News & Notes

New Janesville Office Now Open!!
First Community Credit Union President Jack Gill, announced that FCCU has completed the purchase of the old Evergreen State Bank office located at 2701 North Pontiac Drive in Janesville. Gill stated, "anyone who has ever been in the building realizes what a terrific opportunity this building is." The building is less than four years old and fully equipped with all of the features you would expect. The building includes three drive-up lanes and a 24 hour ATM. The ATM is surcharge free for all FCCU members. With the new office location our Janesville hours will include expanded drive-up hours. The drive-up will be open at 7:30 a.m. Monday through Saturday and close at 5:00 p.m. Monday through Thursday, 6:00 p.m. on Fridays and noon on Saturdays. Stop in and check out the new office.
Here is the Press Release

Rock County Employees Credit Union Merging with First Community
On September 29th, the members of Rock County Employees Credit Union (RCECU) voted to merge their credit union into First Community. The merger will take place in early November and their existing courthouse office will be consolidated into our new Janesville location. RCECU has a long history of serving employees of Rock County government. Their Board of Directors knew that because of their size it was difficult to offer the products and services that their members were looking for. This was a primary reason that the Board looked for a merger partner. RCECU's Board conducted a thorough review of all potential merger partners before selecting FCCU.

First Community President, Jack Gill, stated, "we are extremely proud to have been selected for this merger. FCCU shares the same member service philosophy that RCECU has always had and we are looking forward to continuing our growth in Janesville." At the time of the merger, RCECU had $3 million in assets and almost 1,000 members.
Here is the Press Release

First Community Best Rated Credit Union in Southern Wisconsin
Weiss Ratings have also given First Community a A- rating. There are only 12 credit unions out of the 222 in the State of Wisconsin that have received a rating of A- of higher. UPDATE: The Wisconsin State Journal ran an article on the health of the area credit unions on July 24, 2011. The article showed that First Community was the only credit union rated above "B" by Weiss Ratings in Southern Wisconsin. You can feel proud being a member of First Community!
See the WSJ article here.

FCCU is Awarded 4 Stars in Bankrate.com's Safe & Sound Ratings Service for Q4 2010

A 4-star rating is defined as "Sound" in terms of relative financial strength and Stability. For over 13 years, Bankrate.com's Safe & Sound® service has given consumers information on the relative financial strength and stability of U.S. commercial banks, savings institutions and credit unions. "Now more than ever, consumers need to know that their money is safe," said Thomas R. Evans, President and CEO of Bankrate.com. "Historically, when financial institutions receive one of our 4 or 5 star Safe & Sound® ratings, it has been a strong indicator of their financial health," Mr. Evans added. FCCU's has again been given a 5-Star Bauer Financial Rating. This is the 47th consecutive quarter and represent almost 12 years running.

Click Here for A Video of How
FCCU Supports Our Communities!

First Community Now Offers Youth Accounts!
First Community has a series of three youth accounts. These different accounts are based upon the age of the children. The tiers are 0-7, 8-16, and 17-21. Each tier has features that are appropriate for the age of each child. All of the accounts offer a dividend rate of 1% above the regular share rate. Younger children receive a piggy bank and rewards for each deposit that they make. As they progress through the tiers they will graduate to an account with free checking, free check cards, loan discounts and educational sessions about budgeting and college planning. There is lots of fun and prizes along the way. For more information please contact the credit union and we will be happy to get you started.

Short on Cash?
Try a Payday Stretch Loan from FCCU!
First Community is excited to offer a new pay day loan product. The loan is designed for people
who have a short term need for cash. It could be for an auto repair, medical emergency or the
like. Most payday lenders charge between $20-$22 per $100 borrowed. Our program charges
only $15 per $100 borrowed. This is a savings of as much as $35 per loan aor 32%. Why pay more? There is no credit report or credit scoring on this loan and loans can be between $200 and $750.
This is a great opportunity for members that have had a credit blemish or two to reestablish
themselves. Call or stop in Beloit, Janesville, or Monroe.

First Community Offers FREE E-Statements
Electronic statements can be accessed from any Internet connection. There are two primary advantages to E-statements. The first is that you do not need to worry about your information being sent through the mail. Mail is occasionally miss-directed or stolen. E-statements would prevent this from happening. With E-statements, you log into a secure Internet server and download your information in an easy to access PDF format. The second advantage is that your statement is available sooner, because as soon as the statements are produced you receive an e-mail which allows you to download it immediately. No more waiting for your statement to make it's way through the mail. Please contact FCCU for details! They are available today email jkgill@firstccu.com to signup.

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