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• Free eStatements • Free Retirement Seminar • Visa Platinum Card • B.A. Candler Scholarship Winners

Page 3 • Sprint Member Discount • Feast With The Beasts • Knoxville Film Festival

Page 4 • Team ORNL FCU • Upcoming Events & Holidays

Third Quarter • Vol 48 • No.3

Published quarterly by ORNL Federal Credit Union

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O RNL Federal Credit Union is excited to announce that a new branch will be

opening in 2014 in Northshore Town Center, a mixed-use community development property. The Northshore Town Center location will be the site of the Credit Union’s 33rd branch and will provide a full suite of services and greater convenience to members in this area.

“We are very pleased to be making this

expansion announcement as it will allow us the opportunity to better serve and bring increased value to our members,” said Chris Johnson, President and CEO. “We have a very dedicated staff and Board of Directors who have worked hard to make this expansion a reality, and since we are member-owned, our focus is on delivering solutions to our members, rather than making money for stockholders.”

Northshore Town Center is a 134-acre site located at Pellissippi Parkway and Northshore Drive. The development’s master plan anticipates retailers, restaurants, entertainment, office space, plus single-family homes, multi-family homes, apartments, condos and townhomes, all complemented by a five-acre lake. In addition, Northshore Elementary will open this fall and accommodate nearly 1,000 students.

New Branch to Open at Northshore Town Center

A s a member, you know that as a

cooperative, ORNL Federal Credit Union is owned and

directed by you and governed by a member-elected volunteer Board of Directors. As a volunteer on your Board of Directors and Chair of the Credit Union’s Governmental Affairs Committee, I am writing to you regarding some concerning changes being proposed that would directly impact our Credit Union.

Unlike banks that maximize profits for a small group of investors, we exist to serve you, our members, including working families, small businesses, and the local community. Because we return benefits to our members, we are able to offer competitive products and services, and a higher level of personal service and experience. That’s why your ORNL Federal Credit Union is not-for-profit and tax exempt.

You may be aware that politicians in Washington are considering an overhaul of the federal tax code, which includes talks of taxing credit unions like ORNL Federal Credit Union, despite the fact that credit unions are not-for-profit. At this time, credit unions across the nation are asking their members to take action by sending a strong message to Congress: “Don’t Tax My Credit Union.”

A tax on credit unions would hinder their ability

to function and provide services to members just like you. Credit unions are able to offer lower fees on services, lower rates on loans and higher rates on deposits because of their tax exemption status. In fact, the Credit Union National Association states that for every $1 of their tax exemption, credit unions return $10 to consumers in better rates and lower fees. If Congress taxes credit unions, these benefits go away, and possibly so will many credit unions. Simply stated, a tax on credit unions is a tax on its members.

“Don’t Tax My Credit Union” is a national campaign dedicated to ensuring Congress doesn’t raise taxes on 96 million credit union members nationwide and preserves financial choice for American consumers. It’s easy to take action! Simply visit www.donttaxmycreditunion.org, where you will find ways you can get involved and show your support for preserving the credit union tax exemption.

Now is the time to tell Congress that credit unions like ORNL Federal Credit Union exist to promote the economic well-being of their members by investing in people who have been traditionally underserved by banks. Join us in taking action today and support your cooperative, ORNL Federal Credit Union!

James Payne ORNL FCU Board of Directors

Chair, Governmental Affairs Committee

Tell Congress: Don’t Tax My Credit Union!

T hanks to members, ORNL Federal Credit Union has been recognized by the National

Association of Federal Credit Unions as one of the top participating credit unions in the NAFCU/PAC Pals Program! Sales of the NAFCU/PAC Pals concluded at the end of May, with over $7,500 raised to support the NAFCU/PAC. Funds generated through the NAFCU/PAC will go to support candidates and congressional members who:

• Understand the good works credit unions do in their communities

• Are active with their local credit unions

As credit unions continue to face ongoing regulatory challenges and political pressures, ORNL Federal Credit Union is committed to taking an active role to keep the credit union movement healthy and strong at the government level. Thank you to all members for making the credit union voice heard!

NAFCU/PAC Pals Program

To all ORNL Federal Credit Union members,

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E ach year, ORNL Federal Credit Union, through the University of Tennessee general scholarship

fund, awards a $1,000 scholarship to a deserving student/member with excellence in education and social merit. The B.A. Candler Scholarship was established in 1993 to honor Bob A. Candler, who retired as the Credit Union’s president after 31 years of service.

This year, the scholarship endowment was able to award two scholarships to the University of Tennessee: Congratulations to Brooke Cunningham, a 2007 graduate of Oak Ridge

High School, and Beatríz Satizábal, a 2013 graduate of Halls High School. Brooke is a rising third-year Interior Design student in the College of Architecture and Design. Beatríz plans to major in Chemistry with a Pre-Med concentration and minor in Medieval and Renaissance Studies.

The students were selected by the UT General Scholarship Committee and will be attending the University of Tennessee in the fall, where they may use their scholarship award towards books, tuition, or any other school-related expense. The next application deadline is March 1, 2014.

B.A. Candler Scholarship Winners

I f you’re looking for a quick and easy way to help reduce clutter in your mailbox and “go

green” at the same time, make the switch today from paper statements to eStatements! eStatements are a fast and convenient way to monitor your accounts at ORNL Federal Credit Union. They are accessible anytime, anywhere just by logging-in to your secure Online Banking account. eStatements – fast, convenient, secure, and environmentally friendly.

To enroll today, stop by any of our branches, call 800.676.5328 or sign-up online at ornlfcu.com.

Simplify Banking with Free eStatements!U

pcom

ing F

ree S

emin

ar Retirement Income StrategiesYou have spent a lifetime accumulating money for your retirement. Now you have to make important decisions about how to generate a steady income stream and not outlive your funds, and these decisions could have lasting repercussions.

You are invited to attend an educational workshop where we’ll focus on strategies that are designed to help you improve your financial situation.

Presented by Brian MullinsORNL FCU Main Branch221 S. Rutgers Ave Oak Ridge, TN 37830August 6, 2013 @ 6:00 PM Please contact Wendy Martin at 865-425-2730 or wmartin@ornlfcu.com to register

Refreshments will be served

Brooke Cunningham Beatríz Satizábal

A s the end of summer quickly approaches and back to school draws near, take advantage

of ORNL Federal Credit Union’s low-interest credit card to help you pay for a family vacation or back-to-school expenses. With introductory rates as low as 3.99% APR*, the ORNL Federal Credit Union Visa Platinum Card with Rewards is a great way to earn points toward gift cards and travel on expenses you can’t avoid. You can even use the card to consolidate other high interest rate credit cards, plus there are no balance transfer fees or annual fees!

Don’t let the stress of last minute vacation plans and back-to-school shopping stop you from enjoying the rest of the summer season – apply today for your ORNL Federal Credit Union Visa Platinum Card with Rewards! Visit ornlfcu.com or stop by any branch to get more information or fill out an application.

*After the promotional period ends, you will receive a variable APR between 7.99% - 17.99% based upon your creditworthiness.The introductory rate will be fixed for 12 months on balance transfers, cash advances and purchases created within the first 60 days of the account opening. Offer for new money only. Cannot be used to transfer existing ORNLFCU balances. Credit score of 680 and above to qualify. Any month in which you must pay interest the minimum interest payment will be 50 cents. 1% foreign transaction fee. Other restrictions may apply. Contact ORNL Federal Credit Union for more detail.

Enjoy Your Summer with our Visa Platinum Card with Rewards!

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19th Annual

Feast With The Beasts

O RNL Federal Credit Union is proud to be the Presenting Sponsor of the Dogwood

Arts Festival and we are excited that Dogwood is embracing a unique form of art with the creation of the Knoxville

Film Festival. Produced by Secret City Films and Dogwood Arts, the Festival’s mission is to recognize and celebrate the art of independent cinema. It exists to provide 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 filmmakers.

The Knoxville Film Festival will be held September 19th – 22nd at Regal Downtown West Cinema 8. The multi-day festival will screen documentary and short films, include workshops, educational events, and filmmaking competitions, as well as host networking opportunities, special guests, and social events. It promises to be the biggest and best film festival in the region, offering more opportunities and exposure to local,

regional, and national filmmakers. For more information about the Knoxville Film

Festival, including the event schedule, film screening line-up, ticket information, and film submissions, please visit www.knoxvillefilmfestival.com.

Knoxville Film Festival

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. Start saving with Sprint today!

*Application of discount requires 2-year contract extension on existing plans. Verification of membership is required at time of activation/upgrade. 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.

Talk About Savings! The Sprint Credit Union Member Discount

Recreated PMS

Mark your calendars for the Knoxville Zoo’s 19th annual Feast with the Beasts on

Saturday, August 17th from 7:00 until 11:00 p.m. This annual event is one of the Zoo’s largest fundraisers each year and supports the mission of the Zoo: To celebrate the wonders of the natural world through education, conservation, exhibition, research, and recreation.

At Feast with the Beasts, you can sample the most delectable foods and beverages from more than 35 area restaurants and vendors while enjoying various musical entertainment throughout the evening. Beginning July 15th, you can purchase your tickets at any ORNL Federal Credit Union branch. As

a member of ORNL FCU, you receive a $5.00 discount off the normal $60.00 ticket price! And, if you buy nine tickets, you’ll get the tenth ticket for free. Tickets will be $70.00 the day of the event.

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!

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

Available to new and existing Sprint customers

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

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 Office221 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, ChairHerb Debban, Vice ChairJama Hill, TreasurerWanda McCrosky, SecretaryLeigha EdwardsRandy GormanCindy MayfieldSam McKenzieJames Payne

Wayne Hood, Recording Secretary

Supervisory CommitteeHarvey Gray, ChairDavid Watkins, Vice ChairGerald Smith, SecretaryVickie Caughron

Joel Pearman

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 Banking™ https://www.ornlfcu.com

Team ORNL FCU: On the Move!

Y our Credit Union is more than just financially fit – it’s physically fit! Recently, ORNL Federal

Credit Union employees and family members were “On the Move” in two local events: The Covenant Health Knoxville Marathon, which was held on April 7th in downtown Knoxville, and the Juvenile Diabetes Research Foundation (JDRF) Walk to Cure Diabetes, held on May 11th at World’s Fair Park.

There were 89 ORNL Federal Credit Union employees who participated in the Knoxville Marathon, while 51 employees and family members participated in the JDRF Walk! The very same team spirit that delivers the solutions you need with the service you trust was alive and thriving as Team ORNL FCU walkers and runners participated in each event.

With over 7,000 participants, the Covenant Health Knoxville Marathon provided active opportunities for all ages to get involved during the first weekend in April. An East Tennessee premier event, the Knoxville Marathon promotes a lifetime

of well-being through walking and running. The inaugural Knoxville Marathon was held in 2005 and is produced annually by the Knoxville Track Club, a 501(c)3, non-profit organization that supports our community through various youth track programs and fundraising for local charities. ORNL Federal Credit Union was awarded second place in the medium category of the Fittest Company Challenge. Sponsored by Humana, the Fittest Company Challenge is an initiative that encourages area companies to engage employees in a more active lifestyle.

The JDRF Walk to Cure Diabetes is a fun-filled charity walk that raises funds for the millions of people around the world affected by type 1 diabetes. Team ORNL FCU raised over $3,400 for the Walk, which will aid in JDRF’s ability to award research funding and act as a powerful advocate in the type 1 diabetes community. More than 600,000 people participate in the Walk each year, which has raised more than $1 billion for

type 1 diabetes research since 1992!“ORNL Federal Credit Union values the

members we’ve served for over 60 years and is committed to building upon our legacy of delivering service excellence from the inside out,” shared Chris Johnson, ORNL Federal Credit Union President & CEO. “One way we do this is by supporting and encouraging employee participation in community events such as the Covenant Health Knoxville Marathon and the JDRF Walk to Cure Diabetes.”

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ays JULY 4 Independence Day All offices closed

JULY 20 Shred Day Loudon & Millertown branches

AUGUST 17 Feast with the Beasts Knoxville Zoo Details on page 3

SEPTEMBER 2 Labor Day All offices closed

SEPTEMBER 14 Shred Day East Knoxville & Farragut branches

OCTOBER 4 HBAGK Parade of Homes

Details available at www.theparadeofhomesknoxville.com