CU News

BBQ

Our first annual "neighborhood" BBQ held on Friday, May 30, was a huge success! All current and potential members were invited to eat, socialize, and sign up for several drawings during the event itself. Winners of $50 gas cards were Gayle Ballesteros, Mike Henderson and Vivian Gove. We had balloons and other goodies for the children. Everyone in attendance had a wonderful time. We owe a special thanks to Paul Miller, Alex King, Danny McLaughlin, Joe Coffin, Peggy Hanson, Steve Desmond, Donna Peirce, Theresa Viollette, Herb Gans and all the staff for helping with the events that day.


FYI

* Peter Hamlin was the first winner in the new Member Appreciation Corner. Congratulations, Peter!

* More and more credit unions are joining the Shared Branching Network. Go to www.cuservicecenter.com or call 1-800-919-2872 to find a credit union near you. We are making it easier for you to do your business with us even if you do not live right next door!

* Home Equity Rate dropping to 5% as of July 1,2008.


OUR NEWEST MEMBERS

Please let us know when there is a new baby in your family and we'll gladly make the opening deposit of $5.00 to his or her account.

Eli Desmond- Ben and Gillian

Addison Dowling- Tom and Tina

Lauren Donnell- Vince and Martha Abbott,grandparents

Autumn Stymiest- Ricky


HOLIDAYS TO REMEMBER

Labor Day
Closed Monday, September 1,2008


BOARD OF DIRECTORS ELECTION RESULTS

Paul Miller, Peggy Hanson and Darla King were re-elected to the Board of Directors at our 2007 Annual Meeting held on May 14,2008. We want to thank them for the continued support they have shown to the credit union over the years.


Car Loan Special

Looking for a car with better gas mileage? Through September 30,2008, if you purchase one of the many hybrid cars on the market, you can save 1% off your loan rate. It's a win-win situation so take advantage of this loan special!


TO REPORT A LOST OR STOLEN VISA*

TO REPORT A LOST OR STOLEN VISA* CHECK CARD CALL 1-800-472-3272!


Advertising Our Field of Membership

Since we opened our field of membership to Bangor and approximately 20 surrounding towns, the credit union has been advertising to potential members who live, work, worship or attend school in these towns. We have done some television advertising, target marketing to households in certain towns, placed ads in the Bangor Daily News, and several other venues. In some of our latest ads, you can see our Mission Statement which is "Building Strong Financial Futures-one member at a time". This statement says it all by telling you and any potential new members that we are here to help each individual person build the strongest financial future available to you in these tough times. Need a place to start? Would a budget help? Come in to see us and let us help you get started on that strong financial future!


BANGOR HYDRO FEDERAL CREDIT UNION
115 MECAW RD
HAMPDEN, MAINE 04444

(207)945-6264 * (207)945-6411

1-800-974-4475
FAX (207)941-1145
TELLER-PHONE 1-866-308-2042 * 207-945-5350

E-MAIL:darla@bangorhydrofcu.org
E-MAIL:carol@bangorhydrofcu.org

Web Site:www.bangorhydrofcu.com


SOCIAL RESPONSIBILITY CORNER

We are almost half way through the year and have collected over $600 for our 2008 Campaign to End Hunger in Maine. We want to thank all of you who have helped in any way by purchasing candy bars, chips, cookbooks, magnets or one of many other items we have for sale. We know that this year is a tough one with the price of oil and gas and it's wonderful that our members remember there are people who need help even more than in past years. Thanks for being so generous!


Member Appreciation Corner

As a credit union we are always thinking of ways to recognize our current membership. Our staff has developed a program that we feel will have great rewards for you, our members. Every quarter there will be a drawing for $100 which will be categorized by age group. This quarter we want to recognize 12-years old and younger members. All you need to do is fill out the coupon below and either drop it off or mail it in to the office at 115 Mecaw RD, Hampden, ME 04444.

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MEMBER APPRECIATION DRAWING


NAME______________________________________________________________

ACCOUNT#__________________________________________________________

PHONE#____________________________________________________________


Drawing this quarter for those up to and including 12 years old.


--------------------------------------------------------------------


Bangor Art Festival

Join us on August 2, 2008(rain date Sunday,August 3) at the 19th Annual Art Festival held in Pickering Square. As one of the sponsors of the festival, we will have a booth where you can buy a raffle ticket to win a beautiful hand-made carving board(donated by Steve Desmond), or a watercolor print(donated by Collette King), or a watercolor print(donated by Peg Hanson). All proceeds from the drawings will benefit the 2008 Campaign to End Hunger in Maine. We hope to see you there on August 2!


Check out our Certificate Rates

Go to our web site at www.bangorhydrofcu.com then click on "Rates". All certificates are in a "step-up" classification, which means that you can change to a higher rate one time during the term of the certificate. Keep watch on our rates and let us know when you might like to step-up!

Current rates are:

*6-month Rate: 2.862%; APY 2.90%

*12-month Rate: 3.008%; APY 3.05%

*24-month Rate: 3.203%; APY 3.25%

*60-month Rate: 3.542%; APY 3.60%


Remember, there is no safer investment than a share certificate at your credit union!
Rates are subject to change at any time.