December 2019 Insights

Give Your Child the Gift of Membership

Delta Community has a special limited-time holiday offer! Now through December 31, open a new Youth Savings Account and we’ll match the opening deposit up to $100.¹Specifically designed for children ages 0 to 12 years old, a Delta Community Youth Savings Account is the perfect gift to help the child in your life get started on a lifetime of smart saving.

Youth Accounts can be opened at your nearest Delta Community branch, or a completed application may be mailed or faxed to the Credit Union. Open your child’s account before this holiday offer ends!

2019 Season of Giving and Receiving Sweepstakes

family shopping

With this year’s Season of Giving and Receiving Sweepstakes², make a qualifying payment using Delta Community’s Bill Pay service online or on our Mobile App from now through December 31 and you’ll be automatically entered for a chance to win $5,000 from Fiserv, our Bill Pay service provider! To participate, simply add and pay a new bill, activate a new eBill or set up a new AutoPay to be entered for a chance to win. Additionally, with each qualifying transaction, $1 will also be donated to charity though the non-profit organization Good 360.

Earn a Special Referral Bonus with Friendsgiving

Refer your friends, family and eligible coworkers to Delta Community and receive a limited-time double bonus—$100 for each qualified referral³ through December 31. Celebrate with those who are most important in your life and give them the gift of Credit Union membership—plus they can get $50 when they join. To get started, just follow these simple steps:

Create a Refer-A-Friend account online
Send a referral message to eligible friends via email, Facebook, Twitter or LinkedIn
You get $100 for each friend who opens an account and meets a few simple requirements and your friend gets $50

Here are the steps your friend must follow for money to be awarded to you both:

Claim the referral online
Open a new Delta Community Checking Account
Make a $50 deposit at account opening
Complete 5 Debit Card transactions within 60 days of account opening

Give Back Giveaway Winners Announced

Give Back Giveaway Winners

Earlier this year, Delta Community teamed up with Jenn Hobby from Star 94.1 for the Jenn & Friends $10,000 Give Back Giveaway. We asked metro Atlanta youth to organize a service project in their school’s community that gives back to young people. We recognized the top five schools, with three finalists receiving $1,000 each, one runner-up receiving $2,000 and one grand prize winner receiving $10,000.

The grand prize winner of the $10,000 Give Back Giveaway is Ruth Hill Elementary School in Newnan. Their community service project was “Sweet Dreams: Helping Kids in Crisis.” The fourth and fifth grade students created bedtime bags of comfort filled with blankets, stuffed animals, toiletries and hand-drawn cards to help children in difficult situations. Star 94.1 and Delta Community Credit Union presented the students with their check at a surprise pep rally held at the school.

The $2,000 prize was awarded to Palmer Middle School for their project to gather gifts and school supplies to donate to Calvary Children’s Home.

The three $1,000 finalists are:

The Junior Beta Club at Barack and Michelle Obama Academy for their project to fill backpacks with school supplies for kids in need.
The sixth grade ESOL (English Speakers of Other Languages) group at Sequoyah Middle School, who started a food drive for needy families.
East Ellijay Elementary, whose students contribute to a different community outreach project each month including collecting warm clothes and winter wear for children in need.

Great Rates on Delta Community CDs

Couple walking with child

Looking to grow your savings even more? Consider opening a Delta Community Certificate of Deposit (CD) this month. We’re offering members a limited-time opportunity to open a 12 or 24-month CD at some of our highest rates of the year. Earn 1.99% APY⁴ on a 12-month CD and 2.15% APY⁴ on a 24-month CD. Deciding if a CD is right for you? A few benefits include:

Getting a great return on your money with a secure savings account
No hidden fees or charges
Federally insured up to $250,000 by the NCUA

Rates like these won’t last long. To get started, log in to Online Banking and choose Add an Account from the Additional Services tab or call us at 800-544-3328.

Holiday Loans Make the Season Brighter

Delta Community is making your holiday season a little easier! Through December 31, apply for a 12-month Holiday Loan for as low as 6% APR⁵ for well-qualified borrowers with excellent credit. The application is easy and the funds can go directly into your Checking Account—usually by the next business day. A Holiday Loan is great for:

Travel expenses
Gift giving
Hosting family
A timely home or car repair
Whatever you need!

To apply, log in to Online Banking or our Mobile App and select Apply for a Loan or speak with a Loan Consultant at 844-544-9478.

Take a Payment Holiday

Did you know that you may be eligible for a Payment Holiday? Keep some extra cash in your pocket and skip your eligible loan payments, just in time for the holidays.⁶ Here are some key things to know before requesting your Payment Holiday:

Loans must be open for a minimum of six months to be eligible.
Real Estate Loans, Business Loans, Overdraft Protection, Holiday Loans, Consumer Lines of Credit, Visa® Young Adult and Secured Credit Cards and single-pay loans are not eligible for this offer.
Payment Holiday may be requested up to the payment date⁷ via Online Banking. All loans that are eligible for a Payment Holiday will be displayed.
Interest will continue to accrue, your normal payment will resume the following month and your loan maturity date will be extended, if applicable.

To request a Payment Holiday, simply log in to Online Banking and select Payment Holiday from the Loans tab.

Financial Education Center Seminars

Delta Community's comprehensive Financial Education Center is designed to improve the financial lives of our members and community by offering resources on a variety of topics from budgeting to protecting your identity. Every month we offer members several free-onsite workshops.

December 3: Credit Card Makeover: Getting Out of Debt | Webinar
December 4: Identity Theft Solutions | Duluth
December 12: Credit Card Makeover: Getting Out of Debt | Webinar

Check our Financial Education Center calendar for more information on upcoming seminars.

Monthly Blog

Holiday Shopping and Saving Tips : The holidays can be relaxing and enjoyable as you share time with family and friends; but they may also be stressful for those trying to stretch their budget to cover related holiday costs ranging from meals to decorations, gifts and travel. For those worried about holiday spending, there are many ways to control expenses, including spreading them over a longer period of time and shopping sales throughout the year. Another option is to save a little extra money each month, so you can enjoy shopping during the holiday season.
Talking Money With Your Parents: The Will: Over the course of our lives there are many conversations that children have with their parents that can be difficult for both of them, but are important, and these discussions often strongly affect their lives, both in the present and for the future. One key conversation that sometimes is avoided until it is too late is talking about a parent's will.
Talking Money With Your Kids: Affording College: Attending a college or university has consistently grown in importance in the U.S. for decades. While the benefits of a college degree are known, these benefits are offset by the ever-increasing costs of pursuing a post-high school education. The costs for college can be extremely daunting for both would-be students and their parents; still, families pay for college in a variety of ways, often making significant personal sacrifices to make higher education a reality for their children.

Financial Status

As of October 31, 2019:
Assets: $6B | Deposits: $5.1B
Loans: $4.8B | Members: 407,444

Holiday Closings

Christmas Day
Wednesday, December 25
Holiday Closings

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Member Care: 800-544-3328
Home Loans: 866-963-7811
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EVERYTHING YOUR BANK SHOULD BE^TM

1. To obtain the bonus of up to $100 (the “Bonus Match”), open a new Youth Savings Account between December 1, 2019 and December 31, 2019 and make an initial opening deposit (“Opening Deposit”) of at least $5. Subsequent deposits will not be eligible for the Bonus Match. For accounts opened in a Delta Community branch, the Opening Deposit must be made on the same day that the Youth Savings Account is opened. For accounts opened by mail or fax, application must be postmarked and/or received by December 31, 2019 with all required documentation submitted and an Opening Deposit made by January 15, 2020. The Bonus Match will be the lesser of the Opening Deposit or the account balance at the time of bonus fulfillment. The Bonus Match will be deposited into the account by March 15, 2020. To receive Bonus Match, account must be in good standing. Offer valid for first-time Youth Savings Accounts only. Youth Savings Account holders must be between 0 to 12 years of age at the time of account opening to be eligible to participate in the promotion. Limit one Youth Savings Account per child. Applicant must be eligible and qualify for membership. Bonuses earned through this promotion are subject to IRS reporting. The Annual Percentage Yield for Savings is 0.35% as of December 1, 2019. Rates are subject to change. Offer cannot be combined with other offers.
2. The 2019 Season of Giving & Receiving Sweepstakes. NO PURCHASE OR PAYMENT NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Sweepstakes starts at 12:00:01 a.m. ET on 11/01/19 and ends at 11:59:59 p.m. ET on 12/31/19. Open to legal residents of the 50 United States and D.C., including territories of Guam and Saipan, who are 18 years of age and older and are Delta Community Credit Union members. Void where prohibited. For complete Official Rules including details on how to enter by mail, click here for official rules. Sponsor: Fiserv Solutions, LLC, 255 Fiserv Drive, Brookfield, WI 53045.
3. Refer-A-Friend bonus cannot be combined with other promotions and is not valid for previous offers. Bonus payments are made within 60 days of program requirements being met. You can earn up to $500 per year. See Program Rules or visit DeltaCommunityCU.com/Refer. $100 referral bonus offer good November 1 – December 31, 2019. Referrer must be Primary Account Holder with Delta Community. Bonuses earned through this promotion are subject to IRS reporting.
4. APY = Annual Percentage Yield. Rates are subject to change. The Annual Percentage Yield for a Delta Community Certificate of Deposit is 1.99% for a 12-month term beginning November 1, 2019. The Annual Percentage Yield for a Delta Community Certificate of Deposit is 2.15% for a 24-month term beginning November 1, 2019. Minimum opening deposit and balance of $1,000.00 are required. Offer includes 12 and 24-month IRA CDs. An early withdrawal penalty equal to 90 days of interest for 12-month and 180 days of interest for 24-month CDs is incurred when closed prior to maturity.
5. APR=Annual Percentage Rate. Rates subject to change. This offer is based on creditworthiness at the time of offer acceptance. Income verification may be required. This offer is available November 1 - December 31, 2019.
6. Consumer Loans must be current (and liens perfected) to be eligible. Finance charges will continue to accrue as explained in the LoanLiner Credit Agreement and the loan maturity date will be extended, if applicable.
7. Loan payments that are electronically drafted from another financial institution (ACH), a Payment Holiday must be submitted up to two (2) business days prior to the due date of your loan.