Tag Archives: UMe credit union

Local Sunrise and Noon Rotary Team Up and Successfully Fill BTAC Shelves

(Photo by Ross A Benson)

This past weekend members of the Burbank Sunrise Rotary and Noon Rotary held a contactless Food Drive at Ume Credit Unions parking lot in an effort to fill the shelves at Burbank Temporary Aid Center (BTAC).

Members from both organizations along with Ume Credit Union staff donned masks gloves and unload ed from over 113 vehicles enough food and supplies to fill over 17 oversized shopping carts, bins and bags.

(Photo by Ross A Benson)

Everyone who went through the drive-thru was given a Ume Credit Union mask and shopping bag as a gift from Ume Credit Union.

Burbank residents also donated in excess of $1672.00 in checks and gift cards.

The two organizations are also co-funding a much need commercial fridge/freezer to BTAC from other fundraising drives the Rotarians continually do.      

UMe Credit Union Provide Generous Support to Burbank Students with Super Awesome Scholarship Program

Whether it is helping open a first checking account or buy a first car, UMe is always there for its members during all of life’s biggest moments, including supporting members during the current pandemic with its #hereforU program and being among the first to offer loan payment relief of any financial institution. The college experience is also one of those big life moments and planning financial independence can weigh heavily on a student’s mind. That is why the credit union created the UMe Super Awesome Scholarship to help two deserving students achieve their big college dreams – with an award of $2,500 each.

As high school seniors in our community prepare to graduate, UMe is proud to announce the recipients of the scholarship program. This year, instead of two super awesome students receiving $2,500 scholarships, the credit union is naming two additional surprise scholarship recipients, each receiving $500. Says Anita Hutchinson, UMe Credit Union Chief Marketing Officer, “We were inspired to give two extra awards this year while reading the moving personal essays and achievements of our applicants – there were just too many great students to choose from. And in a year of unprecedented change for these kids, we thought it would be a good way to spread some joy.” Through its scholarship program, UMe is honored to support these young people and their ambitions. The credit union believes that all four of these Burbank-area high school seniors will go on to do big things in life!

Giselle Gonzaga from Burbank High School received a $2,500 UMe scholarship and will attend the University of Pennsylvania Wharton School of Business where she plans to major in finance to become a financial analyst.

Prissila Fabian from Burbank High School received a $2,500 UMe scholarship and will attend California State University Northridge where she plans to study finance with the goal of becoming a CFO.

Kristina Belangue from John Burroughs High School received a $500 UMe scholarship and will attend California State University Northridge where she will major in mathematics with a minor in deaf studies and go on to study pharmaceutical medicine.

Luz Torres Antonio from Burbank High School received a $500 UMe scholarship and will attend the University of San Diego where she will major in business administration with the goal of working as a production manager in the entertainment industry. 

UMe’s commitment to education shines through in all its actions. Founded by Burbank teachers (80 years ago this June) the credit union has always considered the Burbank Unified School District a part of its organization. Many of the credit union’s volunteer board and supervisory committee members are current and former employees of the district. Creating the first student credit unions west of the Mississippi circa 1974, creating a paid internship that gives students experience in all departments of the credit union called the UMe Student Internship Program, and more recently, hosting financial education simulations at the high schools for students have been some of its most cherished accomplishments.

The UMe Super Awesome Scholarship was created in 2018 to support students and their future academic endeavors. The application consists of a student’s academic record, personal essay, letters of recommendation, and student activity. Applications for 2020-2021 academic year will be announced on UMe’s website late summer 2020. Applicants must be UMe members for at least 3 months to be eligible.

For footage of each UMe Super Awesome Scholarship recipient receiving the news of their award over a remote video chat, click here!

UMe Provides Essential Financial Services during Coronavirus

CLICK HERE TO LEARN MORE

In the wake of the coronavirus outbreak impacting the nation, Burbank born and bred UMe Credit Union has taken swift action in service to their members, instituting protocols and programs to help during this critical time. Responding to health safety concerns, the credit union moved quickly to appointment-only lobby hours for essential business immediately following California Governor Gavin Newsom’s shelter-in-place mandate. Financial relief programs have been created to support people dealing with the fiscal impacts of COVID-19.

Anita Hutchinson, UMe Credit Union CMO & Vice President of Marketing, says helping is in the DNA of the credit union. “Everyone at UMe has been working around the clock to ensure we continue providing critical services and support for our community. But for us it’s more than access to banking services. We created mortgage and loan relief programs to help ease the financial burden on our community during this uncertain time. We’re really living our mission. U + Me = UMe. It’s not just something we say, it’s something we really mean. We’re in this together, and we’ll get through this together.”

UMe relief programs are good news for members. Unveiled in their signature UMe style, Hutchinson describes them, saying, “Really, we’ve all had just about enough bad news, thank you very much. What we’re doing now is looking for ways to deliver some good news that we hope our members will actually welcome.” UMe was quick to put together fee-free mortgage and loan payment relief programs, giving people the ability to skip THREE consecutive payments. Auto, personal and share-secured loans, home equity line-of-credit (HELOC), easy access line-of-credit or Visa credit card through UMe all qualify for this program.

Rooted in Burbank, UMe’s goal is to provide meaningful financial support through their customized member and community programs. “We deeply care about what our members are going through, it’s all we think about these days. When the year began, we were looking forward to celebrating our 80th anniversary as a credit union with our membership… we had a huge party planned with food and entertainment and giveaways – we even rented a 48 foot ferris wheel for our parking lot, we were going BIG – and now, we just want to celebrate our members successfully getting through this crisis. That’s what matters to us most.”

 

Here is a roundup of relevant information and updates from the credit union in the wake of the coronavirus outbreak.

Lobby Hours

UMe Lobby Hours are now by appointment only on Mondays – Fridays: 9am – 5pm – for essential and time-sensitive banking business only. Essential and time sensitive business includes things like instant Debit and Credit Card replacement, Wire Transfers, cash withdrawals beyond the ATM daily limits & up to their in-branch limit of $3,000/day, large check deposits over Mobile Check Deposit limits, etc.

All New Loan & New Account business is being conducted through the UMe Call Center, which remains open regular UMe business hours at (818) 238-2900.

You may request a lobby visit appointment by emailing lobbyvisit@umecreditunion.com or calling (818) 238-2900.

CARES Act

The U.S Treasury and the Small Business Administration (SBA) have released guidance for issuing loans under the CARES Act. UMe has partnered with Lendio to provide their membership with access to the SBA Paycheck Protection Program (PPP) loans for small businesses. The credit union is not benefiting from these loans, but is providing access to eligible lenders to help their business members thrive. A link to apply is available here.

24/7 Access

Practicing social distancing means that members should take advantage of the credit union’s digital connections. UMe’s online and mobile banking services, debit and credit cards, and ATM network across the nation are available 24/7. If you have a question about a specific banking function you’d like to do, use this chart to see all your options.

Mortgage Loan Payment Relief

This special mortgage loan payment relief program allows members who have been affected by COVID-19 to skip the next 3 months of UMe mortgage payments without penalty.

Loan Payment Relief

This special loan payment relief program allows members to apply skip THREE consecutive UMe loan and Visa payments without a fee.

For the latest updates from UMe or to learn more about these special, customized programs, visit the special “We’re Here For U” page of UMe’s website or contact the UMe Call Center at (818) 238-2900 Mondays – Thursdays from 9am – 5pm and Fridays from 9am – 6pm.

CLICK HERE TO LEARN MORE

Ume Credit Union Hosts Holiday Toy Drive

UME Cares Credit Union announced that it will be participating in the Burbank Coordinating Council’s Holiday Basket program. In the spirit of “people helping people” (a cornerstone of the credit union social mission), UMe is collecting new and unwrapped toys to help local families in need. Donations can be dropped off in UMe’s lobby now through December 6, 2019 during business hours.

The credit union is hosting the toy drive through UMeHelps, an initiative that allows its members and the Burbank community at large to give back to local charities and individuals needing assistance. UMeHelps supports local organizations with food and clothing drives, pet adoptions and fundraising efforts. Additionally, it promotes awareness of local programs that require community support.

UMeHelps is happy to support the Burbank Coordinating Council. Every year, the program connects families in our community with people and organizations that are willing to provide them with food and gifts for their children for the holidays. This year, the Council expects to deliver holiday baskets to almost 1,000 local families!

Looking for gift donation ideas? The UMe Emu has made a list!

1 Action Figures & Collectibles

1 Arts & Crafts Supplies

1 Bikes, Skates & Skateboards

1 Blocks, Legos, Building & Construction Sets

1 Books, Puzzles, Board Games & Cards

1 Cars, Trucks & Accessories

1 DVDs & Electronics

1 Puppets, Dolls & Accessories

1 Learning & Educational Toys

1 Musical Instruments

1 Play Vehicles & Radio Control Toys

1 Pretend Play & Dress Up

1 Sports & Outdoor Play Items

1 Movie Theatre Gift Cards

1 Teen Gifts: Shaving Kits, Cologne, Make-Up, Nail Polish, Hair Styling Equipment & Accessories, Jewelry, Backpacks, Totes, Purses, Gift Cards, etc.

UMe Credit Union Gives Teens a “Bite of Reality”

Receiving training at Burbank (Photo Courtesy UMe Credit Union)

On May 3 UMe Credit Union wrapped up their UMe Bite of Reality event at Burroughs High School in order to help teens make financial decisions and give them a better understanding of the challenges of living on a budget. UMe first tested the event out earlier this year in February at Burbank High School for a group of National Academy of Finance students and proceeded to introduce it to Burroughs after it’s huge success.

Receiving training at Burroughs (Photo By Betty Blossom)

The Bite of Reality program is created for Credit Unions by the RMJ Foundation and is a hands-on simulation app that gives teens a taste of real-world financial realities. The students were each assigned a fictional persona complete with an occupation, salary, spouse and family, student loan debt, credit card debt, and medical insurance payments. The students then walked around to various table-top stations to “purchase” housing, transportation, food, clothing, household necessities, day care, and other needs. Most importantly, the simulation includes a “credit union” table to help the students with their financial needs, guiding them on how to budget and successfully navigate finances in the real world.

Photo By Betty Blossom

At the transportation table, students dealt with a pushy “car salesperson” that encouraged them to choose brand new vehicles versus a used car or bus pass while over at the housing table a commission-based “realtor” sold them on the biggest house with the most rooms. There was even a “Fickle Finger of Fate” that gave students unexpected “expenses” or “windfalls” just like in real life. The students soon learned to weigh their wants versus their needs.

“Now that we know that the students enjoy the event, and even more important, learn something, our goal is to make it a regular event at both high schools,” said UMe Credit Union CMO & Vice President of Marketing, Anita Hutchinson, who helped organize and bring the events to both of Burbank’s high schools. “One of the students told me: ‘Thank you, this really opened my eyes about a lot of things I had no idea about!’ This fits in with where we started. Our credit union was founded by a couple of Burbank teachers back in 1940. We operated out of a teacher’s desk drawer for years, eventually moving to a teacher’s house so people could access their money after school hours,” added Hutchinson. UMe Credit Union bought their first building on Magnolia Blvd. in 1969 and have continuously showed their support for the Burbank community and school district.

Receiving training at Burroughs (Photo By Betty Blossom)

According to a WalletLiterarcy Survey by WalletHub, California ranks near the bottom of all the states in “Financial Knowledge and Education.”  “Most of the students who participated in our simulation were shocked by what it costs to survive in the real world: cars, cell phones, utilities, personal care-all normal, everyday expenses that need to be budgeted for,” says Hutchinson.  The students provided positive feedback regarding the program and many students commented that they learned something new. UMe Credit Union’s goal for the program is to get our Burbank students to rise to the top of the ranking, making sure they’re prepared for real life beyond high school and college. “If we can give them a good knowledge base, we can help ensure that they avoid stress and enter adulthood more prepared for success!” adds Hutchinson. Surveys shows that students report feeling the least prepared to tackle their finances and are particularly stressed about it.  The good news is that as financial knowledge increases, the stress over financial decision-making decreases.

Photo By Betty Blossom

According to a 2017 EverFi survey of 104,000 incoming college students, there is a general lack of financial knowledge/skills — and students are:

+ accruing high levels of student loan and credit card debt

+ displaying a poor understanding of basic financial topics

+ experiencing financial stress and anxiety

In the recap after the simulation ended, UMe asked students to share what they learned… and some of the answers were:

+ there’s a difference between wants and needs

+ kids are expensive

+ you can choose how to spend your money, don’t always take what a salesperson tells you as what’s best for you

+ ask questions

+ just because you make money doesn’t mean you will have enough to do everything you want

Receiving training at Burbank (Photo Courtesy UMe Credit Union)

Receiving training at Burroughs (Photo By Betty Blossom)

UMe Credit Union Creates Fundraiser For BUSD Schools

UMe Credit Union announced its new fundraiser for the Burbank Educational Foundation (BEF), benefiting our Burbank Unified School District. The “15 For 15 Challenge” seeks to raise $15,000 from 15,000 UMe members for the 15,000 students in the Burbank Unified School District.

Additionally, UMe will match donations up to $15,000 for the BEF, a local organization that provides assistance to BUSD through important teacher grants and more.

UMe supports area charities and organizations through its UMeHelps initiative. However, The BEF’s mission to promote excellence in Burbank schools is particularly special to the credit union. UMe was started by a group of Burbank teachers in 1940, and the credit union regularly supports local schools, including $5,000 in scholarships for Burbank high school students.

UMe’s CMO and VP of Marketing, Anita Hutchinson commented, “UMe is thrilled to help the BEF give teachers and students in Burbank the tools they need to thrive. The fact that they serve 15,000 students in Burbank and we have 15,000 members seemed like the perfect opportunity. We saw that there was a real need for support, but also a community large and generous enough to rise to the occasion.”

“The 15 For 15 Challenge” is ongoing, but UMe intends to make it an annual fundraiser, increasing its target every year as the credit union’s membership grows.

UMe members and the Burbank community can make donations online by visiting www.BEFgives.org/UMeMatch

UMe Super Awesome Scholarship for High School Seniors Announced

For a credit union that began as an inspired idea by a group of Burbank school teachers, commitment to the local community has always been at the heart of UMe. Today, the credit union is brimming with hometown pride as it announces its annual scholarship program supporting Burbank students who will go on to do great things in the world.

With the UMe Super Awesome Scholarship, high school students in Burbank can receive $2,500 to support their future academic endeavors. The Burbank-based credit union is now pulling out its bullhorn, calling all local high school seniors with big plans — and even bigger dreams — to apply. Two super awesome students will be chosen each year by UMe’s management team, starting with the 2018-2019 graduating class.

If you are a senior enrolled in a high school in Burbank, California who has at least a 3.0 GPA, a UMe checking account for three months, and has been accepted for admission to a recognized junior college, accredited college or university or vocational coursework leading to a secondary education, congratulations, you’re awesome and you are eligible.

The Super Awesome Scholarship application consists of a student’s academic record, personal essay, letters of recommendation, and student activity information. Applications are available online or at UMe at 3000 W. Magnolia Boulevard in the Magnolia Park neighborhood of Burbank. Completed applications can be hand-delivered to the UMe concierge desk (Come see us! We’re cool.) or mailed to the UMe Marketing Team, P.O. Box 7767, Burbank, CA 91510-7767.

The deadline for completed applications is April 15, 2019. The Super Awesome Scholarship recipients will be announced in May of 2019.

 

UMeHelps Launches Annual Food Drive to Benefit Burbank Temporary Aid Center

UMe Credit Union announced today that it will be hosting its 7th annual food drive at its branch in Burbank. In the spirit of “people helping people” (a cornerstone of the credit union social mission), UMe is collecting canned goods to support Burbank’s less fortunate. Donations benefit the Burbank Temporary Aid Center (BTAC), and are accepted in UMe’s lobby from May 1 – May 31, 2017.

The credit union is hosting the food drive through UMeHelps, an initiative that allows its members and the Burbank community at large to give back to local charities and individuals in need. UMeHelps supports local organizations with food and clothing drives, pet adoptions and fundraising efforts. Additionally, it promotes awareness of local programs in need of community support.

UMeHelps is happy to support the BTAC, which has been providing short-term emergency assistance to the working poor, crime victims, seniors and the homeless since 1974.

To participate in the food drive, members and local residents can bring commercially prepared, un-opened food to the UMe branch. See below for a complete list of acceptable donation items.

UMe is located at 3000 W. Magnolia Blvd. in the Magnolia Park area of Burbank. For more information, please call Anita Hutchinson at (818) 238-2900 x240.

In the spirit of the credit union philosophy of “people helping people” – we’re asking UMe members to help us collect donations for the Burbank Temporary Aid Center (BTAC). You can drop off donations at the Credit Union anytime during the month of May.

BTAC accepts monetary donations or contributions of commercially prepared, unopened food. Canned good donations with easy-open pull-tabs are especially appreciated! Acceptable food donation items are as follows:

° Macaroni & Cheese

° Peanut Butter

° Boxed Cereals

° Canned Fruits

° Canned Vegetables

° Canned Meats (chicken, tuna, etc.)

° Rice

° Pasta

° Pasta Sauce

° Instant Potatoes

° Pancake Mixes

° Syrup

° Dried Fruit/Raisins

° Trail Mix

° Fruit Cups

° Instant Oatmeal

° Powdered Milk

° Evaporated Milk

° Personal Hygiene Supplies (toothpaste, toothbrush, dental floss, deodorant)

UMe Credit Union Hosts Holiday Toy Drive

UMe Credit Union announced that it will be participating in the Burbank Coordinating Council’s Holiday Basket program. In the spirit of “people helping people” (a cornerstone of the credit union social mission), UMe is collecting new and unwrapped toys to help local families in need. Donations can be dropped off in UMe’s lobby from November 6 – December 10, 2017 during business hours.

The credit union is hosting the toy drive through UMeHelps, an initiative that allows its members and the Burbank community at large to give back to local charities and individuals needing assistance. UMeHelps supports local organizations with food and clothing drives, pet adoptions and fundraising efforts. Additionally, it promotes awareness of local programs that require community support.

UMeHelps is happy to support the Burbank Coordinating Council.

For 84 years, Burbank Coordinating Council has been helping Burbank families in need. Each year, through their partnership with organizations and community members, they supply and deliver Holiday Baskets to over 500 local families. This  year, the number will exceed 700! The program connects families in need in our community with people and organizations that are willing to adopt families and provide them with food and gifts for their children for the Holidays. The Coordinating Council supplies the baskets for all of the families that are not adopted (they supplied 200+ in 2016… and they anticipate 400+ this year).

Every year, the program connects families in our community with people and organizations that are willing to provide them with food and gifts for their children for the holidays. This year, the Council expects to deliver holiday baskets to over 700 families!

Suggested gift donation items are as follows:

° Action Figures & Collectibles

° Arts & Crafts Items

° Bikes, Skates & Skateboards

° Blocks

° Board Games & Cards

° Books

° Building & Construction Sets

° Cars, Trucks & Accessories

° DVDs

° Dolls & Accessories

° Electronics

° Learning & Educational Toys

° Legos

° Movie Theatre Gift Cards

° Musical Instruments

° Play Vehicles

° Pretend Play & Dress Up

° Puppets

° Puzzles

° Radio Control Toys

° Sports & Outdoor Play Items

° Teen Gifts: Shaving Kits, Cologne, Make-Up, Nail Polish, Hair Styling Equipment & Accessories, Jewelry, Backpacks, Totes, Purses, Gift Cards, etc.

NOTE: Donation items received after this year’s Holiday Basket shopping dates will be added to next year’s UMeHelps donation drive.

UMe is located at 3000 W. Magnolia Blvd. in the Magnolia Park area of Burbank.

 

Community Gets Together to Support Troops

UMe Credit Union, in a partnership with Keller Williams Burbank, joined together for their annual Thank-A-Soldier Care Box Assembly project, created to comfort U.S. troops overseas.

(Photo by © Ross A. Benson)

UMe members and community neighbors brought donations to the credit union branch during September and October to be packed up by volunteers.

Items will benefit deployed U.S. troops and included personal supplies (wrapped toothpaste and toothbrushes, deodorant, shaving cream, and razors), snacks (hard candy, protein bars, jerky) and entertainment (paperback books, playing cards, DVDs).

This past Saturday UMe hosted the Thank-A-Soldier Care Box Assembly and Community BBQ Event which feature live music and free lunch (with a donation). Donated items were packaged and prepared for troops as a thank you for their hard work and sacrifice.