The Census

Based on recent news report, less than 50% of the American public has responded to the Census.  For those who have not responded, census workers will being going door to door from the end of April through July 10, 2010 in an attempt to gather the information needed for the census.

Be aware of the fact that crooks also know that the census workers will be out and about in neighborhoods.  They will also be trying to collect information, but they will be asking questions that are not included in the Census Questionnaire in an attempt to steal your identity.  Be very careful about revealing personal information to unknown individuals.

Some of the questions the crooks will be asking are:

1. Can I verify your Social Security Number—they do not need it
2. We need your credit union/bank account number—NO, they do not
3. You can fill out the census or respond to this email address or to this website—the Census is not taken via email or websites
4. Of course I am a Census worker—they have an official badge.  Ask to see it
5. In cooperation with the Census, can you make a donation to a local charity?—Census workers DO NOT collect money for anything

If you have already encountered any of the scams, or if you do, please report it to the Census Bureau in your area immediately.  If you receive an email from anyone that looks like the Census Bureau do not open the email.  Forward it to ITSO.Fraud.Reporting@census.gov then delete the email.

AUDIO VOICE RESPONSE

LANDMARK CREDIT UNION HAS UPGRADED YOUR AUDIO VOICE RESPONSE SYSTEM TO A NEWER VERSION.  THE FEATURES ARE THE SAME BUT THE PHONE NUMBER HAD TO BE  CHANGED.  PLEASE DIAL 1-800-544-0937.  PLEASE MAKE A NOTE OF THIS NEW NUMBER AS THE OLD SYSTEM WILL NO LONGER FUNCTION AS OF MARCH 1, 2010.  THANK YOU FOR YOUR CONTINUED SUPPORT.  AGAIN THE NEW NUMBER IS 1-800-544-0937. 

IF YOU DO NOT CURRENTLY USE THIS FEATURE AND WOULD LIKE TO PLEASE CALL 205-783-9100 AND ASK TO BE ENROLLED. YOU MAY CHECK YOUR BALANCES, ITEMS THAT HAVE CLEARED YOUR ACCOUNT AND MAKE LOAN PAYMENTS AND TRANSFERS USING THIS SYSTEM.  THERE IS A FEE OF $10.00 PER YEAR FOR USAGE.

AMERICAN SHARE INSURANCE

Your Insured Funds

q       ASI insures each and every account of an individual member to $250,000 without limitation as to the number or nature of the accounts held.  (See example of coverage below).

q       No credit union member has ever lost money in any ASI-insured credit union.

q       ASI is owned by credit unions and only insures credit unions. Currently, over 1.5 million individual consumers belong to credit unions insured by ASI.

q       Like the credit unions it insures, ASI is safe and sound. The company’s equity ratio of 1.49% is greater than that reported by federal deposit insurance funds.

q       ASI does not hold any collatarized mortgage obligations (CMOs) or any of the types of exotic investments that created the need for the $700 billion bailout of AIG, Goldman Sachs and other investment firms currently under consideration by the US Congress, nor does it insure or guarantee the performance of such securities to any parties. 

q       ASI’s balance sheet exhibits solid characteristics with 25% invested in cash and cash equivalents, 70% in U.S. government-guaranteed agency bonds and US Treasuries, and 5% in other assets (certificates of deposit, accounts receivable, building and other fixed assets).

q       ASI’s insured credit unions generally have little or no investments in CMOs, nor do credit unions buy the types of exotic investments associated with the recent and well-publicized failures of some of the nation’s largest investment firms, banks and thrifts. 

q       ASI’s insured credit unions hold little or no sub-prime mortgages, as confirmed by our numerous on-site field examinations.

q       ASI is not assigned a traditional insurance industry rating by companies like A.M. Best or Standard and Poor’s due to the limited number of companies in our industry. Financial data and other information are supplied to the key rating services annually for their review and analysis. 

q       ASI is selective as to who it insures. Not all credit unions that apply for coverage are accepted due to ASI’s strict underwriting standards.

q       The ASI insurance fund provides your credit union with a strong, high-quality program that can sustain regardless of changes in economic conditions - a program that members can trust and rely upon!

Landmark Credit

Primary & Excess Deposit Insurance

ASI & ESI

Landmark Credit Union is pleased to provide each of your depository accounts with $250,000 of protection through American Share Insurance (ASI), the nation’s largest private insurer of credit union savings. 

Also the Board of Director’s of Landmark has chosen to acquire additional coverage from Excess Share Insurance Corporation (ESI) for account balances exceeding $250,000.  This extended level of protection provides an additional $250,000, meaning that each reported account in this credit union is protected up to $500,000… the highest limit of savings protection available to credit union members.

$250,000 Additional Coverage

There is no limit to the number of accounts you may have with Landmark and still maintain this extra measure of protection.  Excess coverage is specifically designed to free you from concern about the nature and extent of insurance on your savings account balances.

About ASI-ESI

ASI is a credit union-owned, mutual share guaranty corporation and has insured savings of credit union members since 1974.  ASI is the largest non-federal insurer of deposits.

ASI operates as a business partner with your credit union to assure that member needs are met in a safe and sound manner.  It routinely monitors and examines your credit union and, as a licensed share guaranty corporation, is subject to an annual statutory examination by the Ohio Division of Financial Institutions.

ASI’s primary share insurance program is available only to state-chartered credit unions, whereas both federally and state-chartered credit unions may apply for excess share insurance.

Excess Share Insurance Corporation is a property and casualty insurance company solely owned by American Share Insurance, licensed by the Ohio Department of Insurance, and is approved to operate in Alabama by the department of insurance.

Excess coverage is particularly unique to the credit union industry.  Only credit unions meeting the highest standards are eligible for this extended protection.  This insurance can be terminated by either the credit union or by ESI; however, you must be notified in writing of any change in the insured status of your accounts.

More Information

If you are uncertain about either the nature or the amount of your savings insurance protection, please contact us.  You are also welcome to contact either ASI or ESI directly.

5656 Frantz Road, Dublin, Ohio 43017

614.764.1900 Fax 614.764.1493

800.521.6342

www.americanshare.com

www.excessshare.com

mail@americanshare.com

American Share Insurance is

not a federal or state government agency.

Members’ accounts are not insured or guaranteed by any

 government or government sponsored agency.

This institution is not federally insured.

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