eNewsletter October-December 2019

Best of the Best

Austin Telco is very honored to have been recognized as the “Best Credit Union in Austin” in the Austin American Statesman’s 2019 Best of the Best Choice Awards. A very special thanks to our members for making Austin Telco #1 in the Austin area.

Annual Meeting Notice | Board of Directors Nomination Process

On Wednesday, March 4, 2020, two credit union members will be elected to serve on the Austin Telco Board of Directors. The election process will be conducted in compliance with our Bylaws and Election Rules with the election taking place at the Shoal Creek Branch starting at 2pm.

A Nominating Committee, appointed by the Chairman of the Board, will select and present nominees to the membership. Members seeking consideration for nomination by the Nominating Committee must submit a resume and current photo as well as complete an “Application for Nomination to the Board of Directors” form by Wednesday, November 13th, 2019. If the number of nominees equals the number of positions to be filled, other members may seek nomination by petition. There will be no nominations from the floor at the Annual Meeting. Any member seeking nomination by petition must submit a “Nomination by Petition Packet” along with a resume and current photo by Friday, January 17th, 2020. Applications and “Nomination by Petition Packets” will be available during normal lobby hours on Monday thru Friday in the Administrative Office at the Shoal Creek Branch located at 8929 Shoal Creek Blvd., Austin, TX, 78757. All required documents noted above must be filed with the Nominating Committee by the specified deadline by delivering them to the Administrative Office in the Shoal Creek Branch, Monday thru Friday, 9 a.m.- 4 p.m.

In order to vote in an election of the Credit Union, an individual must be: 1) a member having qualified within the Credit Union’s defined field of membership as set forth in the Credit Union’s Bylaws and 2) must own a regular share account as a primary member with a balance equal to or in excess of the minimum balance requirements of the account classification. Joint owners of accounts are not eligible to vote unless they qualify as a member and have account in their own right. Members are not eligible to vote until having attained eighteen (18) years of age.

Names of members placed in nomination will be posted in all branch lobbies by Wednesday, January 29th, 2020.

VISA NFL Sweepstakes

Use your Austin Telco FCU Visa card for a chance to win a trip to go step on the field at Super Bowl LIV!

Use your Visa card between 9/1/19 - 11/15/19 and you'll be entered to win:

Two (2) tickets to Super Bowl LIV.

Pre-game coin toss experience.

A $1000 private shopping spree at the NFL Shop at Super Bowl LIV.

Air, hotel, and ground transportation in Miami, FL.


Click here for more details.

NO PURCHASE OR OBLIGATION NECESSARY TO ENTER OR WIN THE VISA 2019 NFL SWEEPSTAKES. Open to legal residents of the 50 U.S. & DC, 18 or older as of 9/1/19. Void in PR & where prohibited. PIN-based and ATM transactions are not eligible. Ends 11/15/19. For details, including non-purchase entries, go to

Love My Credit Union Rewards

There's never been a better time to switch to Sprint.

Cash rewards & more

  • Get up to $200 cash when you switch two lines, plus lines 3,4 and 5 are FREE
  • Plus, $100 Annual Loyalty Cash Rewards and 25% off accessories in Sprint retail stores

Nothing to lose & savings that add up

Austin Telco members can try Sprint's improved LTE service for 30 days worry-free. If you're not 100% satisfied, Sprint will refund phone costs, service costs and fees.

It's easy, here's how it works

  1. Switch to Sprint.
  2. Register your new line(s) at
  3. In six to eight weeks, your cash rewards will be deposited directly into your account.

Visit to learn more.

Cash Reward: Via deposit. $100 per line, max 2 lines. Req. qualifying plan and registration within 30 days of activation. Loyalty Reward: Via deposit per account. Basic: After 9/30/20 pay $60 a month for line 1, $40 a month for line 2 and $20 a month per line for lines 3 thru 5, with AutoPay. Offer/coverage not available everywhere. Requires new lines of service. Subject to credit & $30 activation fee. Excludes taxes, fees, and roaming. Speed maximums, use rules and restrictions apply. Unlimited Basic compared to Verizon Start Unlimited for 5 lines, features differ.

Austin Telco Retirement and Investment Services

Smart Financial Moves in Your 20s, 30s, 40s, & 50s

The right moves for every age.

Provided by Austin Telco Retirement & Investment Services

Have you ever mapped out your financial timeline? If you’re like many Americans, it may have been more difficult than anticipated. One of the most helpful ways to achieve your financial goals is to break it down by your age. After all, depending where you are on life’s journey, certain financial moves make more sense than others. Read on to learn more.

What might you want to do in your twenties? First and foremost, you should start saving for retirement – preferably using tax-advantaged retirement accounts that let you direct money into equities. Through equity investing, your money may grow and compound profoundly with time – and you have time on your side.

Aside from equity investment, you will want to try and build your savings. A good place to start is an emergency fund equal to six months of your salary. That may seem unnecessarily large, but it is worth pursuing, especially if you have loved ones depending on you. Accidents do happen, and you could suffer an illness or injury that might prevent you from earning income. About 25% of people will contend with such an episode during their working lives, and less than 5% of disabling illnesses and accidents are job related, so workers compensation insurance will not cover them.1

What moves make sense in your thirties? By now, you may have started a family or taken on other financial responsibilities. So, your spending has probably increased from the days when you were single. As you save and invest, remember also to play a little defense.

Many people in their thirties use this time to create a will and set up financial power of attorney in case something unforeseen happens. Another smart move is securing a solid life insurance policy. Depending on the policy that’s right for you, you may even be able to use your policy as an investment vehicle. As always, speak with a financial or insurance professional to make sure you have the coverage that's right for you.

What considerations emerge between 40 and 50? Try to maintain your retirement planning efforts in the face of financial stressors. You may have teens or preteens at home, and if you have not yet considered creating a college fund that can grow and compound over time, now is the right time. You should not dip into your retirement fund to pay for their college educations, no matter how onerous college loans may seem.

You may want to look into long-term care insurance. Buying it before age 50, when you are likely in good health, is a wise move, especially if you are interested in such coverage.

Between 50 and 60, you are in the “red zone” before retirement. If you can, accelerate your retirement savings through greater contribution levels or take advantage of the catch-up contributions allowed for many retirement accounts after age 50. If possible, think about an approximate retirement date. Aim to reduce your debt as much as possible by that time or earlier. Retiring with multiple, major debts can be stressful, to say the least. Lastly, check in with a financial professional to gauge how close you are to realizing your long-term financial objectives.

Douglas Mitchell

Douglas Mitchell
Financial Advisor

Alt: 512-733-5678

Joshua Lowy

Joshua Lowy
Financial Advisor

Cell: 941-705-1123

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Austin Telco Retirement & Investment Services Advisors are registered representatives of CUNA Brokerage Services, Inc. Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), memberFINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No financial institution guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America.


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Privacy Policy

At Austin Telco Federal Credit Union, we respect the privacy of our members. We recognize the importance of maintaining the confidentiality of your personal financial information. The privacy policy describes the practices followed by Austin Telco Federal Credit Union. The privacy policy explains what types of member information we collect and under what circumstances we may share it.

You can view our privacy policy online by clicking here.


Starting Monday, October 15th, Austin Telco’s Skip-A-Pay program can add some room to your holiday budget by allowing you to skip your loan payment(s) in the month of November or December.

There are several ways to set up Skip-A-Pay for your loan:

1. Online - go to and fill out the form

2. Complete the Skip-A-Pay coupon and mail or fax it to:

Austin Telco Federal Credit Union
8929 Shoal Creek Blvd., Austin, TX 78757
Fax: 512.302.3333

3. Submit the coupon in person at any of our branch locations.

The Skip-A-Pay coupon must be received before your payment is due. The following loans are excluded from this offer: Real Estate, Home Improvement, Home Equity, Term Loans, and Business Loans payments. Visa Skip-A-Pay coupons are due by October 31, 2019 to skip November 25, 2019 or November 29, 2019 to skip December 25, 2019. Please note that interest is still accrued when payments are skipped and the term is extended. Normal qualifying is required. Skip-A-Payment is only available for current loans made before July 1, 2019, with no extensions within the past 12 months. One payment that is due between November 15, 2019 and December 31, 2019 may be skipped. Maximum extension is 30 days.

Join us for Austin Telco's 2019 Member Appreciation Golf Tournament on Wednesday, October 23rd, at Flintrock Falls Golf Course at the Hills Country Club in Lakeway. The tournament will be a four-person scramble, beginning with a 12:00 P.M. shotgun start. A boxed lunch will be provided before play, fajita dinner and an awards presentation will be held afterwards with prizes to the top three teams, longest drive, closest to the pin, and many door prizes.

The entry fee of $75 per person includes your greens fee, range balls, boxed lunch before play, and dinner following the tournament. If you or your company are interested in sponsoring a hole, the fee is $500 and includes one player. Space is limited and on a first come, first served basis.

Click here to register.

New Lobby and Phone Hours

On September 16th, our lobby and phone hours changed to the following:

Monday - Friday 9:00 AM - 4:00 PM

Saturday* 9:00 AM - 1:00 PM

Drive-thru hours will remain the same.

*Click here to see a list of lobbies opened on Saturday.

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