California Teachers Association

August 2014

Issue link: http://educator.cta.org/i/358877

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Take note W E C O M B T H E M E D I A D A I LY for the best quotes and statistics about public education. If you discover a quote or stat you think we should highlight, send it along with your name to editor@cta.org. Quotes & Numbers "TEACHERS ARE NOT THE PROBLEM IN OUR SCHOOLS, THEY ARE THE SOLUTION." —California State Superintendent of Public Instruction T O M T O R L A K S O N , reacting in Education Week to the June 10 Vergara lawsuit ruling. "WE KNOW WHAT IS AT STAKE, AND IT IS WHY WE ARE EDUCATORS. IT IS WHY WE ARE FEARLESS AND WHY WE WILL NOT BE SILENT." —NEA President-elect L I LY E S K E L S E N G A R C Í A , speaking about several public education challenges at the July 152nd annual meeting and 93rd NEA Representative Assembly to thousands of delegates in Denver. She takes office Sept. 1. "Vergara was the straw that broke the camel's back. The secretary's response to the Vergara ruling—it was just shameful. And it underscored his lack of understanding." —CTA President D E A N E . V O G E L , explaining to Education Week what led to a CTA-proposed resolution calling on U.S. Secretary of Education Arne Duncan to resign being approved at the recent NEA Representative Assembly meeting in Denver. Duncan supports Vergara's attacks on teacher rights. The Numbers World ranking of California's $2.2 trillion economy, putting the state ahead of Russia and Italy, according to the Center for Continuing Study of the California Economy in Palo Alto. 8th P L A C E Percentage of California households earning less than $20,000 annually that have vital broadband Internet connections, a July Field Poll on the "digital divide" found. Nearly 90 percent of Californians aged 18-29 who graduated from college or whose household incomes are $60,000 or more have broadband at home. 53 P E RC E N T Number of financially distressed school districts out of the state's 1,038 districts and other school agencies, down from 92 being in financial jeopardy one year ago, the California Department of Education announced in June. 30 D I ST R I C T S Know & Tell C O M P I L E D B Y M I K E M Y S L I N S K I 18 www.cta.org Proudly endorsed by: $100 NEW ACCOUNT BONUS To earn the $100 New Account Bonus, simply perform all of the following for two statement cycles, starting the month following your account opening: 1) 10 (ten) debit card transactions per statement cycle (PIN or signature-based, not including ATM transactions) 2) 1 (one) direct deposit or automatic debit/credit per statement cycle. This can include Bill Pay payments 3) Enroll in online banking and e-Documents 4) Provide a valid email address Open a New Account with Checking and Earn $100! TERMS & CONDITIONS: You must be a new member, 18 or older and reside in California. You are not eligible if you are a current owner or signer on a Provident Credit Union personal or business account or if you have been an owner or signer on a Provident Credit Union personal or business account within the last six months. One New Account Bonus per household/business. To be eligible, you must open one of the following checking accounts: Super Reward Checking, Provident Checking, Simply Free Checking, or Col- lege Checking; all other checking accounts are not eligible for the bonus. Provident will fund your Membership Savings account with $5.00 at ac- count opening. The minimum balance for the Savings is $5.00. You must fund your Checking account within the first 60 days of account open- ing with a minimum deposit of $25. If you fail to fund your Checking account within the first 60 days you are no longer eligible for the New Account Bonus and your account(s) will be closed. In order to qualify for your New Account Bonus your account must be ac- tive and in good standing for two consecutive statement cycles following the month that your account is opened. Your account is deemed active by: (1) performing 10 (ten) debit card transactions per statement cycle (PIN or signature-based, not including ATM transactions), AND (2) performing 1 (one) direct deposit or automatic debit/credit per statement cycle. This can include Bill Pay payments us- ing Provident's online Bill Manager, AND (3) enrolling in Provident's online banking service and e-Documents, AND (4) providing a valid email ad- dress. If your account remains inactive after 90 days from account open- ing you are no longer eligible for the New Account Bonus. IMPORTANT: All transactions must be posted within the statement cycle which begins on the last business day of the previous month and ends on the second to last business day of the current month. Your account is in good standing if you: (1) demonstrate responsible account management—such as making regular deposits to bring your account to a positive end of day balance at least once every 30 days (including the payment of all credit union fees and charges); (2) avoid ex- cessive overdrafts suggesting the use of Courtesy Pay as a continuing line of credit; (3) there are no legal orders, levies or liens against your account. New Account Bonus: We generally pay the New Account Bonus by cred- iting your Provident Credit Union Checking account. If Provident funded your savings account at account opening, you will receive the difference between your initial $5.00 Savings account bonus and the stated bonus within 120 days of account opening. We may report the value of the New Account Bonus to the IRS and any applicable taxes are the responsibility of the member. © 6/2014 PCU (800) 632-4600 / providentcu.org

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