Service One recently contracted with Share One, Inc., a Credit Union Service Organization located in Memphis, TN, to implement their NewSolutions Core Processing System.

After an extensive review by SOCU’s Management Team of several system providers, NewSolutions emerged at the top of the list. “We wanted to find a core solution that gave us the most functionality for our technology budget, and we wanted a provider that would listen and respond to our needs,” said Valerie Brown, President/CEO of Service One.

The conversion is scheduled to occur on July 31, 2010. Due to pre-conversion simulation testing, Saturday operations at the Campbell Lane and Glasgow branches will be limited to ATM and drive-through service on July 17, 2010. SOCU will close at normal time on Friday, July 30th, and all offices will be closed on July 31st. All offices will re-open at normal times on Monday, August 2, 2010.

Click here for important timeline information and E-Service details.

You will lose a valuable account service if you do not respond soon. Due to recent regulatory changes, you must either opt-in or opt-out of certain services provided by Service One Credit Union in our Discretionary Overdraft Privilege Program.

Currently Service One, at its discretion, honors checks and other transactions made using your checking account number, automatic bill payments, ATM transactions and debit card transactions, even if the item causes your account to overdraw. Due to regulatory changes, after August 14, 2010, Service One will no longer authorize ATM withdrawals and everyday debit card transactions that would otherwise overdraw your account, unless you tell us to do so in writing, or “opt-in”. You may opt-in or opt-out of this service at any time.

Click here to opt in.

Service One Credit Union is Serving YOU by Growing Green. Update your account to a Concept Green E-Count today and enjoy no maintenance fee checking, eco-friendly checks, e-service package (Virtual Branch & E-Statements required) and One Card.

Below are the advantages of having a Concept Green E-Count:

• Rebate ATM fees (up to $8 per month with proof of receipts)
• Freedom Loans with 60 days no interest and 60 days no payment
• Green Auto Loan Rates
• Discounted Mortgage Rate and $999 Closing Costs
• Discounted Loan Rates
• 1,000 bonus CU Rewards points on new Visa Platinum Card w/$2,500 or greater credit line. Additional 1,000 bonus CU Rewards points for Credit Card E-Statement enrollment (on new or existing Visa Platinum Card accounts)

Every new or updated Concept Green E-Count will receive a pair of ticket vouchers* to a Hot Rods game in the SOCU Green Seats! Please stop by any of our branch locations to take advantage of this offer.

* Valid in season only, while supplies last.

Online Bill Pay is the most convenient way to pay bills at your leisure. With Virtual Bill Pay from SOCU, you’ll free yourself from all the inconvenience that makes bill paying time consuming. Virtual Bill Pay puts you in control by allowing you to pay merchants using a PC via the Internet whenever and wherever you want. For Virtual Bill Pay, you must have a Virtual Branch account and direct deposit of a recurring check. Click here to sign-up now.

E-Statements are a safe, convenient way to view your credit union account statements through our secure Virtual Branch online banking service. With E-Statements you:

• Receive email notifications when your statement is available.
• Have faster and safer access than with statements sent through the mail.
• View, download or print your statement.
• Help our environment by reducing paper waste.

To sign-up for E-Statements, simply sign into your Virtual Branch as usual and click the E-Statement link on the left-hand menu bar. This will display the Welcome to Statement Express page, next click the Sign Up button at the bottom. You will receive your 1st statement at the beginning of the following month and an email will be sent to the email address provided to notify you that your statement is ready for viewing.

For more information, please call (800) 759-8500 or 796-8500 ext. 0.