Could You Be a Winner? - LA Financial Credit Union

FALL 2 0 1 5
Could You Be a Winner?
Buying a new car or new house? Do it this year
with an LA Financial Auto Loan or Home Loan
and you could win a FREE MONTH’S PAYMENT!
Just open one of our money-saving home loans or auto loans
before the end of 2015, and you’ll be eligible to win your entire
monthly payment — FREE! Two members already have won.
And with six more winners to be selected, you could be next.
Auto Loans
Home Loans
• Rates as low as 1.99% APR*
for 60-month terms
• No payment for 90 days**
• Up to 100% financing
• Terms up to 84 months
• Same low rates for new and used autos
and light trucks
• All our first mortgages...PURCHASES &
REFI’s...are eligible to win*
• Great low rates with NO points
• Low down payment
• As high as 90% loan-to-value with no PMI**
• Fixed and adjustable-rate programs
• Conforming, super conforming & jumbo
mortgages
The same low rates are available on all our
auto loans — NEW...USED...and REFI’s.
Apply online or in-branch today and get
lower monthly payments in gear today.
Complete sweepstakes rules are available online or in branches. NO PURCHASE/LOAN
FUNDING NECESSARY TO ENTER OR WIN. A PURCHASE/LOAN FUNDING WILL NOT
INCREASE YOUR CHANCES OF WINNING.
Early Winners
JULY
Stephanie B.
West Covina, CA
$237.35 auto loan payment
AUGUST
Erika B.
Whittier, CA
$605.00 auto loan payment
*APR=Annual Percentage Rate. At 1.99% APR, your monthly payments are just $17.53 per
$1,000 borrowed for 60 months. Discounted rate includes 0.25% reduction for automatic
payment. 100% Loan-to-Value on all cash-out refinances. Some restrictions may apply.
Loan approval subject to credit and income evaluation. Consumer loan rates may vary
depending on credit profile, term, mileage, and the amount financed. Rates and terms are
subject to change without notice.
**Qualifying member may select to defer first payment for up to 90 days from the loan
funding date. Interest will accrue during deferral period. Minimum FICO score 650.
Subject to credit approval. Cannot be combined with other offers.
Auto loan must be funded July 1, 2015–December 31, 2015 to be eligible to win. Six (6)
Auto winners: Each winner will win one monthly payment. Payment amount is dependent
on the amount of loan that has been financed — not to exceed $1,000. Odds of winning
depend on the total number of eligible entries received. All expenses relating to acceptance
and use of any prize that are not explicitly listed herein as being awarded, including payment
of taxes, are responsibility of the winner. Limit of one prize per person. No substitution,
barter, transfer, or assignment of prize permitted. One winner will be selected on the last
day of each month — July–December, 2015. Entries will remain eligible throughout the
sweepstakes period, so the earlier you fund the better your chances to win. Existing LA Financial
Federal Credit Union or Havasu Community Credit Union loans are not eligible for promotion.
Buying a new home? Refinancing your
current home? All our First Trust Deeds
are eligible to win a free month’s payment!
With real estate rates at record lows, there’s
never been a better time to make your move.
Complete sweepstakes rules are available online or in branches. NO PURCHASE/LOAN
FUNDING NECESSARY TO ENTER OR WIN. A PURCHASE/LOAN FUNDING WILL NOT
INCREASE YOUR CHANCES OF WINNING.
Promotion is not available to refinance an existing LA Financial Federal Credit Union
or Havasu Community Credit Union real estate loan. Loans are subject to Credit Union
loan policies.
*Mortgage loan must be funded July 1, 2015–December 31, 2015 to be eligible to win. Two
(2) Mortgage winners: Each winner will win one monthly mortgage payment. Payment
amount is dependent on the amount of eligible mortgage loan that has been financed —
not to exceed $2,500. Odds of winning depend on the total number of eligible entries received.
All expenses relating to acceptance and use of any prize that are not explicitly listed herein
as being awarded, including payment of taxes, are responsibility of the winner. Limit of
one prize per person. No substitution, barter, transfer, or assignment of prize permitted.
Mortgage winners will be selected on September 30, 2015 and December 31, 2015. Entries
will remain eligible throughout the sweepstakes period, so the earlier you fund the better
your chances to win.
**For Adjustable Rate Mortgage (ARM); please call the Credit Union for details.
COMING THIS FALL!
Our New
Chip-Enabled
VISA Credit &
Debit Cards
LA Financial VISA cardholders will soon be getting a big upgrade in the security of their credit and debit cards,
thanks to the addition of a little EMV microchip. The new chip-enabled debit cards are
scheduled to arrive in members’ mailboxes in October; the new credit cards, in November.. .
in time for safer holiday shopping around town, and greater acceptance if you travel abroad.
This fall, LA Financial will be mailing out our new EMV chipenabled VISA debit and VISA credit cards. Providing the latest in
fraud protection technology, the new cards will replace your current
debit or credit card. Upon receipt of your new card, activate it
immediately and destroy your old card for security reasons.
This is important for both debit and credit cards. The chipenabled debit card has a whole new card number. The chip-enabled
credit card will have the same number, but a new expiration date.
So, if you have arranged recurring payments with any
merchants, you should contact those merchants and update
your card information. (This can usually be done online, quite
easily, at the merchant’s website.)
The new cards will work any place that accepts VISA. But
they offer maximum advantages at chip-enabled terminals, where
the chip generates a unique transaction code that safeguards data
from being used fraudulently. To make purchases at one of these
terminals, follow these simple steps:
1.) Slide the chip end of your card into the terminal with
the chip side facing up.
2.) Keep the card in place and follow the prompts on the
screen.
3.) Remove the card when directed and take your receipt.
In some instances, you may be required to sign for your purchase.
Chip-encoded terminals are becoming increasingly widespread
nationwide. But if you’re not using a chip-enabled terminal, you can
just swipe your card’s magnetic stripe, as you always have before.
It’s that simple: another free benefit from your Credit Union.
Set Sail for Prosperity
People who succeed in building their wealth and protecting their
assets typically have one thing in common: they rely on professional
advice. That’s why we offer our members the expertise of LA Member
Choice Wealth Management, our Retirement Planning partners.
These financial experts can help you devise a healthy investment
strategy that will maximize your funds and financial security.
Contact them today to set your best course.
Planning Benefits for LA Financial Members:
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Retirement Plan Rollovers (401k, 403b & TSA’s)
401k’s/IRA’s
Wealth Preservation
Preservation of Retirement Income
Estate & Asset Protection
Insurance Planning Group Benefits
LA Member Choice Wealth Management
761 West 1st Street • Los Angeles, CA 90012 • 818.456.0600 • www.lafinancial-wealth.org
Securities offered through LPL Financial, Member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. The investment products
sold through LPL Financial are not insured LA Financial deposits and are not NCUA insured. These products are not obligations of LA Financial Credit Union and are
not endorsed, recommended or guaranteed by LA Financial Credit Union or any government agency. The value of the investment may fluctuate, the return on the investment
is not guaranteed, and loss of principal is possible. LA Financial Credit Union and LA Member Choice Wealth Management are not broker dealers and are not
affiliated with LPL Financial.
If It Needs a Key, It Probably Needs Insurance
I saved 30% on my
homeowners policy
by moving it to
LA Member Choice
Insurance Services.
— Mark S.
[
They shop
their full list of
carriers in order
to match you
with a plan that
best meets your
requirements and
your budget. So you don’t
have to spend hours
hunting online for quotes.
Moreover, they will not only help you decide which coverage best
suits your needs, they will also help you update your policy or provide
support if you need to file a claim. In short, they take the stress out
of insurance.
Whether you are ready to purchase a policy or just want to speak
with an agent about coverage options, LA Member Choice Insurance
Services is here to help you...with no obligation. Get an auto, life or
homeowners quote — right online — at www.lafinancial.org.
Click on the “Insurance”
pull-down menu and just fill
out the short form.
[
When it comes to your precious possessions, you can’t put a
price on peace of mind. But you can shop for the best price on
insurance! And at LA Financial, we can help you do that —
and save you a lot of time and money in the process.
To this end, we recently introduced our new insurance agency:
LA Member Choice Insurance Services. Our licensed agents work
with individuals, families, and businesses throughout
California, to help them find the best value on all
types of insurance:
• Homeowners
• Auto
• Boat
• Motorcycle
• RV
• Renters
• Property
• Life
Board Nominations, Elections and Annual Meeting
The Nomination-Election Committee,
which is appointed each year by the Board of
Directors, has nominated the following
individuals for three Board positions.
Douglas L. Carden (Incumbent) — Doug
has been a member of LA Financial since
1984 when California Attorneys Federal
Credit Union was merged into our membership. He held the office of President of
CAFCU for two years and previously served
on its Board of Directors. His volunteer
service with LA Financial began in 1984
when he was a member of the Loan Committee.
He has served on the Board of Directors since
1988. He is currently Chairman of the Board,
a Board position he has previously held.
Doug is an attorney in private practice.
George Caro (Incumbent) — George has
been a member of LA Financial since 1987.
He served on the Supervisory Committee of the Credit Union
working closely with current managerial staff on financial
strategy for three years. He retired from the County of Los Angeles
after 35 years in several capacities that included budget, personnel,
public relations, contracts administration, and purchasing
management. He holds two degrees in Business Finance.
George has been a member of the Board of Directors since 1992
and is currently serving as the Treasurer. He is also currently
on the Personnel, Budget/Planning, and Asset/Liability
Management (ALCO) committees of the Board.
Gail LeGros (Incumbent) — Gail has been a member of LA
Financial since 1981. She began her career with LA County in 1973
and joined the LA County Fourth District staff in 1981. She is
currently Supervisor Knabe’s Scheduling Deputy, responsible for the
coordination of his schedule both downtown and in the field, and
she oversees the assignments of the support staff in the office.
Gail has served on the Board of Directors since 2013 and currently
serves on the Personnel Committee. She previously served on the
Supervisory Committee from 2000–2013, chairing the committee
from 2007–2013.
Holiday Closings
ANNUAL MEETING
Feb. 12, 2016 • 6 PM
1520 W. Colorado Blvd.
PasadeNA, CA
Any member in good standing may nominate another member
in good standing for a Board position. The necessary petition
and certification forms can be obtained from the Secretary of
the Credit Union at the Pasadena Administrative Offices located
at 1520 W. Colorado Blvd., week days from 8:30 am to 4:30 pm.
The certification form must be signed by the nominee, indicating
willingness to serve if elected. A brief statement of the petitioner’s
qualifications and biographical information must accompany the
certification form.
The petition must be signed by no less than 1% of the
membership (322 members in good standing). Nominating
petitions, certification forms, qualifications and biographical
data must be returned to the Secretary of the Credit Union no
later than 4:00 pm on November 6, 2015.
The election will not be conducted by ballot and there will
be no nominations from the floor when there is only one nominee
for each position to be filled. If only one member is nominated
for each position to be filled, the Chairman will declare each
nominee elected by acclamation at the Annual Meeting, which
will be held at the Pasadena Administrative Offices of the Credit
Union, 1520 W. Colorado Blvd., on Friday, February 12, 2016,
at 6:00 pm. All members are welcome to attend.
Columbus Day, Monday, October 12
Veteran’s Day, Wednesday, November 11
Thanksgiving, Thursday & Friday, November 26 & 27
Christmas, Friday, December 25
New Year’s Day, Friday, January 1, 2016
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Pasadena Branch 224 N. Fair Oaks Avenue • Pasadena, CA 91103
Norwalk Branch 12125-A Imperial Highway • Norwalk, CA 90650
EQUAL HOUSING
We do business in accordance with
The Federal Fair Housing Law and
The Equal Credit Opportunity Act.
Los Angeles Branch 716 W. First Street • Los Angeles, CA 90012
LENDER
Telephones 800.894.1200 • TouchTeller 800.894.1200
Any policies and/or rates stated herein
are those in effect on the date of publication
and are subject to change without notice.
Web Site www.lafinancial.org