Enter at any of our branch locations to win a Zero Percent Vehicle Loan in celebration of our Main Branch Open House on January 30th! Click here for rules.

01.11.2013 Posted in: News

Win a Zero Percent Loan contest rules

All members in good standing, over 18 years old, and submitting one entry per social security number (not per account number, tax identification number, or trust account), are eligible for the grand prize.

Official family members e.g. Board of Directors, Supervisory Committee, employees and family members of the Board of Directors, Supervisory Committee, and employees are not eligible for the grand prize.

The drawing will be held on or shortly after the January 30, 2013 Open House at the American Southwest Credit Union Main Office.

You do not have to be present to win.

The winner must claim his or her prize within 15 business days from the Open House. American Southwest Credit Union will notify the winner by certified mail at the current address listed on its database. (All members are responsible for keeping their address current with American Southwest Credit Union.) Returned mail resulting from a bad address will result as a non-claimable event and a new winner will be immediately drawn. If the prize is not claimed, another name will be drawn. This process will repeat until all three prizes are properly claimed.

To claim your prize, the winner must simply provide proof of identification and membership.

The Supervisory Committee will oversee the drawing activity. Dual control procedures will be followed and a log will be maintained to record the committee’s oversight. A record of this activity will be made available to the public on request.

The monetary equivalent of the zero percent loan prizes cannot be redeemed for cash. For promotional purposes, the winner agrees to allow American Southwest Credit Union to use his or her name in press releases before, during, and after the zero percent loans are awarded. The release must be signed before the prize is claimed.

American Southwest Credit Union makes no presumption regarding any possible tax liability of the eventual winners.

Due to the fact that the award is loan related, some restrictions do apply: 1. Must be a member in good standing with ASCU 2. Must be 18 years old or older 3. Must be eligible to borrow following ASCU underwriting policies 4. The zero percent loan prizes are limited to new or pre-owned vehicles with terms not to exceed 84 months and not to exceed $30,000.

The prize recipients have the option of refinancing their existing loans financed at other financial institutions. They may also refinance an existing ASCU vehicle loan. Finally, they have the option to purchase a new or pre-owned vehicle through a dealership or private sale.

Recipients have 60 days to purchase their vehicle and complete their financing or refinance their loans from other financial institutions. The 60 day period begins when the prize is claimed. Failure to do so will cancel their zero percent prize.

American Southwest Credit Union is an equal opportunity lender.


Anytime Online Home Banking now has a new look for the new year!

12.10.2012 Posted in: News

Anytime Online Home Banking now has a new look for the new year!

At ASCU we're always striving to improve services for you. That's why we have redesigned your Anytime Online Home Banking homepage, which now offers a more efficient layout.

We're confident you're going to like our new Anytime Online Home Banking page, giving you more visibility to your accounts and control over your finances.

We added a new link under the ‘Home Banking’ tab labeled ‘My Dashboard’ alt. This link provides you the opportunity to create a customizable page of your most commonly used online banking functions. The page will already have sections displayed; you just need to add the contents and move the frames around to your preferences. To add contents in the frames, click the alt icon located in the upper right corner of the section’s title bar. If you would like to move the frames, you can do so by clicking the ‘Configure This Page’ link alt.

Below is an example of what the new dashboard will look like.



Holiday Skip-a-Payment Form

10.12.2012 Posted in: News
Our Holiday Skip-a-Payment form is now available in our recent Financial Facts newsletter. Please print the form on page 7 and return it to your local ASCU branch location no later than Dec. 10, 2012.

Main Office Gets Approval for Expansion

02.14.2012 Posted in: News

Main Office Gets Approval for Expansion

After an extensive feasibility study, our member-owners are going to benefit from a newly approved building extension in Sierra Vista. The existing lot that extended to the south of the main office will be fully developed by adding a two-story, 14,000 square foot building and additional parking. Both buildings will be joined together by a 2nd story bridge allowing drive through traffic to exit under the bridge between the two buildings.

The addition will serve as new loan, teller and member services operations as well as administrative offices on the second floor. The existing building will continue to house back office associates as well as mortgage and indirect auto lending. The new and old buildings have been designed as if they are one building, but the new building is specifically designed to take the heavier lobby traffic to help extend the life of the existing building – now 27 years old.

The decision to expand now came after several years of study on our growth and membership patterns as well as the significant growth the credit union has acquired in recent years. Nearly one third of our growth has occurred during the recession years. Credit unions in general have grown in popularity mostly due to stock market uncertainty and unfavorable bank press. “In 1982, when the board decided to purchase this lot that we’re on today, the credit union was a meager $18 million in total assets. It was quite a leap of faith then to build this wonderful building that we have benefitted from for the last 27 years,” reflects Brian Barkdull, CEO of American Southwest Credit Union. “It’s amazing that we’ve been able to stay here for so long with our tremendous growth.”

Timing was also critical. The Board of Directors and management felt that ASCU could greatly benefit from the economic downturn that caused lower building costs. “If we attempted to do this project 4 years ago, the building costs would have been significantly higher,” states ASCU Chairman Jay Raschke. “For the future success of our member-owners, this new addition is a tribute to their support and dedication over the last 57 years. They deserve the best.”

The project is scheduled for 7 months. A grand opening and ribbon-cutting event will be slated as soon as the project is completed. We look forward to the grand opening when we can service our members through this new addition.

P.S. For a summary of our 57-year history, click here.


Follow us on Facebook & Twitter

12.27.2011 Posted in: News

Follow us on Facebook & Twitter

As of November 16, 2011 we are live on Facebook and Twitter follow us and stay connected with your Credit Union!

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