Exclusively Serving East County School Employees | Spring 2011
Insight Love Your Car ♥ Love Your Rate!
A Few Words Introducing our New 1.99% APR*
From Our CEO
As the only financial
Step Rate Auto Loan!
We’ve developed the hottest
school employees and
new vehicle loan in town –
their family members,
with a rate that starts low,
Grossmont Schools Federal Credit Union
increases slowly and saves
commits a significant amount of human and
you lots of money! It’s our
financial resources in support of East County
new Step Rate Auto Loan!
schools and their employees. I wanted to
Here’s how it works…
share with you some of the fruits of our labor.
For well-qualified borrowers,
First of all, for the 2nd time in 3 years,
you’ll pay a low 1.99% APR*
GSFCU has been nominated by a school
during the first year. Your rate
district as their “Community Partner of
will only go up 1.00% APR*
the Year”. Two separate districts have
each year thereafter, resulting
acknowledged our commitment in this way,
in a low total APR* over the
and we think it speaks volumes about our
term of your loan.
involvement in our local schools.
Imagine! A 60-month term will result in a 3.14% APR* blended rate –
Secondly, GSFCU was recently awarded with
and if you pay the loan off early, your actual blended rate will be less!
a prestigious 1st Place National Award from
the largest credit union trade association Our new Step Rate loan also provides a fixed payment that never
for Social Responsibility. This was the changes during the loan term, so you have no surprises like you might
result of creating, funding, and distributing see with other variable rate loans.
the Employee Stimulus Books that were Ready To Purchase A New Or Pre-Owned Vehicle?
customized for each East County School
GSFCU’s Auto Buying Service, New Cars Inc. (NCI), is the convenient
District. These books contained discounts
and hassle-free way to buy your next new or used vehicle. NCI has
from more than 150 East County merchants
exclusively been serving credit union members since 1986, with the
on the goods and services that we all
highest level of quality products and personal service. We take pride in
consume in our daily lives.
offering all GSFCU members with the very best in vehicle buying, and
By becoming a member-owner, or by NCI delivers. Plus we have a NCI representative right here in our branch!
increasing your existing relationship with
GSFCU, you enable us to do more for you, as Have A Vehicle Loan With Another Lender?
well as the school districts that we support Here’s your chance to lower your monthly payments and your interest
throughout the year. We look forward to being rate! We’ll make it easy for you to refinance your existing vehicle loan
your primary financial institution! held at another financial institution with a GSFCU Step Rate Loan!
I hope to “C U” soon, Love Your Car ♥ Love Your Rate!
Apply on-line at www.gsfcu.org or give us a call at 619-588-1515 and
ask to speak to a loan officer. You’ll be glad you did!
Steven A. Devan *APR = Annual Percentage Rate. GSFCU Step Rate Loan is Variable and your rate will adjust upward by 1.00% on the annual
anniversary of your due date. 1.99% APR start rate is for borrowers with a 700 + credit score. Your rate may be higher based
President & Chief Executive Officer on your credit score. A 60-Month loan for $10,000 at 3.14% APR has a monthly payment amount of approximately $181.00.
All loans subject to credit approval.
Announcing Our New Platinum 2011 – 2012 Board
Access Money Market Account! Of Directors
It’s Finally Here! The officers for the 2011 - 2012
Our new Platinum Access Money Market Account offers Board of Directors are:
you the highest earning power and the convenience of • Glyn Rowbotham, Chairman
liquidity! Plus, we’ve made it easy for you to tap into • Pat Price, Vice-Chairman
your account when you need to with Share Draft • Roger Harwood, Treasurer
(Checking) Access!* • Ron Blazovic, Secretary
• $2,500 Minimum Balance To • Unlimited In-Person • Ezequiel Cardenas, Director
Open ($250,000 Maximum Withdrawals Or Transfers The 2010 Annual Report is now
Balance Allowed) • Up To Six Pre-Authorized available. You may pick yours up
• No Monthly Fees – Ever! Withdrawals Or Transfers Per at the credit union or give us a call
• Free Personalized Checks Month (Including Check Writing)* and we’ll be happy to mail you one.
• ATM Card Access (Tied To Your • Tiered Rates – The More You You may also visit us online at
GSFCU Debit Card) Save, The More You Earn! www.gsfcu.org for an electronic
Save When You Can…Spend When You Need!
Our new Platinum Access Money Market Account is the ideal way to earn
high dividends on your savings, while maintaining flexibility. Privacy Notice
High Interest, No Fees, Easy Access! Our “Annual Privacy Notice” is
enclosed with your statement. As in
Start enjoying a competitive return on your investment! Open your Platinum
the past, GSFCU does NOT share your
Access Money Market Account today! Give us a call at (619) 588-1515 or
personal information with 3rd party
visit us on-line for current rates.
affiliates, except as allowed by law
*In compliance with Federal Banking Regulation D, telephone and automated Money Market withdrawals (including checks) are
limited to comply with the regulation. During any calendar month, you may not make more than six withdrawals or transfers
or to directly service your account
to another GSFCU account of yours or to a third party by means of a preauthorized or automatic transfer, telephonic order or
(such as produce your statements or
report information to national credit
bureaus). Please retain this important
Thomas H. Gould / Paul R. Marsh document for your records.
Scholarships Holiday Closings
The credit union will be awarding two $1,000 scholarships to two (2)
graduating high school seniors planning to attend college in the fall.
Monday, May 30, 2011
Students must be a member of the credit union or a family member of a
current GSFCU member to apply. The application deadline is May 2, 2011. Independence Day
For an application, stop by the credit union or obtain an electronic version Monday, July 4, 2011
on our website.
Complimentary “Shred Day” At GSFCU!
Saturday, April 16th – from 8 am to 12 noon
We invite you to bring all of the important papers 1069 Graves Avenue, Suite 100
you need to have destroyed to the GSFCU branch El Cajon, CA 92021-4573
office on Saturday, April 16, 2011!
Our paper destruction company will “burn” your (619) 588-1515 (619) 588-2197
sensitive and personal paper documents – right here
in our parking lot!
There is a limit of two (2) boxes of paper per member
(approximate size of your boxes should be 12 x 24
x 10 - your box will be returned). No cardboard,
Styrofoam or plastic; please only bring paper documents.
00282 3/11 Marketing Partners (888) 641-1215