El Monte City Employees CU

Making Your Dreams Come True Since 1956!

The following is a message from the President of American Share Insurance:

Given the recent news of AIG’s problems, the announced bailout plan and the FDIC’s financial condition, we know your members and you may have questions. Please be advised that ASI has no business relationship with AIG, nor does it insure any of the types of risks that created the problems affecting AIG. A portion of AIG’s difficulties stems from insuring mortgage-backed securities. ASI doesn’t hold or insure any mortgage-backed securities!

Furthermore, ASI is proud of its strong equity position of 1.48% as compared to that being reported by the FDIC. It is important to remind your members that their accounts are safe and sound and insured up to $250,000 per account, not $100,000 per member. We are positioned to handle any inquiries, so please feel free to have your individual members or staff contact us at 1.800.521.6342 or via our website at www.americanshare.com with any questions.

Dennis Adams, President/CEO

American Share Insurance | Excess Share Insurance

www.americanshare.com | www.excessshare.com
5656 Frantz Road | Dublin, OH 43017

800.521.6342 ext: 101

Current Promotions

Free images of your checks online!

If you are enrolled in Home Banking you are able to view and print images of your paid checks. Electronic copies of your statements are also now available through Home Banking. Misplaced statements are no longer a problem. Sign up for Home Banking with e-statements today. Apply Now!

Real Estate Loans You Can Feel Secure About!

Home Equity Line of Credit (HELOC)

Variable rate as low as 4.75% *
Low closing costs
Tax-deductible interest **
No prepayment penalties
No cash advance or annual fees

Call the Credit Union at (626) 444-0501.

* Variable rates are subject to change during the loan term. Changes correspond to an increase or decrease in the most recently published "Prime Rate". The 4.75% rate is based on Prime Rate less .25% for automatic transfer and .25% for a FICO score of over 740 as of 3/15/08. Rate shown is lowest available; your rate may be higher. Contact EMCECU for specific costs. HELOCs are available on California owned-occupied residences only. All borrowers must meet lending requirements. Certain restrictions apply.

** Ask your tax advisor.

Locations and Hours

Main Office

City Hall/Purchasing Dept

11718 Ramona Blvd 11333 Valley Blvd, City Hall East

El Monte, CA 91732 El Monte, CA 91731-3293

Phone (626) 444-0501 Phone (626) 258-8815

Fax (626) 444-6961 Fax (626) 579-3157

Monday thru Friday Monday thru Thursday

     9:00 am to 5:00 pm
    9:00 am to 4:00 pm

Saturday 9 am to 12 pm
Friday - closed

Holiday Closings

Saturday, October 11 Columbus Day Holiday

Monday, October 13 Columbus Day Holiday

By members choice, El Monte City Employees Credit Union is privately insured by American Share Insurance up to $250,000 per account. This institution is not federally insured and if the institution fails, the Federal Government does not guarantee that depositors will get back their money. Accounts with this institution are not insured by any state government.

*Annual Percentage Yield