|As you may have heard, effective April 1, 2021, your contributions to the Oregon-Washington Carpenters-Employers Vacation Savings Trust Fund (Vacation Fund) will no longer be held and distributed by the Fund administrator (The William C. Earhart Co.). Instead, your contributions will be sent to Qualstar Credit Union, where you will have more immediate access to those funds. We currently serve over 13,000 Carpenters, and are excited to have the opportunity to serve even more members of the Carpenters Union.
As a member of Qualstar, your Vacation Fund contributions will be automatically deposited into a “Vacation Fund Access” account in your name at the credit union, within one business day after we receive remittance from the Fund administrator. We hope these Frequently Asked Questions (FAQs) will answer all of your questions about this change and how your Vacation Fund account will work once the change is implemented.
In order to activate your Qualstar account, please complete the membership application online as soon as possible. (A fillable PDF is also available on this web page if you prefer to print a copy and mail it to the address provided on the form.):
Once we receive your completed application, your Qualstar membership will be established and allow you convenient access to your Vacation Fund account. You will receive a new member letter, which will include your account number; and a welcome email with links to disclosures and information on our other products and services, including Mobile (iPhone or Android) and Home (desktop PC or laptop) Banking.
If you do not return a completed application to establish Qualstar membership, you will not have immediate access to your Vacation Funds. Instead, you will need to call us at the number below to request a check each time you want a distribution of your Vacation Fund contributions.
We are pleased to partner with the Oregon-Washington Carpenters-Employers Vacation Savings Trust, and look forward to providing you with all the benefits of Qualstar membership. If you have questions, please call us at 1-800-848-0018.