plans! - Kemba Credit Union

KLIPPINGS
SPRING 2016 Your guide to what’s happening at Kemba
kemba.com
In this issue:
Home Equity Loans
Best of Cincinnati
Calendar
Jumbo Mortgage
Mobile Deposit
Piggest Raffle
Shred Day
Student Loans
Visit our new branch in Florence.
April
4 - New Florence Branch Opens
16 - Shred Day
29 - Piggest Raffle
May
30 - Memorial Day
Kemba Branches Closed
Financial
Summary
Assets
$
733,391,583
Loans
$
Opening Monday, April 4th!
Just down the street from our existing storefront location, this new full-service branch will
offer additional conveniences, including drive-thru lanes and a drive-up ATM.
We look forward to welcoming you to your new branch in Northern Kentucky!
Stop by any time after our opening on Monday, April 4th to say hello.
New Address:
5935 Merchants Street, Florence, KY 41042
New Hours:
Monday - Friday 9:00 AM - 5:30 PM (Drive-thru open until 6:00 PM)
Saturday 9:00 AM - 1:00 PM
623,334,176
Now is the time
to start your Shares
$
632,607,745
Home
NMLS 422067
Members
85,111
Net Worth
$
Improvement
85,747,321
These figures are accurate
as of February 29, 2016.
Equity
HOME
LOANS
plans!
A Kemba home equity loan can be
customized to fit your needs for any
number of purposes.
Home Improvements, Vacations,
Debt Consolidation, College Tuition
Contact Our
Lending Specialists Today!
513.762.5070
CEO
corner
Your credit union continues to grow and maintain financial strength in
2016. Throughout the 1st quarter, members have brought more and more
of their hard earned money to Kemba. We continue to offer some of the
best deposit rates in the area to help you meet your savings goals.
Thank you
readers
for voting Kemba
Best Credit Union
in Cincinnati!
Our mortgage department continues to help members with the purchase
of their new home or the refinance of their existing mortgage loan.
Your credit union offers home equity loans and second mortgage loan
opportunities. With rates still at near all-time lows, we encourage you to
look at Kemba for all your home mortgage needs.
On Monday, April 4th Kemba will open our newest full service branch in
Florence, Kentucky. This new location is right down the street from our
previous storefront location. This branch will offer all the features our
Florence members have been asking for, such as drive-thru service and
a drive-up ATM. The interior offers a sleek and sophisticated look and the
experience will be focused on members. Please be sure to stop by 5935
Merchants Street in Florence, Kentucky and say “hi” to our same great
Florence staff.
We have focused on giving members the technology to conduct your
financial transactions in the comfort of your own home or workplace. A
new feature coming soon within our Online Banking system allows you
to pay your Kemba loans with funds transferred from another financial
institution. Simply log onto Online Banking and click on the “Services” tab,
then click “AutoPay”. This is just another convenient product created to
enhance your experience at Kemba.
Kemba continues to be an active community partner.
On Saturday, April 16, we will be holding our 7th annual Shred
Day in partnership with Shred-it and WLWT Channel 5. This
event allows members and the community to use this day to
shred all sensitive documents. Shred Day will take place at
our West Chester, Bridgetown and Florence Branches from
9AM – 1PM.
We will also be involved again in The Piggest Raffle Ever,
supporting the Adopt A Class Foundation. Beginning in April,
Kemba branches will be selling entries for a chance to win
$5,000.00, with proceeds going to the Adopt A Class Foundation.
The credit union is also a strong supporter of the Cincinnati
Fire Foundation. The 5th Annual Firefighter Awards Banquet
will be held on Thursday April 7th at the Horseshoe Casino
Ballroom. Please call 513.651.4544 for more information
concerning this event.
As we move forward and the weather warms up, I encourage you to
always think of Kemba for your financial needs. We are more than just
checking and savings, as we offer services like wealth management
through our partner Midwest Financial Partners and Insurance through
Kemba Insurance, a Division of Phelan Insurance Agency. From a share
certificate to a first mortgage loan, from a checking account to your
next new car, Kemba is here to serve you. Thank you for you continued
support of Kemba Credit Union.
Get Green
Free* Checking
Federally Insured by NCUA
They say the best things in life are FREE, so why would
we argue? That’s why we offer Get Green Checking, a
checking account that pays you. All we ask is one simple
debit card purchase per month and we’ll pay you; how
much is up to you. So, start earning a little or even a lot
today.
Simply do the following each monthly
qualification cycle to maximize your earnings…
• Have at least 12 debit card purchases post and settle
• Be enrolled and receive e-Statement notice
• Be enrolled and log into online banking
And, here’s the earning part….
• 1.50% APY** (Annual Percentage Yield)
on qualifying balances up to $15,000
• 0.15% APY** on balances over $15,000
• 0.05% APY** on non-qualifying balances
*A fee may occur if your debit card is not used once per month for a purchase.
**APY=Annual Percentage Yield. APYs accurate as of 2/1/2016. Rates may change
after account is opened. If qualifications are met each monthly qualification cycle: (1)
Balances up to $15,000 receive APY of 1.50%; and (2) balances over $15,000 earn
0.15% dividend rate on portion of balance over $15,000, resulting in 1.50% - 0.15%
APY depending on the balance. If qualifications are not met, all balances earn 0.05%
APY. Qualifying transactions must post to and settle account during monthly qualification
cycle. Transactions may take one or more banking days from the date transaction
was made to post to and settle an account. ATM-processed transactions do not count
towards qualifying debit card transactions. “Monthly Qualification Cycle” means a period
beginning one day prior to the first day of the current statement cycle through one day
prior to the close of the current statement cycle. Transfers between accounts do not
count as qualifying transactions. Fees may reduce earnings. Limit one Get Green or Get
Tunes account per SSN.
Steve Behler, President/CEO
Congratulations to Steve Behler
on being named to Cincy Magazine’s Power 100.
Cincy’s 12th annual Power 100 list recognizes those
leaders who hold and use the most clout to benefit the region.
Certificate Rates
Let Kemba Pay You!
Open Your Certificate Today!
*APY=Annual Percentage Yield. Rates are subject to change. Minimum balance to
open and earn dividends: $500.00. No Bonuses Apply. Fees may reduce earnings on
the certificate. Penalty charged for early withdrawal. When the certificate matures, other
rates may apply to new certificates and certain terms may not be available. Please call
513.762.5070 or 800.825.3622 to obtain current rates. Rates are subject to change.
Rates are accurate as of 3/16/2016.
1 Year 0.90% APY*
2 Year 1.10% APY*
3 Year 1.30% APY*
4 Year 1.60% APY*
5 Year 2.20% APY*
Federally Insured by NCUA
Adopt a Pig for Adopt A Class
It’s the Piggest Raffle Ever! Stop by your local Kemba branch
to buy an entry for just $5 each. Each entry you buy is a chance
to win the Grand Prize, $10,000 Cash ($5,000 to winning ticket
holder and $5,000 to the charity who sold the ticket). 100% of the
donations received by Kemba Credit Union will benefit the Adopt
A Class Foundation which supports underprivileged children at
local schools. For more details on Adopt A Class visit
aacfoundation.com. For information and rules regarding the
Piggest Raffle Ever visit www.piggestraffle.com.
Use your Kemba
Credit Card and
Earn Rewards!
KEMBA
Mobile
Banking
Access
your
account
on-the-go!
Using your Kemba credit card can turn your
everyday purchases into that dream vacation
you’ve always wanted or a new TV.
Don’t have a Kemba Credit Card?
Apply online today at kemba.com
*Example of $425 closing costs
on a 30 year conventional loan.
Loan Amount of $150,000,
interest rate of 3.875%, an
annual percentage rate of
3.968%, principal and interest
payment of $705.36 for 360
installments; based on loan to
value of 80% or lower; loans
subject to approval; rates
subject to change. Minimum
credit score of 720 required.
Payments do not include taxes
and insurance premiums,
if included, then the actual
payment obligation would be
greater. Please consult your
tax professional about possible
deductions. Rates for owner
occupied primary residence.
with Closing Costs
as low as
425
*
NMLS 422067
Get Pre-qualified
Today!
Check Balances
View Transaction History
Transfer Funds
Locate the Nearest
Branch or ATM
*Data charges may apply.
Mobile Deposit is available
only for savings and
checking accounts in good
standing and must meet
certain criteria. Not all
accounts will be eligible.
MORTGAGES
$
Deposit Checks
Apply online at kemba.com
Online Banking
AutoPay
Coming Soon!
Make one-time or recurring payments
to your Kemba loan or credit card
from another financial institution within
online banking. You will log in and click
on the Services menu, then AutoPay.
Remember to have your other institution’s
account and routing information available
to set up payments.
7/1 JUMBO
NMLS 422067
ADJUSTABLE RATE
MORTGAGES
3.00
3.234
Student Loans
% Rate 513.762.1692
%APR*
*ARM=Adjustable Rate Mortgage. Upon approved credit. Example monthly payment of $2,740.43 principal and interest only, is based on a loan amount of $650,000
and rate of 3.000%, credit score of 720+ and an 80% loan-to-value. Advertised Annual Percentage Rate (APR) is effective as of 03/16/2016 these rates are subject to
change. 30 Year Amortization. The 7/1 Adjustable Rate Mortgage is a 30-year mortgage, with fully amortizing principal and interest payments and an initial 7 year fixed
rate period. After the initial fixed rate period, payments may vary for the remainder of the loan term. During this time the payments, interest rate and annual percentage
rate may increase or decrease. Owner occupied single-family residence only. Loans subject to approval. Not available in all states. Rates may vary based on loan
amount. Payment does not include taxes and insurance. The actual payment amount may be greater. Any changes to the interest rate include a rate cap that limits
the amount the interest rate can increase: first adjustment 2%, thereafter 2% per year with a maximum of 4% over the life of the loan. Rate range 3.000% – 7.000%.
The rate on a worst case scenario may be 3.00% for the first 7 years, 5.00% in year 8 with a payment of $3,332.11, 7.00% in years 9 and beyond with a payment of
$3,961.68. NMLS#422067. Loan amounts up to $1,000,000.
Kemba’s Student Choice Program was created
with one goal in mind—helping you finance a higher
education without a higher price tag.
Offers flexible repayment options resulting in
lower initial payments after graduation.
Gives you the chance to reduce your interest
rate by 0.25% during full repayment when you
enroll in automatic payment.
Our private student loan solution:
Helps fill the funding gap that exists after lower cost
sources of aid have been exhausted.
Establishes a relationship with a financial
institution you can trust - as your loan will be
granted and held by Kemba.
Offers zero origination fees and lower rates than
many other lenders.
Allows for fully deferred payment while you’re in
school (optional).
By choosing Kemba’s
program over other
alternative lenders, you’ll
enjoy significant costsavings and consumer
friendly terms.
Start the process today
online at Kemba.com.
SHRED DAY
Join us for this FREE opportunity!
Conveniently and securely dispose of confidential documents.
Saturday, April 16, 2016 9:00 a.m. – 1:00 p.m.
West Chester - 8763 Union Centre Blvd., West Chester, OH 45069
Bridgetown - 5844 Bridgetown Rd., Cincinnati, OH 45248
Florence - 5935 Merchants Street, Florence, KY 41042
WHAT TO BRING: Monthly statements, credit card statements, credit card
applications, receipts and other sensitive paper documents to be shredded.
Maximum of 10 boxes per vehicle.
SHRED
DAY
Locations
Amelia
1135 Ohio Pike
Amelia, OH 45102
COLLEGE HILL
6230 Hamilton Avenue
Cincinnati, OH 45224
Kroger Building
1014 Vine St.
Cincinnati, OH 45202
Springdale
211 Northland Blvd.
Cincinnati, OH 45246
Blue Ash
11450 Grooms Rd.
Cincinnati, OH 45242
Florence
5935 Merchants Street
Florence, KY 41042
Peyton
1111 South Adams St.
Bluffton, IN 46714
West Chester
8763 Union Centre Blvd.
West Chester, OH 45069
Bridgetown
5844 Bridgetown Rd.
Cincinnati, OH 45248
Harrison
10396 Harrison Ave.
Harrison, OH 45030
Queensgate
1045 West 8th St.
Cincinnati, OH 45203
MAILING ADDRESS
P.O. Box 14090
Cincinnati, OH 45250
kemba.com
513.762.5070
800.825.3622