Yes. Not only is payroll deduction available, it is
encouraged. This eliminates time-consuming trips to the
Credit Union office to deposit or make loan payments. You
must provide our routing number (243083305) and your
account number to your payroll department. Our office
staff can provide you with a form letter for your Human
Christmas Clubs: How do they work?
The Christmas Club in the AT&T Employees Pittsburgh,
PA Federal Credit Union can be either by payroll
deduction or handled over-the-counter.
They begin October 1st and end September 30th of the
following year. Checks are deposited to the members
share/sharedraft account on or about October 1st.
Christmas clubs earn the same dividend as regular shares.
Christmas clubs may be pledged as collateral for a loan
once through April 30th. Withdrawals from Christmas clubs
prior to maturity (September 30th) will incur a $25.00
early withdrawal fee.
You do not have to renew your Christmas club each year,
it will automatically renew itself. However, if you wish
to increase your Christmas savings amount, you need to
come into the Credit Union to sign a new payroll
deduction card, or inform the office by telephone if you
have enough currently being deducted by payroll deduction
and you just want to direct more of it toward your
Christmas club. Whatever changes you wish to make on your
Christmas club MUST be done by the middle of September
for the following year's club; that is, if you wish to
have a full year of the same savings going into the club.
If you are not able to join for the October 1st
deduction, and you want to have a Christmas club, you
have until February 1st to join the club.
clubs: How do they work?
The Credit Union's Special Savings club is a savings that
can be used for various special interests: vacations,
mortgage insurance, tuition, income taxes, automobile
insurance or a number of other reasons that you might
want to save for in a separate manner.
The Special club pays the same dividend as the Regular
Share Account. The club can run the term that the member
designates; however, there is a minimum of three (3)
months between withdrawals.
can I check the status of my account?
Statements are mailed out quarterly; however, if you have
any questions regarding your account, you may inquire at
our office. You may also call the audio response line to
credit union a part of the AT&T system?
No. It is not a part of, nor is it sponsored by the
Company, the Federal Government or the C.W.A. It is an
entirely separate organization of employees of the
company with its own officers, who operate it as an
independent enterprise. However, it has the full approval
and cooperation of the Company.
become a member?
Eligibility for membership in the AT&T Employees
Pittsburgh, PA Federal Credit Union is open to all active
and retired employees in the Pittsburgh PA area of AT&T, Bell Atlantic,
Comcast, Lucent Technologies, AVAYA, Verizon, Keystone
Closing Services, Amalgamated Transit Union, Local #1753, JEMPCO
and their operating companies. The purchase of one $5.00
share, which becomes part of your savings account, and
signing a membership application, are all that is
required for membership. Members of the immediate family
or household are also eligible for membership.
"Immediate family" is defined as a grandparent,
parent, spouse, sibling, child or grandchild. For
purposes of this definition, immediate family member
includes adopted children, stepparents, stepchildren and
stepsiblings. "Household" is defined as persons
living in the same residence and who maintain a single
economic unit. This includes any person who is a
permanent member of and participates in the maintenance
of the household, including family members, domestic
partners, foster children and legal guardian
relationships. While roommates in a single residence
would meet this definition, a fraternity, sorority or
nursing home is excluded from this definition.
conducts the business of the credit union?
The business is conducted by the following:
1. The Board of Directors, composed of the
President, First Vice President, Second Vice President,
Treasurer and Secretary. Their duties correspond roughly
to the duties of the directors of any other kind of
2. The Supervisory Committee, composed of three,
but not more than five members, supervises and audits the
affairs and records of the Credit Union.
3. The Office Staff, composed of two employees:
a manager and a customer service employee.
||Is there deposit
Yes, Each account not in the same name is insured up to
$250,000 by the National Credit Union Administration, an
agency of the United States government.
Retirement Accounts insured up to $250,000.
a joint owner account work? (court rules)
This is an account of two or more persons. The
first-named person is the primary owner, and, in case of
their death, the money passes to the other named
person(s). A joint share account permits the convenience
of having someone else who can deal wih the account.
However, since the joint share agreement is also a legal
contract between the Credit Union and the persons named
in the joint share agreement, it creates certain legal
rights and liabilities.
If either of the persons named in a joint share account
agreement should die, the money in the account then
belongs to the survivor and inheritance tax will be due
on one-half of the money in the account. It makes no
difference that the person who died did not contribute
any of the money to the account and was on the account
only for the convenience of the member. In cases of
husband and wife, rights of survivorship would apply,
therefore no inheritance tax would be due.
If the member does not want the other person on the
account to get the money upon the death of the member, or
have one-half of the money subjected to inheritance tax,
a joint account should NOT be used. Instead, the member
should maintain a single name account,and give a
power-of-attorney to the person who is to deal with the
account for the member's convenience.
Credit Union dividends to be reported on income tax
Yes. These dividends MUST be reported on your annual
income tax return to both the state and federal
governments. The member's earned dividends are shown at
the bottom of the quarterly statements that go out to the
members on a quarterly basis.
How do I
become a member?
Obtain a membership application from the Credit Union
Office by calling: (412) 227-7210, or writing to: 635
Grant Street, Pittsburgh, PA 15219, and making a share
deposit of a minimum of $5.00. All applications must be
approved by the Board of Directors.
Members rejoining for a second or third time must make an
intial deposit of $100.00. To be eligible to join a
second time, six months must have passed since you closed
your account. To be eligible to join a third time, one
year must have passed since the second time your account
continue my Credit Union membership if I leave my present
Yes. At AT&T Employees Pittsburgh, PA Federal Credit
Union, once you become a member and remain in good
standing, you are always a member. Even if you stop
working for the company, you may continue to belong to
the Credit Union for as long as your account remains
active at least every six months, and you maintain a
$100.00 minimum balance in your share account.
ONCE A MEMBER,
ALWAYS A MEMBER!
Federal Credit Union
635 Grant Street
Pittsburgh, PA 15219
Fax: (412) 227-7212