The Credit Union follows EPB's holiday schedule, so we will be closed Monday, December 24th in addition to Tuesday, December 25th. However, there will be one process that we will run - ACH. If you are expecting an electronic credit or debit (usually something repetitive about the same time of month), we will be processing our ACH files around mid-morning on Monday. Therefore, your account balances/history may be affected by any such transaction(s). We will post the share draft file for Monday on Wednesday morning.

To make up for being closed Monday, our Downtown (EPB Building) office will be open Wednesday, December 26th with normal hours (9:30 AM - 12:30 PM and 1:30 PM - 3:30 PM).

EPBECU - 12/21/2007

We have been successful in converting our debit card processing system from batch to real-time. From now on, whenever you use your Visa Debit Card to transact business, the debit request will be sent directly to our computer system for immediate posting to your account. No longer should you have to wait or be concerned about whether or not a file update has been sent. If you make a deposit or transfer money, it should now be immediately available for debit card access. We hope that you will find this new process a big improvement over our old batch method. Please click here for more information on this and other real-time changes and any exceptions.

EPBECU - 12/19/2007

We have set the actual target time of 5 PM, Tuesday, December 18, 2007 as the cutover from batch to on-line processing for our Visa debit cards. There may be a short interruption of card service around that time while we finish upgrading the computer system.

EPBECU - 12/14/2007

We are still testing the upgrade to our Visa Debit Card transaction processing. It is taking a bit longer than anticipated, however, we hope to have it up and running Monday or Tuesday, December 17-18. Once it is running, debit card transactions will be posted directly to your draft account in "real time mode." Currently, we are "batch" processing which causes some delay in posting to your account. But, we are at least heading in the right direction!

EPBECU - 12/10/2007

Our certificate of deposit rates will be lowered effective December 1, 2007. We have not made an adjustment to our CD rates since November 15th of last year. The Federal Reserve has lowered rates twice since then for a total of 0.75%. The downward adjustment will affect both new and rollover certificates. Existing, non-matured certificates will continue to earn their current rates.

Overall, the adjustment will be between 0.20% and 0.25% depending on the term.

EPBECU - 11/29/2007

As of November 6th, the hardware is in place for on-line HFS transactions. Our new "box" is a VPN hookup which will enable secure transactions from your personal computer to your account(s) at the Credit Union. We learned today that our core system needs an upgrade prior to bringing HFS online. This will be done Monday, November 12th and, sometime during the day Tuesday the 13th, HFS will go online.

We hope to have real-time debit card transactions up and running around the first week of December. Again, new hardware and procedure changes are necessary to make this work. But, things are going nicely in the right direction!

EPBECU - 11/08/2007

The Fed's decision on September 18th to "help" the economy by lowering the discount rate 1/2 of 1% may slowly filter down into both the deposit and loan services of most local credit unions and banks. EPB Employees Credit Union is currently evaluating rates for both deposits and loans.

We had already scheduled a 1/2% increase in the mortgage loan rates to go into effect October 1st. This decision was based on the fact that we have too many fixed-rate long term mortgage loans on our books and we need to "slow the flow" a bit by raising the rates on new 8, 15 and 30-year mortgage loans. Applications taken through September 28 will be at the old, lower rate. However, at this time, we still plan to go through with the rate increase on those type loans only beginning October 1, 2007. We will also discontinue our 9-Month Special Certificate effective September 30, 2007.

The Fed will meet again October 30-31. There is continued speculation that the Fed may lower the discount rate another 1/4% and follow this with still another 1/4% at their December 16th meeting. At this time, we are considering keeping both the deposit and loan rates unchanged perhaps, at least, until our October 24th Board meeting. Please note that we may be adjusting our rates on both deposits and loans at any time without much advance notice due to changing market conditions.

EPBECU - 9/25/2007

Coming the first weekend in August, each of the three states in our Tri-state area is offering state sales tax exemption on certain items, usually back-to-school related. Check out the below information as each state differs in what is and is not exempt. (Note that Georgia starts her holiday on Thursday, August 2nd.)

EPBECU - 7/18/2007

Use your computer to order money saving discount tickets to Rock City, Ruby Falls and Incline Railway. By special arrangement, your Credit Union is able to pass along the best discount prices for combination tickets to all three major attractions on Lookout Mountain. Check it out the next time you would like to "see Chattanooga first."

For discount ticket information, check here:    DISCOUNT TICKETS

EPBECU - 6/07/2007

Our allotment of Riverbend pins is now gone! We will NOT be receiving any more this year. So, for those who purchased pins, we hope that you will enjoy this year's events. While supplies last, we have the printed brochures for those who purchased pins.

For event information, check here:    R I V E R B E N D   2007

EPBECU - 5/18/2007

Chattanooga's world famous Riverbend Festival starts Friday, June 8 and runs through Saturday, June 16, 2007. Courtesy of EPB, we will offer pins at the discount price of $23 beginning April 23 while supplies last. Pins can be purchased at both Credit Union offices. Advance pin sales at local retailers are $28 each and available April 23 - June 7th. Sales at the gate will be $37 each beginning June 8. Pins are for EPB workers and their families and EPB Employees Credit Union members.

EPBECU - 4/16/2007

Thanks to some very nice work from the folks at EPB, we now have a new look for our downtown branch office. Our name is very visible to all visitors to the second floor; and, all our Credit Union news can be read within the beautiful display case. Please come by and see for yourself - we're very proud of our new look.

Or, if you don't have the time, you can click here for a quick look!

EPBECU - 02/12/2007

COME ONE...COME ALL...
to the 52nd Annual Meeting of the Members of EPB Employees Credit Union.

Tickets for this year's Annual Membership Meeting will go on sale on or slightly before February 1st. The prices are the same as last year's - $5 for member tickets and $15 for non-member tickets.

The location is the same: the First Baptist Church of Chattanooga. We are planning to have good food, fellowship, door prizes in addition to elections. Please make plans now to attend.

The Nominating Committee has officially nominated the following individuals for election to the Credit Union's Board of Directors at this meeting: Mark Fletcher and Glenn Kennedy. Both are currently members of the Board and they have agreed to serve 3-year terms each if elected.

EPBECU - 01/03/2007

The Credit Union follows EPB's holiday schedule. So, this Christmas, both offices of the Credit Union will be closed Friday, December 22 and Monday, December 25. Since the downtown branch is only open on Mondays and Fridays, and the holiday closings will cause it to be closed half its normal time, we will open the branch on Thursday, December 21 and again on Tuesday, December 26. If this is a bit confusing, maybe the chart below will help:

Beginning as an option on December 5th, but mandatory starting December 28th, new security procedures will be in effect to enter into your account via a personal computer. Each member must follow the instructions to enroll properly as the Credit Union cannot assist in this portion of the set up phase. Please keep in mind that these new procedures are required by government law in an attempt to curtail losses due to Internet fraud.

For more information, please check here: HFS Security.

EPBECU - 12/05/2006

We are making available tickets to the area movie theaters; and discount vouchers to the Biltmore Estate. Movie tickets are the actual tickets good for the Carmike, Rave and Regal theaters anywhere; and the Biltmore discount vouchers must be used to purchase actual tickets at the estate.

For movie shows and times, please check our Cinema Tickets webpage; and for Biltmore Estate information, please check our Discount Vouchers web page.

EPBECU - 12/01/2006

You are special, and your money is special. We now have a special share certificate for special people. Take advantage of our special rate for a special term of 11 months. For a special minimum balance of at least $10,000, we have a special rate of 5.10% (annual yield of 5.20%), but for a special limited time only. Do something special for yourself, take advantage of this special certificate.

We've been waiting for everyone to move in and get settled in the new downtown EPB Building before we marked our own move to the new location. So, on Friday, November 3rd, you're invited to a drop-in during our normal hours (9:30AM-12:30PM and 1:30PM-3:30PM). Come by the 2nd Floor and say "hello." We'll have something special to hand out, as long as supplies last. See you then!

We moved our cash dispensing machine from the basement of the old EPB Building to the 2nd Floor of the new EPB Building. It is right beside our new branch office and the entrance to Human Resources as seen in this photo. If you have a Visa or Cirrus network debit card, cash can be obtained in $20 increments. If you need a debit card, please let us know. We will be happy to help.

EPBECU - 10/13/2006

Debbie Kay hands Todd Edwards a receipt representing the "first" transaction at the new branch location (Thursday, October 12th). We had put him to work earlier installing a computer, so he was in the right place at the right time!

So, come by and say "hello." We're here on Mondays and Fridays!

We completed the bulk of our branch move Tuesday, October 10th. Everything should be ready for normal operation to resume in the new EPB building Friday morning, October 13th. Our cash dispensing machine was moved also, and it is ready for use now. The new building will be open to the public Monday, October 23rd. Please come by and visit us soon.

EPBECU - 10/11/2006

Our meeting was attended by 270 members and guests. Elected to the board were: Esterrell Evans, Monica Middlebrooks and John Noll, each for a three-year term. Forty-two cash door prizes were awarded to those present.

This was our second consecutive year that food was furnished by Catering by Alan of East Ridge.

We thank each and every person who made this event possible. We hope that you will plan to attend next year's meeting. And, if you didn't win a door prize - well, there's always next year. Congratulations to those who did win!

For more information, including photos taken during the meeting, visit here: 51st Annual Meeting.

EPBECU - 3/17/2006

Tickets for this year's Annual Membership Meeting are now on sale. The prices are the same as last year's - $5 for member tickets and $15 for non-member tickets.

The Nominating Committee has "unofficially" nominated (subject to the final written report) the following individuals for election to the Credit Union's Board of Directors at the next Credit Union Annual Membership Meeting. They are: Esterrell Evans, Monica Middlebrooks, and John Noll. All three are currently members of the Board and have agreed to serve 3-year terms each if elected.

The next Credit Union Annual Membership Meeting will be held Friday, March 3, 2006 at the First Baptist Church of Chattanooga. The dinner will begin at 6:30 P.M. The business meeting will begin shortly after the meal.

A change will soon occur in the website address for HFS (account access via the Internet). If you have saved the HFS link as a favorite, you will need to reset it to the new link address. Please use the tab on top of our home page or the one shown below for the correct address:

https://www.cusa-hfs.com/hfs/svc/epbecu/

The old link of https://web1.cusa-hfs.com/hfs/svc/epbecu/ will be discontinued in the near future. Our web site host has not yet set the date to end the "redirect" that currently allows both addresses to work. But, once the redirect ends, the old web1 address will not work.

EPBECU - 7/14/2005

We have raised our Share Certificate Rates a whole bunch! Check us out at: Current Certificate Rates.

Our vehicle secured loans, for both new and used vehicles, now include a mileage factor that will be of benefit to borrowers. If you are purchasing a previously owned, late model vehicle that has less than 15,000 miles, we will offer you the same interest rate that we offer on a new vehicle. The new vehicle rate is lower, plus, we can offer a 6-year term.

Check us out at: New Vehicle Loans and Used Vehicle Loans.

Chattanooga's world famous Riverbend Festival starts Friday, June 10 and runs through Saturday, June 18, 2005. Courtesy of EPB, we will offer pins at the discount price of $20 beginning May 4 while supplies last. Pins can be purchased at both Credit Union offices. Pin sales at Favorite Markets are $26 each; and, sales at the gate will be $35 each. Pins are for EPB and EPB Employees Credit Union workers and their families.

For a schedule of events and general information, visit the Riverbend website by clicking on their logo below:

Effective April 1, 2005, credit life insurance coverage is available per member/per loan upon the member's request. This coverage is a "member pay" coverage and is available only on outstanding loans.

Coverage costs are: Single-life, 8 cents per $100 loan amount; joint-life, 12.5 cents per $100 loan amount. Coverage is limited to $50,000, and can cover a borrower that has not reached age 70.

Our meeting was attended by 250 members and 12 guests. Elected to the board were: Lamar Threat for a three-year term, Sandee Bingham for a three-year term and Quinton Mathews for a one-year remaining term. One hundred $50 door prizes were awarded to those present.

Food was furnished by Catering by Alan of East Ridge.

We thank each and every person who made this event possible. Hopefully, everyone enjoyed the good food and fellowship. And to those who won a door prize - congratulations!

We have a few photos taken by Nathan Middlebrooks on display at: 2005 Annual Meeting.

EPBECU - 3/07/2005

We replaced our old terminals and the main computer system on February 2nd. After a few moments of wondering if we would ever be up and running again, we are pleased to announce that we are back on track and have resumed regular operations. Thank you for your patience and understanding. Hopefully things will stay on track while we learn new procedures and system features.

EPBECU - 2/09/2005

The Credit Union's Annual Membership Meeting will be held Friday, March 4, 2005 at the First Baptist Church of Chattanooga. The dinner will begin at 6:30 P.M. The business meeting will begin shortly after the meal.

The Credit Union will be closed all day Wednesday, February 2, 2005 to allow the installers to setup our new computer system and to train our staff. The upgrade will include new hardware with the lastest version of our current software.

Many years ago, we started the LP/LS Insurance program to encourage deposits and to promote business. This life insurance pays upon a member's death, up to $25,000 on any loans outstanding (LP) and up to a maximum of from $2,500 to $4,000, depending on date of birth and the balance in the primary share account (LS).

The Credit Union just recently upgraded its telephone service to EPB Telecom's fiber network. This upgrade included changes in telephone, Internet service provider and web hosting services. The Credit Union was very pleased with the quick, seemless and professional changeover. We are also pleased to say that we are 100% EPB - all electric, all telephone, and all Internet!

Since mid-April, we have been testing (actually getting use too) our new Cash Dispensing Machine (CDM) located in the lobby of our downtown branch office. The machine is working great! You are invited to use it anytime the EPB building is open.

The CDM dispenses cash in $20 bills only. Deposits cannot be made. Visa and Cirrus cards are acceptable, whether or not they are issued by EPB Employees Credit Union.