| Dentalgram | July 2004 |
La Loma ATM now available in Prince Hall Lobby
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| The staff of the La Loma Credit Union is ready to serve you. |
La Loma FCU has been on campus for almost 50 years. The credit union has evolved into a full service financial institution. La Loma FCU is very grateful to the School of Dentistry administration for allowing the Credit Union to place an additional ATM on campus.
The ATM is located in the lobby of the School of Dentistry and dispenses $10 and $20 only (no deposits). The Credit Union is proud to offer this service for member-owners as well as other users. Following is an additional list of services and products offered by La Loma FCU:
- Four ATM locations: Loma Linda main office, La Sierra branch, Drayson Center, and School of Dentistry lobby.
- La Loma is part of CO-OP ATM network. When you see the CO-OP symbol your transaction is free and there are 17,000 locations.
- Loan products: vehicles (new and used), RV, boat, signature loans, home equity lines of credit and first mortgages
- Three checking accounts: Premier, Basic, and Electronic
- Teen and kids accountsVISA Check Card
- Platinum VISA; classic VISA; student VISA
- Online banking
- Bill pay
- 24-hour access by phone
- Direct deposit
- Share certificates
- IRAs
- 4 club accounts including Christmas Club
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| Employees, students, and visitors may now use the La Loma Credit Union ATM in the Prince Hall Lobby. |
Credit unions are cooperative financial institutions, formed by groups of people with a "common bond." These groups of people pool their funds to form the institution's deposit base; the group owns and controls the institution together. Membership in a credit union is not open to the general public, but is restricted to people who share the common bond of the group that created the credit union. Examples of this common bond are working for the same employer, belonging to the same church or social group, or living in the same community. Credit unions are nonprofit institutions that seek to encourage savings and make excess funds within a community available at low cost to their members.
Source: Banks, thrifts, and credit unions—what's the difference?
http://www.state.ct.us/dob/pages/abcs-2.htm
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August 2, 2004
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