As you probably know, savings accounts and certificates of deposit (CDs) are paying very low rates these days. After some of Talltree South’s reserve CDs matured, the board was looking for the best rate they could find to reinvest the funds.

We found a good rate at the NASA Federal Credit Union (www.nasafcu.org). We were able to join the Credit Union as a member organization.

As members of Talltree South, you can open a share (savings), draft(checking), IRA, or other account, or apply for a mortgage, car loan, student loan, etc. Credit Unions are member-owned and typically offer better rates than commercial banks. Just go to a branch office (Falls Church is closest)or to the website and indicate Talltree South as your qualifying organization.

Or look them up on the web, at www.nasafcu.com.

 

Things You Should Know

Condominium Fees

The condominium fees, also known as condominium assessments, are your share of the cost of the common expenses: the repair, replacement, and maintenance of what are known as the "common elements" and payment of common utilities and Talltree South's share of the costs of the swimming pool. The "common elements" include the external grounds and parking lots, and the shared portions of the buildings such as the roofs and hallways. The condominium documents include a complete, legal definition of the common elements. A budget is prepared yearly and is provided to each unit owner.

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