December 2016 LeeFCU News

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December 2016 News, Chinese     December 2016 News, English

If you have not made a transaction with the credit union (share deposit, withdrawal, or written/e-mail correspondence) in the last three years, your account may have to be turned over to the District of Columbia as unclaimed property. It only takes a single transaction every other year to prevent this action. You can also send us a letter or e-mail stating that you want to keep your account active, please include your address and account number.

Dividends will be posted to accounts on January 1, 2017. Dividends will not be posted to accounts that do not have the minimum balance of $100.00 or that have been closed. A service charge of $2.00 has been deducted from accounts with balances under $50.00. A schedule of our dividend rates and fees is available upon request.

We are still offering a $300 credit toward appraisal costs for any new real estate loan or a refinance of an existing real estate loan with an increase in the loan balance of $100,000 or more.

The winner of the credit union scholarship is Angela Tu and the winner of the Kwang Lien Lee Scholarship is Zachary Danik. Congratulations to both of the winners.

We are now accepting applications for the year 2017 Kwang Lien Lee Scholarship. All Asian high school graduating seniors are eligible to apply. Applicants are to submit a copy of their SAT/ACT scores, a copy of their transcript, and a brief biographical sketch describing their outside activities and future goals.

Send all applications to:
Kwang Lien Lee Scholarship Committee
c/o Lee FCU, P.O. Box 1741
Washington, DC 20013.
Applications are due by July 31, 2017 .

The credit union is now accepting applications for the 2017 6th and 9th Grade Scholarships. Only members may apply. Applications must be received by July 31, 2017. Sixth grade applicant should submit their final report cards for grades 4 to 6. Ninth grade applicants should submit their final report cards for grades 7 to 9 and a short essay.

Send applications to:
Lee FCU, P.O. Box 1741
Washington, DC 20013-1741.

The Credit Union Annual Meeting will be on March 12, 2017 at 130 PM in the Lee Association Building on the 3rd floor. Nominations for the Board of Directors,

Credit Committee and Supervisory Committee will be accepted until February 28, 2017. Nominations must be accompanied by a statement of willingness to serve by the nominee and signatures of 15 members who are at least 18 years old.

Send nominations to:
Nominating Committee
c/o Lee FCU
P.O. Box 1741
Washington, DC 20013-1741.

Please check our current mortgage rates on our website Rates are going up, get your mortgage now before the rates rise more.

If you know of any high school or college students interested in working part-time at the credit union, please contact the credit union.