New Branch to Open at Baptist Parkridge

In This Issue

10 Ways to Save on Auto Insurance . . . . . . . . 2

Coming Soon – New and Improved Online Banking . . . . . . . . . . . . . . . . . 3

New ACH Fees for Phone Payments . . . . . . . 3

IRA Rollover Changes for 2015 . . . . . . . . . . . 3

Privacy Policy . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Inactive Debit/ATM Cards . . . . . . . . . . . . . . . . 3

Annual Meeting Recap . . . . . . . . . . . . . . . . . . . 4

Tips to Trim Travel Costs . . . . . . . . . . . . . . . . . 4

April 2015

PHCU Is Growing!

Palmetto Health Credit Union will open a new branch on the Baptist Parkridge campus in the Urgent Care building in 2015 . Members can expect to receive the same exceptional service that they have grown accustomed to, plus the added convenience of a location where many of our members work and live . Be on the lookout for more information about the opening date!

Mobile Deposit Has ArrivedIn October, PHCU introduced Mobile Deposit, which allows qualified members to deposit checks quickly and easily from anywhere using their smartphone . Online Banking users can simply download our free PHCU App on their mobile device and select Mobile Deposit . Please call us at (803) 978-2101 if you need assistance or have any questions about the qualifying factors .

2 April 2015

Auto insurance is a necessary expense for all drivers – it protects you against financial loss if you have an accident and it’s required by law in nearly every state . There are steps you can take to reduce the cost without sacrificing coverage .

1. Raise your deductibles. A deductible is the amount you pay before your insurance coverage kicks in, and the higher the deductible, the lower the premium . If you can afford to increase your deductible from $200 to $500, you could cut your premium by 15% to 30%, according to the Insurance Information Institute .

2. Ask about group rates. PHCU’s TruStage™ Auto Insurance Program can provide discounted rates for credit union members like you . Call 1 (855) 483-2149 to get your free quote today .

3. Choose the appropriate coverage. Too much or too little coverage can be costly, but an insurance representative at TruStage can help you determine the right amounts based on your vehicle and financial situation .

4. Comparison shop. The cost of insurance varies widely from company to company, so obtain quotes from at least three insurers before deciding on the best deal . And remember to consider customer service; quick response times and friendly assistance will be important if you need to file a claim .

5. Buy in bulk. Many insurers will reward you with a multi-policy discount for purchasing your homeowners and auto insurance from the same company . Insuring several vehicles may also qualify you for the discount .

6. Maintain good credit. Your credit rating can have a direct impact on your insurance rate – statistics show that those with strong credit histories make safer drivers – so it pays to improve your score . Contact a representative at PHCU for help in boosting your credit rating .

7. Drive safely. A clean driving record (no accidents or moving violations over the past few years) may qualify you for

a discount . Completing a driver safety course may also reduce insurance costs .

8. Car shop wisely. Before you sign on the dotted line, estimate the cost to insure the vehicle you’re buying . The car’s price, cost of repairs, overall safety record and likelihood of theft help determine your premium .

9. Ask about additional discounts. Insurers may reduce the cost of your coverage if you are age 50 or older, are a student with good grades, are a long-time customer, or if the vehicle is equipped with an anti-theft device or safety features .

10. Drive less. If you drive fewer miles than the average person per year, you may qualify for a low-mileage discount . Carpooling to work can help .

For more information or to get a free quote on TruStage insurance products, call 1 (855) 483-2149.

Ways to Save on Auto Insurance10

Vital $igns 3

Coming Soon – New and Improved Online Banking

IRA Rollover Changes for 2015

Privacy PolicyPalmetto Health Credit Union’s Privacy Policy and Agreement can be found on our website (www.palmettohealthcu.org) under the Resources tab and on the bottom of each page of the website . The direct link to our Privacy Policy is www.palmettohealthcu.org/privacy1.php .

If you have any questions or would like a printed copy, please contact us at (803) 978-2101.

New ACH Fees for Phone PaymentsEffective May 1, 2015, PHCU will begin charging a $10 .00 fee for loan payments made from another financial institution over the phone and processed through the automated clearing house (ACH) . To avoid paying this fee, you could consider setting up an ongoing ACH origination, changing your payroll deduction amount or making your loan payments by check or Bill Pay .

Inactive Debit/ATM CardsIn an effort to minimize debit card fraud, PHCU will close any debit/ATM card that has had no activity for the preceding six months . If you need a replacement card, please contact us at (803) 978-2101 or visit a branch .

PHCU will be introducing a new and improved online banking system this summer . It will offer all the technology and convenience you need to manage your money easily, quickly and securely . NetTeller® Online Banking™ will not only include the features you’re accustomed to, but you’ll also be able to:

• Set up recurring transfers between your accounts• Customize your Online Banking home page • Create names for your accounts online and arrange them in the order that you

want to view them• Reset your password if you’ve forgotten it

Beginning Jan . 1, 2015, an IRA owner may complete only one IRA rollover in any 12-month period, regardless of how many IRAs are owned . If an owner has three IRAs, they can no longer complete a rollover for each IRA . For more information visit www.irs.gov/Retirement-Plans/IRA-One-Rollover-Per-Year-Rule.

Ways to Save on Auto Insurance

Products and ServicesDeposit Accounts*Share SavingsMoney Management CheckingHealth Savings AccountsCertificates and IRAsChristmas, Back-to-School and Vacation Club accounts

* All deposits in Palmetto Health Credit Union are insured up to $250,000 by NCUA. IRAs are separately insured up to $250,000.

LoansNew and Used VehiclesBoats, Motorcycles, RVs Home Equity Lines of CreditFirst and Second MortgagesPersonal Loans

How to Contact UsVisit www.phcu.org or call (888) 978-2101 or (803) 978-2101. You can access your accounts through Automated Teller at (800) 996-4676.

This publication does not constitute legal, accounting or other professional advice . Although it is intended to be accurate, neither the publisher nor any other party assumes liability for loss or damage due to reliance on this material . Websites not belonging to this organization are provided for information only . No endorsement is implied . Images may be from one or more of these sources: ©iStock, ©Fotolia . ©2015 Bluespire Strategic Marketing | bluespiremarketing .com

Memorial DayMonday, May 25, 2015

2015 Holiday Closings

Palmetto Health Credit Union Branch InformationPalmetto Health Richland9 Medical Park, Suite 240Lobby HoursMonday–Friday, 8:30 a .m . – 5 p .m .Payday Friday, 7:30 a .m . – 5 p .m .

Palmetto Health Baptist1333 Taylor Street, Suite 5-CLobby HoursMonday–Friday, 8:30 a .m . – 5 p .m .Payday Friday, 7:30 a .m . – 5 p .m .

Baptist Easley Hospital200 Fleetwood DriveLobby Hours Monday–Friday, 7:30 a .m . – 4:30 p .m .

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Annual Meeting RecapOur annual meeting was held Tuesday, Feb . 3, 2015, on the Richland Campus . PHCU President Hansel Hart went over the financial results from 2014 and announced new products and services that are being offered in 2015 . Door prizes were given out; winners included: Denise Neal-Singleton, Lorraine Samon, Ayisha Closs, Tanya Sloan, Jonathan Dickinson, Nicole Davis, Maxine Mixon, Ajrion Traynum, Louis Johnston, and Cathey Moore .

The election of Board of Directors was held in accordance with the procedures and requirements established by the Bylaws of Palmetto Health Credit Union . The following individuals were re-elected or will continue to serve .

Board of Directors

Matthew Horne – chairShanna Wright – vice chairMary Winstead – secretary

Susan Sipes – treasurerCharlene Cathcart Alice Renfrow

Pam Burgess BJ TraynumEureka Robertson

Try these tips to cut costs before you reserve your flight, hotel room or rental car .

1. Buy early and on Tuesdays. If you can book a flight three to four months in advance, you have the best chance of getting low airfare .

2. Travel after a major holiday. Waiting a week and traveling after a big holiday can snag you lower travel costs on airfare, car rental and hotel stays . Plus you’ll avoid crowds and long lines

3. Seek out discount codes online. You’ve probably noticed a box for a coupon code when you’re at the

checkout stage for an online reservation . Simply enter the discount code and start saving!

4. Ask about lower rates. Even in the Internet age, a personal phone call to a hotel’s front desk can often help you negotiate a discount .

Be sure to pack your PHCU Debit Card and let us know if you’ll be traveling in another country so we can make sure your card will work while you're away . Don’t forget you can manage your finances while you’re gone using Online Banking .

Tips to Trim Travel Costs