CASH MONEY IN HAND IS BETTER SPENT IN A SAVINGS ACCOUNT.

WE HAVE A GREAT CHAT WITH TERRI FROM THE IRONWORKERS CREDIT UNION AND SHE GIVES US A GREAT EXAMPLE OF THE ADVICE THAT THEY CAN HELP US ALL HAVE I HOPE THAT THIS HELPS ALL IRONWORKERS GET ON TOP OF THIER FINANCES AND START MAKING THE RIGHT DECISIONS HOOKERS AND BLOW ARE FUN FOR A NIGHT OR WEEK OR TWO. WEEK RUNNERS, BUT AT SOME POINT IT IS A GOOD THING TO SAVE THAT CASH. 

WORK HARD WORK SAFE AND LIVE WELL 

Ironworkers USA Federal Credit Union
Membership to Ironworkers USA Credit Union is open to Union Ironworkers across the country,

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STAY SAFE WORK HARD AND LIVE WELL.

Transcript

0:41

welcome back to the Ironworker podcast. We got a great one today. We've got Ms. Terry Robinson, the CEO of the Ironworker Federal Credit Union out of the Pacific Northwest, and. She is going to teach us iron workers, how to make sense of our money. And we're super excited. We've been shoot. We've been what, two weeks trying to get you on, on the show. And, and you are a busy woman and being the boss lady. I imagine it is tough. So thank you for your time. Yeah, you bet. Thank you for allowing me to get on here and finally have a conversation Shannon. Tell you a little bit about the offerings that we have here at your ironworkers credit union and you're right I have a lot of plates spinning. So There's always something going on. There's always a crisis. So I appreciate your patience and and helping me get on here No, it's it's it's great to have you. Well, let's start it off first things first I mean as a new as a member that's just getting into the ironworkers brand new just signed up yesterday How Does how does a member join the the ironworker credit union? You Great question. Usually, once they have their union book number, someone can, is eligible to join the credit union. We have membership throughout the United States, so anyone in any of the 50 states is eligible to join as long as they are a union ironworker with the current book number. Yeah, oh perfect makes it easy and simple. Yep and recently has there been quite a few members that have have come to the ironworker credit union and have you know, I mean, what what do you offer as far as As a as an account with you guys Yeah, so one of the things that we've seen is a lot of new members the last couple years in 2018 We actually changed our charter You Which just is a designation by the government is to who and how somebody can join the credit union And we changed it to a nationwide charter Which meant anyone in the united states could join Once you become a member of the credit union you get a savings account. Every member has that five dollar minimum savings account And we have seen I think I was telling you in the beginning when I started here in 2009 You We had about a little over 5, 000 members, and now we're right at 14, 200 members. And that's ironworkers and their families because their family members are also eligible to join. And then once that 5 membership account is opened, you're eligible to apply for a loan or have a checking account, a Visa credit card you know, you just have to apply for those. And we'd make sure that you're eligible to have that loan or visa. We have certificates, lots of different savings options. Or if you're just trying to, you know, want somebody to have a good conversation about financial health and getting yourself on a better path, we're here to listen and hear kind of what's going on and then look at the whole situation and hopefully give you a better way to work financially. One of the things we find is a lot of ironworkers actually don't have an account somewhere. They maybe cash their paychecks on Fridays or Thursdays and then by Monday or Tuesday, it's gone. That's scary. An iron worker with cash money in their pocket. I know, I know. It's, it's definitely tempting and hard to keep on to the money when it's, you know, fresh in your hand. And if you flip a 20 down here and a 10 down there, you forget that what I spent that money on. If you actually have it in a checking account, you can actually go in on our mobile app or online banking and look at where have I spent my money. If you're really trying to create a budget, I do work with the apprentices here in the Northwest. We meet with them and go over, we have a budgeting class that I do do. And my staff is trained in Talking to people about a budget if that's what they want to seriously do Is have the money put aside each saving each week when they get paid. I mean you can put money in savings you try and make it easy for you to you know, try and save for your future or have something when you get laid off So that's I mean as as an apprentice That's one thing that you probably don't really think about is I mean I know I didn't and I mean i've been a journeyman for 15 years now and like You That's the last thing that was ever on my mind is okay. I got to save. I'll save when I, when I hit 63 or 65, whenever I'm ready to turn out to be a retiree, realistically, like if you start now, I think I saw I don't know, I saw a meme or something a while back that said, or a video on Tik TOK or something that said that if you start now at 21, you can save almost 700, 000 more than if you start when you're 30 or whatever. Which is Is insane to me. I mean, that's that's a ton of money. Yeah Yeah, you could put extra Aside, even if it's you know, even if it's 20 bucks a week you'd be surprised how fast that would add up. And you know, even if you made a little game with yourself like this week i'm going to put a buck next week I'm going to put two bucks the next week I'm going to put three bucks seems really silly and I have a checkoff sheet even to do this for someone But by the time christmas came if you really started on january You You would have, you know, roughly 1, 300 bucks or you know, 1, 400 bucks to spend on Christmas or if you're out of work that week. It's just kind of 1 doesn't seem like much. I always tease the, the apprentices that are sitting in there with their monster can or their. You know, Gatorade or whatever else coffee drinkers are in or their their chew or cigarettes or Whatever those Yeah, I say even if it's 11 a day that you spend You'd roughly have 3, 400 bucks by the end of the year, which is in a lot of cases. Somebody's for the year of their vacation accounts that we have here at the credit union spent on stuff. We like to reward ourselves. And we do that by saying, I deserve it because I worked hard today. Yeah. Instead of thinking for the week, if you did it more on a weekly basis and said, we worked hard. I want to take my kids out or I want to do something on the weekend for 40 bucks. You know, that's a lot cheaper than doing it every day and rewarding yourself. For a hard work, you know, just change one or two things. It could be pretty easy and then you'd realize, oh, wow, I got 500 bucks in my savings. And even if you can make little goals with yourself, I try and teach that to people. Like even start and say, I want to put 100 bucks in my savings account. Once you get that 100 bucks, then you make another goal with yourself and you say, I want 500 bucks in my savings. And then you can roughly, you know, just try and make some gains with yourself to try and save something. You know, most people don't even have 400 to their name 60 percent of America, so it's not something that most people are traditionally trained to do or learn how to do. And I think that ironworkers, I mean, I think we, We justify, like you said, you know, we justify, oh, I worked hard today. So I'm going to, you know, I'm going to get an extra Coke or whatever. I'm going to get an extra drink on the way home or whatever. We justify that by, you know, I, I had a good day, so I'm working now, but then it seems like when we get laid off, we're always like, Oh shit. Like, I wish I wouldn't have spent money on that. You know, whatever it was, Xbox game or Xbox console or whatever, you know. I just did that a few weeks ago. So I see a lot of Uber and Uber that it's an Uber that, or you know, getting food, you know it's, it's gotten to be really, again, I think it's because of the debit card. Makes it easy and you don't see it. You know, the envelope method is another way that I talk about the Dave Ramsey when he talks about putting your paycheck in an envelope. Maybe you have a different slots in that envelope once for rent once for, you know, my car payment once for insurance, whatever. And each time you get paid, you put one, you know, some of your paycheck in each one of those spots, and then you have one for entertainment, one for gas, and you really can be strict and just take from that envelope or groceries and take from any of the other slots. It's a good way to train yourself too Now does the so you did talk a little bit about offering some financial Literacy kind of counseling and stuff and I do want to touch on that again in a minute But I do have a question with is there a way to set up like your your savings or your checking account? So that you have it Like that envelopes that like system so you can You know Maybe I move 15 into this one this week, or how, now, how would that, how would, how would somebody go about doing that? Is that something they could call in and say, Hey, how do I do this? Yep. Of course we, we can easily set you up with a separate savings for each one of those things. I've done that before with people too, and I have it where only credits can come into that account until you tell me. Jerry moved my money into my account. I'm paying rent today. So I need that in my checking account and I'll move it for them so that they can be disciplined to put 400 a week. That's a lot easier to do than coming up with 1, 600 at the end of the month rent. You did it when you have a 1, 800 check, put 400 in your savings or rent account, and then you have, you know, 1, 600, or excuse me 1, 400 to spend that you can live with that. I did have a guy one time that called he called me because the repo truck was at his house, and it was picking up his truck and his boat. Because he hadn't made payments and he called me and I said, you know, I Are you what was your paycheck today? And he told me it was seventeen hundred dollars I said he just gave me two hundred dollars a week, which leaves you with fifteen hundred bucks You can live on that right? He goes. Yeah, I said then he'd never hear from me again so we've agreed on that and he I called his payroll and that it's set up and I Unhooked his stuff and let him have it. It's it's you know You I know the intent of an ironworker is always to pay. It really is. And when they, when they aren't making money, they don't pay. It's not that they don't want to pay you. So I, I do know that. But then I, we have to come up with ways to help you. So stuff just does get paid. Yeah, I know a lot of people leave it up to their wives or their partners to take care of it for them But really we you know let's have some responsibility with it and And take it on because sometimes your wife's don't or partner doesn't understand you Today we're working but in three months, I might not be Save and and so just having that conversation, which is one of the number one reasons people get divorced Is they don't talk about finances and you know, it happens a lot with any trade Profession because there's no conversations about when when you're not working and it's not like an iron worker doesn't want to work They one thousand percent do But sometimes there isn't work. Yeah Unemployment is half or or less than half. So it's hard If that I mean that is if you even if you you If you can get unemployment, there's a lot of times where you can't get it. And then you're, you know, you're kind of shit out of luck, I guess. But so that, that is interesting. So you guys do offers like you guys. Are able to set up ironworkers in their accounts so that like they can't touch their money and you guys move it for them I mean, that's that we we laugh about that. But I mean that's something I think is is really you know would be beneficial for a lot of guys and That you know because I know There's weeks where my check hits and i'm like, oh, I wonder what I could buy, you know So I I totally that's that's great to know that you guys offer So many things to help out ironworkers keep their money. I guess not working for them yet, but working so that they can not lose their boat in their truck or their house. You know, you're ready. You got you know, the other thing, if somebody can think about it like this, when you get over time, like anything, again, make a An agreement with yourself that anytime I work overtime that's going into this special savings account and that's what I'm going to do I'm going to use it to you know, buy something or go on a trip or whatever it is because an ironworker usually Works as much as he can While the work's good and knows there's going to be a week or two. I'll be off later Yeah, wouldn't it be nicer to think? I could actually take a week off with my vacation or PTO accounts that we have that, you know, I could take a week off and not worry about it. Or especially with the apprentices when they're in school for a month or five weeks, whatever the, you know, depending on their apprenticeship program, wouldn't it be nicer to have this cushion that you put aside for the whole year for you to come back to school and actually be able to live on unemployment and your vacation. In the Northwest here, we have what's called the PTO account instead of vacation. Oh, okay. That's that works out great. I'm, I'm learning, I'm learning a ton too, so this is great. So touching back on the financial literacy do you guys offer like, like webinars or anything, or do you guys just, is it, I mean, what can. What can an ironworker do to sign up for some, I guess, for lack of a better word, maybe some tutoring or something by you guys, financial tutoring. We, we pick up the phone here. That's one of the things you're not thrown into a queue when you call. And that's one of the things I'm things I'm proud of as the, as the CEO of the credit union, that we, the board, I have a board of directors. That's all ironworkers that they're my boss. And we. You know, they understand that we need to be here for ironworkers. And so that means picking up the phone when an ironworker calls. And when they do call, we can have these conversations with them. I don't have any classes set up yet. I want to. That is something that I think after meeting with the apprentices and stuff, I hear from them that they'd like their partner to be in it too to have those conversations. So look for something soon to come from that. I think it's a really important thing that we should get out there and just talk about what's going on and have a safe space for people to be honest. I think that's the best thing that we've done as a credit union is be in those apprenticeship classes and watch even the instructors talk to the students. And a lot of times they're counseling each other. It's been pretty motivational to watch and see them open up about, you know, they're honest about what's going on with their lives and share their stories, which is honestly the best thing for this credit union has been the members that are here that give the testimonials. If you see them on our website or see Facebook. The love that comes from our members is amazing and I'm glad that they feel that we're here on the other side to help them. So, like you said, what can an ironworker expect when they want some financial counseling? Just give us a call. Be open and honest and we'll, we'll be that same way with you and be here to help you.

Track 2: 17:10

Hey guys, you ever went into the bank to apply for an auto loan or to refinance your house or something and they tell you to go pound sand? Well, let me tell you about the Ironworkers USA Credit Union. I became a member just over a year ago and no hassle at all with those guys, man. They just straight up answer any questions that you have. They're there, they're helpful, they're friendly. Um, they're great to work with, um, and most importantly, don't look at you as a credit score. They look at you as a, as an iron worker and, and a fellow brother or sister of the, of that brotherhood and sisterhood that we've talked about in the podcast. You know, they started out back in 1960, a dozen of them. Took two cigar boxes full of money to help their brother ironworkers boom out and have some extra money and to get their finances in order. that's how they became a judgment free zone. And that's why so easy to go in there and try to get an auto loan. It's easy to get your house refinanced. They're there to help you. And they understand our lifestyle. You know, they understand that it's hard to be an ironworker and you're booming out and you're in town, you're out of town. And it makes it tough when you go into these banks to get loans, but these guys make it easy. Yeah, they're, they understand that ironworkers are dependable and, and trustworthy for the most part. So check them out. Sign up today for free online at ironworkerscu. org forward slash podcast.

18:45

Let's talk like a little bit about you're a seasoned vet in this. You've got your savings account jacked up to, you know, a hundred K whatever, you know, us ironworkers, probably a hundred K's a lot for a savings account, but let's just, let's just roll with it. And you're, so you're a seasoned vet on saving and you're getting close to retirement. How can we. What is something that the credit union offers as far as like investing or Well, I mean, what are some options that they can do with their money so that their money works for them rather than I mean, we work hard to get it. So how can we make our money work hard for us? Yep, we have just our regular savings account that doesn't pay very much because Again, anybody can take that out as you know, it's not locked in where we have our better rates are in our certificates You So it's one of those things where a member would tell me, Hey, Terry, here's 1, 000. I'm going to give it to you to have an account. It's called the certificate of deposit. And that's here for, you know, you could do three months on up to 60 months, which would be five years. And when you, when you give that to me and or us here at the credit union, and we lock that in for that. Year or six months. I can give you a better rate because I can turn around and loan it out to ironworkers. That's the way it works on my balance sheet. So if you give me a thousand dollars and say, Hey, I'm going to put it in there for 18 months. What can I get right now? We're at 4. 9 percent on our certificate of deposit. 48 months is a little bit less because the rates are, are kind of bumping around right now. So that's a four year certificate. That's at 375. Our best rates right now are in the 18 months, 12 months, and 24 months. We're looking at right at 24 months, we're at 5%. On the other hand, on the other hand, it comes in. Oh, let me, let me, let me, let me interrupt you. So 5 percent on 1, 000 is how much? Just for simple math, 50, right? Okay. Let me, I'm going to tell you, I'm going to do a loan. When I have to sit and think about it, I can't. So, and you were, you were saying 18 months. So yeah, if you did it for, for 24 months, we'll say you said it was a 5%, right? Yeah. A thousand dollars. That's on my 24 months. I met, so you would roughly earn a hundred dollars, 104. On on that for two years. So yeah, your 50 bucks for one year would be just right about right If you had let's say you had ten thousand dollars you would let me recalculate that you earn a thousand 44 on that in two years. Wow. That's that's interesting. That's money that there's just is from it sitting there Yep. Yep, just sitting there. We also have a club account Which is like a special club account that that's at a half a percent which seems a lot less than 5 percent which it is We also have, if you are bringing new money in that we don't have here at the credit union, there is a little bit of a bump in the certificate rates for that, but you can also call us. We're running a special now for 20, 24 months is at five and a half percent and then 18 months at 5. 4 and 12 months is at 5. 25 percent. We have some options. If people want to run that scenario, like we just did, you know, how much am I going to earn? I could certainly any one of us should be able to calculate that for you really quick and tell you how much you can earn on that money. So basically then it's sitting here at the credit union for those two years, and then I'm able to turn around and loan it out to members, to ironworkers, and that's strictly who borrows from the credit union, their ironworkers, and their families. Let's say you're nine months into this. And you really have to have that money. Maybe it's down payment for a house or you're laid off and you need to get up that money. And you come at us at 10, 000 and you say, Jerry, I need 5, 000 of that money. All it's going to cost you is three months dividends. So on that$5,000, so that thousand$4, you're gonna lose, you know, maybe 90 bucks, let's say to take out that$5,000 might be a little bit more, I'm guessing. But it's not like you can't get to it because you can. But I, I wanted to point that out, that there is a little bit of a penalty if you did have to get to it. Yeah. More people leave it in there, but sometimes stuff happens and you do get to it. And we do have an option. You're not locked into it for life, and it's not ever going to go into your principal balance. So your original 10, 000 is still there. It's just whatever the dividends were for those three months out of that nine. So you'd get six months dividends still. It'd just be three months that you would lose. So a lot of people don't understand that with certificates. So let's say you have a certificate somewhere else. And you're at one and a half percent who got this three years ago or two years ago and it was a five year certificate. You're better off to take the penalty and of losing three months dividends at Wells Fargo or US Bank or wherever else you have that and bring it over here and earn five and a half percent on a two year certificate. It's going to put you in a lot better position if you have a one and a half or one percent certificate or money sitting in somewhere, you know, just look at the penalty to withdraw it and bring it over. Yeah, one of those crappy banks, guys. That's right. Those are non unions. Hey, we're all union here. My staff's a union. We're OPEIU Local 11. Okay, so, you know, we're one of the only credit unions in the United States. There's a few of us, but that actually are union, a union bank that you're banking with and that you can be proud that we're All longtime union members. I've been with them for, I started in 1989 for another little credit union and we were union. So I've been in this for a little bit and I was with OPEIU Local 11 then and still am here at this credit union. Okay. Been there about 25 years with OPEIU Local 11. Okay. Nice. So there you go guys. I mean, Union Ironworkers is getting your money trusted by Union workers. I mean union, union credit union can't get any better than that, right? You don't get your money out of those other shitty banks. Hey, and they don't loan to ironworkers That's the majority of what I really want to get across is who we loan to our ironworkers So if you're proud of who you know, how you've made your money Maybe it's a retiree listening to this today And they're proud of how they made their money and they want to reinvest With ironworkers and get great return Why not bank with the ironworkers credit union because what we truly do is loan to ironworkers. Yeah, and we loan to You know members that are traditionally go to predatory lenders And what I mean by a predatory lender is somebody that's charging 24 to 36 percent Too bad you didn't have that on your certificate, huh? I mean these are like the one main Land handlers, the lending club, if you really look at what you're paying those guys and they're, they're called the predatory lender for a reason. The other thing I had a guy one time call in and he was asking me about a payment that was coming out of his account and it was 120 a week and he thought he could afford 120 a week. And I said, how much is this loan that you got with them? And I don't even remember the amount, but I backed into it. I said, you're paying 400% For this loan, 400%. I think it was a, I want to say it was a 1, 200 loan and he just kept renewing it 400%, but he could afford 120 a week. So he wasn't even thinking bottom line. What am I paying for it? And I said, Oh, no, I'm doing a loan for you right now. And I want you to pay. We're going to pay them off and you pay me and you'll, that 120 bucks is going to be once a month. And in 10 months, you're going to have this thing paid off. And don't promise me you'll never go there again. You'd be surprised how many ironworkers just you know, I, I see this all the time and one of the things people don't know their credit scores and that's another thing you get with the credit union is we give you a score that's like a Credit Karma score, which is a different scoring model through the credit bureaus called the Vantage 3 score and that's similar to what Credit Karma provides you. So you can get away with credit, get away, stop using Credit Karma, and use your Ironworker Credit Union account, and we'll give that to you for free. And I'm not selling your information to any other banks behind me. The same thing with, I provide you with your FICO score every three months, which is truly what we use as the credit union to loan to you. And that's based off of the experience FICO 9 score. It's a little more expensive for us on this side, but we provide that to you for free with your membership. So you can kind of monitor your scoring and figure out what's going on. And that's all in our mobile app or online banking. And. One of the things I found is most people don't know their score, so they assume that it's bad instead of assuming that it might be pretty good. And I've surprised people, like, you actually have a score good enough to buy a house. They didn't ever know that. And so I love being able to provide that to our members and giving them a tool. You, you, you asked about the financial tools. This is another tool that your credit union provides you for free. And it's a great service to just help educate you. And then. You can watch that score go up just like the simple goals that that I talked about with savings You can make those goals with yourself with a home loan too or or with the FICO scores Excuse me to get a home Maybe a lot of iron workers can't can't even imagine that they could get a home and they can you know a 630 score And higher you you should be able to get a home loan. It might be a little bit higher rate So we might want to help you do a few things to get your score up to 680 or 700 You Which then would even provide you a better interest rate on a home loan right now. So there's a lot of things we can do to help. So guys and girls, if you're listening to this podcast and you're driving down the road or you're at work or you're in apprenticeship class welding, where you should be getting your welding certs. If you have any questions financially, Get on the phone and call Terry or call one of Terry's colleagues, staff members that are all educated on how to get you guys work wise and give you the tools to better set yourself up for success. I mean, it's, it's, it's impressive the, the amount of just tools that they have available for you. And I want you to ask yourself if your bank actually gives a damn What you're doing with your money because I guarantee they don't care as much as what Terry's and her staff does I guarantee it Ask yourself that for sure. Yeah, I love that. Thank you. I appreciate that because it is it's heartfelt That's here and I hope people can hear that and feel that over the phone when they when they talk to us that We are here to help You know, we've had lots of conversations with members that, you know, aren't having a good day and just want to call us and have someone to talk to on the other end that we'll listen to them and hope, hopefully help them get through whatever's going on and get to the other side. Cause we always do. We'll always get there. a hundred percent, a hundred percent for sure on that. So we've talked about, let's see, let's go back there. We talked about some financial literacy help. We've talked about a little bit about investing with certificates. What other options do they have as far as investing and, and, and other tools that they can use with the credit union? Yeah. We also have IRAs, which is sometimes people don't think about those right off the bat or, you know, until you're doing your taxes, maybe your tax preparer or somebody says, Hey, have you contributed to something? I know you guys have your annuity and your pension. Yeah. There's also an opportunity maybe of a, a partner at home that doesn't, doesn't work, that you can put money in an IRA for them also, which is an individual retirement account. We have a Roth IRA and the traditional IRA and then the educational IRA. So those are, again, basically all you need to remember after this is just an IRA, we have them at the credit union, and then we can help figure out what you need and, and what your contributions can be for the year. If you're over a certain age, then you can put in a little bit more. They're doing the catch up, which allows us to catch up so that you'll have more money at retirement. It is money that is penalized if you take it out, similar to your annuity. If you take that out, you pay penalties on that. If you're under 59 and a half, so you want to make sure that you're really prepared to put it aside for, you know, when you're retired, because that's what it's geared for. So now I do have a question on that. Now, if say, for instance, and this might be a completely different thing that you guys already have set up, but say I wanted to set up something. So I have two, I have two daughters. One's going to be five in a few days and one just turned one. And. Say I want to set up something for them as a, as a, as an RIA. Huh? IRA. See, I can't even, I don't even, I don't even know. I'm just trying to, there's way too many letters going on Is an IRA best for my daughters to set up now or is it something, I mean to say I wanna send'em to college and, because, I mean, you know, I don't want them to be iron workers nothing. That, there's nothing wrong with being an iron worker, but. You know, send them to college and let them make their choice. But is, is something, do you guys already have something set up or is a Roth IRA IRA? Oh my hell. Or an IRA. Is that the best option or is that an option for that? Or something? We have what's called an educational IRA, which would be set up for a child in that case again, for their education when they get older that, that would be their. You can also do just a regular savings account if you want to start out with that, too, and kind of separate it out. It could be either a separate savings under you, so you have control over it, or you could set it up under your child with you being joint just with the note that you would want to make sure, you know, that they can't get to it before, you know, a certain age if you want to put that requirement on it. We can, you know, make a note of that, that they're not able to get to it until you say, or you sign with them, or whatever, because, because I'm being 16 and come in and want to get all the money out you put in for 16 years, but, you know, there's ways we can help you, we would talk to you and find out what exactly you're wanting to do, you know, if it's something where you want to be the main member and have them be joined. And have it completely separate from you. And then what that would do is give you access to being in the online banking where you could see that account because you're joined on it. Or, you know, there's another spot you go in the online banking. You could transfer to that. It kind of helps you. You know, monitor that account or you could, it depends on if your employer does direct deposit. If it's direct deposit, we could set it up where 5 a week comes out of that paycheck and goes into that special savings or account for your child. Or if it's, if you take a picture of your check and it comes in, we could set up a transfer to automatically happen every Friday. 25 is coming out of your account and it splits out to. You know, your five children or whatever it is. It just, we can, if you can think it, we can do it on this side with the computer, or if you take a remote deposit, you know, you take the picture of your check comes to the credit union. You can call us and say, Hey, can you move it? Or in our online banking app, you can move it yourself. So we have many options for you. Lots of options. Tons of tools. Perfect. Okay. Well, what else? I mean, I mean, what else have you guys got? This is interesting. I'm learning a ton. I hope everybody that's listening is, is, is learning as much as I am. Cause I'm, I'm super interested. I'm going to, I'm going to be calling the credit union tomorrow and bugging you guys and be like, so what's this? And Tara's talking about this. And if anybody listens to this whole thing, which listening about banking probably isn't the most exciting thing in the world, but I will say we have a lot of excited members that have joined. So that makes my heart happy that we are touching people or getting out in front of people that maybe weren't used to a normal, traditional bank that actually cares about them. Cause you mentioned that earlier, you know, like who cares for you like we do? There isn't anybody. I'm going to tell you that right now. We live, breathe and sleep this, or I do anyways my staff thinks I'm crazy, but I have just appreciated what this has done for me. And the members I've met through the years, it's enriched my life and I'm very appreciative of, you know, the, the caring and, and loving members that we have on the other side that are the most hardworking people I've ever met in my entire life. So. I can do this all day. Like I tell people I'll give you a blueprint. You can understand that right? You know members look at that piece of paper with all those lines and it looks like a game to me I don't know. I can't figure that out, but You guys can't That's amazing to me. And then I can do a blueprint for you though of your finances To help you get to those goals. And that's what I think a lot of times people just need to see how can I get there? And that's our job here is to make it easy for an iron worker. You're out there risking your life. Shouldn't have to worry about 40 in dues. Is that getting taken out of my account? We do that for our members here in the Northwest. We do auto dues. They don't have it come out, but you know, some locals take it out differently. I know that it depends on. Which state or which district somebody's in but here in the northwest we actually do auto dues and I take it out of your account. You don't have to think about it. You're risking your life You don't need to worry. Am I going to get suspended over not paying 40 bucks or 80 bucks or whatever it is So that's what I try and instill in my staff too is you have to remember on the other end of the phone It's a member that is, you know worried if they're going to make it home tonight Like let's just Make their life easy and take this stress out of their life. You know, do you need to pay your, your rent auto, auto? You know, is that what you need? Minimally check for you every month. I do that. I got my list of people here on my desk that I didn't pay their rent for him every month because that's amazing for him. You know, I were too many order takers anymore. And you called, you asked for one question and I'm not going to ask you how your day is going. I'm not going to ask you anything. Why not take the time to just find out, well, how's it going? What's the weather like in Austin today? What's the weather like in Nashville? Just have a conversation. And then it gets you to get that person to open up a little bit and tell you what's going on. Why are they stressed? Why are they upset? What, what really is the issue? Stop and listen. You know, I don't know how many times I can. Say that to people. We're here to help. So I don't, I don't know if you could ever say it enough. I mean, I know that as you know, as we've gone through this with the, with the ironworker podcast and everything and meeting new people and across the nation and into Canada and everything. It's like, we hear so many stories. There's so many wonderful like brothers and sisters. I mean, and you know, everybody's got their trials and, and the only thing I want to make sure everybody knows is that there's always somebody to talk to. I mean, I'll pick up my phone. I put my phone number on our, our Instagram page before you guys don't ever want to call and talk to anybody. You now have the credit union, the staff. They'll talk to you. I'll talk to you, you know, whatever it takes to make sure our brothers and sisters are safe that are battling depression or whatever it is. Like there's somebody here to talk to always. So yeah. Well, Terry. Yeah. Thank you. I appreciate you taking the time. And like I said, if anybody listens to this about banking, you know, at least, at least they're going to maybe hear that there is a bank that does care. I don't care if you call it a bank. That's what we are. We're a credit union. We were started in 1960 by 12 iron workers here in the Northwest for a 2 loan. I still have the original two cigar boxes. Over here on my little shelf that started this credit union one was for savings. One was for loans i'm the third ceo of this credit union. The first two were women ahead of me you know, I I know a lot of ironworkers trust me and know that I really am here to help i've got 25 other women behind me now that help ironworkers There was first four of us when I came here. We were down to four of us between the seattle portland and copan office And now there's 26 of us total, and that's just because of Ironworkers telling Ironworkers telling Ironworkers about there's this place out there in the Northwest that cares. And now we're open to the whole United States, which is amazing. You know, we just recently had 500 new members come from Nashville. We're looking at the next group that's going to come on is from Alabama, is who we're in the talks with for their vacation account, are going to come here to the credit union. And then we have the members out of the New England District Council, their vacation comes to us. So we're here to help iron workers. And I just really appreciate the time that you gave me to talk about this little itty bitty credit union in the Northwest. But, you know, we're here for ironworkers and we keep growing to you know, make, make lives better for our members. Well said. I love it. And I, I mean, I'll, I'll end with this, that you guys might be an itty bitty credit union, but you're making a big splash in a, in a big pond. So we do, we at the ironworker podcast, we do appreciate everything you're doing and, and helping ironworkers. I mean, it's amazing. That's all I can say is, and thank you for your time. I know you're, you just flew in what from Texas and got in texting me this morning at like three in the morning. Your time. Yeah. Let's do the podcast today. And I was like, I'm wondering if she ever sleeps, because I'm not, I'm a hundred percent sure there's not enough time in your day. Thank you. I don't a lot of times. I'm worried. I'm worried about on records and what's going on. So I, I feel like I never sleep and I'm always texting myself stuff in the middle of the night wake up when it's peace and quiet and I hear nothing, but ringing in my ears. Then I start thinking about, Oh, don't forget about this and this. That's when it starts. Yep. Yep. All right, Terry. Well, I, again, I appreciate your time. Thank you very much. And one more time for those that are listening. What is the number to the credit union? Yes. It's 8 7 7 7 6 9 4 7 6 6. And then that's ironworkers c.org o And you can check out our website. We have a join today on there. And sometimes we send you a special little box if you come in. Join online. You might see that through Google some of the stuff on Facebook or look it up on Facebook. Some of the stuff members have gotten from us. A little box of flags for coming in on the online channel. So we, we try and send the love out once you get, get up and using us. So check us, check us out. Perfect. All right, guys, go look them up and thanks for listening. We'll talk to you guys later. Bye.

Outro: 44:41

Hey, y'all. Thanks for listening to the podcast. Check us out on our Instagram page at the ironworker podcast and let us know what you thought. Yeah. Stay safe, work hard and live well.