Through the decades, KRD has provided new services to our members

while keeping their hard-earned money secure.

Our focus is on the

Member and to offer affordable products and service to meet

their needs.

With your continued loyalty to the Credit

Union, you will continue

to receive higher returns on your shares and be eligible to borrow at

lower rates. We look forward to being your financial solution for the

next 70 years!

KRD was established in 1949 in a small office at the Bureau of Reclama-

tion in McCook. What started as co-workers pooling their money

together to lend to one another at lower rates has become a

full financial institu-tion with over 2,000 members.

Credit unions date back

to 1852 in Germany. America’s first credit union was founded in

1908. Today, KRD shares the not-for-profit cooperative philosophy

with more than 100 mil-

lion credit unions in the U.S. All operating on the principle of “people

helping people.”

“Grateful for the past,

preparing for the

future.”

70 Years In The Making

I N S I D E T H I S

I S S U E :

Scholarship 2

Parade 2

Angel Tree 2

Word

Search

3

Financial

Humor

3

Annual

Meeting

4

Stay

Connected

4

Share Rates

4

Credit Score

5

Staff and Volunteers

5

CREDIT UNION CHRONICLES 2 0 2 0 V O L U M E 1 , I S S U E 1 1

1949 Happenings • Time Magazine’s Man of the Year was Winston Churchill • NCAA Football Champion was Notre Dame • Lego has produced more than 500 billion bricks by 1949 • Minimum wage went from 40 to 75 cents on October 26 • The Diner’s Club issued their first credit card made of card board • Price of a gallon of gas was 22 cents • Candyland board game was introduced

P A G E 2

Angel Tree

Community Involvement

they carefully picked out to give

to complete strangers.

Without the help of KRD’s generous

members and com-munity that we live

in, these 56 chil-dren in these fami-lies wouldn't have had a Merry and

Bright Christmas.

“It isn’t how much we GIVE but how much

LOVE we put into giving.”

KRD joined Family Resource Center of McCook to provide Christmas gifts for 20 families from our area! Many

thanks to our mem-bers that “adopted” a family this sea-son. It was very heartwarming to see the incredible generosity from everyone as they

brought in the gifts

C R E D I T U N I O N C H R O N I C L E S

Scholarship Announcement

KRD is offering the

14th Annual Scholar-ship award this spring. To be eligible, the stu-dent must be a member of KRD, between the ages of 16 and 21 and pursuing a secondary

education for the 2020/2021 school

term.

Students must submit a 500 word typewritten

essay on “What do you hope to

find over the rainbow? ”

Two $500 scholarships will be awarded.

Essay cover letters are available on our web-site or at the office. Deadline is March

20th.

Good luck to all that submit essays and best wishes for a very suc-cessful future to all the

area graduates.

“If you want to

invest in

something with

minimum risk and a

guaranteed big

return, invest in

yourself.”

Staff and families enjoyed being a part of McCook Heritage Days Parade last fall. The theme went back to the original name “German Heritage Days.” The German people embrace the values of thriftiness, hard work, and indus-triousness. Credit Unions were founded on the same princi-pals as they were developed to promote thriftiness. Your hard work goes back to you through higher dividends and lower interest rates. We are proud to serve from the smallest members and up.

P A G E 3 V O L U M E 1 , I S S U E 1 1

Why can’t the car payment make any

friends?

Because they’re always “a loan”!

Financial Humor

WORD LIST

MONEY CREDIT REPORT

AUTO LOAN BUDGET

MEMBERS DEPENDABLE

SERVICE FAMILY

FINANCE VALUE

FRIENDLY RATES VALUE

CLUB ACCOUNTS HOMEBANKING

SHARES CONFIDENCE

SERVICE SECURE

MEMBERS

CREATED FROM FREEWOR DSEARCH.NET

I am one step away from being rich, all I need now is money.

The only exercise I've done this

month is running out of money.

I can’t even afford to be broke.

D R A T E S P X Q F P S U R Y

M E M B E R S C V I I C V E D

I C E C N E D I F N O C S G L

Y I P Y R B Z I K A T A E K O

E V G F A M I L Y N V U R V G

N R J L E E A A W C A T V U R

O E V W N M D Z I E L O I H C

M S T N U O C C A B U L C R O

O F R I E N D L Y G E O E M F

F V S E C U R E P Z G A D B F

C K P N P P N L J E H N G U R

K F A S H A R E S R H R G D V

X T B E L B A D N E P E D G D

P G N I K N A B E M O H Q E D

V U C R E D I T R E P O R T J

70th Annual Meeting

Where else can

you go for a meeting, get a

homemade meal with desserts and win cash prizes?

Just the KRD Annual

Meeting! Please join us

Monday, March 16th at 6:00 p.m. at the McCook Senior Center.

Tickets are avail-able at the office or give us a call.

P A G E 4

Stay Connected With Your Money KRD Federal Credit

Union has the tools

to manage your

accounts at any time

from any place!

With our Mobile

Banking you can

transfer money, pay

bills, and see account

activity, all from the

palm of your hand.

You can even get

alerts that help you

stay on top of your

accounts.

The convenient and

secure mobile app is

for IOS and Android

and features Bio-

metric Authorization.

Its easier than ever

now to view your

account balance, see

pending transactions,

view check images

and transfer money

between your accounts.

The Bill Pay feature is

Share Rates

Regular Shares APY* $50.00 & Over 0.15% Share Draft Account Minimum $100.00 Balance 0.05% Share Certificate Accounts 6 month 0.65% 12 month 0.95% 18 month 1.25% 24 month 1.30% 30 month 1.70% 48 month 1.60% * Annual Percentage Yield

Effective Date 1/1/2020 Good thru 03/31/2020

C R E D I T U N I O N C H R O N I C L E S

also now available on

the Mobile App.

At home, at work,

stuck in traffic? We're

there. At the market, at

the gym, on vacation?

We're there. At school,

at the soccer field, out

to dinner? We're there.

You are here, you are

there, you're every-

where, and KRD Fed-

eral Credit Union is

right there with you to

keep you connected

with your money. The

busier life gets, the

more you need a finan-

cial institution that is

easily accessible -

anytime, no matter

where you are.

Monday, March 16th,

6:00 pm McCook Senior Center

1400 W 5th St

Know Your Credit Score

P A G E 5 V O L U M E 1 , I S S U E 1 1

How much you earn and how much you spend are both im-portant numbers in your fi-nancial life. But there's anoth-er number with an impact on your financial security: your credit score. Your credit score is a three-digit number lenders use to decide if you qualify for loans and credit cards. The higher your score, the better your chance of getting the best rate avail-able. Insurance companies also may use credit scores in their risk/rate calculation, and landlords may use it to decide whether or not you will be a tenant who promptly pays the rent. Your credit score is based on a formula or algorithm that is used to predict how likely it is you will make your loan or credit card payment on time. There are numerous scoring

models, but a majority of them consider your payment history, how many credit cards you use, how long you've had accounts open, the types of accounts you

have and how often you ap-ply for new credit. If you have a low credit score, it will take time to raise it. Be wary of any cred-it-repair outfits promising a quick fix. Usually, about 70 percent of your score is based on whether you pay your bills on time, so that's a

Board of Directors

Sean Wolfe, Mark Carman, Cindy Dame, Dari Olson, LeaAnn Doak, Michael Jonasen

Supervisory Committee

LeaAnn Doak, Sue Chipman, Sean Wolfe, Joe Ryland

Safety Committee

Mark Carman, Debbie Jenkins, Sarah Renner

Staff

CEO/Manager Sarah Renner

ACH/Loan Officer Debbie Jenkins

Loan Officer/MSR Lisa Beideck

Compliance Officer/MSR Lynette Chmiel

Member Service Representative Hailee Koetter

Staff and Volunteers

Thanks to our staff for the outstanding job they have done and for the superb customer service to our Members! Also, thanks to all committee members for their time and commitment.

And many thanks to our Members for their loyalty.

good place to start. The mod-els also take into account how much credit you use, versus your credit limit. This credit utilization ratio rewards those with low balances. Resist the

urge to open new credit card accounts, no matter how good a deal it seems at the time. Unless you are paying fees, don't close the credit card account you've had the longest. It's also a good idea to check your credit report regularly. Your credit report is a sum-

mary of your credit history and any errors on it could be affecting your score. You are entitled to a free copy from the three major credit report-ing agencies every 12 months. Order online from annualcreditreport.com, the only authorized website for free credit reports.

1001 West B Street

PO Box 385

McCook, NE 69001

Call or Text: 308-345-7040

Fax: 308-345-7050

E-mail: krd@krd-fcu.org

Website: krd-fcu.org

KRD Federal Credit Union is a not-for-profit

financial cooperative owned by its members. Credit

Unions promote thrift, and income is passed along

to its members in the form of higher dividends on

savings accounts, lower interest on loans, or new

and improved services. KRD Federal Credit Union

was established in 1949. Our field of

membership is based on employee groups and

family members. Our credit union is

Federally chartered and federally insured to

$250,000.00 by the NCUA.

K.R.D. Federal Union Credit Union -

Grateful for the past - Preparing for

the future. Hours

Lobby: Monday - Friday 9:00 - 4:00

Drive Thru: Monday - Friday 8:00 - 5:00

Night Drop & ATM Available

Federal Credit Union

U.S. POSTAGE PAID STD

MCCOOK, NE PERMIT NO. 20 ZIP CODE 69001

KRD FEDERAL CREDIT UNION PO BOX 385 MCCOOK, NE 69001