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									   Spreading Our Wings

            Delaware First Federal Credit Union
                         Sharing the American Dream
                                                                                                                        Winter 2009



                             FREE Loan Health Checkup
                                                             Loan Concerns?
                                                        Worried about your home loan or any of your other debts? Thinking about
                                                     refinancing? What about that next major purchase? Let Delaware First Federal
                                                    Credit Union help find the right solutions for you.
                                                  Every day it seems like there is another media story about real estate market issues.
                                 Many of these stories leave people wondering about the health of the market, and wondering how
                                     their own financial situations might be affected. We want you to know that we take your
                                           concerns very seriously.
                                                   As a Delaware First FCU member, you benefit from our strong position in the
                                                 financial industry. Your interests are and always will be protected by our stable and
                                                secure hold in the market, backed by 46 years of member service. We have never
                                           sought to make profits from our members — our standards reflect what is best for you.
                        Because of this commitment to quality, we are able to offer a wide range of affordable products that help our
                       members steer clear of payment challenges and surprises.

Loan Health Check
    A Loan Health Checkup from Delaware First FCU can help you. Your financial health is extremely important to us. We want you to
feel safe and educated about your loans. With the Loan Health Check, you receive guidance from our unbiased Home Finance
Consultants, who have only your best interests in mind. This exceptional service includes a personal review of your loans to determine
the strength and health of your existing or prospective loans — no matter who the lender is.

Loan Health Check consultants will:
   • Review and compare your loans, to ensure that you are getting the best rates available to you
   • Ensure that you are managing your debt the best way possible
   • Help you discover new ways to save
   • Answer any questions you have about your loan concerns                      Our Millionaire for a
Get Started
   To get your Loan Health Checkup from Delaware First FCU:
                                                                                    Day Winners
   Call our Mortgage Department to speak to a Home Finance Consultant:                  Anthony Grothaus of New Castle
800-963-1944, Mon. - Fri. 9:00 a.m. – 5:00 p.m., Sat. 9:00 a.m. – 1:00 p.m.           Katrina Grant-Haman of Wilmington
(Eastern Time Zone)                                                                         Lygia Dewit of Middletown
   Or go to www.delawarefirst.com and visit our Online Home Loan Center.                  Damon Richards of Middletown


Q U A L I T Y                        S E R V I C E ,                          M E M B E R S                         F I R S T
###
 ######
                       ##
                                                Delaware First Loans
                                      #      THE BETTER WAY TO BORROW!

 Nominees for                                Delaware First Federal Credit Union is the one place to
                                          go for all your borrowing needs. We offer a variety of

 Election                                 low-cost loans, including . . .
                                            • Vehicle loans
 Delaware First Federal Credit              • Mortgage loans
 Union Board of Directors                   • Home equity loans and lines of credit
    The following have been                 • Share secured loans
 nominated for election to the three
                                            • Personal loans
 (3) open positions on the Board of
 Directors for election at the Annual        Vehicle loans and mortgage loans are obviously designed
 Meeting to be held on March 28,          for specific purposes, but the others can be used for anything
 2009.                                    at all: consolidating leftover holiday debts, furnishing or
                                          renovating a home, tuition payments . . . you name it!
 James Brown (3 Year Term)
 • Delaware First FCU Board               Tax Time Loans
   Member for 10 years                       Occasionally, some of our members find themselves hard pressed to keep the tax
 • Delaware First FCU Board               man happy. If that sounds like your situation this year, don’t despair. We may be
   Treasurer for 9 years                  able to provide you with the money you need. If you need a hand, let us know
 • Member of the Executive                before April 15 rolls around.
   Management Committee                     More information about our loans is available at the credit union or on our
 • Member of the Asset/Liability          website. Our current rates can be found at delawarefirst.com/ASP/rates.asp.
   Management Committee
 • Delaware First FCU Supervisory
   Committee Member for 3 years
 • General Motors employee for 30
   years
                                               Get Ready for Retirement Now
 • UAW Local 435 Financial Secretary          An IRA Shares Account is a safe way to save for life on a fixed income. And
   for 13 years                           it’s never too early to open one! In fact, financial experts will tell you that the
                                          sooner you open an IRA, the better off you’ll be.
 Michael Matweychuk (3 Year Term)
                                             We offer two different kinds of IRAs: traditional IRAs and Roth IRAs. Both
 • Delaware First FCU Board
                                          are federally insured up to $250,000 and offer definite tax advantages. Stop by
   Member since October 2005
                                          and talk with a member service representative to learn more.
 • Delaware First FCU Board
   Secretary for 2 years
 • Member of IAABO Board #11 for
   14 years
 • Active member of Big
   Brothers/Big Sisters Association
   for 9 years
 • Hilyard’s Inc. employee for 9 years
                                                A Cost-Cutting Tip
 Randy W. Miller (3 Year Term)
                                                   Lowering your thermostat
 • Delaware First FCU Supervisory               from 72 degrees to 68
   Committee Member for 3 years                 degrees during the
 • General Motors employee for 21               winter months can lower
   years                                        your heating costs by
 • General Motors Cost Accountant               more than 21 percent.
   for 10 years
                                                                                             Deposit Insurance
                                                                                           LIMIT RAISED
                                                                                              Each new day brings more
                                                                                           troubling news about the markets, the
    Within a few                                                    they have to pay a     financial services sector and banking
weeks President-                                                    higher interest        in particular. Fortunately, our credit
elect Obama will be                                                 rate at the dealer.    union is still in sound financial
taking his oath of                                                 They also fail to       condition and still a safe place to save
office. The changes his                                            call MVCP, often         for the future. In fact, it’s now an
administration will                                             resulting in their         even better place to save than it used
make first are unknown,                                        overpaying for the car.      to be.
and the time it will take those                            We offer the services of           In October President Bush signed
to improve the economy are also               MVCP to help you buy that next car.          into law the Emergency Economic
unknown. We wish him and the new              We provide the service free of charge        Stabilization Act, more commonly
Congress well. Hopefully, they will be        to you. With the MVCP program, you           known as “the Wall Street bailout
able to steer the country to better           can avoid the mistake of overpaying          bill.” One positive consequence of
economic conditions.                          for a car purchase. MVCP has a dealer        that is that deposits to credit union
    There is one thing we do know, and        network in our area. These dealers will      accounts are now insured to at least
it has proven to be true every year.          honor the MVCP low pricing program.          $250,000. The previous limit was
Most members do not buy a car over            Contact MVCP before you go to a              $100,000.
the next couple of months. The                dealer at 800-345-0990, ask for an
                                                                                              The federal insurance fund that
members that do buy are the members           advisor, or visit www.mvcp.com.
                                                                                           protects those deposits, the National
that need to buy. Their vehicle has              We have very low interest rates to        Credit Union Share Insurance Fund,
"died", the repair costs are getting too      save you money. Our loan officers are         is administered by the National
expensive or, worse, their vehicle was        here to help you buy that car. Contact       Credit Union Administration and
totaled in an accident. We also have          us either by phone at 302-998-0665 or        backed by the full faith and credit of
found over the years that these               by visiting our website at                   the United States government. So you
members often fail to contact us first to      www.delawarefirst.com before visiting         can trust that the money you deposit
discuss financing, with the result that        the dealer.                                  to your accounts will always be there
                                                                                           when you need it.

     Losing Sleep Over the Economy?                                                           Do you make regular deposits to
                                                                                           your savings? As a wise man once

     Don’t Lose Any Sleep Over Us                                                          said, “We should all be concerned
                                                                                           about the future because we will have
                                                                                           to spend the rest of our lives there.”
     No doubt about it. The economy is going through turbulent times. How long
  they’ll last is anybody’s guess. One thing is certain, however. Your credit union will
  weather the storm.
     Just in case you were wondering, your credit union is in fine shape. Prudent
  underwriting practices have spared us the troubles that have beset other
  institutions. Nonetheless, individual members of the credit union are having
  troubles of their own. We’re helping them find a way out of their present
                      difficulties and stand ready to work with you too if the need
            $              arises.
 $                  $         Deposits at the credit union remain as safe as ever.
                            Unlike the money entrusted to many financial services
                           companies, deposits to credit unions are federally insured.
                                We’re committed to serving you as long as you give
                             us the opportunity to do so. So don’t worry. We’re not
                             going anywhere.
              Call for Your Loan Checkup
Happenings
               Today — 800-963-1944
                                          Mon. - Fri. 9:00 a.m. – 5:00 p.m.,
                                                                                                                                                                                         Main Office
                                  Sat. 9:00 a.m. – 1:00 p.m. (Eastern Time Zone)
                                                                                                                                                                                      1815 Newport Gap Pike
                                                                                                                                                                                     Wilmington, DE 19808-6241
                                                                   Holidays                                                                                                            Hours of Operation
                                                                                                                                                                                    Monday, Tuesday & Thursday
                Delaware First FCU will be closed in observance of the following holidays:                                                                                               9:00 a.m. – 5:00 p.m.
                                Martin Luther King, Jr. Day, January 19                                                                                                            Wednesday 9:30 a.m. – 5:00 p.m.
                                                                                                                                                                                     Friday 8:30 a.m. – 6:00 p.m.
                                                            Presidents Day, February 16                                                                                             Saturday 9:00 a.m. – 1:00 p.m.

                                                                                                                                                                                        Member Services
                                                                                                                                                                                       Telephone Number
                                                                                                                                                                                            (302) 998-0665

                                            Rates of Interest                                                                                                                     Outside New Castle County
                                                                                                                                                                                           Toll-Free
                                                             as of December 1, 2008                                                                                                         (877) 994-3626

         SHARE RATES                                                                   LOAN RATES                                                                                   Middletown Branch
                                                                             APY*                                                                                  APR*                   98 Sandhill Drive
         Regular & Secondary Shares . . . . . 0.60%                                                                                                                                     Middletown, DE 19709
         Youth Accounts . . . . . . . . . . . . . . . . . . . . . . 0.60%              Personal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.99%                 Phone: (302) 378-5566
         Holiday Club Accounts . . . . . . . . . . . 0.70%                                                                                                                               Fax: (302) 378-5565
                                                                                       Home Equity – Fixed Rate . . . . . . . . 5.49%
                                                                                                                                                                                       Hours of Operation
         Vacation Club Accounts . . . . . . . . . . 0.70%
         Checking Accounts                                                             Automobile/Motorcycle                                                                   Monday – Wednesday 9:30 a.m. – 5:00 p.m.
         $0 – $99.99 . . . . . . . . . . . . No dividends paid                          New . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.99%    Thursday & Friday 9:00 a.m. – 6:00 p.m.
         $100 – $4,999.99 . . . . . . . . . . . . . . . . . . . . . . 0.15%             Used . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.99%       Saturday 9:00 a.m. – 1:00 p.m.
         $5,000 and over . . . . . . . . . . . . . . . . . . . . . . . 0.50%

                                                                                                                                                                                        Loan by Phone
         Money Market                                                                  RV/Watercraft
         $1,000 – $9,999 . . . . . . . . . . . . . . . . . . . . . . . 1.10%            New or Used . . . . . . . . . . . . . . . . . . . . . . . . . 8.99%
         $10,000 – $24,999 . . . . . . . . . . . . . . . . . . . . 1.50%                                                                                                                 (877) 923-0198
         $25,000 – $49,999 . . . . . . . . . . . . . . . . . . . . 1.75%               Home Advantage                                                                              Consider Delaware First FCU for
         $50,000 – $74,999 . . . . . . . . . . . . . . . . . . . . 2.00%                Card . . . . . . . . . . . . . . . . . . . . . . . . WSJ Prime Rate                       Refinancing or Debt Consolidation.
         $75,000 and over . . . . . . . . . . . . . . . . . . . . . 2.25%

                                                                                                                                                                                     Board of Directors
                                                                                       MasterCard . . . . . . . . . . . . . . . as low as 9.25%
         IRA Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.80%
         Rates are effective as of 12/1/2008 and are subject                           Rates are effective as of 12/1/2008. Rates reflect                                                     Ed Nadolny
         to change without notice.                                                     1/2% discount for members with automatic                                                               Chairman
         *APY = Annual Percentage Yield                                                payments or direct payroll payments. Rates are for
                                                                                       qualified borrowers and subject to the Credit                                                       Daniel W. Komara
         Share & IRA Certificates*                                                                                                                                                           Vice Chairman
                                                                                       Union’s tiered loan policy. The rate for each loan
         6 - 11 months . . . . . . . . . . . . . . . . . . . . . . . . . . 2.25%       will be assigned at the time loan is underwritten                                                   James G. Brown
         12 - 23 months . . . . . . . . . . . . . . . . . . . . . . . . 2.50%          based on the member’s credit worthiness. Rates,                                                        Treasurer
         24 - 35 months . . . . . . . . . . . . . . . . . . . . . . . . 2.75%          terms, and promotions are subject to change
                                                                                                                                                                                        Kimberly L. Rachiele
         36 - 47 months . . . . . . . . . . . . . . . . . . . . . . . . 3.00%          without notice. This chart is not intended to                                                     Recording Secretary
         48 - 59 months . . . . . . . . . . . . . . . . . . . . . . . . 3.00%          provide full disclosures. Please visit our website
         60 - 71 months . . . . . . . . . . . . . . . . . . . . . . . . 3.00%          (delawarefirst.com) for more information.                                                        Michael J. Matweychuk
         72 - 83 months . . . . . . . . . . . . . . . . . . . . . . . . 3.00%                                                                                                                 Director
                                                                                       *APR = Annual Percentage Rate
         84 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.00%                                                                                                       Kelly McKeown
         Rates are effective as of 12/1/2008 and are subject                                                                                                                                   Director
         to change without notice. Minimum opening
         deposit for all certificates is $500. Subject to
         penalty for early withdrawal.
         *APY = Annual Percentage Yield
                                                                                                                                                                                                designed & printed by visions, ink. 282266 12/08

								
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