On April 18, 2009 Remington Federal Credit Union had its annual meeting. We had 98 attendees at the meeting. James Conover, Don VanValkenburgh and Lee Slocum where re-elected as Board members. The Board than met and elected the following officers:

Diane Slocum, President
Dave Brewer, Vice President
Terry Slocum, Secretary
Lee Slocum, Treasurer

Your credit score is used in many areas to determine the rates you pay. Your insurance company will charge a higher rate if you have a low credit score. You will pay a higher rate on your loans and credit cards if your credit score drops. You may not even get the job you want if you have credit issues. How do you know what is on your credit report?

Your scores, along with an explanation of how the score was derived typically are online for a fee. You may want to call of check the web sites of the three major credit bureaus. Your score will vary among companies.

Credit Bureaus

Equifax	www.equifax.com	(800)-685-111
Experian	www.experian.com	(800)-397-3742
TransUnion	www.transunion.com	(800)-888-4213

Free credit reports are available at www.annualcreditreport.com (877) 322-8228 The free credit report will typically give you all of the information on your credit report but not your score.

Remington Federal Credit Union is proud to announce the initiation of on-line bill payment for members with checking accounts. Online bill pay allows you to schedule your bills and make payment on-line. Payments are sent to the vender either by electronic means or by check.

There is no cost for this service. If you are interested please call Steve Jones at 315-894-9924.

Graduate opens a Share Savings account with a deposit of $5.00 after graduation. They have until the end of July to take advantage of this offer. Must bring in their diploma to show proof of graduating. Membership fee of $5.00 will be waived.

Remington Federal Credit Union will than deposit $20.00 in their account which will have a hold put on it for six months from opening date. After the six month period the funds will be released to the member.

We would like to encourage all graduates to take advantage of this offer. They can see how easy it is to save for those wanted expenses or College costs.

Identity theft is on the rise. There are people out there trying to obtain information in many new ways. No person will ever call from the credit union to obtain private information. If you get a call like this please call the credit union. Never give out this information over the phone.

Recently there have been numerous sites that imitate legitimate sites like this web-site and ask you to provide information. Be careful who you give information to as these web sites will take the information provided to access your accounts. The credit union will not have any pop-ups that ask you for information. The only time you will see anything from the credit union is when you go to our web site.

For your protection we have purchased the rights to remingtonfcu.org, remingtonfcu.bus and remingtonfcu.gov. This will keep anyone from building a scam web-site and portraying themselves as the credit union.

Remington Federal Credit Union is in excellent financial shape. As a credit union our primary focus is not profitability, but the service to our members. We have made a concerted effort to offer the lowest possible rates on loans and the highest possible rates on deposits, without jeopardizing the strength of the credit union. The following are some of the key numbers as of December 31, 2008.

	2006	2007	2008
Total Assets	$25,442,044	$28,081,269	$33,111,659
Total Loans	$14,955,355	$15,860,581	$15,783,036
Total Deposits	$20,702,451	$23,038,320	$28,111,942
Total Income	$1,404,344	$1,628,701	$1,834,046
Dividend Expense	$344,494	$561,969	$647,067
Total Expense	$1,265,676	$1,486,503	$1,595,553
Net Income	$29,975	$142,197	$238,493