Skip-A-Payment* Summer‛S More Fun with a Little Extra Cash!
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Skip-A-Payment* Summer‛s more fun with a little extra cash! Federally Insured by the NCUA ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| [Name Address City, State Zip] Dear [Member rst name], At AOD Federal Credit Union, we believe in bringing value to our member-owners. This summer, we want you to enjoy yourself and would like to oer you the opportunity to skip-a-payment* on your loan(s) in the Spruce up your home month of July or August 2011! No strings attached. This summer AOD Federal Credit Union is waiving the fee per loan skipped. Use the extra money to: • Take a family vacation • Get ahead on back-to-school shopping • Spruce up your home Get ahead on back-to-school shopping Skipping a payment has never been easier! Just ll out the form below and return it in the enclosed envelope, fax it to 256-237-3285, or drop it off at the nearest AODFCU location by June 30th, 2011. If you have any questions, please give us a call at 256-237-9494 or 800-637-0299, or visit us online at www.aodfcu.com. Sincerely, Kenneth R. Reynolds Take a family vacation President and CEO *By skipping a payment you authorize AOD Federal Credit Union to extend your loan due date by one month and understand that this may extend the maturity date of your loan. Interest will continue to accrue on the unpaid balance during the month you skip your payment and when payments resume, the unpaid interest will be collected first. Members must be in good standing to participate. AOD Federal Credit Union reserves the right to refuse any skip-a-payment request. Payments made through Payroll Deduction or Direct Deposit transfer will be deposited into your Share Savings Account for the month skipped and will subsequently be available for withdrawal. Mortgage loans, Credit Cards, Payment Shaver Loans, and loans newer than two (2) months may not be eligible for the skip-a-payment program. Payment protection and/or GAP insurance may not apply to the extended loan term. No more than two (2) payments per loan may be skipped in a calendar year. The offer expires June 30th for July 2011 skips and July 31st for August 2011 skips. Complete this coupon and return in the enclosed envelope, fax to (256) 237-3285, or drop off at the nearest AODFCU offi ce. Skip-A-Payment* Summer‛s more fun with a little extra cash! YES! I’d like to skip my payment(s). Signature Co-Maker Signature (i f applicable) Phone Number ( ) Mission Statement Contents AOD Federal Credit Union is a cooperative Our History ..................................................................................2 organized for members to pool their savings, lend them to one another, and own the Original Charter Members ........................................................3 organization where they save, borrow and Honoring WWII Veterans: Julian Tom Clements ...............4 obtain related financial services. AODFCU WWII Veteran’s Honor Roll ...............................5 Past Board Chairpersons ............................................................6 Leadership Team ..........................................................................7 Agenda ...........................................................................................8 Working Vision Statement 62st Annual Meeting Minutes ....................................................9 “Quality Member Service” Chairman’s Report .....................................................................12 Treasurer’s Report ......................................................................14 Supervisory Committee’s Report ...........................................19 Statement of Financial Condition .........................................20 Organizational Values Statement of Income .................................................................21 Statement of Members’ Equity ..............................................22 • Progressive • Commitment to a Quality Staff Ready to Roll Auto Dealers ......................................................23 • Community Service Field of Membership .................................................................24 • Integrity Products and Services................................................................26 • Commitment to Members’ Financial Well-Being Community Involvement .........................................................27 Office Information .....................................................................28 Team AODFCU ........................................................................29 2 1 Our History AOD Federal Credit Union AOD Federal Credit Union was federally chartered on April Original Charter Members 21, 1950, as a financial cooperative to serve its members. The credit union’s original charter group consisted of Foster Oliver Freeman A. Lambert 45 members who were all employed by the Anniston Ordnance Depot. AODFCU’s first day of operation was Jack P. Butterly Charles W. Locke May 4, 1950, in an office located on the Depot property. T.L Drummonds Mildred J. Cowan Since 1950, AOD Federal Credit Union has grown to six offices, located throughout Anniston, Jacksonville, Milton E. Harris Leon W. Poe and Oxford, with more than 400 select employer groups S.C. Woodard D.E. Smith and 13-ATM locations throughout Talladega, Oxford, Anniston, and Jacksonville. For 63 years, the credit union’s Joseph Burn Dudley C. Ward goal has been to provide its members with sound savings Rudolph K. Baerwald H. M. Bunch programs, competitive lending and checking products, and a variety of other convenient services tailored to fit Donald C. Koehn E.R. Perry the needs of each individual member. AOD Federal Credit Edward C. O’Brien, Jr. Nellie C. Holmberg Union’s 63 years of service and experience has positioned the credit union to become one of the largest and most M.B. Jackson Clarence A. Gilmore stable credit unions in the nation. John L. Carpenter Grady L. Tew Lincoln Gundlack Nobie T. Martin Elijah J. Colley Alanzo O’Harrow Nell M. Flanagan James B. Perry Lewis E. Melton Carrie E. Dickie Clarence W. Gober S.S. Penuel Billy Malcom Margaret Jamison Fannie D. Battles Ruth L. Cornelius Catherine W. Bowling F.J. Krysiak James B. Owen Revy E. Higgins Marvin H. Voges Thomas E. Ball AOD Federal Credit Union’s Jacksonville office, Herbert C. Price W.W. Owens Gordon L. Williamson Building the , Donald Turner Grand Opening Ceremony held July 27, 2012. 2 3 Honoring WWII Veterans: AODFCU World War II Veteran’s Honor Roll Julian Tom Clements Julian T. Clements has been a member of AOD Federal Credit Union since 1976. AODFCU would like to honor the spirit, sacrifice, and commitment of members who served in the Mr. Clements was born in Gallant, AL on December 13, 1919 and raised on a farm in U.S. armed forces during World War II. Members were given an opportunity to register themselves Ohatchee, AL. One of four children, he attended school in Ohatchee until he enlisted or relatives who were AODFCU members prior to the publishing of the Honor Roll. To make a AODFCU Honor Roll into the Navy at age 17. submission for future publishing of the , please visit www.aodfcu.com for more details. Mr. Clements served our country in the Navy during WWII. He attained the rank of Chief Petty Officer. He is one of the 145 survivors of the sinking of the U.S.S. Walke Harold Allen Billy Hawkins John David Nix after the three day Naval battle for Guadalcanal in the Solomon Islands. U.S. Merchant Marines U.S. Army U.S. Army Oxford, AL Oxford, AL Altoona, AL After Clements returned to the states, he was assigned to another ship in the Atlantic 1927 – 2011 1926 – present 1917 – 2003 fleet and continued to work as a chief commissary steward until he retired from the Navy in November 1947. He returned to Alabama and worked several other jobs Warren Brady Watson E. Haynes Verdery Roberson before he began his career at the Anniston Army Depot in the early 1950’s as a civilian U.S. Army U.S. Army U.S. Navy supply section supervisor over tool cribs & property. He transferred to Fort McClellan Oxford, AL Oxford, AL Huntsville, AL in 1960 and retired there in 1978. 1921 – present 1927 – 2005 1927 – present He and his late wife, Dorothy, had two daughters. He has five grandchildren, two Bill Brock Glenn D. Hester Archibald K. Schaeffer great-grandchildren and one great-great grandchild. He resides in Bynum. U.S. Army U.S. Navy U.S. Army Weaver, AL Jacksonville, AL Anniston, AL 1918 – 2010 1925 – present 1917 – 1993 Thomas J. Brock Malcoln D. Hicks Howard Lester Sewell U.S. Navy U.S. Army U.S. Marine Corps Piedmont, AL Eastaboga, AL Clay, AL 1922 – 2012 1927 – 1983 1918 – present Julian T. Clements Jimmie “Jim” D. Mains Louie Sutherlin U.S. Navy U.S. Navy U.S. Navy Bynum, AL Anniston, AL Bynum, AL 1919 – present 1929 – present 1924 – present Denford Davis Don Mohon Harold Wergin U.S. Army U.S. Naval Air U.S. Army Snead, AL Bynum, AL Oxford, AL 1921 – 2010 1927 – present 1920 – present William Herbert Gates James Dan Munroe Clyde L. Wesson On behalf of AODFCU Board of Directors, Management and employees, we thank U.S. Army U.S. Army U.S. Navy you for your service to our nation. Jasper, AL Talladega, AL Oxford, AL 1921 – present 1925 – 2010 1928 – present Edward E. Harrison William Nestor Lowell B. Wesson U.S. Army U.S. Army U.S. Army Lincoln, AL Anniston, AL Anniston, AL 1919 – present 1922 – present 1917 – 1992 4 5 AOD Federal Credit Union Leadership Team Past Board Chairpersons Board of Directors Rudolph K. Baerwald .......................................5/1950 - 7/1950 George Mayne ....................................................7/1950