9/29/2008
Information & Resources about Federal Deposit Insurance from the Ohio Credit Union League
July 30, 2008
Mount Vernon man wins $5000 in Savings Sweepstakes
 The sixth winner of $5000 in the Savings Sweepstakes presented by CES Credit Union is Tim Strobert of Mount Vernon, Ohio. He was announced as the winner of the random drawing held in early July.
The “Wealth Builder” Savings Sweepstakes is an innovative program to entice savings among credit union members and the community as a whole. Entry into the sweepstakes starts with every dollar on deposit in a CES Credit Union Base Savings Account counting as an entry into a monthly sweepstakes drawing. One random winner is awarded $5000 at month-end. CES Credit Union plans to continue the sweepstakes monthly through the end of 2008 and possibly longer.
Strobert lives near Mount Vernon, and has been a member of the credit union for several years. He said the sweepstakes winning was a surprise, and looked forward to telling his wife.
Sandy Coffing, Vice President of Operations, said the sweepstakes has been incredible fun for the staff and members, and “was almost life-changing for some of the winners.” She said the interest in the sweepstakes has encouraged some members to become more diligent of saving money “so the goal of the sweepstakes is being realized for some.”
There is no purchase required for the sweepstakes, and the details are available on the credit union’s website at www.cescu.com.
CES Credit Union has assets of over $112 million and operates as a not-for-profit cooperative serving all who live, work, worship or attend school in Knox, Delaware, Licking, Ashland and Richland counties in Ohio. CES has credit union centers in Delaware, Mount Vernon and Utica and will open a new location in Loudonville within a few weeks. Members’ funds are federally insured to at least $100,000 by the NCUA, a federal government agency.
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BOLIVIAN CREDIT UNION EXECUTIVES VISIT CES CREDIT UNION (July 30, 2008)
Six executives from the credit union industry in the South American country of Bolivia were in Mount Vernon Wednesday visiting the CES Credit Union center on Yauger Road. The visit was coordinated by the World Council of Credit Unions (WOCCU) for the fact-finding delegation to study and examine best  practices of credit union administration and the role of government regulation on financial institutions.
The Bolivian executives are all government and trade industry executives of the Federación Nacional de Cooperativas de Ahorro y Crédito de Bolivia, Bolivia’s credit union trade association, charged with strengthening and modernizing credit union operations. Bolivia is one of Latin America’s poorest countries where much of the population has no access to financial services. The delegation hopes to address the technological and operational challenges for credit unions and dealing with regulatory roadblocks.
Travelling with Thom Belekevich of the WOCCU are Rolando Salazar, Project Director of WOCCU-Bolivia; Antonio Helmut Kierig Von Borries, Executive Secretary of UNIVIV – Union of Bolivian Savings and Loan Financial Entities; Reynaldo Adan Marconi Ojeda, General Manager of FINRURAL – Association of Financial Institutions for Rural Development; Humberto Marcelo Montero Nunez Del Prado, Executive Secretary of ASOBAN – Bolivian Association of Private Banks; Manuel Fernando Prado Guachalla, Executive Secretary of ASOFIN – Association of Financial Entities Specialized in Micro Finance; and Jose Vittorio Valdez Rocha, President of ATC – Technical Association of Bolivian Credit Unions. This was the final stop of a four day trip to the United States. An interpreter helped with communication between the parties.
Thom Collier, State Representative for the 90th House District, addressed the Bolivian executives on his experience as a state legislator now in his fifth term. Collier is a member of the Labor and Commerce Committee and Chair of the Economic Development and Environment Committee in the statehouse, and related how state and federal regulatory requirements add stability to the finance industry and credit unions in particular.
Kelly Schermerhorn, CEO of CES Credit Union, has some familiarity with the Bolivian credit union industry. In 2003 Schermerhorn traveled to Bolivia as part of a World Council of Credit Unions delegation to evaluate software and IT options for a shared branching network for the country’s credit unions. That project helped establish a shared branching system in Bolivia much like the system here in the United States where cooperating credit unions process routine transactions for other credit union members.
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June 20, 2008
Utica woman wins $5000 in Savings CES Credit Union Sweepstakes
A Utica woman was named the fifth $5000 winner in the Wealth Builder Savings Sweepstakes presented by CES Credit Union. Betty Hall (left) was announced as the end-of May winner by Kathy Robinson, manager of the Utica Credit Union Center.
The “Wealth Builder” Savings Sweepstakes is an innovative program to entice savings among credit union members and the community as a whole. Entry into the sweepstakes starts with every dollar on deposit in a CES Credit Union Base Savings Account counting as an entry into a monthly sweepstakes drawing. One random winner is awarded $5000 at month-end. CES Credit Union plans to continue the sweepstakes monthly through the end of 2008 and possibly longer. Ms. Hall’s name was drawn as the winner by an independent auditing firm administering the sweepstakes.
Ms. Hall has maintained her account with CES Credit Union for several years. She is a homemaker and enjoys camping. She plans to put much of the money back into her savings account.
Kelly Schermerhorn, CEO of CES Credit Union, said the sweepstakes is one of the first of its’ kind offered by any financial institution in the nation. “With the design of the sweepstakes, everyone wins. Even if you save and don’t win the $5000, you still have built your savings,” explained Schermerhorn.
There is no purchase required for the sweepstakes, and the details are available on the credit union’s website at www.cescu.com.
CES Credit Union has assets of over $112 million and operates as a not-for-profit cooperative serving all who live, work, worship or attend school in Knox, Delaware, Licking, Ashland and Richland counties in Ohio. CES has credit union centers in Delaware, Mount Vernon and Utica and plans to open a new location in Loudonville this summer. Members’ funds are federally insured to at least $100,000 by the NCUA, a federal government agency.
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 For Immediate Release
For more information, please contact:
Kelly Schermerhorn, CEO
or James McLaughlin, Marketing Director
CES Credit Union
PO Box 631
Mount Vernon, Ohio 43050
(740) 397-1136
Email at jmclaughlin@cescu.com
May 31st, 2008
CES Credit Union Savings Sweepstakes winner named
The fourth winner of $5000 in the Savings Sweepstakes presented by CES Credit Union has been announced by Sandy Coffing, Vice President of Operations.
Donna Conner of Mount Vernon was named the winner in the CES Credit Union Wealth Builder Sweepstakes random drawing for the end of April 2008, and was awarded $5000.
“It’s great to have our savings account at CES Credit Union” said Ms. Conner. “This money will send our granddaughter Samantha to band camp and will pay for our granddaughter Angel’s band instrument.”
So far this year, CES Credit Union has presented $20,000 in sweepstakes winnings, designed as an incentive to encourage savings. Entry into the sweepstakes starts with every dollar on deposit in a CES Credit Union Base Savings Account counting as an entry into a monthly sweepstakes drawing. One random winner is awarded $5000 at month end. CES Credit Union plans to continue the sweepstakes monthly through the end of 2008 and possibly longer.
Ms. Conner, along with her husband Dennis, both live and work in Mount Vernon and have been members of the credit union since 1990. Ms. Conner’s name was drawn as the winner by an independent auditing firm administering the sweepstakes.
Sandy Coffing , Vice President of Operations, made the presentation to Ms. Conner. Coffing said the sweepstakes is a unique program, one of the first of its’ kind offered by any financial institution in the nation. “We as an industry have to do something to jump-start the savings concept. If this sweepstakes helps inspire people to save a few extra dollars every week or month, then we’re all better off than before.” said Coffing.
There is no purchase required for the sweepstakes, and the details are available on the credit union’s website at www.cescu.com.
CES Credit Union has assets of over $112 million and operates as a not-for-profit cooperative serving all who live, work, worship or attend school in Knox, Delaware, Licking, Ashland and Richland counties in Ohio. CES has credit union centers in Delaware, Mount Vernon and Utica and plans to open a new location in Loudonville this summer. Members’ funds are federally insured to at least $100,000 by the NCUA, a federal government agency.
Photo: Dennis and Donna Conner (left) were presented with a $5000 check for winning the CES Credit Union Wealth Builder Savings Sweepstakes. Sandy Coffing from CES Credit Union (right) made the presentation.
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For Immediate Release
April 21, 2008
Update: 6 tons collected in MV, 5 in Delaware
Shred-It Day returns to CES Credit Union
Shred-It Day returns on Saturday May 10th at two CES Credit Union centers.
The popular Shred-It days allow households to properly and securely dispose of documents too sensitive for the trash or to burn. The licensed and bonded Shred-It crews can tear a box of documents into tiny, unrecognizable shreds in seconds, on-site and while-you-wait.
The Shred-It trucks will be at the following CES Credit Union centers Delaware at 33 London Road (beside Walgreens) on Saturday May 10th from 10am to 1pm...
Delaware: 33 London Road (beside Walgreens)
Mount Vernon: 1215 Yauger Road (between CVS Pharmacy and KCH)
The event could end early if the trucks are full. There is a ten box limit per automobile, and the event is designed for household shredding. Paper clips and staples can be left in the documents, and CDs can be shredded as well.
There is no cost for the service. CES Credit Union employees will be on hand to help with lifting and coordinating. Your boxes can be shredded or returned to you.
This is the fifth year CES Credit Union has offered the service.
CES Credit Union has assets of over $112 million and operates as a not-for-profit cooperative serving all who live, work, worship or attend school in Knox, Delaware, Licking, Ashland and Richland counties in Ohio. CES has credit union centers in Delaware, Mount Vernon and Utica and plans to open a new location in Loudonville this summer. Members’ funds are federally insured to at least $100,000 by the NCUA, a federal government agency.
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April 21, 2008
Mount Vernon couple awarded $5000 in CES Credit Union Savings Sweepstakes
 A Mount Vernon couple was announced as the third winner of $5000 in the Savings Sweepstakes presented by CES Credit Union. Omer “Chic” and Dee Goehler were named the winners in the CES Credit Union Wealth Builder Sweepstakes random drawing held for the end of March 2008, and received $5000.
The “Wealth Builder” Savings Sweepstakes entices savings among credit union members and the community as a whole. The sweepstakes is part of CES Credit Union’s contribution to the “Knox County Saves” program encouraged by area agencies.
Entry into the sweepstakes starts with every dollar on deposit in a CES Credit Union Base Savings Account counting as an entry into a monthly sweepstakes drawing. One random winner is awarded $5000 at month-end. CES Credit Union plans to continue the sweepstakes monthly through the end of 2008 and possibly longer.
Mr. Goehler credited his wife Dee for convincing him to bring his accounts to the credit union, and said he has been happy with the service of CES, He was a little skeptical when his wife called him to say they had won the sweepstakes though. Their name was drawn as the winner by an independent auditing firm administering the sweepstakes.
Karen Bell, Assistant Vice President and Manager, Chestnut St. Center made the presentation to the Goehlers. Bell explained the sweepstakes is one of the first of its’ kind offered by any financial institution in the nation. “The whole idea of the sweepstakes is to encourage savings….to get people to think about saving more instead of spending. It builds awareness of the need to save for a rainy day,” said Bell.
There is no purchase required for the sweepstakes, and the details are available on the credit union’s website at www.cescu.com.
CES Credit Union has assets of over $112 million and operates as a not-for-profit cooperative serving all who live, work, worship or attend school in Knox, Delaware, Licking, Ashland and Richland counties in Ohio. CES has credit union centers in Delaware, Mount Vernon and Utica and plans to open a new location in Loudonville this summer. Members’ funds are federally insured to at least $100,000 by the NCUA, a federal government agency.
Photo: Omer “Chic” and Dee Goehler (left) were presented with a $5000 check for winning the CES Credit Union Wealth Builder Savings Sweepstakes. Karen Bell from CES Credit Union (right) made the presentation.
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FOR IMMEDIATE RELEASE
DATE: OCTOBER 30, 2007
SUBJECT: CES CREDIT UNION ANNOUNCES PLANS FOR NEW LOCATION IN LOUDONVILLE
CONTACTS: JAMES MCLAUGHLIN, MARKETING DIRECTOR
JANELLE TODD, MARKETING COORDINATOR
CES CREDIT UNION
740-397-1136 EXT 108
CES CREDIT UNION ANNOUNCES PLANS FOR NEW LOCATION IN LOUDONVILLE
CES Credit Union has announced plans to construct and open a new full-service community credit union office in Loudonville, Ohio during 2008. The announcement by Kelly Schermerhorn, CEO of the Mount Vernon-based not-for-profit credit union identified recently-purchased land at 3030 South State Route 3 (at the South Mount Vernon Avenue intersection) as the site for the new Loudonville/Mohican Office.
Construction should begin soon but an exact opening date has not yet been set. This will be the fifth full-service credit union center for the cooperative, with other locations in Mount Vernon, Delaware and Utica. The credit union has established an interim location (during the construction phase) for CES Credit Union members inside the McClain’s Appliance Store at 246 West Main St. in Loudonville. Starting November 5, 2007, the hours of operation at the interim location will be 9am to 4pm on Mondays and Fridays.
CES Credit Union has maintained a presence in Loudonville since 1983 when CES Credit Union acquired small offices of the Bethpage Credit Union inside the Flxible bus plants in both Loudonville and Delaware. Steady growth of the present CES Credit Union office (housed inside the MCI plant) in Loudonville led to the decision to expand.
Schermerhorn said the “loyalty of the Loudonville area members of CES Credit Union encouraged us to invest in Loudonville and pay them back for their support.”
CES Credit Union was started by factory workers in Mount Vernon pooling their personal resources to start the Cooper-Bessemer Employees Credit Union back in 1953. The credit union now has assets of $106 million and has two offices in Mount Vernon, and one each in Delaware and Utica. The new Loudonville office will also be part of the Shared Branching Network, allowing most credit union members from all across Ohio and the Midwest to transact business at the CES Credit Union office just like they were in their own credit union at no additional cost.
The credit union plans to employ local staff and use local contractors when possible. Progress of the move can be monitored through the credit union’s website at www.cescu.com.
May 1, 2008: The building is on site and prep work for the vestibule is beginning. Trim and siding changes expected. Beginning the ground work for parking lot, driveway and construction of drive-thru canopy including ATM. Brick facade will be installed soon for lower half of building.
July 28, 2008
Asphalt to be poured today, and curbs are in. Some final touches are underway, preparing for an opening within a few weeks. Security system is being tested. ATM is in, but not "live" yet, nor is it loaded yet. Signage to be installed this week or next.
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