European Stars and Stripes (Newspaper) - March 14, 1991, Darmstadt, Hesse                                Thursday March 14, 1991 Abcde paid advertisement Page 5sfcu atm updates your Sucu atm card can be used in most networked arms providing you Access to your funds Twenty four hours a Day throughout the world. For your added convenience Sucu has added arms in Berlin Stuttgart Heidelberg Baum older and Ramstein with More to follow. Apply for your free atm card today. Sucu says no service Federal credit Union says no to charging unnecessary fees. Our members done to pay monthly maintenance fees on their savings accounts and no minimal balance is required. There is no fee assessed on share draft checking accounts if sure pay direct Deposit is maintained. Our members can make an unlimited number of withdrawals with no fee. There is no fee for do travellers Check purchases. Sucu says a no a for you. Sucu says yes members asked for do Cash sales and do travellers checks and Sucu listened. All branches now sell Dos and do travellers checks. Do travellers checks Are accepted at Many Large department stores and can be deposited at All German Banks a Handy Way to pay your rent and As usual with Sucu. No Purchase fee is charged. Pre approved Loans a hit serve cd Federal credit unions pre approved loan service called a Csc credit worthiness certificates like Cash in your hand. Our members Are discovering the enjoyment of shopping for a car knowing exactly what they can afford. They re feeling the thrill of real negotiating Power. The Only question left unanswered is a which is the Best car for me Quot wherever you Are service Federal credit Union serves you with visa atm and vip. Sucu lets you take your purchasing Power with you. There is no annual fee an annual percentage rate apr of Only 15.5 percent and a 25-Day Grace period from the statement closing Date. Credit life credit disability and free travel insurance Are also available. Your Sucu atm card May be used in any atm machine displaying the Cirrus Afan the Exchange to Honor discover and Yankee in recent months the floundering Federal savings and loan insurance corporation folic and the Federal Deposit insurance corp Odic have received widespread news coverage. A Many investors have exhibited concern about the safety of their Money which has been deposited in America s Banks and credit  a in fact concern runs so deep that our country a lawmakers Are conducting continuing investigations into the safety and soundness of the nations Banks savings and Loans and credit unions. How Safe is your Money credit unions found safest Quot $ m. So a mry Deposit and share insurance in general there Are three types of Deposit insurance programs for financial institutions private insurers state insurers and federally backed insurance programs. Each is distinctly different. Only one fed eral insurance is backed by the financial strength of the . Government. There Are. Three funds that can be called Federal insurance programs. Each is set up for a specific purpose. The Odic Federal Deposit insurance corporation is an Agency of the Federal government that protects deposits in Banks. The folic Federal savings and loan insurance corporation is a separate Federal Agency which protects deposits in savings and loan institutions. The Nausif National credit Union share insurance fund is the insurance program that protects the savings in your credit Union. It is administered by an Independent Agency of the Federal government the National credit Union administration or Nacua. These Are the initials you see in your credit Union because every federally insured credit Union is required to display the official Symbol. 24 logos network logo anytime anywhere. Returning to the .? service Federal serves you there too and you Are the very important person with our vip line. The vip line is service Federal a automated Teller system. This allows you easy Access to your account anytime Day or night. And you May use the toll free vip line anywhere there is a Telephone. Service Federal is continually striving to improve our services to meet your needs anywhere. What does it mean its important to know that not All Deposit insurance programs Are the same. Some Are stronger than  Money is Only As Safe As the insurance program that protects it. Quot the main focus of an article in the november 19, 1990 Issue of Barrons a weekly newspaper that targets ongoing developments affecting the nation s finance is credit unions enviable Good health at a time of growing troubles for Banks and savings and Loans. According to the article in Barrons which boasts National circulation in excess of a Quarter million a credit unions Are faring better than Banks and thrifts Quot largely due to their concentration in conservatively run consumer loan programs. Loan delinquencies for federally insured credit unions As stated in the article was 1.62 percent As of june 30 based on figures from the National credit Union administration compared with delinquency rates for federally insured Banks and thrifts of 3.04 percent and 7 percent respectively. Credit unions capital to assets was 7.3 percent the article continues while Banks and thrifts show ratios of 6.3 percent and 1.7 percent respectively. According to Rodney Brock president of service Federal credit Union a federally insured credit unions Are highly restricted in the types of investments they May make and Are specifically denied authority to invest in High risk ventures such As junk Bonds and real estate speculation that led to. The demise of the folic Quot in credit unions there is very Little profit or personal gain to the managers or boards to encourage taking risks with insured deposits. If a credit Union tales those risks and Are successful the decision makers done to Benefit. All the members get slightly higher dividend rates or All the borrowers get slightly lower loan rates. However if a credit Union s risk taking proves to be unsuccessful All the people who make the decision to take the risk Are Likely to lose their jobs. The strongest of the funds Elf your savings Are entrusted to a Federal credit Union you Are particularly concerned about the Nausif. A the Nausif is the strongest of the Federal insurance  the fund has $1.28 in Reserve for each $100 of insured savings. That a double the equity of either of the Federal funds protecting insured Bank and savings and loan association deposits. Because the credit Union fund is Strong and because credit unions replenish it from their capital if it gets drawn Down it s unlikely it will Ever need taxpayer assistance As the a amp a fund does. Federal credit unions Are exceptionally Strong. While no financial institution is invulnerable.,it is comforting to know that failures of Federal credits unions Are at an All time Low. This Means that an already Strong insurance fund remains Strong since so few credit unions Are drawing Money from it. A How Safe is your Money if it s in a Federal credit Union it could t be in a safer place Quot Federal credit unions nationwide Are exceptionally sound when compared to other financial institutions. The insurance fund that protects your Money is the strongest in the nation. A service Federal credit Union is conveniently located to serve its members in thirteen locations throughout Germany. Branch offices Are currently located at Baum older.485-7338 or 06783-4316 Berlin. 332-6485 or 030-8132599 Pitburg. 453-7370 or 06561-4270 Hahn. 450-7247 or 06543-3679 Heidelberg. 370-7138 or 06221-14307 Heilbronn 426-2336 or 07131-575804 Pir Masens. 495-6566 or 06331-64600 Ramstein. 480-5556 or 06371-42788 sembach.496-7444 or 06565-4266 Span dahlem.452-6674 or 06565-4266 Stuttgart. 420-6102 or 0711 813835 Vogel Weh. 489-6335 or 0631-51215 we bruecken.498-2589 or 06332-44789 of Cut a overseas Headquarters is also located in the Kaiserslautern area