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Newspaper Archive of
Shelton Mason County Journal
Shelton, Washington
May 15, 1975     Shelton Mason County Journal
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May 15, 1975
 
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MAY 1975 VOL. 6 NO. 5 REFII: J I OIIT TD SE I, JE 913LI BETTEfi " ":I I.: I:~¸i ". : I:¸ . :./ " ' r--" " " 000 You have already demonstrated your concern for financial security through your membership in your Credit Union. It offers you a place to save, a place to borrow, a place to invest. And now there is even a greater benefit available to you through your Credit Union... selected insurance programs that will protect your savings and investment should you become sick or disabled and unable to work. Insurance protection that could mean the continuance of your income if you become disabled, or xtra cash to pay bills if you're hospitalized. Protect your savings, your investments and your peace of mind with a comprehensive program of health and life PLEASE MASON COUNTY Namo , .. i , , i,:i : i .... ....... ...... L• . ,,- State ... Occupation I card reproduce~ here may be I fllh~4 out, cll~ped an¢l marled to:• Continental Casualty Co. .-~ :. E. Schwartz. General A~nt I i'661Ea~ oliVe Way, Suite Five | Seattle, W~ 98102 insurance and financial security. Page S-8 - Shelton-Mason County Journal. Thursday, May 15, 1975 O The U.S. Treasury Department is currently engaged in a program to encourage Social Security recipients to choose a financial institution to which Social Security checks may be sent directly. Mason County Federal Credit Union is an authorized financial institution for this purpose. Following are some questions you may have about the program: Q. What is the Government's direct deposit-electronic funds transfer program? A. It is a new method for making (when authorized) recurring benefit payments by direct credit to accounts maintained by beneficiaries in -financial organizations. Q. What are the types of recurring payments included in the program? A. The law now permits the Government to make all recurring payments in this manner. However, at the present time, the initial implementation plan wilt provide for payments authorized by the Social Security Administration. Q. What does implementation mean for social security recipients? A. It means that (1) beneficiaries will receive information enclosed with their monthly checks advising them about the program and (2) the newly designed form (SF 1199) will be available to them for entering the program. Must all social security recipients participate in the program? A. No. Participation in the program is optional. 7025 Q. When wilt this program be available to social secu rity reci pien ts? A. August, 1975. For further information on Electronic Funds Transfer, contact Bern at your credit union. • All residents of Mason County eligible for membership The Compass is an official publication of Mason County Federal Credit Union, 521 Railroad, Shelton, Washington 98584, 426-1601. Ron Sanford, Mgr. Bernadine Duffey, Off. Mgr. Gus Hoag, Asst. Mgr. Maryanne Ervin, Editor Track Record Total Number of Members ....... 5,681 Total Shares ........... $7,961,106.00 Total Loans ........... $9,057,134,41 Total Assets .......... $10,26.5,602.45 Table of Contents Manager's Message .................... Page 2 Classified Ads ....................... Page 3 Scholarship Announcements ............ Page 3 People Make the Difference ............. Page 5 Consumer Corner .................... Page 6 Community Calendar .................. Page 6 The acceptance of advertising in the "Compass" does not constitute credit union endorsement of the product. Thursday, May 15, 1975 - Shelton-Mason County Journal - Page S-]