President´s Day: Monday, February 17th--------------------CLOSED
Memorial Day:Monday, May 26th -----------------------------CLOSED
Martin Luther King: Monday, June 30th---------------------CLOSED
Labor Day: Monday, September 2nd-----------------------CLOSED
Columbus Day: Monday, October 14th--------------------CLOSED
Veterans Day: Monday, November 11th-------------------CLOSED
Thanksgiving Day: Thursday, November 28th------------CLOSED

The ROME Credit Union Annual Meeting was held May 20, 2002 at the Credit Union office. Thank you to everyone who participated in the nomination process, and to those who participated. The results are as follows:

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IRA IMPROVMENTS:

With the new changes to the tax bill, IRAs have changed substantially to help Americans save more for the future. Here are some of the changes that will effect IRAs starting the tax year 2002:

     1) The maximum annual limit that an individual can contribute
     to a NEW Traditional and Roth will be increased. The limit will
     be raised in increments over the years to $3,000.00 for 2002
     through 2004, $4,000.00 for 2005 through 2007 and $5,000.00 for
     2008

     2) The contribution limit for 2002 Traditional or Roth IRA  
     is $3,000.00 per year or 100% of your earned income* whichever
     is less, married couples may contribute up to $4,000.00 per
     year*

     3) If you are a low or middle-income wage earner, you may be
     eligible for a tax credit** for contributions to an IRA. The
     amount you receive depends on your adjusted gross income.

     4) Employees have always had the ability to take their
     retirement plan assets with them. They could roll over taxable
     distributions from Section 401 and 403(b) plans, but starting
     2002 you may also be able to rollover non-taxable, voluntary
     contributions plans to an IRA.

     5) If you are over 50, you can now contribute an additional
     $500.00 to an IRA for the 2002 through 2005 tax years and an
     additional $1,000.00 for 2006 through 2010.

With little planning, you can finally enjoy your golden years more with an IRA from ROME Credit Union. For more information contact a Member Service Representative at the Credit Union today.


LOAN IMPROVMENTS:

During one of our last board meetings we at ROME made the executive decision to raise the maximum amount of funds for one person to borrow from $40,000.00 to $60,000.00 of which $10,000.00 may still be unsecured. In addition, the limit for the overdraft protection loan for your checking has been raised from $300.00 to $1,000.00. You may select any amount in this range as your personal limit.

The time is here!! You no longer need to carry a separate checkbook, credit card, and ATM card. All you need is the convenient VISA Check Card from ROME Credit Union. Our New debit card is a great tool that will help you save time and money.

If you already have a checking account with ROME Credit Union, then this card is for you. If have yet to obtain a checking account with us, than now is the time to check one out and enjoy access to our combination Check/Debit and ATM card!

Tele-Banking - Easy Access To Your Funds, Anytime.
Tired of having to run to the credit union just for a quick print out, or calling just to be put on hold wasting your valuable lunch hour, or even waiting for your monthly statement…

Well we’ve done it again, one more development at ROME Credit Union to help us serve you better. Audio Teller is the new and improved way for you to govern your financial activities with the simple touch of a button. Any day, any time, and you never even have to leave your house. Check balances or cleared checks, transfer funds, verify payroll deposits, and much more by calling  1-(248)-358-9174. Just follow the step by step directions provided. The 3-digit Credit Union I.D. number is 129. Your Personal I.D. Number is the last 4 digits of your Social Security Number, though you are able to change this anytime by using the options menu.

It won’t be much longer before our new home banking service will be coming to a computer near you. Look for future updates for additional details about this great new service that will allow you to do all of your banking from home.