October 2014 Newsletter - Construction Federal CU

Banking Made Better
Celebra
OCTOBER | 2014
For 40 years, we have been helping
individuals and companies that
build America. We still believe in
our Country’s greatness and we
also believe in our members.
Join us and experience banking
made better, service the way it used
to be.
Helping people live better lives is
what we do, every day.
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Personal & Business Checking
& Savings Accounts
Direct Deposit
ATM Access 24/7
Auto, Home, Boat Loans
VISA
IRAs
Money Market Accounts
Certificates of Deposit
Home Equity Lines of Credit
Online Home Banking
Access 24/7
www.cfcuonline.com
40 Years!
ting
Construction Federal Credit Union
Building Together
Dear Valued Members,
, hope that this note ¿nds you and those that you care about doing Zell. <our credit union is doing great and
remains 5 Stars-Superior.
:ith the leaves falling, snoZ isn¶t far aZay and that brings to mind the added costs most people experience
during the Hanukkah and Christmas Season. Our VISA remains exceptional, priced at just 6.87% APR, it is
the very best choice for you. While others may offer 1% cash back, ask yourself if being charged 10.99%
APR ± .99% APR, makes that make sense. It doesn¶t. Transfer your balance to your neZ CFCU VISA for
no added fee, fast and easy.
/ast year you Zill recall, the massive data breach experienced all over the United
States Zith Target Stores. This Zas a real nightmare for many, but CFCU Members
Zere immediately protected. We scanned all VISA and Debit Card use for the time
frame that Zas in Tuestion, identi¿ed the affected Members, turned those cards off,
phoned the Members and reissued neZ cards right aZay. 1ot one of our Members
experienced loss over this.
I Zant you to knoZ that I have implemented the migration of all CFCU VISA and
Debit Cards to a more sophisticated card Zith added fraud protection.
EMV-enabled cards, (named for its developers: Europay, MasterCard and VISA);
have an embedded microprocessor chip that encrypts transaction data differently
for each purchase. EMV is used primarily in Europe and Asia and is steadily being
adopted as the standard type of credit card ZorldZide.
Because the transaction information is encoded uniTuely every time, it¶s harder for criminals to pick up useful
payment data pieces and use that information again for another purchase. Compare that Zith the traditional
magnetic strip cards used in the United States, Zhich contain ³static´ data payment information that never
changes.
All that a thief has to do is lift that information to create a fake card before going on a shopping spree.
HOURS
Main Office: Monday - Friday 9-5pm
Branch Offices: Weekdays 9-7pm
Saturday 9-2pm
24-hour ATM service available at
all locations.
The responsibility of protecting your money is our ¿rst priority. /ook for your neZ EMV Card Zith microchip protection in the not too distant future.
“In matters of style, swim with the current. In matters of principle, stand like a rock.”
- Thomas Jefferson
CFCU at 0 years old, is better because Ze have you as a Member. I am so proud to serve you, thank you for
making us one of the Strongest Credit Unions in America!
Think good thoughts, be positive and never give up. 1ever.
Thanks for your loyalty.
Respectfully,
Jim
James M. Finn
President & Chief Executive Officer
[email protected]
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Bauer Financial, an independent national bank and credit union rating service, has
once again given CFCU a 5-Star Superior Rating. This exceptional rating indicates the
continued strength and stability of Construction Federal Credit Union.
RATES
BANKING MADE BETTER
Savings & Certificate Programs
MINIMUM INVESTMENT
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Share Certificates
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2 month
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6 month
6 month
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24 month
24 month
PRQWK
PRQWK
PRQWK
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APY*
0.10%
0.10%
0.04%
0.11%
0.15%
0.17%
0.21%
0.23%
0.31%
0.43%
0.83%
0.60%
0.67%
0.70%
0.73%
0.71%
0.75%
0.74%
0.77%
greater than
greater than
less than
greater than
less than
greater than
less than
greater than
greater than
less than
greater than
less than
greater than
less than
greater than
less than
greater than
Federal Holidays
COLU M BUS DAY
Monday, October 13, 2014
VE T E RAN ’S DAY
Tuesday, November 11, 2014
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monthly dividend. Accessed fees could affect annual yield.
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deposit accounts.
T H A N KSGI VI N G
Thursday, November 27, 2014
0.87%
IRAs -XPER
greater than
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CH RI STM AS
Wednesday, December 24, 2014
Thursday, December 25, 2014
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US Government
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payroll deduction
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Loans
NE W YEAR’S
Wednesday, December 31, 2014
Thursday, January 1, 2015
APR**
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Up to 72 months
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5.00%
1.99%
2.99%
3.99%
4.60%
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5.00%
5.875%
5.00-11.00%
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5.875%
4.55%
4.10%
3.95%
A CFCU Credit Card
Is AlZays
+(/2&(Program Suspended)
PRIME RATE as published in the Wall
Street Journal, PLUS 1.00% MIN APR is
5.00%; MAX APR is 12.00%
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Recreational Vehicles
4.99%
5.50%
5.00-8.00%
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6.87%
Rates are subject to change to meet market conditions.
Please contact the Credit Union for updates.
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$35 $QQXDO3HUFHQWDJH5DWH
A Smart Choice
Construction Federal Credit Union offers one of the absolute best tools
available anyZhere, a Platinum Preferred VISA at an unbelievably loZ rate of 6.87% APR.
Our VISA Cards provide exceptional rates and loZ fees, as Zell as the convenience and service you
deserve. Why not apply today? Just call or stop by, or visit www.cfcuonline.com to apply from the
comfort of home.
VISA PLATINUM PREFERRED
6.87% APR*
APR Annual Percentage Rate. Credit cards issued upon approval of credit. Rates and terms subject to change Zithout notice. Contact the Credit
Union for complete details.
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