SOAK UP - Wepawaug Flagg Federal Credit Union

SOAK UP
Summer
Summer 2015
Message from the President
New Convenient Services Are Here!
Dear Member:
We’ve made it a little easier for you to access your credit union account!
It has been an exciting year for your credit union.
We have rolled out online membership applications,
making it easier than ever for your family or coworkers
to enjoy the benefits of membership. Tell them about it
now.
We are now part of the CO-OP Shared Branch network.
With over 5,000 credit union branches participating
nationwide, as a member of Wepawaug-Flagg you
now have a branch network that is larger than Bank of
America and all but two banks in the nation. You can
expect outstanding service if you visit a shared branch
just as if you were walking into one of our offices.
Remember you must have a valid form of government
ID to do transactions at a shared branch. Please let us
know about your experiences with this new service.
There are APPs in the Apple and Google stores that
allow you to find shared branch and ATM locations
for Co-Op. Download the apps and always be near a
branch that can help you.
Please sign up for e-statements & notices. It is fast and
secure. We are still working on the Mobile APP and the
Mobile Deposit App for implementation this year.
The job growth in Connecticut remains slow but
steady and unlike much of the nation, we have not
replaced all the jobs lost in 2008-2009 recession. This
partially explains why our recovery doesn’t feel like a
great success. On a nationwide basis the economy
is much better and for the first time in almost seven
years we may see an increase in interest rates later
this year. There are still many experts who think rates
are not going to increase until 2017 or later because
of weakness in the worlds other major economies. I
don’t know who will be right but there is still time to
refinance higher rate debt and to finance automobiles
at historically low rates. Stop in and get prequalified for
a new or used auto today.
Sincerely,
Shared Branching- Access your WFFCU account from almost anywhere! We
have partnered with the CO-OP Shared Branching network to offer our members
a convenient way to access their accounts from almost anywhere.. Just go to the
CO-OP locator on our website, select “Shared Branching” and enter your zip code,
or town and state. The local participating credit unions will be listed. You’ll be able
to make cash or check deposits, make payments on your WFFCU loans, withdraw
cash, and get a printed history of your account. It’s like having a Wepawaug-Flagg
Branch almost anywhere you are. Plus, we have an App for your iPhone or Android
phone available to download to make finding a branch near year easier.
e-Statements & Notices-Use this with our Online Banking service (you will first
need to opt in) and view your monthly statements (excluding Visa Credit Card).
It’s also a great way to get rid of the paper clutter. Once you‘ve signed up for
e-statements you will not receive a paper statement. (You can opt back in to
receive a regular statement if necessary.) At the beginning of each month you’ll
receive an email from us when your statement is ready. It’s the fastest and the
easiest way to get your statements.
Online Membership Application-We’ve made it easier to become a WFFCU
member! We now have an online application you can use to sign up! (Must be
18 or older). It’s a convenient way to become a member . (Remember immediate
family members can sign up.) Just click the “Apply for Membership” link on the
front page of our website and follow the prompts.
Mobile Banking & Deposit Capture- Coming later this year! Use your cell phone
or tablet to access your account. Check balances, transfer money between
accounts, even deposit checks. Watch our website for details.
2015 Annual Meeting
The 2015 Annual Meeting was held on April 22 at the Country House Restaurant in
East Haven. Over 85 Members were in attendance that enjoyed a great dinner and
many went home with some great raffle prizes.
President
Visit us at wffcu.org
The election of officers were as follows:
John Manning • Ceil A. Petrone • Thomas S. Dorr
All three were elected for 3 year terms.
Quassy Amusement Park
Discount Tickets
Wepawaug Flagg Helping the Community
We continually look for ways to support our community. Here are just a few of the ones
we helped over the past few months…
Wepawaug-Flagg once again supported the annual Hamden Police and Connecticut
Classic Chevy Memorial Day Car Show at Quinnipiac University. The money raised
goes to local charities.
Tip-A-Cop. Wepawaug-Flagg again proudly participated in this annual event run by the
Hamden Police Department. Proceeds of the event go to Connecticut Special Olympics.
We supported the Smilo Cancer Hospital at Yale New Haven.
Quassy Amusement Park discount tickets are available
again this year. As a member of Wepawaug-Flagg
FCU, you are eligible for discounts. Just go online to
www.Quassy.com, go to the “buy tickets” tab, click
orange promo code button, put in our company code
“wffcu”, and hit continue to make a purchase.
We donated to the Craig Hillo Memorial Sports Scholarship in North Haven.
If you’re planning on adding a
pool, fixing the roof or other home
improvements this summer, your timing
couldn’t be better. Our Home Equity
Loan rates are currently very low.
Now is the time to apply and save!
Refinance Your Mortgage
with No Closing Costs!*
APR***
• Reduce your current mortgage rate and term–
at no cost to you!
3.50%
APR*
(10 and 15 year terms also available.)
To apply stop in or use our online loan application at wffcu.org.
*APR=Annual Percentage Rate. Rates Effective 7/1/2015. Rates are subject to change without notice. 5 year fixed rate,
3.50% Annual Percentage Rate (APR). A $15,000 loan, with an APR of 3.50% and an LTV of 80%, you would make
60 monthly payments of$272.85. To estimate monthly payment, use $18.19 per $1000 borrowed. Minimum borrowed
amount is $15,000.
Special Rate for 10-year
first mortgage loan**
3.75%
5 Year Home Equity Loan
• Take additional cash for any reason (pay off a second mortgage or other debt).
Get rates as low as 2.00% APR!
1
• We will not sell your mortgage to anyone.
• No mortgage on your home? Borrow $25,000 or more for any purpose.
And, we’ll give you Kelley Blue Book®
Trade-In Value for your vehicle.2
• Minimum loan is $25,000.
Upon used vehicle purchase from Enterprise Car Sales.
• Maximum loan to value is 80%.
July 1 – 31, 2015
Call 203-288-1695 to get pre-approved by your credit union today!
Questions? Want a payment quote?
Call us at (203) 288-1695 and ask to speak
to a loan department representative!
Call 866-227-7253 for the nearest Enterprise Car Sales location
or preview our great selection of quality used vehicles at enterprisecarsales.com/cuautorates
*Closing costs must be reimbursed only if mortgage is paid in full within two years.
**Not for home purchase.
***APR=Annual Percentage Rate. Cannot be used to refinance an existing
WFFCU mortgage loan unless taking $25,000 in “new money.” WFFCU does
Consumer disclosures: 1: APR=Annual Percentage Rate. Rates as low as 2.00% APR for up to 60 months. Lower rates will be available for shorter term lengths. This is a buy down rate. The amount of
Consumer
1: Financing
APR=Annual
asFinancing
low as 2.00%
APR
for up to 60Federal
months.
rates willNot
beallavailable
not escrow for taxes and/or insurance.
buy down will not affect
the price ofdisclosures:
the vehicle. 100%
availablePercentage
including Tax,Rate.
Title andRates
License.
for qualified
Wepawaug-Flagg
CreditLower
Union members.
buyers will qual
forbased
shorter
term lengths.
Thismonthly
is a buy
down
rate.per
The
amount
of for
the60buy
down
will APR.
not affect
theonlyprice
of the Car
vehicle.
100%purchased
Financing
On a $25,000 loan at 3.75% for 10 years, the approximate monthly payment
Actual rate may vary
on creditworthiness.
Sample
payment
= $17.53
$1,000
borrowed
months
at 2.00%
Offer valid
on Enterprise
Sales vehicles
from 7/1
– 7/31/15. Wepawaug-Flagg
Credit Tax,
UnionTitle
is federally
by theFinancing
NCUA. 2: Kelley
Blue Book Wepawaug-Flagg
Trade-In Values used byFederal
EnterpriseCredit
are obtained
frommembers.
© 2015 Kelley
BlueallBook
Co.’s website
availableFederal
including
and insured
License.
for qualified
Union
Not
buyers
will KB
is $250.15. To estimate a monthly payment, use $10.00 per $1,000 borrowed.
com. Kelley Blue Book
Trade-In
Value israte
based
on accurate
conditiononrating
and mileage of vehicle.
Accurately
appraisingpayment
the condition
of the vehicle
an important
aspect of determining
its Kelleyat
Blue Bo
qualify.
Actual
may
vary based
creditworthiness.
Sample
monthly
= $17.53
peris $1,000
borrowed
for 60 months
Rate effective July 1, 2015, and is subject to change without notice.
Trade-In Value. Kelley
Blue Book
adjustments
for vehicle
mileageCar
disproportionate
to the age
of the vehicle
may7/1/15
be capped
by Enterprise
Car Sales at 20% of the
vehicle’sCredit
base value.
If a Kelley
2.00%
APR.valuation
Offer valid
only on
Enterprise
Sales vehicles
purchased
from
– 7/31/15.
Wepawaug-Flagg
Federal
Union
is B
Book Trade-In value is not available for customer’s vehicle Enterprise will provide a fair and competitive value for customer’s vehicle. Customer is responsible to any extent vehicle pay-off exceeds Enterpr
federally
by the
NCUA. 2: Kelley and
Blueall Book
Trade-Inpaperwork
Values toused
by title.
Enterprise
fromfor© each
2015Enterprise
Kelley vehicle
Blue Book
Co.’s
offer. Customer must
provide insured
required proof
of ownership/registration
other necessary
transfer
Offer onlyare
validobtained
on one trade-in
purchase.
Restrictio
KBB.com.
Kelley
BlueOffer
Book
ValueUsed
is based
rating
and mileage
vehicle.
apply. For details, website
see an Enterprise
Car Sales
Manager.
voidTrade-In
where prohibited.
vehiclesonareaccurate
previously condition
part of Enterprise
short-term
rental andoflease
fleet orAccurately
purchased byappraising
Enterprise from ot
condition
the vehicle
is short-term
an important
aspect
of determining
Kelley Blue
Book
Value. Kelley Blue Book valuation
sources including the
auto auctions,
withof
previous
use possibly
rental, lease
or other.
This offer cannotits
be combined
with any
otherTrade-In
offer.
adjustments for vehicle mileage disproportionate to the age of the vehicle may be capped by Enterprise Car Sales at 20% of the vehicle’s
The “e” logo, Enterprise,
“Haggle-free
buying.Blue
Worry-free
ownership.”
trademarks
of Enterprise
Holdings,
Inc. All other trademarks
are the propertywill
of their
respective
owners.
2015 Enterprisevalue
Car Sales.
baseandvalue.
If a Kelley
Book
Trade-Inarevalue
is not
available
for customer’s
vehicle Enterprise
provide
a fair
and©competitive
for customer’s vehicle. Customer is responsible to any extent vehicle pay-off exceeds Enterprise offer. Customer must provide required
proof of ownership/registration and all other necessary paperwork to transfer title. Offer only valid on one trade-in for each Enterprise
vehicle purchase. Restrictions apply. For details, see an Enterprise Car Sales Manager. Offer void where prohibited. Used vehicles are
previously part of Enterprise short-term rental and lease fleet or purchased by Enterprise from other sources including auto auctions, with
previous use possibly short-term rental, lease or other. This offer cannot be combined with any other offer.
The “e” logo, Enterprise, and “Haggle-free buying. Worry-free ownership.” are trademarks of Enterprise Holdings, Inc. All other trademarks are the property of their respective owners. © 2015 Enterprise Car Sales.
HOLIDAY CLOSINGS
Independence Day
Friday and Saturday
July 3 & 4
Labor Day
Monday, September 7
CONTACT INFO
MAIN OFFICE (203) 288-1695
NEW HAVEN OFFICE (203) 946-8700
SCSU OFFICE (203) 392-9900
www.wffcu.org
TouchTone Teller (203) 281-5059
VISA® Credit Card
After Hours (800) 433-0505
MasterMoney Debit and ATM Card
After Hours (800) 754-4128