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					                                                             APRIL 2009




 Fifty Years Worth
 Celebrating!                                                                        50
                                                                            Fifty Years...Together!
W
         hen our Credit Union was chartered
        on December 18, 1959, our goal was to
        establish a safe and sound financial
                                                                                ny 50th Anniversary celebration honors
home that would benefit our members. In 50
years we have acheived that goal many times over...
and that’s a record worth celebrating!
                                                                            A    those who made the journey... that’s
                                                                                  YOU, NBCUEFCU members! Here’s
                                                                            what we’re planning:
1959... Was a Very Good Year!                                               ■  Year-Long Celebration– we’re
The Credit Union was chartered during a year                                planning some exciting events for all to
of exciting changes. Not only did employees of NBC gain access to           share. Watch for announcements about
the friendly, members-first Credit Union we still enjoy today... we also
                                                                            upcoming anniversary events and rewards.
welcomed two new states, Alaska and Hawaii.
                                                                            ■   And a Party, Too– We’ll host an
             Alaska, Hawaii, and... TANG!                                   Anniversary party on Friday, December 18th,
            TANG was invented, but not for the space program. That’s an     exactly 50 years from our charter date. The
            urban legend which evolved when the General Foods               details will be announced later, but we promise
             Corporation advertised NASA’s use of the beverage on           it will be a party to remember.
             Gemini flights. But it was fun to drink an out-of-this-world
             beverage... and back on earth, it was great to finance a ‘59   A Benefit for the ‘09 Economy
       Ford with a brand-new, Credit Union auto loan!                       NBCUEFCU members know that the Credit
                                                                            Union doesn’t offer sub-prime or other risky
 NBC Airs First Episode of Bonanza                                          loans. That’s especially important in 2009, when
 The first episode of NBC’s Bonanza was aired on                            we can proudly say that the Credit Union didn’t
 September 12, 1959... and America fell in love with                        take bailout money... and doesn’t NEED bailout
 the program! While the Cartwrights protected the                           money! You can’t put a price on our safe and
 Ponderosa from ruthless mineowners who wanted                              sound operations... but you can SHARE this
 the ranch for its resources, the Credit Union                              benefit by referring your eligible family
 protected member assets with prudent operations
                                                                            members to join! That’s why we’ll launch an
 that stand to this day. It is still “Safety First” at NBCUEFCU.
                                                                            Anniversary Membership Drive packed with
                                                                            rewards this year. Watch for details!
                     A Gargoyle on the Airplane Wing...
                    ... and other fantastic concepts were showcased on               WHAT Credit Freeze?
                   “The Twilight Zone,” which premiered in 1959. Lauded
                                                                            OK, maybe there’s a credit freeze at outside
                   as “the first adult science fiction program,” we also
                                                                            banks, but not at NBCUEFCU! We’re offering all
                  loved it for the moral twist that ended each episode.
                                                                            the credit services our members need. See our
                 Meanwhile, at the Credit Union there were plenty of
                 UFOs... or “Unlimited Financial Opportunities.”            current affordable loan
                                                                            values on the back page,
                                                                            and watch for more loan
         From 1959 to 2009... Members Rule!                                 values in 2009. Loans
 NBCUEFCU has undergone many changes since we were chartered in 1959,       have ALWAYS been a
 but one thing remains the same: service. We operate to benefit our         great member benefit!
 members, NOT to make a profit! That’s the advantage you love!              All loans are subject to credit approval.
  YOUR
                                                                                          We Have Money to Lend!
  FINANCIAL                                                                                 Your Car
  FUTURE
 By IRA CANDIB, CFP®                                                                        Visa Card
Is it possible to accidentally
disinherit my heirs?
                                                                                       Personal Needs
Yes. One of the most tragic estate planning mistakes is
                                                                                       Loans to help you make property
unintentionally disinheriting an heir. Here are some of the
most common ways this unfortunate situation can occur.                                         or income tax payments,
One of the biggest causes of accidental disinheritance is                               refinance higher-cost debt, and
the simplest: failure to make a will. In this case, property                            for many other consumer needs
passes according to the intestacy laws of the state in
                                                                                              BCUEFCU has money to lend NOW for the new or used car, truck, SUV or
which you're "domiciled."
Making an ineffective or faulty will can also result in
misdirected allocations. For example, you may fail to
                                                                                        N    f van of your choice. We also support our members with affordable Visa
                                                                                        Cards, Personal Loans and Credit Lines! There is no credit freeze at NBCUEFCU...
provide for children born after you make your will (this is                             so, upon credit approval, we’ll loan the money you need to make the most of
what happened to Anna Nicole Smith and Heath Ledger).                                   today’s auto bargains and other financial opportunities.
The lesson here is to forgo the do-it-yourself kit and hire
an experienced estate planning attorney to draft and                                    ■      Auto Loans with FIXED rates as low as 4.75% APR.* Qualified members can
execute your will, and review it every year or two.                                            take advantage of terms from 36– 84 months for new vehicles, 36– 72 months
Failing to update your will can result in allocations that                                     for used vehicles. Or, refinance higher-rate loans from other lenders.
are made according to an old will. This can lead to
                                                                                        ■      Personal Loans as low as 10.90% APR.* Terms up to 48 months, or choose
unwanted allocations (for example, the disinheritance of
                                                                                               a revolving credit line. Use funds for any consumer or personal need.
children when Mom or Dad remarries and everything
passes to the new spouse). Make it a rule to review and                                 ■      Visa Credit Card as low as 9.90% APR.* No annual fee, & balance transfers
update your will periodically, especially after major life                                     of higher-rate cards are available.
events such as marriage, a birth or adoption, divorce, or
death. Also, update beneficiary designations (for life
                                                                                        Apply online, or stop by or call our office for loan assistance.
insurance policies, retirement accounts, payable on death                                                 (800) 487-7283, Ext. 3640 or 4931 www.nbcuefcu.org
accounts, etc.) annually. And, remember that beneficiary
                                                                                        *APR = Annual Percentage Rate. All loans are subject to credit approval. Interest rate is based on credit risk
designations trump provisions made in your will.                                        as reported through Experian, 1nc. Other rates and terms are available.
A fourth cause of accidental disinheritance is what's
known as ademption. This is the failure of a specific
bequest made in a will because the property no longer
                                                                                                                                         Important Dates:
exists in the decedent's estate for some reason. For                                            Wednesday, April 15, 2009, last day to open or contribute to a 2008 IRA
example, you might leave your car to your son in your will,
                                                                                                             Monday, May 25 , Closed Memorial Day
and then sell or gift it to someone else before you die. A
similar situation can occur when a life insurance policy is                                                 Friday, July 3, Closed, Independence Day
allowed to lapse (so check that your elderly parents don't
forget to make their premium payments).from dictating
investment decisions.
                                      –Ira Austin Candib, CFP®                               RATE OF INTEREST                                                   Effective March 31, 2009
Ira Candib is a registered representative of and securities offered through                                                                                                Annual Percentage                            Annual Percentage
Financial Network Investment Corporation, a registered broker/dealer, member                SAVINGS                                                                                Rate (APR)                                   Yield (APY)
SIPC, 3807 Wilshire Blvd. Suite #1040 Los Angeles CA 90010. Financial Network
Investment Corporation and NBC Employees Federal Credit Union are not affiliated            Regular Share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.50% . . . . . . . . . . . . . . . . . . . . . 0.50%
companies. Brokerage services provided by Financial Network Investment                      Club Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.50% . . . . . . . . . . . . . . . . . . . . . 0.50%
Corporation. Mutual funds, annuities, and other investments available through               30-60 Day Share Certificate . . . . . . . . . . . . . . . . . . . . . . . . . . 1.20% . . . . . . . . . . . . . . . . . . . . . 1.21%
Financial Network Investment Corporation are not deposits, are not insured by
NCUSIF or any other regulatory agency, nor are they obligations of or guaranteed            90-179 Day Share Certificate . . . . . . . . . . . . . . . . . . . . . . . . . 1.30% . . . . . . . . . . . . . . . . . . . . . 1.31%
by NBC Employees Federal Credit Union or and other affiliated entity. Such invest-          180-269 Day Share Certificate . . . . . . . . . . . . . . . . . . . . . . . . 1.40% . . . . . . . . . . . . . . . . . . . . . 1.41%
ments will fluctuate in value and are subject to investment risks, including loss of        270-365 Day Share Certificate . . . . . . . . . . . . . . . . . . . . . . . . 1.50% . . . . . . . . . . . . . . . . . . . . . 1.51%
some or all of the principal.                                                               90-180 Day JUMBO Share Certificate . . . . . . . . . . . . . . . . . 1.60% . . . . . . . . . . . . . . . . . . . . . 1.61%
Articles written by Forfield Inc.and not the presenting representative or the repre-        High-Yield 9-Month Share Certificate . . . . . . . . . . . . . . . . . 1.75% . . . . . . . . . . . . . . . . . . . . . 1.76%
sentatives broker dealer and should not be construed asinvestment advice. The               High-Yield 6-Month JUMBO Share Certificate . . . . . . . . . 1.80% . . . . . . . . . . . . . . . . . . . . . 1.81%
articles contained is a service provided by Ira Candib. Please note that neither
Financial Network nor any of it's agents give legal or tax advice. For complete             High-Yield 12-Month JUMBO Share Certificate . . . . . . . . 1.90% . . . . . . . . . . . . . . . . . . . . . 1.92%
details consult, your tax advisor or attorney.                                              12-Month IRA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.90% . . . . . . . . . . . . . . . . . . . . . 1.92%
                                                                                            36-Month IRA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00% . . . . . . . . . . . . . . . . . . . . . 2.02%

                                                                                            LOANS                                                                                Rate                           Maximum Term
                                                                                            100% Share-Secured . . . . . . . . . . . . . . . . . . . . . . Share Rate + 1% . . . . . . . . . . . . . . 144 Months
                                                                                            Certificate-Secured . . . . . . . . . . . . . . . . . . . . . . . . Cert. Rate + 2% . . . . . . . . . . . . . . 144 Months
                                                                                            First Trust Deed Referrals
                                                                                                Fixed & Variable . . . . . . . . . . . . . . . . . . . . . . . . Current Market . . . . . . . . . . . . . . 360 Months
                                                                                            Home Equity/Adjustable . . . . . . . . . . . . . . . . . . . . . Current Market . . . . . . . . . . . . . . 240 Months
   The Peacock Press is published periodically for members of                               Second Trust Deed, Fixed Rate . . . . . . . . . . . . . . . . . . . . . . . 6.50% . . . . . . . . . . . . . . 120 Months
         NBC Universal Employees Federal Credit Union                                       Second Trust Deed, Fixed Rate . . . . . . . . . . . . . . . . . . . . . . . 7.00% . . . . . . . . . . . . . . 240 Months
   3000 West Alameda Avenue, Burbank, CA 91523                                                                                                                           Rate as low as*
   Bungalow 1550                                                                            New Vehicle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.75% . . . . . . . . . . . . . . . 36 Months
   Studio Office, Admin 131                                                                 New Vehicle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.99% . . . . . . . . . . . . . . . 60 Months
   (818) 840-4007 • Toll-Free (800) 487-7283                                                Used Vehicle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.75% . . . . . . . . . . . . . . . 36 Months
                                                                                            Used Vehicle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.99% . . . . . . . . . . . . . . . 60 Months
   Telephone Teller: (818) 848-7991                                                         Computer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.90% . . . . . . . . . . . . . . . 36 Months
   www.nbcuefcu.org                                                                         CompuCredit/Line-of-Credit . . . . . . . . . . . . . . . . . . . . . . . . . . 9.90% . . . . . . . . . . . . . . . 48 Months
   Board of Directors:                                                                      Signature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.90% . . . . . . . . . . . . . . . 48 Months
                                                                                            Visa Card . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.90% . . . . . . . . . . . . . . Revolving
   Ted O'Karma, Chairman; Rick Lacher, Treasurer;                                           Share-Secured Visa Card . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.90% . . . . . . . . . . . . . . Revolving
   Tom Posivak, Secretary; Fred Kigerl; Joe Rohr; Rob Versluis;
                                                                                            * Loan rates as shown represent the lowest rates offered. Other rates available. Your rate may vary based on credit factors.
   Sheryl Lashauer; Laura Tankenson; Mike Zakibe
                                                                                            NOTE: The above information is valid as of the date of printing. Dividends on Share Accounts are declared at the end of each
                                                                                            quarter based on available earnings as required by the Federal Credit Union Act. The NBC Universal Employees Federal Credit
   Kirk Bowren, Chief Executive Officer                                                     Union reserves the right to make changes at any time without notice as a result of change in policy, law or regulation.
   Ira Austin Candib, Chief Operating Officer

				
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posted:11/28/2011
language:English
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