March 2016

81st Annual Meeting at Best Western Conference Center81st Annual Meeting at Best Western Conference Center81st Annual Meeting at Best Western Conference Center81st Annual Meeting at Best Western Conference Center April 26 2016 at 6:00PMApril 26 2016 at 6:00PMApril 26 2016 at 6:00PMApril 26 2016 at 6:00PM (buffet supper at 6, meeting starts at 6:30)(buffet supper at 6, meeting starts at 6:30)(buffet supper at 6, meeting starts at 6:30)(buffet supper at 6, meeting starts at 6:30)

Join us Tuesday, April 26 at 6:00PM for the 81st MVFCU Annual Meeting held at the Best Western Conference Center in lower North Mankato. We’ll announce the Board of Director election results and the recipients of the ten $500 education scholarships. We’ll be going over the credit union’s strong financial position, current eco-nomic and business issues, and future goals. You will have the chance to win cash prize drawings, and givea-ways! This is also an opportunity for members to meet the people—employees and volunteers—who run your credit union. When members actively participate and share ideas, the entire credit union benefits. Call 387-3055 or visit our website to RSVP starting in April. This year the guest speaker topic will be: The Economy Today & Tomorrow.

We Need Your VoteWe Need Your VoteWe Need Your VoteWe Need Your Vote Ballot boxes will be open at either location from April 8th—April 26th .Candidate biographies will be made available during your voting process. Nominations for vacancies may also be made by petition, signed by 1% of the membership.

How Home Improvement Can Increase Your Home’s How Home Improvement Can Increase Your Home’s How Home Improvement Can Increase Your Home’s How Home Improvement Can Increase Your Home’s ValueValueValueValue

Certain renovations can pay back handsomely if you sell your home, while others add less to its value.

Some renovations that provide the biggest bang for the buck aren’t obvious. For instance, nearly 97% of the cost of a steel en-try door is recouped on average at resale, according to Remod-eling Magazine. Fancy garage doors also do well, adding about 83% of their cost to a home’s value.

Another winner: adding a bedroom in an attic, providing a val-ue boost equal to 84% of the cost. Finishing a basement brings a return of almost 78%.

Kitchens: Kitchens: Kitchens: Kitchens: When it comes to renovating your kitchen, less is often more. Replacing cabinet faces, the stove, countertops and the floor covering should return about 83% of the cost. That drops to 74% if you add an island, fancier cabinets and lighting. Going whole-hog with things such as stone counters returns about 64%.

Bathrooms: Bathrooms: Bathrooms: Bathrooms: If you replace the fixtures and add a tile floor, you’ll recoup about 73% of the cost if you sell. A bigger over-haul, including a separate shower and tub, may cost three times as much and return just 64%. Adding a bathroom pays back about 60%.

Exterior: Exterior: Exterior: Exterior: New siding can return about 78% with vinyl or 87% if you use a fiber-cement type. Replacing windows pays back about 79%. A wood deck returns an average 87% in added value, while a material such as composite boards costs more but adds less, 65% of its cost.

Financing: Financing: Financing: Financing: If you need cash to pay for a project, Minnesota Valley Federal Credit Union may be able to provide home eq-uity financing or a personal loan. Before long, you can be on your way to making improvements in your living space and boosting its value as well. Loan rates are still near historic lows!

Written by Minnesota Valley Federal Credit Union in conjunction with Roberta Pescow, NerdWallet.

Explore the Great Outdoors Talk to a loan officer today about a boat or a camper loan and prepare

for your summer adventure.

1640 Adams Street - 100 Memorial View Court - P.O. Box 4399 - Mankato, MN 56001

Lobby Hours - Monday-Friday: 9a-5p - Saturday (Uptown): 8a-12p

Drive-Up Hours - Monday-Thursday: 7:30a-5:30p - Friday: 7:30a-6p - Saturday: 8a-12p

Phone Numbers - Office: (507) 387-3055 - Toll Free: (800) 247-0522 - FAX: (507) 387-5235 ART: (507) 387-3088 - ART Toll Free: (877) 886-9100 - Lost/Stolen Card: (800) 234-5354

Email - loan@mnvalleyfcu.coop - msa@mnvalleyfcu.coop - info@mnvalleyfcu.coop Website: www.mnvalleyfcu.coop

Serving Counties of: BBBBlllluuuueeee EEEEaaaarrrrtttthhhh, NNNNiiiiccccoooolllllllleeeetttt, and LLLLeeee SSSSuuuueeeeuuuurrrr

Mission StatementMission StatementMission StatementMission Statement To exceed the expectations of our “member To exceed the expectations of our “member To exceed the expectations of our “member To exceed the expectations of our “member ---- owners” and become their most valued owners” and become their most valued owners” and become their most valued owners” and become their most valued and trusted financial institution, always in keeping with the cooperative principles.and trusted financial institution, always in keeping with the cooperative principles.and trusted financial institution, always in keeping with the cooperative principles.and trusted financial institution, always in keeping with the cooperative principles.

Tell Us What You Want.Tell Us What You Want.Tell Us What You Want.Tell Us What You Want. We Listen,We Listen,We Listen,We Listen,

Then Deliver.Then Deliver.Then Deliver.Then Deliver.

The next MVFCU The next MVFCU The next MVFCU The next MVFCU Member Shred Day isMember Shred Day isMember Shred Day isMember Shred Day is

Saturday, April 30thSaturday, April 30thSaturday, April 30thSaturday, April 30th From 9From 9From 9From 9----11am11am11am11am

at both the Adam’s Street & at both the Adam’s Street & at both the Adam’s Street & at both the Adam’s Street & Memorial View Court Locations!Memorial View Court Locations!Memorial View Court Locations!Memorial View Court Locations!

See the April newsletter for more information....

MVFCU participated in the MVFCU participated in the MVFCU participated in the MVFCU participated in the Polar Plunge to support the Polar Plunge to support the Polar Plunge to support the Polar Plunge to support the Special Olympics of MN for Special Olympics of MN for Special Olympics of MN for Special Olympics of MN for

the 4th year in a row! the 4th year in a row! the 4th year in a row! the 4th year in a row! MVFCU had 4 plungers jump into the freezing water at MVFCU had 4 plungers jump into the freezing water at MVFCU had 4 plungers jump into the freezing water at MVFCU had 4 plungers jump into the freezing water at

Hallett’s Pond in Hallett’s Pond in Hallett’s Pond in Hallett’s Pond in St. Peter in St. Peter in St. Peter in St. Peter in February.February.February.February.

Thank you Thank you Thank you Thank you plungers, and plungers, and plungers, and plungers, and thank you thank you thank you thank you

to all those who to all those who to all those who to all those who donated!donated!donated!donated!

Southern MN

2016 Home &

Builder’s Show Come visit MVFCU at the

Southern MN Home & Builder’s Show at the Verizon Wireless Center March 18-20, 2016.

Friday March 18th — 5:00pm-9:00pm Saturday March 19th — 10:00am-6:00pm Sunday March 20th — 12:00pm-5:00pm

See you there for give-aways and promotions!

Want to win the MVFCU Pot of Gold?Want to win the MVFCU Pot of Gold?Want to win the MVFCU Pot of Gold?Want to win the MVFCU Pot of Gold?

During the week of March 14th-17th, look for the leprechauns hiding on our website! If you find one, you can click to enter into our drawing to win a pot of gold!

Struggling to find a leprechaun? Check out MVFCU’s Facebook page for clues! There will be 4 leprechauns hidden and you can enter once per each leprechaun you find—that means you can have up to 4 chances to win! Good luck!

Don’t forget about Mobile Deposit with MVFCU!Don’t forget about Mobile Deposit with MVFCU!Don’t forget about Mobile Deposit with MVFCU!Don’t forget about Mobile Deposit with MVFCU! Unable to get in to deposit a check? No problem! With MVFCU’s Mobile Deposit you can deposit your check from anywhere with your cell phone!

Just log in to the MyMobile MVFCU app on your smartphone, swipe left or right until you get to your checking account, click on the camera button, take a picture of the front—then the back of your check and deposit your check with your phone! Make sure you write “For mobile deposit only”, your member Number, and the date on the back of the check. There is typically up to a four day hold on remotely deposited checks.

For more information about limits and hold times, and for other FAQ’s visit us online at www.mnvalleyfcu.coop/mobile-banking, or call 507-387-3055.

Refer New, Active Members!Refer New, Active Members!Refer New, Active Members!Refer New, Active Members!

Don’t forget that you can refer family, friends, co-workers, or anybody you know to MVFCU and we’ll give you each $25!

So if you know someone who is unhappy with their financial institution, send them to us and we’ll show them just how great banking can be, and you’ll both get paid!

Visit www.mnvalleyfcu.coop/specials, call 507-387-3055, email msa@mnvalleyfcu.coop, or stop in and talk to one of our MSAs for terms & eligibility requirements.