SCCU News
July 2016 
SCCU Announces Scholarship Winners
  
Soo Co-op Credit Union recently awarded four scholarships to help student member owners meet higher education goals through the Nick Gerrish Scholarship Program. 

"It is heartening each year to see the wide array of talented and deserving young people who apply, though it makes it a tremendous challenge for us to narrow down our recipients from a pool of such outstanding young members," said Lynda Ellis, President/CEO SCCU. "To know that so many accomplished young people are part of the Credit Union family makes us exceedingly proud to play a small part in funding their educational futures."

SCCU established the Nick Gerrish Scholarship in 1986 to honor Nick Gerrish, a founding member of the credit union. The three recipients of $2,500 each for 2016 are: Alaina Grenier, Henry Shackleton, and Logan Carrick. The Bay Mills Community College Scholarship recipient was awarded to Marty Vert in the amount of $1,500. 

Heading to College this Fall? Let us Help.
Has your child recently made the important decision of where he or she is headed to college or graduate school this fall? Your family is likely now facing a new challenge-finding the right way to pay for it. After exploring grants, scholarships and federal loans, a private education loan can be an affordable and financially responsible way to fill the college financing gap.
 
For the upcoming 2016/17 academic year, Soo Co-op Credit Union  has partnered with Sallie Mae® to bring our members  the Smart Option Student Loan ® , allowing families to design the private education loan that's right for them.
 
To encourage responsible borrowing, the Smart Option Student Loan also offers the following benefits:
  • Competitive Rates: Access competitive variable and fixed interest rates.
  • No Origination Fee: Membersbenefit from no origination fee or prepayment penalties with the Smart Option Student Loan.
  • Choice and Flexibility: Multiple convenient repayment options are available for students and their families to choose the option that best meets their needs. Students are encouraged to make payments while in school to reduce finance charges and the amount owed, and more than half of customers choose this option.
  • Interest Rate Reduction: Membersmay be eligible for an interest rate reduction by enrolling in the automatic debit option.
Keep in mind that many students heading to college are new to credit and may have little or no credit history. Adding a cosigner, such as a parent or other creditworthy adult, may offer a better chance of approval.
 
For more information or to apply visit www.salliemae.com.
 
Soo Co-op Credit Union is not the creditor for these loans and is compensated for the referral of Smart Option Student Loan customers. This information is for borrowers attending degree-granting institutions only. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
Time to Lose Some RATE!
Join our rate loss program with 
0% APR* Introductory Rate
for 6 months on purchases and balance transfers**.
  • No Annual Fee
  • No Balance Transfer Fee
  • ScoreCard Rewards
  • Worldwide Acceptance
  • Local Support
  • Plus, when you are approved, you are automatically entered into a drawing to win a FitBit!

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*APR=Annual Percentage Rate.

**Promotional offer 0% APR for VISA Platinum Preferred and 3.99% APR for VISA Platinum is the promotional rate for six months on all balance transfers. Promotional rate for purchases is valid for new credit cards approved from 6/1/2016-8/31/2016. When the promotional rate expires, your APR will change to 8.95% for VISA Platinum Preferred or 12.75% for VISA Platinum. Rate is based on creditworthiness. Existing SCCU loans are not eligible for promotional balance transfer rate. Refer to Credit Card Agreement and Disclosures for additional information. 
Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members.  Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America.
10004209-1013  © 2013 CUNA Mutual Group
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Love your savings.

Soo Co-op CU is excited to offer you, our member, exclusive discounts and benefits on products and services you use every day. Credit union members have already saved over $1 billion with Love My Credit Union Rewards discounts. So along with lower loan rates and fewer fees, here's another way you can save even more.
  • Save 10% on select regularly priced Sprint monthly service; businesses save 15% on select regularly priced Sprint monthly service. Plus, waived activation and upgrade fees (up to $36 savings for each)
  • Get safety and security of roadside assistance and more for less than $1 per week with CU Road Pal.
  • Save up to $15 on TurboTax Federal tax products
  • Save on services for your home from ADT, DIRECTV, Allied, and more
  • Earn cash back when you shop at over 1,500 online retailers with Love to Shop
The more offers you take advantage of, the more you save. Start saving today at:
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Soo Co-op Credit Union | | mycreditunion@soocoop.com | http://www.soocoop.com
536 Bingham Ave.
Sault Ste. Marie, MI 49783

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