Natco Credit Union was honored by Governor Eric Holcomb during an event held at the Indiana Statehouse on March 21st. Natco was among 65 Indiana companies and organizations who were recognized for their company’s longevity and service to its employees, community and the state. Director of Marketing, Karen Houser, accepted the award on the credit union’s behalf. The award was also presented by Indiana Economic Development Corporation President, Elaine Bedel.

For the past 75 years, we have provided loans, checking and savings accounts, credit card options and other financial services to members of our community. Membership is open to individuals who live or work in the following seven counties – Wayne, Fayette, Randolph, Henry, Rush, Union and Franklin.

 

During the month of February, our Richmond offices are raising money for the HELP Shelter. The annual Paws for Love campaign takes place in February and 100% of the money raised is donated. In 2018, we raised $226.39. We plan to exceed that amount this year.

If you are looking for a dog or cat to complete your family, stop by the HELP Shelter (2101 West Main Street, Richmond). There are many animals looking for a forever home!

Counterfeit money is a problem we all need to guard against. Being aware of the safety features of U.S. currency is a great way to guard against accepting counterfeit money. Don’t fall victim and be left on the losing end.

The secret service and U.S. Treasury also offer these suggestions:

• Holograph: Hold a bill up to a light and look for a holograph of the face image on the bill. Both images should match. If the $100 bill has been bleached, the hologram will display an image of Abraham Lincoln, who appears on the $5 bills, instead of Benjamin Franklin.
• Strip: Looking at the bill through a light will also reveal a thin vertical strip containing text that spells out the bill’s denomination.

• Color-shifting ink: If you hold the new series bill (except the $5 note) and tilt it back and forth, please observe the numeral in the lower right hand corner as its color shifts from green to black and back.
• Watermark: Hold the bill up to a light to view the watermark in an unprinted space to the right of the portrait. The watermark can be seen from both sides of the bill since it is not printed on the bill but is imbedded in the paper.
• Security Thread: Hold the bill up to a light to view the security thread. You will see a thin imbedded strip running from top to bottom on the face of a banknote. In the $10 and $50 the security strip is located to the right of the portrait, and in the $5, $20 and $100, it is located just to the left of the portrait.
• Ultraviolet Glow: If the bill is held up to an ultraviolet light, the $5 bill glows blue; the $10 bill glows orange, the $20 bill glows green, the $50 bill glows yellow, and the $100 bill glows red – if they are authentic!
• Microprinting: There are minute microprinting on the security threads: the $5 bill has “USA FIVE” written on the thread; the $10 bill has “USA TEN” written on the thread; the $20 bill has “USA TWENTY” written on the thread; the $50 bill has “USA 50” written on the thread; and the $100 bill has the words “USA 100” written on the security thread. Microprinting can be found around the portrait as well as on the security threads.
• Fine Line Printing Patterns: Very fine lines have been added behind the portrait and on the reverse side scene to make it harder to reproduce.
• Comparison: Compare the feel and texture of the paper with other bills you know are authentic.

The Secret Service offers a downloadable PDF called Know Your Money. It points out key features to look at to determine if a bill is real or fake.

Natco Community Empowerment Center/Love Makes Cent$, Inc.

We are very excited to share with you that our agency has been selected to participate in this year’s Wayne County Foundation Challenge Match. Donations received or postmarked between November 5th and 13th will be matched up to our goal of $2500. Allowing us to double the impact of your donation and our services. The variety of services we provide impact the lives of individuals and the well-being of our community.

“Helping people live better lives.”

Donations can be made online at http://www.waynecountyfoundation.org/

OR

Checks can be mailed or delivered to:

Love Makes Cent$, Inc
Natco Community Empowerment Center
1627 E. Main Street
Richmond, IN 47374

 

Thank you to Senator Raatz for spending the morning of August 24th with credit union representatives. During our meeting, we were able to give him our perspective about our community.

We shared details of our FREEDOM FAST loan which is an payday loan alternative. The loan structure helps people get out of the debt cycle or it can be a great solution for someone who is one mishap away from poverty.

We really appreciate that Senator Raatz took the time to learn more about our community and how our credit unions make a difference!