Hi Green,
Congratulations on your new home!* It appears you have Euonymus alatus aka winged euonymus aka burning bush.* Unfortunately in most areas it has become an invasive species.* Scroll down at this first site to #2.*
http://condor.wesleyan.edu/soconnell...tm#station%202
http://www.paflora.org/Euonymus%20alatus.pdf
http://www.invasive.org/browse/subject.cfm?sub=3023
Newt
When weeding, the best way to make sure you are removing a weed and not a valuable plant is to pull on it. If it comes out of the ground easily, it is a valuable plant.