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

Board of Directors

The Board of Directors of Talltree South consists of five members elected by the unit owners of the Association.  The Board:

  • Plans and budgets for ongoing maintenance of the property, including setting the condominium fees to insure proper funding of the budget
  • Contracts for work to ensure proper maintenance and upkeep of the property
  • Establishes and enforces policy, rules, and regulations in accordance with the bylaws, to keep the property a pleasant place to live.

Board terms are staggered to provide continuity.  Each year, some of the seats are up for election.

The Board meets on the second Wednesday of the month at the local elementary school or other nearby location, at 7:00 PM. Meeting notices and agendas are posted on the bulletin boards for your convenience. Whether you are an owner or tenant, you are welcome at the Board meeting.

clock
Copyright © 2017 Tall Tree South Condominium. All Rights Reserved.
Joomla! is Free Software released under the GNU General Public License.


Joomla Template by Joomlashack; Converted and upgraded by Ursa Major Consulting