“Common Cents News” is a quarterly publication for CSCU members and their families.JANUARY • FEBRUARY • MARCH 2014

CHEROKEE STRIP

CREDIT UNION

Rick Menton named new credit union presidentTh e CSCU board of directors has named Rick Menton as the interim credit union president and CEO. Th e appointment was eff ective Nov. 18, 2013. “We were fortunate that Rick was available,” Dr. Robert Howard, president, board of directors, said. “Rick has more than 40 years of widely varied experience in every aspect of credit union activities.”

Menton’s expertise includes strategic planning, project management, marketing and fi -nance with credit unions in Oklahoma and Minnesota. He is the founder and president of Menton Consulting, Inc., in Tulsa. “Credit union personnel throughout Oklahoma speak highly of Rick’s skills and ex-perience,” Howard added. “We’ve seen Rick demonstrate his knowledge during training sessions and audit checks with CSCU. “Rick’s availability more or less fell into our laps,” Howard said. “He has a high energy level, lots of ideas, and statewide and national credit union connections. Th e board felt the CSCU couldn’t pass up this opportunity.”

Cherokee Strip Credit Union president Howard Sissel retired on Nov. 15, 2013. At a gathering to celebrate his four decades of service, an appreciative Sis-sel thanked his staff , the board of directors and CSCU members for their support. “Everyone involved with Howard appreciates his dedication and long service to the credit union,” Dr. Robert Howard, president, board of directors, said. “We’re going to miss him.” Sissel and his wife, Ruth Ann, are excited about the change in their lives. They are looking forward to new adventures, traveling, garden-ing and spending time with family and friends.

Howard Sissel retires after 40 years

CSCU also announces retirements of Chris Burk and Diane CaidChris Burk, loan offi cer, retired on Nov. 15 after 38 years of ser-vice to Cherokee Strip Credit Union. Diane Caid, mortgage loan offi cer, retired on Dec. 15 with over 9 years of service to Chero-kee Strep Credit Union. CSCU wishes them long and happy retirements.

Thank you to all who submitted entries for our contest. The winners were:

Each winner received $25.

Congratulations!

Kindergarten thru 2nd Grade – Sydney CreesPreschool & Under –

Paytyn Armstrong

3rd thru 5th Grade – Kyra White

Annual Holiday Coloring Contest Winners

Th e credit union’s 2014 annual meeting is just around the corner, and we hope you can join us. Registration for our annual meeting begins

Tuesday, March 4, 2014, at 5:30 p.m. in the Seminar Center at Pioneer Technology Center. Th e business meeting will get under way at 6 p.m. We will give away cash prizes throughout the meeting, and the grand prize will be a fl at-screen TV! Unlike other fi nancial institutions where meetings are restricted to a few shareholders, your credit union is a fi nancial cooperative with meetings open to its valued member-owners, specifi cally you.

Plan now to attend. You will elect offi cers to the Board of Directors, hear about how the credit union fared in 2013 and fi nd out what’s

planned for 2014. Give us your feedback, and let us know how well the credit union is serving your fi nancial needs. Tell us about what we’re doing right, as well as your suggestions for making improvements. You can also enjoy the chance to visit with our members. If you are interested in running for the Board of Directors, please contact Don Lockwood, who chairs the nominating committee. Mail a short letter expressing your interest to Cherokee Strip Credit Union, c/o Nominating Committee, 1508 East Prospect, Ponca City, OK 74604. Th e deadline for written nominations is Jan. 15. Th e credit union exists only to serve you, and your support is ap-preciated. We look forward to seeing you March 4.

Cash prizes

throughout the meeting –

Grand prize: fl at-screen TV!

2014 Annual Meeting

Member News

Fair and Accurate Credit Transactions Act (FACT ACT) Cherokee Strip Credit Union may report information about your account to credit bureaus. Late payments, missed payments or other defaults on your account may be refl ected in your credit report.

Privacy notice To assure the continued privacy and confidentiality of your personal infor-mation, your credit union follows these practices and procedures:

Information we collectThe types of personal information we collect and share depend on the product or service you have with us. This information can include: • Social Security number and check-

ing account information • credit history and employment

information • income and payment history

New Year’s Day, Wednesday, Jan.1

Martin Luther King, Jr. Day Monday, Jan. 20

Presidents’ DayMonday, Feb. 17

Branch LocationsMain Office

1508 East Prospect(580) 718-4000 • Fax (580) 718-4090

Loan Department (580) 718-4050

North Waverly Branch1508 West Hartford

(580) 718-4030 • Fax (580) 718-4093

www.cherokeestrip.com

How to get your FREE credit reportTh e Fair and Accurate Credit Transactions Act, passed by Congress, allows all individuals the right to check their credit report once very year. You can obtain a free credit report once a year from each of the credit reporting agencies: Experian Equifax and Trans Union Go online to www.annualcreditreport.com or call toll free at 877-322-8228.

Holiday Closings

Debit Card fee (monthly) Free

Inactive fee per month Free

Notary Service (non-member) $1.00

ATM Balance Inquiry (outside pledge group) $ 2.50

ATM Transaction (outside pledge group) $2.50

Continuous Overdraft (begins 4th day) $3.50

Copies of Checks (per check) $4.00

Return Mail fee $4.00

Copies of Account History/Statement $5.00

Teller Withdrawal by Check (1st two per mth free) $5.00

Cashier Check* $5.00

Return Check on Deposit $10.00

DBO – ACH Origination Return $10.00

Shares early closure fee (first 6 months) $15.00

IRA Withdrawal fee $25.00

Loan Document fee $50.00

* Free for Classic Account, $5 after two in one month & free for Senior 55 Account, $5 after two in one month

Fee Changes Effective 2/10/14

How we collect your personal informationWe collect your personal information, for example, when you • open an account or apply for a loan • pay your bills • use your debit card

Information we discloseWe do not disclose any personal infor-mation about our members and former members to affiliates or non-affiliated third parties except as permitted by law.

Protecting your personal informationTo protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safe-guards and secured files and buildings.