spring 2016 - gascu.org · effective 04-2016 presented by liberty trust preparation who should have...

We’re celebrating 79 years of quality member service.

Monday, May 23, 2016Wilson Middle School

1221 Monterey Road in Glendale

Refreshments served in cafeteria 4:30 p.m.

Business Meeting & “BIG SPIN” Cash Prizes start at 5:00 p.m.

You must be present to win, so mark your calendar and plan to attend! This invitation is extended to all GASFCU members and their guests only.

Credit Union will close this day at 3:00 p.m.Cash Prizes • Play the “BIG SPIN”

Great Food • Lots of PrizesNo Ticket or Reservation Necessary

You’re InvitedTo Attend Our 79th Annual Meeting

Glendale Area Schools Federal Credit Union • Stuart Perlitsh, CEOThe Insider

Spring 2016

In this Issue:

MEMBER APPRECIATION

MONTH WINNERS!

Living TrustWorkshop

Important DatesThe Credit Union will be closed in observance of the following holiday:

May 30, 2016 .........Memorial Day

Providing Strength and Soundness in Financial Services

Glendale Area Schools Federal Credit Union Financial Information as of February 2016:

Assets . . . . . . . . . . . . . . . . $344,032,237

Shares. . . . . . . . . . . . . . . . $297,344,130

Loans . . . . . . . . . . . . . . . . $64,379,174

Net Worth. . . . . . . . . . . . . $45,148,910

Net Worth Ratio . . . . . . . . 13.12%

Where to borrow, where to save, period.Toll-Free Number .................................. 800/844-5363Toll-Free Personal Account Link ............ 888/24HR-PAL

Main Office: 1800 Broadview Drive • Glendale, California 91208818/248-7425 • 800/844-5363 fax 818/248-3486 Visit us on the worldwide web at www.gasfcu.org

Main Office Hours: Monday, Tuesday, Thursday, Friday 9am – 5pm Wednesday 9am - 6pm

Branch Office: Glendale Post Office • 313 East Broadway, Basement Glendale, California 91209

Branch Hours: Monday through Friday 10am – 5pm

Note: Glendale Area Schools Federal Credit Union reserves the right to make changes at any time without notice as a result of changes in policy, law or regulation. Call the Credit Union office for rates and terms. Dividends cannot be paid beyond earnings.

The Insider is a quarterly publication of Glendale Area Schools FCU. Effective 04-2016

Presented by

Liberty Trust Preparation

Who should have a living trust?• Do you own real estate? • Do you want to avoid conservatorship? • Do you have minor children? • Do you want to control when your beneficiaries will receive their inheritances? • Do you want your heirs to avoid probate when you die?

If you answered YES to any of these questions, you should consider a living trustregardless of your age, martial status, or wealth. To learn more about a living trust join us at our living trust workshop.

Register Today! Call Liberty Trust Preparation at 1-800-922-7764.Workshops are free and there is no obligation.

Workshop location:Glendale Area Schools FCU, 1800 Broadview Drive. Space is limited. The location is the second floor of the credit union. There is no elevator. Seating is based on availability.

Date: Thursday, April 21, 2016Times: 10:00 a.m., 2:00 p.m. and 6:00 p.m.

WorkshopLiving Trust AWARDED DECEMBER 2015

Phone 818.465.6111 www.drivewiseauto.com

You’ll never buy a car any other way once you’ve spoken to our new Auto‐Buying & Leasing partner

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NEW ● USED ● PURCHASE ● TRADE ● ACCESSORIES

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At DriveWise Auto, it’s not just about cars. It’s about the world in which they’re driven!

DriveWise Auto makes auto buying and leasing easy, and because we’re Charity Driven®, we’ll make a donation to your favorite charitable organization every time you use our services to take delivery of a vehicle. Let’s face it…vehicles are what get us from point A to point B, but they’re also a product like any other, which makes finding a good price easy for most. What’s not easy is finding a company that offers good pricing AND great service. Through your credit union, you now have access to a company that does both right at your fingertips…no matter what kind of new or used car, van, SUV, crossover or truck you’re looking for. Whenever you’re ready for your next car, reach out to us, and ask for Sheila! Sheila Soriano, Consultant


No Hassling or Pressure

Personalized Research

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Just look at what our most recent personalized research delivered to GASFCU members. Fantastic prices on new and used vehicles. Fantastic loan rates and terms. Fantastic Service. All under one roof. NO HAGGLE. NO HASSLE. NO PRESSURE. NO SWEAT. NO BRAINER.

2016 Hyundai Sheila, Thanks for obtaining the absolute best price for my Hyundai. I researched all the internet sites, obtained fleet prices from the dealerships, located actual published pur-chase orders and learned of the dealer hold-back price. In spite of all my research you obtained the best price. Your network is better than mine. Aaron & Ashlee

Thank you GASFCU for Member Appreciation Month. My bank has never done an Apprecia-tion Month. As a member for over 11 year I want to thank the credit union for its “free” checking account and Gold VISA credit card. I am loving my credit union more and more and maybe it’s time to close down my Wall Street bank for my

Main Street credit union!Warren & Marilyn B.

I have never experienced a bank hosting Member Appreciation Month. I am so glad my credit union appreciates me as much as I appreciate them. My direct de-posit arrives at the speed of light and the staff is always so helpful and friendly. My credit union VISA gold card is top of wallet because of all the great reward points I earn. Thank you for the recognition of Member Appreciation Month. And thank you for providing me with over 15 years of wonderfully terrific financial products, services, ben-efits and a trusted place to conduct business. - Pat G.

2016 Toyota Drive Wise, I can’t begin to thank you enough for getting me the best price and at the greatest convenience. No stress. No haggling with any salesmen. No pressure. You made my Toyota delivery pleasant and pleasur-able. Jan J.

2016 ToyotaThanks you for all your fine work and research on my behalf. Marilyn C.

2016 Honda Thank you for making this Honda purchase so easy for me. Not only did you save me a bunch of money from the crazy sticker price but you saved me countless hours of valuable time. Everything you promised you delivered. You also saved me countless hours with all the salesmen and the crazy dealer-ship finance department. This is the only way I will buy a car. Karen M.




All Makes & Models


Competitive Pricing

Concierge Service









All Makes & Models


Competitive Pricing

Concierge Service









All Makes & Models


Competitive Pricing

Concierge Service






MEMBER APPRECIATION MONTH WINNERS! CONGRATULATIONS TO:

Conquer the Paper Pile!Whether you filed your taxes early in January, recently, or filed for an extension there is likely to be a paper pile. Regardless of what you call it, a stack, heap, or pile it can become monstrous. Filing your tax return and gather-ing all the information needed, forces us to get familiar with our finances.

There are many good reasons to keep important papers and documents. It’s a great time to get organized and sort out what to keep and for how long. It’s a good feeling to know if an emergency happens you could locate essential documents quickly. And, on an everyday basis, good record keeping makes it easier to pay bills, find receipts and takes a lot of the anxiety out of next years tax season.

Financial records can be put into five categories.

Reconcile, Then Keep Or Shred• Keep deposit and ATM receipts until you reconcile them with your monthly statements.• Keep paid credit card statements, unless needed to support a tax deduction. In this case file the statement with your current-year tax records. Also, if an item you’ve charged is under warranty staple the credit-card bill to the warranty document and keep it in addition to the actual bill. The statement might come in handy if the purchased item needs repair or breaks.

Papers Needed For The Current Calendar Year Or Less• Keep monthly checking and savings statements. After you do your taxes, file any statements needed to prove deductions with you tax records.• Keep insurance policies that you renew each year until you get new policies.• Keep pay stubs for the calendar year until you reconcile them with your annual W-2 form.• Receipts can be kept in an envelope until your credit card bill comes in, or if you think you might return something. • Place receipts for itemizing deductions with your current tax records.

Keep As Long As Owned• Investment statements from brokerage, 401(k), IRA, Keogh, and other investment accounts can be shredded as new ones arrive. But keep annual statements until you sell the investments. • Keep any investment purchase confirmations to establish your cost basis and holding period for when you sell, unless this information appears on your annual statements.• Keep records relating to any real estate or property until the period of limitations expires for the year in which you sell or dispose of the property. You need these records to figure any depreciation, amortization, or depletion deduction and to figure the gain or loss when you sell or otherwise dispose of the property.• Keep receipts, warranties, and instruction booklets for major appliances and electronics. You can get rid of a warranty when the period it covers has passed, and the rest of the material when you no longer own the item. • Keep closing documents for mortgage, vehicle, and other loans until they are paid in full.• Savings bonds should be kept in a secure place until you cash them in. You can convert them to electronic form using the Treasury’s Smart Exchange program at www.treasurydirect.gov.

Hold These For Seven Years• Personal federal and state tax returns and their supporting records must be kept because your returns can be randomly audited up to three years after the date you filed the return. After seven years, you may want to keep just the tax returns if you’d like to track your income over the years.

Do Not Toss• Essential records such as birth and death certificates, marriage licenses, divorce decrees, Social Security cards, and military discharge papers should be kept indefinitely. • Keep pension-plan documents from your current and former employers. • Keep copies of wills, trusts, and powers of attorney. You should also make sure your attorney and executor have copies. • If you own life insurance policies that have cash value or investment components keep these documents and a list of the issuing com- panies and their phone numbers together.• Keep your term life policy documents until the term is over.

Keep The Pile SmallSet up a place you can keep your bills until you pay them. When a bill comes in, put it in a folder labeled bills to pay. Set a day and time when you’re going to sit down and pay them. If you haven’t already signed up for our online bill pay now may be the perfect time. With online bill pay you can schedule your payments in advance and even set up monthly payments for amounts that don’t change, like your mortgage, cable bill, and other services; so you’ll never be late!

Sincerely,Stuart Perlitsh, CEO Glendale Area Schools Federal Credit Union

MESSAGE FROM THE CEO

AWARDED DECEMBER 2015

As a member for over 40 years I would like to thank the credit union for being so helpful and profession-al. When so many banks have failed over the years it is refreshing to have a credit union that I can feel safe and secure with my accounts.Sherry T.

Thank you credit union. What a pleasant surprise to be a Member Appreciation Month winner. This is the best credit union. I am so happy with my FITBIT. This will keep me healthy. And I know the credit union is keeping my funds healthy,

safe, sound and secure.Ana M.

Thank you GASFCU! We love our credit union. You have always been our primary finan-cial institution. Why would anyone go to a Wall Street bank when you can go to a credit union? Thanks for be-ing so professional in keeping our accounts safe and secure. Being a member/owner of the credit union sure beats being treated as a cus-tomer at those too big to fail mega banks. And thanks for Member Ap-preciation Month - this is where we belong!Daniel & Lilia V.

spring 2016 - gascu.org · effective 04-2016 presented by liberty trust preparation who should have...

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