-cost,

no-obligation appointment with ORNL Investment Services’ representatives

Adam Millsaps and Gale Pace.

Putting Your Finances on Auto-Pilot

• Establish a regular savings program by having a set amount

transferred from your checking account into a share savings account.

Periodically move those funds into your investment portfolio.

• Have your mortgage and credit card payments made automatically

from your checking account.

• Setup a “dollar cost averaging” purchasing program for mutual funds.

• Save for a child’s college education with an automatic transfer into a

special savings account.

Making a few decisions and taking a few actions now can help you

develop a healthy relationship with your money—and enjoy the

summer even more.

Save Money with CU Community Insurance!

ORNL FCU Mortgage Loan Offi cers

D id you know that ORNL Federal Credit Union can help you shop for

the best insurance quote? Through our subsidiary, CU Community

Insurance, L.L.C. , ORNL FCU members are already saving hundreds of

dollars! Whatever your insurance needs may be—auto, home or even your

business—one of our agents will work with you to fi nd the best coverage

at the best rates. For a free, no-obligation quote, call 866.387.1139

or visit us online today at ornlfcu.com and click on the Insure tab.

*Purchase of insurance through CU Community Insurance, L.L.C. is not a condition of any ORNL FCU loan.

Page 3

I n its second year, the Knoxville

Film Festival, being held September

11th – 14th at Regal Downtown

West Cinema 8, is an opportunity

for the East Tennessee community to

recognize and celebrate the art of independent cinema. ORNL Federal

Credit Union is proud to support and embrace this unique form of art

through its Dogwood Arts Festival sponsorship.

Produced by Secret City Films and Dogwood Arts, the Knoxville Film

Festival provides a stimulating gathering in which the lovers and creators

of independent cinema come together to see and discuss interesting works

from local, regional, national, and international fi lmmakers. The multi-day

festival will screen documentary, feature, and short fi lms, and include

workshops and educational events, fi lmmaking competitions, networking

opportunities, special guests, and social events.

For more information about the

Knoxville Film Festival, including the event

schedule, fi lm screening lineup, ticket

information, and fi lm submissions, please

visit www.knoxvillefi lmfestival.com.

Team ORNL FCU is Movin’ and Shakin’!ORNL Federal Credit Union strives to be an employer of choice in the East Tennessee community, and we recognize the value in providing our

employees and their family members team-based participation opportunities to achieve their wellness goals. We proudly support employees’

engagement in a more active lifestyle. The spirit of teamwork and participation that ORNL FCU fosters in our work culture has been abundant in our

community -- you may have even seen a familiar ORNL FCU face at one of these events:

Knoxville Marathon, March 30th200+ employees plus their family members walked,

ran, and/or volunteered. This annual East Tennessee

event provides active opportunities for all ages and

promotes healthy lifestyles through walking and

running. The Knoxville Marathon supports various

youth track programs and fundraising for local

charities. ORNL FCU was once again awarded

second place in the medium category of the Fittest

Company Challenge, an initiative that recognizes

employers for leading their teams in health and

wellness through event participation.

JDRF Walk, April 26th40+ employees and their family members participated in

the Juvenile Diabetes Research Foundation (JDRF) Walk to

Cure Diabetes. Team ORNL FCU raised over $2,600 for

the JDRF Walk, which raises funds for millions of people

around the world affected by Type-1 diabetes.

Summer Softball, May and JuneApproximately 15 employees and their family members

represented Team ORNL FCU on the fi eld through the

summer softball league in coordination with the Oak

Ridge Recreation and Parks Department.

Oak Ridge Dragon Boat Races, May 31st20+ employees rowed their way to success at the

inaugural Oak Ridge Dragon Boat Races at Melton

Hill Lake. This fun-fi lled team sport activity challenges

participants in endurance and synchronization while

trying to be the fi rst team to cross the fi nish line!

The Second Annual Knoxville Film Festival

FRIDAYJULY 4

Boys & Girls Club Duck Race

World’s Fair Park (Knoxville)12 p.m.

SATURDAYAUGUST 9

Shred DayKingston Branch (1204 N. Kentucky St.)West Knoxville Branch (8721 Kingston Pike)9 a.m. – 12 p.m.

SATURDAYAUGUST 16

Feast with the BeastsKnoxville Zoo7 p.m. (details above)

MONDAYSEPTEMBER 1

Labor Day All Offi ces Closed

THUR–SUNSEPTEMBER 11–14

Knoxville Film Festival Details on page 3

Your savings federally insured to at least $250,000and backed by the full faith and credit of the United States Government

National Credit Union Administration, a U.S. Government Agency

Anderson CountyClinton1117 N. Charles Seivers Blvd.

Clinton Food City507 S. Charles Seivers Blvd.

Oak Ridge Main Offi ce221 S. Rutgers Avenue

Oak Ridge Walmart373 S. Illinois Avenue

Knox CountyBearden5505 Kingston Pike

East Knoxville3634 East Magnolia

Farragut11405 Municipal Center Drive

Farragut Kroger189 Brooklawn Street

Fountain City5208 N. Broadway

Karns7228 Oak Ridge Highway

Halls4510 Emory Road

Middlebrook Food City9565 Middlebrook Pike

Millertown Pike5409 Millertown Pike

Morrell Road Food City284 Morrell Road

North Knoxville808 Victor Drive

Northshore Kroger9501 Northshore Drive

Powell Kroger6702 Clinton Highway

South Knoxville7325 Chapman Highway

West Knoxville8721 Kingston Pike

Roane CountyKingston1204 N. Kentucky Street

Oak Ridge National LabP.O. Box 365

Rockwood Walmart1102 N. Gateway Avenue

Loudon CountyLenoir City895 Highway 321 North

Lenoir City Food City1900 Highway 321

Loudon2859 Highway 72

Campbell CountyLaFollette 2229 Jacksboro Pike

Blount CountyAlcoa103 Hamilton Crossing Drive

Maryville Walmart2410 U.S. Hwy. 411 South

Monroe CountyMadisonville4201 Hwy. 411

Hamblen CountyMorristown1730 W. Andrew Johnson Hwy.

Sevier CountySevierville699 Parkway #5

Union CountyMaynardville Food CityUnion Square Shopping Center, Hwy. 33

Loca

tions

DirectorsMarcy Catron, Chair

Randy Gorman, Vice Chair

Jama Hill, Treasurer

Wanda McCrosky, Secretary

Leigha Edwards

Harvey Gray

Sam McKenzie

James Payne

Debbie Stairs

Supervisory CommitteeDavid Watkins, Chair

Joel Pearman, Vice Chair

Gerald Smith, Secretary

Mary Kiser

PresidentChris Johnson

Offi

cials

UPDATE is published quarterly by ORNL Federal Credit Union as

an information service to its members.

Questions, comments, and suggestions should be sent to:

ORNL Federal Credit Union UPDATE,

P.O. Box 365, Oak Ridge, TN 37831.

Telephone: 865.688.9555*

Or Toll-Free: 800.676.5328*All locations except Madisonville,

Morristown, and LaFollette

Online Bankinghttps://www.ornlfcu.com

UPC

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FRIDAYJULY 4

Independence Day All Offi ces Closed

T his year marks the 20th anniversary

of the Knoxville Zoo’s Feast with the

Beasts event, one of the Zoo’s largest

annual fundraisers. ORNL Federal Credit

Union is excited to sponsor the event

again this year and continue our support

of the Zoo’s mission: To celebrate the

wonders of the natural world through

education, conservation, exhibition,

research, and recreation.

Feast with the Beasts will be held on

Saturday, August 16th from 7:00 until

11:00 p.m. and will offer attendees the

opportunity to sample delectable foods

and beverages from area restaurants and

vendors while enjoying various musical

entertainment throughout the evening.

Beginning July 14th, tickets may be

purchased at any ORNL FCU branch.

Members of ORNL FCU receive a $5.00

discount off the normal $65.00 ticket

price! Plus, a FREE ticket is given for

every ninth ticket purchased—a perfect

money-saving option for groups.

Tickets can also be purchased at the

Knoxville Zoo’s ticket window during Zoo

hours, online at www.knoxville-zoo.org,

or by calling 865.637.5331.

Feast with the Beasts is open to guests 21 and older. A current photo

ID must be presented at the event. Your

ticket includes admission to the event,

complimentary food and beverages,

and groovin’ entertainment. For more

information on the wildest event in

Knoxville, visit www.knoxville-zoo.org!

Feast with the Beasts is Celebrating 20 years!

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0 years! Talk About Savings! The Sprint Credit Union Member Discount

Let us introduce you to valuable savings on

monthly wireless bills —plus waived activation

and upgrade fees. It’s all possible thanks to

ORNL Federal Credit Union, Invest in America,

and Sprint’s Credit Union Member Discount

program—Available to new and existing Sprint customers.

*Application of discount requires 2-year contract extension on existing plans. Verifi cation of membership is

required at time of activation/upgrade. ORNL Federal Credit Union does not guarantee service eligibility.

Discount not available on secondary lines for Family and Business Share plans.

All rights reserved. Sprint, the logo, and other trademarks are the trademarks of

Sprint Nextel.

Ways you can save:

• 10% off*select personal Sprint plans

• 15% off*select business Sprint plans

• Waived activation fee on new activations

• Waived upgrade fee

3 Ways to Get Your Discount:

• Call 877.SAVE.4CU (877.728.3428) and tell

them you’re a credit union member.

(Ask to be a part of the NACUC_ZZM Corporate

ID to save.)

• Click LoveMyCreditUnion.org/Sprint

• Visit your nearest Sprint store