The Column - September 29, 2022
GOLDEN EAGLE HALL OF FAME
Your Credit Union has been nominated and selected to be inducted into the 11th class of the Boulder City High School Golden Eagle Hall of Fame. We are very fortunate to be able to support our local community and schools and are truly honored to be a member of the Golden Eagle Hall of Fame.
All inductees will be recognized at the Homecoming Football game tomorrow night, Friday, September 30th, at 7:00pm. There is an admission fee and be sure to arrive early for a good seat.
Please join us in congratulating this year’s inductees and join us in supporting our hometown team at the Homecoming Football game!
ART IN THE PARK
During these times, for a small town to have its own hospital is increasingly rare. It has become cost prohibitive to operate a medical facility if you cannot “generate the numbers” and typically smaller towns cannot provide the support necessary. Despite the increased difficulties, Boulder City has managed to hold on to its hospital.
This weekend, October 1st and 2nd is Art in the Park, one of the busiest weekends of the year for Boulder City. If you are like many of the locals that attend, you have your own way of navigating the crowds (secret parking space, arrive first thing in the morning, etc.). But please don’t let the crowds keep you away. The event is one of a kind and supports our local hospital. Show your support and enjoy the day!
Over the next few weeks, our staff and Official Family will be conducting our annual planning meetings to determine the future direction of Boulder Dam Credit Union. We will be discussing new products available in the market as well as ways to improve on our member service. I do believe we are one of the best Credit Unions in the country at what we do, but I also know there are ways for us to improve.
If you are a member of Boulder Dam Credit Union and there is a product or service that we do not offer that you would like us to consider, please let us know. If there is a product or service that we have that could be better, let us know that as well.
If you live or work in Boulder City and are not a member of the Credit Union, is there a reason why? We would be interested in hearing any ideas that could make us better at what we do.
We can’t be all things to all people, but it doesn’t hurt to try.
Part of a good financial plan includes knowing, monitoring, and managing your credit score. Your credit score is more than just a number, it’s a way for lenders to determine whether you are eligible for a loan or for other businesses to review how you have handled your payments in the past. That can be important stuff when you are planning for your future.
To help you manage your credit score, your Credit Union offers a program called Credit Sense. Credit Sense is a comprehensive credit score management program that helps you stay on top of your credit. Credit Sense is built right in to Online and Mobile Banking, so it is easy to access. With Credit Sense, you can get your latest credit score and report, you can gain an understanding of key factors that impact your score, and you can see the most up-to-date offers that could help you save.
Credit Sense also monitors your credit report daily and informs you by email if there are any big changes detected such as: a new account being opened, change in address or employment, a delinquency has been reported or an inquiry has been made. Monitoring your score is one of the best ways to keep an eye out for identity theft.
Sign up for Online and Mobile Banking and get started with Credit Sense today!
WORDS OF WISDOM
“Small towns make up for their lack of people by having everyone be more interesting.” – Doris Haddock
CMN AUCTION ENDS TOMORROW
Your Credit Union, by way of Credit Union’s for Kids, has been supporting the Children’s Miracle Network (CMN) for over 25 years, and this year has been no different. We have held an employee bake sale, participated in Miracle Jeans Day(s), sold CMN balloons to members, friends and businesses, and the finale is taking place tomorrow.
Our annual silent auction in the lobby to benefit the Children’s Miracle Network, ends promptly at 3:00 p.m. tomorrow, September 16th, so please be sure to visit before then.
EVEN IN TOUGH TIMES
This is a quote from a member who consulted with a bankruptcy attorney and what the attorney said about Boulder Dam Credit Union, “What is it with you people and that Credit Union, what is it that makes that Credit Union so special?” This comment was made in the context of our member’s desire to keep their Credit Union relationship, even after bankruptcy. Bankruptcy is a serious business, and we have our share of members who have no alternative but bankruptcy when going through tough times. However, we have many members who reaffirm with their Credit Union in order to keep their membership in good standing (yes, you can do that despite what an attorney might say).
What is it that drives our membership to be as dedicated to their Credit Union as we are to serving our members? We offer tremendous value while charging minimal or very few fees. We strive to serve each member that walks in the door to the best of our ability. We train and retain a staff, so they are second to none in experience and service.
From a member’s perspective, perhaps the most important service element is we care. We care about you and the service you receive. We care about this community and the role we play in its financial health. We care about each other and the responsibility we have to make this a great work environment. And we care about this Credit Union. And as a result, you care as well! What a great relationship.
NON-MEMBER CHECK CASHING
With the continuing rise in fraud, rules for the cashing of checks have also been impacted. Specifically, requests to cash checks for nonmembers have changed due to federal government regulations and fraud.
It is expected that all qualified individuals have a bank/credit union account established to process payments. If someone has not established a banking relationship, this is normally a sign of significant risk. Individuals with which we have no relationship presenting an on-us check (except for Cashier’s Checks) pose a significantly greater risk to us as an organization. BSA regulations mandate that financial institutions “know” the individual transacting business and there is no way for us to know these individuals without a formal relationship. As a result, non-members are required to present any on-us Credit Union checks to their own financial institution. In the absence of another relationship, they are invited to open a Credit Union account provided they qualify for membership.
In short, non-members presenting on-us checks are required to deposit/cash these checks with their own financial institution. We apologize to our members for any inconvenience this may cause.
BEAUTIFUL BOULDER CITY
The weather will be cooling soon, and it is a great time of year to be outside. Our small city provides a plethora of outside activities including our walking-friendly downtown, Bootleg Canyon, Hemenway Valley, the old railway tunnels, and the amenities provided by local businesses to have an adventure. Also, let us not forget about the self-guided, walking tour provided by the BC Museum and Historical Association, or a visit to the one of the seven marvels of the world, Hoover Dam!
Take time to smell the flowers, look around, and play tourist for the day. It is a great time of year to be in beautiful Boulder City, Nevada.
Visit explorebouldercity.com for a wealth of information on all that there is to do in an around our town.
WORDS OF WISDOM
“A lie can travel halfway around the world while the truth is putting on its shoes.” – Charles Spurgeon