How much will yousave on your car payment?

A Quarterly Publication
Spring
14
How much will you save
on your car payment?
(you could reduce your monthly payment by up to $100)
TRANSFER YOUR AUTO LOAN TO ABCO & YOU COULD RECEIVE
3 BELOW
%
APR*
YOUR CURRENT RATE OR MORE**
Find out how much you could
save by refinancing/apply online
at goabco.org/mycarpayment
or ask your teller
*APR=Annual Percentage Rate
**Sorry, no rates lower than 2.49% APR. ABCO car loans excluded. Some vehicles
will not be eligible for refinance. Not all will qualify. Normal underwriting guidelines
apply. Offer ends June 20, 2014.
goabco.org • 800-225-1859
*APR=Annual Percentage Rate. This is the credit union’s best rate. Rates will vary based on credit worthiness, the type and length of the loan,
amount financed and lending guidelines. Contact us for complete details.
Federally insured
by NCUA
P.O. Box 247 • Rancocas, NJ 08073-0247
Big City Efficiency…Small Town Friendliness
IMAGE.WORKS
53719
PAID
PRSRT STD
U.S. POSTAGE
Thinking of
a home?
If you are thinking of a new home, now may be the ideal time to
buy—there is still a large selection, and rates are still affordable.
Before you start looking, contact a Lending Specialist at ABCO to
get pre-approved. By getting pre-approved for a certain amount,
you will have many advantages. It will:
• Save you time shopping when you know how much
you can afford.
• Put you in a better bargaining position to secure your
“dream home” faster.
Contact a Mortgage Lending Specialist at 800-225-1859 for your
personal pre-approval.
BUYING A HOME
If you found your “dream” home and need financing, we can
help. When you finance with ABCO you can be confident that
you will receive:
• Competitive rates
• Minimal closing fee
• Low down payment • A variety of financing options
for qualified borrowers
MORTGAGE OPTIONS
• Conventional Fixed-Rate Mortgages
• Adjustable-Rate Mortgages
• FHA (Federal Housing Administration) Loans
More information and an application form is available online at
www.goabco.org/mortgages
I NSURANCE S ERVICES
888-439-0770
www.goabco.org/insurance
OFFERED BY:
Available Now!
Teachers’ Insurance Plan of NJ Auto Insurance Discount
Special low discount rates are now available for people who work for or
are retired from an accredited NJ school, district or diocese, or
who are a member of an NJ Parent Teachers Association.
You don’t have to wait until your current policy expires
to start saving on your rates.
Not in the education field?
You can still save. Ask us about other insurance plans
for auto, vehicles (truck, van, motorcycle, SUV), home, even your pet!
Insurance products are offered through various insurance companies in association with CU Financial Service Group, LLC, a wholly-owned subsidiary of ABCO Federal Credit Union
(ABCO FCU). ABCO FCU provides insurance products and services through CUFIG to members and non-members without opinion to the product or service provided.
Insurance products are not federally insured and not obligations of ABCO FCU, CUNA or any other affiliated entity.
For complete details and a quote contact us: Phone: 888-439-0770 • Email: [email protected]
Your Credit Report
MAILING ADDRESS
P.O. Box 247, Rancocas, NJ 08073-0247
goabco.org
LIKE US
PHONE (ALL LOCATIONS)
800-225-1859
MEMBER CARE
Email: [email protected]
24/7 TELEPHONE BANKING
800-808-2226
OTHER SUPPORT NUMBERS
Visa® – Evenings, Weekends and Holidays
Visa® Credit Card........................800-453-4270
Visa® ATM/Check Card..............800-523-4175
Bill Payer........................................877-760-6004
OFFICE LOCATIONS
WILLINGBORO AREA
MAIN OFFICE
FULL SERVICE BANKING CENTER
690 Beverly-Rancocas Road
LENDING CENTER
Most loans are based on a person’s “credit worthiness”—the ability to repay the loan. Credit
worthiness is based on many factors, primarily your income, assets and credit score. Most
lenders use these factors to determine whether to give you credit, how much they will lend
and at what rate.
The first thing to do is know your credit score. You can obtain a free credit report from
www.AnnualCreditReport.com. This central site allows you to request a free credit
file disclosure, commonly called a credit report, once every 12 months from each of the
nationwide consumer credit reporting companies: Equifax, Experian and TransUnion.
AnnualCreditReport.com is the official site to help consumers obtain their free credit report.
Do not be taken in by other sites that charge a fee. You can get the same information for free.
Once you have these reports review them carefully. According to Rod Griffith, Director
of Public Education for Experian (one of the three reporting agencies), “Look over your
credit report and make sure everything is correct and that there are no signs of fraud or
identity theft. You need to know what is in your report.” If you see such things as reporting
inaccuracies, incorrect late payments or incorrect account information, report it immediately.
You can dispute in writing almost anything you think is negative. This can be seen by people
reviewing your score. Clearing up these details may improve your score. Of course, it is
imperative to report possible identity theft or fraud immediately.
Word of caution—the credit report is to be used as a guide only. There are many different
ways that information is reported. While the number score used by ABCO may not be exactly
the same as in the reports, you will have a good idea where you stand “credit wise” and you
may stop identity theft.
When you apply for a loan at ABCO, we will let you know your score and how we calculated
it. At ABCO our goal is to find you the right loan at rates and terms you can afford.
FIVE TIPS TO BOOST YOUR CREDIT SCORE
Pay your bills on time. Late or missed payments, foreclosures and bankruptcies have the
greatest negative effect.
East Ridge Shopping Center
621 Beverly-Rancocas Road
Keep debt in check. Try to keep account balances below 50% of your credit limit. Example:
If you have a $2,000 limit, keep the outstanding balance less than $1,000.
RANCOCAS VILLAGE
Keep accounts open. Closing old accounts—especially ones with a good payment
history—shortens your credit history and lowers your score.
215 Main Street
BRANCH OFFICES
ATLANTIC CITY
2652 Atlantic Avenue
BROWNS MILLS
81 Pemberton-Browns Mills Road
COOPER HOSPITAL
(Hospital Employees Only)
1 Cooper Plaza, Camden
EGG HARBOR TWP.
6716 Black Horse Pike, Suite 8
GLASSBORO
Doubletree Center, 870 Delsea Drive
Avoid excessive inquiries. A lot of new credit requests—in a short period of time—can
reduce your score.
Keep a healthy mix of credit. Vary the types of credit—auto loan, credit cards,
mortgage—secured and non-secured. All of one kind can raise a flag.
LITTLE OR NO CREDIT HISTORY?
Have you heard the phrase, “to get credit you need credit”? At ABCO, we can help. We have a
Credit Builder Loan with no credit check. Taking out a small loan and building a savings habit
will start you on the road to obtaining your credit history.
Credit Builder Loan Amount Increased
MOUNT HOLLY
76R High Street
Borrow $2,000
RIDER UNIVERSITY
Ground Floor of the BLC
Next to University Bookstore
FOR CURRENT HOURS OF OPERATION
AND DIRECTIONS TO OFFICES
Go online @ goabco.org or call us.
ABCO FCU’s ROUTING
AND TRANSIT NUMBER
2312-7827-4
NO Credit Report
Fast Approval
Easy Qualifications
12 months
Rate: 17% APR*
Term:
Apply today online at goabco.org/creditbuilder
or contact us in person or by phone.
*APR=Annual Percentage Rate. **Easy Qualifications: Must be employed for at least one year. Agree to payroll deduction for loan repayment. Have
no other loans or credit card balances with ABCO. Agree to opt out of Privilege Pay. Agree to have $20.00 per month deposited into an ABCO savings
account. Not a guarantee of financing. Loan subject to Lending Department approval. There is a $35.00 processing fee.
ABCO FCU is not responsible for typographical errors, omissions or misprints in this publication.
1%
CASH
Introductory rate
of 6.75% APR* on
balance transfers
for the first
6 months**
BACK
ON BALANCE TRANSFERS
FOR A LIMITED TIME***
Visa® card features
• Fixed rates as low as 6.75% APR*
• No annual fee on most cards
• Earn reward points on purchases
• No balance transfer fee
Apply online at
goabco.org/visa
Spread the Word!
Let your family members know. If they are not members, all are
eligible to join, apply for an ABCO Visa®, receive a low balance transfer
rate and receive 1% Cash Back. Remember at ABCO there is
NO BALANCE TRANSFER FEE!
Let your co-workers know, too. Chances are they can join. Tell them to ask us!
Hurry—Cash Back and low balance transfer rate ends June 20th.
*APR=Annual Percentage Rate. **After the 6-month introductory period, rates will vary based on credit worthiness. The current range is 6.75% APR-17.00% APR as of 03/15/14. This range is subject
to change based on market conditions. Normal underwriting guidelines apply. Existing ABCO credit card balances do not qualify for the introductory rate. ***1% of the approved balance transfer
amount will be deposited directly into your Primary Savings Account. Existing ABCO credit card balances do not qualify for cash back reward. Not eligible for points. Offer ends June 20, 2014.
Great News!
Our mobile app is now available.
ABCO Mobile Banking is now available
for Apple® and AndroidTM phones.
Download the free app at the Apple® or
Google Play™ store by simply searching “ABCO.”
To use the ABCO app, you must be
registered for Online Banking, since Mobile
Banking uses the same security questions
and PIN as Online Banking.
Not yet registered for online banking? Visit
goabco.org/onlinebanking. Set-up will take
just a few minutes. Be sure to have your
member number handy.
The functions that can be performed with the app at this time are:
View account balances and activity • Transfer funds between ABCO Accounts • Locate a branch or ATM
Some helpful hints:
• To move between accounts, slide your finger left on your screen.
• To go back to the main menu, place your finger on the bottom of your screen and slide
the menu up.
• There is an alternate skin for the app available called “icon.” You can switch between the “dial”
and “icon” skins by going to the Settings menu.
Any other questions, please contact Member Care.
With our Free Mobile App and
Free Online Banking you are
ready to go ABCO for 24/7
access to your accounts on your
computer and on your phone.
Coming Soon
Mobile Deposit
Time
For Your
Retirement
Checkup!
Does your 403(b) or ABP Retirement
Plan have that rosy, healthy glow?
Make sure you are saving enough for a “healthy” retirement.
Contact the experts for a free “checkup.”
A Wholly-owned Subsidiary of
ABCO Federal Credit Union
888-439-0770
Email: [email protected]
We have over 40 school districts, boards of education and colleges/
universities that have over $72 million in assets under management
with CU Financial Insurance Group, a wholly-owned subsidiary of
ABCO Federal Credit Union.
403(b) Plans – Participating School Districts/
Boards of Education:
Alloway Township
Atlantic City
Atlantic County Vocational Tech
Beverly City
Brigantine
Burlington Township
Cape May County Tech
Camden Academy Charter School
Camden Promise Charter School
Camden Pride Charter School
Delran Township
East Windsor Regional
Eastampton
Egg Harbor Township
Evesham
Franklin Township
Gloucester County Special Services
Gloucester County Vocational
Hainesport Township
Hamilton Township
Katz Charter School
Logan Township
Merchantville School District
Monroe Township
Moorestown Township
Mount Holly Township
Mount Laurel Township
Pemberton Township
Pitman
Pittsgrove School District
Quinton Township
Stone Harbor
Tabernacle Township
Trenton
Washington Township
West-Windsor Plainsboro School District
Westampton
Willingboro
Woodstown-Pilesgrove School District
ABPs (Alternative Benefit Plans)
Participating Colleges & Universities:
We offer a free Educator’s Financial Analysis to both individuals and
school districts/boards of education/colleges and universities.
Securities offered by Registered Representatives of ING Financial Partners, LLC (IFP), member SIPC. Investment Advisory Services offered by
Investment Advisory Representatives of IFP. Insurance sold through licensed insurance representatives of various companies in association with CU
Financial Insurance Group, LLC (CUFIG), a wholly-owned subsidiary of ABCO Federal Credit Union. ABCO Federal Credit Union and its subsidiaries
are not corporate affiliates of IFP. Nondeposit investment products are not federally insured, not obligations of the Credit Union, not guaranteed by
the Credit Union or any affiliated entity, involve investment risks, including the possible loss of principal and may be offered by an employee who
serves both functions of accepting member deposits and selling nondeposit investment products. IFP products are not offered, recommended,
sanctioned or encouraged by the NCUA or the Federal Government. P.O. Box 221, Rancocas, NJ 08073; phone 1-888-439-0770; fax 856-439-1199.
You can’t afford to wait to ensure a “healthy” retirement.
Contact us and get started today!
Atlantic Cape Community College
Burlington County College
Camden County College
College of New Jersey
Gloucester County College
Rowan University
Salem Community College
Stockton University
If you do not see your place of employment,
contact us. We are adding new groups constantly.
✁
Yes, I would like to get a Free Educator’s
Financial Analysis “checkup” from
CU Financial Insurance Group, a
wholly-owned subsidiary of ABCO
Federal Credit Union.
Name
Complete the form at right
and fax to Eric Lorenz:
609-261-4785
Home PhoneCell PhoneBest Time To Call
Or send an email with your
contact information to:
[email protected]
I have an existing (check one)
Address
Email Address
I work for
403(b)
ABP
I do not have either a 403(b) or ABP plan
but would like information.
FREE $10.00 WaWa gift card when you come in for a Free Analysis. One per appointment.
goabco.org • 800-225-1859