Insights for November 2015

November 2015
Volume 13 Issue 11
Archived Issues
Insights is a monthly newsletter for members of Delta Community Credit Union.
Henry County Student Wins HBCU Scholarship
Last month, Delta Community and Atlanta radio station KISS 104 presented the third of four scholarships the Credit Union will award in 2015 to students attending Historically Black Colleges or Universities (HBCU).

Seventeen-year old Jerome Neal III, of McDonough, GA, accepted the award of $1,875 at Delta Community’s Vinings Branch. Jerome, a senior at Union Grove High School where he maintains a 3.4 GPA, is a marching band section leader and participates in varsity track. He plans to attend Savannah State University in the fall of 2016, pursuing studies in pharmacy and forensic science.
(L-R) Delta Community Chief Lending Officer Bob Walsh, Jerome's father (Jerome Neal II), Jerome Neal III and KISS 104's Veronica Waters 
The Delta Community – KISS 104 HBCU Scholarship program reflects the Credit Union’s ongoing commitment to support programs that assist with the physical and financial education of young people and families.
Commercial Lending Strengthens Local Businesses
Commercial Lending's Eric Latimer (left) with Keith Hildebrandt, president AED Brands, one of Delta Community's commercial lending clients
Commercial lending by credit unions is increasing nationwide and Delta Community is included in the trend. Its commercial lending department has experienced strong growth in loans to businesses in the communities it serves.

Delta Community is well-capitalized and positioned to meet the sophisticated borrowing needs of its commercial clients. In 2015, the Credit Union continues to expand its commercial loan portfolio, adding clients such as AED Brands, Glass Stream and Pink Plumber. 
Credit unions generally offer business owners lower loan rates, higher savings yields and fewer fees. Many also say they value a personal relationship with their credit union loan agent, who provides direction, education and advice.

Business owners looking for competitive rates and terms can call 404-677-8691 (ext. 2) to speak with a member of Delta Community's commercial lending team.
Enjoy the Gift-Giving Season with a Holiday Loan 
Delta Community is making it easier for members to be the best gift-givers of the holiday season.

From Nov. 1 through Dec. 31, 2015, members can apply for a Holiday Loan of $1,200 at a low, fixed rate of 12% APR* for 12 months. Best of all, this will help members easily budget their monthly payments.
Delta Community has a variety of personal loan options to meet members' lending needs. To apply for a Holiday Loan, log in to Online Banking and select Apply for a Loan under the Loans tab, call 800-544-3328 or visit one of our 26 branch locations.

*APR=Annual Percentage Rate. Rates subject to change. The $1,200/12 month/12% APR offer is based on creditworthiness at the time of offer acceptance. Estimated monthly payment of $106.94. Income verification may be required. This offer is available Nov.1 - Dec. 31, 2015.
Every Dollar Counts with Bill Pay Promotion
Delta Community Online Bill Pay users who pay at least one bill online or through their mobile devices Nov. 1 through Dec. 31, 2015 will have $1 donated to a deserving charity through Fiserv, the Credit Union's Online Bill Pay partner. Funds raised through Fiserv's charitable organization, Good360, will help connect businesses with charities and people in need across the county and the world.

Not enrolled in Delta Community's Online Bill Pay? Visit our website to enroll or to learn more about this convenient time and money saving service.
Golf Tournament Raises Funds for Children's Healthcare of Atlanta
Delta Community hosted its eighth annual Tees Up "Fore" Kids golf tournament on Oct. 26 at the Marietta Country Club in Kennesaw, GA.

With a match from Children's Miracle Network (CMN), tournament proceeds of more than $35,000 will be entirely devoted to Children's Healthcare of Atlanta's Family Support Services, which provides educational, chaplaincy and social support to patients and their families.
Health Savings Accounts:
A Wise Way to Save on Healthcare Costs
Fall is a great time of the year. Local fall festivals occupy the weekends, cooler temperatures initiate spectacular colorations in leaves, and pumpkins and goblins dot the landscape. It is also the season for "open enrollment," when many employers provide their employees with the opportunity to enroll in healthcare insurance.
Healthcare insurance can be complicated, which is why it is really important to understand which coverage options work best for you and your family. One financial option for healthcare-related expenses that has become increasingly popular over the past few years is a Health Savings Account, or HSA.

Read our blog to learn more about the value of HSAs.
Final Philanthropic Fund Grant Awards for 2015
This year, Delta Community has invested $75,000 in organizations which support the financial and physical well-being of individuals and families within the communities it serves.

In October, Delta Community presented the final Philanthropic Fund Grant Awards for 2015 to the following organizations:
Representatives from Wellspring Living (left) and Foster Care Foundation (right) received checks
  • Wellspring Living, a faith-based organization dedicated to serving survivors of sexual exploitation, received a $7,500 grant. These funds will support a financial literacy program that provides job and life-readiness to survivors of Domestic Minor Sex Trafficking (DMST).
  • Foster Care Support Foundation was granted $2,500 to help fund financial literacy education for young adults who are making the transition from foster care into adulthood and independence.
Visit our website to learn more about the Philanthropic Fund and the Credit Union's other community involvement programs.
Celebrating 10 Years of Community Membership
As Delta Community celebrates its 75th anniversary in 2015, October also marks its 10th anniversary as a community-based financial institution.

In October, 2005, the Credit Union expanded its field of membership to include anyone living in metro Atlanta and rebranded from Delta Employees Credit Union to Delta Community.
This expansion enabled the Credit Union to better serve Delta Air Lines employees' long-term interests by expanding and diversifying revenue sources, which strengthened its financial position. It also allowed Delta Community to help consumers across metro Atlanta who previously did not have convenient access to the superior value and service credit unions offer.

In the 10 years since the change, Delta Community has enjoyed greater growth than in its entire first 65 years of existence.

Financial Status
as of Sept. 30, 2015 
Assets: $4.8B
Deposits: $4.2B
Loans: $3.5B
Members: 328,006

Holiday Closings
Wed., Nov. 11  
Veterans Day
(Delta Air Lines General Offices and TOC branches open)

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