E FEDERAL HAS A MORTGAGE FOR YOU!

225-214-6800 • 1-800-963-3328 • efederal.org • P.O. Box 91001, Baton Rouge, LA 70821
a newsletter for E Federal Credit Union Members published three times a year
2012 Issue III
E FEDERAL HAS
A MORTGAGE FOR YOU!
With E Federal’s new Mortgage options, there’s a mortgage for everyone:
•
•
•
•
•
FHA Loans
USDA Loans
HARP Loans
VA Loans
15, 20, 30-year Fixed Rate Loans – standard home loans with low down
own
payment requirements and low private mortgage insurance costs
• Fixed-Rate Jumbo Loans – for mortgages between $417,001 and
• One-Year ARM Loans – great choice for a starter home you plan to
live in for a short time
• Construction Loans –
construction, which can be converted to a permanent mortgage once
• Manufactured Home Loans (with or without land) – we offer great
homes
• One-Year ARM Unimproved Property Loan – use to purchase
vacant land
Look to E Federal for customizable mortgage loans for unusual
circumstances. Call our mortgage specialists, Amy Edmonston or
Renee Jones, at (225) 215-2696 for more information or apply at
our online Mortgage Center at efederal.org.
SCAN FOR
MORE INFO:
(Left to Right) Renee Jones – Mortgage Lending Underwriter, Jim
Nieman – Vice President of Business & Mortgage Lending, Lakisha
Honore – Mortgage Lending Processor, Amy Edmonston – Mortgage
Lending Originator, and Kaci Stevens – Mortgage Lending Processor
GET SOCIAL WITH E FEDERAL!
Connect with E Federal on Facebook (facebook.com/EFederalCU) and Twitter (@EFederalCU). We’ve joined the social
upcoming seminars and events, enter to win prizes, and even have a laugh or two!
To join in, “like” us on Facebook at facebook.com/EFederalCU or follow us on
Twitter @EFederalCU. Check back often; we have plenty of valuable and moneysaving information for you. If you have a question, comment or idea to share, feel
free to post on our wall or message us. We’re excited to connect with you!
@EFederalCU
facebook.com/EFederalCU
NEW FACES
EFCU’S BOARD
ELECTION PROCESS
MORE OPTIONS
E Federal is hard at work fulfilling our mission to provide comprehensive financial solutions to our members. We are proud to now
offer business lending and twice as many mortgage products. Meet our new industry experts ready to assist you with these options:
Kirk Maynard joins EFCU’s management team as Business
Lending Manager. He graduated from UL Lafayette in
2002 majoring in Finance and Economics. In 1999, he began
his career in the financial industry as a teller. From there,
he moved on to Consumer Underwriting, then to Business
Underwriting. Before coming to E Federal, Kirk spent five
years as a Commercial Lender for a local community bank.
He is also a member of the Baton Rouge Area Chamber 2010
Leadership Class.
Amy Edmonston joined EFCU on August 22, 2012 as a
Mortgage Lending Originator. She earned a Bachelor of
Science degree in Marketing with a concentration in Business
Management from Kutztown University in Pennsylvania. Over
her 20 year career, Amy has worked in consumer lending, as
a branch manager and in the Personal and Corporate Trust
Department within various financial institutions. For the last
nine years, she’s worked in the mortgage lending sector and
brings a great deal of expertise to E Federal Credit Union.
Contact Kirk today for more information on any
of our Business Lending options:
• Commercial Mortgages
• Owner Occupied Commercial Real Estate
• Commercial and Industrial Lines of Credit
• Machinery and Equipment Loans
• Rental Properties
• Working Capital Lines of Credit
Amy is ready to help you find the right mortgage
product to fit your individual needs from EFCU’s
expanded mortgage options (more info on page 1):
• VA and FHA Loans
• USDA Loans
• HARP Loans
• 15, 20, 30-year Fixed Rate Loans
• Fixed-Rate Jumbo Loans
• One-Year ARM Loans
• Construction Loans
• Manufactured Home Loans
• One-Year ARM Unimproved Property Loans
Kirk Maynard:
(225) 214-6889 ● [email protected]
Amy Edmonston:
(225) 215-2696 ● [email protected]
2013 BOARD ELECTION
CALL FOR NOMINATIONS
E Federal Credit Union is beginning the process for the 2013 EFCU Board elections. The Board-appointed Nominating
Committee is soliciting nominations from the general membership.
If you’re a member in good standing with management experience and a strong
desire to serve your fellow members as a volunteer director, mail your résumé
and cover letter for consideration to:
Nominating Committee – E Federal Credit Union
P.O. Box 91001
Baton Rouge, LA 70821
Applications must be received by Friday, December 7, 2012.
ANNUAL MEETING SCHEDULED
FOR MARCH 23, 2013
39582-28146_Fall_12_eNews.indd 2
As a reminder, the following is EFCU’s
Board Election Process:
At least 120 days prior to the Annual
Membership Meeting, the Board of
Directors will name a Nominating
Committee comprised of three
directors to:
• ­Solicit nominations from the general
membership 120 days prior to the
annual meeting.
• ­Determine the candidates’ qualifications
and nominate at least one member for
each vacancy on the Board.
• ­Notify members of the upcoming
elections and the names submitted
by the Nominating Committee in
writing at least 75 days before the
scheduled annual meeting.
Nominations by petition signed by 1%
of the membership, with a minimum
of 20 signatures and a maximum of
500 signatures, may be made within 40
days of the upcoming annual meeting.
Nominations from the floor at the
annual meeting are not accepted.
The final slate of nominations, along
with a brief statement of qualifications
and biographical data on each candidate,
will be posted at all credit union offices
at least 35 days before the annual meeting.
If no nominations by petition are
submitted, the candidates submitted
by the Nominating Committee will
be elected by acclamation. If any
nominations by petition have been
made, ballots will be distributed, the
vote taken and tallied, and the results
announced at the annual meeting.
All elections are determined by
plurality vote and will be conducted by
ballot except where there is only one
nominee for each position to be filled.
FRAUD PREVENTION
DON’T BE A MONEY MULE
HOLIDAY SCHEDULE
Job hunting? Watch out for bogus job offers for Payment Processors, Financial
Managers or Overseas Representatives. There is a fraudulent trend targeting
these positions known as the money mule scheme. The money mule scheme
starts by requesting new hires set up an account for ACH deposits and/or wire
transfers upon hiring, and then instructing them to unknowingly wire illegitimate
funds to fraudsters.
In observance of the following holidays, all
E Federal branches will be closed:
Be wary of jobs in these fields that:
• Contact you by finding your résumé posted online
• Ask you to open a new account to receive your earnings
• Instruct you to not share the details of your job with anyone
• Involve duties of wiring funds to other financial institutions (foreign and
domestic) or sending the funds to individuals via Western Union, and allow
you to keep a percentage of the funds as wages
THANKSGIVING
Thursday, November 22, 2012
Friday, November 23, 2012 @ Noon
This type of fraud is also happening through online dating websites, typically
through fraudsters posing as singles from outside of the US. Be cautious of
those trying to connect with you from overseas. Never give them money or
access to your online accounts.
Keep from being a money mule by:
• Regularly changing your password
• Keeping your password strong by using numbers and characters
• Closing your browser window after your online banking session is
complete.
As always, if you think you may be a victim of a money mule scheme, please
contact our Call Center at (225) 214-6800 right away. The security of your
accounts is very important to us, and we will do everything necessary to work
with you to keep your accounts safe.
Adapted from CU Members Recruited as Money Mules
www.cunamutual.com
COLUMBUS DAY
Monday, October 8, 2012
VETERANS’ DAY
Monday, November 12, 2012
CHRISTMAS
Christmas Eve - Monday, December 24, 2012 @ Noon
Christmas Day - Tuesday, December 25, 2012
NEW YEAR’S DAY
Tuesday, January 1, 2013
Even when our offices are closed, you still have surcharge-free
access to your money through our network of ATMs using the CU
Here Network, at all CVS stores in the Louisiana area, and across
the South at all Dolphin ATM Alliance ATMs. Plus 24/7 account
information access through ExPress Branch at efederal.org!
A MESSAGE FROM eNET FINANCIAL SERVICES
WORKING WITH A
FINANCIAL PROFESSIONAL
A qualified financial professional is trained to estimate
your financial needs, minimize the impact of taxes, and
pursue portfolio diversification. Moreover, a good financial
professional can help reduce the emotions involved in decision
making and keep your long-term strategy on track.
Whether you are an experienced investor or just starting out,
a financial professional can help support your financial goals
and bring clarity to issues you may not have thought about.
Call today for more information or to schedule a
complimentary consultation.
Bill Poulter or Judith Sinclair
LPL Registered Representatives
(225) 292-5550
Bill: ext 12
[email protected]
Judith: ext 13
[email protected]
Securities offered through LPL Financial, Member FINRA/SIPC. Insurance
products offered through LPL Financial or its licensed affiliates.
No Credit Union
Not NCUA Insured
May Lose Value
Guarantee
LPL Financial is not affiliated with E Federal Credit Union
9/26/12 1:08 PM
M A R K YO U R C A L E N DA R F O R T H E S E
UPCOMING EVENTS
First Time Homebuyer’s Seminar - Tuesday, October 16
Getting Ready for College Workshop - Thursday, October 18
Deadline for applications for Board of Directors - December 7
RETIRE MORTGAGE FREE WITH OUR
GET AHEAD MORTGAGE
Visit efederal.org for more information.
Enjoy a debt-free retirement by taking advantage of E Federal’s
GET AHEAD MORTGAGE!
CONGRATULATIONS TO THE SUE GESKE
SCHOLARSHIP WINNERS!
Congratulations Stephen Crosby, E Federal’s 2012 Sue
Geske Scholarship Award Winner! Stephen, a recent
graduate of Catholic High School, was presented with a
$1,000 college scholarship check by Cris Melancon, VP of
Marketing. Stephen will attend Texas A&M University to
study Biochemistry. Stephen is a second generation E Federal
scholarship winner. His mother, Katherine, was an EFCU
scholarship recipient in the 1980s.
Other 2012 winners include: Daniel Babin, Catholic High
School, $500 scholarship; Caleb Curry, The Runnels School,
and Breanna Lee, Baton Rouge Magnet High School, $250
scholarships each.
Pay off your mortgage in 10 years
Use it to consolidate other bills
Payments stay about the same
Closing costs? You pay $995, and
we’ll take care of the rest!*
Rates as low as 3%!
SCAN FOR MORE INFO:
* A full appraisal is included in the Closing Costs. Closing costs do not include the cost of prepaid expenses such as interest or the establishment of an escrow account for taxes
and insurance. The allowable loan amounts range between $50,000 and $250,000. Eligible properties must be within the 9-parish area surrounding Baton Rouge and include single
Manufactured homes are not eligible. Rates stated as Annual Percentage Rates (APRs) effective September 19, 2012 and include anticipated closing costs. Rates are subject to change
without notice. Stated rate is our lowest rate for the term shown. Rate may vary depending on credit worthiness. Please ask for details on how your rate is determined. Other
rates, terms and programs available. E Federal CU membership is required. Call 225.215.2696 for information on our mortgage programs. The actual payment obligation could be
greater when including taxes & insurance premiums.
Every summer, E Federal honors young members for their
outstanding high school academic and extracurricular efforts
through our Sue Geske Scholarship program. This year’s
applicants prove there are quite a few outstanding students
in our E Federal family! Each showed an impressive array of
academic, community and volunteer activities.
Federally insured by
P.O. Box 91001 • Baton Rouge, LA 70821
Your savings federally insured to at least
$250,000 and backed by the full faith and
credit of the United States Government.
Thank you to all of the 2012 Sue Geske Scholarship applicants
and recipients.. Congratulations and kkeep
eep uup the ggreat
reat work!
IN THIS ISSUE
E Federal Has a Mortgage for You
Get Social with EFCU
New Faces, More Options
Fraud Prevention
Upcoming Events
Sue Geske Scholarship Winners
Holiday Schedule
Retire Mortgage Free
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