Click here to become a member of UECU

Have questions? Need help? Call 800-288-6423

UECU's July 2018 MemberNews



Logging into Your Account with the UECU Mobile Banking App is Easier than Ever!
If you have an Android or an Apple® device, you can use the fingerprint authentication feature on your mobile phone to log into the UECU Mobile Banking App. iPhone X users also have the option to use face authentication. These new security features make it quick and easy to log into your UECU account with your fingerprint or the image of your face.  You don’t have to worry about remembering your username or password anymore!

To get started…

1   Set up fingerprint or face authentication on your mobile device
2   Download the UECU Mobile Banking App and log into your account
3   Go to the main menu in the mobile app and click on Settings
4   Select Enable Fingerprint Authentication


2018_July_E-posit.jpgAvoid Returned Check Deposits with e-posit™ Mobile (Mobile Check Deposit) With UECU’s Mobile Banking App, you can deposit checks anytime, anywhere. To ensure that your checks are accepted by UECU, and the funds get deposited to your account, we’ve provided some helpful tips for endorsing your check. (You can find more tips online at checkendorsementtips.)

On the back of your check
Write "for Mobile Deposit Only" (Please note: If the back of your check includes a check box that you can mark for mobile deposit, you can check that box, but still need to include the words “For Mobile Deposit Only”)

Sign Your Name exactly as it appears on the front of the check. If the check has been made payable to multiple payees (people), then each payee will need to sign the back of the check.


Ensure Your UECU Visa® Payments Arrive On Time, Every Time – Update the Payment Address
The address for all of UECU’s Visa payments has changed! If you make payments by mail or through an online bill pay service, please look for the new payment address on your Visa statement.  It’s also a good time to verify that your 16 digit card number is correct in your online bill pay account.  Updating this information will help ensure that your payments continue without interruption. Paying your Visa bill online or with our mobile app is even quicker and more convenient!  If you have questions about the changes or need assistance, we’re here to help. Contact a Member Service Representative at 800.288.6423 or via Live Chat at





Message from our President
Saving Early is Key to Financial Success

Bret Krevolin
President/CEO and UECU Member

Understanding how to save money, develop and maintain a budget, and make wise borrowing decisions doesn’t just happen on its own; it takes a lifetime of learning. In the early years, children may not fully grasp the concept of money or how credit works but over time they begin to learn by watching those closest to them. They observe how their parents earn a living, make purchases with their debit and credit cards, and withdraw cash at the ATM.  These early experiences begin to shape their views about money and can have a profound effect on their life-long financial success. Long-term healthy money habits begin to develop in childhood, as early as preschool.* Something as simple as opening a savings account and encouraging them to deposit their birthday money and allowance can teach them the significance of saving at an early age.

As your financial partner, we are here to help as you guide your children through the important stages of life. From opening their “first” savings account to saving for college, we have everything they need to get started.  With competitive rates, low fees, and online and mobile account access, your children can literally watch their savings grow. As a UECU member, you also have access to college savings accounts with Utilities Employees Investment Services (UEIS).** As the cost of a college education continues to skyrocket, it’s more important than ever to start saving when your children are very young. The UEIS Investment Services team can explain the benefits of a 529 College Savings Plan and how you can help maximize your savings. When it comes time to borrow, our Student Choice Loan Program provides affordable private student loan options for undergraduate students and consolidation loans for after graduation. Taking advantage of scholarships and financial aid, as well as utilizing college savings vehicles and low-cost student loans will help them start off adulthood with less debt, putting them on the right financial track.   

As your children grow, our My First UECU program provides them with the essential financial tools they will need to develop healthy money habits – free checking accounts, fee-free debit card, ATM surcharge rebates, free online banking, mobile banking, and bill pay. And when they are ready for their first credit card, auto loan, or personal loan, we provide them with no co-signer borrowing options so they can get what they need and begin building their credit. But most importantly, we are here for you and your children. When you need assistance or just have a question, we’re here to help. Our staff enjoys serving you and your family, and they love hearing about your success. Please continue to tell us about your experiences with UECU; whether it’s a card, a phone call, or an email, we look forward to receiving your feedback.

*Youth Personal Finance Pedagogy (2016) – Consumer Financial Protection Bureau

**Securities and insurance products are offered through Cetera Investment Services LLC (doing insurance business in CA as CFGIS Insurance Agency), member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with the financial institution where investment services are offered. Investments are: *Not FDIC/NCUSIF insured *May lose value *Not financial institution guaranteed *Not a deposit *Not insured by any federal government agency. Before investing in a 529 plan, investors should carefully consider whether the investor’s or beneficiary’s home state offers any state tax or other benefits available only from that state’s 529 plan


mike-malone.jpgMortgages and Home Equity Loans with Built-in Benefits

Michael Malone
Vice President - Lending

Are you thinking about purchasing your first home, a vacation home, an investment property, or making some home improvements?  We can help. We offer a variety of real estate loans with flexible terms, competitive rates, and affordable loan payments.

Finding the “right” mortgage can be overwhelming. But at UECU, we make it easy. We provide you with a simple, no-cost pre-qualification, so you know where you stand in terms of the mortgage amount you qualify for as well as the product that best fits your needs.

Mortgage Benefits

•   Low down payments; as low as 3% for first-time homebuyers
•   Flexible terms and affordable payment options for fixed and adjustable
     rate mortgages
•   Unrivaled personal service from people you trust
•   Low rates and mortgage costs
•   We can help you avoid costly private mortgage insurance (PMI)

Home Equity Loans
If you are ready to fix your roof, replace your windows, build a deck, or make your home more energy efficient, we have unique home equity loan options to help you get started. Did you know you can also use a home equity loan to make a large purchase or consolidate existing debt?

Home Equity Term Loan Benefits
Home equity loans with specific terms, fixed rates, and fixed monthly payments

•   Offered exclusively by UECU
•   Shockingly low rates – check them out at
•   No costs or fees *
•   Terms up to 20 years with payment amounts to fit your budget
•   Loan amounts up to 100% of the value of your home

Flex HELOC Benefits

A flexible Home Equity Line of Credit with a fixed-rate option to lock in your savings
(lock in the rate on all or part of your line of credit)

•   No cost to open, and no application or annual fees*
•    Fixed 2.99% APR 12-month introductory rate**
•    Convenient  access to the line of credit whenever you need it with
      checks, Visa® card, and  online transfers
•   10-year draw period and easy repayment options

 *You may be eligible for a no-cost loan; however, some fees may apply including an appraisal fee depending upon individual underwriting circumstances or fees imposed by third parties. Some states charge additional recording tax after loan origination for which you are responsible. If your home is located in SC, an attorney must assist with your real estate closing, and may charge fees. Early closing reimbursement fee of $400 will be assessed if Home Equity Loan or Line of Credit closed within the first 12 months after opening; up to $200 if closed during months 13 to 36.
**Home Equity Line of Credit Introductory Rate is for the first 12 months from date of loan. After 12 months, existing and new balances will be subject to the regular rate. Regular rates may vary and adjust quarterly based on the Wall Street Journal Prime Rate (Index) plus 0.0% APR (Margin) for up to 90% LTV; plus 1.0% APR (Margin) for 91 to 100% LTV. Maximum lifetime interest rate will not exceed 18% APR. APR = Annual Percentage Rate. Existing UECU HELOC accounts are not eligible to receive introductory rate. Home Equity products are not available in all states. Real estate must be first or second lien, 1-4 family owner-occupied residential property. Homeowners insurance is required. Flood insurance required for properties designated in flood zones. 100% maximum loan to value (LTV). LTV calculation is dependent upon the appraised value of your home.


UECU Welcomes Board Members:


Andrew Koehler is employed as the Controller for UGI Energy Services, LLC and has over 27 years of experience in accounting, internal controls, financial reporting, auditing, budgeting, and financial analysis.  Formerly, he served as a divisional Controller for Exide Technologies, an Accounting Manager for Salient 3 Communications, Inc. and began his career as an Auditor for Ernst & Young.  Andy holds a Bachelor of Science degree in accounting from Penn State University, a Master of Business Administration from Saint Joseph’s University, and is a Certified Public Accountant.



Thomas O’Brien is the Senior Vice President and Chief Information Officer for PJM Interconnection.  He has over 30 years of broad experience in all aspects of the electric industry. Tom is currently responsible for PJM’s information technology services division and enterprise information security. He was previously employed by GPU Energy and First Energy Solutions. He has held management positions in Information Technology and System Operations. Tom earned his Bachelor of Arts in mathematics with a concentration in computer science from Shippensburg University, as well as a Master of Business Administration from LaSalle University.


Thank You to Our Retiring Board Members

We thank Harry Balian and Annmarie Higgins for their dedicated service to UECU. Harry joined the board in 2002 and volunteered on the ALCO and Retirement Committees during his tenure. Annmarie joined the board in 2015 and served as Chair of the Retirement Committee. On behalf of the entire board and staff, we thank you for contributing your time and talents to UECU.


UECU Staff Announcements

2018_July_Terry.jpgWe are pleased to announce that Terrance Larkin has been promoted to Vice President of Member Experience. Terry has been with UECU since 2009, during which time he has held management positions in asset recovery and loan operations. His 20 years of experience working in the financial services industry, as well as his background in customer service and his enthusiasm to motivate others,  has led to his continued success at UECU. Terry loves interacting with both members and employees, he explains, “Knowing that you have the opportunity to assist a member out of a difficult situation in Asset Recovery or that you are able to meet or exceed a member’s expectations from a product or service perspective is what keeps me going. The commitment of every employee to their job and their commitment to our membership is pretty impressive, and I get to be part of that every day!”


2018_July_Phil.jpgWe are also pleased to announce that Phillip Geiger has joined the Credit Union as Vice President/Chief Financial Officer. His experience in the financial services industry spans over 20 years. Phil began his career in public accounting performing financial statement audits of both public and private companies with a focus on financial institution clients. He also held the position of Controller for a community bank that was a publicly traded company, where he was later promoted to Chief Accounting Officer. Phil is a member of the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants. Phil is an excellent addition to the UECU Senior Management Team. His passion for helping members makes him a great fit for UECU. Phil shared, “I really enjoy the team environment and how welcoming and supportive everyone has been as I settle into my new role with the Credit Union. It is truly rewarding to work for a company with such a shared commitment and passion for doing what’s best for our Members.”


Join the fun October 20, 2018 at 4PM at FirstEnergy Stadium in Reading, PA

Follow event news, information and updates on Facebook. CLICK HERE.