Coming Soon: Improved Services

Hopewell Federal Credit Union is proud to announce a technology upgrade that will be effective March 1, 2010. This upgrade will provide our members with better service that includes faster transactions and fewer service interruptions.

Prior to the upgrade, please save all of your e-statements to your computer, since after the upgrade is completed your old e-statements will not be available on our new system.

In order to complete the upgrade our offices will be closed on Saturday, February 27, 2010. Hopewell Online Banking will not be available from late Friday, February 26 through late Monday, March 1, 2010. During the upgrade process there will be limited availability of funds, Shared Branching will not be available and your ATM balances will not be accurate. Our offices will re-open for business on Monday, March 1, 2010 at 9 a.m. including the drive through.

Some changes you will notice after the upgrade include:

  • A new look and a new URL for Hopewell Online. After the upgrade you will be routed from our Web site link to the new URL. At that time you may save the new URL to your favorites.
  • Beginning in March your e-statements will arrive on the third of the month.
  • Magic, our telephone access system will have a new audio response.
  • Share certificate interest payments will be paid on the last business day of the month for February and then on your regular anniversary date beginning in March.

We apologize for any inconvenience this may cause. We appreciate your patience as we put these service enhancements in place. Thank you for being a valued member of Hopewell Federal Credit Union.

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Your Credit Union, Your Community and HB 317

I want to tell you about an important piece of legislation that was introduced in the Ohio House Representative’s committee this past Wednesday, House Bill 317. The proposed bill would provide a choice to Ohio school districts, township trustees, county treasurers and other public entities – the choice of being able to invest their funds in Ohio’s credit unions – in other words become eligible depositories for public funds.

Currently the Ohio Revised Code prevents the use of credit unions as public depositories under Ohio’s Uniform Depository Act. Currently, more than twenty states (including our neighbors of Michigan, Indiana and West Virginia) allow credit unions to accept public funds and Ohio needs to follow in their footsteps by passing HB 317. 

At a time of increasing mergers and globalization of our banks and lending institutions it is time to allow credit unions the opportunity to accept state public funds and recognize their vital role as financial institutions in our local communities. There are fewer choices for public entities as to where they can deposit their funds which makes it difficult for local officials to find local financial institutions to do business with. This results in less competition, less choice, lower interest paid on deposits and higher rates on loans. Allowing credit unions to accept their deposits would benefit our community and all of us locally who live, work or worship here.

Please contact your local State Representative to support this bill when it comes before the Full House of Representatives. You can reach Representative Dan Dodd who is a member of the committee hearing this bill, at district91@ohr.state.oh.us and ask him to support this bill in committee.