3.75% APR* - Times Federal Credit Union

Privacy Notice
Times Federal Credit Union, your
member owned financial institution,
is committed to providing financial
products and services to meet your
needs and reach your financial goals.
We are equally committed to protecting
our members’ privacy. You can be
confident that your financial privacy is
a priority of this credit union. We are
required by law to give you this privacy
notice to explain how we collect, use
and safeguard your personal financial
information. If you have any questions,
please contact the credit union at (808)
831-0986.
Information We Collect and Disclose
About You
We collect nonpublic personal
information about you from the following
sources:
• Information we receive from you on
applications and other forms;
• Information about your transactions
with us or others;
• Information we receive from a
consumer reporting agency;
• Information obtained when verifying
the information you provide on an
application or other forms. This
may be obtained from your current
or past employers, or from other
institutions where you conduct
financial transactions.
We may disclose all the information
we collect, as described previously
and as permitted by law, to companies
that perform marketing services on our
behalf or to other financial institutions
with whom we have joint marketing
agreements. To protect our members’
privacy, we only work with companies
that agree to maintain strong
confidentiality protections and limit the
use of information we provide. We do
not permit these companies to sell the
member information we provide to other
third parties.
In order to conduct the business of
the credit union, we may also disclose
nonpublic personal information about
you under other circumstances as
permitted or required by law. These
disclosures typically include information
to process transactions on your behalf,
conduct the operations of our credit
union, follow your instructions as you
authorize, or protect the security of our
financial records.
If you decide to terminate your
membership with Times Federal Credit
Union, we will not share information we
have collected about you, except as
permitted or required by law.
How We Protect Your Information
We restrict access to nonpublic
personal information about you to
those employees who have a specific
business purpose in utilizing your
data. Our employees are trained
in the importance of maintaining
confidentiality and member privacy.
We maintain physical, electronic, and
procedural safeguards that comply with
federal regulations and leading industry
practices to safeguard your nonpublic
personal information.
What You Can Do to Help Protect
Your Privacy
Times Federal Credit Union is
committed to protecting the privacy of
its members. Members can help by
following these simple guidelines:
• Protect your account numbers,
card numbers, PINs (personal
identification numbers) and
passwords. Never keep your PIN
with your debit or credit card which
can provide free access to your
accounts if your card is lost or
stolen.
• Use caution when disclosing your
account numbers, social security
numbers, etc. to other persons. If
someone calls you, explains the
call is on behalf of the credit union
and asks for your account number,
you should beware. Official credit
union staff will have access to your
information and will not need to ask
for it.
• Keep your information with us
current. It is important that we
have current information on how to
reach you. If we detect potentially
fraudulent or unauthorized activity
or use of an account, we will
attempt to contact you immediately.
If your address or phone number
changes, please let us know.
LOAN RATES
Auto Loan ...................... Rate.......APR*......Maximum Term
New/Used Vehicles......... 4.75%.....4.75%*.........1 to 4 years
New/Used Vehicles......... 5.75%.....5.75%*.........5 years
New/Used Vehicles......... 6.75%.....6.75%*.........6 years
New/Used Vehicles......... 8.00%.....8.00%*.........7 years
Auto Loan Rates are based on vehicles not older than 4
years.
Auto Rates with an asterisk(*) deduct additional 0.25% with
Direct Deposit
7 year loan - for vehicles financed over $30,000.00
Signature Loans 4th Quarter Loan Special: Some
Restrictions Apply
1 year...................................3.75%..........3.75%*
2 years.................................4.00%..........4.00%*
3 years.................................5.25%..........5.25%*
4 years.................................5.50%..........5.50%*
5 years.................................6.00%..........6.00%*
6 years.................................6.50%..........6.50%*
Loan Rates Effective July 1, 2013
Share Draft Line of Credit ........14.50%........14.50%
Savings Secured Loans
Savings Secured (100%)
(savings rate plus 3.00%)....3.10%..........3.10%.... up to 12
years
Savings Secured (50%).......8.50%..........8.50%.... up to 5
years
All Loan Specials are identified with an asterisk (*) (Limited
Time Only!) Share Secured Loans - Dividend Rates plus
3.00%
LATE CHARGES: You agree to pay a late charge of 5% of
your payment if any advance is past due 5 days or more.
The minimum late charge fee is $10.00. The rates are
effective as of the date listed and may change anytime as
determined by the Board of Directors.
*APR = Annual Percentage Rate
Savings Rates Effective July 1, 2013
Account Type.................. Rate............APY*........... Minimum
Shares (Savings)............ 0.05%..........0.05%......... $100.00
Shares (Savings)............ 0.10%..........0.10%......... $20,000.00
Shares (Savings)............ 0.10%..........0.10%......... $50,000.00
Shares (Savings)............ 0.10%..........0.10%......... $100,000.00
Share Draft (Checking)... N/A..............N/A............. N/A
Christmas Savings.......... 0.10%.......... 0.10%........ N/A
Certificate Rates Effective April 1, 2013
Account Term.................. Rate............APY*........... Minimum
6 month Certificate......... 0.05%..........0.05%......... $2,500.00
1 year Certificate............ 0.10%..........0.10%......... $1,000.00
2 year Certificate............ 0.10%..........0.10%......... $1,000.00
A penalty is imposed for early withdrawal
*APY = Annual Percentage Yield
October 2013
Credit Unions:
Founded on
Cooperation
W
hy do 200 million
people worldwide
choose credit unions?
Because credit unions unite
for the good of their members
to create opportunities for
families and strengthen
communities. On October 17, 2013, join
credit union members around
the globe in celebrating
International Credit Union
Day® and experience the credit
union difference.
To celebrate International
Credit Union Day, we will be
serving refreshments in our
lobby so come and visit us! We
also encourage you to bring in
family or coworkers so they
can join Times FCU and enjoy
the benefits of credit union
membership.
Happy Holiday Loan!
Malls are Hopping
People are Shopping
Have the Best Holiday
Season ever with a loan
for up to $25,000 at an
unbelievable interest rate:
3.75%
APR*
*APR = annual percentage rate
No signature loan
restriction based on income
for this loan special. Simply
apply, qualify and start
shopping! (Some restriction do apply.)
All rates are subject to change. If you have any questions or
need additional information, please call (808) 831-0986 or
email us.
If you have any questions concerning
this notice, please do not hesitate to
call us – we are here to serve you.
Treat yourself and your family!
!
ristmas Tree
h
C
e
th
r
e
d
r un
Put a new ca
Don't fall victim to automatic debit scams
F
raudulent telemarketers
have found yet another
way to steal your money,
this time from your checking
account. Consumers across
the country are complaining
about unauthorized debits
(withdrawals) from their
checking accounts.
Automatic debiting of your
checking account can be a
legitimate payment method;
many people pay mortgages or
make car payments this way. But
the system is being abused by
fraudulent telemarketers.
If a caller asks for your
checking account number or
other information printed on
your check, follow the same
warning that applies to your
credit card number — do not
give out checking account
information over the phone
unless you are familiar with the
company and agree to pay for
something.
Remember, if you give your
checking account number
over the phone to a stranger
for "verification" or "computer
purposes," that person could
use it to improperly take money
from your checking account.
HOLIDAY SCHEDULE
Discovers Day - Oct. 14
Veterans Day - Nov. 11
Thanksgiving - Nov. 28
Christmas Day -Dec. 25
How The Scam Works
You either get a postcard
or a telephone call saying
you have won a free prize or
can qualify for a major credit
card, regardless of past credit
problems. If you respond to the
offer, the telemarketer often asks
you right away, "Do you have
a checking account?" If you say
"yes," the telemarketer then goes
on to explain the offer. Often it
sounds too good to pass up.
Near the end of the sales pitch,
the telemarketer may ask you
to get one of your checks and
to read off all of the numbers
at the bottom. Some deceptive
telemarketers may not tell you
why this information is needed.
Other deceptive telemarketers
may tell you the account
information will help ensure you
qualify for the offer.
Once a telemarketer has your
checking account information,
it is put on a "demand draft,"
which is processed much like
a check. The draft has your
name, account number, and
states an amount. Unlike a
check, however, the draft does
not require your signature.
When your credit union
receives the draft, it takes the
amount on the draft from your
checking account and pays the
telemarketer's bank. You may
not know that your credit union
has paid the draft until you
receive your statement.
Protect Yourself
It can be difficult to detect an
automatic debit scam before you
suffer financial losses. If you do
not know who you're talking to,
follow these suggestions to help
you avoid becoming a victim:
•Don't give out your
checking account number
over the phone unless
you know the company
and understand why the
information is necessary.
•If someone says they are
taping your call, ask why.
Don't be afraid to ask
questions.
•Companies do not ask
for your bank account
information unless you
have expressly agreed to
this payment method.
Verify your membership to keep Sprint
Credit Union Member Discount
T
o ensure the continued
integrity of the
Sprint Credit Union
Member Discount, members
must periodically provide
documentation to verify credit
union membership to keep their
discount.
• New Sprint customers are
required to verify credit
union members within 30
days of activation.
• Current Sprint customers are
required to provide proof
of credit union membership
when upgrading their device
if it has been 20+ months
since their last validation
The verification process is easy
and only takes few minutes to
complete. Verification will make
sure you’ll continue to receive
the great benefits and exclusive
savings that sprint offers.
To verify your credit union
membership, go to mysprint.
sprint.com/verify.
Members can
now verify credit
union membership
using the Invest in
America app with
its simple and secure
verification process.
And it takes just
a few minutes to
complete. iPhone
Making The Season Bright
Here to Serve You
Board of Directors
President: Wayne Nakamoto
1st VP: Gordon Rabacal
Secretary: Sue-Ann Yasuoka
Treasurer: Darlene Gonzalez
Member: Derek Iha
Supervisory Committee
Priscilla Arelliano
Kalin Hasegawa
Monday - Friday
9:00 am to 4:00 pm
3375 Koapaka Street Suite D-106
Honolulu, HI 96819
(808) 831-0986
Teller Talk: (808) 535-4666
Toll free 1-800-554-0852
Lost/Stolen Debt Card 1-800-523-4175
www.timesfcu.com
With the gift-giving season just
around the corner, credit union
members who opened a
Times FCU Christmas
Savings account now
have a nice nest egg to
help with their holiday
shopping.
Avoid the Christmas
crunch next year! Start
saving now and next
year you’ll be singing
Christmas carols and not
the holiday blues. Open a
Christmas Savings account at
Times FCU today!
Call us today at 831-0986
users can find it at the apple
app store while android users
can find the app in the android
market-just search for "Invest
In America." This app also lists
all other Invest In America
discounts. http://www.
lovemycreditunion.org/IIAApplication-961.html
NOTICE TO MEMBERS
A supervisory audit will be
conducted during the fourth
quarter of this year. (OctoberDecember) Supervisory
audits are held to protect
members’ account. You will
be receiving a notice with
your October statement
regarding the audit. If you
are currently not receiving
a statement please contact
the credit union to update
your information to ensure
statements are sent to you.