Pursuing a higher education? As a VLFCU member, you qualify for a credit union scholarship!
Each year, VLFCU awards six $500 scholarships to graduating high school seniors. To qualify, the applicant must be a senior in high school and plan to participate post-secondary studies, including professional, vocational and academic studies that are not limited to colleges and universities. Eligibility is based on the applicant being the primary account holder of a regular or minor account at VLFCU. The 2018 Scholarship is based on the following criteria:
- Leadership qualities
- Involvement in school
- Involvement in the community
Completed applications must be submitted in person and/or postmarked by March 31, 2018. Mailed applications should be addressed to:
Attention: D. Sosa
VacationLand Federal Credit Union
P.O. Box 2257 Sandusky, OH 44871-9707
An impartial Scholarship Selection Committee will review the applications and evaluate the applicants’ leadership qualities, involvement in school and community activities, and essay response. Winners and their school guidance offices will be notified in early May.
As another successful year comes to an end, it’s once again time to reﬂect on 2017 and all it encompassed. As another successful year comes to an end, it’s once again time to reﬂect on 2017 and all it encompassed.
When VLFCU was established 61 years ago, it was our intent to be our members’ chosen lifetime ﬁnancial partner and to improve our communities for future generations. Our mission was to be guided by our core values, existing as a not-for-proﬁt cooperative to serve and surpass by providing value and ﬁnancial freedom. I can honestly look back with pride and satisfaction, knowing we have never lost sight of our priority: you, the member.
By working together and putting you ﬁrst, we can ensure our mission and values are maintained as we continue to meet and exceed your ﬁnancial needs in the coming years.
The holiday season is upon us and, unfortunately, this is when the most fraud/scams occur. There are many different types of fraud, with more popping up every day. Here are some common scams to familiarize yourself with and protect yourself against.
- Phone swindlers- Scammers call claiming to be tech-support, bill collectors, sweepstakes/lottery personnel, or even grandchildren and other close relatives. These scammers' typical goal is to get you to reveal personal information (so they may steal your identity) or to get you to send them money.
- IRS threats- Scammers call and say you owe back taxes and they must be paid immediately. (The IRS does not call and demand money over the phone!)
- Scare Tactics- Scammers threaten arrest, lawsuits or financial ruin if you don’t follow their instructions.
- Charity scams- The payee organization's name is similar to, but not exactly the same as, those of reputable charities. Alternatively, the charity requests funds via money transfer services– generally; legitimate charities do not solicit donations via money transfer services.
- Benefits fraud- Occurs when fraudsters apply for assistance benefits to which they are not entitled. Scammers request a withdrawal, funds are wired into an account, and then the fraudster immediately withdraws the funds.
- Mystery Shopping scams- individuals sign up to mystery shop for companies, are “given” money to purchase goods/services from these companies and then told to send excess funds back they didn’t spend. Alternatively, individuals are asked to rate their experience at various businesses, but they have to give the company their bank information in order to receive their direct deposit.
Recover from holiday spending by consolidating your existing credit card debt onto our low-interest VacationLand VISA.
With this special balance transfer promotion, you can move your balances from other high-interest credit cards to our low-interest VacationLand VISA, save money, pay off debt faster, and start the holiday shopping season in the black. You can even transfer balances from merchant and retailer cards such as Kohl’s or Old Navy!
- Transfer merchant & major credit card balances
- No balance transfer fees
- No cash advance fees
- 2. 99% introductory APR for 15 months1
- 10.15% - 18% APR after promotional period
Membership required to use services. Click here for membership requirements.
- Accepted worldwide
- Competitive rates
- No annual fee
- Earn ScoreCard® Bonus Points
- 25-day grace period for re-payment
- Full fraud protection 24/7
- Embedded chip technology
- Low minimum payments
- Travel accident insurance
- Make payments in person, online, or over the phone through CU Talk
1 Membership eligibility is required with a minimum deposit of $25.00 in a Share/Savings Account. Member must be in good standing with VLFCU. No promotions are eligible with any other offer or discounts. "APR"= Annual Percentage Rate. Promotional rate of 2.99% APR applies for fifteen months after you transfer a balance. Offer valid from November 1, 2017 to February 28, 2018. Balance transfers may not be used to pay down an existing VLFCU Visa. After the promotional period ends, the APR will be (Prime+ 5.90% to 17.90% as published in the Wall Street Journal), based upon your creditworthiness. APR may vary but will not exceed 18.00%. Foreign transaction fee up to 1% of each transaction amount applies to purchase made outside of the U.S. Subject to change or cancellation without notice.
Equifax, one of the three main consumer reporting bureaus, experienced a huge data breach. Specialists estimate that nearly 143 million consumer records were hacked, meaning nearly ALL United States consumers will be affected by this breach. As large as this breach was, this means every Social Security Number in the U.S. in conjunction with the associated name, date of birth, and home address information must be presumed to be public knowledge.
What You Should Know
VacationLand does everything within its control to safeguard our member’s information.
How to Protect Yourself
- Enroll in Equifax’s credit protection. You can do this for free at EquifaxSecurity2017.com
- Review your credit report. You can do this for free annually at AnnualCreditReport.com
- Consider a security freeze. This restricts access to your credit report, which makes it more difficult to open new accounts in your name because most creditors rely on information in your report to grant credit.
- Set up a fraud alert. This warns creditors that you may be an identity theft victim and that they need to perform additional verification measures before granting credit in your name.
- Review your credit card and bank statements carefully.
- Don’t ignore bills from creditors you don't think you have accounts with.
- Shred any documents with personal or sensitive information.
- Create strong passwords and change them frequently.
- File your taxes early – as soon as you have the tax information you need, before a scammer can.
How VacationLand is Protecting You
- We regularly test and assess our information security measures.
- We only share information for our everyday business purposes (such as processing transactions and maintaining your accounts) and as mandated by law.
- We are enacting more stringent verification measures for transactions completed at our branches.
- You may be required to provide a valid government-issued ID to access your account.
- You may be required to answer out-of-wallet questions. These are harder verification questions based on information that wouldn’t typically be found in your wallet, such as on your driver’s license, social security card or credit cards.
While our Credit Union data remains secure, it is undeniable that our members may be affected. If you have any questions or concerns please contact us toll-free at 1-800-691-9299.