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Interior FCU Newsletter Fall 2023

Bring Your Savings to Interior FCU for our Certificate Specials!

We want to hold your funds while you are racking up the savings! Our certificate rates are right up there with some of the big players. For a limited time, we’re offering a 3-month special for new money only. No tricks, only treats for a 5.22% annual percentage yield.

Our Flash Sale on an 18-month certificate is still going on! For the longer term, you can get a 5.38% annual percentage yield. Both certificate specials can be opened through digital banking and require bringing in money not already on deposit with Interior FCU. Cash in that other bank savings account, money market account, or investment account, and start treating yourself to an Interior FCU certificate!

New Wealth Management Provider

Reduce stress and feel confident in your financial decisions! Introducing our new Wealth Advisor, Mikael Hallstrom! Mikael has specialized in providing comprehensive financial advice to individuals, families, and small businesses for nearly two decades. Mikael is here to get you on the right path towards the future!

Join us on November 15, 2023, to learn from Mikael the kinds of wealth management services he can provide and how you, as a member of Interior FCU, can benefit from a free consultation!

Inactive Accounts

Being a member at Interior FCU comes with many benefits! We are here to help you during all steps of life and the circumstances that may arise. We have exceptional digital banking platforms and customer service. Don’t let your account go inactive! Make sure to make a withdrawal, deposit, or transfer at least 1 time every 18 months or simply give us a call at 800-914-8619 and let us know you want to keep your account active. If your account goes inactive, your account will be assessed a $5/month fee until the account reaches $0 and the system closes the account. Read our Blog to learn more!

Credit Cards

Looking for a Credit Card that fits your lifestyle and budget? Interior FCU Visa® Credit Cards come with or without rewards, giving you the option to choose what fits you best. Our Credit Cards are equipped with features like travel insurance and card management. We keep our members top of mind when creating products and services, check out the benefits of an Interior FCU Visa Credit Card!

International Credit Union Day

International Credit Union Day is coming up on October 19, 2023. The annual celebration aims to help more people become aware of credit unions and improve their financial well-being through accessible and affordable products and services. This year’s theme is “Celebrating 75 Years.” So, if you are in Washington, DC or Reston, VA come visit us in one of our branches as we commemorate the credit union movement with goodies for all who enter (while supplies last)!

Shared Branches

Have you ever wondered how you can access the convenience of in person banking if you were to move thousands of miles away from an Interior FCU branch? Look no further than a shared branch! A shared branch is a unique banking concept that allows credit union members like you to conduct transactions and access services at other credit union branches. It’s a network of branches available to you wherever you go!

Imagine being on vacation or visiting a different city for work, and suddenly needing to deposit a check, withdraw cash, or make a loan payment. With shared branches, you can do all that and more, just as if you were at an Interior Federal Credit Union branch. These shared branches are part of a cooperative effort among credit unions to provide convenient and accessible financial services to their members. We understand that life can be unpredictable, and your financial needs can arise at any time or place.

To find a shared branch near you, simply use the shared branch locator tool located the top right of our home page.

Beneficiaries & My Info

Update Your Personal Information Via My Info in Digital Banking

Update any personal information on the go without utilizing a desktop computer or needing to give us a call with our digital banking feature, My Info. It is important to keep your information up to date, especially for beneficiaries. Keeping your beneficiaries up to date provides simplicity and ease during life’s most difficult times. Have questions about beneficiaries? Check out our Beneficiaries FAQ!

2024 Board of Directors

There are 3 seats up for election and there are 3 candidates for the 3 seats. More information will be coming out in January 2024.

Karen Baker (incumbent)

Karen Baker has been a member of the Department of the Interior Federal Credit Union for over 30 years. She presently serves the IFCU Board as Chair of the Technology Committee, a member of the Human Resources Committee, and Asset Liability Management Committee. Karen is a retired federal employee, having spent her career with the Department of the Interior, retiring from the U.S. Geological Survey as the Associate Director for Administration where she provided leadership and management of programs that included finance and accounting; acquisitions and financial assistance; facilities and space management including real and personal property; and human capital. Karen volunteers in her community serving as Board Treasurer and Secretary of her homeowner's association, and serves on various committees with her church.

Jacqueline Lynch (incumbent)

Jacqueline (Jackie) has been a member of the Department of the Interior Federal Credit Union for over 25 years. 26 years ago, Jackie even worked in the Reston Credit Union Branch when it had the whopping staff of two – her and Judy Bear. That exposure led to the start of her fulfilling Government career with the Department of the Interior. Jackie is an honored employee of the U.S. Geological Survey, never far away from the Credit Union, even beginning her career in the USGS Imprest Fund. Most of her 25 years with DOI has been with USGS, but she also enjoyed two brief stints at DOI’s Office of Accounting Management and with the Office of the Assistant Secretary of Indian Affairs. She presently serves as the USGS Chief of the Financial Systems Branch in the USGS Office of Accounting and Financial Management and oversees the DOI Financial Business and Management System (FBMS) for USGS. Jackie is recognized as a respected financial leader within USGS and across DOI. Jackie earned her bachelor’s degree from the University of Virginia, has 4 wonderful grown children, and in her free time enjoys collecting passport stamps from as many National Parks as she can and from as many baseball stadiums as she can. Go Nats!

Peter Probst (incumbent)

Peter J. Probst has been a member of Interior FCU for 16 years and has served as a member of the Board of Directors since 2009. He currently Chairs the Asset Liability Management Committee which establishes loan and share rates. He is also a member of the Loan Policy Committee and the Technology Committee. Previously, he served on the Interior FCU Credit Committee from 2004-2009, and volunteered with the Technology Committee in 2007. Peter has an M.B.A. in Finance and a strong background in technology. At DOI, Peter has worked in a variety of budget and planning roles at both the Department and Bureau levels. Currently, Peter works as a Budget Execution Division Chief in the Office of Budget Management - Indian Affairs. Privately, Peter has also served on the Board of his homeowner's association as the Treasurer as well as with other local non-profits. Peter has additional experience having worked with another large federal credit union (NWFCU). His priorities for Interior FCU include:

  1. Helping members and non-members learn about and enjoy the benefits of Interior FCU membership.
  2. Maintaining the soundness of existing Credit Union policies.
  3. Expanding the financial services offered to Credit Union members while focusing on improving the quality of customer service.

Having been a member of a credit union for the last 28 years, Peter understands the value of Interior FCU services and the importance that the Credit Union plays in each member’s life.

Interested in Serving on the Credit Union's Board of Directors?

Seats on the Board are open to any member of Interior FCU who is in good standing with the Credit Union. Members who wish to be placed on the ballot must do so through a Nomination by Petition. The petition must be signed by 1% of the credit union membership (at least 219 members). A brief biography, completed Board Application, a statement of qualifications, and a signed statement pledging the nominee's willingness to serve if elected, must also accompany it. Nominations by petition must be received by 3:00 pm EST on December 2, 2023, and should be addressed to the Chairman of the Nominating Committee and mailed to our mailing address:

Make Paying Online or In Stores Easy with an Interior FCU Digital Wallet

Digital Wallets are mobile applications allowing customers to store credit and debit cards, loyalty cards and other payment information in a secure location. They can be used to transfer money, accept payments, make purchases in stores, pay bills online, and transfer money between accounts. It’s common to be concerned about housing your cards in a Digital Wallet. Digital Wallets have cutting edge technology providing a higher level of security during transactions through tokenization. Digital Wallets are easy, convenient and very secure!

It’s Never Too Early to Introduce Children to Financial Planning and Education

Teaching your child good financial habits is extremely important. Providing young people with solid financial education can help them avoid debt traps and money problems in their future. If you are ready to help your child or young adult begin their financial education, we have you covered. We are equipped with youth accounts for Kids, Teens, & Young Adults. Each account is equipped with age-appropriate products and services to help them along the way.

Digital Wallets Webinar

Last quarter we hosted a webinar on Digital Wallets. If you weren’t able to make the webinar, check out the recording to learn about the benefits and conveniences of a digital wallet!

Interior FCU Fall Community Involvement:

Credit Union Sponsors George and Helen Hartzog Awards

The Credit Union was the proud sponsor of a $1500 scholarship for the National Parks Foundation Annual George and Helen Hartzog Awards, which was held on Wednesday, August 23rd, in the Main Interior Building. Help us congratulate this year’s recipient, Emily Hewitt, Volunteer Coordinator for the C&O Canal.

Annual Meeting for Associations of Fish and Wildlife Agencies

We attended the Association of Fish and Wildlife Agencies 2023 Annual Meeting, supporting wildlife and land conservation. Our Business Development Officer enjoyed connecting with and learning about protecting our natural resources. It was a pleasure to interact with a few of our sponsoring bureaus U.S. Geological Survey (USGS), Bureau of Land Management, and U.S. Fish and Wildlife Service (USFWS).

USGS Fall Meet & Greet

Federally Insured by NCUA