SHAREHOLDER - Schlumberger Employees Credit Union
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
SUMMER 21
SHAREHOLDER
A quarterly publication for the members of Schlumberger Employees Credit Union
Did You
Know?
SECU Offers Free Monthly
Preparing to Explore Loan Options
Through SWBC, SECU offers a
few different types of Home Loans
Workshops
Did you know SECU offers free
Buy a House?
educational workshops on the topics
across many of the states in the US. of Home Buying and Auto Buying? We
Understanding your options can help you offer a Home Buyer’s Workshop once a
determine how much cash you’ll need up month. Our guest speaker from SWBC,
Get Your “Financial House” front for a down payment, fees that may SECU’s lending partner, takes a deep
apply, and more. Keep in mind, if you are
in Order First ready to secure a home loan, talk to your
dive into the home buying process,
Before you start your homebuying journey, from prequalification to closing. Join us
Home Loan Officer about waiting to open online for the workshop to understand
examine your financial situation. Buying a
any new lines of credit until after you’ve how your credit score affects your
new home is a big purchase and will be
completed the financing process. Before monthly payments, the importance
less stressful if you do your homework
you apply for an Auto Loan or buy new of prequalification for your loan, your
beforehand. Make your decision an
furniture on your credit card to decorate financing options, how much you should
educated one by understanding your
your new place, make sure it will not hurt save before, where to look, and so much
finances!
your home loan prequalification. Talk to more.
your Home Loan officer first. SECU’s
Educate Yourself Home Loan Officer, Sallye Gibson, can be
Develop a reasonable savings goal and Some of our attendees have joined more
reached by email (sgibson@swbc.com) or than once, and we have many first-time
time frame. Knowing how much you
during office hours at (281) 285-3237. home buyers log in to learn more as
qualify for and the approximate price range
in which you should be looking can help SECU can help Schlumberger expats they navigate the process. A Mechanical
you better estimate your monthly payment secure home loans without a US credit Designer in Houston, Texas joined and
and help you stay on-budget. You can score or credit history. Your Home Loan left this feedback, “Just letting you know
use SECU’s online Mortgage Calculator Officer can help you determine your I just closed on my new home with SECU
to estimate your monthly loan payment. qualification and use your work history and thanks to your awesome Home Buyer’s
Pre-qualifying for your home loan with regular income to determine your interest Workshop! Thanks for the tips and
SECU will let you know how much you rate and financing options. information, and keep up the great work.”
can spend when shopping for your new
home according to your credit score and SECU offers free monthly Home Buyer’s You can join us online. We are currently
debt-to-income ratio. Consider attending Workshops so you can better understand offering two time slots (Central Time),
one of SECU’s free monthly Home Buyer’s the home-buying process. The workshop one from 12:30pm-2:00pm and one from
Workshops to learn the ins-and-outs of the is hosted remote via live-streamed webinar 6:00pm-7:30pm. Until further notice, all
home-buying process (from prequalification in the afternoons and evenings so that workshops will be held remote and online
to closing and all the nitty gritty details in more members and potential members only. You can register online for the next
between). can safely participate. You do not have to workshop under the News & Events
be a member to participate, and spouses section of our homepage at www.secu.
Review Your Finances are welcome to attend! To sign up for an slb.com. If you need to select a different
Examine your current financial situation by upcoming Home Buyer’s Workshop, view date and time, use the Ask A Question
reviewing all assets and liabilities, including the News & Events section of our website, feature and search “workshop” to be
all checking and savings accounts, CDs, www.secu.slb.com or use the Ask A routed to the information, or hover over
stocks, mutual funds and savings bonds. If Question feature (search “workshop”). “Education,” “Home Buyer’s Information”
you’d like to increase your prequalification Contact SECU Home Loan Officer Sallye and use the workshop schedule to RSVP
amount, consider paying down your credit Gibson via email (sgibson@swbc.com) or for the webinar link.
cards and loans. during office hours at (281) 285-3237.
From the President:
Your credit union remains strong through May 2021 YTD with Technology Updates
$950 million in assets, and 28,000 members. Our capital has grown We continue to evaluate our portfolio of technology to make your
to $163 million, yielding a net worth ratio of 17.2%, which is a more member experience seamless and easy. On April 1st, we did a refresh
than adequate safety margin as per NCUA (National Credit Union of our Net24 Online Banking platform. If you have logged into your
Administration – the Federal regulatory agency that insures credit online banking, you may notice a new, streamlined look, with a better
unions) requirements. overview of your accounts and products. When we conducted our last
member survey in 2019, many of our members expressed a desire
SECU continues to remain 5-Stars rated for the 70th consecutive to be able to repeat frequent wires from a template. We listened!
quarter through June 2021. The 5-Stars rating is the highest rating Our revamped Net24 Online Banking platform now has a copy wires
offered by Bauer Financial, Inc., indicating that SECU is one of the template. Members who send repeat wires can now copy over the wire
safest financial institutions in the U.S. You can rest assured we have information from transfers completed within the last 90 days.
your best interest in mind.
We have also introduced contactless cards. We are phasing in the
Schlumberger Phases Employees Back new option with new and renewed credit cards. Members who have
onto Campuses the feature can opt to use contactless card payment at supporting
Our sponsor, Schlumberger, has been phasing employees back onto merchants. If your card does not support contactless payment yet, you
campuses over the last few months. Employees will continue to return can opt to secure a new card from us (relevant fees will apply), or you
to work in-office over the course of this year. To accommodate our can wait until your current card expires and you are issued a new one.
members who are back in the office, Schlumberger Employees Credit Your newly issued card will support contactless payment.
Union has extended its lobby hours from 9:00am-2:00pm. Our current
mask requirement for staff and on-site members remains in place; all On behalf of SECU board of directors and staff, we thank you for your
members entering the lobby are required to wear a face mask; children continued support.
under the age of 10 are exempt from this requirement 0824. If a
member refuses to wear a mask, they will be asked to leave. SECU has
disposable masks available for members who may have forgotten one.
No more than two people per party are allowed in the lobby at once,
and we are still encouraging 6-feet of social distancing. We aim to keep Harold Ottis
our members, potential members, and staff safe.
President
As a reminder, SECU members have access to their accounts 24/7
through our Net24 Banking platform, including both mobile and online
options. With Net24, members can deposit checks, transfer funds, send
wires, check accounts, pay bills, send money to friends, and more. Our
members also have access to 6,000+ credit unions for face-to-face
services through our partnership with CO-OP Shared Branch. Members
can visit any credit union that participates with CO-OP Shared Branch
to withdraw or deposit cash, make loan payments, transfer funds,
request cashiers checks, and more. We strongly advise calling the
branch ahead of your visit to confirm lobby hours and COVID-19 safety
protocols. Members can find branches and hours near them by using
the zip code locator at the bottom, right-hand side of our website’s
homepage.
4. Your summer vacation expenses to cover airfare, hotels, rental
Signature cars, meals, etc
5. Holiday expenses like large meals or gifts for the family
Loan Uses 6. Helping a loved one in need
7. Pet expenses
You Might Not 8. Furniture or a DIY home makeover
9. Dorm room “essentials” and college moving expenses
Know About 10. Garden and yard updates, landscaping, and patio furniture
11. Vehicle repair
12. Celebrations like Quinceaneras, Sweet 16’s, Bar/Bat Mitzvahs,
or Graduations 0608
Many members think of a Signature Loan and only consider using it
for BIG purchases like furniture for a new home or a new washer and No matter your reason for needing a loan, a Signature Loan is a
dryer. Did you know that a SECU Signature Loan can be used for great solution. SECU offers Signature Loans for as low as 5.49%*.
almost anything (pending qualifying and approval limit)? A Signature Secure your SECU Signature Loan today! Visit www.secu.slb.com
Loan can be used for any personal expense you might have! and click on Membership, US Membership Application. From there,
Consider securing a SECU Signature Loan for any of the following: select “Personal Loans.” (*Members must qualify. 5.49% available
1. Home improvements or repairs for new money only; available at the time of Shareholder publication
2. Buying or repairing an instrument and subject to change. Rates and terms may vary based on credit
3. Paying for a significant event like a wedding or funeral worthiness.)
Featured Loan Rates
Auto Loan (ALA*) 1.99% APR*
Boat Loan (ALA*) 1.99% APR*
Motorcycle Loan (ALA*) 1.99% APR*
Consolidate (ALA*) 5.49% APR*
VISA Card (ALA*) 9.90% APR*
Contact a Loan Officer today!
*APR is Annual Percentage Rate. Rates depend on terms and conditions. Contact a Loan Officer today!
*ALA is As Low As *Rates are accurate as of this edition’s Shareholder publication and are subject to change.
Score $10,000
You could score $10,000 and a chance to virtually meet Olympic Games hopeful Noah Lyles, courtesy of Visa!
When you pay with your SECU Visa card from 6/15/21-8/15/21, you’ll be entered for a chance to win. Get a
bonus entry when you tap to pay with a Visa contactless card or device 0410.
Prize Packages:
Gold: $10,000 + Team Visa Gift Box + Virtual Meet & Greet
Silver: $5,000 + Team Visa Gift Box
Bronze: $1,000 + Team Visa Gift Box
Visit https://usa.review.visa.com/promotions/olympics/tokyo2020-sweeps-full-rules.html for full terms and details.
SECU Committee
Service
We are always looking for volunteers who are interested
in serving their Credit Union though committees (monthly
meetings). If interested, please contact our President,
Directors, or email secu@slb.com.
Meet the Board
SECU Executive Board
Chairman – Joe Van Valkenburgh
Vice Chairman – Sonny Johnston
Treasurer – Jerry Harper
Secretary – Nadia Hasouris
Board Members – William “Bill” Carpenter, Kannan
Venkataraman, Bob Fons, Naana Danquah
Privacy & Disclosure Information
Use Your ScoreCard ® The following information is available online at www.secu.slb.com
(Ask A Question: Privacy Policy)
Rewards with PayPal 1. Privacy policy (with Opt-Out form) See Privacy,
Documents, & Legal: Privacy Policy
You already know that if you have a SECU Visa Credit or
Debit Card, you earn ScoreCard® Rewards points with 2. Documents available to members See Privacy, Documents,
every purchase you make, but are you redeeming them? & Legal: Documents Available to Members (upon request)
ScoreCard® Rewards members have lots of great redemption
3. Process of filing complaints See Privacy, Documents, &
options! Did you know you can use your rewards points to
Legal: Filing a Complaint
pay with PayPal? ScoreCard® Rewards has partnered with
PayPal to bring you more from your loyalty program. You have
an exciting new way to use ScoreCard® Rewards points when
shopping online from the comfort of your home. SECU Statement
Here’s how. Go to PayPal and log in or create a new account. of Condition
Navigate to the “Wallet” page from the navigation bar. Select (as of May 2021) $ in Millions
“Link a credit or debit card” and enter your SECU card
information. Click “Agree and Link” to connect rewards to • Assets – $950
your wallet 0112. Choose your SECU Visa Credit or Debit • Savings – $780
Card as the default payment preference. When you shop • Loans – $151
online, simply chose pay with PayPal and redeem your points • Members – 28,454
at checkout.
IT PAY$ to Read the Locate the first four sequential numbers of your birth date (MMDD) in this
newsletter and win $25 (cannot be part of a string of numbers). Only primary
Shareholder! members are eligible, using the current issue.
The “Shareholder” is a non-subscription publication of Schlumberger
Employees Credit Union, 205 Industrial Boulevard, Sugar Land, TX
77478. It is distributed to the actual and potential membership of
SECU. SWBC Mortgage Partner (281) 285-3237 / (800) 460-6990.
Contact Us! www.secu.slb.com
MEMBER OWNED, MEMBER LEDSM secu@slb.com
Tel: (281) 285-4551
Federally Insured Publisher: Brittany Brack Toll Free: (800) 272-7328
by the NCUA ABA Routing Number: 313084564 Fax: (281) 285-4436You can also read
