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Introducing Park Community Spokesperson Scotty Davenport

We’re excited to announce that Park Community’s spokesperson is none other than current Bellarmine University Men’s Basketball Head Coach Scotty Davenport!  With a distinguished athletics education career and a strong community presence in the Greater Louisville area, we feel Mr. Davenport is a great example of what it means to be not only our spokesperson, but a respected role model among our serving community. You may see him speaking on our behalf in future publications and events as not only our spokesperson, but a fellow Park Community member.

Here is a passage taken from Bellarmine University’s site to better give you an idea just what he’s contributed to the local athletic community:

“On April 29, 2005, Scott Davenport became the 11th coach in Bellarmine’s history, and in six years took Bellarmine all the way to the top by leading the Knights to the 2011 NCAA Division II National Championship. For his efforts, he was named national coach of the year by two different organizations: the National Association of Basketball Coaches and the Division II Bulletin.

In his debut season, Davenport—who inherited a team program that had finished last in the Great Lakes Valley Conference the year before—led his troops to BU’s first .500 finish since 2001, and the first conference tournament appearance since 2002.

The following year Davenport’s charges went 12-15, which included three losses in the NABC Classic at Freedom Hall against NCAA Division I opponents Louisville, Ohio, and Saint Joseph’s. Improvement continued in 2007-08 as Coach Davenport and the Knights once again finished with a winning record at 17-11 and returned to the GLVC Tourney where they lost in the first round to eventual champion Drury.

In the 2008-09 season, Davenport led the Knights to one of the best seasons in Bellarmine basketball history, setting school records for most wins in a season, most games played and highest in-season national ranking. His 26-7 Knights made it to the Sweet 16 of the NCAA Tournament, narrowly losing to the eventual national champion in overtime in the NCAA Midwest Regional Final.

After the successful 2008-09 season, the nation began to take notice of Bellarmine University. Heading into the 2009-10 season, Sporting News tabbed the Knights as preseason No. 1. The Knights would go on to a 23-9 record and win the Great Lakes Valley Conference tournament championship for the first time in program history.

In 2011, everything came together as Davenport led Bellarmine to a 33-2 record while capturing the Knights’ first national championship in any sport. Among the milestones reached by the 2011 squad were best winning percentage, most wins, and most consecutive wins, while recording a third straight 20-win season. His Knights had a 17-1 GLVC regular season record while competing in arguably the toughest conference division in all of college basketball. His colleagues recognized him for this accomplishment by voting him the 2011 GLVC Coach of the Year.

In his six years at Bellarmine, two players have been named to All-America squads, 12 have been named to All-GLVC teams while one has earned conference Player of the Year and another was named GLVC Freshman of the Year.

Prior to coming to Bellarmine, Davenport served nine years as an assistant coach at the University of Louisville under Hall of Fame coach Denny Crum and national championship-winning coach Rick Pitino. He also served a year as an assistant coach on Mike Pollio’s staff at Virginia Commonwealth where he coached alongside Tubby Smith.

Before heading to Louisville, Davenport spent 10 seasons as the head boy’s coach at Ballard High School where he won a state championship in 1988 and coached two future NBA players in DeJuan Wheat and Allan Houston.

A Louisville native, Davenport and his wife, Sharon, have two sons: Russ and Doug, who are both Bellarmine graduates. Russ now works for General Electric in Louisville. Doug, who played four years at Bellarmine, is now a graduate assistant on Chris Mack’s staff at Xavier University”

New Albany Branch Grand Opening

If you haven’t heard, we will be opening a new New Albany branch soon.  How soon? Try this next month!  Sometime around the middle of February, we will open a new location at 4100 Technology Avenue, which is in the Purdue Technology center and right up the road from our current location in Kroger.  Unfortunately, we will no longer be located in Kroger once the new branch opens; however, we want to take this opportunity to thank Kroger for their support and giving us the ability to serve the New Albany area for the last few years.

Here is a map to give you a better understanding of where we will now be located.  Once a date is set for the grand opening, we will update our homepage at parkcommunity.com as well as our Facebook and Twitter pages.

Check Out Our New Rides!

Well they’re technically not new, but they’ve got a new look! If you’ve ever seen us at events such as the Derby, Gaslight Festival, or St. James Art Fair (to name just a few), you’ve probably noticed how bright and colorful we are not just as people… but also by our brand colors!  That being the case, we think you’ll have no problem seeing these Park-o-mobiles blazing on down the highway. If you see one, feel free to come up and say hello and tell us how much you love your credit union!

Click on the pictures to open in a new window

A Short Video From Our Members and Employees

As employees of Park Community, it’s no secret to us that we know that Park is the only choice for all of our financial services; however, perspective sometimes will hinder our grasp on the fact members and potential members have several options when it comes to who they trust with their finances. That being the case, we put together a video that will give you a glimpse into how our members feel about their Park Community experience and how our employees feel about the privilege it is to be a positive part of members’ lives.

2012 Annual Meeting and Board of Directors Election

Come out and join us, cast your vote, and see democracy in action! Remember, credit unions are ran by a board of volunteer directors ready to make decisions in everyone’s interest, unlike a bank’s profiteering board who are more concerned about the bottom line.

Date: Thursday, February 9
Time: 7:00pm
Place: Monogram Hall – GE Appliance Park, Louisville, KY

The nominating committee has submitted the following names for the two positions open:

 • Dennis Munn
• Donald Cummins

If you need directions or have overall questions about the annual meeting or how your credit union works, please e-mail wes.may@parkcommunity.com.

A Video From Park Community’s CEO

With the launch of our new charity debit cards, our CEO Jim Spradlin wanted to reach out to the community and inspire members and nonmembers alike to be aware of two great (and local) charities that you can donate to while getting something in return. For more information, please call 800/626.2870 or visit parkcommunity.com

Did you know we have a Youtube channel?  Favorite us here!

Holiday Gifting with Credit

The old story goes “buy now; pay later,” and Americans have fallen for it in the past.  Buying wants along with needs with money they haven’t yet made, we have become a country of debt.  Oh there are debts that are not only reasonable, but healthy for building credit. Low interest debt such as financing a home or car is much more reasonable than a credit card, or worse, a payday advance.  According to TransUnion, this year alone, 8 million Americans have changed their spending habits and not used credit cards for gift-buying.  That’s all well and good, but what’s the solution when you are on a budget *and* have multiple recipients in mind for holiday gifts?

1. Love Your Credit Union?
Let’s hope so! At lovemycreditunion.org, you can find awesome discounts at places you shop every day AND you earn cash back on all purchases without having to rely on high interest credit cards to do the same for you.

2. Coupons
As a previous blog post will show you, couponing can save you hundreds or even thousands (depending on what you spend)  a year on groceries and other basic human necessities. Look for coupon codes online at sites like retailmenot.com. Shop smart, and let coupons be your boomstick of savings throughout whatever year it might be.

3. Refinancing
You could shave your car or house payment down and pocket the monthly savings if you qualify for a lower rate. Not only that, but equity (home AND auto) loans are much lower in interest than credit cards, payday advances, and other unsecure loans. (We’d love to talk about refinancing if it will save you money, by the way… hintety hint hint)

4. Isn’t number 3 a great idea?!
Yes. Refinancing and equity loans are such an improvement over credit cards, they get TWO numbers. I’ll bet you didn’t see that one coming! ;)

5. Be Patient
Things usually will go on sale… even on days that don’t begin with “black” or “cyber” and end with trampled grandparents or overheated servers!  Going into details about retailers’ markup percentages would probably make you angry, so I’ll just say that the BOGO sales you wait for still make them money. Don’t pay full price unless you’re absolutely sure it won’t go on sale *cough* iPad, anyone? *cough*

If you have questions or would like counseling on setting up a holiday budget, contact Accel, our financial advising service that is FREE to our members!

The Co-Pay Pocket of Maximum Deductible Co-Insurance

Say what?  Confused? That’s how my wife and I felt when we sat down to calculate the best insurance plan for our growing family. Over-insuring is one way you can easily waste your money, but it’s really all about the risk you’re willing to take.

 When choosing our insurance policies, these are some of the things that helped up make our decision:

  1. What does the worst possible situation look like?  If we had to meet our out-of-pocket maximum, would we be able to afford it?  Would it be possible to set that aside in an FSA or HSA?
  2. How much do we actually spend on prescriptions, co-pays, etc?  Is the lower premium worth higher co-pays on prescriptions and physician co-pays?
  3. Join forces on one insurance plan or conquer and divide?  Do either employers charge to add a dependent that has insurance coverage available?
  4. Would taking a lower premium option and putting the difference in an FSA or HSA be beneficial?

 After a couple of nights of looking at the policies with crossed-eyes, we decided to take a more conservative route.  Although we’re not paying less, we’re going to pay about the same even with the addition of our little one.  A lot of companies have an insurance liason, take advantage of them: ask them questions, have them explain it a couple of times, and don’t feel bad about it.  Insurance is written in a different language, and there is no college degree available that makes it any more understandable.  Good luck and good health!

Pictures with Santa!

We’ve put up a schedule of our Pictures with Santa events on our Events and Notices page in case you find yourself on our homepage, but in the meantime, here is the schedule:

Friday, 12/2
Richmond   -   3:00pm - 6:00pm

Saturday, 12/3
Blankenbaker   -   9:30am – 11:30am
Fern Valley   -   9:30am – 11:30am
Lexington   -   9:30am – 11:30am

Friday, 12/9
Berea   -   4:00pm – 6:00pm
Goldsmith   -   3:00pm – 6:00pm

Saturday, 12/10
Dixie   -   9:30am – 11:30am
Hillview   -   9:30am – 11:30am
Clarksville   -   9:30am – 11:30am

Friday, 12/16
515 W. Market St.   -   3:00pm – 6:00pm
New Albany (inside Kroger)   -   11:00am – 2:00pm

Saturday, 12/17
Shepherdsville   -   9:30am – 11:30am

Not only are these pictures completely 100% absolutely FREE, you even get a great deal on opening any youth account with this coupon. Pretty sweet, right?

Have any questions about Pictures with Santa? Send us an e-mail!