231013 jul 03 nl/dela 1st

Spreading Our Wings
Delaware First Federal Credit Union
Sharing the American Dream
Spring 2006
Window of Opportunity
For a limited time, Delaware First is
offering a special 23-month share certificate at:
4.75% APY*
The minimum deposit is only $500, and
your funds are insured up to $100,000 by the
National Credit Union Administration, an
agency of the U.S. government.
Call or stop by to open your share
certificate today.
If you’re in the market for a new or used car or truck, Delaware First
is going to make it easier than ever to get what you want. During two
upcoming car sales, DFFCU will offer:
*APY = Annual Percentage Yield
1/2% Off Vehicle Loan Rates
The discount is below our regular (already low) rates and the sale
applies if you have your loan preapproved before the sale you attend.
April 27 - 29
Knowledge Is Power!
For Members Only at participating dealers
New and Used Vehicles
Look for the enclosed insert for full details and soak up the savings!
May 20 & 21
GM Tent Sale
New Vehicles Only
Saturday 9-5 and Sunday 11-5
GM Boxwood Plant Location
To get your loan preapproved, apply online at www.delawarefirst.com
or stop by either branch.
Q U A L I T Y
S E R V I C E ,
When you’re buying a car, the more you
know, the more you’re likely to save. Take
advantage of Motor Vehicle Certification
Program (MVCP). MVCP is a free carbuying service available to all Delaware
First members.
MVCP can give you all the information
you need on trade-in values and current
incentives on particular makes and models.
Let the experts at MVCP help you before
you shop for your next car. Simply call
1-800-345-0990 or visit www.mvcp.com.
M E M B E R S
F I R S T
“World’s Largest Stocking” Winners! Employee Center
Anyone who filled out an entry slip in
November and December was entered
into a drawing for the “World’s Largest
To help you get to know our staff,
each quarter we will feature
different Delaware First employees.
Stocking.” One stocking was given
Dee Taylor
away at each branch.
Dee has recently
celebrated her 25th
anniversary with
Delaware First
FCU. She has held
just about every
position the credit union
has to offer. She could probably run the
place all by herself! When you come in,
stop by her desk and say hello. She is
always happy to see members and
help them in any way she can. She
knows most of you by name!
Wilmington Branch winners were
Kevin and Ceila Fuller, pictured above
with their children.
The Middletown Branch winner was
Thomas Riale. Pictured left are his
daughter Mikaela and son T.J.
Judy Lawson
Celebrating Retirement
Two board members have decided to retire and pursue other interests.
We are very grateful to both of them for the many years of service to
Delaware First FCU.
Earvil (Whitey) Eastridge
Served on the Delaware First Board from 1993 to 2005
Whitey served on the board of directors for 13 years. He held
various positions, including treasurer, vice chairman and
recording secretary. He also served as chairman of the
supervisory committee. He volunteered his time and patience
for the good of our members and staff. For this we owe him
our thanks and gratitude. We honor Whitey for the time he
so graciously donated to improving our credit union’s
ability to help both our members and staff. Thank you,
Whitey. You will be missed!
Edward (Ed) Nadolny
Served on the Delaware First Board from 2002 to 2005
Ed served 4 years on the board of directors. He held the
position of recording secretary. He also served on the
supervisory committee. Ed not only donated his time to
the board meetings, he was also known to drop by the
credit union a couple of times a week just to make sure all
was well and everything was running smoothly. We would
like to take this time to thank Ed for all his time and effort.
He worked diligently to make our credit union’s progress in
all areas complete and efficient. Our thanks to Ed for his help and
consideration throughout his years of service.
Another oldtimer—Judy hasn’t
been with the credit
union as long as
Dee, but she is
working on it. She
started out as a teller and
now works in the back office. Every
now and then you will see her in the
lobby, where she is always happy to
spend a little time with members.
Election Results
★★★★★★★★★★★★
The Annual Meeting and
Election was held on March 18 at
the Wilmington Branch. The
following incumbent directors
were elected:
James G. Brown
Michael J. Matweychuk
Ernest E. Saunders
The officers were appointed at
an organizational meeting and are
listed on page 3.
★★★★★★★★★★★★
Rates of Interest
as of April 1, 2006
SHARE RATES
LOAN RATES
Annual
Percentage
Yield
Regular & Secondary Shares
$5 - $500 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.50%
$501 - $1,000. . . . . . . . . . . . . . . . . . . . . . . . . . . 0.50%
$1,001 - $25,000 . . . . . . . . . . . . . . . . . . . . . . 0.60%
$25,001 - $100,000 . . . . . . . . . . . . . . . . . . . 0.75%
$100,001 and over . . . . . . . . . . . . . . . . . . . 0.80%
Annual
Percentage
Rate
Personal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.99%
Home Equity – Fixed Rate . . . . . . . . 6.25%
Automobile/Motorcycle
New . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.75%
Used . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.75%
Club Accounts . . . . . . . . . . . . . . . . . . . . . . . . 0.25%
RV/Watercraft
New or Used . . . . . . . . . . . . . . . . . . . . . . . . . 9.99%
Checking Accounts . . . . . . . . . . . . . . . . . 0.25%
Money Market
$1,000 - $9,999 . . . . . . . . . . . . . . . . . . . . . . . . 1.00%
$10,000 - $49,999. . . . . . . . . . . . . . . . . . . . . 1.10%
$50,000 and over . . . . . . . . . . . . . . . . . . . . . 1.60%
Home Advantage
Card . . . . . . . . . . . . . . . . . . . . . . . . WSJ Prime Rate
MasterCard . . . . . . . . . . . . . . . as low as 9.25%
IRA Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.80%
Rates (except MasterCard) reflect 1⁄4% discount
for automatic payments or payments by payroll
deduction.
Share & IRA Certificates*
6 - 11 months . . . . . . . . . . . . . . . . . . . . . . . . . . 1.75%
12 - 23 months . . . . . . . . . . . . . . . . . . . . . . . . 2.00%
24 - 35 months . . . . . . . . . . . . . . . . . . . . . . . . 3.00%
36 - 47 months . . . . . . . . . . . . . . . . . . . . . . . . 3.10%
48 - 59 months . . . . . . . . . . . . . . . . . . . . . . . . 4.00%
60 - 71 months . . . . . . . . . . . . . . . . . . . . . . . . 4.25%
72 - 83 months . . . . . . . . . . . . . . . . . . . . . . . . 4.50%
84 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.75%
Rates are for qualified borrowers and subject to
our tiered loan policy. The rate for each loan will
be assigned at the time the loan is underwritten
based on the member's creditworthiness. Rates,
terms, policies and promotions are subject to
change without notice. All rates are annual
percentage rates (APRs).
Rates are subject to change without notice.
All rates are disclosed as annual percentage yields.
This is not intended to provide full disclosure.
Please contact our Member Service Department at
(302) 998-0665 for additional information.
www.delawarefirst.com
Main Office
1815 Newport Gap Pike
Wilmington, DE 19808-6241
Hours of Operation
Monday 6:45 a.m. - 5:00 p.m.
Tuesday & Wednesday 9:00 a.m. - 5:00 p.m.
Thursday 9:00 a.m. - 6:00 p.m.
Friday 6:45 a.m. - 6:00 p.m.
Saturday 9:00 a.m. - 1:00 p.m.
Member Services
Telephone Numbers
(302) 999-9730
(302) 998-0665
Outside New Castle County
Toll-Free
(877) 994-3626
Middletown Branch
Middletown Shopping Center
600 North Broad Street, Suite 10
Middletown, DE 19709-1032
Phone: (302) 378-5566
Fax: (302) 378-5565
Hours of Operation
Monday - Wednesday 9:30 a.m. - 5:00 p.m.
Thursday & Friday 9:00 a.m. - 6:00 p.m.
Saturday 9:00 a.m. - 1:00 p.m.
Loan by Phone
(877) 923-0198
Board of Directors
*There is a minimum deposit for share and IRA
certificates. Early withdrawal penalties apply.
Loan by Phone
(877) 923-0198
Consider Delaware First FCU for
Refinancing
or Debt Consolidation.
Holidays
William H. Wasik
Chairman
Daniel W. Komara
Vice-Chairman
James G. Brown
Treasurer
James Jones
Recording Secretary
Michael J. Matweychuk
Director
Ernest (Rock) E. Saunders
Director
Delaware First FCU will be closed in observance of the following holidays:
Memorial Day, May 30
Independence Day, July 4
Your savings are federally insured to $100,000
by the National Credit Union Administration, a
U.S. Government agency.
designed & printed by visions, ink. 260177 3/06
Triple Whammy...
BEWARE!
Every day you hear of new and
more inventive scams and other ways
to steal your identity. Some can seem
very persuasive. The crooks may even
your have account numbers and want
you to verify other information.
NEVER EVER give out personal
information if you have not initiated
the call or transaction. Instead, call
back on a phone number or visit a
website that you know to be valid. If
someone has a legitimate reason for
calling, they won’t mind you calling
back as an extra precaution.
If you’re having trouble paying the bills, you can do some things to alleviate
the pressure:
• Turn your thermostat down to as low as is comfortable and consider a
programmable thermostat to lower the temperature when you’re not home.
Weatherproof leaky areas with caulk and weatherstripping. Check
insulation in attics and crawl spaces to see if it is up to recommended levels.
• Try to work out a payment plan with your utility company. Enroll in the
company’s budget plan to average out the high and low payments. Ask
about discounts or extended payment dates.
• Apply for the Low-Income Home Energy Assistance Program (LIHEAP).
The top income a family of four can earn and still qualify ranges from
$21,285 to $49,700. Check their website at www.liheapch.acf.hhs.gov for
eligibility requirements and contact information.
• Claim tax credits if you insulate your home, replace single-pane windows,
buy exterior doors or buy a solar water heater. For details, go to
www.energy.gov/taxbreaks.htm.
• For credit cards with high interest rates, call the issuers and ask if they’ll
lower the interest rates. Try not to add new debt to your credit cards until
you’ve had a chance to pay them down.
• Ask your credit union for help setting up a spending plan. Or contact a
local Consumer Credit Counselling Service by calling 800-388-2227 or
visiting nfcc.org.
1815 Newport Gap Pike
Wilmington, DE 19808
See the complete list of our new
hours on page 3.
For those who carry large balances, the higher minimums
couldn’t have come at a worse time — just when holiday bills are
hitting statements. According to the Energy Information
Administration, U.S. consumers, on average, can expect to pay
$985 to heat their homes with gas, oil, propane or electricity between October and
March. This is up approximately $200 over last year.
New 4.75% APY Share
Certificate!*
Good news for our members who
start their work day early in the
morning — our Wilmington Branch
now opens at 6:45 a.m. on Mondays
and Fridays.
See inside for
details.
Early Birds!
Some families already living paycheck to paycheck have
been hit this winter by a triple whammy — high heating
bills, holiday debt and higher minimum payments on some
credit cards (USA Today 1/30/06).