Archive for September, 2020

Happy 70th Anniversary – ANNIVERSARY LOAN SPECIAL

Monday, September 28th, 2020

Essentials

This was a special loan designed to allow members to commemorate the milestone of Aero Services reaching 70 years in business. This loan could be accessed for any purpose desired by the member, up to 2 1/2 times their share capital.

Interest Rate

0.70%

on the reducing balance.

Requirements

Requirements to qualify for our 70th Anniversary Loan:

  • Any relevant documents
  • Proof of income i.e. recent job letter and salary slip
  • Two (2) forms of valid ID
  • Proof of address i.e. recent utility bill/bank statement
  • Reduced loan fees*

 

Note: The calculators are intended as a guide only based on the information you input. The results should not be considered approval for a loan. To find out exact amounts you should speak to us. The repayment amounts and total interest calculations exclude any fees and charges that may be charged to your loan which, if they apply, will add to the cost of loan. Other fees and charges also apply. Conditions apply to all loan options. Interest rates and repayment amounts are subject to change. Applications for a mortgage loan are subject to approval and satisfactory security. Full terms and conditions will be in our loan offer.

Happy 70th Anniversary – President’s Message

Monday, September 28th, 2020

 

Dear Valued Members,

On Monday 28th September 2020, Aero Services Credit Union celebrates its 70th Anniversary. It gives me great pleasure to be able to usher in this very significant milestone by expressing sincere appreciation for your unwavering support over the years as we successfully transitioned from our very humble beginnings to being able to boast of an asset size in excess of $300 Million today. This bears testimony to the resilience of you our members.

One of the biggest drivers for our continued growth has undoubtedly been the faith you continue to have in our Credit Union to satisfy your financial needs and the ongoing partnership forged with you in the accomplishment of your life goals. We wholeheartedly appreciate the fact that you stayed the course and most importantly, continued to be an integral part of this journey which began for some of us in the year 1950.

We especially thank you for the understanding displayed throughout our 70year existence and moreso during this unprecedented period of the Covid-19 pandemic. We fully acknowledge the fact that most of you needed to make unplanned adjustments because of the measures imposed over the preceding months as we responded to the impact of Covid-19. We pray and hope that soon, some semblance of normalcy would return.

We acknowledge the efforts of our early pioneers for having the vision to start a “Buyers Club” in the Stores department of BWIA which evolved to the Cooperative we know today as Aero Services Credit Union.

We can certainly count our many blessings, as we reminisce through the years, successfully navigating the impact of the retrenchment among our membership and indeed the eventual closure of our beloved national airline BWIA International in 2006, which altered many of our lives forever.

Looking ahead, the challenges associated with Covid-19 has certainly forced the world to reexamine the way business is conducted and we at Aero Services Credit Union have indeed risen to this challenge as we maintained business continuity by periodically tweaking our operating paradigm to ensure the continued safety of our dedicated staff and members.

We are cognizant of the enormity of the task facing us as a nation and as a Credit Union in this global village. However, we will continue to strive to honour our commitment to you as outlined in our mission statement.

On behalf of the Board, Staff and Officers of Aero Services Credit Union we extend HAPPY 70th Anniversary to you our members. We wish for you God’s blessings, excellent health and continued growth and stability for Aero Services Credit Union as we steadfastly and confidently progress towards our next milestone.

Cooperatively Yours,

Brian Matthew

President

TEMPORARY DISRUPTION OF JMMB / AERO DEBIT CARD SERVICE – UPDATE #2

Wednesday, September 23rd, 2020

Kindly note that we are still experiencing some disruption in uploading daily credits to your Aero Visa Debit Card.
JMMB has been experiencing some technical difficulties following their System Upgrade on September 14, 2020. We apologize for any inconvenience caused and ask for your continued patience. As soon as the system is restored, we will update you. Thank you for understanding.

Temporary Disruption in Service – AERO Visa Debit Card

Thursday, September 17th, 2020

TEMPORARY DISRUPTION OF

JMMB / AERO DEBIT CARD SERVICE – UPDATE

 

Dear Valued Members,

Kindly note that we are currently experiencing a temporary disruption in uploading daily credits to your Aero Visa Debit Card.

JMMB is experiencing some technical difficulties following their System Upgrade on September 14, 2020, please note the following:

  • No credits have been uploaded to members’ cards from Monday September 14 and will not be transferred until further notice
  • Members who had funds on their cards as at Friday September 11 will have access via:
    • JMMB ATM branches
    • Point of Sale
    • Online Purchases/Payments

Should you wish to have access to funds during this time, ACH/direct deposits to your bank account will be facilitated.

Please email requests to: –

 

Please note that JMMB is working assiduously on resolving this issue and updates will be forthcoming.

We apologize for the inconvenience caused and thank you for your continued patience and support.

 

By Order of Management

Early Office Closure – September 17th, 2020

Tuesday, September 15th, 2020

EARLY OFFICE CLOSURE  – 3:00 P.M on Thursday 17th, September 2020 

Aero Services Credit Union would like to advise its members that our offices will be closed from 3:00 p.m. on Thursday 17th September 2020 to facilitate staff training. Please note that regular business hours will resume on Friday 18th September 2020 from 9:00 a.m. – 4:00 p.m. We apologize for any inconvenience caused.

 

REMINDER 

As the number of COVID cases continue to increase, we encourage you to stay safe. Please be reminded that business can be conducted using our AERO Access Online Banking Platform.

Having AERO Access means you would be able to :-

  1. Check your account balances 24/7
  2. View transaction history
  3. Transfer funds
  4. Request letters and statements

Click the link and find out more on how you can sign up today!

http://aeroservicescu.com/products-services/aero-access-docs-2.html

 

We thank you for your continued support during these unprecedented times.

Thank You.

 

Change in Cashier Operations

Thursday, September 10th, 2020

Remaining Dividend and Loan Rebate Payment

Tuesday, September 8th, 2020

Dear Valued Member,

As declared at our AGM held Saturday September 5, 2020, the remaining 25% dividend and loan rebate (12%) payments will commence Monday September 14, 2020.

For those members who requested cash payments, we urge you to consider the options of ACH (payment made directly to your Bank Account) or payment to your ASCU Visa Debit Card. These options will ensure faster and safer access to your funds. Please feel free to contact the office to arrange this process.

However, if you must receive cash payments, please note that to ensure compliance with the social / physical distancing requirements, payments will be facilitated as follows:

Members with surnames: –

A- B MONDAY SEPTEMBER 14, 2020

C – F WEDNESDAY SEPTEMBER 16, 2020

G – J FRIDAY SEPTEMBER 18, 2020

K – M MONDAY SEPTEMBER 21, 2020

N – R WEDNESDAY SEPTEMBER 23, 2020

S – Z FRIDAY SEPTEMBER 25, 2020

Effective Monday September 14, 2020 ASCU will provide cashier services on Mondays, Wednesdays and Fridays ONLY, until further notice.

We thank you for your continued patience and understanding during this COVID-19 Pandemic and look forward to serving you in these changing times.

We are all in this together and look forward to your usual co-operation.

Please be reminded that if your loan account is in arrears, your dividend and loan rebate will be applied to your loan.

Thank You!

48th Annual General Meeting Brochure

Tuesday, September 1st, 2020

Dear Valued Members,

Our  48th Annual General Meeting Brochure is now available for your perusal. To review kindly on the PDF Document below-

AERO AGM Brochure