LCCU Response to COVID-19
Latvian Cleveland Credit Union
LATVIAN CLEVELAND CREDIT UNION RESPONSE TO COVID-19
Dear valued Latvian Cleveland Credit Union member,
As the world around us swirls with panic and uncertainty, the LCCU Board and employees want to
strongly reassure you we are open for your continued daily business and transactions. Your hard
earned money and your loans are safe in our custodial care, and are available to you at all times .
We are deeply committed to servi ng our members and will take all appropriate measures to ensure
your physical and financial well-being.
Our response, and comment, regarding to COVID-19:
• To protect our members and employees, we are frequently disinfecting the LCCU common counter
and our work stations.
• We are vigilantly monitoring, and implem enting, government CDC issued guidelines on how to
protect you.
• Our current CD rates remain at the top of the market, and our loan rates are very competitive
, despite fluctuations in the stock market and Federal Reserve Board actions.
We kindly ask of our members to please:
• Keep yourself informed of latest government guidelines on personal hygiene, especially
frequent hand washing. Don't just think about it, actually do it, frequently, and correctly! This
respectful action keeps your fellow members and our employees safe.
• The services the credit union offers can be "touchless" if you choose, for your transactions:
o Call us 216-228-1996 for transactions
o Bank to bank transfers via ACH, loan payments
o Online banking, bill pay
o Drop box for cash and checks at 1385 Andrews Avenue in Lakewood, OH 44107
o ATM cards for cash withdrawals and purchases
o Mail
• If you have a fever, please stay home! Be respectful to your fellow members and our
employees . Call us and we will do our best to accommodate your needs!
We will continue monitoring the CDC situation as it unfolds. We thank you for your continued
patronage, and patience, during this challenging tim e.
Thank you,
The Board of Directors and CEO of the Latvian Cleveland Credit Union
1385 Andrews Avenue • Lakewood,Ohio 44107
Phone: (216) 228-1996 • Toll-Free: 800-577-1996
www.latvianclevelandcu.org
Free Credit Report
Did you know that you can request a free credit report once a year from the three major credit reporting agencies: Equifax, Experian, and TransUnion? The credit reports are available online at www.annualcreditreport.com or by calling 1-877-322-8228. You may want to request your reports one at a time (every four months) from each of the agencies. Remember, if you order all three credit reports at the same time, you will not be eligible to request them again until twelve months, or one year, has passed since your first request from each credit reporting agency. By staggering your reports, you can monitor your credit throughout the year without having to pay for a report. Note: Your credit score is not included with your credit report. You can purchase your credit score when you request your free annual report for a fee.
Form 1099 and Form 1098
2022 Form 1099
You will be receiving a Form 1099 for 2022 of interest earned on your savings account(s) under a separate mailing before January 31, 2023. You will receive this form if the total interest paid to you was over $10.00. If you use online banking, a copy of your 1099 form(s) will be housed for the whole year under the tab "Statements and Forms". Click on "tax forms" for your copies.
2022 Form 1098
You will receive a Form 1098 if you have a first or second mortgage with us. This form will be mailed to you under separate cover before January 31, 2023. You will only receive this form if the total mortgage interest paid was over $600.00. You will not receive a Form 1098 if the total mortgage interest paid was less than $600.00! If the amount paid was less than $600.00, please use your December 31, 2022, statement for mortgage interest paid for the year for tax reporting purposes. As with the Form 1099, a copy of your 1098 form will be housed in your online banking.
