view Current Newsletter - Eglin Federal Credit Union

OCTOBER 2016
838 Eglin Parkway NE, Fort Walton Beach, FL 32547-2781
NEW & USED
Auto Loans
UP TO 60 MONTHS*
In This Issue
Annual Meeting Scheduled......2
CardValet® for Your
Smartphone..................................3
Whole Life Insurance.................4
International Credit
Union Day.....................................4
1.99
As low as
%
APR
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Facebook
Some restrictions apply
* Repayment example: For a new auto, if you borrow $35,000 at 1.99% APR for 60 months, your monthly payment is
approximately $613.82.
In the Market for a New Car?
L
et EFCU put you in the driver’s seat.
Rates are as low as 1.99% APR on
new and used autos up to three
years old, for up
to 60 months.
For a complete list
of terms, go to
our website
eglinfcu.org/auto/.
It’s easier
than ever to
shop for your next
set of wheels. EFCU
Kelsey, BMS Representative
members may go to one of dozens of
preferred dealers and get your EFCU
financing at their dealership. For a
listing of preferred dealers click on the
“Preferred Dealerships” link on our
Auto page or go to eglinfcu/autosmart/.
You may also APPLY ONLINE or
visit one of our branches for a PAL, preapproved loan to take shopping with
you. Your Credit Union is here to help
with convenient services and low-cost
interest rates.
EFCU was one of 34 banks and credit
unions in the U.S. to receive the
Designation of Savings Excellence
award from America Saves at
the National Savings Forum in
Washington, D.C.
Loan Rates
October, 2016
New Autos/Trucks/Vans
A new vehicle is defined as one that has never been
titled, regardless of odometer reading or year model.
Rates as
Low as
APR*
Approximate
Repayment Term
Loan Value
1.99% 2.49% 3.49% $30,000 and up
60 mos.
72 mos.
84 mos.
Current Year Models: Maximum Loan Amount is
130% of MSRP. We will finance the selling price plus
sales tax, title, tag fees, dealer processing fees, and
Aftermarket Products** not to exceed $3,500.
**Total of $3,500 allowed in Aftermarket Products
including extended warranty, pre-paid maintenance,
and appearance and protection products.
If you borrow $30,000 at 3.49% APR for 84 months,
your monthly payment will be approximately $403.08.
Used Autos/Trucks/Vans
A used vehicle is defined as one that has been
previously titled.
1.99% 2.49% 3.49% ($30,000+) 2.49% 2.99% 3.49% Age of Auto
Up to 3 years Up to 2 years Up to 1 year 4 & 5 years 6-10 years 11-15 years 60 mos.
72 mos.
84 mos.
54 mos.
48 mos.
36 mos.
Maximum Loan Amount: Current year - 130% of
MSRP; 1 year old - 130% of NADA Retail Value; 2 to 15
years old - 130% of NADA Clean Trade Value; Adjust
for high or low mileage on 2- to 15-year-old models.
We will finance the selling price plus sales tax, title, tag
fees, dealer processing fees, and Aftermarket Products**
not to exceed $3,500. Maximum mileage 150,000 without prior approval.
**Total of $3,500 allowed in Aftermarket Products including extended warranty and pre-paid maintenance.
If you borrow $20,000 at 2.49% APR for 54 months,
your monthly payment will be approximately $391.90.
New Boat or RV
4.75%
5.75%
$10,000 and up
6.00%
$25,000 and up
6.00%
$50,000 and up
60 mos.
120 mos.
144 mos.
180 mos.
5% down payment required. Applies to never titled, current year and prior year models. Repayment Example: If
you borrow $20,000 at 5.75% APR* for 120 months, your
monthly payment is approximately $219.57.
Check out our website for financing terms on Used
Boats, RVs, New Motorcyles and Personal Watercrafts.
Line of Credit
This revolving credit line can be used for overdraft
protection on your EFCU checking account. You can also
make cash advances at an ATM, transfer via Home Branch
or write an X-Press Chex.
Share Loan
2.00% APR* 84 mos.
Annual Meeting Scheduled
March 30, 2017
T
he Annual Meeting is scheduled
for Thursday, March 30, 2017,
and will be held at the Niceville
Community Center next to the city
library at 204 Partin Drive North.
During his tenure, he has served in all
officer positions and is currently the
Vice Chair. In addition to his elected
years on the Board, he volunteered
six years on the Credit Appeals
Committee, and nine years on the
Supervisory Committee. Mr. McInnis
retired from Civil Service at Eglin
AFB in 2004.
2017 Nominees for Election
The Nominating Committee has
nominated three members to fill three
positions on the Board of Directors:
Nominations by Petition
Opened
Russ Corbitt
Robert Harlan
Daniel A. McInnis
Nominations by Petition are open until
the close of business (5:00 p.m. CST)
on November 3. The petition must
contain the signatures, printed names
and account number of at least 500
members who are at least 18 years
of age. Nominations must be
accompanied by a brief statement of
qualifications, biographical data and
a signed statement from the nominee
that he/she is agreeable and will accept
the position on the board if elected.
Nominees must be an Eglin FCU
member, bondable and at least 18 years
old. The petition must be received by
November 3 and mailed to:
Candidate Information
Russ Corbitt has served 16 years
on the Credit Appeals Committee,
and joined the Board of Directors in
2014. He holds an undergraduate
degree in Business Administration,
a Master’s Degree in Public
Administration, and is a graduate of
the Professional Military Comptrollers
School. He retired from Civil Service
in 2003 as the Deputy Comptroller
of the Air Armament Center at Eglin
AFB, and has 32 years of experience
in financial management. Mr. Corbitt
is currently employed as a Senior
Acquisition Program Specialist on
Eglin AFB.
Robert Harlan has served on the
Board of Directors since 2002 in all
officer positions. He is currently serving
as Chairman. Prior to his election to
the Board, he served 14 years on the
Supervisory Committee. Mr. Harlan
is a retired Air Force Chief Master
Sergeant with 18 years’ experience in
Management Engineering.
Daniel A. McInnis has served on
the Board of Directors since 1999.
Barbara Patty, Secretary of the Board
C/O Eglin Federal Credit Union
838 Eglin Parkway NE
Fort Walton Beach, FL 32547
A member with a valid nomination
by petition will be included on
the ballot. When there is only one
nomination per position to be filled,
the election will not be conducted
by mail ballot and there will be no
nominations from the floor.
Secured by Savings in S-1 and S-4 Accounts.
Repayment Example: For a share loan, if you
borrow $3,000 at 2.00% APR,* for 84 months your
monthly payment is approximately $38.31.
Platinum MasterCard®
As low as 7.9% APR*
Minimum monthly payment will be $25
or 2% of the statement balance.
Apply online 24/7 at www.eglinfcu.org
* Annual Percentage Rate (APR). There is a range of rates for each
loan type. The rate received will be determined by an evaluation
of the applicant’s credit. Rates and terms are subject to change
without prior notice. Minimum monthly payment on all loans
is $35 except MasterCard, which is $25. Maximum deductible for
insurance is $1,000 for all collateral types.
Dividends Declared
For the third quarter of 2016, the Board of Directors has declared a .15% APY
(Annual Percentage Yield) on savings; and a .05% APY on checking accounts.
Dividend rates are declared by the Board of Directors at the end of each quarter
from available earnings. Please contact the Credit Union for further information
about other types of share accounts, rates, terms and fees.
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Officials
Board of Directors
Robert Harlan................................................... Chairman
Daniel A. McInnis................................... Vice Chairman
Barbara Patty............................................Sec./Treasurer
Richard Adams.................................................... Director
Russ Corbitt......................................................... Director
James Pitts............................................................ Director
William S. Rone................................................... Director
Supervisory Committee
David W. Heckel.............................................. Chairman
Stephen Herrera.................................................. Member
Mike Kucera......................................................... Member
Jeffrey W. Watson............................................... Member
Karen Williams.................................................... Member
Credit Appeals Committee
Steve Sabin........................................................ Chairman
Verna McBride....................................................Secretary
Tom Alef............................................................... Member
Russ Corbitt......................................................... Member
Richard Dolby...................................................... Member
Tim Grandberry.................................................. Member
Kevin Pedro......................................................... Member
* Thrift Savings Plan
Representatives are registered, securities are sold and investment advisory services offered through CUNA Brokerage Services,
Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677,
toll-free 1-866-512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may
lose value and are not obligations of or guaranteed by the Eglin Federal Credit Union. CBSI is under contract with the Eglin
Federal Credit Union, through the financial services program, to make securities available to members. FR-1428316.1-0216-0318
Fight Fraud
from EFCU enables you to turn your
Debit Card off and on, set alerts and
much more. Go to eglinfcu.org/cardvalet/
for more information.
C
onsumers hear a lot about data
breaches among merchants
and wonder how they can protect
their information. Be proactive by
downloading the CardValet® app on
your smartphone. This free service
CardValet is a registered trademark of Fiserv, Inc. or
its affiliates.
Talk About Savings! The Sprint
Credit Union Member Discount
H
ow would you like valuable savings on monthly wireless data bills? You
get all that and more thanks to Eglin Federal Credit Union and Sprint’s
Credit Union Member Discount.
Members Save with SPRINT:
• Get a 10% discount on select regularly priced Sprint monthly data service
• Valid in conjunction with other credit union and Sprint National handset and
other promotions
• Mention Corporate ID: NACUC_ZZM
www.eglinfcu.org
Phone Numbers
Main Switchboard: 850.862.0111
Nationwide: 800.367.6159
STAR TELLER Direct Line:
Call Main Switchboard,
Option 5
Change PIN 24/7
Holidays
ATM or Debit Card
call 866.665.8716
Offices will be closed to observe:
October 10.........................Columbus Day
November 11.......................Veterans Day
November 24..............Thanksgiving Day
Your Staff
Jerry Williams........................................ President /CEO
Cathie Staton..........Senior VP Marketing/Compliance
Robin Heintzelman.......Senior VP Mortgages/Investments
Kenny Girot................................. Senior VP Operations
Dawn Oravetz....SVP Information Systems/eServices
Tim Farnsworth................ VP Information Technology
Kim Nauta................................... VP Branch Operations
C. Grant....................................................VP Accounting
Gina Denny.................................. VP Human Resources
Rocky Magee...........................VP Information Systems
Ruth Fennell .................. Fort Walton Branch Manager
Kim Clark.................................... Eglin Branch Manager
Adam Dudney..................... Hurlburt Branch Manager
Vivian Gonzalez............ S. Crestview Branch Manager
Jessica Tomi.................. N. Crestview Branch Manager
Lesli Harding..................Mary Esther Branch Manager
Bron Ringstad.............Bluewater Bay Branch Manager
Susan Arnold............................ Destin Branch Manager
Loren Stokes...........................Navarre Branch Manager
Joe Baldwin................................. Investment/Mortgage
Compliance Manager
Debby Chambers......................Mortgage Compliance/
Collection Manager
Thom Morgan................................ Collections Manager
Susan Coup............... Call Center Operations Manager
Valerie Gorman.............Accounting Services Manager
Tracy Osborn.....................................eServices Manager
Sherry Harlow...................... Marketing & PR Manager
Jim R. Appleton................................ President Emeritus
December 26.............................Christmas
January 2................................New Year’s
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To Report Lost Cards:
EFCU Debit Card
800.472.3272
MasterCard®
800.325.3678
TruStage® Whole Life Insurance
Underwritten by CMFG Life
Insurance Company
Designed to Be Affordable, Easy to Understand, With a Convenient
Online Application
H
ave you avoided shopping for and buying life insurance because it’s too
expensive, too complicated or too time-consuming? You’re not alone.
Roughly 40% of adults in the U.S. have no life insurance.1 TruStage now offers
an online application for Whole Life Insurance and payments designed to fit
your budget. Simply answer a couple of questions and review your options.
Spend a few minutes now and make a start to provide greater security
and help provide peace of mind to your loved ones. Check it out at
https://www.trustage.com/life/whole or call today: 1-855-612-7909.
You’ll receive helpful guidance with no sales pressure and quality products
trusted by your Credit Union. If you’re not completely satisfied with your
decision, you may cancel within the first 30 days and get a full refund, no
questions asked.
TruStage® Insurance is made available by TruStage Insurance Agency, LLC and underwritten by CMFG Life
Insurance Company. The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by
your credit union.
1
Source: 2014 Insurance Barometer Study, LIMRA EXREV-1495118.1
Thursday, October 20
International Credit
Union Day
The third Thursday of October each
year is International Credit Union
Day®. It’s a day to unite people
from credit unions throughout the
world to celebrate our cooperative
history and achievements.
On a local and global level,
credit unions look out for the
interests of their members and
their communities. Our cooperative
spirit of people helping people has
led to life-changing opportunities
in the form of home ownership and
financial education. Credit unions
provide members with a safe and
convenient place to save money
and access loans and other financial
services at reasonable rates.
Thank you for being a member
of Eglin Federal Credit Union.
Tell your family, neighbors and
coworkers about the benefits of
membership. The new online
membership application makes
joining so convenient. Go to
eglinfcu.org/join/.
Welcome to the EFCU
Field of Membership
DE&J Thomas LLC, dba Tops
Hamburgers of Navarre
Sequel Electrical Supply
Smith Ironworks
Sun, Sand & Sea Beach Service, Inc.
Invite a family or household
member to join EFCU!
Among the many community programs that our staff support, EFCU employees designed
and wore shirts as a fundraiser for the American Heart Walk. All branches participated
(shown above is the Fort Walton Beach staff).
Family members over age 18
may now join online at
eglinfcu.org/join/.
We Do Business in
Accordance with the
Federal Fair Housing
Law and the
Equal Credit
Opportunity Act
Funds in your account(s) with us are insured by the National Credit Union Administration
to at least $250,000 and backed by the full faith and credit of the United States.
Green Powered.
This publication does not constitute legal, accounting or other professional advice. Although it is intended to be
accurate, neither the publisher nor any other party assumes liability for loss or damage due to reliance on this
material. Websites not belonging to this organization are provided for information only. No endorsement is implied.
Images may be from ©iStock and/or ©Fotolia. ©2016 Eglin Federal Credit Union.
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