January 2003
Credit
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For the members of Columbus Metro Federal Credit Union
More Alliance One
ATMs available
Stop throwing money away!
Avoid costly ATM surcharges by Consolidate your bills at rates as low as 5.99% APR*
using machines that belong to the during our Bill Consolidation Special
Alliance One ATM network.
Machines in California, Oregon, If the rates youre paying on your credit cards, depart-
Washington and Delaware have ment store charge cards and installment loans are too
recently been added to the high, its just like throwing money away. Stop wasting
program, which now includes moneyconsolidate your debt with a low-rate loan
more than 3,300 ATMs in 35 during our annual Bill Consolidation Special.
states and the District of Colum-
bia. To search for an Alliance Two loans to choose from
One ATM, visit our web site at This year, were offering two different ways to consolidate your bills.
www.colsmetrofcu.org and click Choose from these great loans:
on the Alliance One icon.
1. Bill Consolidation Loan For a limited time, you can borrow
up to $10,000 at rates as low as 9.99% APR*. The maximum term
Make your 2002 IRA is 48 months.
contributions now 2. Home Equity Loan With rates as low as 5.99% APR** and up
You can continue to make to 120 months to repay, a fixed-rate home equity loan is a great way
contributions to traditional and to consolidate bills. Borrow as much as your home equity allows
Roth IRAs and the Coverdell up to $50,000 or more. Plus, the interest you pay may be tax
Education Savings Account deductible.***
(formerly the Education IRA) for
tax year 2002 until the April 15, The benefits of bill consolidation
2003 tax-filing deadline. Whether you choose our special Bill Consolidation Loan or a home
equity loan, consolidating your bills with Columbus Metro:
• Saves you money Consolidating your bills at these low rates
can save you hundreds, even thousands of dollars in interest costs
INSIDE THIS ISSUE and help you pay off your debts faster.
• Saves you time Instead of paying a stack of bills, you make
Annual meeting set .......... 2 just one low payment each month.
• Is hassle-free Well pay off your creditors directly, so you wont
Speed up the drive-thru have to do a thing!
with these tips .................. 2
Apply today
Reach your goals with For more information or to apply for either of our consolidation loans,
4 simple steps ................... 3 stop in one of our offices or call (614) 239-0210 or (800) 986-3876.
* APR=Annual Percentage Rate. The rate you pay may vary based on your credit history. Standard credit approval guidelines
When 0% financing apply. Offer ends March 15, 2003.
** APR = Annual Percentage Rate. The rate you pay may vary based on your credit history and loan-to-value ratio; stated rate
doesnt make sense .......... 4 is based on 80% or less loan-to-value. Standard credit approval guidelines apply. Offer ends March 15, 2003.
*** Check with your tax advisor regarding tax deductibility of interest.
LOCATIONS Annual meeting set; nominations
Mailing Address
P.O. Box 13240 needed for board of directors
Columbus, OH 43213-0240
Your credit union is now accepting nominations to fill three
Main Office positions on its board of directors. Elections will be held at Columbus
4000 E. Broad St. Metros annual meeting on Tuesday, March 11, 2003. The meeting will
Columbus, OH 43213 begin promptly at 4:30 p.m. in the WhitehallYearling High School
auditorium.
Phone (614) 239-0210 To be considered for candidacy by the nominating committee, you
(800) 986-3876 must be a credit union member in good standing, able to dedicate a
Fax (614) 239-0988 few hours a month to board activities, and willing to serve on a
volunteer basis.
Office Hours To apply, send a brief biography and written permission from
MTH 9:00 a.m. to 4:00 p.m. your supervisor allowing this time commitment during working hours
F 9:00 a.m. to 5:00 p.m.
to: Nominating Committee, Columbus Metro FCU, PO Box 13240, Colum-
S 9:00 a.m. to 1:00 p.m.
bus, OH 43213. Applications must be received by February 15,
Drive Thru 2003 to be considered.
MTH 8:00 a.m. to 4:30 p.m.
F 8:00 a.m. to 5:00 p.m.
S 9:00 a.m. to 1:00 p.m.
DSCC Building 20
Speed up the drive-thru with these tips
Phone (614) 237-4676 Our drive-thru tellers offer the following tips to help you take care of
Fax (614) 237-4931 business and get on your way as quickly as possible:
DFAS Building 21 • Be prepared. When you reach the window, have your picture ID,
Phone (614) 236-3371 your account number and your transactions ready.
Fax (614) 236-3380
• Be brief. The drive-thru is designed for quick, simple transactions. If
Office Hours (both branches)
you have multiple transactions or want detailed account information,
MF 9:00 a.m. to 4:00 p.m.
please come inside so that we can better serve you as well as our other
members. For the same reason, the following transactions can only be
TELEPHONE DIRECTORY processed inside: travelers checks, certified checks, credit card cash
advances, cash back over $1,000, rolled coin, account printouts, check
Main Number cashing for non-members and payroll advances. Requests for multiple
(614) 239-0210 or (800) 986-3876 money orders or counter checks must also be processed inside.
For Metro Teller, press 1
For Loan By Phone, press 2 • Be safe. For your safety, please do not walk up to the drive-thru
window.
Visa Balance/Payment Inquiries
(800) 600-5173
www.myccinfo.com
Lost/Stolen MasterMoney
Your source for mortgage loans
(800) 528-2273
Lost/Stolen Visa • Purchase or refinance
During regular business hours: • Fixed and adjustable rates
(614) 239-0210 or (800) 986-3876
After hours: (800) 991-4961 • Low down payments
• Terms up to 30 years
Internet & Email Addresses
www.colsmetrofcu.org
cmfcu@colsmetrofcu.org Contact our mortgage professionals for more information and current rates!
(614) 239-0210 or (800) 986-3876
Reach your goals with 4 simple steps KEY RATES
Have you thought about your SAVINGS & INVESTMENTS
short- and long-term goals lately? Regular Money Market
Maybe you want to upgrade where $1,000 minimum ............ 2.00% APY
you live, make sure you have a
comfortable retirement, or reduce Super Money Market
$20,000 minimum .......... 3.00% APY
your household debt. If youre not
satisified with the progress youre making to reach those goals, the new 6 Month Share Certificate
year is a perfect time to kick your savings into high gear. $1,000 minimum ............ 2.50% APY
Saving can be easy
Reaching your goals will be easier with helpweve got four simple 12 Month Share Certificate
steps to help you jumpstart your savings habits. $500 minimum ............... 3.00% APY
1. Plan it! Choose a goaleveryone needs one as motivation for their
savings efforts. 15 Month Add-On Certificate
2. Set a plan for paying off credit cards and other debts. $500 minimum ............... 3.00% APY
3. Select savings plans that are right for you (we can help). (Allows additional deposits of $250 or
4. Start saving to build your financial independence! more throughout the term of your certificate)
Columbus Metro offers a variety of savings products that can help
36 Month Share Certificate
you reach the goals you identify, including Christmas and Vacation Club $500 minimum ............... 4.00% APY
accounts, money market accounts, share certificates and Individual
Retirement Accounts. For more information about any of our savings 60 Month Share Certificate
products, visit our web site at www.colsmetrofcu.org, stop in any of our $500 minimum ............... 4.75% APY
offices or call us at (614) 239-0210 or (800) 986-3876.
And, to help you learn more, we have more information on our web Education Growth Fund Certificate
site. Look for the Plan it. Save 4 it.TM icon. Youll find debt reduction and $250 minimum ............... 2.75% APY
budget planning tips as well as links to calculators that can help you set
savings goals for the things you need. LOANS
New VehicleFixed Rate
As low as ........................ 4.99% APR*
Maximum term 72 months
We’re always open @
www.colsmetrofcu.org Used VehicleFixed Rate
As low as ........................ 5.99% APR*
2001 & OlderMax. term 66 months
Home Equity LoanFixed Rate
One-stop shopping for vehicle buyers As low as ....................... 5.99% APR**
In the market for a quality new or pre-owned Home Equity Line of Credit
vehicle? Experience one-stop shopping at: Redi-Line ......................... 6.00% APR
First MortgagesFixed Rate
Dave Gill Pontiac/GMC Truck
15 year .......................... 5.72% APR***
4700 E. Broad St., Columbus 30 year .......................... 6.21% APR***
(614) 861-6230
Rates current as of 12/20/02 and subject to change
Len Immke Buick without notice. See a Member Service Representative for
full details. APY=Annual Percentage Yield. APR=Annual
300 N. Hamilton Rd., Columbus Percentage Rate. Loans made subject to standard loan
(614) 864-9200 approval guidelines. *The rate you pay may vary based on
your credit history. **The rate you pay may vary based on
your credit history and loan-to-value ratio. ***Quoted rate is
for loans over $125,000 with payment of 1 point.
Here’s how it works: Visit the dealership any
time it’s open—including evenings and week- Your savings federally insured to $100,000
ends. Make your best deal on a vehicle and ask NCUA
RELAX! Buying a new for Columbus Metro financing. They’ll take care National Credit Union Administration,
a U.S. Government Agency
vehicle is easier than ever of your application on the spot. Now that’s
with one-stop shopping convenient!
from Columbus Metro!
When 0% financing doesn’t make sense
Its hard to believe, but its true: Financing your new car through the
credit unioninstead of taking the dealers 0% financingcan actually
save you money on your next new car.
Heres why: The 0% financing heavily advertised by dealers often
comes linked to a short repayment term, which means sky-high monthly
payments. Whats more, opting for the special financing usually prohibits
you from taking any rebates being offered by the manufacturer.
When you take the rebate, you
reduce the amount that you are
financing. And that has a larger
impact on monthly payments and Financing comparison Dealer Columbus Metro
Financing Financing
total interest charges than the
interest rate does. When you take Loan Rate 0% APR 4.99% APR*
the rebate and combine it with our Loan Term 36 months 48 months
low-rate financing, you come out Price of Car $20,000 $20,000
ahead! Down Payment/Trade-In –$2,500 –$2,500
Our chart at right shows you Rebate $0 –$2,000
the truth about these advertised Amount of Loan $17,500 $15,500
specials. As you can see, a loan
from your credit union PLUS the Monthly Payment $486 $357
rebate is your best option when Total Amount Paid $17,500 $17,302
financing your new vehicle.
*APR = Annual Percentage Rate. Rate available on new vehicles financed up to 72 months. The rate you pay may vary
based on your credit history. Rate current as of 12/20/02 and subject to change without notice.
Monday, February 17
Presidents Day
Monday, January 20
King, Jr. Day
Martin Luther
HOLIDAY CLOSINGS
UPCOMING
2003
COLUMBUS, OH 43213-0240
P.O. BOX 13240
Westerville, OH
Permit 190
PAID
U.S. Postage
Standard
Presorted