Dear Valued Member,
As you may already be aware, the Biden Administration is currently proposing all credit unions and banks report additional member information to the IRS beginning in 2023. This proposal establishes new and burdensome requirements on our credit union that will require us to report any and all transactions in an amount that would ultimately ensure everyone’s account information is transmitted, scanned, and tracked, regardless of your taxpayer status or individual tax liability. This proposal would be an invasion of your privacy and would be enacted without your consent.
We believe this to be an alarming expansion of the existing reporting requirement that would unnecessarily capture a much wider range of your personal and private information on all financial member accounts, such as checking and savings accounts, loans, deposit investments, and fiduciary accounts. This proposal would also raise significant questions of your right to expect privacy and data security along with adding unknown IRS scrutiny of your individual financial information.
Our member relationships are built on trust, integrity, and your privacy. This initiative is a direct assault on that relationship and your rights. We are opposed to this pending legislation and have joined other financial institutions across Ohio and our nation in contacting our members of Congress to express our specific concerns and our disagreement.
We do ask that you would please join us in this reasonable opposition and contact your U. S. Representative and Senators to help us defeat this proposal. Click here to download a template letter.
Thank you for your time and consideration.
Shayne R. Poe, CEO
Homeland Credit Union, Inc.
In accordance with Governor Mike DeWine lifting the state mask mandate and other COVID-19 health orders, Homeland Credit Union will implement the following changes in our branches effective June 2nd:
• Masks will no longer be required
• Appointments are no longer required, but still encouraged
• Social distancing and capacity limitations will be removed
As we implement these changes we do ask that anyone feeling ill please consider using our drive-thru or digital banking services when able. Should you have any questions please call 740-775-3331.
Beginning Monday, June 21st all Homeland Credit Union members will be required to setup new authentication information upon logging in to Online Banking and Mobile Banking.
What does this mean? Upon logging in you will be prompted to choose five new security questions. A new feature you will also be setting is the ability to verify your identity via text message or phone call. This change is designed to protect our members from fraud.
While this change may be a bit annoying it is designed with our members in mind. Updating our authentication information from time to time allows us to ensure our members information is secure.
As we prepare for this change in June, we ask that all members please login to Online Banking or call us to update your phone numbers in advance. This will ensure the authentication process runs a bit smoother.
To update your current phone number in Online Banking simply click "settings" in the upper right-hand corner. The settings menu will have a drop down called “profile”, in that area you can update your phone number, address, and email address.
Should you have any questions please call 740-775-3331.
This is a notice to all secondary and post-secondary graduates currently within the Homeland Credit Union membership and graduates located in Ross, Pickaway, Vinton, Fayette, Highland, Pike, Jackson, Hocking, and Fairfield counties.
Beginning May 31, 2021 Homeland Credit Union will deposit $50 into your account when you bring your 2021 diploma into one of our five convenient locations. Offer must be redeemed by August 31, 2021.
All existing members or graduating children of members are eligible for this $50 deposit. We also welcome new graduating seniors to join the credit union and receive the deposit. You do not have to be a current member to take advantage of this special offer.
“It is our hope that students in South-Central Ohio will become familiar with all that Homeland Credit Union has to offer. We are here to assist them with all of their financial service needs.” Said CEO Shayne Poe
Homeland Credit Union has been recognizing the accomplishments of area students for many years through annual scholarships and other promotions.
“We are excited to connect with young individuals looking for financial services before they venture into this next stage of life.” Said Briana Hood, Director of Marketing and Community Development.
For questions about this special offer or other services from Homeland Credit Union please call 740-775-3331 or visit www.homelandcu.com
Due to new system procedures we are unable to manually process tax refunds that have incorrect account number information. In the instance where a Direct Deposit IRS or State tax refund account number is incorrect the refund will be returned to the IRS or State Department of Taxation and you will receive a check in place of a direct deposit. To avoid a delay in your refund it is important that you have correct direct deposit information that you provide the IRS or your tax preparer. Please call (740) 775-3331 or stop by one of our branches and speak to one of our Financial Service Representatives if you have any questions.
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