May 2016 NEFCU News

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MAY 2016
Debit Cards
New NEFCU
with EMV Chips are on the Way!
NEFCU continues to utilize the
latest technology to safeguard
your account information. In late
2014, we launched our new VISA
Credit Cards with an EMV chip for
added security. The chip in the
card is encrypted and provides
stronger protection against fraud.
In October 2015, we expanded
our use of this technology by
incorporating EMV chips into our
debit card as well. Members
began receiving the new chipenabled cards when their current
card was up for renewal, or they
opened a new account. By the
end of June 2016, all eligible
members will receive a new
NEFCU Debit Card with EMV
chip technology to make your
purchases more secure.
Below is important information for
members who will be receiving their
initial EMV card:
WHAT YOU SHOULD DO NEXT
WHAT’S CHANGING
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Your 3-digit security code on the
back of your card
Your card’s expiration date
At chip-enabled terminals and
ATMs, card stays in the terminal
until transaction is complete
WHAT’S NOT CHANGING
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Your card number
Your personal identification
number (PIN)
The accounts tied to your card
The card still has the magnetic
stripe so you can use it at
traditional card readers
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ACTIVATE your new card
immediately
Destroy your old card
If you have any merchants who
automatically bill your debit
card, please send them your
new card information when it
arrives (your card expiration date
and 3-digit security code)
For additional details on the chip card,
please check out the FAQs and
EMV video available at:
myNEFCU.org/emv-chip-card
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Spring Specials are Blooming
Here at NEFCU!
Important
Dates
HOLIDAY CLOSING
Memorial Day
n MONDAY, MAY 30, 2016
*
APR=Annual Percentage Rate. Stated rate of 0.99% is fixed for the first 6 months, then as low as Prime thereafter. Prime Rate as of 4/1/16 is 3.50%
APR. NEFCU debt cannot be refinanced. Home Equity Lines are made on primary residences in New York State only. (Sample Home Equity closing costs for
Nassau are approximately $1,145 on a loan of $50,000.) Consult a tax advisor for tax deductibility. Approval based on credit history. Rates are subject to
change without notice. Ask for details.
**
Stated rate applies to the initial 20-month Certificate only. A one-time “bump” is allowable during the initial 20-month term of the Certificate to a
1-year Certificate rate which will affect the yield/rate only. At maturity, this Certificate renews automatically as a 1-Year Certificate at the APY then
in effect, without any rate bump feature. Rate is subject to change without notice.
***
APY = Annual Percentage Yield. Assumes funds remain on deposit for a full year. Penalty may apply for early withdrawals from Certificates.
Fees could reduce earnings on the account.
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COMMUNITY CORNER
CONGRATULATIONS TO
Supporting MDA
The 2016 Making a Difference
College Scholarship Recipients:
NEFCU is proud to once again partner
with the Muscular Dystrophy
Association (MDA) to send children
living with the disease to Camp
Oakhurst, a handicap-accessible
summer camp in Oakhurst, NJ from
August 7th – August 12th. If you would
like to support this special cause with a
tax-deductible donation, MDA
Summer Camp Mobiles will be
available for purchase in our
branches May 2nd – June 3rd.
Any and all donations are welcome.
Savelios Aslanidis – SUNY Empire State College
Paul DeSantis – Drexel University
Samantha Frosch – Centenary College
John Pflug – Washington and Lee University
Christina Sharkey – Oklahoma State University
and
The 2016 Making a
Difference Community College
Scholarship Recipients:
Mobile
Banking
Update
In May, Apple device users will see new
enhancements:
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New look and feel
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Enroll on your Mobile device
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Quick balances – check balances
without logging in
Apple Pay™ is Here!
Have you signed up for Apple Pay™?
It’s simple to use and works with both your
NEFCU Debit and Credit Cards. To learn
more, view our informative video at:
myNEFCU.org/apple-pay
Plus, Android and Samsung Pay will be
available later this year.
Shredding and
Technology
Disposal Day
Bailey Choy – Broome Community College
Joseph Fodera – Suffolk Community College
Christina MacDougall – Suffolk
Community College
Spencer Ramert – Nassau Community College
Tiarra Smith – Nassau Community College
Follow us on:
Date:
Saturday, May 21, 2016
Time:
9:30am – 12:30pm
Location: Massapequa Branch
5455 Merrick Rd
For more information, please visit the
community section of our website at:
myNEFCU.org
Equal Opportunity Lender
We make loans without regard to race,
color, religion, sex or national origin.
w w w. my N E F C U. o r g
•
(516) 561-0030
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