July 2015 - Eglin Federal Credit Union

JULY 2015
838 Eglin Parkway NE, Fort Walton Beach, FL 32547-2781
MasterCard® ScoreCard®
With Rewards
As low as 8.9% APR*
A
growing number of members are
switching to EFCU’s Platinum
MasterCard® ScoreCard with Rewards,
and not just for the terrific low rates!
There are numerous benefits too!
• No annual fee
• No cash advance fee
• No balance transfer fee
• Only 1.1% international transaction fee
for foreign transactions
• Extended warranty available up to an
additional 12 months (with original
warranty purchase)
• Price protection on purchases of new
merchandise up to 60 days
• ID Theft Resolution services
• Travel Accident Insurance up to
$1,000,000
• Transfer payments using Home Branch
or eZCardInfo.com
• SecureCode™ – added security for
online shopping; free service
• Payments may be made up to three
months ahead
• You can create a customized award
wish list on the ScoreCard website
• Points earned are redeemable up to
5 years
Use your EFCU ScoreCard with
Rewards to earn 1 point for each
net dollar purchase. Over 1,600
merchandise items are available,
including popular retailers such as
Apple, Samsung, Sony and many
more. Merchandise ships for free
and awards are updated with
monthly and seasonal specials. You
can redeem points for activity and
attraction awards like theme parks and
Broadway. And there are numerous
travel benefits without all the
restrictions.
For your ScoreCard with Rewards,
visit a branch or apply online at
eglinfcu.org/mastercard.
* APR = Annual Percentage Rate.
In This Issue
Time for a New Roof or
Updated Kitchen?.......................2
Finest on the Emerald Coast.....2
Your Family Can Save with
the Sprint Credit Union
Member Discount.......................3
Shop Smart
with AutoSMART!......................4
Introducing Pocket Cents..........4
DeluxeTM Now
Offers Online
Check Reorders
Members may now reorder checks
online inside Home Branch. To place
an order, select “Reorder Checks”
under the “eServices” tab and choose
from over 80 designs. You may
also order personalized checkbook
covers, check registers, address
labels and more.
Loan Rates
July, 2015
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% 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.
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 3% 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 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.
Time for a New Roof or
Updated Kitchen?
I
f you are considering a home improvement
project to boost the quality and appeal of
your home, here are some ideas that will
give you the biggest bang for your buck.*
Renovations with the greatest return
on investment:
• Entry door replacement: 96.6%
• Deck addition (wood): 87.4%
• Attic bedroom: 84.3%
• Garage door replacement: 83.7%
• Minor kitchen remodel: 82.7%
Another major expenditure that is a great investment is replacing your roof.
Reroofing and adding hurricane clips could reduce your insurance premiums –
check with your insurance provider for details.
When you are ready to make your improvements, let us help you with a
home equity loan or home equity line-of-credit with MasterCard® access. For
more information, contact our Mortgage Services department at (850) 862-0111,
ext. 1830. EFCU home equity loans are available in seven Florida counties.
* Source: Remodeling magazine 2014 Cost vs. Value report, www.remodeling.hw.net/cost-vs-value/2014/.
Thank You Members for Voting Us
FINEST ON THE EMERALD COAST!
I
n the Northwest Florida Daily News contest for Finest on the Emerald Coast,
EFCU members voted us Finest for the 5th consecutive year. Thank you for
placing your trust in us.
How We Earn Your Trust
Day by day, we strive to earn your trust. It is our top priority. At EFCU, we put
our members first each and every day. Our success is largely determined by our
members’ success, so you can rest assured we have your best interests in mind.
Here are some of the many benefits we deliver to our members to show you
your trust is well-placed in us:
• Lower rates on loans – potentially saving you thousands of dollars
• Competitive rates on savings – encouraging you to save with us
• Fewer and lower fees – we won’t nickel and dime you
• The latest in technology and convenient services
• Security and privacy – you can take comfort in knowing we exceed leading
industry standards in protecting your account information
• Educational tools – to help you and your family manage your finances effectively
• Volunteer and community opportunities – we believe in giving back to the
communities in which we serve.
Whether you prefer doing your banking online, from
your mobile device or by walking into a convenient
branch, we are here for all of your financial needs.
Thank you for your trust and membership.
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w
Spirit
This quarterly newsletter is the main
communication to EFCU’s membership.
Officials
Board of Directors
William S. Rone................................................ Chairman
Robert Harlan.......................................... Vice Chairman
Daniel A. McInnis....................................Sec./Treasurer
Richard Adams.................................................... Director
Russ Corbitt......................................................... Director
Barbara Patty....................................................... Director
James Pitts............................................................ Director
Supervisory Committee
Jeffrey W. Watson............................................ Chairman
David W. Heckel................................................. Member
Mike Kucera......................................................... Member
Robert Weaver..................................................... Member
Karen Williams.................................................... Member
Credit Appeals Committee
* 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. FR051316DB6C
Your Family Can Save with
the Sprint Credit Union
Member Discount
S
ports equipment, college savings,
movies and more … it can be
expensive to be a parent these days.
Why not save where you can and
get a break on your family’s monthly
data service with the Sprint Credit
Union Member Discount. Just for
being a member, your family can
save these ways:
• Get a 10% discount on select regularly priced Sprint monthly data
service plans
• Have your activation fee on new lines
waived ($36 savings)
• Have your upgrade fee waived
($36 savings)
• Mention Corporate ID: NACUC_ZZM
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Member Verification
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To keep saving with Sprint, you
will need to verify your credit union
membership. There are four ways
to do this:
The free Love My Credit
Union Rewards app for Android
and/or iPhone.
• Find the app by searching for
“Love My Credit Union Rewards”
• The app will prompt you to black
out all confidential information
on your documents
Fill out and fax the Sprint
Verification Form (available online
at LoveMyCreditUnion.org/Sprint) and
supporting documents to the Sprint
Corporate Accounts: (913) 523-1987
or toll free: 877-687-8211.
Visit www.Sprint.com/verify from a
mobile device.
Sign up for Sprint’s AutoPay using
your credit union checking account
or credit union debit/credit card at
www.Sprint.com.
With everything you’re already paying for, the Sprint Credit Union Member Discount
offers you some savings! Visit LoveMyCreditUnion.org/Sprint to learn more today.
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Richard Dolby................................................... Chairman
Steve Sabin..........................................................Secretary
Tim Grandberry.................................................. Member
Verna McBride..................................................... Member
Kevin Pedro......................................................... Member
Your Staff
Jerry Williams........................................ President /CEO
Annie Corbett.........................................Senior VP/CFO
Cathie Staton..........Senior VP Marketing/Compliance
Robin Heintzelman.......Senior VP Mortgages/Investments
Kenny Girot....................Senior VP Branch Operations
Dawn Oravetz.....................Senior VP Data Processing
Tim Farnsworth................ VP Information Technology
Kim Nauta................................... VP Branch Operations
C. Grant................................. VP Accounting/eServices
Gina Denny.................................. VP Human Resources
Ruth Fennell .................. Fort Walton Branch Manager
Joe Baldwin................................. Eglin Branch Manager
Kim Clark............................. Hurlburt Branch Manager
Vivian Gonzalez............ S. Crestview Branch Manager
Bron Ringstad .............. N. Crestview Branch Manager
Lesli Harding..................Mary Esther Branch Manager
Jessica Tomi................Bluewater Bay Branch Manager
Susan Arnold............................ Destin Branch Manager
Loren Stokes...........................Navarre Branch Manager
Myke Brown................................ Mail Branch Manager
Leah Scott.......................... Mortgage Services Manager
Debby Chambers......................Mortgage Compliance/
Collection Manager
Susan Coup....................Accounting Services Manager
Tracy Osborn....................... eServices Branch Manager
Sherry Harlow..................................Marketing Director
Jim R. Appleton................................ President Emeritus
www.eglinfcu.org
Phone Numbers
Main Switchboard: (850) 862-0111
Nationwide: 1-800-367-6159
STAR TELLER Direct Line:
Call Main Switchboard,
Option 5
Change PIN 24/7
ATM or Debit Card
call 1-866-665-8716
To Report Lost Cards:
EFCU Debit Card
1-800-472-3272
MasterCard®
1-800-325-3678
Welcome to the EFCU
Field of Membership
Shop Smart with Us!
A to Z Lock and Safe
A to Z Security and Sound
Gilmore Insurance
John’s Pool Service
Williams Electric Company, Inc.
heck out AutoSMART™ at eglinfcu.org/auto. This auto shopping service will
assist you in locating new or used vehicles near you (within the US). You can
locate preferred dealerships that offer on-the-spot EFCU financing. You can also
use the payment calculators to find a specific vehicle that fits your budget, and
you can complete your loan application online. When you use AutoSMART these
dedicated employees are happy to answer your finance questions.
Invite a family
or household member
to join EFCU!
C
Our Indirect Lending Team:
Christie, Myke, Fallon
and Sara
Holidays
Offices will be closed to observe:
July 3.......................Independence Day
September 7..........................Labor Day
October 12.....................Columbus Day
Introducing Pocket Cents
V
isit our online student center at eglinfcu.org/studentcenter for the newest
addition: Pocket Cents. This site is dedicated to helping Youth, Tweens
and Teens, Young Adults, Parents and Educators, Families, Seniors and Service
members learn how to make smarter financial
decisions. There is something for everyone.
Pocket Cents provides numerous tools and
resources with valuable information to help our
Credit Union members save, manage and protect
their finances as well as plan for the future.
Dividends Declared
For the second quarter of 2015, 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.
We Do Business in
Accordancewiththe
FederalFairHousing
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 one or more of these sources: ©iStock, ©Fotolia. ©2015 Eglin Federal Credit Union.
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